All Shipping articles – Page 138
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Chinese shipping line rebrands
December 8 - Heavy lift and project cargo shipping line, Cosco Shipping Company Limited (Coscol) has officially changed its name to Cosco Shipping Specialized Carriers Co Ltd, during a ceremony attended by more than 200 people.
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Get connected to build trade
December 8 - The International Air Transport Association (IATA) released a study identifying a quantitative link between a country's air cargo connectivity and its participation in global trade.
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Airfreight demand picks up pace
December 8 - The International Air Transport Association (IATA) released data for global air freight markets in October 2016 showing that demand, measured in freight tonne kilometers (FTKs), rose 8.2 percent year-on-year in October, the fastest pace of gr
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GAC-SMHI targets vessel safety
December 7 - GAC-SMHI Weather Solutions has been working with the European Union to improve weather routing and vessel monitoring.
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Orchid ships crusher plant
December 7 - Orchid Shipping has shipped a soybean crusher plant to Alexandria, Egypt from Mumbai, India on behalf of Oilex.
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Devereese joins UK P&I Club
December 6 - The UK P&I Club has appointed George Devereese as loss prevention advisor in London, UK.
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Maersk to buy Hamburg Süd
December 1 - Maersk Line has reached an agreement to purchase German container shpping line Hamburg Süd from the Oetker Group.
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Hamburg Süd: up for sale?
November 30 - In response to international business media reports that German shipping line, Hamburg Süd is for sale, industry consultant Alphaliner suggests that a high price tag could deter potential buyers.
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TransAtlantic to be discontinued
November 29 - Viking Supply Ships has decided to discontinue the remaining operations of its subsidiary TransAtlantic in order to meet financing commitments.
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Rigmarine opens in Aberdeen
November 29 - Lifting and marine product specialist Rigmarine has opened its fourth global facility in Insch to the northwest of Aberdeen, Scotland.
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First for WWL in Japan
November 28 - Wallenius Wilhelmsen Logistics (WWL) claims to have become the first ro-ro shipping company to transport breakbulk cargo weighing over 92 tonnes from Japan to the USA.
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HSH meets potential buyers
November 28 - Reports on the Reuters website, suggest that German bank HSH Nordbank has been meeting with potential buyers in London ahead of its planned privatisation next year.
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“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.