Marine link
 

Liners

Crowley Restructuring Announced

Crowley Maritime Corp. is planning a significant strategic restructuring that will result in a more decentralized ocean cargo transportation company once the sale of its South America liner services to Hamburg Sud is complete. Having completed this assignment, P. Elliott Burnside will leave the position of president of Crowley American Transport to establish his own industry consulting service, which Crowley will utilize. The company will not replace Burnside and will instead restructure its liner services into two major business units. Puerto Rico and Caribbean Liner services will be led by John Douglass, vice president and general manager, Puerto Rico and Caribbean Services, while Central America and Mexico liner services will be led by Rinus Schepen, vice president and general manager, Central America & Mexico Services. Crowley's South America liner services will continue to be run by Frank Larkin, vice president and general manager, South America Services, until the sale of these services is finalized.


EU Extends Shipping Consortia Competition Waver

The European Commission extended for five years a block exemption allowing shipping companies to form consortia covering the transport of cargo. The Commission said the block exemption automatically covered liner shipping consortia that have a market share of below 30 percent. The decision confirmed the Commission's favorable attitude towards liner shipping consortia, which "usually allow shipping lines to rationalize their activities and achieve economies of scale


Coast Guard on Alert for Toxic Ship

The U.S. Coast Guard and the Guam Environmental Protection Agency are on alert for the possible arrival of the contaminated cruise liner, SS Independence, which is reportedly heading to Guam after being refused entry in Hawaii, The Variety reported. SS Independence, which is believed to be loaded with toxic polychlorinated biphenyls or PCB and lung-damaging asbestos, is being pulled by the tug ship Pacific Hickory, on the way to India, where the 57-year-old cruises liner will be scrapped


MOL (Canada) Inc. to Serve Canadian Liner Market

Effective August 1, 2013, Mitsui O.S.K. Lines, Ltd. will begin operating in Canada as MOL (Canada) Inc. MOL (America) Inc. and Montship, Inc. today jointly announced that their liner agent agreement will expire on July 31, 2013. Montship has successfully represented MOL’s Canadian liner services for over 53 years and both MOL and Montship are pleased with the long-standing partnership. All other agent agreements between MOL’s non-liner divisions and Montship will continue


Hamburg Süd to Acquire CCNI Liner Service

CCNI Antillanca (Photo: CCNI)

Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile, and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg, Germany, announce that they have signed a preliminary agreement whereby HSDG will acquire the container liner activities of CCNI including the related general agency functions subject to due diligence


HMM Appoints ISS for Australian Business

  Hyundai Merchant Marine (HMM) announcec that its Australian container liner business will be handled by Inchcape Shipping Services (ISS), effective February 1, 2015. Both HMM and ISS are working closely together to ensure that the change over to the new agency is a seamless transition with the head office of the agency situated in the same St Leonards office as at present, the companies said, adding that all Import and Export customers can expect ‘business as usual’


First Iran-made Liner Set for Launch

The first Iran-made ocean liner, named Iran-Arak, will be launched next week, Iran Mania reported. The Iran-Arak is the largest ocean liner constructed by a Middle Eastern country, adding that the project was undertaken by Iran Offshore Industries Company at a cost of $35 million. The vessel is one of the five shipbuilding projects implemented at the company and took two years to complete. It will have the capacity to carry 2,130 containers


Isramco Bids to Purchase Luxury Cruise Liner

Isramco, Inc., bid for a luxury cruise liner at an auction held on March 19 under order of the United States Bankruptcy Court, Southern District of Florida. The Court entered an order on March 19, 2004 authorizing the sale to the Company of the cruise liner, on an as is basis and free and clear of all liens and claims, for a purchase price of $8,050,000. The Company is required to consummate the purchase of the vessel by March 29.


Hamburg Port's Liner Network

Hamburg has one of the most comprehensive liner networks in Europe, which in turn means that it plays an important role as a transport hub for global cargo flows. Specialized liner traffic connects Hamburg to six continents. Over 100 container liner services travelling to destinations all over the world are based in Hamburg. One of the main markets for the Port of Hamburg are liner services from and to the Far East


Matson Monitors Cylinder Liner Wear

Liner Change image WEB.jpg

The cylinder liner is a crucial part of a ship’s engine, as monitoring wear not only extends operational life but also prevents unexpected and costly repairs, with the average cost for a replacement liner at over $150,000. Matson has installed Parker Kittiwake’s LinerSCAN onto several of its vessels as part of a range of condition monitoring tools. Payback proved immediate, as on the first voyage after installation


UASC Implements Container Stowage Software

The stowage of the 18,800 TEU UASC Barzan will be supported by the software StowMan[s]. (Photo: INTERSCHALT)

INTERSCHALT maritime systems AG announced it will equip the fleet of the liner shipping company United Arab Shipping Company (UASC) with the stowage planning software StowMan[s].   Developed in cooperation with the IT University of Copenhagen and launched in September 2014


Hapag-Lloyd Swings to Profit in H1 2015

Photo:  Hapag-Lloyd

 German container carrier Hapag-Lloyd is starting to see the commercial benefits of its integration with the container shipping arm of Compañía Sud Americana de Vapores (CSAV), which is now expected to deliver larger synergies than initially anticipated.  


