News

Shreyas Shipping to start container service linking ports on East, West coasts

MUMBAI, JULY 30: Shreyas Shipping and Logistics Ltd said on Tuesday that it will start two new c...

CSCL Places USD 934 Million Order for Eight 13,500 TEU Boxships

**Shanghai-listed China Shipping Container Lines (CSCL) has placed an USD 934.4 million order with S...

New Qatar container port to relieve congested Doha

**Work on the New Port Project at Al Wakrah, Qatar, is rapidly progressing towards completion as the...

Suez Canal: an inevitable route for the CMA CGM Group

The New Suez Canal will be inaugurated on August 6th by the President of Egypt Abdel Fattah Al-Sisi,...

APM Terminals: on the Suez Canal Expansion

**The Suez Canal Container Terminal, located east of the northern entrance of the Suez Canal, at the...

APM Terminals: Gioia Tauro, Italy Share Sale

Gioia Tauro, Italy – APM Terminals has divested its 33% ownership interest in the Medcenter Cont...

APM Terminals Enters Colombia – invests in South America’s second busiest container port

USD $200 million investment in upgrades and equipment to handle post-Panamax vessels

**Bogotá,...

Maersk Line: AE9 Service to be replaced by seasonal deployment

Maersk Line would like to announce that the AE9 service will be phased out and replaced by a seasona...

Maersk Line reports a satisfactory first half-year 2015 result

**“I am satisfied with our first half year result. Our strong financial performance is the result of...

Lines set to pick up on Iran trade potential

With the recent lifting of economic and trade sanctions on Iran, a number of international container...

Global Ports Investments PLC appoints Vladislav Baumgertner as Chief Executive Officer

Global Ports Investments PLC (“Global Ports”, and together with its subsidiaries and joint ventures,...

Ocean3 makes major adjustments to Asia-Europe loops

**“CMA CGM, UASC and CSCL, members of the Ocean3 Alliance, have added vessels and increased total ro...

DP World Expects Second-Half Growth Rate to Moderate Amid Rout

DP World, one of the world’s biggest port operators, expects growth rates in the second half to “mod...

Gulftainer Appoints New Head for International Operations

Veteran industry professional will lend his experience to drive Gulftainer’s global expansion

G...

Second-Quarter 2015 Results: CMA CGM continues to show strong and profitable growth

**• Solid financial and operating performance
• Quarterly net profit up a sharp 67%
• Above-mark...

APM Terminals Signs Agreement to Acquire Grup Maritim TCB and its 11 Container Terminals

  • **The transaction represents new capacity of 4.3 million TEUs with facilities in Spain, Turkey, Gu...

APMT expands its Spanish portfolio with takeover of terminal operator Grup TCB

**APM Terminals is set to cement its position as the largest terminal operator in Spain after it ann...

China COSCO Orders Container Ships for $1.5 Billion to Cut Costs

**China COSCO Holdings Co., one of the nation’s biggest shipping companies, agreed to have 11 new co...

Rotterdam World Gateway celebrates official opening

Today, RWG celebrated its official opening. In addition to the spectacular show, the program feature...

BWR: Maersk Line terminates Mediterranean-Middle East loop

**“Data from BlueWater Reporting illustrates how the termination of the ME5 service will decrease th...

Twelve Maersk Line vessels to be managed by E.R. Schiffahrt and Bernhard Schulte

**Maersk Line has signed a contract with E.R. Schiffahrt and Bernhard Schulte, two experienced suppl...

Ocean Three to remove Asia-Europe Capacity

The first major move to reduce weekly capacity by the carriers involved in the Asia/Europe trades is...

Bayonne Bridge construction set back by two years, NJ Port Authority announces

BAYONNE — Construction on the Bayonne Bridge “Raise the Roadway” project has been set back by tw...

Maersk Line adjusts Mediterranean-Middle East loops

“The Danish ocean carrier will alter its ME2 and ME3 loops between the Mediterranean and the Middle East and Indian Subcontinent this month.” For more details, please see the original article at American Shipper. Source: American Shipper

Hapag-Lloyd: Service Improvement on North Europe-Montreal (Canada) Trade

Hapag-Lloyd informs about a service improvement.

We are pleased to inform you that for the bene...

