Feb
25

OOCL to order mega ships

Hong Kong-based OOCL intends to purchase very large-sized containerships with capacity between 8,000TEU and 13,000TEU, reported Hong Kong’s South China Morning Post.

The European Union’s Advance Cargo Declaration regime will enter into force on January 1, 2011, however BIMCO says technical problems in its rollout are causing uncertainty for the shipping industry.

Ports along the United States’ east coast are racing to become the “go-to” port following expansion works on the Panama Canal, which will be completed by August 15, 2014, according to a report from the New York Times.

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