OOCL Registers Impressive Performance in Q3 & Nine Months

For the third quarter of 2018 (ended September 30, 2018), OOCL’s total volumes were 6.9 per cent up from the same period last year. Total revenues increased by 7 per cent to $ 1,555.7 million. Loadable capacity increased by 3.9 per cent. The overall load factor was 2.3 per cent higher than the same period
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Brazil’s Vale, the world’s top iron ore producer,is expecting major improvement in the performance of its base metals division in 2020 but said that production cuts would remain effect this year and next while prices remain low, executives said. Chief Executive Fabio Schvartsman forecast a major jump for the segment in 2020. Base metals are
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52st Annual General Meeting of Goa Shipyard Limited was held on 17th September, 2018 wherein the Company adopted the Annual Accounts for FY 2017-18. The meeting was attended by members of the Board of Directors, shareholders and other senior functionaries of GSL, says a release. RAdm Mital, Chairman & Managing Director whilst addressing the members,
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With the growing relevance of Liquefied Natural Gas (LNG) as a sustainable alternative to oil and other fossil fuels, Sembcorp Marine, ABS and A*STAR’s Institute of High Performance Computing (IHPC) are teaming up to develop new technologies, applications and capabilities in the offshore, marine and energy sectors that will advance the adoption of LNG as
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NAVI MUMBAI: Jawaharlal Nehru Port Trust (JNPT) — India’s busiest public Container handler — achieved a new rail volume high and processed ships at a faster pace during August. JNPT’s intermodal lifts increased 2 percentage points during August to a record 16.8 percent share, up from 14.7 percent during July. By volume, August railed export-import
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The J. M. Baxi Group’s Visakha Container Terminal (VCT) and associated facilities, at Visakhapatnam Port, have been showing impressive growth in throughput, productivity and efficiency. Growth facilitators at VCT The growth in throughput at the Visakha Container Terminal comprised the overall exports, that increased by 13 per cent in August 2018 as compared to the
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Navis, the leading provider of maritime software solutions for cargo operations and vessel performance, announced at SMM 2018 that Hamburg-based Zeaborn Ship Management, a global technical ship management company, will utilize the web-based fleet performance solution Bluetracker by Navis. Zeaborn Ship Management is a newly formed brand uniting long-standing ship management companies E.R. Schiffahrt and
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HAROPA has announced that its seaborne traffic globally remains stable, at 45.8 million tonnes, for the first six months of 2018. It has also highlighted some very good figures for the period in highly strategic trades: * Maritime container traffic posted an all-time high figure to the hinterland with a total of more than 1
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Jawaharlal Nehru Port (JN Port), the country’s premier port, has achieved substantial growth over the last four years. It is poised to scale new heights in the coming years with the execution of many infrastructure projects, said Mr Nitin Gadkari, Union Minister for Shipping, Road Transport and Highways. He was speaking to reporters after the
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In continuing its successful run of offering the best of services worldwide, NICO International wins the prestigious “Outstanding Performance Award 2018” awarded by NIIGATA Power Systems Co. Ltd. at Japan. The award was presented by Mr. Koji Sato – Director of customer service / head of spare parts division – NIIGATA power Systems Co. Ltd.
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