New massive 24K TEU MSC Loreto sets sail from Yangzijiang Shipbuilding
BEIJING : World’s largest containerships global fleet has expanded once again, with the addition of another 24K TEU vessel, MSC Loreto. The vessel was built by Yangzi Xinfu
Hapag-Lloyd successfully concluded share acquisition in J M Baxi Ports & Logistics Limited
MUMBAI : Hapag-Lloyd on Wednesday successfully completed its acquisition of 40% shareholding in the J M Baxi Ports & Logistics Limited (JMBPL) previously approved by the relevant antitrust
ClassNK releases “Guidelines for Additional Fire-fighting Measures for Container Carrier”
TOKYO : ClassNK has released “Guidelines for Additional Fire-fighting Measures for Container Carrier”, which specify requirements for indicating additional fire safety measures on container carriers as a class
CMA CGM offers to buy Bollore Logistics for $5.5 billion
MARSEILLE : CMA CGM SA has entered exclusive talks to buy Bollore SE’s logistics arm for an enterprise value of €5 billion ($5.5 billion), in a sign shipping
PIL : Successful delivery of ISO tank containers from Nansha to Port Kuching
SINGAPORE : Testament to its operational efficiencies and capabilities, PIL has successfully delivered a special cargo of two ISO tank containers with TSD racks from Nansha, China to
AD Ports celebrates launch of new Khalifa-Kuwait shipping route
ABU DHABI : Container vessel SAFEEN Pride has arrived at Shuwaikh Port in Kuwait, marking the launch of AD Ports Group’s new weekly container and Ro-Ro service between
Nippon Express in talks to buy Logistics firm Cargo-Partner
TOKYO : Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said. The parties are negotiating terms of a
Container spot rates on a ‘likely recovery path’: HSBC
LONDON : Spot container freight rates have stabilised and HSBC Global Research notes sign of a recovery in its latest report. n its Global Freight Monitor HSBC noted
Container xChange : Box lines step up calls to Indian subcontinent and Middle East amid manufacturin
Shipping lines have been creating services in the Indian sub-continent and the Middle East as these regions are now creating hubs for manufacturers, and there is the infrastructure
The Singapore tanker Success-9 with its crew found safe off West Africa
The Singapore-registered tanker Success-9 boarded by pirates in the Gulf of Guinea has been found five days after it went missing and all the crew are safe. The