Following the friendly takeover bid for the contract logistics and freight management solutions provider CEVA Logistics, the French container transportation and shipping giant CMA CGM Group now holds 99.4% of CEVA's equity.The shipping Group is resolutely committed to CEVA's financial recovery…
The South African Transport and Allied Workers Union (Satawu) said on Wednesday a court interdiction secured by the national ports authority has stopped planned strike action at ports from Thursday.'Transnet National Ports Authority has interdicted…
West of England P&I Club has announced its results for the year ending 20 February 2019. The Club’s capital has strengthened and remains considerably in excess of the ‘AAA’ capital strength requirement under Standard and Poor’s model.This has been re-affirmed in its financial strength rating of A-…
Shipping giant CMA CGM expects to see further growth in its volumes this year as increasing activity from southeast Asia towards the United States helps make up for slowing China-U.S. flows that were a drag on its first quarter.French-based CMA CGM…
The Port Esbjerg is gearing up for future business and opted for the world’s largest mobile harbor crane, the Liebherr LHM 800 with a maximum lifting capacity of up to 308 tonnes.Since 1874, the Port of Esbjerg has been the main center for sea…
The Shipbuilders Council of America (SCA) honored U.S. House of Representatives Chairman of the House Transportation & Infrastructure Committee, Peter DeFazio (R-OR) as a 2019 recipient of SCA’s Maritime Leadership Award.As recipient of the Maritime Leadership Award…
Intelsat has announced the appointment of David M. Tolley as Executive Vice President and Chief Financial Officer, effective June 3, 2019.Tolley will report to Intelsat’s Chief Executive Officer, Stephen Spengler, and oversee Intelsat’s global finance organization…
The St. Louis Regional Freightway and the Port of Savannah are forging a partnership to create a new connection between the St. Louis, Mo. region and the largest single-terminal container facility in the western hemisphere. In response to record movement of 4…
The Maritime and Port Authority of Singapore (MPA) revoked the bunker supplier license of Southernpec (Singapore) Pte Ltd., effective May 29, 2019. During a recent enforcement check, MPA found that Southernpec employees engaged in bunker malpractices…
U.K.'s Portsmouth International Port's relationship with major European ferry operator, Brittany Ferries, has been strengthened following the announcement of an additional five years to a joint long-term agreement.This means Brittany Ferries is committed to Portsmouth until the end of 2031…
Edda Accommodation, a specialized provider of offshore accommodation service vessels, has announced that Johan Rokstad retired as CEO.The managing director role of Edda Accommodation is now transferred to Kenneth Walland, CEO of Østensjø Rederi…
The United States has warned Hong Kong to be on alert for a vessel carrying Iranian petroleum that may seek to stop in the Asia financial hub, and said that any entity providing services to the vessel will be violating U.S. sanctions.The news comes two weeks after U…
Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) has announced they will join TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller - Maersk and IBM.With CMA CGM, MSC, Maersk…
South Africa's transport workers union Satawu threatened a 'total shutdown' at major ports across the country from Thursday after issuing a 48-hour strike notice for mariners over a payment dispute, the union said on Tuesday.The South African…
CSP Abu Dhabi Terminal, a container terminal built and operated by China's COSCO SHIPPING Ports Limited (CSP) at Khalifa Port in partnership with Abu Dhabi Ports, has received two of the world’s largest mega-vessels within less than a month - cementing Abu Dhabi’s position as a global maritime hub…