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TAIWAN'S Evergreen has terminated the negotiation with Korea's STX shipyard on an order for ten 8,000-TEU vessels signed in July. But Evergreen is still looking to other shipbuilders to carry out new orders, reported American Shipper, adding that talks continue with Korea's Samsung and Taiwan's CSBC for an order of 20 containerships. Each will build...
Singapore: STX Pan Ocean has bagged a $210m contract to haul coal for Korea South East Power Co. The dual Singapore and Seoul listed firm said it signed a 15-year consecutive voyage contract (CVC) with the power company to ship steaming coal, mainly from Australia to South Korea. The contract runs from March 2013 to February 2028. “The main objective ...
INTERNATIONAL container volume growth in the second quarter surpassed that of the domestic box market for the first time in four years, according to the Intermodal Association of North America's (IANA) latest Intermodal Market Trends & Statistics report. ISO container volume rose by 20.9 per cent to nearly 1.8 million units, while domestic containe...
BANGKOK's Regional Container Lines (RCL) has reported a net loss of US$6.1 million in the second quarter of 2010, its eighth consecutive quarterly loss, but still the company's best performance in two years, reports Alphaliner. First-half net loss was $17 million against a net loss of $28.5 million in the first six months of 2009. First half revenue i...
SEASPAN, the Vancouver-based containership owner and charterer, announced that it has filed a universal shelf registration statement with the United States Securities and Exchange Commission (SEC), to provide Seaspan permission to sell up to US$1 billion of common or preferred stock, debt securities, warrants, subscription rights in any combination. The...
SWISS Mediterranean Shipping Co (MSC) has announced that it is scrapping an equipment balance surcharge on shipments from Asia to Europe and North Africa. The surcharge, ranging from US$100 to $200 per TEU, was implemented on July 29, but has been "suspended until further notice," the line said. (Source:www.schednet.com)
FRENCH shipping group CMA CGM has taken delivery in South Korea of the 13,830-TEU CMA CGM Corte Real built by Daewoo Shipbuilding and Marine Engineering (DSME), the third in a series of eight vessels of similar-size. The CMA CGM Corte Real is now the largest vessel sailing under the British flag. She will join the CMA CGM Christophe Colomb and the CMA C...
A NEW direct service from Asia to the west coast of South America from mid-September is being launched by China Shipping Container Lines (CSCL), Hanjin Shipping, CMA CGM and Hyundai Merchant Marine (HMM). This direct and weekly sailing offers a 70-day round voyage, covering Asia and the west coast of South America, including the Port of Manzanillo, Mexi...
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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