Media
Media
THE last eight-week rotation on the Far East-North Europe route - the CSCL/Evergreen AEX 1/CEM service - will switch to slow steaming on April 20, thus making the trade lane the first to be entirely taken up with once novel fuel saving technique, reports Alphaliner. A 10-week transit is now typical because of the rise in bunker prices, which makes slow st...
GLOBAL container volume saw a strong rebound in 2010, marking an estimated 560 million TEU, up an all-time high of 14.5 per cent year on year after experiencing an 8.9 per cent decline in 2009, the first ever drop. Last year's recovery was mostly attributed to the growing volume through Chinese ports, reported maritime analysts at Paris-based Alphaliner....
THE 4,250-TEU Zim Shekou ran aground in the Suez Canal after developing engine trouble while leading southbound convoy of 31 ships, reports London's Containerisation International. The Israeli vessel blocked the channel for three hours before being re-floated with the assistance of Suez Canal Authority tugs at the 43 kilometre mark. The ship was then moo...
Average box revenues reported by Neptune Orient Lines (NOL) fell again the second month of the year. NOL reported an average revenue across all trades of $2,560 per feu for the period 11 February to 11 March compared to $2,654 per in the first period of 2011. Average box revenues were also down 1% from $2,575 per feu in the same period in 2010. Volumes c...
United Arab Emirates member Fujairah has launched a grains storage project costing 1 billion dirhams ($272.3 million) in a bid to boost food security, an Arabic daily said on Tuesday, Reuters reports. The project is expected to reach capacity of 100 million tonnes, Sharief Al-Awadhi, director of the Fujairah Free Zone Authority (FFZA), told the Al-Bayan n...
CMA-CGM's 'Mascareignes' service has re-located to Khorfakkan Container Terminal (KCT), situated in the emirate of Sharjah on the Eastern Coast of the UAE and operated by international ports and logistics group, Gulftainer, on behalf of the Sharjah Ports Authority, Gulftainer Company Limited reports. This service serves a wide swathe of the Indian Ocea...
THE UAE's General Civil Aviation Authority director general, Saif al Suwaidi, has declared that the fees the Iraqi government imposes on foreign air cargo are too high and limit the flow of essential goods into the country, The National newspaper reports. Mr Al Suwaidi also said that operators asking for permission to fly cargo into Iraq have complained ...
AIR CARGO WORLD has released its seventh annual Air Cargo Excellence (ACE) Survey which measures carriers and airports on specific criteria and ranks these to identify above or below average performance in individual areas and by region. Airports with top airfreight carriers in the million-tonne plus category were Memphis in North America, Amsterdam in E...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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