MSC: North Atlantic Service to/from Canada – Schedule changes

**Improvement in our North Atlantic service to and from Montreal with a change in rotation of the Mo...

Santos Brasil Signs US$324m Expansion Plan

After two years of lobbying Santos Brasil signs up for US$324m expansion plan

After the longest...

DSV agrees to acquire UTi Worldwide Inc

*The DSV Group (“DSV”) today signed an agreement to acquire US based UTi Worldwide Inc. (“UTi”). UTi...

PSA Lays Foundation Stone for New Container Terminal in Mumbai, India

Bharat Mumbai Container Terminals Private Limited (BMCT), a wholly-owned subsidiary of PSA Bharat In...

APM Terminals Invests in New Infrastructure in Italy at Savona-Vado on the Ligurian Coast

EUR 150 million investment planned.

4 STS Cranes and 14 ARMGs ordered for Spring 2017.

**N...

Hanjin Shipping looks at selling stake in Busan terminal

**South Korean carrier Hanjin Shipping is looking at selling its stake in its Busan terminal operati...

UNCTAD: Good news, for some: Growth and concentration in maritime transport

Our UNCTAD [Review of Maritime Transport 2015](http://unctad.org/en/pages/PublicationWebflyer.aspx...

The world’s commercial shipping fleet grew at lowest rate in 10 years in 2014 – new UNCTAD data

UNCTAD/PRESS/IN/2015/009
Geneva, Switzerland, (14 October 2015)

​The world’s commercial fleet...

Maersk Line announces seasonal update to transatlantic product

**In our continuous efforts to support our customers, Maersk Line can announce a seasonal adjustment...

APM Terminals Signs Agreements to Acquire 100% of Grup Maritim TCB

  • Transaction valued at USD 1 billion
  • **Agreements with minority shareholders (39%) now signed...

‘We don’t want others to leapfrog us’: Maersk CEO

**The shipping industry might be suffering a tough period of overcapacity but chief executive of oil...

APM Terminals Moin Prepares to Expand Costa Rica’s Refrigerated Export Capabilities

  • ****Six new STS cranes and 29 RTGs on order to serve the deep-water Moin Container Terminal, openi...

Maersk Line – Network optimisation on the Asia – Mediterranean trade

**As a result of market circumstances, we are merging the AE3 and AE15 services, covering the Asia –...

UASC closes in on another $1bn order

Fast-growing United Arab Shipping Co (UASC) is in advanced negotiations with Korean yards for anothe...

Hapag-Lloyd: Temporary Service Suspension – Atlantic Express 4 (AX4) – Alternate Port Pair Coverage

Hapag-Lloyd informs about service changes effective November 2015.

In response to seasonal chan...

APM Terminals Izmir Prepares for 2016 Opening

**Final deliveries of remaining STS cranes and RTGs scheduled for December for 1st Quarter 2016 ope...

2M Cuts Asia-Med Capacity

**Maersk Line and MSC are to suspend their direct Far East – Black Sea ‘AE-3/Great Sea’ service, whi...

UTi shareholder rejects DSV offer

**Sterling Capital Management claims US$1.35bn offer ‘grossly undervalues’ the US forwarding and log...

The Maersk Group adjusts expectations for the 2015 result

**As a consequence of the deteriorated market, the Group today adjusts its expectation for the 2015...

MSC, Maersk scrap Far East-Black Sea service on low demand

**MEDITERRANEAN Shipping Co. (MSC) and Maersk are to cease a service between Asia and Black Sea port...

Hyundai Heavy Industries books $400m loss in Q3

**South Korea’s Hyundai Heavy Industries (HHI) has reported a huge loss of KRW451.4bn ($398.47m) for...

Trans-Atlantic Trade – Atlantic Express 1 (AX1) Adding port call to Savannah

**We are pleased to announce the service upgrade in the Atlantic Express 1 (AX1) service by adding a...

UASC appoints new leadership to North America organization

**United Arab Shipping Company (UASC) announced today the appointment of Stuart Sandlin as President...

Cosco Pacific sees profits decrease during third quarter

For the three months ended 30 September 2015, profit attributable to equity holders of the Company d...

DP World handled 46.5 million TEU in the first nine months of 2015

[![151027 - DP-World-Jebel-Ali-Port-BIG](https://app.eesea.com/news/wp-content/uploads/151027-DP-Wor...

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