NYK Line offers improved Bulgaria service route with start up of new THEA MD3 product
NYK REMUS Receives Panama Canal’s Green Connection Award
Two NYK-operated vessels — Garnet Leader, a pure car and truck carrier (PCTC), and NYK Remus, a containership — have been awarded the Panama Canal Authority’s Green Connection Award, a new initiative started on January 1 to recognize vessels who demonstrate excellent environmental stewardship.
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Piraeus port – a Greek privatisation success story
PRIVATISATIONS have been a key plank of Greek international bailouts since 2010, but have reaped only EUR4 billion (US$4.23 billion) so far versus an original target of EUR50 billion due to political resistance and red tape.
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NYK enlarges its EMED-BSEA service product based on dedicated new THEA Mediterranean loop – MD3
Further to announced earlier (Nov’16) The Alliance’ plans for dedicated three service paths to Mediterranean region, the details of new service product MD3 comes with
Maersk predicts global container shipping market will grow by 2-4pc in 2017
DENMARK’s Maersk Line is seeing a more balanced supply-demand situation for 2017, after years of overcapacity and excessive optimism about demand given that the order backlog for ships is declining and freight rates are rising.
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Top box lines suffer US$13b loss in first 9 months of 2016: Dynamar
TWELVE of the world’s 25 largest shipping lines in the first nine months of 2016 suffered a combined net earnings decrease of US$13 billion, while average spot rates on the Shanghai-Rotterdam trade route were down to $618 all-in per TEU, equivalent to a suffocating $0.06 per nautical mile, according to Dynamar.
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