Nitin Gadkari, India's Union Minister of Shipping will be on an official visit to the Republic of Korea (South Korea) from today (9 April 2018). During the 4 day visit, Shri Gadkari will focus on taking forward the bilateral cooperation between India a...
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DOF Bags New Contracts
Norskan Offshore and DOF Subsea Brazil have been awarded RSV contracts for the Skandi Commander and one ROV. The contracts have a duration of 150 days with start-up in April 2018. Skandi Commander is a RSV vessel (MT 6009) built in 2007 and was reflagg...
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APL Rolls out China Bangkok Express Service
APL has announced the launch of the China Bangkok Express (CBX) service, a new shortsea service that directly links South China and Thailand each week. Characterised by competitive transit times, the CBX service promises the industry’s fastest connecti...
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APM Terminals Mumbai Handles Record Volumes
APM Terminals Mumbai, India handled a record 2.3 million TEUs during its 2017-2018 financial year. This is the terminal’s highest volume since the terminal was built in 2006. The terminal received over 633 vessels over the course of the year. The termi...
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NYK, Oyak to Build Car Terminal in Turkey
Turkey’s Oyak Group - owner of the country’s biggest steel producer, Erdemir Group - is to invest in a car logistics terminal in Yarimca port near Istanbul in partnership with Japan’s Nippon Yusen Kaisha (NYK Line). According to a Reuters report, the ...
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A.P. Moller Holding Appoints Jan T. Nielsen as CIO
Jan Thorsgaard Nielsen, Senior Managing Director of Blackstone, is appointed Chief Investment Officer (CIO) of A/S. A P Moller Holding (APMH). APMH is a privately owned holding company and is the biggest shareholder in A P Moller-Maersk (APM), the Dani...
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India Ports Register 4.77% Growth During 2017-18
The major ports in India have recorded a growth of 4.77 per cent and together handled 679.35 Million Tonnes of cargo during the period April 2017 to March 2018 as against 648.39 Million Tonnes handled during the corresponding period of previous year.
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SHI Bags a 180K LNGC Investment with an Option
Samsung Heavy Industries(SHI) revealed on March 5, 2018 that one 180K ㎥ LNG carrier newbuilding has been approved by the board of an overseas owner. The contract, is subject to agreement on the shipbuilding contract terms, which are scheduled to be agr...
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Port of Tallinn Freight Volume Grows to 5mln Tons in Q1
In the first quarter of 2018, 5.01 million tons of cargo and 1.92 million passengers passed through the harbours of Port of Tallinn. The cargo volume increased by 0.3 % and passenger number by 0.2 % compared to the same period last year. According…
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APL Extends Eagle GO. Guaranteed to Trans-Atlantic and Oceania Network
APL has announced the extension of Eagle GO. Guaranteed to its Trans-Atlantic and Oceania services networks. Shippers who opt for the premium offering will be guaranteed equipment and vessel space on board six US-bound services from 17 European ports…
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