Following a total investment of 800 million USD, operations at APM Terminals MedPort Tangier commenced in 2019. It now celebrates its next major development milestone by kicking off phase-2 of the development, which will add an extra
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 2021. The appointment is both a
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 while the pier at Ambarli Port
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 contract signing ceremony was held at
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 by Jiangnan Shipyard, the vessel forms
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 amortisation (EBITDA) increased to more than
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, SSL Balaji. The scrip extended gains
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 and a fleet of around 80,000
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 and product tankers currently in its
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 Singapore, the company announced recently. SOL