Shipping News
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Xeneta real-time container rates update: week 25
Spot rates fall below long-term levels on main China to US West Coast trade Cargo owners battered by the spiralling costs of container shipping would do well to look into spot rates on the main China to US trade corridor at present. That’s the message from Oslo-based Xeneta, which crowd…
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Nor-Shipping 2023 focuses on #PartnerShip to accelerate industry progress
Nor-Shipping has revealed that #PartnerShip will be the main theme of next year’s event, as it looks to enable, support and showcase ways of working together to achieve commercial goals. The week-long programme, running from 6-9 June 2023, will now tailor its exhibition, knowledge sharing and networking opportunities to nurture…
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A new alliance from Mvn, Msc, Fagioli and Fratelli Foppiani in Tuscany Italy
An investment plan of 110 million and 300 hires is ready to create a multifunctional logistics base dedicated to the oil & gas sector Within the first half of 2023, a new logistics hub for the oil & gas industry will be born in Tuscany, the result of an alliance…
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Port of Durban : (Africa’s busiest) !
The port of Durban is said to be the largest shipping terminal in Africa. Its strategic location along international shipping routes has made the port more relevant becoming South Africa’s main cargo and container port. DURBAN is a Large-sized Port. The types of vessels regularly calling at DURBAN are Bulk…
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Maersk Training Norway and Xrig AS have signed a cooperation agreement
Xrig is a Norwegian company specializing in on-/offshore rig and associated equipment rental services, including testing and training. Xrig is a modular combined drilling and hydraulic workover rig. In conjunction with the rig, they have recently built a competence center, where Xrig, together with the state-of-the-art module, will be able…
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A.P. Moller – Maersk to acquire ResQ to strengthen Maersk Training’s offerings
A.P. Moller – Maersk (Maersk) announces the intended acquisition of its subsidiary Maersk Training of the Norwegian company, ResQ, a leading supplier of services and expertise in safety training and emergency preparedness in Norway. ResQ has five survival centers located strategically in Norway to cater for training in the North…
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Hapag-Lloyd and partners invest in container terminal in Egypt
A new terminal will be built in the port of Damietta, about 200 kilometers north of the Egyptian capital Cairo. For this purpose, a Joint Venture was founded to develop and operate the new “Terminal 2”. The Joint Venture “Damietta Alliance Container Terminal S.A.E.” consists of three core shareholders: Hapag-Lloyd…
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Mawani: A new agreement to establish a fifth logistics zone in Jeddah Islamic Port with the private sector
In the presence of the Minister of Transport and Logistics and Chairman of the Board of Directors of the Saudi Ports Authority, “Mawani” Saleh bin Nasser Al-Jasser signed today a new agreement to establish a fifth logistics zone in Jeddah Islamic Port, after implementing a number of successive agreements recently…
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Ukraine Finds New Routes to Export Grains by Sea
Only the Ukrainian ports of Reni, Izmail, and Kiliia on the Danube river have been able to start up again to export grains. Last week there were over 40 vessels leaving these ports laden with grain, well above the volumes exported from these river ports pre-invasion. Further volumes have found…
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