Industry News

Wilhelmsen and Wallenius Cleared to Merge

Wilh. Wilhelmsen Holding and Wallenius have received all the necessary approvals from competition authorities, bond holders and general meetings for a merger between the two companies. Under the agreement, the companies will combine ownership in Wallenius Wilhelmsen Logistics, EUKOR Car Carriers and American Roll on Roll off...

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Greek Flag Loses 62 Ships

The fleet registered under the Greek flag saw a significant loss of 62 ships during the year until March 1st, 2017, equivalent to 3.7 million DWT and 2.3 million GT. The country’s fleet is now comprised of 747 ships, totaling 43.7 million GT and 75.2 million DWT, the Greek...

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Industry Welcomes Revised EU Maritime Transport Strategy

The European shipping and maritime organizations have welcomed the European Commission’s mid-term review of the EU Maritime Transport Strategy 2009-2018. During the European Shipping Week 2017, the industry bodies endorsed the emphasis on better regulation and said that priority must in this respect be given to a fundamental...

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Maersk Line, Hamburg Sud enter East – West purchase deal

Danish shipping giant Maersk Line is scheduled to receive the EU antitrust regulator’s decision on the company’s plan to purchase the Germany-based Hamburg Süd by March 27, according to Reuters. The deal, reached at the beginning of December 2016 amid a consolidation period in the industry, was filed to the...

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Euro Ferry Industry on a 4-Year Hot Streak

3.6 million cars to Western Europe In total, ferry travel accounts for one in ten travellers to Western Europe. Up to 14.6 million passengers travelled between UK and France by ferry, while the Netherlands welcomed more than 1.8 million passengers by sea in 2016. Belgium and Spain...

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Hamburg Sud honoured by 3PL provider

In August this year, Ceva Logistics presented Hamburg Sud with the ocean supplier of the year award for 2015. The German shipping line was recognized for its strong global relationship with the 3PL supply chain provider in combination with its dedication to ongoing operational excellence.   “The...

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Spotted: DEME’s Living Stone Hits the Water

Belgian dredging and marine engineering group DEME launched “the world’s most advanced” subsea cable installation and trenching vessel Living Stone at Spain’s LaNaval shipyard on September 18. The cable installation vessel is equipped with two turntables below deck, each having a 5,000 tons cable capacity. Together the...

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Awards for AAL and Hamburg Süd

Awards for AAL and Hamburg Süd   Some important industry events took place in Asia last week: Singapore-based AAL, a breakbulk and heavylift operator, and the German shipping line Hamburg Süd won accolades in different categories at this year’s Asian freight, logistics and supply chain awards.   AAL was...

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Disney Cruise Line

The Walt Disney Company, Disney Cruise Line has entered into a memorandum of agreement with the Meyer Werft shipyard in Germany to build two additional cruise ships. Each new ship will be approximately 135,000 gross tons – slightly larger than the newest Disney Cruise Line ships, the Disney...

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