Home / Shipping (page 10)


Hapag-Lloyd Successfully Completes Capital Increase

Chennai: Port Wings News Network: Hapag-Lloyd has successfully completed the capital increase with subscription rights agreed upon on 28 September 2017. By partially utilizing the authorized capital, the gross issue proceeds amount to approximately EUR 352 million (approx. USD 414 million). 96.5 percent of the existing shareholders exercised their subscription …

Read More »

DNV GL Rolls Out Electronic Certificates Across Entire Fleet

Chennai: Port Wings News Network: In a historic first for the ship classification industry, DNV GL has commenced the roll out of IMO compliant electronic class and statutory certificates across its entire fleet. The widespread use of electronic certificates will result in significant efficiency gains for ship owners, charterers, regulators …

Read More »

Gadkari Exhorts Stakeholders To Manufacture Bio-Fuel Compliant Engines

Panaji: Port Wings News Network: In a bid to reduce pollution at sea, Indian government has initiated talks with engine manufacturers including Wartsila, Cummins among others to make bio-fuel compliant engines for Indian shipping vessels, Mr Nitin Gadkari,  Minister for Road Transport, Highways and Shipping, has said. Addressing the opening …

Read More »

CMA CGM To Launch Indian Ocean Feeder 4

Chennai: Port Wings News Network: To support the positive commercial exchanges in the dynamic Indian Ocean market and increase the reliability of their service in the region, CMA CGM has announced the launch of a 5th service. According to a media statement from the company, starting October 21, m/v MCP …

Read More »

GAC Acquires Ahlers Agency arm in Belgium

New Delhi: Port Wings News Network: GAC, a global provider of integrated shipping, logistics and marine services, has expanded its operational footprint in Belgium by acquiring the port agency business of Ahlers Belgium NV. In a media statement, Ivo Verheyen, the GAC Group’s Vice President – Europe, said: “The GAC …

Read More »

Swire Shipping Enhances PNG Liner Service Coverage

Chennai: Port Wings News Network: Effective 4 November 2017, Swire Shipping’s North Asia service, which connects Japan, Korea, China, and Taiwan to Papua New Guinea (PNG), the Pacific Islands and New Zealand will include an additional call to Rabaul, PNG. Commenting on the development, Jeremy Sutton, Swire Shipping General Manager, …

Read More »