Demonstration Aboard the Maersk Taurus Containership.Belco Technologies Corporation (BELCO), a wholly owned subsidiary of DuPont, headquartered in Parsippany, N.J., USA, has reached an agreement with A.P. Moller – Maersk, headquartered in Copenhagen…
On Friday, September 16, 2011, Hamburg Süd christened the container ship Santa Catarina in Itapoá (Brazil) as part of a customer event. Sponsor of the Santa Catarina was Elisabeth Meves, wife of the former Chairman of the Executive Board of Hamburg Süd…
Company Makes $7.0 Million Semi-Annual Interest Payment on 4.25% Convertible Notes within Grace Period. Refinancing of Company's Capital Structure on Schedule.Horizon Lines, Inc. (NYSE: HRZ) today announced that it has closed on a bridge loan facility of up to $25…
PARTNERSHIP FORMS AN ALLIANCE OF COOPERATION TO PROMOTE ECONOMIC GROWTH.In what is touted to be another one of a series of new agreements with U.S. ports, the Panama Canal Authority (ACP) and Port Freeport in Texas established a strategic…
CMA CGM improves the US East Coast port coverage of its CAGEMA service.The CMA CGM Group is pleased to announce the reshuffling of its CAGEMA Main Liner service, linking the United States East Coast and the Caribbean, effective 9th September 2011…
Reefer market dynamics continue to change. Drewry Maritime Research have just published their latest Reefer Shipping Market Annual Review and Forecast 2011/12, analysing the industries make-up including; leading operators’ profiles and fleets…
Crowley Successfully Completes Rapid Response for Emergency Aid to Bahamas Following Hurricane Irene. As one of the warehouses contracted by the U.S. Agency for International Administration (USAID) to provide pre- and post-disaster relief commodity storage services for the United States…
Cubic Global Tracking Solutions Supports DoD With Generation II Satellite Enabled Tracking & Intrusion Detection Devices. Container Tracking & Monitoring Solution Provides Logistics Intelligence and Intrusion Detection. Cubic Global Tracking Solutions…
GL’s fleet in service passed the historic mark of 100 million GT. Over 7,200 vessels are under the regular technical supervision of GL. The fleet doubled within the past six years.The ship which saw GL break the 100 million mark was shipping company Hamburg Süd's 85…
In the first half of 2011, seaborne container traffic between Hamburg and Poland experienced a particular surge by 38 per cent, to 114,000 TEU. In this context, imports and exports from/to Poland are very well balanced at 56,000 TEU and 58…
The 9,178 TEU MSC Chicago has become the latest vessel to take advantage of the newly deepened and widened port entrance channel in the Port of Durban, one of Africa’s busiest and largest multi-service ports. The ship is now also the biggest to date to sail into South African waters…
According to a report on Bloomberg, the container-shipping industry is dealing with the longest stretch of near-zero rates in its half-century history on the Asia-to-Europe route, a double whammy of stagnate global economy and a capacity glut…
Philippine school made from APL cargo containers inauguratedSomewhere, Malcom McLean, 'the father of containerization,' is smiling.Yesterday the NOL Group, the Singapore-based container shipping and logistics company, celebrated with the…
Containership orders are increasing at a dramatic rate, analysis from Braemar’s Seascope’s research division has revealed.Figures show that since the beginning of this year 52 containerships of 10,000TEU or larger have been ordered – compared…
MOL Earns Commendation from Cambodian Government for Role in Transport of Medical Vehicles and Equipment. TOKYO—Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced that it has received a commendation from the government…