Tag: shipping line

CMA CGM acquires Mercosul from Maersk Line

CMA CGM Mercosul

CMA CGM has announced it reached a binding agreement with Maersk Line to acquire Mercosul Line, a leading player in Brazil’s domestic container shipping market. Earlier this year, Maersk Line declared the intention to sell its Brazilian cabotage carrier in order to remove any possible concerns from competition regulators over its acquisition of German shipping […]

US FMC rejects merger of Japanese carriers

K Line merger of Japanese carriers

The US Federal Maritime Commission (FMC) has rejected the merger of the three Japanese container shipping lines K Line, Mitsui O.S.K. and NYK on “jurisdictional grounds”, informs The Loadstar. The matter will now be referred to the US Department of Justice (DoJ), which could delay or halt the proposed joint-venture. As we wrote earlier, aiming […]

World’s largest containership MOL Triumph calls at Hong Kong

The world’s largest container vessel MOL Triumph owned by Japanese shipping line Mitsui O.S.K Lines, Ltd. (MOL) called at Hongkong International Terminals (HIT) last Saturday during its maiden voyage, informs the terminal. MOL Triumph has a capacity of 20,170 TEU and is the first ever containership exceeding the 20,000 TEU capacity limit. It is 400m long and 58.8m […]

APL to be charged over shipping military vehicles without license

The Hong Kong Customs and Excise Department has pressed charges today against APL shipping company and the captain of the container ship which delivered nine Singapore military vehicles into the city from Taiwan in November 2016 without the required license, writes South China Morning Post. 9 Terrex Infantry Carrier Vehicles were shipped from Singapore to Taiwan […]

Wilhelmshaven welcomes 6 new shipping lines

Eurogate Container Terminal Wilhelmshaven

Eurogate has announced that since April, 2017 six more container shipping lines will call at its Wilhelmshaven terminal in Germany’s only deep-water JadeWeserPort. The six lines are COSCO Shipping, OOCL, CMA CGM and Evergreen forming the newly established OCEAN Alliance, as well as Hamburg Süd and Hyundai Merchant Marine. The OCEAN Alliance has included Wilhelmshaven […]

Maersk is fined USD 12 mln in Russia

anti-monopoly port law

The Federal Anti-Monopoly Service of Russia (FAS) has fined 5 major shipping lines RUR 1.5 bln (approx. USD 25 mln) for cartel actions, writes TASS news agency. At the end of 2015, FAS declared that A.P.Moller-Maersk A/S, CMA CGM SA, Hyundai Merchant Marine Co., LTD, Orient Overseas Container Line Limited and Evergreen Marine Corp. Ltd […]

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