Media
Media
CHINESE shipping giant China Cosco Holdings Company Limited increased its first half net profit 174.9 per cent to CNY3.45 billion (US$507.3 million) year on year, reversing a CNY4.6 billion loss in the same period last year. The profit attributable to shareholders was drawn on CNY45.55 billion in revenue, an increase of 55.5 per cent over the same perio...
ICELANDIC shipping company Eimenskipalfelag Islands, has posted a 102 per cent second quarter net profit increase to EUR6.2 million (US$8 million), compared to a loss of EUR214.5 million for the second quarter of last year. Second quarter transport volume in Iceland increased 11 per cent from last year, but the carrier said in general its throughput fel...
GENEVA's Mediterranean Shipping Co (MSC) has announced a freight rate rise between southeast Asia and Australia. From October 1, its freight rate between ports in Indonesia, Malaysia, Singapore, Thailand and Vietnam and Australia will be raised US$300 per TEU. (Source:www.schednet.com)
US SHIPPERS lobby, the National Industrial Transportation League (NIT), has come to support a petition from the new transpacific Chinese carrier, the Hainan PO Shipping Co Ltd, that it be exempt it from restrictions in the US Controlled Carrier Act. As the new player on the transpacific, Hainan's first ship was scheduled to call Chinese ports last week...
PROPONENTS of intermodal movement of agricultural produce from North Dakota, were cheered to see their vision realised, reports the local Minot Daily News. One big backer of containerised agricultural produce is Hong Kong's Oriental Overseas Container Line (OOCL), the first carrier to provide boxes. "We are real proud to be the first ones here," sa...
KOREA's Wan Hai Lines and its Japanese affiliate Interasia Line (IAL) has announced the launch an express Japan-Thailand service on September 13. The service, called the Nihon Thailand Express by Wan Hai and the Super Thai Express by IAL (NTE/STX), will connect Tokyo, Yokohama and Nagoya with Bangkok and Laem Chabang. The 21-day loop deploys three ...
GENEVA's Mediterranean Shipping Company (MSC) is expanding the port rotation for its Dragon Express service that calls at ports in Asia and the Mediterranean by adding Qingdao Port from September 13. The Dragon Express service's existing port rotation is Busan, Ningbo, Shanghai, Fuzhou, Shenzhen-Yantian, Hong Kong, Shenzhen-Chiwan, Singapore, Gioia Ta...
CHINA Shipping Container Line (CSCL) recently launched a direct service from Qinzhou bonded area, Guangxi province to Haiphong, Vietnam, to enhance the development of the Sino-ASEAN trading zone. This direct service promises to cut transit time from 12 to five days. With the launch of its first direct service, Qinzhou is now building itself as a shippin...
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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