Logistics News

COSCO contracts 3 livestock carriersMar 8, 2011

COSCO Guangdong Shipyard won 3 plus 1 optional 15,000dwt livestock carriers from unnamed European shipowner. The owner paid the deposits for this special ships last month to make the order effective. The newbuilding price is around US$28.25m per vessel, the delivery date are due for 2013 and 2014. The securied ships will be launched between Feb 2013 and 201...

Evergreen to launch new Northern China-Indonesia routeMar 8, 2011

Anticipating further positive development in the intra-Asia market, Evergreen Line says it is set to launch a new ocean route from Northern China to Jakarta. The Hua-Bei-Indonesia (HBI) service is aimed at providing greater speed and efficiency for customers serving this growing economic region. Indonesia has a population of more than 200m people and is ...

AA Cargo provides online industry information, analysisMar 8, 2011

AMERICAN Airlines Cargo has launched an online resource offering market and industry information and analysis to shippers and freight forwarders seeking to grow their business, branded Business Insights. The site, found at AirCargoInsights.com, aims to provide information on global, regional and industry market opportunities based on current shipping and...

Dragonair, Lufthansa Cargo expand summer servicesMar 8, 2011

HONG KONG's Dragonair will increase frequencies on services to Kaohsiung by 10 - to 42 a week, a total of six return flights a day, said the company in announcing its summer schedule. German flag carrier Lufthansa made a similar summer schedule announcement with details below. For Dragonair, this increases services to and from the mainland, from Nanji...

Liaoning province earmarks US$6.3 billion for transport infrastructureMar 8, 2011

NORTHEAST China's Liaoning province plans to invest US$6.3 billion in transport infrastructure construction through this year, reports Xinhua. The provincial government will invest $2.1 billion in expressway building and maintenance programme, and $913 million in highway construction, $3.2 billion in port construction and $92.3 million in building trans...

Yunnan province increased waterborne freight 16.5pc in 2010Mar 8, 2011

SOUTHWEST China's Yunnan province posted a 16.5 per cent growth in water transports to 4.02 million tonnes in 2010, while passenger volume increased 11.1 per cent over 2009, reports Xinhua. Yunnan's water resource ranks the third in China with more than 8,000 kilometres exploitable shipping channel in more than 60 rivers. (Source:http://www.schednet.co...

Hainan provincial freight movement posts 12.8pc gain in 2010Mar 8, 2011

SOUTH China's Hainan province recorded a 12.8 per cent increase in cargo movement to 224 million tonnes in 2010, reports Xinhua. The road freight accounted for most of the volume at 62.1 per cent a rise to 139 million tonnes, while waterborne cargo contributed 35.3 per cent rising to 79 million tonnes. Rail freight was only 2.4 per cent of the total com...

Cosco imposes US$150 per TEU Asia-Europe bunker feeMar 8, 2011

COSCO Container Lines has announced that it will levy an emergency bunker surcharge of US$150 per TEU including reefer cargo, for its Far East-Europe services from March 15. This decision follows its earlier announcement for $300 per TEU rate increase for Asia-Europe loops starting April 1 and a $90 per TEU container imbalance fee from March 17. (Source:h...

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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