Media
Media
GENEVA's Mediterranean Shipping Company (MSC) is to charter four Maersk laid-up vessels, the 4,500-TEU Maersk Beaumont, the Maersk Boston, the Maersk Bentonville and the Maersk Brooklyn which will be deployed for 12-months on MSC's Cheetah service. The vessels boast the fastest speed of containerships at 30 knots and will be in direct competition with...
HONG KONG's Orient Overseas Container Line (OOCL) has announced plans to implement a general rate increase on transatlantic services of US$320 per TEU and $400 per FEU from October 1. The GRI will apply to westbound and eastbound trades and be applicable to all container types. All cargo transported between Europe and the US, Canada and Mexico will...
CEVA LOGISTICS has signed a new contract worth ZAR14 million (US$1.9 million) per annum with Rui Star Trading, a mining company focussed on the carbon and iron trade. CEVA will take charge of the ocean export of chrome ore concentrate from South Africa to the Far East, moving 4,600 TEU every year. In addition, CEVA will transport Rui Star Trading's...
DHL is strengthening its ocean freight network from Auckland through the launch of a new direct Less than Container Load (LCL) weekly service to Singapore. Operated by Danmar Lines, DHL Global Forwarding's in-house carrier, the new service will link New Zealand to key markets in north and south Asia Pacific, the Middle East, Africa and Europe via DHL'...
CONTAINER shipping company Danaos Holdings has posted second quarter revenue of US$84.9 million, an increase of seven per cent compared to the same period a year earlier. The Athens company said depreciation expenses rose faster than revenue, at 19 per cent, as did general and administrative expenses, up 63 per cent. The increase was the result of the e...
EMIRATES SHIPPING Line has announced its participation in the ASEAN - Gulf Indian Subcontinent service run by Evergreen, Simatech and OOCL between Thailand, the Middle East and the Indian subcontinent. Emirates will have slots on the service and will serve the Thailand and the Indian subcontinent (ISC) markets with additional direct link to the Middle E...
AUSTRALIA's Labor Party, when in power, said it planned to raise fines for ships' oil spills from today's A$275,000 (US$249,656) up to A$10 million for a company and from A$55,000 to A$2 million for an individual. The Labor government bill from Transport Minister Anthony Albanese would protect tourist dollar generating assets such as the Great Barrie...
NEW vessel deliveries and the re-activation of idle tonnage have added 2.24 million TEU to the active global fleet since the beginning of the year, an increase of 19 per cent compared to the same period last year. "The rapid increase in capacity deployed has finally started to have an impact on container freight levels, with average rates out of China s...
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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