In a major development, A.P. Moller - Maersk has announced that they have reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe, says a...
According to a Freight Waves article written by Kim Link Wills, commercial cargo on trans-pacific will carry CMA CGM bill of lading; APL will focus on US government work as the group announces to simplify their trans-Pacific trade network.
CMA CGM...
DP World has completed assembling of a ‘Proof of Concept’ test section of the world's first container High Bay Store System (HBS) at Jebel Ali Port in the UAE, reports Seatrade Maritime News.
The automated handling system
Dubbed ‘BoxBay’, the automated...
The Baltic Briefing has released a report about the dry bulk market of the 27th week of shipping activities of this year. The report dated 3rd July highlights the plight of the dry bulk market at the on-sight of...
Eleven industry majors have formed a coalition for the energy of the future.
The coalition aims to accelerate the development of energy sources and technologies to address the challenges posed by sustainable mobility in the transport industry.
The...
Coast of Devon is a playground for all types of enormous ships from around the globe.
World's largest container ship as well as numerous luxury cruise ships are seen.
It is a playground for cruise liners to the...
Shipping stocks once again wallow in a sea of red, with yet another plunge due to COVID-19.
Market caps remain minuscule, more offerings are being done by penny stocks.
Reverse stock splits are increasingly common and equities are...
The Baltic Briefing has issued the tanker report for the 27th week of this year. The report dated 03rd July 2020 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities.
VLCC
Middle East Gulf rates
In...
Court has issued official judgement ruling in favor of claimants and dismissing appeal against award.
CO filed for leave to further appeal this decision.
Precise amount due to claimants remains to be determined following service of further submissions...
The digitalization of business processes is becoming an ever-more competitive parameter.
Information technology plays a vital role in further growth and development.
SAL offers up to 32,000 square feet of main deck space.
It also has on-deck cranes...
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