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12,000 TEU Capacity New Container Depot by ONE at the Rotterdam Port

In a major development, Japanese container line joint venture Ocean Network Express (ONE) has announced that they have opened a dedicated container depot in...

Panama Canal Expansion All Set To Improve Global Trade

Panama Canal now accounts for around 12 percent of the country’s economy with the 6,000th new Panamax (or Neo-Panamax) ship passed through the...

MOL Maintains Profit Forecast Despite Q1 Negative

Mitsui OSK Lines (MOL) remained in the black in the first quarter ended 30 June 2019 with a $113.8m and has maintained its full...

Weekly Maritime Security Report – Week 28, 2019

Protection Vessels International has released the 28th Weekly Maritime Security Report of 2019. The report summarized on 31st July 2019 highlights the various incidents that...

ABB Unveils New Compact Turbocharger in the Market

ABB has unveiled its A255-L and A260-L turbocharger efficient for small and medium two-stroke diesel and gas engines. Turbochargers can be used on...

CMA CGM Presence Felt at Ceva in H1

CEVA Logistics, now part of the CMA CGM Group, has announced its results for Q2 and H1 2019. Ceva went through significant and structural...

Re-christened Maersk Honam Ready To Set Sail

According to an article published in Splash247, seventeen months after a fire ripped through it, Maersk is set to send the 15,282 teu boxship...

Maersk Gets All Port Serving Licence from the Saudi Port Authority

According to a Saudi State News Agency, SPA report the Saudi Ports Authority has issued a license to the local subsidiary of Maersk to...

Weekly Tanker Report – Week 30, 2019

The Baltic Briefing has issued the tanker report for the 30th week of this year. The report dated 26th July 2019 provides a valuable...

Diana Shipping Releases 2019 Financial Results for Q2 and H1!

Net income and net loss attributed to common stockholders for the six months ended June 30, 2019. It amounted to $1.7 million and...
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