Shipping News
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Shipping Lines : MSC Strengthens its Commitment to Thailand with New Products
At the helm of its operations in Thailand is Mr. Peter Blohm, Managing Director, MSC Mediterranean Shipping (Thailand) Co., Ltd. A dedicated leader who has offered 20 years of service to the company, Mr. Blohm is unwaveringly providing his expertise for the company Unfazed by what many may think of…
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Shipping Line : Maersk launches its cold store in St. Petersburg (Russia)
The largest cold store in St. Petersburg, whose construction commenced in June 2019 is now operational. The 3-chamber warehouse operated by Maersk offers specialized solutions extending the life cycle of perishable goods. St. Petersburg, Russia — After only 9 months after the construction began in June 2019, the chilled capabilities…
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Shipping Lines : MSC EXTENDS ITS SOT PROGRAMME GLOBALLY
As recently announced, MSC launched a “Suspension of Transit” (SOT) programme which uses some of the world’s leading transshipment hubs as advance storage posts to help shippers begin moving goods early in anticipation of a resumption in demand, in an efficient and cost-effective way. The SOT programme is proving to…
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Breaking News : Coseco ,Tesla , SIPG, testes a Pilot project to application of blockchain
Software firm CargoSmart, in partnership with Cosco, Shanghai International Port Group (SIPG), and Tesla recently conducted a pilot project to test a new application that could transform the cargo release process via blockchain technology. Blockchain Technology to Help Change the Cargo Industry Making waves across myriad industries courtesy of its…
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Breaking News : 23 billion USD losse for container carriers owing to coronavirus pandemic
Blanking of sailings triggered by the demand drop from the coronavirus pandemic could result in a USD 23 billion collective loss for container carriers in the worst-case scenario, Copenhagen-based consultancy Sea-Intelligence predicts. This scenario is based on the freight rates decline experienced by carriers in 2009 and is being made…
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Shipping Lines : CMA CGM completes a first transaction the sale of eight port
The CMA CGM Group, a world leader in shipping and logistics, announces today the first closing of its agreement with China Merchants Port (CMP), with the sale of its stakes in eight port terminals to Terminal Link. Terminal Link joint venture was created in 2013 and is 51% owned by…
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Logistic :Goodrich with Transportation of Liebherr Excavator & Bulldozers
Goodrich has been involved in the transportation of a Leibherr excavator and two bulldozers from Russia to Kazakhstan. The two bulldozers were moved by rail from St. Petersburg in Russia to Ekibastuz in Kazakhstan. Each one measured 7.80 x 2.85 x 3.94m and weighed 45mt. The Liebherr hydraulic excavator (R9250-437), complete with working…
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CMA CGM mega container ship stranded, waiting for Covid 19 test result
Mega container ship CMA CGM MARCO POLO wasn’t allowed to enter Algeciras Spain, on arrival from Southampton UK on Mar 30, after Master reported one sick crew with fever. CMA CGM MARCO POLO was anchored at Algeciras anchorage in the morning Mar 30, and as of morning Mar 31, remained…
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News :Danish Maritime Authority’s employees work from home to avoid the spread of COVID-19
The Danish Maritime Authority’s employees work from home to avoid the spread of COVID-19. Some services may have extended case processing time, but the DMA still strives to provide its services, including response to inquiries by telephone and email Ship registration The Danish Maritime Authority’s Register of Shipping will still…
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Shipping Lines : For 2019, OOIL’s reported EBIT of USD 370 million, representing an EBIT margin of approximately 5.3%
COSCO-owned transport and logistics company Orient Overseas (International) Limited (OOIL) wrapped up 2019 with a significant earnings growth despite market uncertainties. The Hong Kong-based company reported a profit attributable to equity holders of USD 1.35 billion in 2019, against a profit of USD 108.2 million seen in 2018. Revenues rose…
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