CMA CGM strengthens its historical presence on the Mediterranean market by connecting France, Spain, Turkey, Lebanon, Egypt, Malta and Algeria direct. CMA CGM offers a direct connection between East Med and West Med. CMA CGM has announced…
US-based XVELA, creators of a cloud-based vessel stowage and collaboration platform for ocean carriers and terminal operators, has announced that a wave of new terminal operators and shipping lines have signed on for pilot programs to put the XVELA platform to the test…
APM Terminals (APMT) is continuing with its new deep-water semi-automated Lázaro Cárdenas Terminal 2 (TEC2) project, which represents an overall investment of US$900 million, despite the slow Latin American economic growth, and sluggish global container shipping growth rate…
With around 80 per cent of global trade by volume and over 70 per cent of global trade by value carried by sea, and with these shares being even higher in the case of most developing countries, maritime transport, including liner shipping,…
Maersk Line wins Container Operator of the Year The Company also gets the award for Best Container Shipping Line of the Year in the category North India - Africa Trade Lane at the Northern India Multimodal Logistics Awards 2016 Mumbai…
Moody's Investors Service has changed its outlook on the global shipping sector to negative as it expects supply growth to outpace demand growth in 2016 by more than 2 percent, suppressing freight rates, particularly in the dry bulk and containership segments…
Cypriot president Nicos Anastasiades has expressed his government’s determination to protect and further develop the shipping sector as per report in Financial Mirror. “Over the past decades Cyprus has built up an exceptional maritime infrastructure and high level of expertise…
Press release - On 11 March 2015, a reception took place in Limassol (Cyprus) to mark the 25th anniversary of Sovcomflot’s technical management subsidiary SCF Unicom. Unicom was established in 1991, in Cyprus, to allow global charterers…
The regional government of the northern Spanish region of Aragon and the Chinese city of Yiwu signed an agreement to maximize the benefits of the Yixinou freight train, which links the Chinese city and Madrid, the capital of Spain, reports Xinhua…
Yang Ming Marine Transport Corp. (YM) inked a partnership agreement with Thailand’s Regional Container Lines (RCL) Group aimed at pooling the companies’ resources to weather a persisting downturn in the sector, according to a report in Taipei Times…
China Cosco Holdings has appointed Deng Huangjun as its new chief financial officer, after his predecessor Tang Runjiang resigned. Deng, 53, is also a director and deputy managing director at Cosco Pacific. Tang Runjiang has resigned…
GTT Training, subsidiary of Gaztransport and Technigaz (GTT), has announced that it has received a contract to supply its G-Sim LNG simulator software to L-3 DPA Inc. and Chevron. The contract involves the development of a new LNG Carrier…
Tokyo-based shipping line NYK Group (Nippon Yusen Kaisha) has decided to establish a new company, Symphony Creative Solutions (SCS) in Singapore, to develop and market new solutions in the shipping and logistics fields.NYK, along with its subsidiaries…
Thomas Dantin Joins Baker Lyman as Chief Consultant for Towing Safety Management Systems.Baker Lyman has announced the association of chief consultant Thomas Dantin, well-versed in the towing and maritime industry. “Thomas has spent 40 years…
In recent years, fishing communities in North West Europe have reaped numerous benefits from the rise of offshore wind – fishing vessels and their crews have been regularly employed for the transfer of technicians and equipment to wind farms off the coast…
