United Kingdom-based closed-ended investment company Tufton Oceanic (SHIP) has reached an agreement to acquire a container ship for $28.6m. The new ship will take the company’s fleet size to 15 vessels.The new ship has a time charter of approximately 5…
The Port of Rotterdam has announced that the first paperless and fully door-to-door tracked container, based on blockchain technology, has arrived at the warehouse of Samsung SDS in Tilburg.Last year Dutch bank ABN AMRO collaborated with the…
The South Korean container liner shipping company Hyundai Merchant Marine (HMM) will join THE Alliance as a full member. Through this, the members of THE Alliance have also decided to establish a new cooperation with four members and a term until 2030…
A new report says shipping companies failing to push for the critical technologies required to reduce their carbon footprint, such as emission-free ships.CDP, an international non-profit that drives companies and governments to reduce their greenhouse gas emissions…
Navis, a part of Cargotec Corporation, and the provider of on premise and cloud collaborative stowage planning solutions, announced that Orient Overseas Container Line (OOCL) has chosen the Navis stowage planning software StowMan for effectively stowing vessels in its container ship fleet…
Europe’s second-largest seaport Port of Antwerp is building additional container handling capacity in the Antwerp port area.To cope with further growth until 2030 and also to attract international investment in the future, additional capacity of 7 million containers per year is required…
Containerships, subsidiary of CMA CGM, has taken delivery of its second LNG-powered containership, the Containerships Polar.As the second LNG-powered ship for Containerships and the CMA CGM Group, the Containerships Polar will be phased into…
Port of Bristol, which comprises the commercial, and former commercial, docks situated in and near the city of Bristol in England, announced that its container terminal capacity has been boosted significantly by the completion of a GBP 9 million upgrade…
Evergreen’s container vessel arrived in Rotterdam during its maiden voyage. Ever Glory called at the ECT Delta Zuid terminal at Amazonehaven in Rotterdam around noon on Thursday afternoon 13 June.It is the shipping company’s first vessel in the 20…
Containerized export volume at the Port of Oakland spiked last month, again turning trade war logic on its head.The Port said that exports, primarily to Asia, were up 8.4 percent compared to May 2018 totals. Imports were up, too, climbing 4…
German container shipping major Hapag-Lloyd AG has decided to fully redeem the outstanding EUR 280 million in aggregate principal amount of its outstanding 6.75 percent senior note due 2022 on 24 June 2019 at a fixed redemption price of 103…
The Port of Los Angeles moved 828,662 Twenty-Foot Equivalent Units (TEUs) in May, the busiest May in the Port’s 112-year history. The volumes reflect growth of 7.8 percent compared to last May. For the first five months of 2019, Port volumes have increased 5…
German-based cargo container shipping line Hapag-Lloyd AG's shareholders approved the proposal of the Supervisory Board to re-elect Michael Behrendt to the Supervisory Board as a shareholder representative.After being re-elected to the Supervisory Board and following the AGM…
The CMA CGM Group, a world leader in shipping and logistics, has announced it made its first call at Port Tampa Bay today with the arrival of the 8,469-TEU (Twenty-Foot Equivalent Units) CMA CGM DALILA on the PEX3 service.With the PEX3 service…
Record cargo volumes are moving across The Port of Virginia and doing so with efficiency as a result of expanded container handling capacity at its two primary container terminals.In May, the port processed nearly 261,000 TEUs (twenty-foot equivalent…
