COSCO, China Shipping Merge Shipbuilding Units
China’s two biggest state-owned shipping companies plan to merge 11 shipbuilding yards into a single entity in one of the industry’s biggest consolidation moves yet, reports Wall Street Journal.
Hanjin, MSC Vessels Collide off Singapore
The container ship Hanjin New York dragged anchor and collided with container carrier MSC Claudia off Singapore, say local media reports. The incident that occurred…
Evergreen Line Expands Adriatic-Israel Service
Evergreen Line is to partner with COSCO in operating a joint Adriatic - Israel (AIS) Service. The new initiative opens up the corridor between North Adriatic ports…
CMA CGM Bags Award for CSR Performance by EcoVadis
For the second consecutive year, CMA CGM has won the “Gold Recognition Level” by EcoVadis a specialist agency in CSR evaluation. This award acknowledges CMA CGM’s…
Singapore Continues to Harmonize LNG Bunkering Standards
To develop the world’s first set of harmonised LNG bunkering standards, a network comprising Antwerp, Rotterdam, Singapore and Zeebrugge, subsequently expanded to include Jacksonville and Norway…
Bimco Publishes Dry Bulk Crisis Report
BIMCO has published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties. The foundation…
APL Increases Port Calls Of Asia Latin America Service
The ocean carrier APL has announced three additional ports of call for the weekly Asia Latin America Service (ALX). Including Callao, Da Chan Bay and Valparaiso…
Cruise Season at Lerwick Ends on New Highs
Lerwick Harbor has logged its best cruise season yet, with the Shetland port setting four new records in 2016 – and three expected to be broken again next year.
NGO Shipbreaking Calls for ‘Polluter Pays’ Principle
The NGO Shipbreaking Platform called today on the European Commission, the European Parliament and Member States to support the introduction of a financial mechanism…
Consolidation, Greater focus on Risk Management and Higher Finance Costs - BIMCO
BIMCO has today published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties. The foundation…
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