Tag archives: 2016

Damen books its last new build for 2016 on 31st December

The last newbuild order of 2016 for the Damen Shipyards Group was signed on the 31 December with VLOOT dab of Belgium. The vessel will be a 25-metre ferry especially ...

Maersk Line reports a 2016 loss of USD 376 million

Maersk Line reported a 2016 result that is USD 1,679 million lower than the 2015 result (USD 1,303 million). The overriding reason for the loss is a 19 ...

DP World reports 3.2% volume growth in 2016

DP World Limited handled 63.7 million TEU across its global portfolio of container terminals in the full year of 2016, with gross container volumes growing by 3.2% year-on-year ...

PSA container throughput performance for 2016

PSA International Pte Ltd (PSA) handled 67.63 million Twenty-foot Equivalent Units (TEUs) of containers at its port projects around the world for the year ending 31 December 2016. The ...

Optimistic charterers help boost shipping confidence to 15-month high

Shipping confidence improved for the third successive quarter in the three months to end-November 2016, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens ...

ClassNK picks up Environmental Protection Award at IBJ Awards 2016

ClassNK picked up the Environmental Protection Award for its activities at the IBJ Awards held on 21 November. This award recognizes organizations that have made significant contributions to reducing marine ...

CMA CGM releases third-quarter 2016 financial results

The Board of Directors of France’s CMA CGM Group, a leading worldwide container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to ...

ICTSI 9M2016 net income up 4% to US$141.9M

International Container Terminal Services, Inc. (ICTSI) today reported unaudited consolidated financial results for the first nine months of 2016 posting revenues from port operations of US$835.0 million, an ...

Maersk Line reports a third quarter loss of USD 116 million

Maersk Line reported a third quarter (Q3) 2016 result that is USD 380 million lower than Q3 2015. The overriding reason for the loss is decline in freight rates compared ...

New records of the conference and exhibition Offshore Marintec Russia

The International exhibition and conference on shipbuilding and development of the Arctic and the continental shelf Offshore Marintec Russia has finished its work.

For the second time the leading players ...

Panama Canal records third highest annual cargo tonnage in fiscal year 2016

At the close of the 2016 fiscal year (FY16), the Panama Canal Authority (ACP) recorded the third-highest annual tonnage in its history, welcoming 330.7 million Panama Canal tons (PC ...

Moore Stephens reports second successive quarterly rise in shipping confidence

Shipping confidence, notably on the part of charterers and managers, improved for the second successive quarter in the three months to end-August 2016, according to the latest Shipping Confidence Survey ...

More than 230 cruise ships to transit Panama Canal in 2016-17 season

More than 230 cruise ships will transit the Panama Canal during the 2016-2017 cruise season, which begins on October 4, 2016 with the transit of the Coral Princess, on a ...

Vision of the Fjords’ commitment to ‘spectacular sustainability’ wins Ship of the Year 2016

Vision of The Fjords, a futuristic carbon fibre tourist vessel operated by The Fjords DA, has won the coveted Ship of the Year 2016 accolade at SMM in Hamburg. 
The ...

SMM 2016: The Who’s Who of the Maritime World Meets in Hamburg

The leading fair has a leitmotif: Digitalisation in the shipping industry is the main topic of this year's SMM. Smart Shipping – comprehensive network integration of ships and smart use ...

Growth in the leased container equipment fleet to slow

Following markedly slow growth of just 3.5% in 2015 due to decreased rental demand, the global leased container equipment operating fleet is forecast to increase by little more than ...

Sovcomflot reports H1 2016 results

On 23 August 2016, the Executive Board of PAO Sovcomflot (SCF Group), one of the world's leading shipping companies, reviewed the company’s financial and operating results for the ...

SMM - world premieres from international companies

The level of interest is overwhelming. Some 50,000 trade visitors from the whole of the world are expected in Hamburg for the start of SMM in less than two ...

New container equipment prices to fall to record lows

Cheaper production and material costs as well as weaker demand has driven the price of new container equipment down to record lows and is forecast to fall further during 2016 ...

The Wind Propulsion Innovation Forum at SMM 2016

International Windship Association (IWSA) hosts its annual Wind Propulsion Innovation Forum at SMM2016 in Hamburg this year. There is an extensive agenda with expert speakers and panellists that are sure ...

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