CMA CGM S.A. (CMA CGM) and PSA Singapore Terminals Pte. Ltd. (PSA) will form a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths at Pasir Panjang Terminal Phases 3 and 4 in Singapore…
Amid a takeover by France’s CMA CGM, Singapore container shipper Neptune Orient Lines (NOL) has named a new chief executive officer and chief financial officer. Nicolas Sartini will take over as chief executive officer, succeeding Ng Yat Chung…
Further to Hapag-Lloyd's information to their Customer circular issued in 4th March 2016 on the preventive actions of Zika virus for all cargoes entering China, the company has now provided an updated list of origin countries.All shipments…
Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18% between February and May, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates…
Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18% between February and May, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates…
The new restructured SMILE Service synergizes Shipping Corporation of India’s (SCI) Services with Shreyas’s Services and seamlessly links up Persian Gulf with East Coast of India and West Coast of India, thereby, further strengthening and expanding SCI’s presence in the Coastal Shipping Sector…
Imad Shanta followed a rather unusual path to Hapag-Lloyd: Eight months ago, he and his family fled the war in Syria and headed to Germany. Thanks to the “Hapag-Lloyd Helps” project, Imad had an opportunity to complete a traineeship in the company…
Enhanced Intra Mediterranean Service – New Black Sea Mediterranean Express (BMX) Service RotationHapag-Lloyd informs about the new rotation effective July 5, 2016.We would like to inform you that as from July 5, 2016 Hapag-Lloyd will enhance…
Today in portray: Captain Leonardus Versteeg. He has quite a gift for languages. As a Native of the Netherlands, he speaks Dutch. At home, he speaks Spanish with his wife. And at Hapag-Lloyd, it’s English and German. Versteeg inherited the seaman’s gene from his father…
Damen has commenced construction of two identical Crane Barge 6324 vessels. Designed as a particularly cost effective transshipment platform, the barges are being built on a speculative basis in response to client demands to ensure short delivery times…
DP World has won a 50 year concession for the development of a greenfield multi-purpose port project at Posorja, Ecuador, 65 kilometers from the country’s main business city of Guayaquil.The $500 million initial investment (Phase 1) will include the purchase of land…
With the successful completion of a pilot-program at five terminals, the new initiative will be in place across the entire APM Terminals Global Terminal Network by year-end. The Hague, Netherlands – APM Terminals announces a new Truck Safety…
DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem has met Argentinian President, Mauricio Macri in Beunos Aires to discuss cooperation in the ports and cruise terminals sector.The meeting was attended by the Argentinian transport cabinet including Minister of Transport…
The shareholders of Middle East container shipping group United Arab Shipping Company (UASC) back the company's merger talks with German rival Hapag-Lloyd although there has not yet been a vote to approve a deal, UASC said on Thursday.UASC…
The Port of Palm Beach District is proud to announce that Fitch Ratings has revised the Rating Outlook on approximately $9.72 million of outstanding Port of Palm Beach District port revenue bonds, series 2005, from Stable to Positive. The report…