Media
Media
24 October 2010, the maiden voyage and christening ceremony of M.V.COSCO Kaohsiung, a 10,000 TEU container vessel owned and operated by COSCO Container Lines, were held in Kaohsiung, Taiwan. The ceremony was attended by Captain Wei Jiafu, President & CEO of COSCO Group, Hon. Lian Zhan, Honorary Chairman of KMT and his wife Ms. Lian Fangyu, Hon. Lin Fong...
Evergreen Marine Corp made a second quarterly profit as the global economic recovery revived volumes and shipping rates. Third-quarter net income of US$250 million compared with a net loss of NT$2.58 billion a year earlier, according to calculations based on nine-month results announced by the Taipei-based company, reported the Manila Bulletin. Evergree...
APL, the shipping business of the NOL Group has posted a 60 percent growth in revenue to US$2.2 billion for the third quarter compared to last year. For the first three quarters, revenue was up 51 percent to US$5.9 billion compared to the same period in 2009, reported the Manila Bulletin. APL's core EBIT in the third quarter was $301 million following ...
CANADA's Competition Bureau has announced that Luxembourg's Cargolux has pleaded guilty in Federal Court and fined C$2.5 million (US$2.4 million) for its role in an air cargo cartel. Separately, the Cargolux CEO and his top vice president were charged in Miami with conspiring to fix surcharge rates on shipments to and from the United States, the US Just...
SITC International Holdings Company Limited, a leading China-based shipping logistics company, has announced an agreement with its Vietnamese partner to build and operate a logistics park in Haiphong's Dinh Vu Port in northern Vietnam. The agreement will see SITC International, through its wholly-owned subsidiary SITC Shipping Asia PTE Limited, establish...
AS daily hire rates drop on all trades, a development that is starting to affect the containership charter market, brokers have been instructed by owners to fix at "best possible" on a short-term basis to ride out the trough and await an expected pick up in trade following the Chinese New Year holidays in early February, reports London's Containerisation I...
APL, the container arm of Singapore's NOL Group, has launched a weekly service linking China, Indonesia, Malaysia, Singapore and Thailand called the China Indonesia Straits Service making its third new dedicated intra-Asia service since it introduced the route in 2009, according to the Shipping Gazette. "We're addressing the ever-increasing requirement ...
Marseilles' CMA CGM has announced it will add Rotterdam for import cargo in its FAL5 (French Asia Line) Asia-Europe service from November 6, according to the Shipping Gazette. With a new call in Rotterdam westbound, the transit time between Asia will be two days faster to Le Havre and five days faster to Rotterdam. It will link Port Kelang to Le Havre in...
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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