Maersk Line can confirm that the Maersk Kampala is presently fighting a fire in two containers within the foremost bays on deck. The vessel is fully maneuverable but drifting south of the Suez Canal. All crew are accounted for and no injuries reported and communication Pokies with the vessel is ongoing. Tug boats with…
11 Malaysian fishermen were attacked and abducted near the Sipadan island by gunmen from the Philippines. The location of the crime is world scuba diving destination. The incident provoked questions about the security problems in the region. Earlier this year the coast of the Malaysian state of Sabah on Borneo island, was wracked by…
Drewry’s Annual Review of Global Container Terminals Operators shows that PSA International, Hutchison Ports, APM Terminals and DP World remain the big four players in equity TEU and portfolio terms but with varying levels of activity– DP World and APM Terminals are highly active in terms of acquisitions, divestments and greenfield developments, Hutchison moderately active…
Jakarta: Maersk has just released a detailed seven-page report on trading in and out of Indonesia. In its Indonesia Trade Report for the first half of 2013, Maersk Line Indonesia cited low commodity prices, weakening of the rupiah, the delayed removal of fuel subsidies and the ensuing increase in the inflation rate as some…