The ZIM operated Seven Star Service between Asia and the U.S. East Coast will be suspended for the winter slack season, but the Israeli carrier will join the G6 Alliance’s SVS on the trade as a vessel provider, dubbing it the Seven Star Winter Service.
The nonprofit organization said Wednesday it broke ground on what will become the largest distribution hub for humanitarian medical aid in the United States.
The head of the largest freight brokerage in North America told American Shipper this week that capital fueling acquisitions and new technology will push his company and industry as a whole.
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Several ocean carriers have decided to launch various routes in order to fill the void from Hanjin’s halted operation.
The now insolvent South Korean ocean carrier released a status update Monday on the 97 vessels it operates, which illustrated that 59 of these vessels are still waiting in open sea.
Korea’s Financial Services Commission said the government will promote sales of Hanjin Shipping’s core assets to Hyundai Merchant Marine in a bid to maintain competitiveness of the Korean shipping industry.