July 31 - South Korean shipping line, Pan Ocean, completed its court ordered rehabilitation plan on July 30, 2015.
The shipping line, which was purchased by Harim Group in a KRW1.08 trillion won (USD970 million) deal during June, has undergone major restructuring since entering into receivership in June 2013. Pan Ocean, formerly STX Pan Ocean, has now satisfied the Seoul Central District Court that it can repay its creditors.
Dortmund-based heavy transport provider August Alborn has purchased two EuroCompact lowbed semi-trailers from TII Scheuerle.
Mammoet is deploying its 3,200-tonne capacity PTC210-DS ring crane to lift a huge A-frame for Van Oord’s installation vessel Svanen in Rotterdam, the Netherlands.
Shanghai Shipbuilding Research and Design Institute (SDARI), in collaboration with DNV and Toepfer Transport, has developed two state-of-the-art multipurpose vessel designs: Octopus 12.6 and Octopus 12.
Colonel’s Island Terminal at the USA’s port of Brunswick had its busiest month ever for ro-ro cargo during March 2024 handling 77,236 units, an increase of 21 percent over the same month of last year.
Wallenius Wilhelmsen has joined global public-private partnership the First Movers Coalition (FMC), which is working to scale the most critical, emerging climate technologies required to decarbonise the world’s heavy-emitting sectors.
Total cargo throughput of the port of Antwerp-Bruges amounted to 70.4 million tonnes in the first quarter of 2024, an increase of 2.4 percent compared to the same period last year, with container throughput increasing and the general cargo sector showing signs of recovery.
