P L Maneschi, Chairman of Lloyd Triestino di Navigazione SpA, has announced that with effect from 1 March 2006 the name of the shipping company will be changed to Italia Marittima SpA and will be known by the acronym ITS. Mr Maneschi said the new name Italia Marittima SpA reflects the company's ambitions to strengthen its Italian national identity worldwide whilst recognising almost 170 years' presence of Lloyd Triestino in the international shipping market. At the time the shipping company was established, on 2 August 1836, Trieste and the port were part of the Austrian-Hungarian Empire and the original name of the company was Oesterreicher Lloyd. On 3 January 1919, shortly after World War I, the name changed to Lloyd Triestino. The company continued as before, operating passenger and cargo vessels, being a leader on its traditional routes to the Indian Sub Continent, Africa and the Far East. In the 1970s, when containerisation started a revolution in cargo transportation and passenger liners were replaced by airlines, Lloyd Triestino, with its new vessels, became a pioneer in the containerised shipping business. In 1998, following the Italian Government's decision to privatise many state-owned companies, Lloyd Triestino was acquired by Taiwanese shipping giant, the Evergreen Group. The outcome proved extremely beneficial for the company.
Italian carrier Lloyd Triestino di Navigazione SpA and the French line CMA CGM have agreed on a joint cooperative agreement in the transpacific trade. This agreement, which is still subject to approval by the relevant governmental authorities, will consist of an exchange of slots between the TPX service of CMA CGM and the CPN/CPS loops of the China-West Coast North America service of LT. It will also enable both carriers to upgrade services for customers without adding to the capacity
The Port of Tacoma's North Intermodal Yard (NIM) handled a record 7,312 intermodal lifts (transfers of containers between ship and rail) from February 8-14. The yard, which serves Evergreen Marine Corp. (Taiwan) and "K" Line (Japan), is opening 2003 like it closed 2002. The previous one-week record was set at 6,825 lifts in October 2002 -- the first week after the West Coast labor lockout. Compared with January 2002, the Port of Tacoma cargo volume was up 35
With its acquisition of CP Ships, it is said that Hapag-Lloyd now belongs to the Top 5 in global container shipping. In 2005, Hapag-Lloyd again increased its profit, improving slightly on the record level for the previous year. “The acquisition of CP Ships is a giant step forward in securing the future of Hapag-Lloyd and will also benefit the Hamburg economy. The strengths of the two companies complement one another superbly
Bureau Veritas is preparing an improved offer for presentation later this week to the shareholders of Germanischer Lloyd, as it pushes ahead with its plan to combine the strengths of the two societies to create a new global leader in ship classification, based in Hamburg. The original Bureau Veritas share acquisition offer was presented to Germanischer Lloyd shareholders on November 9, since which time other potential investors have reportedly declared an intention to acquire an interest
Italy's Lloyd Triestino (LT) will offer its customers on the transpacific much faster transit times following the re-scheduling of the weekly HTW and TPN services. The changes to these services are expected to take effect in May 2001. The HTW service is operated under a slot-charter agreement with Evergreen. At the present time, it is operated by six 3,428 TEU vessels which round-trip in 42 days. By end May, these ships will have been replaced by one 5,364 TEU and three 4
Pictured is Mr. Pan Yan Zhong, Vice director of Tian Jin Xingang Shipyard, congratulated Germanischer Lloyd Dalian on the occasion. Current projects with Germanischer Lloyd include a series of 13,000 dwt Multi Purpose Vessels. With an open day and a ceremonial dinner Germanischer Lloyd has opened its new office facilities in Dalian last week. More than 150 representatives of new building and repair shipyards, ship owners and manufacturers of materials and components
Lloyd’s Register Americas, Inc. has moved its Houston-area operations to a new regional headquarters to capitalise on the growing opportunities arising from the new regulatory regime in the Gulf, a thriving merchant marine business and concerns about global warming. The move, which has consolidated five separate businesses under one roof, responded to greater market demand for integrated technical solutions in the increasingly interdependent and complex marine and energy sectors
