Today(10.9), at the A.P. Moller- Maersk Group's Capital Markets Day, Maersk Oil will unveil the individual components of its targeted 400,000 barrels of oil per day and disclose resources and reserves. APM Terminals will present its strategy to become the leading port and inland terminal operator. Maersk Oil, part of A.P. Moller - Maersk A/S, today announced its reserves and resources figures

Executives from APM Terminals Callao and the Minister of Transport and Communications of Peru, Mr. Carlos Paredes were on hand to start the demolition of Patio Guadalupe – an old, abandoned train station to pave the way for a port modernization project vital to Peru’s economic growth.In the words of Minister Carlos Paredes: “In macro terms, this work will improve competitiveness for

Global third party logistics provider APL Logistics today announced it has signed an agreement with Legend Holdings Co., Ltd. and Beijing Willway Information Technology Co., Ltd. to acquire all of their shares in APLL-Zhiqin Group, a Chinese joint venture partnership among the three parties.The transaction, expected to close by end of the year, will accelerate Singapore-based APL Logistics’

​ZIM is glad to announce the nomination of Guy Eldar as Chief Financial Officer.Eldar, 37, has a Bachelor’s degree in Accounting and Economics from The Hebrew University of Jerusalem and is also a Certified Public Accountant. Eldar brings vast experience in the international capital markets and banking, having formerly served as CFO of Danya Cebus Ltd, a public company listed on the Te

Damco has signed an agreement to acquire Pacific Network Global Logistics (PacNet). Damco and PacNet will join forces to create a freight forwarding business with a stronger global network and better local service capability in Asia Pacific and Greater China. 10 October 2012 – Damco, the global freight forwarder and logistics provider, will acquire PacNet, a leading freight forwarder in

Oslo: DNV has not confirmed that the Yme-platform is fit for duty as stated in the Norwegian technical newspaper (TU) published October 5th. DNV’s role is to act as an independent third party and ensure that the Yme platform is completed in compliance with the rules and regulations applicable on the Norwegian continental shelf. Part of DNV’s involvement also includes the verification of sc

GL Noble Denton has expanded its Marine Casualty Investigation (MCI) practice in North America by launching operations in Seattle, a primary hub for marine insurance. The new base will allow the company's team of experienced surveyors to meet the growing demand for marine casualty investigations off the West Coast of the US and Canada. Activity in the cruise and offshore energy industries is r

A delegation from the Chinese National Ship Recycling Association (CNSA) visited Germanischer Lloyd’s (GL) Head Office. They met for a workshop which focussed on standards, training, and research and development. The CNSA delegation was headed by its president, Mr Xie Dehua, whose address examined the approach China industry was taking to improve standards and promote environmentally friendl

ClassNK (Chairman and President: Noboru Ueda) has announced that on 1 October 2012, 3 new overseas survey offices have opened, bringing the total number of ClassNK’s overseas survey offices over the milestone of a 100 locations.Newly established offices locations are the following: Doha (Qatar), Muscat (Oman), Lianyungang (China).With the establishment of 3 new survey offices, ClassNK’

Russian Maritime Register of Shipping (RS) continues enhancing cooperation with the Maritime Administrations of flag states. On October 1st, 2012, a new agreement between RS and the Maritime Administration (MA) of Tuvalu came into force considerably expanding the scope of work that can be performed by RS on behalf of the MA on the ships registered in Tuvalu. Under the provisions of the agr

On 10 October 2012 the keel of a new 25 MW diesel icebreaker will be laid down at OOO Baltiysky Zavod – Shipbuilding. The ship will be built under the Russian Maritime Register of Shipping (RS) survey with the class notation КМ✪Icebreaker8 [2] AUT1-ICS OMBO FF2WS DYNPOS-2EPP ANTI-ICE HELIDECK-H WINTERIZATION (-40) ECO-S special purpose ship. The icebreaker is designed in accorda

On 10 September the Barge Terminal Born (BTB) gained a new 150-metre long quay and a site of four hectares for container storage. The port of Holtum-Noord, where the terminal is located, was also deepened to 3.95 metres. The terminal capacity has doubled from 150,000 TEU to 300,000 TEU. This makes BTB the largest inland terminal in the Netherlands. The port expansion cost 10 million Euros.

The Port of Rotterdam Authority is to build three new public lay-by berths for coastal container shipping on the Maasvlakte.Since the beginning of this year, the ro/ro dolphins of the Rhenus terminal have been used intensively for this purpose. With throughput of almost 12 million standard containers (TEU), Rotterdam is the largest container port in Europe. During the first six months, coa

Leaders of dockers’ unions at a recent International Transport Workers’ Federation (ITF) Maritime Roundtable in Casablanca were united in their resolve to fight any moves to deregulate standards or trade union rights in Europe’s ports.The meeting came the day after dockers’ unions across Europe organised, on 25 September, solidarity actions with Portuguese unions, including ITF and ETF

Over 50,000 workers at India’s 12 major ports are set to receive a productivity bonus of nearly 15 per cent of their annual wages.The productivity-linked reward (PLR) has been set at 14.67 per cent for the year for 2011 to 2012. In addition workers will also receive the PLR for 2010 to 2011 at the rate of 16.30 per cent, after adjusting the ad-hoc payment, which had already been disbursed la

Odfjell Holding (US) Inc, a subsidiary of OTLG C.V. which is the Joint Venture company between Odfjell Terminals B.V. and Lindsay Goldberg LLC., has secured a USD 200 million 5-year secured credit facility from a group of five US banks. Odfjell Holdings (US) Inc can also obtain increases in the principal amount under this facility of up to an additional USD 100 million. Odfjell Holding (US) In

The partners of the G6 Alliance will underline their commitment to the Scandinavian market and start a dedicated G6 feeder shuttle to Gothenburg. The service will provide a seamless coverage for the time of the temporary winter suspension of Loop 3.The rotation of the Gothenburg Express service (GTE) will be Bremerhaven, Hamburg, Gothenburg and Bremerhaven again with calls at both terminals CT

Recently, ZPMC signed a contract with DP World on the Jeble Ali Port of Dubai, which included 9 quayside cranes and 25 automated RMGs with the total contract price of $170 million. All the equipments will be delivered from 2013 to 2014 in batches. As the largest port in the Middle East Area, the cooperation between Dubai Port and ZPMC began in 2005 when the first dual 40ft quayside crane ZPMC

The South Korean Shipowner Hanjin Shippping has verified two vessels according to the Clean Shippping Index.Der Norske Veritas issued the Statements of Compliance for the Hanjin Korea (IMO9408853) and Hanjin Spain (IMO9408877), confirming that the data submitted meets the requirements of the Index.Hanjin Shipping will now be considered in the procurement process of the Clean Shipping Netwo

On September 24, 2012, naming and delivery ceremony of M/V 'SITC SHIMIZU' was successfully held by SITC International Holdings Co., Ltd and Yangfan Group Co., Ltd in Zhoushan, China.Mr. Xiao Senyuan, President of SITC Shipowning Group Co., Ltd. and Mr. Huang Ruichang, General Manager of Dashenzhou Shipbuilding company of Yangfan Group Co., Ltd., on behalf of the parties signed in the ceremony.