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A RECORD 200,000 TEU in new containership capacity will arrive in July, after a total of 747,000 TEU was delivered to the world fleet in the first half of the year. Total new ship deliveries for the first seven months of the year will hit 950,000 TEU, or 7.3 per cent of the global fleet, reports Alphaliner, which estimates that 1.45 million TEU will be ...
COSCO Container Lines has said it will apply an off-dock charge US$100 per TEU and $50 per empty from August 1 for outbound cargo from Chittagong to north west Europe and Mediterranean ports. Delays have been attributed to labour inefficiency, a shortage of containers and changes in cargo handling agents "who are causing hassles requiring more time for ...
MARSEILLES' French shipping giant CMA CGM, will lose its chief financial officer Jean-Yves Schapiro at the end of August, according to Tradewinds. Mr Schapiro will leave at the end of August to "pursue a new challenge outside the shipping business," the report said, quoting a company spokesman. It is not known whether Mr Schapiro's departure is li...
SINGAPORE's NOL Group has announced an order for ten 8,400-TEU ships to be delivered in 2013 and 2014 from South Korea's Daewoo Shipbuilding & Marine Engineering, as well as signing a letter of intent to buy two 10,700-TEU vessels all for a total of US$1.2 billion. Neptune Orient Lines (NOL) said it is investing in new ships, to be operated by its...
Singapore: Neptune Orient Lines (NOL) has taken a $150m term loan as part of its financing for two 10,000 teu newbuildings. NOL said its subsidiary APL Bermuda had agreed the $150m term loan with Overseas-Chinese Banking Corp and ING Bank’s Singapore Branch. The loan is to partially finance two 10,000 teu newbuildings the company ordered in 2007. The ...
Singapore: Keppel Offshore & Marine Ltd, through Keppel Shipyard and Keppel FELS Brasil, has secured two contracts totalling S$170 million from repeat customers for the conversion of a Floating Production Storage and Offloading (FPSO) vessel and repair of a semisubmersible (semi) drilling rig respectively. The first contract is for the conversion of...
LOCKED-OUT Montreal dockers are telling the shippers and carriers that diverted Montreal-bound cargo will be boycotted by union labour in other North American ports. An early test will be the 2,400-TEU Maersk Patras that is diverting itself from Montreal with its transatlantic cargo to Halifax, reported London's Containerisation International. "The...
COASTAL shipping regulations governing the Vallarpadam Container Terminal in Kerala state are expected to be relaxed to lure transshipment cargo from Colombo in Sri Lanka. India's Shipping Ministry is believed to be finalising details for the plan, and a cabinet note on the proposal will be prepared soon, according to a government official cited in a r...
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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