Shipping Archives — Page 15 of 15

August 18, 2017 No Responses

Maersk CEO: For now, no reason to order new megaships

There is no incentive to order new ultra large containerships from a cost perspective right now, despite extremely low prices of newbuilding tonnage, Chief Executive Officer of A.P. Møller – Mærsk A/S,Søren Skou has said As highlighted by Skou, five years...

July 10, 2017 No Responses

Cosco to aquire OOIL for $6.3b, hits 400 vessels

Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn). The deal would make Cosco the world’s third biggest shipping company, with more than 400 vessels. OOIL’s majority owner has accepted the bid, though...

June 28, 2017 No Responses

New cyber attack goes global, hits Maersk

A cyber attack has shut down IT systems across multiple sites and business units owned by Danish transport and logistics major A.P. Moller – Maersk, the company confirmed earlier today. APM Terminals is said to be among the hit business units, with...

May 26, 2017 No Responses

Sifax Photo News

L-R: Mr. Olumuyiwa Akande, Corporate Affairs Manager, SIFAX Group; Mr. Mike Owope, Executive Director, Finance, SIFAX Group; Mr. Henry Ajoh, General Manager, SIFAX Shipping presenting the winning trophy to Apesin Babatunde, Captain, Sharp Shooters FC, Agbado, ...

April 28, 2017 No Responses

Maersk teams up with Microsoft on digitalization

Global transport and logistics powerhouse Maersk announced on Wednesday that it has joined forces with Microsoft Corp. on digitalization in a move targeting to “revolutionize supply-chain management and global trade.” Under the terms of the agreement, Mi...

November 18, 2016 No Responses

NISFCOE Photo News

The Chairperson, Shipowners’ Forum, Mrs. Margaret Onyema-Orakwusi delivering a goodwill message at the just concluded Nigeria Ship Finance Conference & Exhibition (NISFCOE 2016)