AP Moller Maersk arm launches China Europe rail service
Danish giant’s logistics subsidiary says service will knock 20 days off ocean freight times.
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Maritime News
Euronav Sells Suezmax Cap Jean
Tanker company Euronav NV announced that it has sold the Suezmax Cap Jean (1998 – 146,643 dwt) for USD 10.6 million. The vessel was delivered to her new owners on June 8th. The Company will record a capital gain of approximately USD 10.6 million in the…
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Exxon Starts Drilling At Offshore Liza Guyana Projects
The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said. Development drilling began in May for the first of 17 wells planned for Phase 1, laying the foundation for produ…
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Kalmar Introduces Eco Reachstacker
Kalmar, part of Cargotec, introduces an eco-efficient reachstacker with a Fuel Saving Guarantee to customers. Kalmar Eco Reachstacker is the very first solution in Kalmar’s new eco-efficient portfolio – The Kalmar Eco Range. The solution was…
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Ocean Yield Invests in Four 3,800 TEU Container Vessels
Ocean Yield announced that it has agreed to acquire four 2014 built 3,800 TEU container vessels with 12-year bareboat charters to companies owned and guaranteed by CMB NV. The aggregate purchase price is approximately USD 120 million net of pre-paid ch…
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