Shipping News

Beijing slows Japan cargo with closer customs inspection Sep 28, 2010

CHINA has carried out more stringent inspection of Japanese cargo after demanding an apology and compensation from Japan for the detention the captain of a Chinese trawler that collided with two Japanese coast guard cutters in waters near disputed islands claimed by the two countries, reports the Asahi Shimbun. China Customs has begun checking all comme...

World Shipping Council elects new board membersSep 27, 2010

The World Shipping Council elected Kenji Mizushima, CEO of “K” Line’s global liner management division, to its board at its semi-annual meeting in September. Mizushima fills the position formerly held by Masakazu Yakushiji, executive vice president of MOL. The Council also re-elected four board members to new two-year terms, includ...

Trans-Pacific lines create shipper advisory groupSep 27, 2010

Trans-Pacific container lines formed a 16-member shipper advisory board to discuss solutions to problems that provoked complaints by exporters of agricultural goods and other commodities. The Westbound Transpacific Stabilization Agreement, the discussion agreement that represents 10 carriers in the U.S.-to-Asia trade, said the board results from a serie...

SCI to Invest $4 Billion in New ShipsSep 27, 2010

State-owned Shipping Corporation of India plans to spend an estimated $4 billion on fleet expansion over the next five years. “The plan is to double our cargo carrying capacity to 10 million deadweight tons from about 5.1 million dwt now,” said Sabyasachi Hajara, chairman and managing director, at a shipping summit in Mumbai Friday. He s...

Singapore to extend block exemption for liners until 2015 Sep 27, 2010

Singapore's Competition Commission is advising the Minister for Trade and Industry to extend a block exemption for liner shipping antitrust immunity by five years until the end of 2015. This comes as the current block exemption is due to expire at the end of this year. The recommendation by the Competition Commission would continue to allow ocean liner...

Cancellation of newbuilding contract at DaehanSep 27, 2010

Golden Ocean Group Limited has decided to exercise its right under the shipbuilding contract for the vessel to be named M/V "Golden Changi" to cancel that contract. Golden Ocean (through its nominated buying company, Golden Changi Inc) is entitled to be reimbursed by the builder, Daehan Shipbuilding Co Ltd of Korea, for the installments of the price paid to...

Shipping lines fight to retain US antitrust immunity Sep 27, 2010

The organisation representing almost all of the world's biggest ocean carriers - the World Shipping Council (WSC) - has rejected calls for the block exemption from US antitrust laws to be withdrawn for the container shipping industry. "Carriers have been working co-operatively with the Federal Maritime Commission and with shipper representatives in eff...

NATO's million dollar moonshine shipments evade Pakistani customs Sep 27, 2010

CONTRABAND items found in a 10,000 to 11,000 TEU consignment bound for NATO and International Security Assistance Force (ISAF) in Afghanistan had been cleared by customs into Pakistan as food supplies over a two year period resulting in customs revenue losses. Of particular interest was PKR80 million (US$931,207) in liquor found in a container contracte...

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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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