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PIL & IBM attempt to create an electronic bill of landing

Pacific International Lines (Pte) Ltd (“PIL”), Singapore’s leading containership operator, collaborates with IBM Singapore (“IBM”) in another blockchain trial to design and create an electronic bill of lading which will significantly enhance the documentation process in supply chain management.

Maersk bidding farewell to MCC and Seago names in SeaLand rebranding

AP Moller - Maersk regional container lines brands MCC Transport and Seago Line will be disappearing from the start of October as part of a reorganisation of its business announced on Wednesday.

Qatar, Iran Looking to Boost Shipping Ties

Qatar is interested in boosting trade relations with Iran and increasing shipping between the ports of Bushehr and Hamad, Iran’s Ports and Maritime Organization (PMO) informed.

Yang Ming the latest carrier to see its bottom line sink into the depths

Taiwanese ocean carrier Yang Ming has become the latest container line to report a heavy loss in the second quarter of the year, posting a net deficit of $129m.

Shippers Get More Dissatisfied with Carriers’ Service Quality

The level of customers’ satisfaction with the service quality of container shipping companies has dropped since 2016, according to the shipper satisfaction survey conducted by Drewry and the European Shippers’ Council (ESC).

Maersk Line to Comply with U.S Sanctions on Iran

Maersk Line, a part of A. P. Moller-Maersk, acknowledged that the United states has announced it will cease its participation in the joint comprehensive plan of action (JCPOA), and re-impose Sanctions on Iran following a wind down period.

Europe Aims to Make Shipping More Attractive for Women

European Transport Workers Federation (ETF) and the European Community Shipowners’ Associations (ECSA) have discussed possible solutions to increase women’s participation in the shipping industry in Europe.

Hyundai Heavy to Close Shipyard amid Lack of Offshore Orders

South Korean shipbuilder Hyundai Heavy Industries has decided to temporarily shut down its offshore shipyard due to a lack of orders, Yonhap said citing the company.

CMA CGM to Acquire Containerships

French container shipping giant CMA CGM has decided to acquire Containerships, a Finland-based company specialized in the intra-European market.

Ocean Yield to Add Four Boxships with Long-Term Charters

Norwegian shipowner Ocean Yield has agreed to acquire four 3,800 TEU container vessels with 12-year bareboat charters.

Port of Rotterdam Wants to Be the Smartest

Ports are major hubs in the supply chain. In Rotterdam, Europe’s largest port, countless proceedings are happening every day. In the optimal supply chain, each link seamlessly connects to the next. That is why the Port of Rotterdam is looking into new developments to make the port services more efficient.

CMA CGM to Bring Artificial Intelligence on Board Ships

French shipping company CMA CGM has teamed up with San Francisco-based startup Shone to embed artificial intelligence on board ships.

Indonesia, India Plan to Develop Strategic Indian Ocean Port

Indonesia and India pledged on Wednesday to step up defense and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta.

ICS: Hong Kong Convention’s Entry into Force Is Critical

Global Shipowners’ Associations have reaffirmed commitment to the Hong Kong Convention and the need for a global solution for environmentally sustainable ship recycling.

Kalmar, Yara Team Up on World’s 1st Fully-Digitalized Cargo Solution for Yara Birkeland

Kalmar and Yara have entered into an agreement in which Kalmar will deliver fully autonomous equipment, software and services for a fully digitalized container handling solution at Yara’s Porsgrunn facility in Norway.

Shippers with cargo on Maersk Honam must pay to get it released

Shippers with cargo aboard the fire-stricken Maersk Honam will have to stump up over half its value if it is to be released under general average arrangements.

EC Adopts Proposal to Simplify Ship Reporting

The European Commission has adopted a proposal with a view to increased harmonization of ship reporting requirements when calling at ports within the EU.

MSC first carrier to withdraw Iran services as US gets set to reimpose sanctions

MSC today became the first major container shipping line to announce that it plans to cease direct services into Iran.

Biggest Indian Cargo Company Wants to Build an Uber for Shipping

Allcargo Logistics Ltd. is emulating Uber Technologies Inc. to boost its business of sharing marine containers.

