Shipping news – Page 133
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NewsDFDS acquires U.N. Ro-Ro
Danish shipping and logistics group DFDS has acquired 98.8 percent of the shares in Turkey's U.N. Ro-Ro, for approximately EUR950 million (USD1.7 billion).
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NewsFesco adds to fleet
Fesco has increased the tonnage on its container service between Vladivostok and Sakhalin in Russia with the acquisition of the 511 teu general cargo vessel, Fesco Nevelsk.
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NewsMEPC 72 kicks off in London
The International Maritime Organization's Marine Environment Protection Committee (MEPC 72) meeting is now under way at the IMO headquarters in London, discussing the adoption of an initial greenhouse gas (GHG) reduction strategy.
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NewsCosco's OOCL acquisition on track
Cosco Shipping's planned acquisition of Orient Overseas Container Line (OOCL) is on track to be completed by the end of June, according to Reuters.
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NewsShipping weighs on Grieg
In reporting its annual results for 2017, the Grieg Group indicated that an increased loss at Grieg Star, was only partly offset by improved results within its seafood and investment activity arms.
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NewsBroekman connects A2B
A2B-online has launched a shortsea service from the Broekman Distriport terminal in Rotterdam to PD Ports in Teesport, UK.
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NewsFinnlines extends Bilbao service
In cooperation with DFDS, Finnlines has extended its Spain-Sweden service to Scotland, with the addition of roundtrip sailings between Bilbao and Rosyth.
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NewsONE names senior executives
Ocean Network Express (ONE), the joint venture of Kawasaki Kisen Kaisha ("K" Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK Line), has appointed five senior executives.
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NewsMultipurpose shipping is ripe for recovery
The multipurpose shipping sector is forecast to recover further in 2018 after starting the year on a confident footing, according to the latest edition of the Multipurpose Forecaster and Annual Review, published by global consultancy Drewry.
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NewsMeyer steps up at UTC
UTC Overseas has appointed Hans J. Meyer as ceo, succeeding Brian Posthumus.
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NewsHöegh increases Oceania service
Höegh Autoliners has increased its direct services to Australia and New Zealand from the USA and Mexico to two sailings per month.
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NewsHapag-Lloyd restructures management
Hapag-Lloyd has appointed Joachim Schlotfeldt as a member of the executive board and announced that Thorsten Haeser, chief commercial officer, will step down from his role.
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NewsShipping confidence hits four-year high
In the three months to end-February 2018, shipping confidence reached a four-year high, according to international accountant and shipping adviser Moore Stephens.
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NordLB in privatisation talks
Reports in the German media suggest that the owners of Hannover-based NordLB are in talks regarding the business model of the public-sector bank, and are considering the possibility of selling to private investors.
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NewsSAL introduces service to Africa
SAL Heavy Lift will introduce a regular semi-liner service linking West, South and East Africa with Northern Europe, the Middle East Gulf and the Indian Subcontinent.
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NewsCompromise needed for IMO strategy
The International Chamber of Shipping (ICS) has urged governments to compromise in order to help the International Maritime Organization (IMO) agree on a strategy for the further reduction of CO2 emissions in the shipping industry.
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NewsBoluda names agents
Boluda Corporación Marítima, the Spanish shipping company, has appointed a number of shipping agents operating in Belgium, France, Germany, the Netherlands and the UK.
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Steel tariffs threaten global shipping
The Baltic and International Maritime Council (BIMCO) has warned that while the USA's metals tariff will have a limited impact on most international bulk trades, it could have a negative impact on global shipping.
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NewsVaramar triumphs with new beaux
Vertom Shipping has appointed Odessa-headquartered Varamar as its commercial agent for two of its 7,200 dwt geared vessels - Beautriumph and Beautrophy.
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NewsMultipurpose rates continue to rise
The multipurpose shipping sector has seen a further rise in time charter rates over the last month, according to the latest data from shipbroker Toepfer Transport.