Media
Media
SALES and purchases of containerships in the last 18 months has been dominated by Greeks and Chinese, who account for 35 per cent of the vessels sold and 50 per cent of the tonnage since January 1, reports Alphaliner. "On the sellers' side, German and Japanese owners were the most active, accounting for 45 per cent of the vessels and 50 per cent of the...
JUST as the peak season begins, fresh tonnage and new participants in old trade lanes have combined to depress freight rates from Asia and make carriers leery of imposing the surcharges so boldly proclaimed only a few weeks ago. The plethora of new services in the last two months has also put pressure on carriers to lower rates as they face massive extr...
Singapore: Mercator Lines (Singapore) reported a 30% jump in net profits to $13.1m for the first quarter of they year. The Singapore-listed arm of Indian shipowner Mercator also reported a 10% increase in revenues to $39m for the first quarter ended 30 June. “Our strategy of having a large portion of our capacity on long term business has shielded the...
Guangzhou: China’s CSSC Guangzhou Longxue Shipbuilding has signed a contract with Taiwanese U-Ming Marine Transport Corp to build two units of 82,000-dwt bulk carriers. No price was indicated. The past three months has seen an incredible number of these ship types, so called kamsarmaxes ordered, predominantly at Chinese yards. (Source:www.seatrad...
Seoul: The Korea Trade-Investment Promotion Agency (Kotra) announced yesterday the signing of a memorandum of understanding with Brazil’s Transpetro, the largest shipbuilder in Latin America, to forge cooperation in the shipbuilding sector. Under the MOU, Korea will provide advanced shipbuilding equipment to Transpetro, which will offer its servic...
HAMBURG-based Hapag-Lloyd will buy up slots on a Mediterranean to West Africa service with Hanjin Shipping and United Arab Shipping by doubling vessels on the service (three from Hanjin and one from UASC) with an average vessel size of 1,874-TEU. Other alterations to the WAF1 service include the swap of Valencia to Hanjin's dedicated terminal Algeciras...
TAIWAN's Evergreen Line has ordered 500 FEU in reefer boxes for US$4.4 million from Shanghai Reeferco Container, a unit of Hong Kong's Singamas Container Holdings. Evergreen told London's Containerisation International that "reasons for the investment are to replace existing ones and for business needs. These new reefer containers are for all trades....
THE first MOL vessel ever to call at Halifax, the 6,530-TEU MOL Paramount, docked at the east coast Canadian port on the SVE all-water service via Suez from Asia. "The MOL Paramount is the largest container vessel to dock in Halifax and at the Halterm Terminal, and is also the first MOL vessel to call at Halifax. The introduction of the new service enab...
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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