John Good Shipping is inviting its customers to explore its new website. The new website has been designed to provide a user-friendly experience with improved navigation and functionality throughout, plus the addition of a useful content hub where customers can learn more about the shipping and logistics industry. Alan Platt,… Read more »
Stena Line to strengthen freight network on North Sea between Rotterdam and UK
Earlier this year Stena Line announced the increase to their freight capacity on the route Rotterdam (Europoort) to Harwich January 2018 by replacing the current two RoRo vessels by two larger ships. Stena Line now announces their plans to also increase capacity on the route Rotterdam-Killingholme in January 2018. Stena… Read more »
Maersk ships off tanker unit in $1.2billion sale
A.P. Moller – Maersk has signed an agreement to sell Maersk Tankers to APMH Invest A/S, a subsidiary of A.P. Moller Holding, for $1.2bn in an all-cash transaction. The transaction entails a market upside provision regulating total payment should the product tanker market significantly improve with a rebound in vessel… Read more »
Exciting plans for removals firm as it celebrates a decade in business
A Midlands-based international removals firm has said it plans to expand its business after posting record turnover of £6.8 million in its tenth year. Movecorp has enjoyed phenomenal growth since its inception with its workforce expanding from three employees to more than 100 in the last decade and turnover growing by £2.2 million… Read more »
COSCO SHIPPING Holdings and SIPG jointly offer to acquire OOIL combination creates a global leader
COSCO SHIPPING Holdings Co. Ltd. (“COSCO SHIPPING Holdings”; SHA: 601919; HKEx: 1919), a majority owned subsidiary of China COSCO SHIPPING Corporation Ltd, Shanghai International Port (Group) Co., Ltd (“SIPG”; SHA: 600018) and Orient Overseas (International) Limited (“OOIL”; HKEx: 0316) today jointly announced that COSCO SHIPPING Holdings and SIPG have made a pre-conditional voluntary general offer (“Offer”) to all shareholders of OOIL to… Read more »
Joint container shipping venture to be called Ocean Network Express
Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha have announced that their new joint venture (JV) will operate under the tradename “Ocean Network Express.” The establishment of this new JV, which will integrate the three companies’ container shipping businesses (including worldwide terminal operation businesses, excluding… Read more »
“K” Line Group to Merge Two Ship Management Companies
Kawasaki Kisen Kaisha Ltd. (“K” Line) takes pleasure in announcing that two of its subsidiaries, Taiyo Nippon Kisen Co., Ltd. and Escobal Japan Ltd. will be merged on July 1, 2017 and tentatively scheduled to be renamed ”K” Line RORO and Bulk Ship Management Co., Ltd. on April 1, 2018…. Read more »
Maersk Line and Hamburg Süd sale and purchase agreement approved
On 1 December 2016, Maersk Line announced its intention to acquire Hamburg Süd, the German container shipping line, and on 14 March 2017, Maersk Line announced the signing of a sale and purchase agreement with the Oetker Group, owner of Hamburg Süd. Today, the sale and purchase agreement for Maersk… Read more »
Port of Felixstowe welcomes new ‘North Europe Turkey Express’ (NET) service
The Port of Felixstowe has welcomed the first call of a new service connecting North Europe and Turkey. Known as the ‘North Europe Turkey Express’ (NET), the new weekly service is jointly operated by Cosco Shipping and OOCL. The first call for the new service was made at the UK’s… Read more »
It’s official – ping pong balls are no longer dangerous!
The issue has gone back and forth across the table and now UN chiefs have decided that ping pong balls should no longer be classified as dangerous goods. The balls, which are made of celluloid or similar flammable plastics, were on the list of goods included in ADR regulations for the International Carriage of Dangerous Goods… Read more »
