Media
Media
Keelung: Yang Ming Marine Transport Corp said Thursday it is planning to spend more than NT$2bn (US$68.56m) to buy containers in 2011. A total of 30,000 teu will be bought as newbuilds arriving to the Yang Ming fleet this year mean cargo volumes shipped are likely to grow 8-9%. In late December, rival Evergreen Marine...
NYK PRESIDENT Yasumi Kudo told the company in his review and outlook New Year's message recently that the group's fuel costs came to JPY200 billion (US$2.43 billion) a year, even after the group-wide fuel-saving initiative. In our report Thursday, we mistakenly rendered the "billion" as "million" in the US currency conversion. We...
Although the commercial shipping sector accounts for only 3.3 per cent of global carbon emissions from the industrial sector, the industry should not be complacent in its effort to be "greener", says Maritime Institute of Malaysia senior fellow Nazery Khalid. "Concerns over carbon emissions have emerged as a key driver which is res...
SHIPPING Corporation of India (SCI) chairman Sabyasachi Hajara says 2011 will be a difficult year because an excess tonnage supply will depress freight rates. In an interview with India's Business Line, Mr Hajara said 2010 was a record year for delivery of new ships and 2011 will be closely following that, and thereafter it ...
THE fleet of idle containerships has stayed much the same at 326,000 TEU in the last month amounted to 2.3 per cent of the total cellular fleet. But an increase in demand is expected among carriers in coming weeks ahead of Chinese New Year, a traditional annual surge before the holiday shutdown of production in China. ...
Global containership fleet increased 9.1 per cent last year to 4,849 ships totalling 14,270,000 TEU, according to industry analyst Alphaliner. At January 1, the number of ships (cellular and non-cellular) deployed on liner trades reached 5,970 totalling 14,809,000 TEU, up 8.6 per cent in 12 months. A...
AN Israeli court has postponed hearing an appeal to end a national dock strike after the union said progress had been made in talks with employers, Bloomberg reports. The Federation of Israeli Chambers of Commerce petitioned the National Labour Court to end the four-day strike, telling the court that it would cost the economy...
MAERSK has announced its new Mashariki Express service, offering direct sailings from south China's Pearl River terminals of Nansha and Yantian to east Africa's Mombasa and Dar es Salaam. Instead of transshipping from Malaysia's Tanjung Pelepas, Maersk will now provide direct sailings to Africa from the Pearl River Delta, said a...
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
qq.com