German container shipping group Hapag-Lloyd, which is merging with Chile's Compania SudAmericana de Vapores, is in no rush to list its share on the stock exchange, its chief executive said on Wednesday.'A stock market flotation is currently not top priority for us…
Caterpillar Marine is pleased to announce MaK™ diesel electric propulsion (DEP) solutions have been selected to power four Maersk Supply Services (MSS) newbuilds to be constructed by COSCO (Dalian) Shipyards. Each vessel will be equipped with 4x MaK M 32 E generator sets with a power output of 4…
Hapag-Lloyd and the Chilean Compañía Sud Americana de Vapores (CSAV) are joining forces, by merging CSAV´s container business activities into Hapag-Lloyd, becoming the fourth-largest liner shipping company in the world. The corresponding contracts…
Crowley Maritime Corporation’s Puerto Rico liner services group has announced that Ken Orben is being promoted to general manager of terminal operations in Jacksonville, Fla., and Karen Dempsey is being promoted to director of port operations in Pennsauken…
CMA CGM Agent in Munich will be Relocated from Friday, November 28th, 2014, CMA CGM (Deutschland) office in Munich will move to the following address:CMA CGM (Deutschland) GmbHBranch Office MunichOtl-Aicher-Str. 70D-80807 MünchenGERMANYPhone and fax numbers remain unchanged.
United Nations’ International Maritime Organization (IMO) has decided to make it mandatory to weigh loaded containers before they are transported by sea. This will enhance safety and prevent pollution of the marine environment.In the future…
Classification society DNV GL recognised that E.R. Schiffahrt has retrofitted seven ultra large container vessels to meet the highest energy efficiency standards and improve its cargo capacity through the DNV GL Modification Excellence Award…
The race is on in global maritime circles to be the “world’s first” in every aspect of environmental friendliness, particularly in regards to the incorporation of LNG as fuel onboard commercial ships.There was yet another “world first” today…
NYK welcomed about 60 environmental supervisors from 47 NYK Group companies to the group’s annual Environmental Management Conference in Tokyo. NYK holds this conference with NYK Group companies to share information on environmental practices…
The CMA CGM Group has acquired the German shipping company Oldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG (OPDR), CMA CGM founder, chairman and CEO Jacques R. Saadé announced during his visit in Hamburg, Germany on November 25…
DNV GL’s latest Container Ship Forum and Bulk Carrier Forum looked at a broad spectrum of topics including environmental regulations, trends in ship design as well as the new DNV GL rule set. Some 150 representatives from the container and bulk…
The Port of Long Beach expects a “Temporary Empty Container Depot” planned for a vacant pier on Terminal Island to be open and operating in December, which will help to alleviate congestion at the docks.The Long Beach Board of Harbor…
On 21 November 2014, Hamburg Süd laid the foundation stone for the extension to the shipping company’s headquarters in Hamburg. The new building is going up at Willy-Brandt-Straße (WBS) 63 and 65 on the plots adjacent to the traditional Hamburg Süd head office (WBS 59 and 61)…
Ports on the U.S. West Coast are currently suffering from chronic congestion, but are there deeper issues affecting their performance? Drewry’s new report Container Terminal Capacity and Performance Benchmarks compares capacity and performance…
Diana Containerships Inc. reported net income of $1.4 million for the third quarter of 2014, compared to a net loss of $0.7 million for the respective period of 2013. Time charter revenues, net of prepaid charter revenue amortization, were $13 million for the third quarter of 2014…
