This alert raises awareness as to the importance of not modifying equipment or components from their intended design or operation. Recently, a State Pilot suffered a concussion as he was boarding a vessel via its pilot ladder. The primary…
Diana Containerships Inc. (NASDAQ: DCIX), said that on November 5, 2014, it signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase from an unaffiliated third party a 2005-built Post-Panamax container vessel of approximately 5…
The ongoing congestion in Manila has not improved. Consequently, the situation resulted in cumulative delays and build up of containers at the transhipment port in Singapore.In view of this, Hapag-Lloyd will temporarily halt booking acceptance…
The global shipping market is unlikely to see a recovery during the next two years as it grapples with an oversupply of vessels, the chairman of China's largest shipping group said on Wednesday.The sector has been battling overcapacity since…
APM Terminals announced today that it will not pursue the proposed joint venture for the ownership and operation of APM Terminals’ Elizabeth, New Jersey facility. Eric Sisco, President of APM Terminals North America, stated: “APM Terminals…
ILWU withholds hundreds of skilled workers from vital terminal jobs at Los Angeles andLong Beach Ports, threatening holiday commerce and U.S. economySan Francisco, CA (November 6, 2014) – Escalating its use of orchestrated job actions…
Freight transport insurer TT Club reveals detailed results of its claims survey highlighting tank container incidents: contamination accounts for nearly half with damage to tanks adding another thirdSpeaking at the Asia Tank Container Organization’s General Meeting in Shanghai yesterday…
Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, today announced that Minister for Transport and Rural Development, Mr. Foundation Stone for Adani Ennore Container Terminal laidor its container terminal at Ennore port…
Hapag-Lloyd has received unconditional clearance under Brazilian merger regulations for the planned integration of the container shipping activities of Compañía Sud Americana de Vapores (CSAV) into Hapag-Lloyd. Hapag-Lloyd and CSAV signed a binding business combination agreement in April…
Hapag-Lloyd informs that the current situation of the UK Road Haulage market continues to face ongoing challenges as a result of increased cargo volumes through all UK ports and a general shortage of both vehicle, rail and driver availability…
Dynamar has published “INTRA-MEDITERRANEAN CONTAINER TRADES”, the latest report in its Container Trades and Markets series. Salient details and interesting findings of the new report are discussed here below.Intra-Mediterranean (2014) Container…
APM Terminals Inland Services, South Asia continues to rollout its “I- Care” CSR master plan to help local communities in India improve their quality of life. Eye and Vision Care camps were established to help improve the lives of people located…
Danaos Corporation, a leading international owner of containerships, today reported unaudited results for the period ended September 30, 2014. Highlights for the Third Quarter and Nine Months Ended September 30, 2014:* Operating revenues of $139…
Ahrenkiel Steamship has chosen to implement DNV GL’s ShipManager software on its entire fleet of 60 vessels.The implementation of ShipManager on the entire fleet of 60 vessels, including containerships and bulk carriers, is scheduled to start this year…
In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain. The reasons are not too far to see. From…