European Union antitrust regulators will conditionally clear a deal by Hapag-Lloyd and Compania SudAmericana de Vapores to form the world's fourth-largest container shipping company, two people familiar with the matter said on Friday.The…
WGMA says Lyngso’s retirement effective October 1, 2014. Born and raised in Denmark and finishing his shipping education including maritime law studies in 1972, Niels Lyngso has been a longtime stalwart for WGMA. Arriving in the United States in 1972 as a management trainee for Olsen & Ugelstad…
Horizon Lines, Inc. has announced that the Board of Directors has elected Interim President and Chief Executive Officer Steven L. Rubin to serve as President and Chief Executive Officer on a non-interim basis effective September 1, 2014. Rubin…
Troy Container Line Ltd., one of the largest American-owned NVOCCs, today announced the appointment of Jason Dao as sales representative. Based in the company’s Red Bank, N.J. office, Dao has been charged with further expanding Troy Container…
The Board of Directors of CMA CGM Group, the world’s third largest container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the second quarter of 2014…
The Australian Maritime Safety Authority (AMSA) informs that it has issued a direction to the container ship 'Vega Auriga' (IMO 9347786) that prohibits the ship from using or entering any Australian ports due to repeated breaches relating to seafarer welfare and maintenance of the ship…
During the second quarter, the overall industry reliability has improved. However, Maersk Line is pleased to have improved their performance so that they can continue to lead the industry on reliability. The midyear review of Maersk Line…
A special service was held on August 18, 2014 for the P&O Ferry crew. The shipping container was found with 35 stowaways at Tilbury port.The Norstream crew has received support from seafarers’ charity Apostleship of the Sea (AoS).Wojciech Holub…
Cultivating next generation of leaders from head office and overseas subsidiaries, promoting management skills to drive future innovation.Mitsui O.S.K. Lines, Ltd. (MOL) announced that the company launched a program on August 4 to train…
A container shipping organisation urged companies on Monday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU), corresponding to an increase of 14.2 percent from current levels, from Sept. 1.TSA (Transpacific Stabilization…
The Port of Hamburg continues record performance handling a total of 72.6 million tons (+ 6.6 percent) in the first six months of 2014. Hamburg’s universal port with 50.7 million tons of predominantly container handling achieves a result of 4…
Mitsui O.S.K.Lines,Ltd. (MOL) announced that it supported PH-Japan’s (Peoples’ HOPE Japan’s - PHJ) Myanmar healthcare program to provide free transportation of PH-Japan’s container filled with 2,000 units of digital thermometers and electronic…
FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust (FSL Trust) has generated a profit of $1 million for the 2Q of the 2014 financial year. This profit compares to a $7.2 million loss for the 2Q’s corresponding previous year…
Maritime and Engineering College North West (MECNW), a Mersey Maritime Group company, has been praised in a preliminary report by Ofsted that positions the college as Merseyside’s leading provider of Engineering Apprenticeships. Key clients of the college include Cammell Laird and Peel Ports…
Three major maritime organizations, the Company of Master Mariners of India, the Institute of Chartered Shipbrokers and Shipping Professionals Network-Mumbai teamed up to focus on the recent International Maritime Organization’s (IMO) initiative on container weight verification…
