Wan Hai Lines names three new boxships
TAIpeI : Wan Hai Lines hosted ship naming ceremonies for WAN HAI 361, WAN HAI 362, and WAN HAI 366 at Japan Marine United Corporation TSU Shipyard. WAN
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
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
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
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
SAFEEN POWER on her maiden call at Kandla
GANDHIDHAM : Safeen Power with her capacity of 3500 TEUs is the largest UAE INDIA GULF (UIG) service vessel to call Kandla, according to a senior official LinkedIn
Cosco Shipping, CMA CGM and SIPG sign MOU to collaborate on green marine methanol supply
SHANGHAI : On April 6, in the presence of the heads of state of China and France, Chairman of COSCO SHIPPING Mr. Wan Min, Chairman, CEO of CMA
Milaha launches shipping service to Iraq from GCC countries
BAGHDAD : Milaha recently introduced a new direct Upper Gulf Service (UGX) to transport cargo to Umm Qasr in southern Iraq, in order to provide and transfer materials
FESCO’s fleet expanded with container ship of 704 TEU
MOSCOW : FESCO Transportation Group has expanded its fleet with container ship FESCO Anastasia. The flag of the Russian Federation was raised on the ship on 4 April