MARSEILLES-based French shipping giant CMA CGM has introduced a direct call to Vietnam on its weekly FAL 3 service linking Port of Hamburg to the Far East with chartered slots from its subsidiary ANL and China Shipping. The CMA GGM OTELLO inaugural calling at the port of Cai Mep, south of Vietnam followed a 22 day transit time from Hamburg. The service ...
Tokyo: It has been a meteoric year for Vietnam’s container trades with the opening up of deepwater terminals and subsequent services linking the former French colony to the world, making the need for feedering to places such as Singapore increasingly redundant. Now The New World Alliance (TNWA), which includes Mitsui O.S.K. Lines (MOL), APL, and Hyund...
Hong Kong: Orient Overseas (International) Ltd., Hong Kong’s largest container line, said the delivery of four new ships had been postponed partly because of production delays, Bloomberg reported. The shipping line is also pushing back handovers to avoid adding new vessels in traditionally quieter parts of the year, he said. The four ships wil...
Seoul: Germany's Hapag-Lloyd has ordered four 13,200-teu containerships at Hyundai Heavy Industries (HHI). The liner giant has also agreed to upgrade to the same capacity six of the 8,749-teu boxships it had inked at the South Korean shipyard back in 2008, according to a statement. The vessels are its largest orders to date and are destined to oper...
Hong Kong: The debt laden Titan Petrochemicals Group said Monday it has signed an agreement to sell a 95% stake in Titan Quanzhou Shipyard to rapidly expanding Grand China Logistics for Yuan 1.866bn ($280m). In addition, Titan will issue 500 million new shares at a price of HK$0.61 ($0.08) to Grand China Logistics, Titan said in a statement to the Hong ...
FRESCO, the new Freight Rate Exchange for Shipping Containers, has been launched by Linescape in a bid to raise "the bar in competitive purchasing and sales for the freight forwarding sector and buyers of freight services. The service follows the launch of the company's on-line search engine for container sailing schedules that hosts schedules from mor...
THAILAND's Regional Container Lines (RCL) and the Kambara Kisen Company (KKC) of Japan plan have confirmed reports that they aim to establish a joint venture. The intra-Asian feeder and domestic carrier and the Japanese coastal operator said they were extending "our existing cooperation into a joint-branding business partnership," reported Container In...
MEDITERRANEAN SHIPPING CO. has announced that it will assess terminal handling charges on shipments transported from Japan to the United States, and from Xingang, China to the US, starting from January 1, 2011. The charges from Japan are approximately US$380 per 20-foot container, $495 per 20-foot reefer container, $550 per 40-foot or 40-foot high-cube ...
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