The Japanese shipping company Mitsui OSK Lines (MOL) has announced a contract with the Korean shipyard Samsung Heavy Industries, to build four container ships of 20,150 TEU capacities, at a total cost of $619 million.
It will add another two to be built in Japan, for which it has already signed a long-term chartering agreement with Shoei Kisen Kaisha.
The Japanese shipowner noted that these six colossal vessels are the largest in the world, because [...]
The first of the Public/Private workshops on Short Sea Shipping, or SSS, has been held in the city of Managua, Nicaragua, organized by the Central American Commission on Maritime Transport (COCATRAM), in coordination with the Panama Maritime Authority (AMP) and with logistical support from the Inter American Development Bank (IDB).
The activity had the objective: of reviewing and validating with the public and private sectors in each of the ten countries of the Mesoamerica Project [...]
New Maritime Arbitration School
Reliability is a key component for any company that provides maritime transport services, especially when operating under the scheme of a set itinerary, which is that of the vast majority. And stoppages and strikes that are the product of labor disputes are the worst enemy of this reliability. As an example of the damage caused to a trade route are the recent strikes in the ports on the West Coast of [...]
Dutch company to pioneer new logistic phase for Panama
The Dutch company, VT Shipping, is preparing a system of container transshipment by barge between the Atlantic and Pacific ports of Panama through the Panama Canal.
The General Manager of VT Shipping in Panama, Mr. Jose Digeronimo, explained that the toll structure pertaining to the new Panama Canal Intra Maritime Cluster segment will take effect on April 1, 2015, and the company target is to start [...]
Last century the big passenger shipping lines raced for the fastest crossing to win the legendary Blue Riband of the Atlantic. Now the big container lines seem to be in a similar competitive mode, but this time to see who can build the biggest ship.
The latest is the MSC Oscar, momentarily the biggest container ship in the world. She was delivered to the Switzerland-based Mediterranean Shipping Co. The latest vessel to claim “biggest-container-ship-in-the-world” status, [...]
William Young Boyd II peacefully passed away at home in Panama City on December 31, 2014, at the age of 88. He was born March 5, 1926 in Panama City, Republic of Panama.
Mr. Boyd graduated from Phillips Academy Andover in 1944 and was drafted into the U.S. Army as an infantry replacement. He was in combat in Europe from January 1945 through the end of the war in May. As part of the distinguished [...]