Media
Media
CONTAINER rates have started to fall, according to the Shanghai Containerised Freight Index and other monitoring agencies as new capacity makes vessel space easier to find. After increasing to a five-year high to US$2,980 in July, spot rates from Shanghai to the US west coast were down $68 to $2,567 per TEU for the week of September 10 compared to the p...
Mediterranean Shipping Co. will sue Gulf Rocks, the Kuwaiti owner of MV Khalijia-3, for damages resulting from that vessel's collision with the MSC Chitra on Aug. 7, according to Livemint.com. The collision at the main entrance of the shipping channel used by Jawaharlal Nehru and Mumbai ports dumped more than 200 containers off the MSC Chitra's deck a...
Containerized imports in the Pacific Northwest were up sharply in August versus the same month last year, and only moderately lower when compared to the previous month this year. These numbers indicate that the ports of Seattle and Tacoma, like other West Coast ports, have maintained strong import growth through the first eight months of the year and ar...
Sakhalin Shipping Company (SASCO) has launched a direct container line service to link Shanghai and Vladivostok. At the initial stage, one ship will be operating on a 12-day schedule on the service line. With further increase of freight traffic volume another vessel will be added to service the line every week, the shipping company said. Transit t...
Somali pirates seized the ship Salma with crew members of mixed nationals on board. The pirates’ attack occurred off the coast of Cameroon back on September 12, but the incident was reported only four days later. The pirates attacked simultaneously three ships docked at the port of Douala. The gunmen boarded a cargo ship and took away the captain,...
The law governing freight transport can be a confusing, dry and sometimes mind-numbing subject for non-specialists, said Andrew Traill, Shippers’ Voice managing partner. “But it is vitally important for everyone involved in shipping goods around the world – and can cost millions if companies do not comply,” he said. So www.s...
Guangdong: Cosco (Guangdong) Shipyard has secured $51m worth of bulker orders. Majority shareholder Cosco Corp said the yard had bagged contracts to build a 57,000 dwt bulker and 35,000 dwt bulker for an undisclosed European owner. The company said the yard had received initial deposits for the orders The bulk carriers which will be built at Cosco (Guan...
Seoul: Korean and Japanese shipbuilders are in the mix for up to 14 LNG carrier newbuildings to serve the much-delayed Brass LNG project in Nigeria. Korea’s Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, Samsung Heavy Industries and STX Offshore & Shipbuilding as well as Kawasaki Heavy Industries and Mitsubishi Heavy I...
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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