CMA CGM Eyes OPDR Acquisition

CMA CGM Eyes OPDR Acquisition

French shipping giant CMA CGM revealed plans to acquire the German company OPDR (Oldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG). The announcement was made during a visit to Hamburg, Germany by the ...

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Norwegian Cruise Line to Buy Ocean Princess

Norwegian Cruise Line to Buy Ocean Princess

Norwegian Cruise Line Holdings Ltd. has entered into a definitive agreement with Princess Cruises, Ltd. to purchase ...

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Image of the Day: Ocean Scout Wetting Her Beak

The image was shared by Norway’s Atlantic Offshore, showing their Platform Supply Vessel (PSV) Ocean Scout ...

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VIDEO: New Suez Canal Project Update

Video New Suez Canal Project Update

On October 18 the Egypt’s Suez Canal Authority, awarded the contract for the New Suez Canal to an ...

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Interview: Antwerp Sets the Course for Future Growth

Luc Arnouts, the Port of Antwerp 's Chief Commercial Officer

Belgium’s Port of Antwerp is the biggest port area in the world, covering 13,057 hectares, the equivalent of ...

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Egypt, SCCT Discussing Port Said Concession Extension

Suez Canal Container Terminal at Port Said, Egypt

The Egyptian government is in talks with representatives of Suez Canal Container Terminal (SCCT) on a contract ...

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Search for Missing Cruise Passenger Stopped

AMSA Stops Search for Missing Cruise Passenger

Based on expert medical advice regarding his survivability the Australian Maritime Safety Authority (AMSA) has ...

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Dutch Shipyards’ Retention Rights Undermined?

Dutch Shipyards' Retention Rights Undermined

Shipyards in the Netherlands may no longer be able to rely on the right to retain a vessel while awaiting payment ...

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Royal Caribbean Launches Chinese JV

Royal Caribbean Launches Chinese JV

Royal Caribbean Cruises Ltd. and Ctrip.com International Ltd. have agreed to form a strategic partnership through ...

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Maritime Traffic Up Fourfold in Two Decades

Maritime Traffic Up Threefold in Two Decades

Maritime traffic on the world’s oceans has increased 300 per cent over the past 20 years, according to a new study ...

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Clarksons Seals Platou Deal

Clarksons Seals Platou Deal

London-based shipbroker Clarkson PLC has confirmed a GBP 281.2 million (USD 441m) offering for the entire issued ...

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Anthony Veder Names LNG-Powered Duo

LNG-Powered Cargo Star

Two new liquefied natural gas (LNG) powered sea vessels, operated by shipowner Anthony Veder, were named on ...

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CMA CGM Splits ASEA Service

CMA CGM Splits ASEA Service

CMA CGM Group is dividing its Asia-East Africa (ASEA) service into two distinct services starting December 2014, ...

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Asia – North Europe Rates to Stay Unchanged in 2015

Asia - North Europe Rates to Stay Unchanged in 2015

Since September the spot market on Asia – North Europe trade routes has tracked a similar course of falling ...

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Samsung C&T to Build Second LNG Terminal in Malaysia

The regasification terminal to be built in Malaysia

Samsung C&T Corporation has been awarded a contract by PETRONAS Gas Berhad to build a re-gasification terminal ...

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ITF Condemns PCA’s Attack on Trade Unions

Panama Canal Expansion Works

The International Transport Workers’ Federation called the recent moves by the Panama Canal Authority (PCA) an open ...

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EU Bankrolls First European LNG-Powered Hopper Barge

EU Bankrolls First European LNG-Powered Hopper Barge

The EU’s TEN-T Programme will co-finance with over €1.5 million the construction of the first in Europe ...

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Some Carriers Resorting to West Coast Surcharges After All

Carriers Resorting to West Coast Surcharges After All

Some of the carriers that suspended their congestion surcharges last week for US West Coast ports have decided to ...

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Skangass Strikes LNG Supply Deal with Eni

Skangass Strikes LNG Supply Deal with Eni

Skangass has signed a two year agreement with Eni for supply of liquefied natural gas (LNG). The LNG will be ...

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CMA CGM Marks Record Volume Surge

CMA CGM Marks Record Volume Surge

France’s CMA CGM Group, the world’s third largest container shipping company, carried 3.2 million TEUs in the ...

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Drewry: North America Needs Bigger, Automated Terminals

Drewry North America Needs Bigger, Automated Terminals

Drewry’s new report Container Terminal Capacity and Performance Benchmarks compares capacity and performance ...

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ECSA Advises Caution on CO2 Monitoring Regime

ECSA Advises Caution on CO2 Monitoring Regime  1

The European Community Shipowners’ Association (ECSA) voiced their concerns in relation to data reliability ...

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Maersk Eyes More Shares

Maersk Eyes More Shares

Denmark’s A.P. Møller – Mærsk A/S has entered the second phase of its share buy-back program, which ...

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Cruise Lines Deploying More Capacity in Asia

Cruise Lines Deploying More Capacity in Asia

 The cruise industry continues to grow rapidly in Asia and many cruise lines are deploying more capacity in the ...

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TEN Rakes In

TEN Rakes In

Athens-based tanker owner and operator Tsakos Energy Navigation Limited (TEN) has reported an improved net income ...

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