Shipping News

Quanzhou-Taiwan container shipping line launchedJul 21, 2010

THE first scheduled container shipping service from southeastern China's Quanzhou port to Taiwan has been launched, Xinhua reported. The service provide two sailings a week on Mondays and Thursdays from Quanzhou's Houzhu port area to Kaohsiung and Taichung. Before the shipping line was launched, cargo from Taiwan have to be discharged at the port ...

APL to launch additional transpacific peak season loop Jul 21, 2010

SINGAPORE's Neptune Orient Lines' container shipping arm, APL, will launch an additional transpacific peak season service - the P1A - to start at the Shenzhen terminals of Yantian, Chiwan then head for to Busan before crossing to Seattle, Oakland, and putting into Hong Kong on its return to Yantian, reports Paris-based Alphaliner. The six-week service...

APL June sales 32pc up on rate surge, but Asia-EU volumes slide Jul 21, 2010

SINGAPORE's Neptune Orient Lines container shipping unit, APL, enjoyed a 32 per cent year-on-year revenue surge to its highest level in 18 months in June as well as posting four per cent better sales than in May. Much of the gain was attributed to transpacific rate increases, reported Paris-based Alphaliner. Liftings for the four weeks ending June 25 h...

MSC to levy US$320-$400/TEU Asia-US peak surcharge August 15Jul 21, 2010

GENEVA's Mediterranean Shipping Co (MSC) has announced a peak season surcharge from August 15 on all shipments from the Far East to the US east and west coasts. The surcharge for cargo and intermodal shipments moving through east coast ports is US$320 per TEU, $400 per FEU and $450 per 40-foot high-cube. For cargo and intermodal shipments through west ...

NSCA’s H1 net income up 1.47%, to some $70mJul 20, 2010

Net income of the National Shipping Company of Saudi Arabia (NSCSA) increased in six straight months by 1.47% as compared with the same period in 2009, to SAR262.5 million (about $ 70 million), PortNews IAA reports citing the NSCSA’s CEO Humoud A. Al-Ajlan. According to Mr. Al-Ajlan the company’s income grew thanks to increased volumes of oi...

Shanghai tipped to overtake Singapore portJul 20, 2010

Singapore could lose its crown as the world's busiest container port to Shanghai this year, reported the Strait Times. The Chinese port moved more containers than Singapore did from April to last month, and may clinch the leader's status by year-end. Last month's data from the Maritime and Port Authority of Singapore (MPA) showed that Shanghai mo...

Malaysia freight rates return to pre-crisis levelsJul 20, 2010

Malaysia’s container shipping freight rates have returned to near pre-crisis levels, driven by a combination of demand and shortage of container equipment, Cargonews Asia reports citing CMA-CGM Malaysia managing director Simon Whitelaw’s interview with Business Times While recently there have been reports saying that shipping lines have been...

Another Chinese yard moves into kamsarmaxesJul 20, 2010

Shanghai: Handymax and supramax specialist Jiangsu Hantong Ship Heavy Industry has diversified into constructing kamsarmax bulkers. The Sino-Korean-owned yard announced it has bagged four 82,000-dwt bulker order plus four options from an unspecified domestic owner with the first ship delivering in May 2012. The price per ship is thought to be in the...

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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.

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Qingdao Saint Voyage Log

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