Establishment of “K” Line Wind Service, Ltd. for Offshore Support Vessel Operation
Kawasaki Kisen Kaisha, Ltd, and Kawasaki Kinkai Kisen Kaisha Ltd. are pleased to announce the agreement to establish a joint venture company (“K” Line Wind Service, Ltd) for the purpose of providing marine related services for offshore wind power business
1. Target and Purpose of “K” Line Wind Service, Ltd.
Japanese Government has announced its Green Growth Strategy for carbon neutrality by 2050. Offshore...
Jumbo Shipping and SAL Heavy Lift launch Jumbo-SAL-Alliance
Joint venture creates a new commercial heavy weight in project and breakbulk shipping with a fleet of 30 advanced heavy lift vessels
Today, the heavy lift industry sees a new and powerful constellation unfold. Jumbo Shipping, the Dutch maritime heavy lift transport and engineering contractor, and SAL Heavy Lift, the German-based breakbulk and project cargo specialist, commence operations with their joint venture as the...
MacGregor to supply environmentally sustainable PCTC solutions to NYK Line
MacGregor, part of Cargotec, has secured a new equipment order for 4 PCTC vessels. The vessels will be built at the China Merchants Jinling Shipyard (Nanjing) Co. Ltd for Nippon Yusen Kaisha (NYK Line). The order is booked into Cargotec’s first quarter 2021 order intake, with deliveries planned to commence during the fourth quarter of 2022 and completed during the fourth quarter of 2023.
This contract is the result...
The www.allaboutshipping.co.uk Top Women in Shipping for 2020
The www.allaboutshipping.co.uk Top Women in Shipping for 2020
By Anny Zade
We are pleased to announce that 189 women out of 1,580 participating from almost all sectors of the entire Shipping spectrum shared the Top 100 places. What a fierce but friendly competition that was from our sea-maidens emanating from all over Planet Ocean. Despite the despicable situation we live in as we are in a double recession, despite another...
Liner carriers firing few blanks as capacity remains tight
Data from eeSea’s Blank Sailings Tracker is showing that 1.7% and 0.6% of head haul sailings on the three main East/West liner trades have been cancelled in February and March 2021 respectively, compared to the 19.9% and 9.4% sailings cancelled in the same months last year.
Ve...
Freight Forwarders angry with latest shipping line surcharge
The British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies, says its members are exasperated by the news that one of the world’s leading container shipping companies will be levying an ‘Emergency Space Surcharge’ from South East India ports to the North Continent, the Mediterranean, North Africa, Red Sea & Latin America.
“Forwarders do not like shipping line...
“K”LINE – Financial Highlights for 2nd quarter FY2020
5th November 2020 – Please be advised “K” Line Tokyo Head Office, published the following press release today.
Please click the following addresses to read our reports.
・Financial Highlights for 2nd quarter FY2020
https://www.kline.co.jp/en/news/ir/ir7459471588023720853/main/0/link/2020_2_report_e.pdf
・Notice on Revised Forecast of Financial Results for Fiscal Year ending March 2021
and Dividend policy (No Interim Dividend)
https://www.allaboutshipping.co.uk/2020/11/05/kline-financial-highlights-for-2nd-quarter-fy2020/
Containership owners and lines must focus on a sustainable recovery says MSI
The summer surge on the Transpacific was a welcome boost to freight and charter earnings but it is too early to conclude that the worst is over
London and Singapore, September 16, 2020. Containership markets have upended expectations since the pandemic began and recent months have brought about some of the most surprising developments yet. The question is whether a clear and above-expectation post-lockdown boost to...
Hapag-Lloyd continues to grow in West Africa and opens office in Nigeria
As the largest economy and one of the most populous countries in Africa, Nigeria plays a crucial role in the container liner’s growth strategy on the continent
| LAGOS, Nigeria, September 15, 2020/ — Today, Hapag-Lloyd (www.Hapag-Lloyd.com) opened its new office in Lagos, Nigeria. As the largest economy and one of the most populous countries in Africa, Nigeria plays a crucial role in the container liner’s growth strategy... |
Robert Keen
Freight Association comments on shipping line surcharges
The British International Freight Association (BIFA) says that recent announcements by some container shipping lines that they will discontinue low sulphur fuel surcharges will be welcome news for its members.
The trade association for UK freight forwarding and logistics companies has long challenged the legitimacy of shipping line surcharges.
It accused the carriers of profiteering when they announced in 2018, almost in unison,...