Lloyd's Register, an independent quality and risk assurance firm, highlighted the momentum seen by the company in India. Mark Stokes - Group Communications Director for Lloyd's Register and R.S. Sharma - Chairman shared the overall progress the company has made in India, the advancements in power and energy sectors and the "Water Matters" campaign for water management. Lloyd's Register also underscored its strategy to strengthen its position in the growing Indian power and the energy
Hapag-Lloyd and CSAV binding agreement signed / In return for contributing its container business, CSAV becomes new core shareholder of Hapag-Lloyd / Hapag-Lloyd becomes the world’s fourth-largest liner shipping company Hapag-Lloyd AG and Compañía Sud Americana de Vapores (CSAV) today signed a binding contract on merging CSAV’s entire container business with Hapag-Lloyd, subject to the necessary approvals
Hapag-Lloyd is preparing to become the world’s first MRV-Ready certified shipowner, working with classification society DNV GL on a verification program that will prove their readiness with incoming EU emission monitoring regulations for their entire own-managed fleet
German container shipping group Hapag-Lloyd will focus on integration of Vapores , the Chilean firm with which it is merging, and a return to profit before pressing ahead with a stock market flotation, its chief executive said. "We believe in our plan, that is why we are not in a rush
Reederei Hamburger Lloyd GmbH & Co KG (RHL), signed a contract with BASS on December 31, 2014, for virtually the full suite of BASSnet software solutions for its fleet of 28 container ships and chemical tankers. BASS said its shipping software solutions cover all major aspects
Essar Ports Ltd. a part of Essar, today announced its unaudited results for the quarter ended 31st December 2014. Highlights of Consolidated Results: Revenue for the quarter stands at Rs. 434.3 cr, an increase of 9% over corresponding quarter in FY14.
The Lloyd’s Register Foundation today launched its Foresight review of big data and announced a conditional grant offer of £10 million to support research by the Alan Turing Institute on engineering applications of big data.
DBR has successfully delivered four identical generator sets to Istanbul Shipyard. The generator sets will be installed on four vessels that the yard is constructing with an eye to delivery in 2015. “This is a groundbreaking contract for us as this is our first time we have worked with a
Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping company Compañía Sud Americana de Vapores (CSAV). As planned, CSAV subscribed to EUR 259 million (approximately $316
The importance of shipping to world trade hardly needs stating, carrying as it does more than 9 billion tons of cargo each year in some 4,500,000 vessel movements. And while there have been major improvements in ship and operational safety over the past decades
Further to our previous communication and CustomerInfo of April 11, 2014 we would like to inform you that with immediate effect, Hapag-Lloyd is in a position to reopen again the acceptance of IMO cargo bookings for discharging at the port of Algiers.
The crew of Coast Guard Cutter Paul Clark is scheduled to offload approximately 4,100 pounds of marijuana worth an estimated wholesale value of $3.7 million at Coast Guard Base Miami Beach, Wednesday. While on a routine patrol, a Joint Interagency Task Force South maritime patrol
The safety of the seafarer and the maritime environment begins with good design, followed by sound construction and efficient operation. Naval architects and engineers involved in the design, construction and operation of maritime vessels and structures can make a significant contribution
Hapag-Lloyd will be terminating our NZB service (New Zealand Loop 2) with last sailings being offered as follows: Last Southbound Sailing: MOL DEDICATION voy. 129 ETA Port Kelang 19 January; ETA Singapore 20 January Last Northbound Sailing: MOL DEDICATION voy. 130
Given the uncertainty of the situation faced on the US West Coast, Hapag-Lloyd would like to offer a port status update: Status of Ports: Vessel production across the West Coast remains lower than normal. Vessels have been forced to anchor due to slow vessel turn times in the ports
CSAV Tyndall is an 8600 TEU containership built by Daewoo Mangalia Heavy Industries (DMHI) and is part of a series of four containerships delivered to Zodiac Maritime Agencies Ltd. (UK) between 2013 and beginning of 2014. These projects are the biggest containerships ever built in the Black Sea
Shipping firms have paid millions of dollars into U.S. accounts to prevent their vessels from being detained due to non-payment of bills for fuel supplied by the bankrupt OW Bunker, indicating the impact from the collapse of the Danish firm was spreading.