Maersk to Trial AI-powered Situational Awareness Technology

Danish shipping giant A.P. Moller-Maersk will be the first in the world to trial artificial intelligence (AI) powered perception and situational awareness technology on a containership.

Seago Line’s New Feeder in Maiden Call to St. Petersburg

Short-sea and feeder operator Seago Line, a part of Maersk Group, has introduced a new vessels, the Vistula Maersk, to its North Europe feeder link between Rotterdam, Netherlands and St. Petersburg, Russia.

CMA CGM to Operate Lekki Port’s Container Terminal

French container shipping giant CMA CGM and Lekki Port LFTZ Enterprise have signed a Memorandum of Agreement to operate Lekki Port’s future container terminal.

DFDS Expands in the Med with Turkish Freight Operator

Danish shipping and logistics company DFDS has signed an agreement to acquire 98.8% of Turkey’s largest operator of freight shipping routes, U.N. Ro-Ro.

Brokers: Zodiac Maritime Tied to Five 14,000 TEU Ships at HHI

London-based Zodiac Maritime has beefed up its orderbook with five ultra large containerships, according to the data from Fearnleys.

NYK, Oyak to Build Car Terminal in Turkey

Japanese shipping company Nippon Yusen Kaisha (NYK) has joined forces with Turkish conglomerate Oyak to build and operate a finished-car logistics terminal in Yarimca port near Istanbul.

ALIBABA EXTENDS PARTNERSHIP WITH KN TO COVER CROSS-BORDER B2B SHIPMENTS

Kuehne + Nagel this morning signed an agreement with the world’s largest e-commerce platform, Alibaba, to cover B2B volumes.

CYBER ATTACK VICTIMS MAERSK AND TNT FIND WAYS TO KEEP CUSTOMERS' CARGO MOVING

Maersk, APM Terminals and TNT are working hard to get their operations back on track as they enter the third day of the Petya cyber attack.

ULCVS TO ALMOST DOUBLE CAPACITY SHARE ON ASIA-NORTH EUROPE BY 2018

Additional phasing in of ultra-large container vessels (ULCV)– with a nominal capacity in excess of 18,000 TEU-on the Asia to North Europe trade lane could double their capacity share on the trade by next year, market intelligence provider in the container shipping industry SeaIntel says. There are 58 ultra-large vessels currently in operation, with 47 to be delivered – predominantly in 2017, and 2018.

CONTAINER SPOT RATES ON THE RISE, FROM ASIA TO THE US, AND ASIA TO EUROPE

Container spot rates from Asia to the US, and Asia to Europe were given a lift this week ahead of August GRI and FAK increases. The increase was most notable on the transpacific where the Shanghai Containerized Freight Index (SCFI) components for the US west coast and the US east coast leapt 37.6% and 20.2% respectively, to $1,687 and $2,685 per 40ft.

CMA CGM WILL LAUNCH NEW SERVICE LINKING BLACK SEA TO MOROCCO AND ALGERIA

Container carrier CMA CGM will launch a new direct service later this month linking the Black Sea to Algeria and Morocco, in line with the carrier’s strategy of developing short sea lines in the Mediterranean and Black Sea.

TOP CARRIERS MORE RELIABLE IN Q2

Global schedule reliability improved 2.3 percentage points to 74.6% in the second quarter of 2017, from 72.3% in reported in the previous quarter, according to market intelligence provider SeaIntel informed.

HONG KONG SECURES ITS SHIPPING HUB STATUS WITH NOD TO VESSEL-SHARING AGREEMENTS

The Hong Kong Competition Commission has issued a five-year block exemption order for liner shipping vessel-sharing agreements (VSAs). However, it declined to issue a similar exemption for vessel-discussion agreements (VDAs). The order, announced on Tuesday, follows two years of legal uncertainty for shipping lines after the city’s Competition Ordinance came into effect in 2015.

