Shipping News
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d’Amico I.S. has risen to 100% of Glenda International Shipping
The shipping company d’Amico International Shipping S.A. announced that its operational subsidiary d’Amico Tankers D.A.C. acquired 100% control of Glenda International Shipping d.a.c. (Ireland) through the redemption of shares owned by Topley Corporation (Glencore Group). The remainder of the joint venture (50%) was recognized at a price of $ 27.4…
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Jeddah Islamic Port enhances commercial traffic with Morocco with 6 shipping lines and services
Saudi ports record an increase in the volume of cargo handled by 16% during July 2022 Jeddah Islamic Port has taken active steps in promoting trade with the Kingdom of Morocco and supporting Saudi exports through 6 shipping lines and major services that have contributed to increasing the volume of…
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Stena Line reports 11% reduction of carbon emissions
Stena Line has decreased the carbon emissions by 11% per tonne of cargo carried over each nautical mile, as well as achieving a reduction of 4% total ship emissions compared to pre-Covid operations. The main contributor to the result is the significantly higher utilisation and thus efficiency of the company´s…
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“K” Line signs MOU with Penta-Ocean Construction for collaboration on vessel management in the offshore wind construction and maintenance fields
Penta-Ocean Construction Co., Ltd. (President, Takuzo Shimizu, hereinafter POC) and “K” Line Wind Service, Ltd. (President Yutaka Kuge, hereinafter KWS) have signed a memorandum of understanding (MOU) regarding future collaboration on vessel management etc., in the offshore wind construction and maintenance fields. In Japan, offshore wind power is expected to…
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ICS : Shipping industry to remove the Indian Ocean High Risk Area
London, UK. After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk Area’ (HRA). Notification of the removal of the HRA from 0001 UTC on 1 January 2023 by industry bodies was forwarded in a submission today, 22 August, to the…
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Italy 14th in the world for global connections of container lines
After the progression recorded in 2020, the score attributed to the Peninsula by Unctad with its Liner Shipping Connectivity Index remains essentially stable At the end of the second quarter of 2022, Italy was (like the previous one) still in 14th place in the ranking of the most interconnected countries…
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After the successful acquisition : Hapag-Lloyd and DAL integration
After the successful acquisition of Deutsche Afrika-Linien (DAL) we are entering an important stage of the integration: the voyage cut over from DAL to Hapag-Lloyd. Starting mid-July, the former DAL services will switch to Hapag-Lloyd bill of ladings. Therefore, if you currently are a DAL customer, please refer to the…
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Maersk : The journey of the melons- An end-to-end story
Transporting melons from Guatemala to the US is not a trivial task. Here is how Sealand America makes life easier for Exportadora Atlantico S.A with an end-to-end solution. It isn’t without challenges, when the Guatemalan company Exportadora Atlantico S.A every year exports more than 25,800 tons of melons to the…
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Russia, Iran and Azerbaijan sign MoU to simplify transit transportation
The document will let expand the opportunities of the North-South international transport corridor Hheads of customs authorities representing Russia, Iran and Azerbaijan have signed a memorandum of understanding to simplify transit transportation, according to the Telegram channel of Russia’s Trade Representation in Iran. “This document is to contribute to facilitation…
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