CHENG Lie Navigation Co (CNC), the intra-Asia arm of CMA CGM, has announced a new service linking Japan, Korea, Taiwan, China, Vietnam and Singapore. The new I-A6 service will call at Osaka, Kobe, Hakata, Pusan, Keelung, Hong Kong, Haiphong, Tanjung Pelepas, Singapore, Danang, Haiphong, Hong Kong, Shenzhen-Yantian, Xiamen and back to Osaka. Paris-ba...
Korean energy conglomerate STX Group has revised its total sales target for 2011 to 30 trillion won or some $27 billion, the group chairman said. This is an increase of about 30 percent from this year's 25 trillion won projection. In 2009, the group had 24.5 trillion won in sales on a consolidated basis ― an international accounting measurement that in...
The volume of goods transported by the North-Western Shipping Company (NWSC) totaled 4.7 million tons in January-September this year, up 5% over the same period last year, the company’s press service said. During the period export shipments reached 2.3 million tons, a year-over-year 6.5-percent drop. This was due to a general decline in outbound g...
At least six operations are planned to lead Russian tankers through the ice-bound Northern Shipping Route next summer, the captain of the Rossiya nuclear-powered icebreaker said on Tuesday. The route from Murmansk to the Bering Strait and then on to Southeast Asia slices 5,000 nautical miles and 15-20 days off each journey, currently carried out on the ...
Shanghai: Nanjing Tanker Corporation will see its fleet grow by one fifth in the current quarter. With three VLCCs and two MR2 tankers to deliver the firm will boast a 4.84m dwt fleet by the end of 2010. Overall, the fast evolving tanker firm will see its fleet grow 45.8% throughout this year. No other Chinese tanker firm has had a more meteoric year than N...
Tokyo: NYK launched the Chinese Pilots Training Program in cooperation with the China Maritime Pilots’ Association (CMPA). For CMPA, it’s the first training program to be conducted on Japanese carriers. This cooperation was organized and supported by the Ministry of Transport (MOT) of China. The joint program aims to provide Chinese pilots the c...
Hong Kong: The unaudited operational update for OOCL for the third quarter show total volumes were 16.0% up on the same period last year. Total revenues increased by 65.5% to $1.57bn. With a 10.4% increase in loadable capacity, the overall load factor was 3.9% better than the same period in 2009. Overall average revenue per teu increased by 42.6% compared t...
THE intra-Asia market will be the "focal point of the container shipping industry in the future", keeping pace with Asia-Europe and transpacific volumes, according to Evergreen Marine Group chairman Bronson Hsieh. Speaking to an industry conference in Shenzhen, Mr Hsieh said: "Our company anticipates that the intra-Asia market will continue to benefit f...
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