Nine leading ocean carriers and terminal operators signed a Declaration of Intent to form a consortium aimed at developing the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology. The signing ceremony took placeat the China International Import Expo inShanghai on 6 November 2018. The participants include shipping lines CMA […]
The French shipping Group CMA CGM has announced this week that it is acquiring Containerships, the Finnish company specializing in the Intra-European container shipping. According to the agreement signed on 20 June 2018 by CMA CGM and Container Finance Ltd Oy, the current owner of Containerships, the entire shipping, harbour and terminal holdings of Container […]
Ocean Network Express Pte. Ltd. (ONE) has announced the commencement of container shipping operations on 1 April 2018, which is according to the initial schedule laid out when the company was established on 7 July 2017. ONE is the result of an integration of the container businesses of three Japanese shipping carriers: Kawasaki Kisen Kaisha, […]
In Q3 2017, COSCO Shipping has overtaken Maersk Line by container liftings for the first time, becoming the world’s container carrier #1, informs Splash24/7 quoting the liner shipping research agency Alphaliner. The Chinese container giant COSCO Shipping, which merged with China Shipping in early 2016, reported 5.49 mln TEU of loaded volumes in the third […]
Unifeeder, the largest European operator of feeder and shortsea container shipping services, has announced this week the appointment of Nils Smedegaard Andersen, former Group Chief Executive Officer of A.P. Moller – Maersk A/S, as new Chairman of the Board of Directors. At this post, he succeeds former Hapag-Lloyd CCO Jesper Præstensgaard who takes up the […]
The Port of Portland has announced that Swire Shipping will start a container service calling at the Port’s Terminal 6 since January 2018. The announcement follows the recent trade mission visit of the Oregon State’s Governor Kate Brown and the Port representatives to Hong Kong, where they met with Swire corporate executives. Located on the […]
XVELA, part of Cargotec’s Kalmar, has signed a contract with Ocean Network Express Pte. Ltd. (ONE), the joint venture of the 3 Japanese shipping lines – K Line, NYK and MOL established in July 2017, to provide its collaborative stowage solution, informs Cargotec. The company highlights it as a significant step in realising the Cargotec […]
Today, July 10, the 3 Japanese shipping lines – K Line, NYK and MOL – have officially announced details of the establishment of their joint venture “Ocean Network Express” (ONE) and the appointment of Jeremy Nixon as ONE CEO. According to the press release published at the new website launched specifically for the JV, the […]
Yildirim Holding AS seeks buyers for its 24% stake in CMA CGM, as it moves ahead with a plan to acquire Ports America Holdings Inc., the US terminal operator, writes Bloomberg. With this purpose, Yildirim mandated China Citic Bank Corp. to find investors from Asia or the Persian Gulf. In an interview in Istanbul this week, […]
APM Terminals’ facilities in Itajai (Brazil) and T4 in Buenos Aires (Argentina) were chosen as ports of call at South America East Coast for the joint Asian service of Hapag-Lloyd, NYK, ZIM, Hyundai and Hamburg Sud, informs APMT. The 13 vessels deployed at the weekly service will call the Asian ports of Kelang, Singapore, Qingdao, […]
