Hamburg-based provider of shipping services Peter Döhle and Ernst Russ are selling ship management company Hammonia Reederei to Scandinavian investors, Ness Risan and Partners (NRP), a Norwegian investment fund and former owners of Containerships Group…
Dubai's DP World has asked an Indian court to halt an investigation into alleged antitrust violations at the country's largest container port in Mumbai, saying the regulator was seeking excessive information, a court document seen by Reuters showed…
Container shipping goliath CMA CGM announced the implementation of a global plan for 2019 to improve its operational performance with a cost savings objective of $1.2 billion through the optimization of lines and brands, and by further streamlining its processes…
The international owner of containerships Danaos Corporation has partnered with iMarine Software, fully integrating the maritime e-procurement solution 'SeaProc eProcurement' platform into their system.Danaos Web Enterprise Suite is a web-enabled…
The new 0.5% sulfur cap on fuel content for the global maritime industry means the container-shipping industry will need to offset up to $10 billion in incremental costs, starting Jan. 1, 2020, when the cap is slated to take effect, said a study…
Hapag-Lloyd, the world's largest shipping company, marks 50th anniversary of dangerous goods department.According to a press release from the transnational German-based transportation company, 50 years ago, in March 1969, Hapag and Norddeutscher…
Israeli container line ZIM Integrated Shipping Services (Zim) has announced an investment in technology start-up Ladingo, a solution provider connecting ocean freight to global e-commerce.According to a press release, ZIM’s decision to invest in the company is a strategic move…
Short-term container rates on the China Main ports to North Europe Main ports have seen a slight drop since the beginning of the year. However, compared to Spring and Autumn 2018, overall the industry sees an increase, said a report from Xeneta…
Maastricht Maersk, the latest next-generation Triple-E vessel known for improved energy efficiency and environmental performance, has arrived for the first time to Rotterdam on her westbound voyage from Asia.Welcoming the maiden voyage of the most modern vessel in the fleet to Rotterdam…
Jaxport, the port of Jacksonville, Florida, had its best ever January container volumes, with total container movements increasing 16 percent over the same period last year.Nearly 121,400 twenty-foot equivalent units (or TEUs, the industry standard…
Danish shipping group Moller-Maersk said that although it had a challenging start to 2018, looking at the financial performance, it increased earnings despite significantly higher bunker fuel prices and lower than expected container volume growth in the second half of 2018…
Florida's largest port Port Tampa Bay welcome the announcement by the CMA CGM Group, that it will begin serving Port Tampa Bay in late May 2019 on its Pacific Express 3, or PEX3 service.With a presence in 160 countries and a fleet of 506 vessels…
Monaco-based seaborne shipping company Navios Maritime Containers announced the appointment of Stefan Kuch and Vasilios Mouyis to its Board of Directors.The owner and operator of container ships informed that Kuch has over 32 years of experience in finance and ship finance…
The sound part of the vessel Maersk Honam, which was hit by a serious fire last year, is being transported to Hyundai Heavy Industries Shipyard in South Korea, where it will be rebuilt. The sound section of Maersk Honam was successfully loaded…
China’s container shipping company Cosco Shipping Lines signed a strategic Memorandum of Understanding (MoU) with Africa-based Bolloré Transport & Logistics to develop new opportunities in transport, logistics and port infrastructure.The two companies…