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• Bollore revenue slips on weak oil prices

  Time: 2016-03-22 | Publisher: glafamily

  

  Paris-listed Bolloré Group, which holds 21 port concessions worldwide and operates 14 container terminals in Africa, announced a 2 percent drop in revenue for 2015 to $12.2 billion.The decline was due to a 20 percent drop in revenue at the company’s oil logistics segment to $2.5 billion caused by the low price of oil. The tra...
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• German KG companies fined in ‘magic pipe’ case

  Time: 2016-03-21 | Publisher: glafamily

  

  Two German shipping companies have been sentenced to pay $1.5 million after pleading guilty to charges arising from use of a “magic pipe” to illegally dump oily bilge water from the general cargo ship BBC Magellan.The ship’s owners, Briese Schiffahrts GmbH & Co. KG and Briese Schiffahrts GmbH & Co. ...
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• DP World Nhava Sheva handles JNPT's largest ship to date

  Time: 2016-03-18 | Publisher: glafamily

  

  DP World-operated Nhava Sheva (India) Gateway Terminal on Friday received a call from the 11,000 twenty-foot-equivalent unit MSC Francesca, the largest container ship ever to dock at Jawaharlal Nehru Port Trust, India’s biggest public container gateway.The 2008-built ship is 363 meters (1,191 feet) long, and has b...
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• Central Africa’s only deep-sea port takes shape at Kribi

  Time: 2016-03-16 | Publisher: glafamily

  

  Construction work is set to commence on the second phase of the only deep-sea port in central Africa at Kribi, Cameroon after a second round of financing was arranged with the Export-Import Bank of China.The second phase of the project will cost $675.5 million and consist of two container berths, two bulk cargo berths a...
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• APMT Pipavav gets new intra-Asia service

  Time: 2016-03-14 | Publisher: glafamily

  

  APM Terminals-operated Pipavav Port’s efforts to grow container volumes received a big push earlier this week when the INDFEX, or India-Far East Express, consortium introduced a regular weekly call at the minor facility on India’s west coast.The intra-Asia INDFEX is a vessel-sharing agreement between W...
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• US fines Maersk Group units millions

  Time: 2016-03-13 | Publisher: glafamily

  

  The U.S. government has fined two Maersk Group units a total of $3.66 million for documentation violations related to a defense contract the company described as “the submission of improper invoices.”  Farrell Lines, a subsidiary of the Maersk Group’s U.S. flag carrier Maersk Line Limited, and Da...
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• AAL, Peter Dohle launch semi-liner service

  Time: 2016-03-12 | Publisher: glafamily

  

  AAL and Peter Döhle Schiffahrts-KG will launch a joint semi-liner service using multipurpose vessels with heavy-lift capability between Asia, the Middle East and Europe.The companies said the new service will combine fixed routes with flexible port calls, using multiple classes of heavy-lift/multipurpose carri...
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• Russia seeks to develop Arctic shipping route

  Time: 2016-03-11 | Publisher: glafamily

  

  The poor relations between Turkey and Russia have the latter focusing on the active development of the Northern Sea Route through the melting Arctic during the next several years, according to recent statements of Russia’s Deputy Prime Minister Dmitry Rogozin.Tensions between the two countries have been dangerousl...
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