Hapag-Lloyd and United Arab Shipping Company (UASC) merged yesterday (May 25, 2017). The merger between the two liner shipping companies was completed in Hamburg. With 230 vessels and a shared fleet capacity of approximately 1.6 million TEU…
Piracy in Somalia is making a comeback and the Gulf of Guinea remains the world’s most active hotspot for crew kidnappings, UK Chamber of Shipping said quoting latest data. The report said that during the first three months of 2017, armed pirates hijacked two vessels off the coast of Somalia…
Mitsui O.S.K. Lines will add a hazard map to the Captain's Dynamic Operation System for Counter planning and Analysis (Capt.'s DOSCA), which is provided by Weathernews, and used onboard MOL ships when they are underway. MOL already uses the system on many of its operated vessels…
A protest by residents in the Colombian Pacific port city of Buenaventura has prevented the shipment of hundreds of thousands of tonnes of cargo, the government said on Wednesday, adding that officials are negotiating with community leaders…
Djibouti has formally opened one of four new ports designed to cement the tiny Horn of Africa nation's position as a continental hub, a statement from the ports authority said on Wednesday. Doraleh Multipurpose Port has been substantially…
A new company set up by NorSea Group to simplify logistics through digital technology, NSG Digital, has established a collaborative agreement with the Kongsberg Group. The two are now moving the development and deployment of their new product…
The Port of New Orleans announced a new opportunity for shippers looking to transport perishable cargo from South America. Port NOLA received approval by the U.S. Department of Agriculture for inclusion in the Southeast U.S. In-Transit Cold Treatment Pilot Program…
Mining and commodities trading group Glencore Plc would prefer to grow its business through acquisitions rather than greenfield investment, its chief executive said on Wednesday. Addressing an annual general meeting in Cham, Switzerland…
German shipping line Hapag Lloyd and Arab sector peer UASC have completed a delayed merger which creates the world's fifth-biggest shipping company.The German company said on Wednesday that the deal to combine the two businesses, announced in April 2016 and sealed in July last year…
The Long Beach Board of Harbor Commissioners has appointed Duane Kenagy as the Port of Long Beach’s deputy executive director. Kenagy most recently served as interim chief executive, overseeing the nation’s second-busiest seaport during…
Birgitte Ringstad Vartdal, CEO of Golden Ocean, has been awarded the WISTA LeaderShip Award 2017 by WISTA Norway as recognition of her contribution to the maritime industry, her competency and leadership skills within the traditionally male dominated role of CEO…
Coralius, the first European built LNG bunker and distribution vessel was named Monday, May 22, by Johanna Lamminen, Chair of the Board of Skangas and Chief Executive Officer of Gasum. The 5,800 cbm vessel was commissioned by owners Anthony…
French container shipping company CMA CGM announced the launch of its new service between the west coast of the United States, Central America and South America, to be operated in collaboration with the German shipping company Hamburg Sud.Starting May 24…
Gulf-based bidders have emerged for the part-owned subsidiary of United Arab Shipping Company (UASC) whose sale is key to finalising the merger between UASC and German container shipping line Hapag Lloyd , sources close to the matter said. Last week…
Oman Shipping Company (OSC) has officially set up a new commercial chartering desk offering its Very Large Crude Carrier (VLCCs) to major traders and charterers covering VLCC routes worldwide. OSC, one of the biggest ship owners in the MENA region…