Maersk appoints Navneet Kapoor, CTIO to its Executive Board
The Board of Directors of A.P. Moller – Maersk has appointed Chief Technology & Information Officer (CTIO) Navneet Kapoor to its Executive Board with effect from 1 April
MSC ship suffers severe gash while berthing in Turkey
ISTANBUL : The 19,224 TEUs MSC Tina suffered a nasty allision with a pier in Turkey on Saturday. The 398.5m long ship has a sizeable gash along its port side
Wan Hai Lines Confirmed Orders For 5 New Container Vessels
TAIPEI : As part of the company’s fleet improvement plan, Wan Hai Lines has confirmed an order of 5 new container vessels with HHI (Hyundai Heavy Industries). The
CSSC delivers 6th LNG-powered giant to CMA CGM
JIANGNAN : China State Shipbuilding Corporation (CSSC) has named and delivered CMA CGM Montmartre, the 6th LNG-powered 23,000 TEU containership, to the French liner company CMA CGM. Built
Hapag-Lloyd publishes annual report and confirms significant earnings growth for 2020
HAMBURG : Hapag-Lloyd published its annual report with audited business results for the 2020 financial year today. In the reporting year, Hapag-Lloyd’s earnings before interest, taxes, depreciation and
Shreyas Shipping gains on signing memorandum for sale of container vessel
MUMBAI : Shreyas Shipping & Logistics rose 1.26% to Rs 84.40 after the company signed a memorandum of agreement (MoA) for sale of one of its container vessel,
Hapag-Lloyd acquires NileDutch to expand Africa service
HAMBURG : German line Hapag-Lloyd has strengthened its position in the African market having sealed an agreement to acquire Dutch container shipping company NileDutch. With 10 liner services
Seven Islands Shipping eyes gas carrier and boxship entries
Fast-growing Seven Islands Shipping (SISL) is looking to diversify from its tanker origins into gas carriers and boxships. The Indian line, controlled by Prem Watsa, has 20 crude
Straits Orient Lines Singapore acquires two Container Vessels
SINGAPORE: The Straits Orient Lines Singapore, part of Transworld Group Singapore, has taken delivery of its next Container vessel named M.V SOL PROMISE on 4th March 2021 at
Ocean Network Express launches ‘ONE QUOTE’
Ocean Network Express (“ONE”) has launched a digital quotation platform “ONE QUOTE”, which is now available within ONE’s eCommerce website. Through “ONE QUOTE”, customers can receive an instant