FAR EAST to US container trade increased 17 per cent in 2010 based on data compiled from US Customs shipment data, collected by Zepol Inc. The 2010 growth is the highest annual rate since 2002 and follows the 14.9 per cent contraction of 2009 with eastbound volumes running to 13.3 million TEU in 2010 against 11.4 million TEU in 2009 and 13.4 million TEU...
Shipping lines have started introducing their predicted additional surcharges for Europe-bound cargo following the official implementation on January 1 of new EU Customs import data requirements. Confusingly for Asia-Europe trade shippers and others, they have begun by implementing different levels of charge, under various names, spread over several sta...
Niigata: One crew member died and the master is missing from a small Japanese chemical tanker that sank on Sunday. The 499 tonne Seiyoh capsized in the Sea of Japan with a crew of five onboard, according to local reports. Four crew members were rescued and taken to a hospital in Niigata, however the chief engineer died from a heart attack. The Japan Coast G...
Subic Bay: India-based Adani Shipping has taken delivery of the first of two capesize vessels last Friday, built by South Korea’s Hanjin Heavy Industries and Construction Corporation. The subsidiary of Adani Enterprises has a second vessel scheduled to be delivered within the next two weeks. The inclusion of the two new vessels – Rahi and Vanshi...
NORTH-SOUTH Maersk specialist unit, Safmarine, is dealing with suspected fraud involving a Cameroon-based bogus website called Safmarine Shipping Line SA, under the web address, www.safmarineshippingline.com . "Our legal department is following this matter up closely with the relevant authorities. The issue came to our attention, initially through our ...
AFTER two months in which it increased bunker surcharges, Mediterranean Shipping Company (MSC) will lower the surcharges for imports into the US from February 1. MSC posted a notice on its website stating that its bunker adjustment factor will go down by a few dollars on February 1 from the levels that took effect on January 1. The new surcharges ar...
THE US Federal Maritime Commission (FMC) has announced its intention to investigate the cost savings made by slow steaming and who reaps the benefits, reports American Shipper. "We want to see if savings are shared with shippers, if there has been reduced surcharge activity based on slow-steaming. It will be a very wide-reaching snapshot of slow steamin...
RUSSIA has sent another icebreaker Krasin to its Far East Sakhalin Bay area to work with the Admiral Makarov and the Magadan icebreakers to free a group of ships stranded in heavy ice, reported the Ria Novosti news agency. The Bereg Nadezhdy, the Professor Kizevetter research vessel and the Sodruzhestvo fishery ship have been stuck in two metres of ice ...
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