Shipping News
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Shipping Lines : Cosco Shipping Orders 10 Containerships for $1.5 Billion
Chinese shipping major Cosco Shipping Holdings has signed an agreement with affiliate shipbuilder Cosco Shipping Heavy Industry Yangzhou for the construction of ten containerships. On 15 July 2021, Cosco sealed the deal with the affiliate shipyard splashing out a total of $1.496 billion on ten new vessels. According to the…
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Shipping Lines : Hapag-Lloyd acquires Africa carrier NileDutch
The deal approved by worldwide antitrust authorities and completed between the parties // Acquisition supports Hapag-Lloyd’s strategy to grow in Africa Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). After signing a sales and purchase agreement in March, Hapag-Lloyd has now formally…
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Shipping Lines : Maersk Training and Diamond Offshore enter into three-year global training management and service agreement
Maersk Training will deliver “fit for purpose” and industry-leading immersive simulation and crew resource management training for Diamond Offshore crews worldwide under new global training management and service (TMS) agreement. As part of the agreement, Maersk Training will also deliver a full suite of training and competency management services through…
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News : Maersk Saudi Arabia and King Abdullah Port enter strategic partnership to establish Maersk’s first petrochemical hub in the Kingdom
The non-bonded Maersk Integrated Logistics Hub at King Abdullah Port will become an important part of the solutions offered by Maersk to its petrochemical customers in Saudi Arabia. Jeddah: Maersk Saudi Arabia, an integrator of container logistics, announced that it has entered into a strategic partnership with King Abdullah Port,…
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Shipping Lines : Maersk signs shipbuilding contract for world’s first container vessel fueled PDF
Hyundai Mipo Dockyards to build the 2100 TEU feeder vessel. It will be deployed on the Baltic shipping route and fly the Danish flag. Expected delivery by mid-2023. A.P. Moller – Maersk and Hyundai Mipo Dockyards have agreed on a contract for Hyundai Mipo to build a feeder vessel with…
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Breaking News : K-Line apologises for second hacking incident this year
Ransomware cyber-attack hits hundreds of US businesses Japanese shipping major Kawasaki Kisen Kaisha (K-Line) has suffered its second serious hacking incident of the year, a further example of how shipping is becoming an increasingly popular target for cybercriminals. K-Line stated today that there had been unauthorized access to overseas subsidiary…
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News: P&O Ferries’ Dover-Calais fleet back to full strength as fifth ship sets sail on return to service
The Pride of Burgundy – P&O Ferries fifth ship on its Dover–Calais route – arrived yesterday at the Port of Dover, returning to service with its first sailing in over a year With the capacity to carry 120 lorries, the 28,000 ton Pride of Burgundy will return in freight-only mode,…
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Shipping Lines : Maersk encourages just-in-case supply chain model at CSCMP event
Florham Park, NJ – The Council of Supply Chain Management Professionals (CSCMP) held its 32nd Annual State of Logistics Report virtual presentation on June 24, 2021, with supply chain executives from Maersk, Nordstrom, Penske Logistics, Kearney, Norfolk Southern, and IHS Markit participating in a panel that discussed the major forces…
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Shipping Lines : Signing of a fully carbon-neutral transport agreement between Maersk and BESTSELLER
Bestseller secures carbon-neutral ocean transport through a new partnership with Maersk Copenhagen, Denmark – A.P. Moller – Maersk today announced the signing of a fully carbon-neutral transport agreement on ocean services with BESTSELLER. The open-ended agreement on lifestyle logistics covers all of BESTSELLERs global transportation requirements and includes inland logistics…
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Services : Dry Bulk Weekly Report – Week 25 – 2021 PDF
China’s National Development and Reform Commission (NDRC) has announced that it plans to build up around 100m tons of deployable coal reserves this year. “It is extremely rare for the Chinese government to make statements on building up coal reserves, and this adds to our bullishness for the dry bulk…
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