Indian Government is planning to establish low-cost Non-Major Ports along coastline under the Sagarmala project in an effort to boost coastal shipping and reduce wait times. Currently due to the concerns over lack of berthing facilities…
Press Release - The United Kingdom Hydrographic Office (UKHO) will host ECDIS seminars at INMEX SMM Conference and Exhibition in Mumbai, India.The UKHO’s ‘Living with ECDIS’ Seminars will be held on each of the three days of INMEX SMM, are…
APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11 container terminals with an annual throughput capacity of 4…
APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11…
Maersk Line, the container shipping unit in the A.P. Moller-Maersk group in Copenhagen, says it will cut about 16% of its capacity on the West Central Asia-Europe trade lane. 'In our continuous effort to provide our customers with an attractive…
The UK chamber of shipping has launched 'The Bribery Act 2010; Practical Guidance for the Shipping Industry”. The guidelines will be launched at an event for members and shipping industry professionals as part of London international shipping week…
The Danish shipping company Maersk Line informed its customers that it will introduce a new code of surcharge controlled atmosphere (SatarCare) to containers with refrigerated goods, from next September 15. This surcharge, according to the shipping company…
Gujarat Pipavav Port Ltd (APM Terminals Pipavav) announced the successful berthing of the largest container vessel with capacity of approximately 9,971 TEUs in the history of the port. Maersk Saltoro is the largest container ship (981 feet long) ever to call at APM Terminals…
Chinese domestic container carrier Nan Tsing Container Lines has ceased operations of its entire shipping fleet as it struggled with mounting debts, says local media. This leaves more than 40 containerships operated by the shipping lines have been detained at several major ports in China…
In its latest weekly report, London-based shipbroker Gibson noted on China that “certainly, Chinese manufacturers have lost their appetite for commodities which has impacted heavily on demand for coal, iron ore and copper with an obvious impact on the dry cargo market…
Capesize - With the Chinese away from there desks during the final part of the week, conditions slowed down considerably with rumors of fixing out of West Australia already showing softer numbers. Nevertheless, the Pacific basin was still…
Silverstream Technologies, pioneers of air lubrication technology for the shipping industry, today announced the appointment of Stephen Potts as its new Head of Supply Chain. The development is based on the company’s strategy to further…
The Government of Swaziland, despite being entirely landlocked, has backed a plan to build a channel to the Indian Ocean, the latest in the 21st century’s epic round of global canal construction. Officials in Swaziland has confirmed…
United Arab Shipping Company (UASC) has launched two new West Africa services, WAF2 and WAF3, to enhance schedule reliability and cater to growing demand. The new services, effective September 2015, will operate in addition to UASC’s existing WAF1 service…
CMA CGM and Ocean Three partners announced optimization on Asia-Europe routes, which aims to reduce capacity and to improve the rates efficiency. The Ocean Three Alliance have decided to harmonize FAL2 and FAL3 in order to adapt to the current market situation between Asia and Europe…