Maersk Line to acquire Hamburg Sud
COPENHAGEN: Maersk Line and the Oetker Group have reached an agreement for Maersk Line to acquire Hamburg Süd, the German Container Shipping Line. The acquisition is subject to final agreement and regulatory approvals.
"Today is a new milestone in Maersk Line's history. I am very pleased that we have...
"K" Line enhances Asia Chennai Express Service (ACE)
TOKYO: KAWASAKI KISEN KAISHA, LTD. ("K" Line) has enhanced containership service of Asia Chennai Express Services (ACE). This service will have new Port coverage of Korea and China to have various choice of direct service to and from Chennai. Competitive transit time linking South East Asia such as Singapore/Port Kelang...Read more
D G Shipping extends VGM-SOLAS relaxation period upto 31st March 2017
MUMBAI: Directorate General of Shipping has extended the period of “Practical and Pragmatic Implementation” for VGM (Verified Gross Mass) by another four months upto 31st March 2017 via its 29th November, Merchant Shipping Notice 15 of 2016.
The Merchant Shipping Notice states, "Considering that the implementation of the said guidelines is still in its initial stages and remote locations require additional time for gearing up to...