Following the sale of Hamburg Süd to Maerskfor $4 billion, VesslesValue senior analyst William Bennett has compiled a report on the top consolidated container fleets. Currently these top five fleets are worth $33.4 billion and account for 33 percent of the entire container fleet…
Maritime and logistics service provider Inchcape Shipping Services (ISS) said it has won an additional contract with Stolt-Nielsen for port agency in South Africa.Under the new agency agreement, ISS South Africa is handling the port calls of Stolt Tankers at Durban…
APL launched a new weekly service with direct connection between New Zealand and North Asian ports: the New Zealand Express II (NZ2) service.“APL introduced the new NZ2 service to serve the China-New Zealand market in a direct and more efficient way…
Forecasts and route planning tools from GAC-SMHI Weather Solutions are playing a key role in a European Union initiative to promote safer and more efficient shipping.The Sea Traffic Management (STM) Validation Project, developed by a European…
Barry Parker dissects one the most disruptive events ever to impact the intermodal supply chain. There is more pain to come, lessons to be learned – and corrections applied. The Hanjin Shipping debacle, brewing over time and seeing a full blown eruption in late August…
The British Ports Association (BPA) has established a new Human Resources and Employment Network which met for the first time last week in London. The group has identified some key areas on which it will focus. The initial meeting brought together…
Dachser USA Air & Sea Logistics announced that shippers looking for direct access to China can now take advantage of a new weekly LCL service to Shanghai. The LCL (less-than-container-load) service offering provides a solution covering…
Four new Super Post Panamax ship-to-shore cranes arrived at Garden City Terminal yesterday, bringing the Port of Savannah's total to 26, more than any other terminal in the U.S. 'For customers, it means the capacity to move up to a thousand…
The cost of operating cargo ships has fallen for two successive years but is forecast to rise in 2017 and beyond, according to the latest Ship Operating Costs Annual Review and Forecast 2016/17 report published by global shipping consultancy Drewry…
DNV GL has recognized that the heavy lift specialist HANSA HEAVY LIFT complies with the highest standards of energy efficiency and has awarded the company the ISO 50001 certificate. The hand-over took place in the HANSA HEAVY LIFT premises in Hamburg last week…
Advent International has agreed to acquire a majority ownership interest in marine and offshore vessel management and support services provider V.Group Ltd. from OMERS Private Equity (OPE). V.Group’s management team will retain a minority stake in the company…
NYK has signed a joint-venture agreement with Vietnam Ocean Shipping Agency Corporation (VOSA) to establish NYK Auto Logistics (Vietnam) (NALV), a logistics company for finished cars. On December 2, a signing ceremony was held at the NYK head office in Tokyo and attended by Vu Xuan Trung…
GAC Dubai has broken ground on the site of its newest contract logistics facility that will bring its total capacity to more than 200,000 pallet positions serving customers active in the local and regional markets.Construction of the three…
Brand owners and representatives from the international shipping industry have joined forces in signing an historic declaration of intent aimed at preventing the maritime transport of counterfeit goods.Leaders from global shipping firms…
Continuing its longtime commitment to eco-friendly practices, Crowley’s Puerto Rico liner services group has joined the SmartWay Transport Partnership, an innovative collaboration between the U.S. Environmental Protection Agency (EPA) and industry…
