SHIPPING
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OOIL posts US$219m loss for 2016 despite increased liftings
March 20, 2017 - Orient Overseas (International) Limited made a loss attributable to equity holders of US$219.2 million in 2016,...
CargoSmart launches route-optimization software for ocean shippers
March 14, 2017 - Shipping software provider CargoSmart Limited has launched Route Master, a tool which allows shippers to discover and...
ZIM nominates new CEO
March 10, 2017 - The board of directors at ZIM Integrated Shipping Services has nominated Eli Glickman as the new president and CEO of...
APL launches Japan Straits Express
March 10, 2017 - APL has expanded its intra-Asia network by launching the Japan Straits Express service. The new weekly service connects...
CEVA 2016 revenue down despite volume growth
March 10, 2017 - CEVA Holdings LLC posted a revenue of US$6.6 billion for 2016, a year-on-year decrease of 1.4% in constant currency,...
Port of Hamburg widens Vorhafen harbour entrance
March 9, 2017 The Port of Hamburg has completed the widening of the entrance to the Vorhafen harbour basin, clearing the way for...
ICTSI orders mega-vessel equipment for MICT
March 7, 2017 International Container Terminal Services Inc. is close to ordering five post-Panamax quay cranes and 20 rubber-tyred...
Maersk and IBM collaborate on blockchain technology for shipping
March 7, 2017 Maersk and IBM are to work together to create a solution to modernize the shipping and logistics industry using...
Port of Long Beach to receive zero-emissions equipment grant
March 7, 2017 The California Energy Commission has given notice of a proposed US$9.7 million grant to the Port of Long Beach to fund...
ZIM posts net loss for 2016 despite Q4 profit
March 7, 2017 ZIM made a net loss of US$163.5 million in 2016 even though it posted a net profit of US$4.6 million in the last...
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