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A round-up of the latest news headlines for the supply chain and logistics industry, Week 11 of 2024.
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Hyundai Merchant Marine (HMM) is set to launch a new Asia-North Europe loop in April independent of its slot charter and slot and swap agreement with the 2M alliance, despite the cooperation deal having over two years still to run.
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The Panama Canal announced that it has added an additional reservation slot to its Neopanamax locks bringing the total available booking slots to eight daily.
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A round-up of the latest news headlines for the supply chain and logistics industry, Week 42 of 2021.
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Members of the Ocean Alliance met in Hainan, China, on Friday to sign a five-year extension of the "world's largest operational agreement between shipping companies," according to a CMA CGM press release.
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The Panama Canal set a new monthly tonnage record of 38.1 million tons (PC/UMS) after facilitating the transit of 1,231 vessels in May 2018.
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South Korea's largest surviving ocean carrier, Hyundai Merchant Marine (HMM) has now officially confirmed its plans to order 350,000 teu of new capacity.
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The transition to the ONE network is expected to be smooth, with customers expected to shift over to the new network with minimal disruptions during the switchover.
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As Yang Ming reports its first net profit in 10 quarters, it turns its attention to purchasing ULVCs.
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Maersk Line and its newly acquired Hamburg Süd subsidiary will launch a new Asia-South America west coast (WCSA) service network in April.