Pacific Tycoon
Blog / History
China, together with five other countries including India, Italy, Japan, Republic of Korea and Singapore, was granted new Observer States status at the 8th Ministerial Meeting of the Arctic Council, which convened in the northernmost city of Sweden, Kiruna. Founded approximately 20 years ago, the Arctic Council is comprised of eight founding Arctic nations, including [...]
United States and European Union leaders recently announced that they would begin formal talks on a free trade agreement, which could be the biggest deal in history. The European Commission said it hoped the negotiations could be concluded within two years. Although much of the United States’ investments and focus has been in the Asia-Pacific [...]
Khorfakkan Container Terminal (KCT) became the first terminal operator in the Middle East to handle the world’s largest container ship, CMA CGM Marco Polo. With a length of four standard football pitches (396 metres), 54 meters beam and requiring a draft of 16m, Khorfakkan is one of the few ports in the world able to [...]
American President Lines Ltd. (APL), with company headquarters in Singapore, has been in the shipping forefront recently with two new happenings. Firstly, the shipping line was named the world’s top container shipping line for the fourth time in six years by U.S. agricultural exporters. The exporter coalition is made up of shippers of forest and [...]
Earlier this month, two LNG carriers, one named MILAHA RAS LAFFAN, and the other MILAHA QATAR, carried out their first loading operations since having acquired new names and managers. Milaha’s subsidiary, Qatar Shipping Company, recently purchased from Maersk additional stakes in the LNG carriers. As part of the deal that saw Qatar Shipping Company’s ownership [...]
Hapag-Lloyd, based out of Germany, and one of the world’s largest shipping lines, is celebrating the 120-year anniversary of the company’s servicing of Canada. This summer will mark the occasion when the steamer, ‘Cremon’ set sail for Montreal in 1892. Presently, Hapag-Lloyd offers eleven services in and out of Canada, connecting the country to Europe, [...]
The Grand Alliance, made up of three of the world’s largest shipping lines, sent its first ship to the Port of Tacoma just the other day. The Dusseldorf Express, part of Hapag-Lloyd’s fleet, arrived at the port to much fanfare with port officials on hand to celebrate the maiden ship call with a plaque presentation. [...]
The Hamburg Sud Group, which is represented by two brands: Hamburg Süd as a German carrier and Aliança as a Brazilian shipping company, recently christened a new container ship, the Santa Ines, at Daewoo Shipbuilding & Marine Engineering Co. Ltd. in Korea. The Santa Ines is 299.9 meters long with a deadweight tonnage of 93,430 [...]
The new Triple-E class vessels designed for use by Danish shipping conglomerate, Maersk, were recently placed on the Sustainia100 list, which recognizes the world’s top sustainable solutions. The decision was reached at the United Nations Conference on Sustainable Development (UNCSD), and was then announced publicly at Rio+20 earlier this week. The Triple-E ships will [...]
Towards the end of 2011, Jaye Container Terminal (JCT) welcomed its first 10,000 TEU container carrier, the APL Chongqing. The vessel is part of the fleet of American President Lines (APL), based out of Singapore. Meanwhile the JCT, located in Sri Lanka’s capital, Colombo, held a ceremony to welcome the largest vessel ever to call [...]
