The Omani port of Duqm has announced its arrival as a significant regional container gateway with the handling of the first containerised cargo for Duqm Refineries. These landmark containers were transported on containerships operated by the Korean container line Hyundai Merchant Marine and Oman Shipping Lines.
Currently the container terminal at the port of Duqm has a total capacity up to 200,000 teu annually and is equipped with mobile container handling cranes. It is designed primarily to...
Feeder boxship defied its name yesterday, slamming into the pier and bringing down a gantry crane at Indonesia’s Semarang Port yesterday. According to VesselsValue, the 1997-built 1,597 teu Soul of Luck is owned by Greece’s Victoria Oceanway and on charter to MCC Transport, which is now part of...
Port Technology (PTI) spoke to many of the industry’s top executives at the 2019 Container Terminal Automation Conference in London on the trends that will be driving growth and innovation in the years to come.
CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with CMA CGM, COSCO Shipping, COSCO Shipping Ports (CSP), Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group.
A host of top carriers and port groups have signed up to a CargoSmart-led new association designed to come up with shared digital solutions for the shipping industry. The initial signatories to the Global Shipping Business Network (GSBN) are CMA CGM, Cosco, Hapag-Lloyd, Hutchison Ports, OOCL, Port...
Singapore has retained its place at the top of the Xinhua-Baltic International Shipping Centre Development (ISCD) Index, according to the Baltic Exchange.
Samskip has tapped the former boss of competitor Containerships, Kari-Pekka Laaksonen, as its new group CEO, effective from the start of next month. “The opportunity to join Samskip, with its extensive transport network across Europe is very exciting from a personal point of view,” said Laaksonen....
Ocean Network Express (ONE), the container shipping alliance formed between Japanese liners MOL, NYK and K Line, has officially taken delivery of the ‘ONE Cygnus’, its latest 14,000 TEU vessel and last in the series of seven new builds that began in June 2018.
The secondhand sale and purchase activities tempered a bit this past week. The dry bulk chartering market continued its impressive improvement led by capes which are now trading on the spot market for in excess of $26,000 a day. However, while the interest for secondhand tonnage remains high,...
Capital Product Partners has agreed new long-term time charters with MSC for 8,266 teu boxship pair Agamemnon and Archimidis. The 2007-built Agamemnon will commence the new charter in the third quarter of 2019, upon completion of scrubber installation and passing of special survey. The 2006-built...