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MEMBER shipping lines of the US Australasia Discussion Agreement has announced a rate increase from the US to Australia and New Zealand of US$125 per TEU on dry and reefer boxes from September 15. The six container shipping lines said in a report from American Shipper that the decision is not binding and rates increases will be assessed on a voluntary b...
THE AADA (Asia Australia Discussion Agreement) member shipping lines have implemented a peak season surcharge (PSS) from September 1, 2010 to assist carriers to recover in part the extra cost incurred due to upsurge of cargo movements. From 1st September, 2010 outward shipments with origin in Korea, China, Hong Kong and Taiwan to ports and points in Aus...
China: Safmarine is launching a new box service connecting Asia with South and West Africa jointly with Maersk Line. The FEW3 service will be line’s third linking Asian ports and West Africa. "Not only will FEW3 significantly improve transit times to Pointe Noire (Congo) and Matadi (DRC) through a direct call to Pointe Noire (Congo), but it will also ...
Dubai: UAE-based Gulftainer has won two contracts to operate at the port of Umm Qasr, gateway to Iraq. After having secured management and operation of existing Berth 8 on the south of the port earlier this year, the company ha s followed up with a second award for two berths, Nos. 10 and 11, at the new Iraq Container Terminal, which will begin operations u...
Oman: A terrorist group linked to al Qaeda has claimed responsibility for a mystery blast that hit Mitsui OSK Lines VLCC M Star in the Strait of Hormuz last week. US-based SITE Intelligence said the Brigades of Abdullah Azzam had claimed responsibility for July 28 the attack in a statement issued on what were described as jihadist forums. They claimed the a...
SLOW STEAMING, the popular cost cutter and environmental public relations play for carriers, is not nearly so popular with shippers who see rates going up and transit times going down, according to a report from the New York-based Seeking Alpha financial portal. Some shipping lines have slowed to 12 knots while clippers, fast 19th century square riggers...
GLOBAL container transport and logistics group NOL has been named a winner of IDC Asia Pacific's Enterprise Innovation award. The award recognises Asia's top organisations in IT innovation, application and business excellence. More than 200 entries were submitted for the award to IDC, a global provider of market intelligence, advisory services, and ev...
COSCO has taken delivery of the last vessel in a series of twelve 5,100-TEU containerships. The Cosco Tian Fu He was built at the Shanghai Jiangnan Changxing Heavy Industry shipyard. The ship will be deployed on the transpacific trades, reports American Shipper. (Source:www.schednet.com)
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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