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Media
COSCO Container Lines has announced it will increase rates on all shipments from the Far East to the east coast of South America from November 1. The increase will be US$400 per TEU and $800 per FEU and 40-foot high-cube, applying to dry and reefer containers. (Source:www.schednet.com)
Seoul: Reports are emerging of a mega deal secured by Korea’s STX Pan Ocean whereby the line will order 20 specially designed 57,000 dwt open hatch geared bulkers and these ships will go on a 25 year charters to a Brazilian outfit. Brazilian private company Fibria Celulose has greenlighted $5bn for STX Pan Ocean for the shipping of pulp from Brazi...
Shanghai: George Economou’s Cardiff Marine has reportedly gone to Shanghai’s Hudong-Zhonghua Shipbuilding for four 8,500 teu containerships, paying just under $100m per unit. The ships are due in 2013 from Hudong-Zhonghua’s new mega yard just north of Shanghai on Changxing island. Cardiff Marine became the first Greek owner last we...
Seoul: Hanjin Shipping has announced that it is participating in Asia - South Africa direct service effective end of this month. Named SFX (South Africa Express), this service connects Asia and South Africa directly calling Shanghai, Ningbo, Keelung, Hong Kong, Shekou, Port Kelang, Durban and Cape Town. Hanjin Shipping will be participating in the service t...
ISRAELI flag carrier Zim has entered in a slot exchange agreement with Hapag-Lloyd on the Northern Europe/West Africa trade. Zim and Hapag-Lloyd will take slots on MOL's ARN service, which calls at Antwerp, Thamesport, Dakar, Tema, Lagos (Tin Can Island), Abidjan, Vigo and Antwerp. The ARN service uses three 2,000-TEU ships operated by MOL, accordi...
THE Singapore Shipping Association, which includes Asia's largest container shipping lines plus AP Moller-Maersk, has voiced its support for a proposal to extend ocean freight carriers' antitrust immunity in the city state until the end of 2015. The comments follow a recommendation by the Competition Commission of Singapore (CCS) to extend the antitru...
THE Containership Co (TCC) recently announced its transpacific Great Dragon service will add a call at Qingdao starting from November 15, on a complete rotation of Taicang, Ningbo, Qingdao, Los Angeles and back to Taicang. The shuttle service was launched in April and has been operated with five vessels with an average capacity of 2,960 TEU, reports Ame...
MARSEILLES' CMA CGM, the third largest carrier in the world, is close to accepting the deal of selling 20 per cent of its shares to Turkish group Yildirim for US$500 million. If CMA CGM agrees the offered term, it will receive payment at the end of November, said French financial daily Les Echos, and the French government's strategic investment fund, ...
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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