TS LINES has launched a transpacific CAE loop and a CME-2 Middle East service with a plan to open a Far East-US route in April, said a company statement. The carrier has deployed five 3,000-TEU, 22-knot vessels on the CAE route, calling at Hong Kong, Shenzhen-Yantian, Xiamen, Shanghai, Ningbo, Long Beach-LA and back to Hong Kong. The CME-2 Middle Ea...
Houston: ABS and the China Classification Society (CCS) strengthened their collaborative efforts by entering into a new Cooperation Agreement on 24 November in Washington, DC. While the agreement is comprehensive, the offshore industry will be a priority area of focus for the two leading classification societies. CCS and ABS will also ...
Seoul: Korea's SK Shipping has signed a contract with compatriot shipbuilder Hyundai Heavy Industries (HHI) at Hyundai Hotel in Geyongju on November 25 to build a VLGC of 82,000 cbm class. The VLGC is slated to arrive at SK Shipping in the beginning of 2013, and its price is said to be around the mid-$70m. One insider from SK Shipping told local me...
SHIPPERS should consider insuring throughput rather than discrete items at various stages of a voyage to cut risk and save on insurance premiums, according Lancashire insurance broker, Bolton-based aba Group. "Insurance known as stock throughput can provide wider cover at lower cost than a combination of property and marine policies," said aba Group man...
NIGERIAN drug enforcement and customs officers have intercepted another container of contraband from Iran, but this time it's 130 kilogrammes of heroin rather than munitions seized in October, reported the Daily Trust. The National Drug Law Enforcement Agency (NDLEA) received an overseas tip about the consignment coming by sea four months ago and monit...
THE Kuwait city government has been charged with issuing "temporary releases" of consignments of reportedly spoilt meat from abroad as a favour to some companies and influential people, reliable sources told Al-Watan Arabic daily. Prime Minister Sheikh Nasser Al-Mohammad Al-Sabah reportedly ordered ministers to reveal facts and punish those responsible ...
THE Antigua-flagged MCL Bremen and a Turkish-flagged freighter MV 26 Agustos foiled separate attempts in the Indian Ocean to board vessels by locking themselves into secure rooms until the pirates took flight. The German ship owner of MCL Bremen notified that its crew of German national, captain, three Ukrainians, a Russian officer and seven Filipinos, ...
MAERSK Line, the largest carrier of the world, has denied it has signed a contract for ten 18,000-TEU containerships with South Korea shipbuilder Korea's Daewoo Shipbuilding & Marine Engineering. It was reported by Lloyds List that the orders would amount to US$2 billion, and Korea Economic Daily also reported that Daewoo would sign a $4 billion or...
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