A Danish giant's decision to pull out of Kaohsiung is seen as a huge blow to the port's future as China gains ground. The world's largest boxship player has denied it is abandoning its operations in Taiwan in order to concentrate on the growing Chinese market. Maersk Line told TradeWinds that the decision to pull out of Kaohsiung Port was made as par...
The Port of West Sacramento announced that the US Department of Transportation (DOT) is awarding US$30 million to a partnership including the ports in West Sacramento, Oakland and Stockton to launch an inland marine highway service, reported Agriculture Week. As part of the American Recovery and Reinvestment Act's $1.5 billion Transportation Investment G...
- Hams Hall, the Birmingham railfreight terminal and logistics hub owned and operated by Associated British Ports (ABP), has had its most successful year to date. Despite the downturn in the global economy, business has excelled at the Midlands premier intermodal facility with 15 new weekly train services added. ABP acquired the 11-ha terminal in 2002 and...
Copenhagen: Following in the famous footsteps of Chinese admiral Zheng He, The Containership Company is to launch its first service from the Jiangsu port of Taicang to Los Angeles/Long Beach on April 17. Flagged up as box shipping’s answer to budget airlines TCC will become the first line to offer a direct service between Taicang - where Admiral Zheng...
Yangon: The state-run Myanmar Port Authority (MPA) plans to privatise ports in Yagon as well as offer build-operate-transfer agreements to companies, according to local media. Hutchison Port Holdings has run a terminal in Myanmar for a number of years. Beyond that though, the terminal situation in Myanmar is woefully underinvested. Under new government ...
Nairobi: Somali pirates have released a Singapore-flagged chemical tanker with 17 Indonesian crew members held hostage after ransom was paid, according to media reports. EU Naval Force spokesman Commander John Harbour was quoted as saying on Saturday that the MV Pramoni and its 24-member crew had been released by the pirates and that the vessel had set a ...
Bermuda: John Fredriksen’s Ship Finance International has converted orders for container feederships at two Chinese yards to handysize bulkers. The New York listed shipowner has converted orders for a quartet of boxships to seven bulkers of between 32,000 dwt and 34,000 dwt and two undisclosed Chinese shipbuilders. The bulkers are being contracted at ...
FRENCH shipping giant CMA CGM has announced increased rates on major trade lanes starting March 1, plus adding a peak season surcharge from north Europe to the Middle East, Gulf and the Red Sea. From all north European ports, including the UK, Scandinavia and the Baltic area, to the Red Sea a peak season surcharge of US$100 per TEU and $200 per FEU will b...
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