Cyprus has announced the names of successful bidders who will undertake three sectors of operations at the eastern Mediterranean island's primary port of Limassol. The first – comprising Germany’s logistics company EuroGate International…
CMA CGM has announced the strengthening of its current MIDAS service by cooperating with PIL under a new Vessel Sharing Agreement. A fleet of 11 vessels of 3,500 TEU nominal capacity will be deployed, and CMA CGM will contribute to the majority with 9 vessels…
Bronka Container Terminal is the biggest in the Baltic Sea, and has already accepted a call from CMA CGM, and is due another from the French liner in March of this year. According to a report in Reuters, the new deepwater port in Saint…
Hapag-Lloyd will restructure and further enhance the dedicated West Africa Service Network, the company said in its press release. Effective mid of March 2016, existing weekly West Africa Express Service (WAX) will be upgraded by deploying an additional vessel…
Transport Malta, the Authority responsible for the Malta Ship Register, through its Merchant Shipping Directorate, reports a strong and positive performance for 2015. The Maltese Register of Shipping saw an increase of almost 8.3 million gross tonnage in 2015…
The Port of Felixstowe welcomed 105 calls last year by container ships of over 18,000 TEU, including all the largest container ships in the world. It is now firmly established as the UK port of call for these giants of the sea. The year…
The world's biggest container shipping line Maersk Line by capacity estimates up to a 15% increase in container volumes from Asia to the rest of the world in early 2016, which could indicate that industry demand is on the rise, despite recent issues with weak demand and swelling overcapacity…
Texas ranks third among all states for domestic maritime jobs with Houston ranked second among all U.S. cities for its contribution to the U.S. maritime industry, according to a new study PricewaterhouseCoopers (PwC) for the Transportation Institute…
DP World signed two major contracts for civil construction work at its new Container Terminal 4 on a reclaimed island in Jebel Ali Port. His Excellency Sultan Ahmed Bin Sulayem, DP World Group Chairman and Chief Executive Officer; Zeyad Baker…
Leif Kristian Weum has been appointed to the position of Managing Director of the Kongsberg Maritime Sales and Service office in Athens, Greece. Kongsberg Maritime Hellas SA is a key Sales & Customer Support office established to serve the significant number of Greek shipping companies…
-40 years of standardization paves way for cost efficient offshore pipeline systems -Growing global energy demand and requirements for additional pipeline capacity are driving the pipeline segment. However, pipeline related innovation is prioritized by only 4% of senior oil & gas professionals…
CMA CGM acquisition target Neptune Orient Lines (NOL) has made all necessary anti-trust filings and expect that the approvals will come sometime in the middle of 2016. NOL group president and chief executive Ng Yat Chung said NOL, which…
CMA CGM Vice-Chairman Rodolphe Saadé confirmed talks between the French container shipping line and potential partners regarding the future of its alliances, says WSJ. Saadé told the Journal that “we are becoming a larger shipping line…
The German shipping line Hapag-Lloyd posted an operating profit of €366m ($406m) in 2015 compared with a loss of €382m a year earlier. The ocean carrier, which merged with the container arm of Chile’s CSAV in late 2014, reported revenue of $9…
The feud among the scions of late billionaire Evergreen Group founder Chang Yung-fa's family boiled to the surface, reports local Taiwanese media. The struggle between the heirs to Evergreen Group has escalated as the three older brothers…