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DHL has launched a weekly direct less-than-container-load (LCL) service from Shanghai to Atlanta, operated by its in-house carrier Danmar Lines that claims to cut transit up to seven days. At present, Atlanta-bound LCL freight from Shanghai is shipped by sea to Los Angeles where it is de-consolidated, then combined with other freight before making its w...
Singapore's Sembcorp Marine's subsidiary Jurong Shipyard is on track to deliver the ‘Atwood Osprey’, a first of its class ultra-deepwater semi-submersible drilling rig to Atwood Oceanics. Scheduled for delivery in early 2011, the Atwood Osprey will be deployed by Chevron Australia Pty, Ltd to the Greater Gorgon area in northwest Australia....
The Executive Board of TUI AG and the Board of Directors of Hamburgische Seefahrtsbeteiligung "Albert Ballin" GmbH & Co. KG (Albert Ballin) have instructed investment banks Credit Suisse, Goldman Sachs and Greenhill to commence preparations for a stock exchange listing of Hapag Lloyd, the world's fifth largest containership line. In parallel, a search ...
The world's top three container lines have announced freight rate increases, according to shipping industry sources. Maersk has announced rate increases to be effective from January on all container cargo shipments from Asia to Central America and the west coast of South America, reported The Hindu. The rates proposal call for an increase between US$25...
Orient Overseas Container Line (OOCL), the Tung-family-controlled shipping company, could order massive container ships that would be almost 50 per cent bigger than any ship in its fleet, a senior executive confirmed. Such a move would reflect the expected long-term growth in demand in Europe for Asian exports. Stephen Ng Siu-kow, OOCL director of c...
HAMBURG-based shipowner Thien & Heyenga has received the fourth in a series of Wenchong 2800 ships from Wenchong Shipyard, China to be deployed on MISC's Halal Express 2 service (HE 2) to replace AS Palatia, which has been redeployed on its NileDutch route. The 2,758-TEU Stadt Cadiz is the second to be chartered to the Malaysian shipping company fr...
OVERWEIGHT containers are putting lives at risk, creating higher operating costs, higher cargo liability claims at sea, and on the road, says the World Shipping Council (WSC) and International Chamber of Shipping (ICS) in a joint declaration. They urge the UN's International Maritime Organisation (IMO) to set legally enforceable rules for weighing befo...
EIGHT are feared dead after a mainland sand barge collided with a short-sea containership and sank off Tung Lung Island east of Hong Kong Island in high winds, the Hong Kong Marine Department reported. Two bodies have been recovered, six were picked up from choppy seas by police shortly after their 75-metre barge overturned, throwing them into the water...
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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