«The right kind of capacity» 
DP World, a terminal operator based in Dubai, is active at two major building sites in northern Europe at the same time and building new deep-sea ports in Rotterdam and in London. Flemming Dalgaard, senior vice president & managing director for DP World’s European business,... more
G6 withdraws eight winter sailings 
The G6 Alliance, which includes APL, Hapag-Lloyd, Hyundai Merchant Marine, K Line, MOL and Orient Overseas Container Line, will cancel a total of eight sailings between the end of October and mid-March as a response to expected low demand over the winter... more
EU looking into establishing a Somali coast guard
During a recent press conference, Etienne de Poncins, head of the EU’s regional maritime capacity-building mission EUCAP Nestor, mentioned the possibility of a Somali coast guard. As there is currently no coast guard in that country at all but only the Puntland maritime police... more
ECSA endorses new status of regular shipping services
The European Shipowners' Association has welcomed the fact that EU member states recently endorsed the Commission's proposal to grant further customs facilitations to shipping companies operating ships with the regular shipping service status. Union goods carried onboard... more
Ocean carriers have coped pretty well says Drewry
Drewry Maritime’s latest annual Container Market Annual Review and Forecast 2013/14 highlights that while there is a good deal of excessive market behaviour resulting in weak freight rates, ocean carriers have coped pretty well with deployment of tonnage in the main east-west... more
Scandinavian Shipping & Logistics AB and Neptumar AB merge
Scandinavian Shipping & Logistics AB, owned by the Swedish transport group Greencarrier AB, has merged with Neptumar AB, which belongs to the German transport group Menzell & Döhle. The new company will operate under the name of Scandinavian Shipping & Logistics AB... more
MSC boosts capacity on transpacific service
The Swiss carrier MSC has boosted its capacity for the Pearl River Express transpacific service, which the company runs jointly with the French line CMA CGM. Each liner company provides three vessels. MSC has now replaced its three 11,600 and 13,000 teu ships with three 14,000... more
«Discipline is our core strategy»
The Singaporean shipping company Neptune Orient Lines (NOL) runs its container business through its subsidiary American President Lines (APL). APL president Kenneth Glenn told the ITJ what strategy his corporation is pursuing in order to maintain its fitness in the face of rough... more
Three bidders for Chennai's new container terminal
The terminal operators DP World, PSA International and Adani Group have bid for the public-private partnership contract to run the new container terminal in the Indian port of Chennai. The terminal will boast an annual capacity of an estimated 800,000 teu. The cost of the... more
Legal issues, piracy and sanctions top shipowners' list of...
Legal and contractual issues, piracy and crime, and international sanctions are the most important areas of concern to merchant shipowners, as the UK P&I Club's latest member survey has revealed. Close behind are crewing and personnel, insurance regulation, loss... more