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Media
CHILE's flag carrier LAN (Lineas Aereas Nacionale) has announced a near doubling of third quarter net profit year on year to US$106 million, drawing on revenues of $1.15 billion, an increase of 25 per cent. This follows the announcement of LAN's merger with Brazil's TAM (once Transportes Aereos Regionais), to be renamed Latam Airlines, which when combi...
JIANGSU'S ship exports in the first three quarters of this year increased by 50.5 per cent year on year to US$9.7 billion, Xinhua reported. Processed ship exports valued $9.6 million, up 52.6 per cent, accounting for 99 per cent of the total of Jiangsu's ship export value. These ships are mainly exported to the European Union, Latin America, Hong Kong...
INTERASIA LINES, an affiliate of Wan Hai Lines, has started offering a Japan-Taiwan-Vietnam service by purchasing slots on Wan Hai's JSV service and on Yang Ming's upcoming Japan-China-Malaysia service (JCM). A report by Alphaliner said that Interasia Lines' commercial operations are run autonomously, while its operations and equipment management are c...
KOREA's Namsung Shipping has launched a new intra-Asia service to be managed by the Namsung Shipping Hong Kong Ltd, linking south China to Vietnam that started on October 24, the company has announced. Namsung Hong Kong managing director Brave Lee said this was the first service to be managed by Namsung Shipping Hong Kong Limited. "This service provide...
MSC has deployed two 8,000-TEU ships, the MSC Maeva and the MSC Lucy, on its Far East-South Africa Cheetah service. The ships are scheduled to call at Port Louis, Mauritius and Durban, South African. The two vessels deployed on the service have been removed from MSC's east-west loops through cascading, after taking delivery of 14,000-TEU ships, of whic...
TAIWAN's Yang Ming posted a 282 per cent third quarter profit to US$340 million year on year while its smaller Taiwanese rival Wan Hai profit increased 178 per cent to $152 million in the same period. Like their fellow Taiwan carrier Evergreen, both shipping lines have returned to profit in the third quarter compared to the same period last year because ...
CMA CGM, which was the first to launch the bamboo-floored eco-containers in 2005, is now running a test for new eco-containers manufactured with non-wood composite flooring, the Eko-Flor, according to Exim News Service. In line with its strong commitment to environmental protection, the CMA CGM Group has, for several years, been implementing modern eco-co...
The Container Corporation of India (CONCOR) has been rated ‘AAA (Is)’ by an independent research company in its latest rating report. The rating implies that the company carries minimal credit risk. "Issuers with this rating are considered to be of the best credit quality, offering highest safety for timely servicing of debt obligations," the r...
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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