Shipping and Maritime

E.U. Shipowners Set Brexit Priorities

E.U. Shipowners Set Brexit Priorities

European shipowners have set out their priorities for Brexit, saying it is a process fraught with many uncertainties and that the current operating climate should be preserved.

The European Community Shipowners’ Associations (ECSA) highlights that free movement of goods and people is central to E.U. Legislation.

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Big, Bigger, Biggest, Maersk

Big, Bigger, Biggest, Maersk

Would you rather spend money on ships or frozen pizza? For Maersk, at least, the answer is ships. The Danish conglomerate has made a $4 billion offer – pending approval from regulators – to acquire Dr. August Oetker KG’s famous red shipping line, Hamburg-Südamerikanische Dampfschiffahrtsgesellschaft KG (Hamburg Süd).

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Norway Confirms Funding for Ship Tunnel

Norway Confirms Funding for Ship Tunnel

The Norwegian Coastal Administration has formally announced that construction of the Stad Ship Tunnel is part of the Norwegian National Transport Plan for the period 2018 to 2029. 

The tunnel will be the world’s first full-scale ship tunnel, and it is anticipated to ensure safe passenger and cargo ship voyages in the Stadhavet Sea, the most exposed and dangerous part of the Norwegian coast.

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World’s Largest Container Ship Named

World's Largest Container Ship Named

Samsung Heavy Industries held a naming ceremony for the world’s largest container ship at its Geoje yard on Wednesday.

The 20,150 TEUs MOL Triumph is the first of four ultra-large container ships being built for MOL of Japan. The vessels were ordered in February 2015, and steel was cut for MOL Triumph in January 2016.

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Maersk and Hamburg Süd in East-West Deal

Maersk and Hamburg Süd in East-West Deal

Maersk Line and Hamburg Süd have announced a slot purchase agreement for Hamburg Süd’s volumes on the East-West trades to be shipped on vessels in the 2M network, the shipping alliance between Maersk Line and Mediterranean Shipping Line.

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