by Canadian Sailings | Dec 12, 2018 | Ocean, Ocean Carriers, Other
By Mike WackettHapag-Lloyd has rolled out its plans for recovering the extra cost of compliance with IMO’s 0.5 per cent sulphur cap for shipping, which comes into force in less than 15 months. It no doubt hopes its proposals will be better received by customers than...
by Canadian Sailings | Dec 12, 2018 | Other
Following the Freight Management Association of Canada (FMA) Annual General Meeting in Toronto on October 15, the Board of Directors elected Gary Fast, Vice-President Transportation Canadian Tire, as Chair of the Association and Kleo Landucci, Chief Commercial &...
by Canadian Sailings | Dec 12, 2018 | Other
By Sam Whelan, Asia correspondentThe U.S.-China trade war has seemed “positive” for transpacific shipping lines, so far, with importers rushing to beat tariff deadlines. But there is growing concern that a prolonged dispute would leave shippers with question marks on...
by Canadian Sailings | Dec 12, 2018 | Ocean, Ocean Carriers, Other
By Mike WackettState-owned Korea Ocean Business Corporation (KOBC) has, reportedly, signed off on some W6.15trn ($5.4 billion) of new funding for the country’s biggest ocean carrier, Hyundai Merchant Marine (HMM) – but much of this cash will be needed to cover...
by Canadian Sailings | Dec 12, 2018 | Other
By Gavin van MarleHapag-Lloyd has placed an order for 8,600 Star Cool reefer containers, 2,000 of which will be controlled atmosphere (CA) units, with Maersk Container Industry (MCI). The order follows an August announcement from Hapag-Lloyd that it would be adding...