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02 Jun 2016

DP World to Develop, Operate $442 mi hub in Somalia

DP World Group Chairman and CEO, Mr Sultan Ahmed Bin Sulayem has met the President of Somaliland, Mr Ahmed Mohamed Mahamoud, during a visit to the country following the signing of a term sheet agreement in Dubai earlier this month to invest in the multi-purpose Port of Berbera. Mr Bin Sulayem and senior executives from DP World were hosted in the Presidential Palace in the capital Hargeisa where they also met government ministers and officials including Foreign Minister, Dr Saad Ali Shire; Minister of Presidential Affairs, Mr Mahmoud Hashi; Minister of Finance, Ms Zam Zam Aden; Minister of National Planning and Development, Mr Ali Hussein Ismail and Minister of Trade and Investment, Mr Hussein Adan Igeh.

17 Nov 2005

CP Ships and Hapag-Lloyd Announce Australasian Service

Asia, the Mediterranean and North Europe via the Suez Canal. ships. via the Panama Canal. supports these services is expiring.

30 Sep 2002

Eagle is Landing for Contship Containerlines

Contship Containerlines will celebrate the 20th anniversary of its Eagle service between Europe and Australasia, by retiring the "Eagle" service brand name and strengthening the operation by incorporating it into the impending reconfiguration of its services in this trade. Contship Containerlines' Eagle service first started in May 1982 with a direct link between Mediterranean ports and Australia. In 1983, the service was expanded to include direct calls in the UK and Northern Europe. vessels were introduced and the rotation was expanded to include ports in the Far East. By 1991, seven new vessels of 1600 teu capacity replaced the previous tonnage and Noumea was introduced into the schedule.

15 Oct 1999

Chang, Bray To Receive 1999 Connie Awards

The 1999 Containerization & Intermodal Institute's Connie Awards will be presented to Evergreen Group Chairman Dr. Yung-fa Chang and J. Robert Bray, Executive Director of the Virginia Port Authority. The awards will be presented at an industry-wide luncheon Dec. 14, 1999 at the Marriott World Trade Center in New York. Both recipients were selected through an industry ballot. Group Chairman Chang is being honored for his leadership in founding and developing Evergreen into one of the world's largest container carriers with innovative round-the-world services serving every continent. Mr. Bray, recently installed chairman of the America Association of Port Authorities…

06 Jan 2000

Chang And Bray Receive 1999 Connie Awards

The 1999 Containerization & Intermodal Institute’s Connie Awards were presented to Evergreen Group chairman, Dr. Yung-fa Chang and J. Robert Bray, executive director or the Virginia Port Authority at an industry-wide luncheon at the Marriott World Trade Center in New York. Selected through an industry ballot, Chang was honored for his leadership in founding and developing Evergreen into one of the world’s largest container carriers with innovative round-the-world services serving every continent. Bray, recently installed chairman of the American Association of Port Authorities, is a lawyer who has spent more than an unprecedented 32 years in the port business, including service as VPA’s executive director since 1978.

23 Apr 2003

CP Ships Posts First Quarter Loss

CP Ships Limited announced an unaudited first quarter 2003 operating loss of $2 million before exceptional items, a $4 million improvement on the $6 million operating loss in first quarter 2002 and compared with $34 million operating income before exceptional items in fourth quarter 2002. Basic loss per share before exceptional items was $0.12 compared with last year’s first quarter loss per share of $0.14 and fourth quarter 2002’s earnings per share of $0.23 before exceptional items. loss was $21 million representing a basic loss per share of $0.23 compared with $11 million net loss in the same quarter last year or loss per share of $0.14. Net income for fourth quarter 2002 was $23 million, a basic earnings per share of $0.26.

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