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MSC, Maersk Work on Data Sharing after Cyber Attack

File Image: The Madrid Maersk, a 20,000+ TEU Box ship (CREDIT: HR Wallingford)

Swiss container line MSC (Mediterranean Shipping Company) is working with vessel-sharing partner Maersk to find ways to share data after a cyber attack on the Danish company, MSC said on Wednesday.   MSC said it was prepared to divert ships away from affected Maersk terminals.   "We are working

India's Largest Box Port Hit by Cyber Attack

File Image: CREDIT Trelleborg

Operations at one of three terminals at India's largest container port JNPT, near the commercial hub of Mumbai, have been disrupted by the global ransomware attack, the port said on Wednesday.   The affected terminal is operated by Danish shipping giant AP Moller-Maersk, which said on Tuesday that

Maersk Bullish on India

Photo: A.P. Moller – Maersk

 Domestic reforms have slowed down India’s trade momentarily, thereby weakening domestic demand. However, A.P. Moller – Maersk expects Indian EXIM trade to pick up pace in the next quarter.   “This dip in import growth was due to piling up of inventory in the market post demonetisation and lack of clarity around Good and Service Tax.

Wan Hai Boosts China - Southeast Asia Service Network

Photo: Wan Hai Lines

 Wan Hai Lines has announced its plan to expand the service network on China-Vietnam/Thailand corridors in July, by restructuring China-Vietnam-Thailand (CVT service) and cooperating with COSCO Container Lines with a new joint N.PRC-Thailand service (CT1) and securing slots on COSCO’s E.PRC-Thailand service.

Current and Former WWL Execs Accused of Price Fixing

Photo: WWL

Two former and one current executive of the shipping company Wallenius Wilhelmsen Logistics AS (WWL) have been indicted on charges of fixing the prices of some international ocean shipping, the U.S. Justice Department said on Tuesday.   Former executives Arild Iversen and Anders Boman were indicted

Telenor Expands Communication Services for DFDS

Photo: DFDS

Global maritime mobile operator Telenor Maritime said it will expand communications services for longstanding partner DFDS, deploying its connectivity platform with Premium Wi-Fi, Ka VSAT and mobile broadband backhaul for the Northern European shipping company. “We are moving fast forward into the Networked Society,

Cyber Attack Hits 17 APM Container Terminals

Photo: Dick Sellenraad / Port of Rotterdam

Seventeen shipping container terminals run by APM Terminals have been hacked, including two in Rotterdam and 15 in other parts of the world, Dutch broadcaster RTV Rijnmond reported on Wednesday. APM Terminals is a subsidiary of shipping giant Maersk , which has confirmed it is suffering from a cyber attack.

Maersk Says It's Been Cyber Attacked

File photo: Maersk Line

Shipping giant A.P. Moller-Maersk, which handles one out of seven containers shipped globally, said the Petya cyber attack had caused outages at its computer systems across the world on Tuesday.   The attack came as computer servers across Europe and in India were hit by a major ransomware attack.

Expanded Panama Canal Celebrates First Anniversary

Photo: Panama Canal Authority

 The Panama Canal commemorated the one-year anniversary of the inauguration of its Expanded Canal, one of the most significant milestones in the history of the 102-year old waterway and a defining moment for the people of Panama and the global maritime industry.   In its first year of operations,

Aegean Marine Strengthens Presence on the U.S. East Coast

Photo: Aegean Marine Petroleum Network Inc.

 Aegean Marine Petroleum Network has announced the launch of a new service center in Savannah, Georgia, the third largest container port in the United States.       The operations in Savannah will be managed by the existing Aegean U.S. team.  Under the terms of the agreement with Colonial Terminals, Inc.

Florida International Terminal Upgrade Underway

(Photo: Florida International Terminal)

Florida International Terminal (FIT), a port in Port Everglades–Fort Lauderdale operated by SAAM since 2005, began a modernization project that will change the look of the port.   The project will see the construction of a modern terminal with new facilities such as a gatehouse with eight lines, doubling

Baltic Index Rises as Key Vessel Rates Firm

© Volodymyr Kyrylyuk / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday on higher vessel rates across the industry. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 14 points, or 1.61 percent, at 884 points.

Dora Could Reach Hurricane Strength Today

Tropical Storm Dora, located off the western coast of Mexico in the Pacific Ocean, is strengthening quickly and is expected to become a hurricane on Monday, the U.S. National Hurricane Center (NHC) said on Sunday.   Maximum sustained winds were about 70 miles per hour (110 km per hour), with higher gusts.

Frontline Alters Course, Drops DHT Pursuit

Photo: DHT Holdings

CEO: Frontline will continue to expand its fleet; won't pursue M&A now, though consolidation may come later.   Oslo-listed oil tanker firm Frontline has abandoned its pursuit of New York-listed rival DHT Holdings and is not working on any alternative acquisitions, Frontline's CEO told Reuters on Monday.

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