APL Introduces New China Malaysia Service

APL Introduces New China Malaysia Service

APL Monday (Jan21) announced the launch of a new weekly service, China Malaysia Service (CMS) which connects North, Central and South China to the niche ports of Port Klang, Penang and Pasir Gudang in …
Jan 21, 2019 /  Vessels
ABP invests £2.2 million in new agribulk terminal at Port of Ayr

ABP invests £2.2 million in new agribulk terminal at Port of Ayr

Associated British Ports (ABP) has announced a £2.2 million investment in a new state-of-the-art warehouse at the Port of Ayr which will improve its customer offering. Work on the new 4,000 sqm agribulk terminal …
Jan 21, 2019 /  Curious
Capacities at the Fos Tonkin Terminal to be put on sale for the period 2021-2030

Capacities at the Fos Tonkin Terminal to be put on sale for the period 2021-2030

In the context of a dynamic liquified natural gas (LNG) market, Elengy is preparing the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021-2030. Within the sale process, Elengy will offer its …
Jan 21, 2019 /  Curious
China Navigation to acquire the bulk shipping activities of Hamburg Süd

China Navigation to acquire the bulk shipping activities of Hamburg Süd

Both companies have reached an agreement for CNCo to acquire RAO, Furness Withy Chartering and the bulk activities in Alianca Navegacão Hamburg Süd and The China Navigation Company (CNCo), a subsidiary of …
Jan 21, 2019 /  Curious
MOL Moves to Establish 'Asahi MOL Tankers' for Pool Operation of MR Product Tankers

MOL Moves to Establish 'Asahi MOL Tankers' for Pool Operation of MR Product Tankers

Meeting Customer Needs with More Efficient Ship Allocation TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that MOL and Asahi Tanker Co., Ltd. have signed a contract to establish a pool operation company, Asahi …
Jan 21, 2019 /  Curious
FSL Trust Announces Disposal Of Vessel

FSL Trust Announces Disposal Of Vessel

FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust (FSL Trust), announces that a wholly-owned subsidiary of the Trust has executed a Memorandum of Agreement to sell its MR product tanker …
Jan 21, 2019 /  Vessels
Ocean Alliance: The world’s largest operational agreement between shipping companies is extended until 2027

Ocean Alliance: The world’s largest operational agreement between shipping companies is extended until 2027

The CMA CGM Group, a worldwide leading shipping group, announced on Friday (Jan18) that Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, signed the extension of the Ocean Alliance …
Jan 21, 2019 /  Vessels
Maiden call for Ever Gifted at Hutchison Ports ECT Rotterdam

Maiden call for Ever Gifted at Hutchison Ports ECT Rotterdam

Hutchison Ports ECT Rotterdam (ECT) welcomes the EVER Gifted from container shipping line Evergreen on her maiden call. The vessel, with a capacity of around 20,000 TEU, makes its first roundtrip from Asia. Rotterdam is …
Jan 21, 2019 /  Vessels
Another Dutch ship owner faces huge fine for having beached a vessel

Another Dutch ship owner faces huge fine for having beached a vessel

Dutch ship owner Holland Maas Scheepvaart Beheer II BV has been fined 780.000 EUR and paid a settlement of 2.2 million EUR - totaling to a price tag of almost 3 million EUR - for having beached a ship for scrapping in …
Jan 21, 2019 /  Vessels
Algoma Central Corporation Provides Update on Status of Fleet Renewal

Algoma Central Corporation Provides Update on Status of Fleet Renewal

Algoma Central Corporation (Algoma) (TSX: ALC), a leading provider of marine transportation services, Friday announced that it has received full refund of all instalment payments made in connection with the now-cancelled …
Jan 21, 2019 /  Curious