All Shipping articles – Page 146
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News
“K” Line ups Thailand-Australia link
November 25 - “K” Line (Kawasaki Kisen Kaisha) has enhanced its ro-ro service in the Thailand-Australia trade by commencing a new anti-clockwise route in addition to its existing clockwise trade lane.
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Korea Line gains Hanjin operation
November 25 - South Korean bulk carrier Korea Line - which is owned by the Samra Midas (SM) Group - has acquires the Asia-USA operation of bankrupt Hanjin Shipping.
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Eye-watering loss for Nord/LB
November 25 - German state bank Nord/LB, the country's second-largest ship financer, revealed a further decline in results on Thursday and indicated that its full-year losses would surpass an eye-watering EUR1 billion (USD1.05 billion).
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EC green lights Hapag-Lloyd and UASC merger
November 25 - The European Commission has approved the merger between Hapag-Lloyd and UASC - subject to certain conditions, including the latter withdrawing from the North Atlantic trade.
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Scandinavian Shipping promotes Sundblad
November 23 - Pär Sundblad has been appointed managing director of Scandinavian Shipping & Logistics.
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BIMCO adopts ship financing term sheet
November 23 - BIMCO's Documentary Committee has approved a standard term sheet for use in ship financing transactions.
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Blue Water delivers to White Rock
November 22 - Blue Water Shipping has coordinated the first shipment of wind turbines for the White Rock wind farm in New South Wales from China to the Port of Newcastle in Australia.
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ITS reels it in
November 21 - ITS International Transport & Shipping has coordinated the shipment of 15 cable reels to Jebel Ali in the UAE.
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ITIC warns over misread tariffs
November 22 - According to the International Transport Intermediaries Club (ITIC), the misreading of tariffs in shipping documentation is a common cause of costly claims.
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TRACE extends RightShip partnership
November 16 - TRACE International has extended its partnership with RightShip - a provider of a comprehensive online maritime safety and environmental risk management system - to support anti-bribery compliance in the maritime industry.
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Making the most of the downturn
November 16 - GAC Group president Bengt Ekstrand noted during a recent managers' conference that the company is pushing for greater innovation and flexibility in order to cope with turbulent global markets, and has maintained a solid balance sheet despite
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GAC adds Indian manager
November 16 - GAC Shipping (India) has appointed C Krishnakumar as general manager, logistics services for its Chennai office.
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Hapag-Lloyd ups profit
November 14 - Hapag-Lloyd has closed the third quarter of 2016 with a net profit of EUR8.2 million (USD8.7 million), compared with EUR3.2 million (USD3.4 million) in the same period of 2015.
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GAC wins SHL contract
November 14 - GAC UK has been appointed by Seaway Heavy Lifting (SHL) to provide shipping services support for the construction and installation of 84 new turbines as part of a major wind farm expansion project in the UK, which will increase generating ca
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Two of seven for Wagenborg
November 11 - Dutch shipowner and operator Wagenborg has taken delivery of Leuvediep (the second of seven vessels it is obtaining from compatriot shipping company, Feederlines) and renamed the ship, Leuveborg.
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Proctor up at OMA
November 11 - OMA Group has appointed Neale Proctor as sales and commercial director, with immediate effect.
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GAC Pindar teams up with World Sailing
November 11 - GAC Pindar has signed a memorandum of understanding to be the exclusive marine logistics and shipping partner of World Sailing until December 31, 2020.
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Results down for Wilhelmsen
November 11 - Wilh. Wilhelmsen Holding (WWH) has reported a decrease in total income and operating profit compared with the previous quarter. During the quarter, the group made significant steps towards restructuring its shipping, logistics and maritime s
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Revenues decline at Rickmers
November 11 - Rickmers Group generated consolidated revenues of EUR373.6 million (USD406.1 million) in the first nine months of 2016 - a 15 percent decline compared with the same period of 2015.
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Carisbrooke and Nova join forces
November 11 - The flurry of consolidation in the shipping industry continues with news that Carisbrooke Shipping and Nova Marine Carriers are combining their commercial short sea bulk activities, with effect from January 1, 2017.