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Shipping

• Govt working to modernise Mongla port: Minister

Shipping Minister Shajahan Khan Friday said the government is implementing various programmes to modernise... Details

• US naval ship handed over to Bangladesh

The United States has delivered a naval ship to Bangladesh Navy on Coast Guard Island in Alameda, California, late on Thursday... Details

• Direct Chassis Contribution Expands S. Atlantic Pool

Direct Chassis Link, Maersk Line’s primary chassis provider, will contribute all of its chassis in the South Atlantic region to the Consolidated Chassis ... Details

• Hapag-Lloyd to Boost Trans-Pacific Rates in July

Hapag-Lloyd will raise rates for all dry, refrigerated, flat rack and open top containers on its trade from East Asia... Details

• Expansion of OICT will increase Omani port’s container handling capacity to 1.5 million TEU

The Port of Sohar in the Al Batinah Region of Oman has held a groundbreaking ceremony to mark... Details

• Europe's Seaports 2030: Challenges Ahead

1. Ports are crucial for the European transport business, for Europe's competitiveness, and have a huge potential for job creation... Details

• Maersk Line merging MECL1 & ME4 services

Maersk Line the core liner shipping company of the A.P Moller Maersk Group, and the leading container shipping company... Details

• EPZ investment reaches $302m, FDI $125.67m

A total of USD 302.39 million investment has been made during July to April of the current fiscal in the country's eight export processing zones... Details

• CCCI rejoinder on ship recycling industry

On 22.5.2013, we sent a press release in some of the national newspapers under the headline "EU countries want to invest... Details

• Stevedores unhappy over cargo handling tender rule in Ctg port

Cargo handling in berths of the country's major seaport is most likely to be limited within the existing 12 berth operators... Details

• BIWTA to launch 2 new rescue vessels

Bangladesh Inland Water Transport Authority (BIWTA) will add two more rescue vessels to the existing two, Hamza and Rustam,... Details

• Maersk to Extend Cost Cuts as European Imports Founder

A.P. Moeller-Maersk A/S (MAERSKB) Chief Executive Officer Nils Smedegaard Andersen said he’ll be forced to prolong cost cuts at the world’s biggest ... Details

• Hapag-Lloyd to Revise Europe-Americas Service

The container line will revise the port calls of its SW2 service, effective week 22 (May 27 to June 2). The carrier will cancel the call at Jamaica ... Details

• Maersk to Hike Rates in Asia-Caribbean Trade

Starting June 15, the carrier will hike rates in its trade between the Far East and the Caribbean:... Details

• Satisfactory' first quarter for Damco

Forwarding and logistics specialist Damco has reported a 6% increase in Q1 net revenue to $773 million, compared with $728m in 2012. EBIT,... Details

• What next for the Cosco shuffle?

Call it the Cosco shuffle. Cosco Pacific yesterday announced the sale of its 21.8% stake in China International Marine Containers... Details

• Vinashin Lines’ ships for sale

Vinalines is aiming to offload the six remaining ships of its subsidiary Vinashinlines by the end of next month.... Details

• New Red Sea port mapped out

Maj. Gen. Mohamed Abdel Kader Gaballah, head of the Red Sea Ports Authority, said that the new project of developing the port of Adabiya will cost $380m including... Details