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MSC Unveils New Flexible Cargo Service to Meet Demand From Asia

Chennai: Port Wings News Network: MSC Mediterranean Shipping Company’s new “Suspension of Transit” (SOT) programme is a flexible cargo service that will help to fulfil the imminent resumption of demand from Asia and ensure service continuity. It includes container yard storage in six transshipment hubs across Asia, the Middle East, …

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Hapag-Lloyd Appoints New Executive in Asia

  Chennai: Port Wings News Network: Hans Schäfer, current Managing Director Global Sales in the Group’s Hamburg Headquarters, will assume the position of Senior Managing Director of Region Asia, as of July 1, 2020. Schäfer will replace Lars Christiansen, who will resign from his position as Senior Managing Director Region …

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Swire Shipping Strengthens Commitment to Asia Pacific Region, Deploys M.V. Changsha on South East Asia to Papua New Guinea and Solomon Islands Route

Chennai: Port Wings News Network: Swire Shipping on 23 March 2020 announced the entry into service of its first 2400-teu newbuild vessel, M.V. Changsha. The vessel will be deployed on Swire Shipping’s South East Asia to Papua New Guinea and Solomon Islands service. Despite the uniquely challenging period the world …

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COVID-19: Shipper Maersk Suspends 2020 Outlook

Chennai: Port Wings News Network: Based on preliminary figures, A.P. Møller – Mærsk A/S (APMM) expects EBITDA before restructuring and integration costs for Q1 to be around USD 1.4bn (USD 1.24bn) negatively impacted by weak volume development but mitigated by strong implementation of its IMO 2020 strategy, both in terms …

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SeaQuest Achieves Chinese Dry-docking Ahead of Schedule

Chennai: Port Wings News Network: Despite the COVID-19 delays impacting many of China’s repair shipyards, SeaQuest Shipmanagement has ensured that a client’s handysize bulk carrier completed her second special survey, dry-dock and Ballast Water Treatment System (BWTS) retrofit two days ahead of schedule and 7% below budget. The MV San …

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Neptune Pacific Line Acquires Pacific Direct Line

Chennai: Port Wings News Network: Neptune Pacific Line (Neptune) has acquired Pacific Direct Line (PDL) from PDL’s parent holding company, Pacific International Lines (PIL). The combined business will seamlessly link transport, warehousing, depots and customs clearance services and fully integrate customers’ supply chains across 18 South Pacific markets. According to …

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DNV GL Appoints New Chief Financial Officer

Chennai: Port Wings News Network: Kjetil M. Ebbesberg is appointed as new Group CFO in DNV GL and will succeed Thomas Vogth-Eriksen, who will become Director, Certification Division in DNV GL – Business Assurance. Mr. Ebbesberg will join DNV GL on 1 April 2020 and take up the Group CFO …

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