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CMA CGM Says It's Ready for More M&A Deals

Sep 06, 2018

France's CMA CGM, one of the world's largest container-shipping lines, remains interested in seeking acquisitions despite bringing to an end its interest in German peer Hapag-Lloyd, its chief executive said on Thursday.'The shipping sector is…

Hapag-Lloyd is 'Excellence Green Star' in Ship Recycling

Sep 05, 2018

Container shipping line Hapag-Lloyd is the first company to receive the “DNV GL Excellence Green Star” certificate in recognition of its compliance with the highest standards in ship recycling.Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime, presented the certificate to Hapag-Lloyd COO Anthony J…

Somalian Maritime Administration to be Fully Operational Soon

Sep 05, 2018

Somalia’s Department of Maritime Administration is planned to become fully operational by the end of the year, enabling the country to discharge its flag, port and coastal responsibilities effectively in line with International Maritime Organization (IMO) instruments…

ESPO Calls for Strengthening Maritime Connectivity at EU Ports

Sep 05, 2018

The investment needs of European ports over the next ten years amount to 48 billion EUR. Many port investments score high in creating societal value but the return on investment for the investor, the port managing body, is often low and slow…

OOCL Bags 2018 Singapore Environmental Achievement Award

Sep 05, 2018

Orient Overseas Container Line (OOCL) has received the 2018 Singapore Environmental Achievement Award (Regional) at a ceremony held by the Singapore Environment Council’s (SEC) recently.The SEAA (Regional) Award category recognizes local or…

China Tops Leading Maritime Nations of the World: Menon Economics

Sep 05, 2018

The 2018 report on the “Leading Maritime Nations of the World” ranks China as the world’s leading maritime nation, placed among the top four on all the maritime pillars in the ranking. China’s position is particularly strong in shipping and ports & logistics…

Sea Machines Moves to Larger, Waterfront Location in Germany

Sep 05, 2018

U.S. based Sea Machines announced that it has moved its team in Hamburg, Germany to a larger waterfront work space in the Hammerbrook area.The company said the move supports growing in interest in its autonomous controls and advanced perception…

Transmar Eyes Growth from Adabiya Port

Sep 05, 2018

Egyptian container shipping line Transmar said it has leveraged the Port of Adabiya in an effort to strengthen its presence across Middle East and East African routes.With a growing interest in container services and a recovery in the Egyptian economy…

Danelec Marine Aims to Accelerate IoT Revolution

Sep 05, 2018

The Internet of Things (IoT) Revolution is making inroads into the global shipping industry, and Danelec Marine plans to play a central role in accelerating that process by removing one of the major barriers to entry.“The critical element in any IoT system is the availability of timely…

U.S. Gulf Coast Ports Being Inspected After Storm Gordon

Sep 05, 2018

Energy companies and port operators along the U.S. Gulf Coast were taking steps on Wednesday to resume operations after Tropical Storm Gordon shut 9 percent of the region's oil and gas output.Coast Guard inspectors were flying over ports in Mississippi and Alabama to inspect the facilities…

CMA CGM Launches New Reefer Tech

Sep 05, 2018

Shipping group CMA CGM has launched an advanced technology for the transportation of highly sensitive fruits and vegetables by active controlled atmosphere.CLIMACTIVE, unveiled at the 2018 edition of the Asia Fruit Logistica fair, is the latest…

China to Slash Ship Emissions in Ports Earlier than Expected

Sep 05, 2018

Major ports around the Yangtze River Delta will impose tighter rules on emissions from vessels in and around the ports starting on Oct. 1, a newspaper run by China's Ministry of Transport said in a report.The ports affected are Shanghai, the world's biggest container port…

Ethiopian Cargo Ship Docks in Eritrea, First in 2 Decades

Sep 05, 2018

An Ethiopian commercial ship docked in an Eritrean port for the first time in two decades on Wednesday, state-affiliated Ethiopian broadcaster Fana Broadcasting said, in the latest sign of rapprochement between the two countries.The Mekelle…

Great Lakes Limestone Trade Steady In August

Sep 05, 2018

Shipments of limestone on the Great Lakes totaled nearly 4 million tons in August, a near carbon copy of both a year ago and July of this year, The Lake Carriers’ Association reports. The 3,941,085 tons of limestone cargos in August also bettered the month’s five-year average by 5…

Samsung Heavy Industries Bags Shuttle Tanker Order from AET

Sep 04, 2018

South Korean shipbuilder Samsun Heavy Industries (SHI) revealed that it has won another 152,700 DWT suezmax-sized shuttle tanker from Singapore's AET.This is another order from the shipowner who ordered a quartet to SHI in May 2018. The price…

Logistics News

MPA and NYK Collaborate on Autonomous Ship Technology

MPA and NYK Collaborate on Autonomous Ship Technology

Trump Hobbles NOAA Team That Reopens Ports After Hurricanes

Trump Hobbles NOAA Team That Reopens Ports After Hurricanes

Singapore and France Partner on Bio-LNG

Singapore and France Partner on Bio-LNG

FEMA Staff Concerned by Head’s Comments

FEMA Staff Concerned by Head’s Comments

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China shows Pacific nations its coast guard capabilities, and moves towards patrolling the high seas
India pledges to continue development in Kashmir following tourist attack
The container shipping rate surge fueled by tariffs is peaking