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MISC Group Welcomes the Fifth and Final Moss-Type LNG Carrier

Chennai: Port Wings News Network: MISC Group, a leading provider of international energy-related maritime solutions and services, today announced it has taken delivery of Seri Cemara, the final edition to a series of five MOSS-Type Liquefied Natural Gas (LNG) carriers. The 150,200 CBM LNG carrier has been built for MISC …

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Milaha Reports Net Profit of QAR 260 Million for Q1 2018

Chennai: Port Wings News Network: Milaha Maritime &Logistics’ revenue increased by QAR 65 million and net profit by QAR 29 million as a result of volume growth in Ports business, and better operating margins in Container Shipping unit. Milaha Gas & Petrochem’s revenue decreased by QAR 5 million and net …

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BIMCO Applauds New IMO Emissions-Strategy

Chennai: Port Wings News Network: BIMCO is very satisfied with the Green House Gas (GHG) strategy adopted by the International Maritime Organization (IMO) at the Marine Environment Protection Committee on April 13. The strategy outlines a target to reduce GHG emissions by at least 50% by 2050 compared to 2008 …

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CMA CGM Starts New Unmatched Service Offering

Chennai: Port Wings News Network: CMA CGM Group, a world leader in maritime transport, is pleased to announce the start of the Ocean Alliance Day Two Product. Based on the success of Ocean Alliance, the Ocean Alliance Day Two Product strengthens CMA CGM’s service offering by providing even better services …

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Hapag-Lloyd’s Operating Result More Than Tripled in 2017

Chennai: Port Wings News Network: Leading shipping lines Hapag-Lloyd has disclosed its 2017 annual report on 28 March. Based on the audited figures, earnings before interest, taxes, depreciation and amortisation (EBITDA) increased significantly to EUR 1,055 million (2016: EUR 607 million) and the operating result before interest and taxes (EBIT) …

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New Samskip Container Service for Amsterdam Container Terminal

Chennai: Port Wings News Network: A new short-sea container service between Amsterdam and Hull has been formally inaugurated on 21 March 2018 with the first call of the 340-TEU vessel THEA II at Amsterdam Container Terminal (ACT). The new service, operated by leading short sea container operator Samskip, offers three …

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