Shipping News

Maersk delays EU customs manifest fee from January 1 to 15 Jan 5, 2011

DENMARK's Maersk Line has announced that it will postpone the collection of a fee from January 1 to January 15 for added costs in complying with new European customs rules demanding advanced manifests. The US$25 fee per bill of lading will be applied later to allow customers to acclimatise themselves with the new rule, that demand carriers provide entr...

Pipavav Shipyard, SAAB ink MoU for Defence worksJan 4, 2011

Pipavav Shipyard has signed a memorandum of understanding (MoU) with SAAB Dynamics AB as part of a Defence co-production initiative taken by Wallenberg Group in India. This will enable Pipavav Shipyard to enter the army and air force segments, according to Exim News Service. SAAB Dynamics AB is a part of the Wallenberg Group, a Swedish multinational com...

SITC purchased slots Jan 4, 2011

Shanghai's SITC International has purchased slots on CSCL's Ningbo-Shanghai-Japan service to provide a new weekly service connecting Ningbo and Shanghai to Tokyo, Yokohama, Nagoya, Osaka and Kobe. This service offers a butterfly pattern with two wings, named CKT-2 and CKT-5 by SITC, said Alphaliner. (Source:www.transportweekly.com)

Wärtsilä introduces new more powerful version of its Wärtsilä 32 engin...Jan 4, 2011

Wärtsilä, the marine industry's leading solutions provider, has introduced a more powerful version for marine applications of its popular Wärtsilä 32 engine. First introduced in the 1980s, and with more than 4000 units sold to the marine industry alone, the Wärtsilä 32 engine has proven to be a highly efficient and reliable so...

Decline in Asia to Europe rates slowsJan 4, 2011

The decline of container rates on the Asia to Europe trade slowed last week, as prices dropped just US$4 per teu. According to the Shanghai Shipping Exchange (SSE), rates on services from Shanghai to Northern Europe dropped from $1,337 per teu for the week ending 10 December, to $1,333 per teu for the week ending 17 December. However, this price dro...

Shipping Corporation of India Hikes Rates to EuropeJan 4, 2011

State-owned Shipping Corporation of India announced a general rate increase on the westbound trades from India to Europe, as part of what it calls a rate restoration program. Starting Feb. 1, the planned increase will be $250 per 20-foot equivalent unit. The GRI will apply to all cargo moving from India to North Europe, the United Kingdom, the Medit...

Shippers turn to Beijing as ‘unfair’ charges leviedJan 4, 2011

Shipper groups in Hong Kong and the mainland plan to lobby Beijing over what they say are unfair and costly surcharges levied by container shipping lines on freight shipments. This comes as Maersk, the world's largest container line, plans to raise fees and charges from today for cargo being shipped from the mainland and Hong Kong, the South China Morn...

Hamburg Sud expands Asia-South Asia presenceJan 4, 2011

Hamburg Süd will expand its presence in the Asia-India/Pakistan trade by joining the new service operated in cooperation with Evergreen and Simatech on January 5. The new service (ASIP 2) will deploy six 2,700 TEU vessels with the port rotation: Xingang – Qingdao – Shanghai – Ningbo – Hong Kong – Singapore – Tanj...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

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

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