German container shipping group Hapag-Lloyd swung to a first-half operating profit as it raised transport volumes and freight rates stabilised, but it still posted a net loss after higher ship fuel costs weighed on first quarter earnings. Profit…
Major Qatari shipping conglomerate Qatar Navigation (Milaha) is launching a direct service between Qatar and Karachi in Pakistan, the company said on Sunday, as it seeks to counter economic sanctions against Doha by other Arab States. Saudi Arabia…
Following its move to acquire MERCOSUL from Maersk Line, the CMA CGM group has furthered its development strategy in South America by reshuffling its container shipping services between the East Coast of South America and Europe with North of Europe and the Mediterranean…
Hong Kong-based container shipping company OOCL said it has made progress in its pursuit of higher standards and transparency in Greenhouse Gas (GHG) reporting. According to classification society Lloyd’s Register, OOCL has not only met…
APL said it will add a weekly Asia Latin America Express 3 (AE3-AW3) service connecting China, Hong Kong, Taiwan and other key Asian markets to Mexico and the West Coast South America. “The Asia Latin America Express 3 service further enhances our Asia-Latin America service coverage…
OOCL celebrated the christening of Hull H2173, a 21,413 TEU newbuilding constructed at the Samsung Heavy Industries shipyard on Geoje Island. Named as OOCL Germany, this mega containership is the second of the six 21 thousand TEU class…
Kalmar, part of Cargotec, continues its long-term cooperation with DP World Australia, the country's largest stevedore, with orders of 38 new machines for its new logistics arm, DP World Logistics Australia. The orders include 7 Kalmar reachstackers…
Seaspan Corporation said it has accepted delivery of the MSC Shuba B, an 11,000 TEU containership that will commence a 17-year fixed-rate bareboat charter with Mediterranean Shipping Company S.A. (MSC). Upon completion of the bareboat charter period…
Grindrod, the South Africa-listed freight logistics and shipping services firm, is planning to separate and list its shipping business in order to unlock its value, the company said on Wednesday. Grindrod, which also has a financial services business…
French shipping group CMA CGM plans to build nine of the world's largest container ships at two Chinese shipyards, the China Daily newspaper reported on Wednesday. Shanghai Waigaoqiao Shipbuilding Co confirmed that it and its sister yard Hudong-Zhonghua Shipbuilding (Group) Co…
The Panama Canal today welcomed the largest capacity vessel to ever transit the Expanded Locks, the Neopanamax containership CMA CGM Theodore Roosevelt, which began its voyage from Asia, will be making stops along the U.S. East Coast. The ship has a total TEU allowance (TTA) of 14…
Qatar Navigation (Milaha), the Doha-based maritime and logistics group, has launched a direct shipping service between Qatar and Turkey amid a regional diplomatic crisis that has cut Doha cut off from three of its closest neighbours. Saudi Arabia…
The joint venture between Pivotal LNG and Northstar Midstream, JAX LNG, LLC, has received a Letter of Acceptance (LOA) from the U.S. Coast Guard (USCG) for the operation of its waterfront LNG facility and the approval to conduct ship-to-ship…
The Dutch logistics service provider Kloosterboer and Liebherr Maritime Cranes mark their 20 years of partnership with a port equipment order comprising a new mobile harbor crane and a new reachstacker. Kloosterboer, founded in 1925, provides…
Teams scale digital pilot, adding terminals and shipping lines throughout Port to help goods move more efficiently through America’s largest container port Less than a year since launching a first-of-its kind digital solution to keep cargo…