Media
Media
THE Shanghai Containerised Freight Index (SCFI) shed 10.65 per cent of its value in the last two months and posted its biggest-ever weekly loss last week when freight rates plunged to all main export destinations except Australia. Based on Paris-based Alphaliner's calculations, weekly capacity on the Far East-US routes has increased 27 per cent since J...
Mumbai: Indian regulators have launched a probe into allegations that the AP Moller-Maersk units have been using their "influence" to force Indian shippers to use container facilities at Gujarat Pipavav Port (GPPL), writes Transport Weekly quoting International Freighting Weekly. Shippers claim the Danish group's container shipping divisions, Safmarine...
Macau: The Global Shippers’ Forum has called on Asian governments to introduce the appropriate competition laws to prohibit liner conferences and discussion agreements that eliminate effective competition in Asian trades, writes Supply Chain Standard. In its declaration following its annual meeting in Macau last week, the GSF said: “Ocean sh...
Shanghai: Yantai CIMC Raffles Offshore this month saw the completion of sea trials for its first semi-submersible drilling platform "COSLPioneer". The platform, built for client China Oilfield Services Limited (COSL), is also the first deep water semi-submersible drilling platform constructed in China. As the last major milestone before delivery, the se...
OVER dimensional cargo freight forwarders are being urged to register key employees for the Certificate of Achievement in Project Cargo Management available during Breakbulk Americas in Houston from October 12-14 at the George R Brown Convention Centre. The training course will run from October 14-15. "Specialised training is a very effective way of...
THE GAC Group has strengthened its Baltic Sea region coverage with the acquisition of Finnish ship agency, John Nurminen Navis Oy (JNN). JNN is a leading shipping agent in Finland and a subsidiary of the John Nurminen Group, handles up to 3,000 ship calls at year at major Finnish commercial ports through its own offices in Helsinki, Porvoo, Kotka, Turku...
ALLCARGO Global Logistics, head-quartered at Mumbai, is to double capacity at its container freight station (CFS) at the largest container terminal on the west coast of India, located at Mundra in Gujarat by commissioning a further warehouse. The second warehouse will be 6,085 square metres alongside its current one of 6,125 square metres with its paved...
TAIWAN shipping major Wan Hai's first half revenue grew 33.8 per cent to US$919.8 million, while earning returned to the black to with a $52 million net profit following a $37.7 million loss in the same period last year. Half-year operating profit EBIT of this Taiwan carrier reached $154.2 million, reversing a loss of $6.2 million the same period last ...
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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