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
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 By end May, these ships will have been replaced by one 5,364 TEU and three 4
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
Hapag-Lloyd CFO Peter Ganz steps down from position; CSAV CFO Nicolas Burr appointed his successor Peter Ganz will step down from his position as company CFO effective April 1, 2015, also leaving the company on the same day, as announced during today’s meeting of Hapag-Lloyd’s Supervisory Board. The Supervisory Board has given its approval. The change on the Executive Board comes following an agreement between shareholders stipulating that CSAV
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
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
Hapag-Lloyd and the Shenzhen Port Green Convention have entered into an agreement to cut back on sulphur oxide while the company's vessels are docked at port. "By joining the Shenzhen Port Green Convention, Hapag-Lloyd has demonstrated its commitment to environment," says Hapag-Lloyd’s Chief Operating Officer Anthony J. Firmin. Under the agreement, Hapag-Lloyd has voluntarily undertaken only to use fuel with a sulphur content of less than 0
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
Nick Brown has been appointed Bureau Veritas’ new Communications Director, Marine & Offshore Division, the classification society announced. Brown will take up the post from November 2, 2016, replacing Philippe Boisson, who will retire after more than 25 years in the role
Two services will be merged into one until further notice / Reason is change in market demand / All other services remain unchanged. Members of the G6 Alliance today announced a change within their Asia - North America West Coast products in response to changes in market demand
In OOCL’s commitment to environmental protection and data integrity standards, we are pleased to announce that OOCL has taken a further step forward in our Greenhouse Gas (GHG) reporting by extending the scope to container terminals, namely Long Beach Container Terminal, LLC
Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination Agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals. Besides the Business Combination Agreement (BCA) between the
Blohm+Voss has appointed Jean-Gabriel Tridon as General Manager and Dieter Pladeck as Finance Director for its new maintenance and refit facility in La Ciotat in the south of France. The company has filled the two management positions only two weeks after winning the local tender of La
Hapag-Lloyd and UASC have signed a Business Combination Agreement. The Combined company will rank among the world´s five largest liner shipping companies and will operate one of the most modern fleets in the industry / Company will operate 237 vessels with total transport capacity
United Arab Shipping Co (UASC) is considering the sale of its stake in United Arab Chemical Carriers (UACC) for oil and petrochemicals as part of its plans to merge with German container line Hapag-Lloyd, says Bloomberg.
Hapag-Lloyd remains the market leader among liner shipping companies in Canada. In the past year, the shipping company saw its market share increase to over 18%. Hapag-Lloyd is the largest liner shipping company in terms of throughput volume at both the Port of Vancouver and
Genting Hong Kong announced that the three shipyards in the German State of Mecklenburg-Vorpommern bought this April will be named as MV WERFTEN*, be managed in Wismar and will focus on building large new cruise ships. Lloyd Werft located in Bremerhaven and bought last September will focus on its
EU antitrust regulators accepted on Thursday an offer from Maersk, the world's largest container shipping liner, and 13 other competitors to change their pricing practices. The companies agreed to publish binding actual rates 31 days before they go into effect
London Ship Managers (LSM) has made substantial savings across its fleet of 9000gt refrigerated cargo vessels following an extensive refrigerant plant optimisation programme carried out by Oceanic Technical Solutions. An engineering team from the Asia division of the UK-based refrigeration
A merger between United Arab Shipping Company (UASC) and German container shipping line Hapag-Lloyd will create a shipping group that is the 5th largest in the world and will give Hapag-Lloyd access to bigger ships on the important Asia to Europe trade route.
United Arab Shipping Company (UASC) said its six shareholding states backed a merger deal with German container shipping line Hapag-Lloyd AG at a meeting on Wednesday. UASC, majority-held by the government of Qatar, said in a statement that "..
Exploration begins by BHP Billiton using the Deepwater Invictus rig and supported by Lloyd’s Register’s rig integrity team. Lloyd’s Register (LR) announced it has extended rig integrity support for the Deepwater Invictus drilling rig
German container shipping line Hapag Lloyd AG on Tuesday said it has reached an agreement on terms and conditions of a business combination agreement with Arab peer United Arab Shipping Company (UASC). The deal, which would involve all shares in UASC being moved to Hapag-Lloyd