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…
DP World will partner with a Canadian pension fund in a $3.7 billion investment vehicle that primarily looks at brownfield projects in investment-graded countries, says Drewry Maritime Equity Research. The terminal operator will retain operational control of the fund with 55 percent stake…
A formula for success – in good times and bad: Harvey Gulf International Marine hasn’t deviated from its long term plans and goals, even as the price of oil negatively impacts all sectors. Apparently, this isn’t rocket science. According to Dr…
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…
United European Car Carriers (UECC), daughter company of Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, signed a contract in 2014 for the construction of two dual fuel LNG Pure Car and Truck Carriers. The first vessel, de ms AUTO ECO…
Lloyd’s Register (LR), a global engineering, technical and business services organization has added to its portfolio of advanced data, digital and software solutions with the acquisition of Seasafe Marine Software & Computation (Seasafe).An unexpected incident…
Officers and crewmembers of the Crowley Maritime Corp.-managed cargo ship M/V Ocean Glory were recently honored with a 2016 Admiral of the Ocean Sea (AOTOS) Mariners’ Plaque for demonstrating heroism at sea during the United Seamen’s Service’s (USS) annual AOTOS awards ceremony in New York…
Maritime lawyer Dr. Frank Lawrence Wiswall Junior, former Chair of the International Maritime Organization (IMO) Legal Committee and Vice President (Honoris Causa) of the Comité Maritime International (CMI), has received the International Maritime…
Liverpool's new container terminal expects to ramp up transatlantic shipping as British companies look to deepen business ties despite concerns that the U.S. election of Donald Trump could hinder free trade, the port operator's chief said.Private…
The UK P&I Club has appointed George Devereese as Loss Prevention Advisor in London.Devereese joins from Edge Brokers London where he handled a wide variety of marine claims. He has over a decade of insurance and shipping experience, including service with a container line and Royal Navy.
