News
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APM Terminals Completes Acquisition of Grup Maritim TCB

The Hague, Netherlands – APM Terminals has completed the USD 1 billion acquisition of Spanish Gr...

by APM Terminals press release

DSME to let go of 12,000 staff

**Financially struggling Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) will slash its...

by Splash 24/7

Port of Mombasa Gets Second Container Terminal

The Port of Mombasa has boosted its container handling capacity by 50 percent following the completi...

by Kenya Ports Authority website

Global Ports Investments 2015 Full Year Results

**Global Ports Investments PLC (“Global Ports” or the “Company”, together with its subsidiaries and...

by Global Ports Investments press release

DP World to set up Indian holding company with IPO in mind

Dubai terminal operator DP World has been allowed by New Delhi to open an Indian holding company for...

by Splash 24/7

MSC changes terminal in Umm Qasar

**MSC is pleased to announce a change of terminal provider in Umm Qasr. Effective from 20th March 20...

by MSC customer advisory

Evergreen feud takes off as Chang Kuo-wei removed as EVA Airways chairman

**The succession war at Evergreen Group continues to escalate as Chang Kuo-wei, the youngest son of...

by Splash 24/7

Panama Maritime Authority tables ship financing bill

**Alvaro Aleman Minister of the Presidency and chairman of the board of directors of the Panama Mari...

by Seatrade Maritime News

Port of Sohar expands container terminal

The Port of Sohar is expanding with four new post-panamax quay cranes for its Oman International Con...

by Seatrade Maritime News

Yang Ming to Bolster Ties with RCL

**Taiwanese carrier Yang Ming Marine Transport Corp has partnered up with Thai counterpart Regional...

by World Maritime News

Jakarta now seen partly funding West Java port project from State budget

**In a somewhat confusing policy flip flop, local media reported that the Indonesian government is s...

by Seatrade Maritime News

China Merchants appoints Zhao Huxiang as vice president

**China Merchants Group has announced that it has appointed Zhao Huxiang, president of Sinotrans & C...

by Splash 24/7

More space for container trade growth through Melbourne with DP World Australia expansion

**DP World Australia’s new 30,000 sqm Melbourne terminal expansion, at the former Bentley Chemplax s...

by DP World

NileDutch takes over Safmarine MPV

**NileDutch, the West Africa specialist containerline, has announced the acquisition of the Europe t...

by Splash 24/7

DP World announces strong financial results

PS grows 31% in 2015 driven by EZW acquisition and robust like-for-like growth

**Dubai, United...

by DP World press release

China Slowdown Not Holding Back Nicaragua Canal, Contractor Says

  • Construction of fuel terminal, wharf set to start in August
  • **HKND is considering debt and e...
by Bloomberg News

Islamic Republic of Iran Shipping Lines IRISL resumes its container liner service to Northern Europe

**With the call by the AZARGOUN in Hamburg on 17 March 2016, IRISL – Islamic Republic of Iran Shippi...

by Port of Hamburg press release

Seoul supports HMM restructuring

The PR firm working for Hyundai Merchant Marine (HMM) has contacted Splash to report that the South...

by Splash 24/7

CMA CGM bolsters West Africa position

**CMA CGM has dramatically built up its service offerings out of West Africa as well as rebranding m...

by Splash 24/7

PSA International Pte Ltd And Its Subsidiaries Results For The Year Ended 31 December 2015

[![Screen Shot 2016-03-21 at 12.30.11](https://app.eesea.com/news/wp-content/uploads/Screen-Shot-201...

by PSA press release

APMT prepares for Lázaro Cárdenas expansion

**“Global terminal operator APM Terminals said it’s moving forward with development of its new semi-...

by American Shipper

IRISL returns to Northern Europe as sanctions are lifted

**“The national maritime shipping line of Iran resumed calls to North Europe this week with its Euro...

by American Shipper

APM Terminal’s TEC2 Wrapping Up Phase 1

**The phase I of the USD 900 million semi-automated deep-water Lázaro Cárdenas Terminal 2 (TEC2) pro...

by World Maritime News

Possible détente reached in Evergreen succession battle

The succession war at Evergreen Group might end soon as Chang Kuo-wei, the youngest son of the late...

by Splash 24/7

Shipping Corp of India boss remains cautious

Shipping Corporation of India (SCI), the state-run line, has a very limited outlay for new vessels f...

by Splash 24/7

Hyundai Motor will not ride to HMM’s rescue

Hyundai Motor has steered clear of being drawn into any rescue package for ailing shipping line, Hyu...

by Splash 24/7

Evergreen, COSCO join Ocean3 Asia-Med loop

**“Ocean carrier Evergreen Line is joining the Ocean3 Alliance’s Phoenician Express/BEX2 as a vessel...

by American Shipper

DP World Eyes Piece of Russian Novorossiysk Container Terminal

**Dubai-headquartered port and terminal operator DP World and Russian Direct Investment Fund (RDIF)...

by World Maritime News

Australia launches bidding process for the Port of Melbourne

Australia’s Victoria state government has opened the bidding process for a 50-year lease of the Port...

by Container Management

Hapag-Lloyd delivers 114 million Euro net profit in a challenging market environment

**Synergies, Cost-cutting programme and a more competitive fleet ensure successful year / Hapag-Lloy...

by Hapag-Lloyd press release

ACP Sets Inauguration Date for New Panama Canal

The Panama Canal Authority (ACP) announced Wednesday that the long-delayed inauguration of the Panam...

by Maritime Executive

ZIM Q4 and Annual 2015 Results

Generated Adjusted EBITDA of $217 million, an 87% Increase over 2014

**Recorded an Operating Pr...

by Zim Intergrated Shipping press release

CMA CGM to route ships on its PEX3 loop around Africa

**“The French ocean carrier appears to be participating in a recent trend by lines to skirt canal fe...

by American Shipper

Haniin Heavy and creditors agree new deal

South Korean shipyard Hanjin Heavy Industries & Construction will head into joint management with it...

by Splash 24/7

Chinese shipyard order volumes slump 75%

According to statistics released by China Association of the National Shipbuilding Industry (CANSI),...

by Splash 24/7

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...

by Seatrade Maritime News

Port of Boston authorized to begin harbor dredging

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

by American Shipper

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...

by Seatrade Maritime News

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...

by Seatrade Maritime News

Creditors agree to HMM debt extension

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

by American Shipper

Cosco and PSA ink mega terminal deal

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

Singa...

by Straits Times

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...

by Seatrade Maritime News

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...

by APM Terminals press release

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...

by MSC customer advisory

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...

by Seatrade Maritime News

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...

by Hapag-Lloyd customer advisory

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

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

We are pl...

by Hapag-Lloyd customer advisory

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...

by Container Management