The Cargo Shipping Market is estimated to gain momentum after fiscal year 2018 after years of sluggish growth. Cargo Shipping Market is projected to reach 12.52 Billion Tons at CAGR of 3.5% from 2016 to 2021. According to report Cargo Shipping Market - Global Trends and Forecast to 2021…
Elektrans Shipping, part of the Elektrans Group have selected and are now implementing the Web based integrated fleet management system, Marine Asset Management System (MAMS). The system, offered by global SDSD Group, a well-known reputable maritime software provider since 1983…
Thailand-based Thoresen Thai Agencies (TTA) has disposed of all its holdings in affiliated ship agency Thoresen Shipping and Logistics Ltd (TSL). TTA said in an exchange filing that it had disposed of around 240,000 TSL shares to Thailand-based Naxco Shipping and Logistics…
The port of Antwerp handled a freight volume of 108,317,922 tonnes in the first six months of this year, 3.6% more than in the same period last year. The container volume in TEU expanded by 4.4% while liquid bulk grew even more, by 8.4%, confirming…
2015 saw further growth in total Group entered tonnage, which increased from 1,047 billion GT as at August 2014 to 1,088 billion GT as at August 2015, says annual review of International Group P&I Clubs (IGP&I) published by Gard on July 14…
Maersk Line is upgrading its ‘Triple Star’ service by launching direct, weekly northbound connections between New Zealand and North East Asian ports. 'We are optimising our ‘Triple Star’ service with the launch of direct, weekly connections between New Zealand and North East Asian ports…
The role of shipping and ports as part of an integrated transport system was on the agenda at the Asia Europe Meeting (ASEM) Eurasia Expert Group Meeting on Transport and Logistics in Seoul, Republic of Korea (11-13 July). During the session on facilitation…
In a continued effort to provide increased reliability and quality service in a challenging environment, CMA CGM Group is strengthening its coverage of Europe to West Africa with the addition of the direct call in Cameroon on its EURAF 5 service…
Panama and Cuba, both in the midst of growth and international expansion, are examples of two different economic models that are helping to attract foreign companies through government initiatives providing investor security. Seeking to…
Jan De Nul Group signed a contract with Dong Energy from Denmark for the transport and installation of 36 monopiles and transition pieces for the offshore wind farm Borkum Riffgrund 2 in German territorial waters. Additionally, the Group was also awarded the supply…
Through its long-standing relationship with GAC worldwide, Pacific Drilling has appointed GAC North America – Logistics to provide centralized warehousing and distribution services to its two offshore rigs in the U.S. Gulf of Mexico.A portion of GAC’s 181…
Driven by strong imports, The Port of Virginia handled 216,672 twenty-foot equivalent units (TEUs) in its strongest June cargo performance on record that helped to push the port to a solid finish for fiscal year 2016.“We finished fiscal year 2016 in positive territory…
Cosco has decided to transfer its containers to the port of Koper in Slovenia from Piraeus in order to deal with the Greek railway strikes. Cosco has got around the problem created for its freight forwarding network by Greek railway workers’…
Hapag-Lloyd remains the market leader among liner shipping companies in Canada. In the past year, the shipping company saw its market share increase to over 18%. Hapag-Lloyd is the largest liner shipping company in terms of throughput…
PRESS RELEASE -- Currently, the HISYAM 6 - a 41 meter long and 8 meter wide operational transport vessel – is being deployed in the Straits of Malacca located between the Malaysian peninsular and the Indonesian island of Sumatra.However, in order to get there…
