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Container Ships

Maersk to Merge Damco, Ocean Product Units

(Photo: Eric Haun)

A.P. Moller-Maersk will merge Damco Supply Chain Services and Maersk Line's Ocean Product, the Danish shipping giant announced on Wednesday, as it seeks to offer customers the chance to deal with one firm when shipping goods across the world.The operator of Maersk Line, the world's largest container shipping company,

Yang Ming Launches New Container Vessel, 'YM Wellbeing'

File Photo: Yang Ming Marine Transport Corp.

YM Wellbeing, a new 14,000 TEU full-container vessel built by Imabari Shipbuilding Co., Ltd., was named at a ceremony held on 18th September, 2018.Yang Ming Marine Transport Corp. (Yang Ming) Chairman Bronson Hsieh and his wife Chen Hui-Li were both invited to the naming ceremony; Mrs. Hsieh took on

Maersk to Spend $2 Bln to Meet 2020 Sulphur Cap

(Photo: Eric Haun)

Maersk Line said it will introduce a new Bunker Adjustment Factor (BAF) surcharge designed to recover costs of compliance with the global 0.5 percent sulphur cap set to enter into force on January 1, 2020. The Danish container carrier said it expects its extra fuel costs could exceed $2 billion.The BAF surcharge will be introduced on January 1,

New Report Highlights Positive Impact of Illinois International Port District

The Illinois Port District

The Great Lakes Seaway Partnership announces the release of Economic Impacts of the Port of Chicago, a report documenting the many contributions made by the Illinois International Port District (IIPD) and Great Lakes Seaway Shipping to the City of Chicago, Cook County, State of Illinois and Great Lakes region.

In Wake of 'Olivia', Pasha Hawaii Resumes Cargo Ops

(File photo: Pasha Hawaii)

Honolulu-based ocean carrier Pasha Hawaii resumed operations last night at Pier 1 and Pier 51 at Honolulu Harbor, after receiving an all clear from the U.S. Coast Guard and Hawaii Department of Transportation Harbors, following the passage of Tropical Storm Olivia over the Hawaiian Islands and the re-opening of all ports.

Maersk to Install Scrubbers on Select Vessels Ahead of 2020

(File photo: Maersk Line)

A.P. Moller-Maersk, the world's biggest container shipping group, will add devices to reduce harmful exhaust emissions to some of its ships ahead of new global fuel regulations starting in 2020.To combat air pollution, the International Maritime Organization (IMO), the United Nations' shipping agency,

Hapag-Lloyd Christens “Al Jmeliyah” in Rotterdam

Photo: Hapag-Lloyd

Hapag-Lloyd's 15,000 TEU ship "Al Jmeliyah" was officially christened in Rotterdam. Naming patron is Inge Sijbesma, the wife of Feike Sijbesma, CEO of the corporation DSM – one of Hapag-Lloyd’s biggest customers in the Netherlands.The name “Al Jmeliyah” is Arabic for “the beautiful one.” With its ten sister vessels,

DP World Plans 10-year Dollar Sukuk, 30-year Conventional Bond Sale

(Photo: DP World)

DP World, the Dubai logistics group and one of the world's biggest port operators, will meet fixed income investors ahead of a planned 10-year benchmark dollar sukuk offering, a document issued by one of the banks arranging the potential issue showed on Monday.The company has hired Barclays, Citi, Dubai Islamic Bank,

Djibouti Nationalizes Stake in Doraleh Container Terminal

© homocosmicos / Adobe Stock

Djibouti has nationalized the two-thirds stake in its Doraleh Container Terminal held by the Port of Djibouti, the government said in a statement, the latest twist in a dispute with Dubai's government-controlled DP World dating back six years.In February, Djibouti ended a contract with DP World, one of the world's biggest port operators,

CMA CGM Inaugurates Antoine de Saint Exupery

Photo from CMA CGM Twitter Page

French shipping group CMA CGM inaugurated its new flagship vessel 20,600 TEU-containership CMA CGM Antoine De Saint Exupery in Le Havre, France.Two French ministers, Bruno Lemaire (Economy) and Elisabeth Borne (Transport) were present for the event.Delivered last January 26 by Philippine shipyard Hanjin

CMA CGM, Hapag-Lloyd Introduce ReUse in Mexico with Avantida

Image: Avantida

Avantida, an INTTRA company, announced that CMA CGM and Hapag-Lloyd, two of the world’s largest liner shipping companies, are offering reUse container management services in Mexico. reUse is a container triangulation service for transporters made available on Avantida’s online platform. It is the first time that this service is offered in Mexico,

14,000-TEU ONE Aquila Delivered

The newly built containership ONE Aquila was delivered in Hiroshima, Japan (Photo: ONE)

Ocean Network Express Pte. Ltd. (ONE) announced it has taken delivery of the 14,00 TEU capacity ONE Aquila at Japan Marine United Corporation’s Kure Shipyard in Hiroshima. The containership’s sublet owner is Nippon Yusen Kaisha (NYK Line).The vessel’s main engine features a duel system that enables

CMA CGM Says It's Ready for More M&A Deals

(Photo: Eric Haun)

France's CMA CGM, one of the world's largest container-shipping lines, remains interested in seeking acquisitions despite bringing to an end its interest in German peer Hapag-Lloyd, its chief executive said on Thursday."The shipping sector is consolidating further and if there are opportunities the CMA CGM group .

Huangpu-Wenchong Shipyard Builds 200th DNV GL Classified Ship

Photo: DNV GL

Huangpu-Wenchong Shipyard (HPWS) announced that a 2,750 TEU feeder container ship for China Navigation will be the 200th DNV GL classified ship.A press release said that the cooperation between DNV GL and HPWS dates back to 1996 and covers ship types from feeder vessels to larger container ships, to bulk carriers,

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