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EVERGREEN Line will launch its JVT service on September 15 to cater for the increasing intra-Asia trade. The Taiwanese carrier will deploy four 900-TEU ships with the following 28-day rotation: Nagoya, Tokyo, Osaka, Kobe, Keelung, Kaohsiung, Hong Kong, Shenzhen-Yantian, Ho Chi Minh City, Bangkok, Laem Chabang, Hong Kong, Kaohsiung, Taichung, Taipei and ...
At the end of September and beginning of October, Hamburg Süd will implement its newly-configured Europe-Mediterranean services. The Northern Route (EMNR) and the Europe- East Mediterranean/Israel Service (UKEI), hitherto operated in partnership, as well as the Southern Route (EMSR), will be replaced by two new standalone services: the North Europe...
China Shipping Development, one of the country's major shipping conglomerates, said it was heading into more challenging waters in the second half after reporting a 60 per cent increase in interim net profit, reported the South China Morning Post. But the company said it had prepared for freight rate volatility in the bulk shipping market by setting up...
Singamas Container Holdings, the world's second-largest maker of shipping containers, returned to the black in the first half, posting a net profit of almost US$10.2 million, compared with a $27.4 million net loss the previous year. Chief executive Teo Siong Seng said production of new containers virtually ceased until after the Lunar New Year in Febru...
Dubai: Goltens today confirmed that it has leased a 23,000sq meter plot in Dubai Maritime City in order to develop a ship repair facility. The contract, for Industrial Precinct plots 6 and 7, will see occupancy of the area for 25 years. Goltens will start construction immediately and hopes to move into the new, more centrally located Dubai facilities by 3rr...
Hong Kong: COSCO International Holdings Ltd, the Hong Kong-listed subsidiary of China's COSCO Group, said that it plans to dispose of all 16.85% stake it holds in Sino-Ocean Land Holdings Ltd, as part of its strategy to strip off non-core investment businesses, sources reported. In a statement filed with the Hong Kong Stock Exchange the firm said that ...
Shanghai: Shanghai Stock Exchange-listed Nanjing Tanker Corporation saw its net profits skyrocket by 590%YoY to CNY 116 million in the first half of 2010. Over this period, the company business revenue increased 140.52%YoY to 2.153 billion after it shipped 23.53 million tons of energy and chemical products. According to the earnings report, the Time...
MAJOR US retail container ports are expected to handle imports totalling 14.5 million containers in 2010, an increase of 15 per cent compared to last year, according to the latest monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. "We aren't back to where we were two years ago and consumers aren't con...
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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