Shipping News

US Federal Maritime Commission seeks views on EU conference banNov 8, 2010

THE US Federal Maritime Commission is requesting the public's opinion on the European Union's decision in 2008 to end antitrust immunity for liner shipping companies, as part of the FMC's inquiry. The FMC is seeking comments by January 18 on the effects of the EU's repeal on international liner shipping. It said the comments would be incorporated in...

Maersk cuts out two Asia-Europe CMA CGM-linked loops Nov 5, 2010

MAERSK Line, the world's biggest container shipping company, has announced the cancellation of two Asia-Europe services jointly operating with CMA CGM. The first withdrawn Asia-Europe route is the AE11 service scheduled to sail between November 14 and 20. "As a consequence of the above change, export cargo loading from Marseilles-Fos, Genoa, and Gioia ...

Cosco will raise Asia to Europe bunker fee by US$580/TEU December 1Nov 5, 2010

COSCO Container Lines will increase its Asia to Europe bunker charges and currency adjustment factor (CAF) in both directions effective December 1. Shipments between Far East and Mediterranean (including Israel, Lebanon, Syria, and the Black Sea, West Africa and North Africa regions) the surcharge will be US$550 per FEU and $1,100 per FEU, reports America...

Panalpina's quarterly gross profit rises 13pc to US$374 millionNov 5, 2010

SWISS-based Panalpina posted a 13 per cent third quarter year on year gross profit increase to CHF382 million (US$374 million), attributed to a double digit growth in forwarding volumes of 27 per cent in air and 16 per cent in ocean freight. The company originated regular air freight services connecting Luxembourg with the new Dubai World Central-Al Makto...

Iran stays mum on CMA CGM arms shipment till probe done Nov 5, 2010

THE Iranian embassy in Nigeria said it would not comment on the discovery of 13 containers of arms and ammunition from Iran until a state inquiry has concluded. The 13 containers, filled with rockets and grenades, were described on the bill of lading as "packages of glass wool and pallets of stone" and were transported on board the fully cellular 1,800-TE...

Maersk, Safmarine adds Angola loop to West Africa services Nov 5, 2010

DANISH shipping giant Maersk Line and its sister company Safmarine have amended three of their Algeciras/Tangier-West Africa relay services, namely the WAF 1, WAF2 and WAF3. Maersk has furthermore added a tenth feeder service to the West Africa trade that is centred on the Algeciras and Tangier hubs, said Alphaliner. The additional WAF10 loop, it said, ...

Evergreen transfers four 8,000-TEU ships to subsidiaries Nov 5, 2010

TAIWAN's Evergreen Maritime Corp, has reallocated four of the six 8,000-TEU vessels on order from Samsung that were once a part of a 10-ship contract in July involving its main shareholder, Evergreen International, which ordered four of the 10 ships. Evergreen Maritime will keep two of the ships, while the four other vessels will be reallocated to two Ev...

Famous Pacific, Bertling make joint project offer in Sri LankaNov 5, 2010

FAMOUS Pacific Shipping Lanka (Pvt) Ltd (FPS Lanka) and Bertling Logistics India will together offer point-to-point project logistics service from any part of the world to and from Sri Lanka and the Maldives, according to joint statement. FPS Lanka is a member of the Jakarta-based Famous Pacific Shipping Group, a non vessel operating common carrier (NVOCC...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

  • Business Type:trans/forwarder
  • Country:China