Shipping News

Maersk idles ships, turns to Latin America, Africa to grow Sep 29, 2010

DENMARK's Maersk Line is increasingly turning its focus to serving the trade between Asia and Latin America and Africa. "It's really the west and the old economies that have a growth issue," Maersk Line chief Eivind Kolding told London's Financial Times. "It's not the rest of the world." Maersk Line, he said, was preparing to lay up ships to mee...

930,000 sign IMO petition to end piracySep 28, 2010

GLOBAL maritime organisations have handed in an "End Piracy" petition to the International Maritime Organisation (IMO) in London, as part of a campaign intended to coincide with World Maritime Day. The 930,000-signature petition, handed to IMO secretary general Efthimios Mitropoulus calls for action to secure the release of kidnapped seafarers and the r...

Iraq signs with company to create new 66-freighter fleetSep 28, 2010

THE Iraq government has signed a deal with an international company to jointly operate 66 cargo ships, reports The Associated Press. Iraq intends to rebuild its maritime capability, including the training of seafarers and to augment the two cargo ships and four tankers it not possesses. Iraq's fleet of tankers and cargo vessels was largely destroye...

UASC entry in southeast Asia-Australia trade a firstSep 28, 2010

THE United Arab Shipping Co (UASC), China Shipping, Hyundai Merchant Marine and Hapag-Lloyd have started a service linking southeast Asia and Australia, according to ComPair Data. The new weekly service - dubbed AAC1 by UASC, SAL by Hapag-Lloyd and Hyundai, and AUS3 by China Shipping - is run by UASC., Hapag-Lloyd, China Shipping and Hyundai Merchant Ma...

MSC increases surchargesSep 28, 2010

GENEVA's Mediterranean Shipping Co (MSC) has announced that it has increased surcharges on container movement from Europe Venezuela starting this week. To Puerto Cabello, MSC will levy a US$250 terminal handling charge on all import cargo, while increasing the existing drop-off surcharge on import cargo at the port to $260 per container.To La Guaira, t...

Docking Chinese ship attacked by armed robbers in Lagos Sep 28, 2010

FOUR armed robbers recently attacked a Chinese geared 156-metre long cargo ship, the Feng Shun Shan, docking at berth 9 of the Lagos Port Complex as it was docking, reported Xinhua. "About 2200 hours, four armed men came with a speed boat and used their rope to come on board the vessel," said the deputy general manager of GMT Shipping Nigeria Babatunde ...

WSC blasts Oberstar bill, says it risks great harm to shipping Sep 28, 2010

US HOUSE bill, the Shipping Act of 2010, that would eliminate antitrust immunity for ocean carriers, received a hot reception from the big shipping lobby after it was introduced by Minnesota Congressman James Oberstar, also chairman of the congressional transport and infrastructure committee. "If enacted," said the World Shipping Council, which represen...

Japanese ship orders increase 111pcSep 28, 2010

JAPANESE export ship orders were up 111 per cent year on year to 5,867,651 gross tons in the first five months of fiscal 2010, starting April 1, showing a rise for the ninth consecutive month, reports the Journal of Commerce citing the figures released by the Japan Ship Exporters' Association. But the gross tonnage in August was still 29.7 per cent low...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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