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WAN HAI LINES (WHL) has announced that it is resuming its Far East to Black Sea service called FBS, which will be jointly operated with Pacific International Lines (PIL). "In 2009, due to the sudden market downturn, WHL and PIL suspended their FBS service. In order to meet customers' requirement to provide additional service coverage, both parties deci...
Somali pirates have freed a Saudi-owned tanker Al Nisr al Saudi after receiving an unknown sum in ransom for the ship seized in March, says a maritime official. The 5,136-deadweightonne tanker had been on its way from Japan to Jeddah with one Greek and 13 Sri Lankan crew members. "The ship was freed on Tuesday after ransom was paid. The crew is safe...
According to the Shanghai Containerized Freight Index (SCFI), rates on services from Shanghai to Europe hit $1,358 per teu last week, which is $42 less than the previous week. This is the lowest level rates have been at all year, following a high of $2,164 per teu recorded in March. The SCFI’s overall index, which covers 15 destinations from S...
Yang Ming Marine Transport has decided to lease a 36-hectare plot of land in Kaohsiung Harbour to build a mega US$133 million logistics centre, in anticipation of business opportunities associated with the possibility of becoming a delivery port of the London Metal Exchange. A ranking official of Yang Ming confirmed that the company would have Kao Ming ...
In order to improve Zim’s Services between Asia and Europe, ZIM is introducing the following changes to its East Med Express Service (EMX) and Asia-Med Europe Service (AME), which will come into effect at the end of December. From December 29th, the EMX service will start calling Qingdao, one of the fastest-growing ports in northern China. The new...
CONTAINER shipping lines may find it difficult to implement higher freight rates planned for January on the back of high inventory levels and modest capacity cuts, according to Alphaliner. It believes that the factors that enabled carriers to sharply boost rates at the beginning of 2010 are "noticeably absent" for the next round of increases, reports Th...
ECU LINE is now connected to INTTRA network following a successful pilot program using the non vessel operating common carrier (NVOCC) e-commerce platform. The Antwerp-headquartered company will now receive shipping instructions electronically from its customers. We expect the INTTRA network to be our fastest growing electronic documentation channel wor...
THREE seamen are known dead and four men and a woman were still missing and feared drowned after the a ship collision near Hong Kong harbour Tuesday as divers and pilots continued to face choppy seas and strong winds and currents to continue the search, reports the Hong Kong Standard. All survived aboard the larger, but still small container feeder ship...
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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