• Terminal operators will face more business risk. Dec 07,2016

  Drewry release their newest reports about port and terminal market report. They warned that the cash-strapped of the carrier will lower the local charge of the port and make it bigger investment risk for port in further.This Drewry report said ,because of the increasing of Large ship’s cost, Formati... [learn more]

• CMA CGM settles loan to acquire NOL but posts Q3 loss of US$268m Nov 22,2016

  FRENCH shipping giant CMA CGM has posted a third-quarter loss of $268 million, reversing a profit of $51 million a year earlier due mainly to lower volume and rates, IHS Media reported.Excluding expenses related to the company's September acquisition of Neptune Orient Lines (NOL), parent of APL, the conta... [learn more]

• Thenamaris Sells LR2 Tanker for USD 13 Mn Nov 18,2016

  Greek shipping company Thenamaris has agreed to sell its LR2 tanker Seafaith II to Indonesia-based tanker company Buana Listya Tama, according to data provided by Vessels Value.Featuring 109,300 dwt, the tanker was sold for a price of USD 13 million.With a length of 244 meters and a width of 42 meters, the ta... [learn more]

• JC Group Launched Manager Training Classes Nov 08,2016

  On Oct. 29, Li Feng, President of JC Logistics Group, attended " 2016 Manager Training Class" with more than 20 excellent managers in the group, and encouraged them to finish final performance at the end of the year.The Training improve the level for the classes of 2016, the managers not only can en... [learn more]

• Hanjin Disposes of Capesize Bulker Oct 31,2016

  South Korea-based shipping company Hanjin Shipping is selling its bulk carrier Hanjin Cape Lambert for a price of USD 19 million, according to data provided by VesselsValue.The 2009-built Capesize, which features 179,100 dwt, was purchased by Indian shipowner Great Eastern Shipping.The bulker was constructed ... [learn more]

• Evergreen Upgrades Asia-Australia Network Oct 24,2016

  Taiwanese container carrier Evergreen Line has teamed up with its compatriot Yang Ming Marine Transport (YML), China’s Orient Overseas Container Line (OOCL), Japan’s Mitsui O.S.K. Lines (MOL) and Kawasaki Kisen Kaisha (K Line) to launch a new joint service on Asia-Australia trade, the Nort... [learn more]