WE HEREBY SINCERELY INVITE YOU TO VISIT OUR BOOTH AT 86TH IZMIR INTERNATIONAL FAIR

We hereby sincerely invite you to visit our booth at 86th Izmir International Fair from Aug 20th to 25th 2017. Our Booth No: Hall 2 No 247 Izmir International Fair, Izmir/Turkey

OOCL CELEBRATES ARRIVAL OF SISTER TO THE WORLD'S BIGGEST CONTAINERSHIP

Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) christened today another 21,413 TEU boxship, the OOCL Germany, at Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea. The newbuilding is the second of the company’s six 21,000+ TEU class vessels on order at the shipyard.

SASAC GIVES GREEN LIGHT TO COSCO-OOCL DEAL

China’s State‑owned Assets Supervision and Administration Commission (SASAC) has approved the bid from COSCO Shipping Holdings Co to take over Orient Overseas (International) Limited.

LATEST ULCV ORDERS THE START OF A SLIPPERY SLOPE TO NEW OVERCAPACITY GLUT?

Analysts have raised concerns over another bout of overcapacity, following the latest orders for ULCVs, by CMA CGM and MSC. These orders are on top of the expected delivery over the next two years of 21 ULCVs for Cosco and 11 for Evergreen.

MSC TURNS TO DSME FOR 22,000 TEU MEGASHIPS

Swiss-based Mediterranean Shipping Company (MSC) has opted for South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) to construct eleven 22,000 TEU containerships for the company.

PANAMA CANAL AUTHORITY TO ALLOW BOOKING SLOT SWAPS AMONG ALLIANCE MEMBERS

The Panama Canal Authority has announced that it will start allowing the swapping and substitution of booking slots between vessels belonging to the same shipping alliance.

CMA CGM TO INCREASE ITS SOUTH PACIFIC FOOTPRINT WITH ACQUISITION OF SOFRANA UNILINES

CMA CGM has reached an agreement to acquire South Pacific container line Sofrana Unilines.

STORM WREAKS HAVOC IN PORT OF DURBAN - CONTAINER SHIP BLOCKED PORT

A large MSC containership to broke free from its moorings Tuesday at the port of Durban, South Africa as a powerful storm swept through the area, blowing the ship across the harbor before blocking the entrance to the port.

RUSSIA SETTING UP DIRECT SHIPPING LINE TO SYRIA

MOSCOW, Oct 10 (Reuters) – Russia is setting up a direct shipping line to Syria and wants its companies to help build an economic recovery in the war-torn Middle Eastern country, the TASS news agency quoted Russian Deputy Prime Minister Dmitry Rogozin as saying on Tuesday.

GLOOMY OUTLOOK FOR LINER SHIPPING AS CONTAINER RATES CONTINUE TO SLIDE

Container spot rates from Asia to North Europe slumped below $700 per teu this week, losing a further 3.9% in value.

PANAMA CANAL ENDS FY17 WITH RECORD ANNUAL CARGO TONNAGE

The Panama Canal welcomed a record 403.8 million Panama Canal tons (PC/UMS) of cargo in fiscal year 2017, the largest amount of annual tonnage ever transited in its 103-year history.

HAMBURG PORT BECOMES MAIN ULCV STOP WITH NEW CRANES

The Port of Hamburg has seen a steep rise of ultra large container vessels (ULCVs) visiting the port over the past two years.

UNCTAD: CONSOLIDATION IN CONTAINER SHIPPING MAY LEAD TO OLIGOPOLY

Increased consolidation among carriers driven by a continued oversupply of vessels could bring some order to the market, however, the recent mergers and mega alliances may lead to oligopolistic structures, UNCTAD warned in its latest report on maritime transport.

MAERSK LINE DIGITALIZATION IS A MUST IF YOU WANT TO SURVIVE

The rise of digitalization, the Internet, cloud computing and E-commerce is starting to revolutionize the trading patterns, emerging as the true engine of the future growth of world trade.

COSCO SHIPPING PORTS TO BUILD FREIGHT STATION AT KHALIFA PORT

Abu Dhabi Ports and Cosco Shipping Ports Limited (CSP) and Abu Dhabi Ports broke ground for the  construction of a new container terminal at Khalifa Port during a high-profile event on Sunday, reported WAM.