Shipping and Maritime

Maersk Line Appoints New President for North America

Maersk Line Appoints New President for North America

Maersk Line has appointed Omar Shamsie as the new president of Maersk Line in North America effective December 1, 2017.  

His most recent position was president of Maersk Line Latin America & the Caribbean and before that president of Maersk Line Canada. Shamsie’s background also includes director and vice president positions throughout the globe with Maersk.

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Maersk Calls for Ambitious CO2 Cuts

Maersk Calls for Ambitious CO2 Cuts

In a letter released this week, Maersk head of sustainability strategy John Kornerup Bang called for a concerted effort from shipping to reduce its carbon dioxide emissions. 

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Panama Canal Allows Carrier Alliances to Swap Slots

Panama Canal Allows Carrier Alliances to Swap Slots

The Panama Canal Authority has announced that it will soon give ocean carrier alliances another way to integrate their operations: slot swaps. Beginning December 1, carriers within the same alliance will be allowed to trade canal transit time reservations with each other, subject to specific limitations:

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Expanded Panama Canal Operational for a Year

Expanded Panama Canal Operational for a Year

Monday June 26 is the first anniversary of the inauguration of the Expanded Panama Canal.

In its first year of operation, over 1,500 Neopanamax vessels have transited the new locks. Container ships represent approximately 46.8 percent of traffic through the Expanded Canal, and the Panama Canal Authority has welcomed 15 new liner services. 

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Hapag-Lloyd and UASC Merger is Complete

Hapag-Lloyd and UASC Merger is Complete

On Wednesday, Hapag-Lloyd completed its long-awaited merger with UASC and turned its attention to integrating the world’s twelfth-largest container line into its business.

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