»P3 to Start Operations in Autumn2014-05-22

CMA CGM, one of the world¡¯s largest container shipping companies, today announced that the start of P3 alliance has been pushed back until autumn 2014.

»CMA CGM, Maersk Line and MSC expect a start of P3 operations to the autumn of 202014-05-22

On 18 June 2013, CMA CGM, Maersk Line and MSC announced the P3 Network (P3) cooperation with the intention to start operations by mid-2014.

»Maersk shipping business helps profit beat forecast2014-05-22

Danish shipping and oil group A.P. Moller-Maersk reported first-quarter net profit above forecasts due to a doubling of profit at container shipping business Maersk Line and raised its outlook for the underlying result in 2014.

»P3 launch pushed back to autumn2014-05-22

The proposed P3 Alliance that was expected to take off in the middle of this year is now expected to be launched in autumn of this year, according to CMA CGM, one of the three members of the alliance. The other two are Maersk Line and MSC.

»ICTSI gets control of terminal in Shandong2014-05-22

ICTSI (Hong Kong), an indirect wholly-owned subsidiary of International Container Terminal Services Inc (ICTSI) of the Philippines will acquire 51 percent of a foreign container terminal in China's Shandong Province.

»US shippers lose millions over winter rail freight2014-05-22

Shippers freight haulage costs in the US soared by tens of millions of dollars last winter as the bad weather and shortage of railcars led to a frenzy of truck bookings, fuelling a capacity squeeze, according to Shipping Gazette.

»Havila Shipping ASA: New contracts securing fourteen PSV vessel years firm with2014-05-21

Havila Shipping ASA has entered into new contracts with Maersk Oil for the PSV vessels Havila Clipper, Havila Herøy and Havila Fanø.

»Shipping companies turn to gas carriers to boost profits2014-05-21

Indian shipping companies are sharpening focus on gas carriers, as this segment remains a bright spot in the otherwise lethargic shipping market.

»GDF SUEZ Global Energy 10th LNG carrier for Damen Shiprepair Brest2014-05-21

Damen Shiprepair Brest (France) received its 10th LNG carrier repair order from GDF SUEZ in-house technical vessel manager Gazocean. The vessel will undergo extensive maintenance works.

»FPS launches temp-controlled LCL to Dubai and Japan2014-05-21

The Rotterdam and Prague members of the FPS network of independent forwarders and consolidators, have launched a trade-only, temperature-controlled ocean LCL service for perishables.

»Kalmar and DP World celebrate the official opening of the new semi-automated ter2014-05-21

Kalmar, part of Cargotec, and DP World Brisbane have celebrated the official opening of the semi-automated terminal in Brisbane on 20 May 2014.

»Yang Ming plans to charter five 14,000 TEU ships2014-05-21

Taiwan's Yang Ming Marine Transport plans to charter five 14,000 TEU ships from Seaspan Corp, to be built by CSBC Corp the first Taiwanese yard to build a vessel larger than 10,000 TEU, according to Shipping Gazette.

»Shipping demand and Steel: Steeling for a Rough Ride2014-05-20

Since 1990, steel has been used in the construction of some of the world's biggest thrill rides but in recent years it is the steel market itself that has seen all the dips and climbs of a high speed rollercoaster.

»Houston port gets nod for channel dredging2014-05-20

The US Army Corps of Engineers has granted the Port of Houston Authority permission to dredge two links to the Houston Ship Channel, to make way for bigger vessels as the lure of an expanded Panama Canal could generate more traffic.

»Four new lock gates for Panama Canal expansion set sail from Italy2014-05-20

The Panama Canal Authority (ACP) reports that the ship Sun Rise, with four new gates for the Third Set of Locks, has sailed for Panama from Trieste, Italy.

»Evergreen takes delivery of eco-friendly box ship2014-05-20

Taiwan's Evergreen Group vice chairman Raymond Lin has expressed optimism about the world economic outlook pointing out that the company has embarked on a fleet renewal programme, according to Shipping Gazette.

»Hanjin narrows Q1 loss 37.2pc2014-05-20

Korea's Hanjin Shipping posted a 37.2 per cent year-on-year reduction in first quarter operating losses to KRW62.2 billion (US$58.1 million), drawn on revenues of KRW2.15 trillion, down 7.6 per cent, according to Shipping Gazette.

»OOCL ups Japan/China-NZ rate US$250/TEU2014-05-20

Hong Kong's Orient Overseas Container Line (OOCL) has announced a US$250 per TEU increase in freight rates for cargo from Japan, Korea, China, Taiwan and Hong Kong bound for New Zealand starting July 1, according to Shipping Gazette.

»Wartsila receives repeat order from Evergas2014-05-20

Three new state-of-the-art 27,000 cbm LNG/Multigas Carriers for Evergas, the Denmark based transporter of petrochemical gases and natural gas liquids, are to be built featuring the integrated Wartsila solution, comprising the main propulsion equipment, the gas fuel supply system, and the cargo handling system.

»Durban Port Manager set to retire2014-05-19

Transnet National Ports Authority (TNPA), Chief Executive, Mr. Tau Morwe has announced the upcoming retirement of the Durban Port Manager, Thami Ntshingila. After having served the organisation for fifteen years, fourteen of these as a Port Manager, Ntshingila has a wealth of information and skill to pass on. He will therefore play a critical role in mentoring his successor.