Media
Media
FORWARDERS are finding the pace of rate declines in the Asia-Europe trade lanes slowing since mid-December, reported London's International Freighting Weekly. According to the Shanghai Shipping Exchange (SSE), rate for Shanghai-Northern Europe line decreased only US$4 from $1,337 per TEU as of December 10 to $1,333 as of December 17. And the rate went ...
Somali pirates released a German-operated chemical tanker but others seized another vessel carrying a cargo of petroleum, maritime sources said on Tuesday. The Marshall Islands-flagged Marida Marguerite and its crew of 22 was hijacked in May by pirates firing automatic weapons and rocket-propelled grenades 120 miles south of Oman. It was freed after its...
Seoul: Korea based- shipbuilder Daewoo Shipbuilding and Marine Engineering anticipates receiving orders worth $11bn in 2011announced DSME ceo Nam Sang-tea. The new target follows on the heels of the yard having bagged contracts worth $11.2bn in 2010 - higher than its original goal of 1bn. (Source:www.seatrade-asia.com)
Shanghai: Chinese shipping company Hua Yang International Marine has placed orders for six bulk carriers with China-based Yangzijiang Shipbuilding. The contract, for which the pricing remains undisclosed, entails the construction of two panamax bulk carriers, two handymaxes and four 47,500dwt bulk carriers. Singapore-listed Yangzijiang Shipbuilding bo...
MISC Bhd has reduced both the port rotation and capacity of its Malaysia-East Asia service (MES), after one of the four 1,725-TEU containerships used on the service was removed earlier in December. Port of calls at Manila, Tokyo, Yokohama, Nagoya and Shanghai have been removed from the port rotation, and the service now turns back at Ningbo, reports Par...
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. Alphaliner said this service offers a butterfly pattern with two wings, named CKT-2 and CKT-5 by SITC. (Source:www.schednet.com)
KOREA's Hanjin Shipping, STX Pan Ocean and Sinokor are raising the capacity of their joint Far East-Middle East Express service (FMX), by replacing the four 4,250-TEU vessels operated by Hanjin with 5,300-TEU ships. A report by Alphaliner said Hanjin has taken the larger 5,300-TEU ships from its transpacific services. The two other ships used on th...
MAERSK LINE and Safmarine are adding calls at the south China terminals of Nansha and Yantian near Shenzhen to their south East Asia-East Africa Mashariki Express relay service. The new port rotation for the service will be: Nansha, Yantian, Tanjung Pelepas, Mombasa, Dar Es Salaam, Tanjung Pelepas, Nansha. From January 4, 2011, a seventh vessel of 2...
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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