APL has announced the launch of the China Bangkok Express (CBX) service, a new shortsea service that directly links South China and Thailand each week. Characterised by competitive transit times, the CBX service promises the industry’s fastest connection from Nansha to Bangkok in four days…
Eco Marine Power (EMP) announce that it will exhibit for the first time a working prototype of its EnergySail technology and the automated control system at Sea Japan in Tokyo. This laboratory prototype will be exhibited along with several…
Imports at the nation’s major retail container ports are expected to grow a healthy 5.8 percent year-over-year this month but could be threatened in the future if the developing trade war between the United States and China continues to escalate…
APM Terminals Mumbai, India handled a record 2.3 million TEUs during its 2017-2018 financial year. This is the terminal’s highest volume since the terminal was built in 2006. The terminal received over 633 vessels over the course of the year…
Turkey’s Oyak Group - owner of the country’s biggest steel producer, Erdemir Group - is to invest in a car logistics terminal in Yarimca port near Istanbul in partnership with Japan’s Nippon Yusen Kaisha (NYK Line). According to a Reuters report…
Jan Thorsgaard Nielsen, Senior Managing Director of Blackstone, is appointed Chief Investment Officer (CIO) of A/S. A P Moller Holding (APMH). APMH is a privately owned holding company and is the biggest shareholder in A P Moller-Maersk (APM)…
The major ports in India have recorded a growth of 4.77 per cent and together handled 679.35 Million Tonnes of cargo during the period April 2017 to March 2018 as against 648.39 Million Tonnes handled during the corresponding period of previous year…
Samsung Heavy Industries(SHI) revealed on March 5, 2018 that one 180K ㎥ LNG carrier newbuilding has been approved by the board of an overseas owner. The contract, is subject to agreement on the shipbuilding contract terms, which are scheduled to be agreed by March 9…
In the first quarter of 2018, 5.01 million tons of cargo and 1.92 million passengers passed through the harbours of Port of Tallinn. The cargo volume increased by 0.3 % and passenger number by 0.2 % compared to the same period last year. According…
APL has announced the extension of Eagle GO. Guaranteed to its Trans-Atlantic and Oceania services networks. Shippers who opt for the premium offering will be guaranteed equipment and vessel space on board six US-bound services from 17 European ports…
Samsung Heavy Industries(SHI) revealed on April 4th that a contract for two 174,000㎥ LNG carriers on BOD approval term. The price is 184 million USD per vessel(around KRW 195 billion). The latest LNGCs would be delivered in July and October 2020…
Huisman announced Theo Bruijninckx has been appointed as the company’s new chief executive officer to replace Joop Roodenburg, who decided to step down to the president role.Bruijninckx joined Huisman as chief financial officer and member of the board in May 2017…
PAO Sovcomflot (SCF Group) informed that it has signed a new $252 million 7-year credit facility with a consortium of six leading international banks, which includes: ABN AMRO Bank; BNP Paribas; Citibank; ING Bank; KfW IPEX-Bank, and Société Générale…
Hiroshima head-quartered, Kanban Kisen Kaifu Co., Ltd. will strengthen its ship management business in Europe. The Norwegian branch of the overseas subsidiary Union Marine Management Services Pte. Ltd., will start business from 19th and will start ship management work from April 9th…
At a ceremony held in Istanbul on April 5, NYK signed an agreement to jointly build and operate a finished-car logistics terminal in Yarimca port near Istanbul, Turkey. The new joint venture will be owned and operated together with OYAK Denizcilik ve Liman İşletmeleri A…