Taiwanese carrier Wan Hai Lines has beaten Danish container shipping giant Maersk, taking the lead as the most reliable carrier, according to SeaIntel’s Global Liner Performance Report for May 2015. Wan Hai moved from third place to first, putting Maersk Line into second place in the survey that che
Taiwanese carrier Wan Hai Lines has beaten Danish container shipping giant Maersk, taking the lead as the most reliable carrier, according to SeaIntel’s Global Liner Performance Report for May 2015. Wan Hai moved from third place to first, putting Maersk Line into second place in the survey that che
DP World Limited handled 30.6 million TEU across its global portfolio of container terminals during the first half of 2015, with gross container volumes hike of 4.1% on a like-for-like basis. On a reported basis gross volumes grew by 4.2%, Dubai-based terminal operator said. Growth in the first half
DP World Limited handled 30.6 million TEU across its global portfolio of container terminals during the first half of 2015, with gross container volumes hike of 4.1% on a like-for-like basis. On a reported basis gross volumes grew by 4.2%, Dubai-based terminal operator said. Growth in the first half
Qatar Navigation (Milaha) Q.S.C. delivered a net profit of QAR 651 million (around USD 179 million) for the first half of 2015, a 26% increase in profitability compared to the first half of 2014. Operating revenues increased by 22% to QAR 1.51 billion for the half year ended June 30, 2015, up from Q
Qatar Navigation (Milaha) Q.S.C. delivered a net profit of QAR 651 million (around USD 179 million) for the first half of 2015, a 26% increase in profitability compared to the first half of 2014. Operating revenues increased by 22% to QAR 1.51 billion for the half year ended June 30, 2015, up from Q
DP World Chairman HE Sultan Ahmed Bin Sulayem, announced today the start of construction work on a brand new container terminal at Jebel Ali Port, Dubai. Phase 1 of the Container Terminal 4 (T4) project will deliver new capacity of 3.1 million TEU (twenty-foot equivalent units) by 2018, taking Jebel
The vessel sharing alliance between Maersk Line, part of Denmark’s A.P. Moller-Maersk, and Swiss firm Mediterranean Shipping Co (MSC) has secured clearance from the United States Federal Maritime Commission (FMC) to expand its services on U.S. trade lanes connecting to Israel, Russia and Saudi Arabi
The vessel sharing alliance between Maersk Line, part of Denmark’s A.P. Moller-Maersk, and Swiss firm Mediterranean Shipping Co (MSC) has secured clearance from the United States Federal Maritime Commission (FMC) to expand its services on U.S. trade lanes connecting to Israel, Russia and Saudi Arabi
The first three cargo ships passed through the New Suez Canal on July 25 in a test-run prior to the official inauguration of the USD 8 billion waterway set for August 6. The first three ships to sail the New Suez Canal were an American container ship en route to Saudi Arabia from Egypt’s Port Said,
The first three cargo ships passed through the New Suez Canal on July 25 in a test-run prior to the official inauguration of the USD 8 billion waterway set for August 6. The first three ships to sail the New Suez Canal were an American container ship en route to Saudi Arabia from Egypt’s Port Said,
National Marine Dredging Company (NMDC), together with other members of the Challenge Consortium (Jan De Nul, Boskalis and Van Oord), has announced the completion of the New Suez Canal project following its successful trial run on Saturday, July 25. A total of six container ships from around the
Seabed Geosolutions, a joint venture between Fugro and CGG, has secured two new contracts with a total worth of approximately $180 million. The company will soon mobilise for the variation order that was signed today, July 27, 2015, by Abu Dhabi National Oil Company (ADNOC) with CGG to conduct a sha
The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, and Eni’s CEO, Claudio Descalzi, have signed an update to the Head of Agreement signed in March 2015. The update was signed on Friday, July 24, 2015, in the presence of the Prime Minister of Egypt, Ibrahim Mahlab, and the Itali
