News

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...

CKYHE alliance cooperation confirmed until end March 2017

The members of the CKYHE alliance have confirmed their existing cooperation will continue until the...

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)

KPCL Adds New Maersk Salalah Service

**Danish container shipping major Maersk Line has launched a direct, weekly service from India’s dee...

Maersk Line Heads to Sanctions-Free Cuba

“World’s largest container carrier Maersk Line is starting its first direct service from Ireland to...

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...

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...

Hyundai Merchant Marine facing court receivership

The clock is ticking for embattled Hyundai Merchant Marine (HMM). South Korea’s finance minister Yoo...

Hanjin Shipping files for receivership

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CMA CGM Postpones Plans to Send Mega-Ships to United States

![CMA CGM Benjamin Franklin at the port of Long Beach for its inauguration in February. Photo credit...

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...

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...

German Shipping Giant? Hapag Lloyd and Hamburg Süd Discuss Merger

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KDB linked with Hyundai Merchant Marine takeover

Korea Development Bank (KDB) has stepped in to save struggling Hyundai Merchant Marine (HMM), multip...

Hamburg Süd 2015: Significant growth in a challenging year

Development of Hamburg Süd

In an environment characterized by strong fluctuations, the Hamburg...

CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line to establish “OCEAN Alliance”

[![160420 - ocean-alliance-680](https://app.eesea.com/news/wp-content/uploads/160420-ocean-alliance-...

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...

OOCL: Trans-Atlantic Trade – Services Update

Dear Valued Customer,

To enhance our service coverage in the Trans-Atlantic trade, we are pleased t...

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...

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...

Maher Terminals prepares for ownership change

**“Macquarie, which already owns several container terminals in the U.S. and Canada, will now own th...

Terms of Chabahar Port Agreement Hammered Out

**India, Afghanistan and Iran have finalized the text of the Trilateral Agreement on Transport and T...

TCP’s concession extended as investment plan approved

Brazil’s second largest container terminal, Terminal de Contêineres de Paranaguá (TCP), has had its...

Deutsche Bank agrees to sale of Maher Terminals at Port Elizabeth

Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) has reached an agreement with Macquarie Infrastructure Pa...

Hapag-Lloyd: AX2 & AX3 – Westbound Rotation Change for Port of Savannah / AX4 – Continued Suspension

14 Apr 2016

Hapag-Lloyd informs about service changes.

We would like to inform you about t...

New orders at Chinese shipyards rebound in first quarter

New orders received by Chinese shipyards have risen for the first time in the first quarter of 2016...

Cosco Dalian and DACKS in merger talks

Dalian, already home to one of the world’s largest shipyards, could have another giant name in globa...

France’s Bollore investigated over West Africa port contracts

French officials searched the head office of the Bollore Group as part of a probe into the leading t...

OOCL’s LBCT handles first ship at new automated facility

**“The first phase of the “Middle Harbor Project,” due to go into operation this year, will add abou...

Alphaliner: Carriers under Spotlight amid Worsening Balance Sheets

**The rapid deterioration of Hyundai Merchant Marine’s (HMM) financial situation has also put the sp...

Ocean carriers shift services from Tacoma to Seattle

“German ocean carriers Hamburg Sud and Hapag-Lloyd are shifting two of their services from one member of the Northwest Seaport Alliance to the other.” For more details, please see the original article at American Shipper. Source: American Shipper

Oman Shipping Company launches new freight feeder service to drive international

Oman Shipping Company (OSC) is launching a new freight service linking all Omani ports to the United...

Port of New York and New Jersey Eyes Long-Term Growth Strategy

**The Port Authority of New York and New Jersey has launched steps aimed at charting its growth path...

Hanjin Shipping, PIL engage in slot swap on Red Sea/Middle East services

**HANJIN Shipping is to exit the Far East-Red Sea RES service that it jointly operates with CMA CGM,...

Wan Hai Surpasses Maersk in Profit

**The Taiwanese carrier Wan Hai takes the plaudits with carriers’ operating profit margins according...

Port of Zeebrugge loses major container service

**“The Ocean3 Alliance’s AEC1/AEX1/FAL8 service, which dropped a call at Zeebrugge, had the largest...

Adani-operated Hazira Terminal in India doubles annual throughput

The volume of containers handled by Adani Hazira Container Terminal, a privately-operated alternativ...

Eurogate records 13% rise in net operating profit

German terminal operator Eurogate has announced that it recorded a 13% rise in its 2015 net operatin...

Hapag-Lloyd: Mediterranean Canada Service (MCA) – Improved Port Coverage

Hapag-Lloyd will further enhance the Mediterranean Canada Service effective May 2016.

We are pl...

Hapag-Lloyd: Mediterranean Pacific Service (MPS) – Tacoma, Washington – Change of Terminal

Hapag-Lloyd informs about a terminal change.

Please be advised that our MPS service will change...

South Korea’s three main shipyards struggle with sharp drop in new orders

South Korea’s three main shipbuilders are continuing to struggle for survival as the recession in th...

MSC introduce ‘Lone Star Express’ and ‘Amberjack’ to the Transpacific trade

MSC is pleased to announce a new service called the ‘Lone Star Express’ which will operate between A...

APM Terminals announces new port investment in the Kingdom of Morocco

**Port operator APM Terminals to develop a new transshipment terminal in Tangier with an annual capa...

SIPG full year profit down 3% to $1bn

Shanghai International Port (Group) Co (SIPG) has posted a net profit of RMB6.56bn ($1.01bn) for 201...

Cosco and PSA ink mega terminal deal

Joint venture firm to invest in three new mega container berths in Pasir Panjang Terminal

Singa...

Creditors agree to HMM debt extension

**“The Korea Development Bank and other lenders have agreed to give the Korean shipping conglomerate...

Writebacks help Cosco Pacific to 30% rise in 2015 profit to $382m

Major Chinese port operator Cosco Pacific saw 2015 full-year net profit rise by 30% to $381.6m on th...

Hanjin Shipping sells London property for $57m to raise cash

South Korea’s Hanjin Shipping announced that it has sold its London office for KRW66.7bn ($57.2m) as...

Port of Boston authorized to begin harbor dredging

**“The Massachusetts Port Authority on Thursday authorized staff to execute a Project Partnership Ag...

CMA CGM now owns over 5% of takeover target NOL

CMA CGM now owns over 5% of takeover target Neptune Orient Lines (NOL).

Continuing almost daily ope...

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