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DENMARK's shipping giant Maersk Line has joined other major carriers in applying congestion surcharges, its being US$60 per TEU and $120 per FEU and 40-foot high-cube for cargo discharged at Nhava Sheva and bound for inland container depots from there. APL, NYK Line, Hyundai Merchant Marine and Wan Hai Lines recently levied a US$150 per TEU and $300 pe...
THIS year head haul routes in the container shipping market have increased by 18 per cent and intra-Asia by 70 per cent with average freight rates in the first quarter rising 18 per cent to US$2,863 per FEU, according to a report from New York-based Gerson Lehman Group. Maersk banked $639 million in the first quarter, overturning last year's $372 milli...
GREEK shipowners are said to be using the financial crisis facing German shipowners to boost their presence in the container shipping industry. They have recently been buying containerships either directly from struggling owners or from shipyards, and most of the deals are said to involve German owners, reports Ebeling Heffernan's Live Trading News, Ho...
THE 4,500-TEU Maersk Brooklyn, the last of the Danish shipping giant's laid-up vessels, is leaving the west coast of Scotland for Malaysia to pick up surviving containers from a blaze aboard the 8,200-TEU Charlotte Maersk where 150 boxes caught fire two weeks ago off Port Klang. "Containers unaffected by the fire are proceeding to our customers as quic...
Beijing: China grabbed the world’s shipbuilding top slot from South Korea in the first half of the year. For the first time China’s shipyards delivered a greater volume of ships than Korea’s in the first six months of the year according to figures from Clarksons Research Services. Chinese yards delivered 8.01m cgt of new ships in the first...
AKER Philadelphia Shipyard sees a reprieve from shutdown in an agreement to build containerships to serve on a projected east coast-Gulf coast hub-and-spoke feeder service, reports the Philadelphia Inquirer. But the stricken shipyard must contrive to stay in business until the containership construction project begins in 2012. Aker vice president Scott ...
MONTREAL's 850 dockers have been locked out of the port after refusing to work overtime in a dispute over management's withdrawal of pay guarantees which have been part of contracts since the 1970s. "Faced with the union's refusal to acknowledge the urgency of the matter as well as the need to radically amend the collective agreement between the Mari...
Customer demand for premium LCL (less than container load) ocean freight services from Asia to Israel has been growing in recent months. By launching four new services from the Chinese ports of Hong Kong, Yantian, Ningbo and Shanghai to Ashdod, Panalpina considerably upgrades its LCL ocean service portfolio on this trade lane. “Panalpina has react...
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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