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Media
THE Paris-based Organisation for Economic Co-operation and Development (OECD) says recession is unlikely despite the mere 1.5 per cent GDP increase following its predicted rise of 1.75 per cent for its G7 members, Canada, Germany, France, Italy, Japan, UK and the US. G7 sea trade is expected to increase with container trades rising more than 10 per cent...
Thanks to the strong recovery of container shipping worldwide, Yang Ming Marine Transport, one of Taiwan's leading cargo carriers, registered US$85 million in earnings in the first half, reported Taiwan Economic News. Brighter outlook in the second half will enable the company to post full-year earnings exceeding $313.41 million. Lin Wen-po, chief ...
Taipei: Evergreen Line has completed installation of the Inmarsat FleetBroadband satellite communications service on its entire fleet of 70 container vessels in order to ensure optimal vessel performance and crew morale. The system allows headquarters personnel to manage the ship’s computers without visiting the vessel. It also includes database s...
Dubai: US Marines have rescued a 8,000teu containership seized by pirates in the Gulf of Aden off Somalia the previous day. In a pre-dawn raid today, US Marines "boarded and seized control of the Antigua-Barbuda-flagged, German-owned vessel, M/V Magellan Star, from pirates who attacked and boarded the vessel early September 8," the US Fifth Fleet said. ...
OWL (Ocean World Lines), a door-to-door and end-to-end NVOCC, has opened a new office in Singapore in line with its expanding presence in the Asia Pacific region. The operation is offering a single source for air, ocean, cargo management and Asia regional distribution. OWL will manage all import and export activities for its customers without the use of...
SINGAPORE's Maersk unit, MCC Transport, has announced that it will call on Manila twice on its IA9 service, linking Taiwan and the Pearl River Delta from September 14. The service previously called Manila on one leg only, between South China and Malaysia. The revised rotation will be Penang, Tanjung Pelepas, Singapore, Manila, Shenzhen-Yantian, Hong Ko...
DENMARK's Maersk Line has announced it will slash its reefer TEU service network, cutting more than 20 ports because of the strong market shift from TEUs to FEUs in recent years. From October 1, Maersk told customers, it will no longer offer TEU reefer services from Australia, New Zealand and the South Pacific Islands to Bulgaria, Ivory Coast, Democrat...
DENMARK's Maersk Line has started using low sulphur fuel in their ship engines while at berth in Hong Kong, thereby kicking off the first voluntary fuel switch scheme in Asia. "By switching from bunker to cleaner fuel at berth, we significantly reduce emissions of sulphur to the air," said Tim Smith, chief executive of Maersk Line's north Asia region....
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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