Swire Upgrades Asia-Pac Coverage

Image: The China Navigation Co. Pte Ltd

Singapore-based liner trade division of The China Navigation Company (CNC) Swire Shipping has upgraded its multipurpose liner service coverage in the Asia Pacific region.   The company’s dedicated Trans-Tasman service operating between New Zealand and Australia will be enhanced to


ZIM Transitions Fleet to StowMan(s) Software

Photo courtesy of ZIM

ZIM Integrated Shipping Services Ltd, Israel  has decided to enhance its stowage planning for its containership fleet (currently 93 ships) in the future by using the software StowMan[S] from INTERSCHALT maritime systems AG, the software and services provider for maritime navigation and


$1.7 billion NOL Up for Sale. Will Hapag-Lloyd Buy?

Photo: NOL Group

 Singapore Sovereign Wealth Fund Temasek Holdings has put Neptune Orient Lines (NOL) up for sale, says a Wall Street Journal (WSJ) report.   The WSJ reported that Temasek was in talks with one buyer in recent months but the two sides could not agree on a price for the loss-making


Market Rife Merger Talk, NOL Says Not Yet

Image: Neptune Orient Lines (NOL)

 As Singapore's sovereign wealth fund, Temasek, readied is to sell Neptune Orient Lines (NOL), the market has been rife with merger talk with Hong Kong's Orient Overseas International Ltd (OOIL) and Hamburg's Hapag-Lloyd being leading candidates.  


Four Luxury Cruise Ships Bring 13,000 Visitors to Dublin

Photo: Dublin Port

 Dublin Port welcomed four luxury cruise liners within a four-hour window this morning, bringing some 13,000 tourists to the city, making it the city's biggest-ever day for cruise tourism.    The passengers from the four ships - the Celebrity Silhouette, the MV Horizon


CMA CGM to Reinstate Iran as Port of Call

Photo: CMA CGM

 The Marseille-based French company CMA CGM S.A has announced readiness to start operation in Iran on August 6.    CMA CGM,  the world’s third-largest shipping line in terms of container vessel capacity,  will add Shahid Rajaei port in Iran to its Asia-Europe loop


MOL's Barge Terminal in Bangkok

Photo MOLs Barge Terminal

  Mitsui O.S.K. Lines, Ltd. today announced the signing of a Joint Venture Agreement with SahaThai Terminal Co.,Ltd., a container terminal operation company in Thailand, to establish a new barge terminal operation company in Bangkok. The new company, called Bangkok Barge Terminal Co., Ltd


Taiwan’s Evergreen Resume Traffic in Iran's Shahid Rajaee Port

Image: Evergreen Marine Corp

 Taiwan’s Evergreen Marine Corp. has authorized one of its huge container ships to berth at Shahid Rajaei port in southern Iranian province of Hormozgan, reports Press TV.   Ebrahim Idani, director general of Hormozgan Ports and Maritime Department


India to Decentrale Chartering Arrangements

Photo: National Shipping Board , Ministry of Shipping, Government of India

 India's state-owned companies can  now make their own shipping arrangements of both dry and liquid bulk cargo without having to route their requirements through the Shipping Ministry.   The Cabinet Committee on Economic Affairs (CCEA) has allowed government departments and public


Hanjin Starts Calling at SOHAR

Photo: SOHAR Port and Freezone

 Sohar Port and Freezone has added South Korea’s container line Hanjin Shipping to its list of global shipping lines offering direct links to this Omani deepsea port.   Hanjin started its container service to Sohar from Far East


Hanjin Shipping Returns to Black

Photo by Hanjin Shipping

 South Korea's leading shipping line Hanjin Shipping has returned to the black in the first half with a profit of KRW127.2bn ($109.87m), erasing the loss of KRW424.2bn in the year-ago period.   Net profit came to 104.26 billion won (US$89


OOIL's Profit Up

Image: Orient Overseas (International) (OOIL)

 Orient Overseas (International) (OOIL), the parent company of Orient Overseas Container Line (OOCL), said its profit had risen 32 percent year on year (y/y) to $238.6 million in the first six months of 2015, due cheaper fuel costs helped it tide over a slump in freight rates.  


GE Shipping Q1 Net Up 45%

Photo: Great Eastern Shipping Company

 India's  largest domestic ship liner Great Eastern Shipping Company today reported a 45 percent jump in its consolidated net profit to Rs 323.67 crore ($50 million) for the quarter ended June 30, on the back of higher income.  






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright