The global logistics industry is expected to reach $12 trillion in value by 2025, recording a 6 percent CAGR over the period, says a research report. According to Wiseguyreports, 2015 was a difficult year for global logistics companies. However…
French based CMA CGM Group is one of the world’s largest maritime transport firms. It is also a top company for trainees, a recent survey found.After ranking 11th last year, CMA CGM reached 7th place in the Happy Trainees ranking, which…
The world’s largest containership received a special greeting when it arrived for the first time at Germany’s sole deepwater port. On October 16, EUROGATE welcomed the 21,413 TEU OOCL Germany at its container terminal in Wilhelmshaven, where…
India imported a record 4.83 million barrels per day (bpd) of oil in September as several refiners resumed operations after extensive maintenance to meet rising local fuel demand.The world's third-biggest oil importer shipped in 10 percent…
Two crew members were missing after a barge carrying about 140,000 barrels of crude oil to a refinery caught fire early on Friday in the Aransas Pass Anchorage in Texas, according to a report on the Corpus Christi Caller Times news website.Six other members of the crew were accounted for…
Luxury cruise industry veteran Edie Rodriguez will serve as Americas Brand Chairman and Corporate Special Advisor at French-owned cruise line PONANT.With more than 30 years of experience in the cruise industry, the former Crystal CEO and…
APL has launched a new Korea China Straits (KCS) service to serve the Asian markets of China, Korea, Singapore, Malaysia, Indonesia and the Philippines. The weekly service will link Nansha in South China to the Straits of Singapore and Port Klang as well as Indonesia…
d’Amico International Shipping (DIS) has launched the first three LR1 (long-range) vessels in its history, at the Hyundai Vinashin shipyard in Vietnam, ANSA reported. The company invested USD 131 million in the construction of the three 75…
Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced today that it has agreed to acquire two 2009-built 4,250 TEU container vessels for an aggregate purchase price of $19.75 million. The vessels are…
The first Sustainability Congress was held on Tuesday 10 October with the launch of the fourth Sustainability Report which fully incorporates the 17 Sustainability Development Goals of the United Nations. On this occasion the Port of Antwerp…
Global Ship Lease (GSL), a containership charter owner, announced that it has agreed to a new time charter with CMA CGM for an 8,063 TEU containership, the 2005-built OOCL Tianjin, which will be renamed GSL Tianjin. The vessel will be…
A ground breaking event took place in Alexandria, Egypt (15-19 October) when 30 women from nine Arab countries officially launched The Arab Association for Women in the Maritime Sector (AWIMA). The new network joins the International Maritime…
CMA CGM Group has announced the launch of Mtwara Express in complement to the six current direct East Africa services. The new service, to commence November 1, will serve the upcoming cashew season in Tanzania and meet rising demand, CMA CGM said in a statement…
BP said it will take delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers in 2018 and 2019 to support its expanding global LNG portfolio. BP’s finance partners KMarin and ICBC Leasing are investing more than $1 billion in the tankers…
For years mechanical container spreader frames have been a fixture on jobsites, river ports and any other location that utilizes ISO shipping containers. While container lifting frames are well worth their size and weight in operational cost savings…
