MOL to establish ‘MOL PLUS’ as Corporate Venture Capital Fund
Mitsui O.S.K. Lines (MOL) on Thursday announced that it has decided to establish its wholly-owned Corporate Venture Capital Fund (CVC) firm called MOL PLUS. MOL PLUS will make
Mawani launches new shipping route from Jeddah port
Saudi Ports Authority (Mawani) has announced the launch of a new shipping service from Jeddah Islamic Port, complementing its strategic partnerships with some of the largest shipping companies
Number-two ocean carrier Msc joins partnership on Hydrogen Fuel
Joining global shipping giants like NYK and CMA CGM, number-two ocean carrier MSC has recently joined the Hydrogen Council. MSC joined as a steering member, vowing to accelerate
CMA CGM strengthens its Customer offer
MARSEILLE: The CMA CGM Group is pursuing its commitment towards its customers by increasing capacities in order to accompany them during these unprecedented times. CMA CGM mobilized to
Harren & Partner adds jack-up vessel Wind Lift I to its fleet and launches SAL Renewables
BREMEN: The offshore renewables sector is about to meet a new contender in the rapidly expanding market for offshore wind. With Harren & Partner’s addition of the versatile
D P World-run Chennai Container Terminal wins first rate hike in 12 years
D P World-run Chennai Container Terminal Pvt Ltd (CCTPL) has won a paltry 1.13 per cent hike in rates, its first in 12 years, from the rate regulator
Container lines question claims of unreasonable rates, poor service
The World Shipping Council (WSC) has pushed back against allegations by two Federal Maritime Commissioners (FMC) that the container lines are not meeting service obligations — particularly to
Gold Star opens northern Vietnam-EC India service
Hong Kong-based intra-Asia carrier Gold Star Line (GSL) has become the second carrier to offer direct connections between northern Vietnam and India’s east coast, attracted by rising Indian
South Korea to launch K-Alliance liner alliance
Five South Korean container shipping companies will team up on Southeast Asia services next year according to a request by the country’s Ministry of Oceans and Fisheries (MOF). HMM,
OOCL announces 2021 product update & enhancements for Middle East/Indian Subcontinent to North
OOCL has announced the following 2021 product update and enhancements for the Middle East/Indian Subcontinent to North Europe and East Mediterranean services, effective from January and February next