By Gus Trompiz and Sudip Kar-Gupta PARIS/ZURICH, Oct 25 (Reuters) – French shipping group CMA CGM will offer to buy out other shareholders of Ceva Logistics in a move to reinforce its partnership with the Swiss transport company, possibly resulting in it gaining majority control. CMA CGM, which...
Container shipping
CMA CGM and SHONE capture SHIPPINGInsight Innovative Technology Award
l to r: Jim Rhodes, Balentin Perret, Clément Renault, Frank Soccoli, and Carleen Lyden Walker
Award Presented at 7th SHIPPINGInsight Fleet Optimization & Innovation Conference
STAMFORD, Conn. – Oct. 17, 2018 – The prestigious SHIPPINGInsight Award for 2018 was presented today to CMA CGM Group and Shone Automation for an artificial intelligence pilot program for bridge operations at the 7th Fleet Optimization & Innovation Conference in Stamford, Connecticut.
The award is presented annually to honor...
Long standing Chinese relationship pays off as major shipping line announces Liverpool call
Aerial view of Liverpool
The Port of Liverpool has demonstrated the strength of its relationships with China by announcing it will welcome a vessel call from COSCO on Wednesday 17 October.
The MV Jork will call at Liverpool after a stop in Rotterdam before returning with UK exports. Once in Liverpool it will unload mainly high value Asian goods for fast delivery into the supply chain across the UK.
The Port of Liverpool boasts a consistent truck turnaround time of less than 40 minutes, unrivalled...
MOL Succeeds With Trial Of Remote Container Tracking Management Device
Mitsui O.S.K. Lines, Ltd. (MOL) announced that its group company MOL Consolidation Service (MCS) has successfully completed the trial transport of containers equipped with a remote container tracking management device on railway routes connecting China and Europe.
This device, by mounting inside the container, makes it possible to monitor cargo in transport using various equipment such as GPS, a temperature gauge, and an optical sensor.
Characteristics of the device
1. Information on the cargo...
Container Carriers Sail Towards a Tipping Point of Ocean Freight Rates and Fuel
By Mike Wackett (The Loadstar) – The bellwether Shanghai Container Freight Index (SCFI) did not publish on Monday, due to the national holiday in China, but current sentiment suggests that ocean carriers will find their rates under pressure following the Golden Week break. Last month, the Asia to...
Hapag-Lloyd to Introduce IMO 2020 Fuel Surcharges from 2019
FRANKFURT, Oct 8 (Reuters) – German container shipping giant Hapag-Lloyd said on Monday it is preparing customers for a mechanism to charge more for cleaner fuel starting next year to comply with tighter environmental rules. The Hamburg-based firm said on Monday that it has developed what it will...
Opinion: Globalization Is Alive and Well, in Regional Deals
By Daniel Moss (Bloomberg Opinion) — Give South Korean President Moon Jae-in marks for boldness. The Korean Peninsula seems an unlikely place to plant the seeds of a northeast Asian version of the European Union. Yet that is what Moon is proposing to do with a connected rail system. So much for...
Will Shipping Face Another Perfect Storm?
By Captain George Livingstone – One of my first columns of the year was on the state of the international maritime industry, I discussed a broad range of topics, one of which was a coming sea change in the world-wide manufacturing industry. I would like to focus on that. History is replete with...
APL Named ‘Container Ship Operator Of The Year’ At Lloyd’s List Asia Pacific Awards 2018
APL was named ‘Containership Operator of the Year’ at the Lloyd’s List Asia Pacific Awards 2018 last evening. The Award marks an acknowledgement of APL’s robust service network, commercial advancement, operational excellence and responsible environmental management.
Representation Image – Credits: APL – Twitter
APL Chief Executive Officer, Nicolas Sartini said, “This Award is symbolic of APL’s pioneering spirit that has delivered excellence. We have continued to fortify APL’s presence in Asia and...
Maersk Says New Dangerous Goods Guidelines to Improve Containership Safety After Maersk Honam Fire
The world’s top shipping line Maersk has implemented new guidelines on the stowage of dangerous goods after a review of its safety procedures in the aftermath of the devastating Maersk Honam fire back in March. The shipping company says the new guidelines will improve safety across its fleet of...