CMA CGM Vela is the first mega-box ship to berth at Korfakkan Container Terminal (KCT) totalling a 11,660 TEU capacity and an overall length of 347.5 metres and breadth of 45.20 metres. KCT operator, Gulftainer, welcoming ceremony on the 5th wharf included the crew of the ship for the largest vessel in the CMA-CGM shipping line, reported WAM, Em...
CHINA's State Council has given approval to Chongqing to set up a free trade zone at its Cuntan Port Area, Xinhua reported. The facility will occupy 8.3 square kilometres and be separated into two functional areas respectively for ocean shipping and air transport. The ocean shipping area will cover an area of six square kilometres. The...
THE chairman and managing director of Iran-based NITC, one of the world’s largest independent tanker operators, has called for a stepping up of the international effort to tackle the scourge of piracy in the Gulf of Aden and off the coast of Somalia, where there have been more than 100 attempted attacks this year. Speaking in Dubai at the Seatrad...
Two of the main shareholders in Nordic Tankers A/S, Mogens Buschard and Hasse Larsen, demand an extraordinary general assembly in order to elect a new board of directors to replace the team that was appointed by Steen Bryde at the hostile take-over in April. The shareholders have suggested six names for the new board of directors. They are: Klaus Kjæ...
The advisory board of German carrier Hamburg Sud has named Ottmar Gast to chairman of the executive board beginning Jan. 1. Gast, deputy chairman, will succeed Klaus Meves in a long-planned move. Meves is retiring at the end of the year. Meanwhile, Arndt Vespermann on Jan. 1 will join the executive board as its fourth member, serving a...
General Maritime Corp. and Arlington Tankers Ltd. said their shareholders approved a merger of the two companies at separate shareholder meetings Tuesday. The combined company will operate under the General Maritime name and is slated to begin trading on the New York Stock Exchange under the GMR ticker symbol today. Arlington shareholders were to ...
CMA CGM said it is eliminating one of its Asia/Europe services and adjusting other strings as part of an effort to rationalize CMA CGM network in order to adjust to the current market demand. The company said it would temporarily suspend the FAL4 service in which China Shipping participates. It said it will accelera...
Taiwanese container line Evergreen Marine launched a new North China/Taiwan service (HBT) yesterday that will ply the Taiwan Strait and link Kaohsiung with Xingang, Dalian and Qingdao. Guests at the ribbon cutting ceremony witnessed the departure of the 1200 TEU Uni-Adroit from Kaohsiung, heading directly to the Chinese port of Xingang. The servi...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi