Maersk-MSC cuts ports on Asia-Europe route by deploying mega ships

THE Mediterranean Shipping Co (MSC) and Maersk Line will reduce the number of direct port calls across their Asia-North Europe network.

Seaspan first half profit drops 57pc to US$43.5 million, as sales rise 13.4pc

HONG KONG's Seaspan Corporation first half net profit fell 57.6 per cent year on year to US$43.55 million, drawn on revenues of $439.83 million, which increased 13.4 per cent.

Savannah off 1.3pc to 3.6 million TEU in FY16, but keeps 24pc of USWC gain

CONTAINER throughput via Georgia's Port of Savannah fell 1.3 per cent in fiscal year 2016 to 3.6 million TEU, but retained 24 per cent of diverted cargo gains from last year's US west coast labour strife.

Charleston's container volumes rise 1.4pc to 1.9 million TEU in FY2016

TERMINALS governed by the South Carolina Ports Authority (SCPA), principally Charleston, saw container volumes rise by 1.4 per cent to 1.9 million TEU during its fiscal year ending June 30, against the same period a year earlier.

Panalpina H1 profits fall 51.3pc to US$22 million as sales drop 11.7pc

SWISS forwarding giant Panalpina's first half net profit fell 51.9 per cent year on year to CHF21.8 million (US$22.11 million), drawn on revenues of CHF2.6 billion, which declined 11.7 per cent.

GAC to handle logistics for Team Britannia during round-the-world powerboat attempt

GAC has been named the official shipping and logistics partner for Team Britannia, which is preparing to break the round-the-world powerboat record later this year.

Wärtsilä REvolution system takes sealing technology to a new level

The new Wärtsilä REvolution system is a digital management system that controls, monitors, records and analyses the performance of seals autonomously in real time, increasing the predictability and reliability of sealing solutions in rotating equipment.

Cruise ship Thomson Celebration gets stuck in Malta Grand harbour

A cruise ship leaving the Grand Harbour on Saturday suffered an engine failure which left it powerless near the port entrance. 




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