Media
Media
SINGAPORE's Neptune Orient Lines, owner of the APL container line, has announced a 55 per cent third quarter profit increase to US$282 million, recovering from a year-on-year net loss of $139 million, an improvement credited to a 55 per cent revenue hike to $2.4 billion. Net profit for the first three quarters of 2010 was $283 million compared to a net...
A joint venture between PetroChina Co. and China Ocean Shipping (Group) Co. plans to apply for a license to sell marine fuels in Singapore to capture rising demand in the world’s biggest bunkering port. China Marine Bunker (PetroChina) Co. is seeking the right to sell the fuel from the Maritime and Port Authority of Singapore, said two company off...
Somali pirates have released a Panama-flagged bulk ship along with its crew of 21 from Philippines which they seized in late April, the head of a regional maritime group said on Monday. The MV Voc Daisy was taken 190 miles south east of the Omani port of Salalah on April 21. "The ship was released on Sunday, and it is headed to Salalah. The 21 Filip...
NOL Group today reported net earnings of US$282 million for the third quarter of 2010, a $421 million turnaround from the $139 million net loss in the third quarter of 2009. The Singapore-based carrier said revenue in the third quarter improved 55 percent to $2.4 billion and the group expects to end the year in the black. "Strong demand and an impro...
BRITISH and Irish forwarders are unable to pass on the cost of random custom inspections to shippers because of a lack of back-up documentation from ocean carriers detailing additional cost which can include storage fees and transport to the scanners that can run up to US$717. One Irish forwarder said that although shippers 'begrudgingly pay' for scan...
US CUSTOMS and Border Protection has announced that 80 per cent of importer filings comply with the Importer Security Filing since the 10+2 rule was introduced in January. The agency also identified around 1,000 un-manifested containers among vessel stow plans filed by carriers, which potentially pose the highest security risk, reports Newark's Journal...
MARSEILLES-based French shipping giant CMA CGM launched its New Victory Bridge service, in partnership with Chilean carrier CSAV, linking north Europe to US south Atlantic, Mexico and the US Gulf effective immediately. The service, previously operated in cooperation with MSC will deploy five vessels of 3,000 TEU (three from CMA CGM, two from CSAV) which...
KOREA's Hanjin Shipping is expanding its Asia-South African services from the end of October when it joins the weekly link provided by Japan's "K" Line and Singapore's Pacific International Lines (PIL). Through a slot purchase deal, Hanjin will buy between 250 and 300 TEU a week, the size varying with the size of vessel in the service, which deploys ...
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
qq.com