BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party – LNGVOY - designed for the expanding LNG spot market. During the development process, BIMCO and…
Auditor KPMG says that the mergers and acquisitions (M&A) in the Transport sector will supersede the levels seen in 2015 this year. In 2016, mergers and acquisitions (M & A) in the Transport sector will supersede the levels seen in 2015 by exceeding the £ 52 billion mark…
China COSCO Shipping, the result of a merger in February between the country's top two state-owned shippers, is in talks with CMA CGM and several other major operators to create a new shipping alliance, say reports in local media. Wang Haimin…
United Arab Shipping Company (UASC) announced the opening of a new joint-venture agency in Uruguay and participation in this year’s Intermodal South America exhibition, opening today in São Paulo and running until 7th April. These initiatives…
Atlantic Container Line (ACL) took delivery of Atlantic Sail last week, the second of five new conro (container and roll-on/roll-off) - new G4 generation vessels - ships the company is building as part of its fleet renewal process. The…
Diversified Port Holdings (DPH), LLC., a Jacksonville based stevedoring and terminal service organization and parent company to Portus and Seaonus, announced a pair of leadership appointments, naming Chris May as chief process officer (CPO) and Troy Gouger as president of operations…
SAL announced that Mischa Tchang has been hired as the new Managing Director for SAL Singapore. Tchang brings to the role more than 15 years of experience in heavy lift shipping. With his years of experience in the heavy lift shipping industry…
A record volume of capacity entered the container markets in 2015. But where have the ships been deployed, and which carriers have taken on the most? The shipping consultants Drewry released their container shipping review for the first quarter 2016…
Drewry Maritime Advisors say that the trend of “big ship obsession” may soon come to an end. The three largest carriers in the world – Maersk Line, MSC and CMA CGM – extended their dominance by taking on the most capacity, while the five…
CMA CGM, a leading worldwide shipping Group, pays tribute to Zaha Hadid, who sadly died on March 31st. Zaha Hadid a renowned architect and 2004 Pritzker Prize Winner, completed the CMA CGM Tower in Marseilles as one of her major projects. In 2004…
The wording of instructions can potentially widen the scope of liability for marine service providers, warned International Transport Intermediaries Club (ITIC), citing the recent case of a marine surveyor sued for €1.56 million for alleged poor onboard stowage of a cargo…
Two global maritime security risk management providers Port2Port Maritime Security and Neptune Maritime Security announced they have agreed to merge. The combined group will provide significant scale and service advantages to the shipping and offshore industries…
Dry bulk sector revisits 1980s lows and faces uncertain longer term outlook; with the market near bottom, attention is turning toward the length of the downturn, the effect on asset values and the impact of broader demand side changes. In terms of annual average fleet employment rates…
Mark Delaney has been appointed Managing Director of GAC India, following the retirement of Paul Haegeman who has held the position since September 2004. Delaney, now responsible for overseeing the continued growth of GAC’s shipping and logistics businesses in India…
In a continued effort to provide reliable and quality services in a complex environment, CMA CGM is pleased to introduce its new FAL 8 service rotation linking Asia to North Europe. FAL 8 will stop calling at Zeebrugge port, last vessel being m/v CSCL ARCTIC OCEAN voy…