Media
Media
SIX to nine per cent Asia-US cargo growth next year is anticipated by the Transpacific Stabilisation Agreement (TSA). "The transpacific market is clearly returning to some kind of normality, with the US and Asian economies linked and imports from Asia vital to US consumers and businesses," said TSA chairman and Hanjin Shipping chief YM Kim. Citing A...
The global container ship order book grew in October for the first time since July 2008 as new orders outpaced deliveries. The cellular container ship order book on Nov. 1 stood at 3.79 million 20-foot equivalent units capacity, or 26.6 percent of the current fleet, according to Alphaliner, a Paris-based industry consultancy. This was marginally hig...
Ferry operator Irish Continental Group (ICG), which trades as Irish Ferries, posted a 9pc rise in earnings (EBITDA) to €25m in the three months to the end of September as turnover remained almost flat at €81.2m for the period. In a meagre interim management statement issued yesterday, ICG warned that the economic backdrop to its business remai...
Japanese export ship orders surged 88.5 percent in October compared with a year ago to 675,300 gross tons, according to figures released by the Japan Ship Exporters' Association. Climbing back after 15 months of steep decline in the global recession, ship orders have grown by large double digits and sometimes into triple digits in the last 11 months. I...
MItsui O.S.K. Lines (MOL) has established a joint venture with two local companies in Vietnam and started a tugboat business. The joint company will allocate high-powered, high-performance tugboats in Vietnam’s Cai Mep/Thi Vai area, where deep-water container terminals are now under development. It will offer safe, high-quality support services fo...
Singapore's NOL chief Ron Widows told a group of garment importers that tight shipping capacity and lack of containers in the industry might emerge in next few years, reported American Shipper. "Based on the bounce that we have seen, as well as what we have seen on the asset side, we are probably looking at something around 2013 when not only is there ...
Germany's Hapag-Lloyd has announced it will carry out an extended winter programme for the AES Atlantic Express Shuttle (AES Service) and then suspend it until market volume returns. This adjustment will come into effect for westbound route after December 14, date of last sailing from Antwerp, and eastbound after December 18, date of last sailing from ...
ECU LINE POLAND has announced that it will commence a direct less-than-container-load (LCL) service from Warsaw to the Far East and South East Asia, and has appointed a regional sales manager for the Warsaw area, in a bid to attain its goal of becoming a leading NVOCC in the Polish market within the next two years. The move comes in response to customer...
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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