Greek owner of drybulk carriers DryShips Inc. has announced that it is re-entering the tanker shipping market as it agreed to purchase an Aframax tanker and a very large crude carrier (VLCC). DryShips has entered into agreements with unaffiliated third parties to acquire: - One 113…
Containership deliveries changed course in 2016, toppling from the record level of 1.7m TEU in 2015 to reach just 0.9m TEU, having previously increased each year between 2011 and 2015, says a report from Clarkson Research Services. If deliveries…
Spanish dock workers have called nine days of strikes to protest government plans to allow ports to hire non-unionized labor, El Pais newspaper reported on Tuesday, threatening to disrupt trade for up to three weeks from March 6. Dockers…
Eimskip said it will begin calling Helsingborg, Sweden as of May 4 and at the same time cease calling Halmstad. The company’s office in Sweden will also move to the harbor area to be closer to the container terminal and the vessel arrivals…
Jack-Up technology from heavy lifting systems specialist, Enerpac, has been used to successfully cut the time needed for port container crane heightening at Mitsui Engineering and Shipbuilding (MES) in Japan. The stability of the Enerpac JS500…
“K” Line (India) Shipping Private Ltd (KLISP), affiliated company of Kawasaki Kisen Kaisha Ltd., joined Indian National Shipowner’s Association(INSA) at the end of January 2017. KLISP was established in 2014 and actively participates in…
The UK P&I Club announced its renewal results for 2017, which included a year-on-year net increase of 3.5 million entered metric tons of mutual business takes mutual-owned tonnage to approximately 139 million metric tons, an increase of approximately 2…
Hyundai Merchant Marine (HMM) announced that it has entered into a contract with Hanjin Shipping and Marine Terminals Investment Limited (MTIL) to acquire Hanjin Pacific Corporation’s 100% stake in terminals in Tokyo and Kaohsiung.…
In recognition for his leadership in the freight transportation and logistics field and contributions to leadership, mentorship and education of future leaders in private sector freight transportation, the Center for Transportation Studies (CTS) presented its 2017 William K…
A direct weekly service of HMM’s (Hyundai Merchant Marine) ACS Service was flagged off, amid lot of fanfare, from Krishnapatnam Port Container Terminal on the February 17, 2017. Inauguration of the maiden vessel call by “M.V. HYUNDAI PRESTIGE”…
The Cyprus Department of Merchant Shipping has announced the appointment of Christian Bahr as its sales executive in Germany. Based in Hamburg, Bahr will be responsible for communicating the competitive advantages of the Cyprus flag and maritime cluster to the German market…
Offshore managed to deliver all required containers from scratch in only 3 months from project kick-off, including design and development up to turnkey delivery on an offshore converter station in the German North Sea. “To come up with the best suitable container type…
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with SwissMarine Services, Geneva, for one of its Capesize dry bulk vessels, the m/v Houston, for a period…
Gateway Distriparks Ltd. (GDL) today informed that the construction of the first phase its Logistics Park & Container Freight Station (CFS) next to the Krishnapatnam Port Container Terminal has been completed and after receiving all necessary statutory approvals from the Customs Department…
Hyundai Merchant Marine (HMM)’s Asia-USWC market share has risen to 7.5% in January 2017 - a 2.6% increase compared to the same month last year. HMM announced that its Asia-USWC volume in January 2017 has increased by 55.3% year on year…
