Two new shipping services calling at Moín Container Terminal in May
COSTA RICA : Costa Rica welcomed two new shipping services at the Moín Container Terminal (TCM) in May. More specifically, the first call of the Venezuela Line (VEL)
Panama Canal imposes Shipping Restrictions to cope with Worsening Drought
PANAMA : A severe drought affecting the Panama Canal is forcing container vessels to lighten their loads and pay higher fees, with further increases in the cost of
ONE adds Hazira call to AIM Service
SINGAPORE : Ocean Network Express (ONE) announced that AIM weekly service will change its port rotation, by adding Hazira call. The new rotation will take effect as from
MSC charts course for ammonia-powered containership with industry majors
GENEVA : The world’s largest container shipping company Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (Mou) with Lloyd’s Register (LR), Shanghai Merchant Ship Design &
ONE & Wan Hai Lines pay civil penalties worth US$2.65 million
SINGAPORE : Two ocean common carriers- 1) Ocean Network Express Ptd. Ltd. (ONE) and No 2)Wan Hai Lines (USA) Ltd entered into a compromise agreement with the FMC
ZIM announces investment in Spinframe
HAIFA : ZIM Integrated Shipping Services Ltd, along with other investors, announced the initial closing of an $8 million financing round in Spinframe. ZIM led this investment as part of
MSC containership fleet to hit 5m teu capacity this month
GENEVA : MSC is set to be the first container line to have fleet of 5 million TEUs in capacity later this month according to analyst Alphaliner. MSC
A.P. Moller – Maersk announces ‘Al Maha’ Ocean Service connecting the Middle East and West Afr
DUBAI : A.P. Moller – Maersk (Maersk) announced ocean shipping service, ‘Al Maha’, that will commence its rotation in June 2023. The ‘Al Maha’ service will rotate between the
Joerg Sonne appointed Senior Managing Director of Hapag-Lioys’s North Europe Region
HAMBURG : Mr. Joerg Sonne will become Senior Managing Director of Hapag-Lloyd’s North Europe Region, succeeding Martin Rolf, who will take over the position of Managing Director Human
Aramex and AD Ports Group form JV to develop new NVOCC Enterprise
ABU DHABI : Aramex, the Middle East’s biggest listed courier company, has signed an agreement with Abu Dhabi Ports Group to set up a joint venture to serve the freight forwarding