Container carriers are returning their operations to Iran following the deal with P5 +1 powers on lifting of nuclear sanctions against the country. Under the deal, sanctions against Iran’s oil export industry are to be lifted in exchange for additional restrains on the country’s nuclear program. How
Opting for a job at sea may turn out to be rewarding at times as it offers the opportunity to venture out into the open seas and get to know the world. However, seafaring is not an easy task as seamen face various challenges on daily basis, including various types of incidents at sea that […]
Opting for a job at sea may turn out to be rewarding at times as it offers the opportunity to venture out into the open seas and get to know the world. However, seafaring is not an easy task as seamen face various challenges on daily basis, including various types of incidents at sea that […]
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
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,
Container service reliability made another steady improvement in June with the aggregate on-time performance for the three key East-West trades rising by 5.7 percentage points to extend the data-series record to 77.3%, according to Drewry’s Carrier Performance Insight. The latest on-time month-on-mo
