The 1982-built 215 meters-long ship expected to start service at the mid of March, between Greece, Greek Islands and Turkey.
FINNISH cargo handling equipment maker Cargotec Corporation posted a 98.4 per cent year-on-year increase in net profit in 2015 to EUR142.9 million (US$160.9 million), drawn on revenues of EUR3.7 billion, an increase of 11 per cent.
FRENCH shipping giant CMA CGM has announced an upgrade of its service to the French West Indies from northern Europe to take place in the first quarter of 2016.
JAPANESE shipping giant Mitsui OSK Lines (MOL) has announced changes in its Asia and east coast South America trade by merging existing CSW and SW2 services to form a new CSW service.
MAERSK Group, the world's biggest shipping company, suffered a 82 per cent year-on-year profit loss in 2015 to US$925 million, drawn on revenues of $40.3 billion, which fell 18 per cent over the same period.
Safe Bulkers has revealed that it has sold three vessels to entities controlled by its chairman and CEO Polys Hajioannou.
Port of Hamburg reported container traffic for 2015 of 8.8m teu, down 9.3% on the previous year’s total, contributing to a 5.4% drop in overall cargo throughput.
The Koninklijke Roeiers Vereeniging Eendracht (KRVE) (Royal Boatmen Association Eendracht) will be using their innovative ShoreTension system to right the "Modern Express" so that unloading can start.