New CEO for Evergas
Mr. Jacobsen joined Evergas 1 February 2015 as Vice President, Fleet after almost 35 years in Maersk. He brings a wealth of leadership experience in both commercial and technical management…
NCSP Group Cargo Traffic Up 6% in Q1 2015
Novorossiysk Commercial Sea Port Group (NCSP Group or the Group) (LSE: NCSP, Moscow Exchange: NMTP) reports that Group’s consolidated cargo turnover in Q1 2015 increased…
Naming Ceremony of Evergreen's EVER LYRIC
Evergreen Group today held the naming ceremony for EVER LYRIC, the eighth of its L-type vessels built by CSBC Corporation in Taiwan. The ceremony took place at CSBC's…
China Snubs G7 Declaration on Sea Row
China has urged relevant countries to do more that are conducive to regional peace and stability. Foreign Ministry spokesman Hong Lei made the remarks when asked…
Liner Service Reliability Jumps to 64%
According to Drewry Supply Chain Advisors, liner shipping service reliability on the three East-West trades showed an aggregate on-time performance of 64% in March - a five-month high.
Chinese Submarine to Pakistan: Raising Nuclear Tensions in South Asia
Pakistan, a country plagued by economic and political insecurity, to conclude the deal of eight conventional submarines during Chinese President Xi Jinping's visit to Islamabad on Monday (April 20)…
Shipping is Cutting CO2 Emissions
London-based shipping advisors Drewry Supply Chain Associates said that shipping liner operators have made significant inroads into cutting CO2 emissions. Containership…
Suezmax Tankers Bullish
Global fixture activity for suezmax crude tankers rose in the first quarter by 5% year on year, with most of the activity coming out of West Africa. Suezmax fixtures out of the Caribbean rose by 48%…
Seaspan Takes Delivery of New Containership
Seaspan Corporation (SSW) has accepted delivery of a 14000 TEU containership, the YM Wellhead. The new containership, which was constructed at Hyundai Heavy Industries Co.…
'Make in India’ - the Newbuzzword in Indian Shipping Sector
The government is aggressively promoting the adoption of ‘Make in India’ campaign including the shipping and port sectors. The Ministry is aiming to raise cargo…