Maher Terminals prepares for ownership change
**“Macquarie, which already owns several container terminals in the U.S. and Canada, will now own th...
Port of Sète’s call for tender
**The Port of Sète will launch a call for tenders for the concession of a new terminal in the South...
Australia Funds Lead Bids for $4.1 Billion Port of Melbourne Sale
SYDNEY, April 18 (Reuters) – Three consortia of Australian and international funds have submitte...
OOCL: Trans-Atlantic Trade – Services Update
Dear Valued Customer,
To enhance our service coverage in the Trans-Atlantic trade, we are pleased t...
Hapag-Lloyd: Pacific Atlantic 1 Service (PA1/PP1) – Pacific and Atlantic Product Change
Hapag-Lloyd informs about product changes.
We would like to inform you about the product change...
CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line to establish “OCEAN Alliance”
[ has stepped in to save struggling Hyundai Merchant Marine (HMM), multip...
German Shipping Giant? Hapag Lloyd and Hamburg Süd Discuss Merger
[
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Hyundai Heavy Industries Plans to Cut 2,000 Jobs
On Thursday, South Korea’s Yonhap news agency reported that Hyundai Heavy Industries plans to cut ab...
Hapag-Lloyd confirms: talks between Hapag-Lloyd and United Arab Shipping Company
Forms of cooperation being discussed / No binding results yet
Hapag-Lloyd AG (HL) and United Ar...
CMA CGM Postpones Plans to Send Mega-Ships to United States
](ht...
Hyundai Merchant Marine facing court receivership
The clock is ticking for embattled Hyundai Merchant Marine (HMM). South Korea’s finance minister Yoo...
World Bank loans US$40m to Myanmar Industrial Port
Myanmar Industrial Port (MIP) is set to receive a US$40m loan from the International Finance Corpora...
DP World and P&O Maritime Win Cyprus Port Concession Agreements
**DP World and the Government of the Republic of Cyprus have today entered into two separate concess...
Maersk Line Heads to Sanctions-Free Cuba
“World’s largest container carrier Maersk Line is starting its first direct service from Ireland to...
KPCL Adds New Maersk Salalah Service
**Danish container shipping major Maersk Line has launched a direct, weekly service from India’s dee...
CKYHE restructures Asia-U.S. East Coast service network
“Meanwhile, the ocean carrier alliance members reconfirmed their current cooperation scheme on east-west trades until the end of March 2017.” For more details, please see the original article at American Shipper. Source: American Shipper (LF)
CKYHE alliance cooperation confirmed until end March 2017
The members of the CKYHE alliance have confirmed their existing cooperation will continue until the...
Admiral Feeders launching Jebel Ali – Basra service
UAE-based Admiral Feeders is launching a new service connecting Jebel Ali with Al Maqal Port in Basr...
Stockholm Norvik Port Construction Gets Green Light
**The construction of a freight port north of Nynäshamn, the Stockholm Norvik Port, can start in 201...
Japanese carriers report losses in container operations for 2015-16
“Overall revenues for NYK, MOL and ‘K’ Line fell 5.4 percent, 6 percent and 8.1 percent, respectively, for the last fiscal year ended March 31, 2016.” For more details, please see the original article at American Shipper. Source: American Shipper
China COSCO Announces 2016 Q1 Results
**China COSCO Holdings Company Limited (“China COSCO” or the “Company”) (SSE:601919; HKEx:1919) toda...
Phase 1 of Tuas Terminal Development Begins
Phase 1 of Tuas Terminal Development Begins
Launch of first caisson by Coordinating Minister fo...
CMA CGM’s proposed acquisition of NOL approved by the European Commission
Marseille (France), April 29, 2016 – CMA CGM, a global leader in container shipping, today announces...
KICT Welcomes MSC MEL 1 Service First Call
**MSC Lana Voy-JA618R made its inaugural call at Karachi International Container Terminal (KICT), ma...
Hapag-Lloyd: Mediterranean Canada Service (MCA) – Improved Service Rotation
Hapag-Lloyd implements a Tangier eastbound call effective June 2016.
We are pleased to announce...
China COSCO posts $692m loss in Q1 2016
**“China COSCO Holdings Co. Ltd., which now includes the combined operations of China Shipping Conta...
Hermann Yu, president of Yang Ming, dies at 59
“Yu joined the Taiwanese shipping company in 1984 and became president in 2013.” For more details, please see the original article at American Shipper. Source: American Shipper
Yilport Holding acquires 100% shares in Port of Gaevle
**Yilport Holding acquired 100% shares of Gävle Container Terminal (GCT) and Baltic Sea Gateway (BSG...
Iranian commander threatens to close Strait of Hormuz to US
TEHRAN, Iran (AP) — The deputy commander of Iran’s powerful Revolutionary Guard said Iranian forces...
Creditors approve Hanjin Shipping’s debt-restructuring plan
**SEOUL, May 4 (Yonhap) — Creditors of Hanjin Shipping accepted the troubled shipping giant’s debt r...
Creditors of Korea’s big three yards press for restructuring moves
**South Korea’s big three shipyards have been urged by their creditors to carry out their respective...
Maersk Interim Report Q1 2016
A.P. Møller – Mærsk A/S has published its Interim Report Q1 2016 today, 4 May 2016.
Highlight...
Smaller Carriers Could Form Third Alliance
**As regulators review the proposed CMA CGM-COSCO Ocean Alliance, Alphaliner reports that the carrie...
Panama pares down bidders for Corozal container terminal
[ has recorded a 26% increase...
Hyundai Heavy Industries to Axe More Jobs Amid Shrinking Orders
**South Korea’s Hyundai Heavy Industries Co Ltd, the world’s biggest shipbuilder by revenue, will sl...
Liverpool2 receives six ZPMC cranes
**Peel Ports’ Liverpool2 terminal has received six of the 22 cantilever rail-mounted gantry (CRMG) c...
PSA International creates venture fund
**“The container terminal operator’s newly established venture capital arm for funding startups, PSA...
CMA CGM launches the Baltic Levant Express service offering a direct connection between Saint Petersburg and the Eastern Mediterranean region
CMA CGM, a leading worldwide shipping Group, is pleased to announce the launch of the new Baltic Lev...
HMM debt-to-equity swap plan to be discussed
Creditors next week will start discussing a debt-to-equity swap plan with Korean line Hyundai Mercha...
Yildirim considers US investment
[![160511---Robert-Yuksel-Yildirim-1](https://app.eesea.com/news/wp-content/uploads/160511-Robert-Yu...
Yildirim Seeks Mines, U.S. Ports in $10 Billion Expansion
- Turkish group revives plan to sell stake in ports unit
- Company also planning to build power plan...
CMA CGM ditches 18,000 teu transpacific ship experiment
**CMA CGM’s grand experiment, deploying ultra large container vessels on the transpacific, has come...
New container alliance to be revealed this week
A new container alliance will be revealed in the next couple of days.
William Doyle, from the U...