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Container Ships

New Services for Sweden's Forestry, Steel Exports

Photo: APM Terminals

 APM Terminals Gothenburg has announced a new service designed to accelerate and improve Sweden’s supply chains in the forestry and steel export sectors.   As part of the company’s SEK 250 million container terminal investment plan, a new specialized facility within APM Terminals Gothenburg will enable

Diana Charters out Sagitta to Hapag-Lloyd

Sagitta (Photo: Diana Containerships)

Diana Containerships Inc. announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hapag-Lloyd AG, Hamburg, for one of its Panamax container vessels, the MV Sagitta. The gross charter rate is $9,500 per day, minus a 1.25 percent commission paid to third parties,

Mombasa's Port Traffic Up 2.4% in 2016

Container traffic through Mombasa, Kenya's biggest port, increased by 2.4 percent in 2016 after the opening of a new section of the port's second container terminal, port management said on Friday. The biggest port in East Africa and the region's trade gateway, handles imports of fuel and consumer

New Sensors Monitor Temp of Dangerous Goods

Markus Berner, Head of Digital Logistics, Bertschi Group (Photo: Nexiot)

Nexiot AG is customizing its zero-maintenance smart sensor system for Bertschi Group’s tank containers, to monitor the temperature of dangerous goods and help ensure safe delivery of consignments.   The data is then sent to a control system, enabling Bertschi Group to monitor the temperature of the product in the tank,

Maersk to Pay $4 Bln for Hamburg Sud

File photo: Hamburg Sud

The world's biggest container shipping company Maersk Line will pay 3.7 billion euros ($4.02 billion) for its acquisition of smaller German rival Hamburg Sud, it said on Friday.   Combined, the two companies will be able to realise annual operational savings of about $350 million to $400 million,

Cox Takes over as Matson Board Chairman

Matthew Cox (Photo: Matson)

Matson, Inc. president and chief executive officer Matthew J. Cox will succeed retiring chairman of the board Walter A. Dods, the company announced today.   The appointment becomes effective at the end of the company's annual shareholders’ meeting today, as Dods retires in accordance with the company's

Becker Marine Systems Eyes Growth in Asia

Photo courtesy of Becker Marine Systems

Becker Marine Systems says it is continuing its successful entry into Asian countries such as China, Japan and South Korea, despite an ongoing crisis in the shipbuilding industry. Now the Hamburg-based company is opening a branch office in Kobe, Japan, and has formed a manufacturing partnership with

Chinese University Implements Navis Training Software

Photo courtesy of Navis

China's Wuhan University of Technology (WUT) has partnered with Navis to implement the MACS3 ship loading computer and the Navis StowMan stowage planning program as educational software.   In the future, prospective nautical officers will learn loading and unloading operations for container ships and bulk carriers in the segment of 76,

Baltic Exchange Chief Outlines Growth Plan

Newly appointed Baltic Exchange Chief Executive Mark Jackson has set out the Exchange’s vision of the near-future in a wide-ranging speech in Singapore during the concurrent MPA Singapore Maritime and Singapore Iron Ore Weeks. “The recent acquisition of the Baltic Exchange by the Singapore Exchange

CMA CGM Otello Largest Box Ship to Call Indonesia

CMA CGM Otello. Photo: CMA CGM

 CMA CGM Otello has arrived Indonesia as the largest container vessel to call the country at the Jakarta International Container Terminal.    The occasion also celebrated her impending maiden voyage for the industry’s first direct service from Indonesia to the United States (U.S.) on 24 April.   Officiating

Florida Terminal Adds Two Reach Stackers

Photo: FIT

Florida International Terminal (FIT), operated by SAAM in Port Everglades - Fort Lauderdale (Florida, U.S.A.) acquired two new reach stackers Taylor model XRS-9972, a North American firm. The terminal now has 15 container handlers.   The arrival of this new equipment is part of the company’s fleet renovation plan that started in 2015.

Container Shipping: New Networks in Focus

File photo: Hapag-Lloyd

Container shipping: new networks come into focus as the supply side holds the key to improvements   Demand The most recent available data show that demand for the container shipping grew by 2.7 percent in 2016. With the supply side growing by only 1.3 percent, this meant that the fundamental market balance improved for the first time since 2011.

Baltic Index Down For Sixth Straight Session

© Hellen Sergeyeva / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the sixth consecutive session on Tuesday on lower rates for larger vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, shed 16 points, or 1.

CMA CGM to Tap Indonesian Market

Photo: CMA CGM

 CMA CGM aims to increase its market share in Indonesia to 20 percent by year-end from the current 13 percent, reported The Jakarta Post.   The company's senior vice president in Asia, Jean-Yves Duval said that with aggressive marketing, as well as longer and more efficient routes, we believe we can have 20 percent of the market by end of 2017.

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