Singapore will extend its block exemption order for liner shipping agreements for another five years until December 2020, the Ministry of Trade and Industry has announced.

The sharp decline in net income of Taiwan’s top three carriers through the course of the last three quarters gives a clear picture of the container shipping industry’s rapidly deteriorating operating environment.

Australia’s government is considering a block exemption to the competition law for liner shipping in a move that has been cautiously welcomed by Shipping Australia, the industry’s national association.

The Port of Baku, the oldest and largest port on the Caspian Sea, will complete phase 1 of its new international sea and trade port by 2017, increasing capacity to 11.5 million tons of cargo per year and up to 50,000 containers, many of which could be transshipped between China, Central Asia and Europe.

Rotterdam dock workers are planning a series of 24-hour strikes over the next two months to protest possible lay-offs at the port’s newest container terminals.

Zim Integrated Shipping Services’ financial recovery is gathering pace as the Israel-based ocean carrier posted its fourth consecutive quarterly operating profit in challenging market conditions.

South Korea's government plans to conduct research on ultra-large container ships, including the return on investment of the vessels, their impact on ports and the investment needed at terminals to handle them.

CMA CGM said it is upgrading its New Europe Mascarene Oceania service by adding new port calls, starting in early December.

As the ideology known as Kirchnerismo begins to fade in Argentina following the defeat of outgoing president Cristina Fernandez de Kirchner’s intended successor in elections Sunday, shippers and container terminal operators in Buenos Aires may benefit from an increase in trade.

Mitsui O.S.K. Lines, one of Japan’s three largest shipping firms, is thinking of withdrawing from the Asia to east coast of South America trade.

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