ONE of China's latest entrants into liner shipping has a name to reflect its status.
Newnew Shipping is one of a host of new local container brands servicing the China-Russia tradelane, reports Singapore's Splash 247.
Newnew is a subsidiary of Torgmoll, a logistics group, with Alphaliner reporting it has recently bought the 3,700 TEU, 2007-built Northern Debonair for US$15 million from German interests.
This is the third ship Newnew has bought in recent months and will serve on the company's China-Baltic & Black Sea service. Newnew also has a China-Russia Far East service.
In the wake of war breaking out between Russia and Ukraine in February last year, most global liners pulled back from servicing Russia, but a host of new names have since entered the fray with rates reportedly highly elevated.
https://www.shippingazette.com/menu.asp?encode=eng
|
Back:
Next:
