Diana Containerships Inc. (NASDAQ: DCIX) has agreed to extend the present time charter contract with A.P. Møller-Maersk A/S, for its Panamax container vessel, the m/v Sagitta, for a period of minimum 10 months to maximum 12 months. The gross charter rate is US$7…
DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility.The ‘APL Phoenix’ was welcomed by DP World Chairman…
VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has commenced construction on the first of two liquefied natural gas (LNG)-powered, combination Container Roll-On/Roll-Off (ConRo) vessels for Crowley following the signing of the contract…
The CKYHE Alliance (COSCO, 'K' LINE, Yang Ming, Hanjin Shipping, and Evergreen Line) has announced they will expand their cooperation scope to U.S. Trades and CKYHE files an Agreement and reports to related regulators to comply with their regulations…
The largest ship ever to enter the Thames arrived at DP World London Gateway, the U.K.’s new deepwater container port. The 397-meter-long, 56-meter-wide Edith Mærsk has a draught of 16 meters and carries up to 15,500 TEU (twenty-foot equivalent units)…
The Port of Long Beach will add an extra three days to the time that overseas import containers can remain on the docks without charge, in order to grant some relief to cargo owners as the supply chain works to eliminate cargo delivery delays…
Meeting with shipping lines to build business for Port of Long BeachLong Beach Mayor Robert Garcia, Harbor Commissioners and senior Harbor Department staff are traveling to several Asian countries, meeting with the Port of Long Beach’s key…
The Shipping Corporation of India Ltd. (SCI), a Government of India Enterprise, hosted an interactive session on Coastal & Exim container trades of Gujarat on 9th October, 2014 at Courtyard Marriott, Ahmedabad.Shri Arun Kumar Gupta, Chairman and Managing Director of SCI…
Mitsui O.S.K. Lines, Ltd. (MOL) today announced the launch of its biannual campaign on October 15, targeting all MOL-operated vessels.As part of its safety efforts, President Muto, executives and other personnel will conduct an extensive…
Denmark and its maritime industry are lobbying to get the top position at the International Maritime Organization, a United Nations body that wields great influence over global shipping through its regulations, industry sources said.The current secretary general of the IMO…
Moody’s Investors Service has upgraded Canaveral Port Authority’s $30.2 million in outstanding revenue bonds to A2 from A3 and rated its financial outlook stable. The upgrade was attributed to low leverage, cruise growth, stable finances and proactive capital plan management…
Ferguson Group announced the appointment of Richard Smith to lead its executive team. This appointment follows on from the acquisition of Ferguson Group by the global supply-chain logistics company, Brambles Limited, in September 2014. Richard…
Avisar Paz, the chief financial officer of Israel Corp, will take over as the conglomerate's chief executive once its reorganisation is complete, the company said on Monday.Israel Corp is planning to spin off some of its less profitable…
Goodwood Ship Management, the Singapore based management company, is set to increase its fleet under management to more than 10 million deadweight tonnes, the company’s annual officers’ conference heard this week.Capt Ashok Sabnis, Goodwood Managing Director…
Crowley Maritime Corporation’s liner services group and Seaboard Marine Ltd. announced today that they have entered a new vessel sharing agreement (VSA) to service customers in the Dominican Republic trade lane, while also changing their current VSA to Panama and Costa Rica…