Dry bulk sector revisits 1980s lows and faces uncertain longer term outlook; with the market near bottom, attention is turning toward the length of the downturn, the effect on asset values and the impact of broader demand side changes. In terms of annual average fleet employment rates…
Mark Delaney has been appointed Managing Director of GAC India, following the retirement of Paul Haegeman who has held the position since September 2004. Delaney, now responsible for overseeing the continued growth of GAC’s shipping and logistics businesses in India…
In a continued effort to provide reliable and quality services in a complex environment, CMA CGM is pleased to introduce its new FAL 8 service rotation linking Asia to North Europe. FAL 8 will stop calling at Zeebrugge port, last vessel being m/v CSCL ARCTIC OCEAN voy…
In anticipation of increased opportunities for inbound consumer goods and outbound industrial commodities, Maersk Line and Mediterranean Shipping Co. have joined forces to operate a new direct all-water container service between the U.S Gulf and Asia…
Members of the G6 Alliance today announced additional void sailings within their Asia-Europe product to adjust to market demand. As the G6 Alliance continues to review its product profile, the Loop 6 service’s further void sailings will start from Week 19 for an additional period of 8 weeks…
MacGregor, part of Cargotec, has received an order to provide loose lashings for five 10,500 TEU Hapag-Lloyd container ships under construction in South Korea by Hyundai Samho Heavy Industries. This order builds on a previous contract, which MacGregor announced in September 2015…
GAC has been confirmed as the official logistics partner for the Abu Dhabi Desert Challenge (ADDC) international cross country rally for the second year running.The repeat partnership will see GAC support rally participants with a portfolio…
Swiss headquartered Mediterranean Shipping Company (MSC) has announced two new services alled the ‘Lone Star Express’ which will operate between Asia and the US Gulf. This new service will become a new Gateway to/from the US Gulf in anticipation of increased demand…
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Samsung Heavy Industries for the transportation of the three topside modules of the riser platform and the topside of the processing platform for the Johan Sverdrup project offshore Norway…
Marcel van Galen has joined global infrastructure market maker CG/LA Infrastructure as Managing Director, Business Development. In addition to bringing sales leadership to CG/LA, van Galen will be responsible for shaping the sales team and optimizing the customer sales experience…
Despite historically low rates carriers are unlikely to be killed off as creditors and governments will step in, says Drewry Shipping Consultants Limited. Recent news stories, backed-up by anecdotal stories told to Drewry, report that carriers…
Port operator APM Terminals to develop a new transshipment terminal in Tangier, Morocco with an annual capacity of five million TEUs. APM Terminals MedPort Tangier will become operational in 2019, serving multiple trades and will be the first automated terminal in Africa…
MSC and INTTRA enter into a new digital partnership to address SOLAS VGM requirements Container shipping company MSC and ocean shipping electronic marketplace INTTRA have entered a new partnership aiming to introduce a customer-friendly solution to new container weight safety regulations…
Austal celebrated the keel-laying milestone for the Expeditionary Fast Transport vessel Yuma (EPF 8) here today with a ceremony marking a significant milestone in the ship’s construction. This ship is the eighth EPF built at Austal under the 10-ship…
Qatar Petroleum (QP) has announced the delivery of the 500th liquefied natural gas (LNG) cargo from QP affiliate Qatar Liquefied Gas Company (2) to the South Hook LNG Terminal at Milford Haven in the United Kingdom. The landmark delivery…
