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New COSCO Service Between UK, Europe, Russia

Mar 25, 2019

Chinese state-owned shipping and logistics services supplier company COSCO Shipping Lines announced a new COSCO feeder service from St Petersburg, Russia will begin calling at DP World Southampton.'COSCO is to introduce a new weekly call at DP World Southampton…

2018: Record Year for Port of Antwerp

Mar 25, 2019

With a growth of 5.2% in 2018 compared to previous year, the Port of Antwerp has confirmed the earlier forecasts for a 6th consecutive year record.'The confirmation of the port's attractiveness and the consolidation of its position as a global…

Yang Ming Reports $219mln Loss for 2018

Mar 25, 2019

Taiwanese global shipping and logistics services company Yang Ming Marine Transportation Corp. it had a net loss of $218.5 million in 2018, with operating results significantly impacted by higher fuel prices.According to a stock exchange annoucement from the ocean shipping company based in Keelung…

TX Refineries Cut Output as Spill Curbs Shipping

Mar 25, 2019

Royal Dutch Shell Plc and LyondellBasell Industries cut production on Monday at their Houston-area oil refineries because of shipping disruptions along a waterway affected by a petrochemical fire and spill, according to people familiar with the matter…

The Port of Ngqura – Nurturing its green status

Mar 25, 2019

Transnet National Ports Authority’s (TNPA) Port of Ngqura is the only port with a green status in the South African port system and maintains this status through a number of innovative measures.“Ngqura is the only South African port that was…

Houston Ship Channel Reopened

Mar 25, 2019

The U.S. Coast Guard on Monday reopened portions of the Houston Ship Channel with restrictions on waterways affected by the petrochemical leak outside Houston that has disrupted ship traffic.The busiest U.S. oil port, shut last Friday after a chemical leak into the water…

GAC Sri Lanka Taps Edirisinghe as Director

Mar 25, 2019

Business veteran Ravi Edirisinghe has been appointed Director/Chief Executive Officer of GAC Group of companies in Sri Lanka.He brings to his new role 27 years of knowledge and experience in strategic planning, business development and re-engineering…

CMA CGM Orders 10 Boxships from China

Mar 25, 2019

CMA CGM chairman and CEO Rodolphe Saadé has signed two strategic partnerships with Lei Fanpei, chairman of the China State Shipbuilding Corporation (CSSC), including an order of 10 containership newbuilds, as well as an agreement to jointly…

Konecranes Delivers Reach Stackers to Ethiopia

Mar 25, 2019

Through distributor QOPH Engineering Enterprise, Konecranes has delivered 13 reach stackers to Ethiopian Shipping and Logistics Services Enterprise (ESLSE).  This order has put 10 reach stackers at Modjo Port & Terminal, Ethiopia’s main dry port which handles most of the country’s trade…

CMA CGM Boxship Refuels with Bio-Fuel

Mar 25, 2019

Previously announced IKEA, CMA CGM, GoodShipping Program and Port of Rotterdam pilot celebrates milestone moment in industry-first partnership.IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam announced the successful refueling on Saturday…

U.S. Clinches Port Deal with Oman

Mar 25, 2019

Tehran has in the past threatened to block the Strait of Hormuz, a major oil shipping route at the mouth of the Gulf, in retaliation for any hostile U.S. action, including attempts to halt Iranian oil exports through sanctions.Still, the U.S…

Hydrogen Fuel for Zero Emission Cruise Ships

Mar 24, 2019

General Electric’s (GE) Power Conversion business and Nedstack, Dutch fuel cell manufacturer, have entered into a partnership to develop hydrogen fuel cell systems for powering zero-emission cruise vessels.The two companies envisage using this technology on passenger ships…

Kalmar Strengthens Cooperation with VidaXL

Mar 24, 2019

The provider cargo-handling solutions and services to ports and terminals Kalmar has concluded an agreement to supply a further three Kalmar T2 terminal tractors, including preventive and on-call maintenance service, to leading Dutch online retailer VidaXL…

Hapag-Lloyd Mulls Better Performance in 2019

Mar 24, 2019

German ocean carrier Hapag-Lloyd expects solid growth in 2019, according to the annual report for 2018 in which the the international container shipping line reports improved earnings.Rolf Habben Jansen, Chief Executive Officer of Hapag-Lloyd said: 'While our business is and will remain cyclical…

Diamond S Shipping Taps Kilcullen as CFO

Mar 22, 2019

US-based tanker owner Diamond S Shipping Inc. said it has appointed Kevin M. Kilcullen as its new Chief Financial Officer.Kilcullen comes to Diamond S from Oslo-listed chemical and product tanker owner/operator Team Tankers International Ltd…

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