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IMPLEMENTATION Maersk Line's highest ever peak season Asia-Europe surcharge of US$750 per TEU, $1,000 per FEU and $1,200 per 40-foot high cube, has been deferred from August 1 to August 15 because there's no shortage vessel space despite dire predictions to the contrary. The Danish shipping giant first said it needed the peak season surcharge, applyin...
GLOBAL container terminal operators Hutchison Port Holdings (HPH), Cosco Pacific and Manila-based ICTSI have all experienced throughput gains in the first half on the back of strong world trade. HPH says its terminals handled 35.3 million TEU in the first six months of 2010, 17 per cent higher than in the first half of last year. Revenue grew 14 per...
Singapore: Mainboard-listed Cosco Corporation said its unit Cosco Guangdong Shipyard has secured contracts valued over US$55 million to build two bulk carriers. The carriers of 57,000 dead weight tonnes each are scheduled for deliveries in September 2011 and March 2012. Cosco said the contracts are effective, following receipt of the initial d...
Taipei: Member lines of AADA (Asia Australia Discussion Agreement) will be implementing a Peak Season Surcharge (PSS) effective September 1, 2010. From September 1, outward shipments with origin in Korea, China, Hong Kong and Taiwan to ports and points in Australia will be levied a PSS of US$300/20' and US$600/40' on top of the ocean freight. (Source...
Seoul: Hyundai Heavy and Maersk Tankers have reported that they are in the process of developing next generation liquefied CO2 carriers to be ready for the market by 2015. As part of the Finncap project that captures CO2 from power plants in Finland, the new carriers will deliver and offload captured CO2 at the injecting wells in the North Sea. Hyundai ...
Seoul: South Korea’s STX Offshore & Shipbuilding willbuild a second $550 million Huisman-designed Globetrotter class drillship for Noble Drilling. The Noble Globetrotter II drillship is the second unit to be built for Switzerland-based Noble using a two phase process. The hull will be built by STX at their yard in Dalian, China, and will then ...
THE Carex International Shipping Company has added a call at the Port of New York on to its shared container service to Germany. Carex specialises in moving cars, motorcycles, boats, trucks, motor homes, equipment and cargo via container shipping and roll-on roll-off. "This shipping option provides consumers with an affordable method for shipping it...
WALLENIUS WILHELMSEN LOGISTICS, an independent provider of global factory-to-dealer transport logistics, and ROLF SCS, a logistics business in Russia and part of the ROLF Group, have confirmed that they are in the final stages of talks designed to establish a joint venture involving their Baltic and Russian terminal activities. The joint venture will op...
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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