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Media
FRENCH carrier CMA CGM will receive the 12,552-TEU ship CMA CGM Alaska this month, which will join its Far East-North Europe FAL 1 service. Industry analyst Alphaliner said the ship will become the largest unit on the loop, currently operated with 11 vessels of 9,500 to 11,400 TEU. CMA CGM will also boost its Asia-North Europe FAL 3 service...
Drewry Shipping Consultants is forecasting average ocean freight rates on major east-west trade lanes will decline 7 percent this year as large ocean carriers once again gear up for a fight for market share. In its latest quarterly Container Forecaster, the London-based consulting firm said carrier profitability will fall back to around $8 billion follo...
Although the commercial shipping sector accounts for only 3.3 per cent of global carbon emissions, the industry should not be complacent in its effort to be "greener", says to Exim News Service Maritime Institute of Malaysia senior fellow, Mr Nazery Khalid. "There is growing pressure for the sector to clean up its act amid growing demand for maritime-re...
AS a shipping centre, Singapore continues to attract a broad range of maritime players to support its port operations and the diverse needs of shipowners and operators, says Transport Minister Raymond Lim. Speaking at the Singapore Maritime Foundation's New Year cocktail reception, Mr Lim said last year the city-state welcomed established maritime serv...
PIRATE attacks off the Horn of Africa have increased year on year with 53 ships seized in 2010, up from 51 in 2009, said officials, who add that 31 ships, with 600 crew, are still being held. USA Today reports that Somali pirates have changed their tactics and can now prey on ships further out at sea, enabling them to evade an international flotilla est...
CKYH ALLIANCE, comprising Cosco, "K" Line, Yang Ming, and Hanjin, will curtail six sailings on its Far East-Europe services after Chinese New Year, reports Alphaliner. Affected loops include NE1, NE2, NE3, NE4, MD2 and MD3, which will reduce one sailing each in February. The four carriers will also apply slow steaming on the backhaul services for on...
DENMARK's Maersk Line has announced it will add two new 13,092-TEU containerships, the Maersk Edmonton and the Maersk Erving, to its Asia-Europe AE-7 service in February in March to replace the two 9,500-TEU class Maersk Algol and Gjertrud Maersk, reports Alphaliner. The AE-7 service, which was initially introduced, envisioning eight 15,200-TEU E-class...
THE active global containership fleet has increased 21 per cent from 11.55 million TEU in January 2010 to 13.94 million TEU at present after adding 1.39 million TEU, involving the reactivation of 1.18 million TEU of last year's idle capacity, according to Alphaliner. This has lead to a decrease of idle capacity from its pinnacle of 1.51 million TEU in ...
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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