osl shipping llc Iran

KNOW US ! EXPLORE OSL !

OUR GLOBAL PRESENCE This segment grew in geometric proportions over the years, providing impetus to our services activity as well. From few port-to-port sectors, OSL business expanded to cover the max of Asian, European, Middle Eastern, African and Far Eastern regions. Taking the market into consideration we identified the need of assistance that could re-engineer … Continue Reading

CMA CGM: Cargo Flow Easing Up at China’s Major Coastal Ports

Cargo flow at the major coastal ports in China is beginning to normalize and business operations have now entered the recovery phase, French container shipping major CMA CGM said in an advisory on coronavirus impact. As informed, manufacturing activities in mainland China are gradually picking up, and more port workers and truck drivers are returning … Continue Reading

First Semi-Automated Terminal in Italy Starts Ops

APM Terminals’ new Vado Gateway terminal, located in Vado Ligure, Italy, received its first commercial service on February 11, 2020. The call by M/V Maersk Kota marked the start of operations for the new deep-sea Vado Gateway container terminal, which was commissioned in December 2019. The 6,400 TEU ship was the first of seven ships … Continue Reading

Maersk Launches USD 1.5 Bn Share Buyback Program

Danish A.P. Møller – Mærsk A/S has decided to initiate a share buy-back program of up to DKK 10 billion (around USD 1.5 billion). The company said that the buyback would cover a maximum of 3.12 million shares to be acquired over a period of up to 15 months. The initiative follows the closure of … Continue Reading

World Ports Conference 2020 Canceled due to COVID-19 Fears

The International Association of Ports and Harbors (IAPH) has canceled the IAPH 2020 World Ports Conference, which was due to be held from March 17 to 19 in Antwerp, Belgium. As informed, the event cancellation was prompted by coronavirus concerns. “Given the spread of COVID-19 it has been necessary to cancel in the interests of … Continue Reading

Intermodal Asia Postponed

Due to the coronavirus outbreak the Intermodal Asia conference in Shanghai will now take place in July.  Informa Markets, the organisers of Intermodal Asia, together with key sponsors CIMC and the China Container Industry Association (CCIA), have announced the event will now be held at the SWECC in Shanghai on 14 – 16 July.   … Continue Reading

DP World to go Private

Port operator announces its intention to delist on the basis that its “strategy is not fully appreciated by the equity markets.” Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer of DP World.   DP World’s parent company Port and Free Zone World has made an offer to acquire the 19.55% of DP World’s … Continue Reading

DP World Takes Majority Stake in Ukrainian Container Terminal

Dubai-based port and terminal operator DP World has agreed to acquire a majority stake of 51 percent in TIS Container Terminal in the Port of Yuzhny, Ukraine. By becoming part of DP World’s global network of ports, TIS Container Terminal is expected to strengthen its position in Ukraine — the country in which the container … Continue Reading