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AUSTRALIAN government's Fair Work Act which requires shipping companies to pay local wages to foreign seafarers carrying domestic freight between Australian ports, is under fire because of the fear of job loss because of a drive towards foreign imports as locally-produced goods become too expensive. The rising costs of transporting domestic cargo on co...
HONG KONG's OOCL has joined other carriers in the Port of Montreal demanding surcharges because of low water on the St Lawrence River during the current heat wave which cuts loading capacity, thus increasing costs to run ships which carry less. From July 19, OOCL is introducing a low water surcharge of US$75 per TEU and $150 per FEU. OOCL joins Hapag-L...
CHINA's shipping market has undergone a rebound in response to growing international trade, particularly in the container sector, from the first of the year, reports Xinhua. Ports in China posted a 19 per cent growth in throughput to 3.18 billion tonnes in the first five months. The container freight volume increased 22.5 per cent to 56.3 million TEU. ...
A FIRE touched off by a container explosion on the containership Charlotte Maersk has been put out, the Malaysian government said, according to a report in London's Safety at Sea International. "The temperatures are very high, some places round 1,000 Celsius. In the latter case, it was impossible for fire fighters to approach before additional cooling ...
Hong Kong: China Shipping Development Co (CSDC) says it expects a 50% jump in its first half year profits. In a positive profit alert the Hong Kong-listed shipping company said it expected to record a 50% increase in net profits for the first half of this year compared to the same period in 2009. Last year CSDC reported a net profit of RMB614m for the first...
Port Klang: Maersk has doubled the number of firefighting experts it has onboard the boxship Charlotte Maersk off Port Klang, Malaysia. The fire on ship, which started last Wednesday, continued to remain contained and under control as spokeperson for Maersk told Seatrade Asia Week. Firefighters continued to individually put out fires in 150 containers onboa...
Marseille: Christine Lagarde, France's Minister of Economic Affairs, Industry and Employment, carried out a high-profile christening of CMA CGM's new 13,800teu flagship - the largest ever French-flag container vessel - in Le Havre yesterday. Dubbed by its owners a "symbol of the recovery in international trade," CMA CGM Christophe Colomb will be deplo...
The ninth AUSMARINE exhibition, which will be held in Perth, Western Australia in late November, has already attracted more overseas exhibitors than at any of its previous showings. “We have been pleasantly surprised and encouraged by the number of foreign exhibitors,particularly from Southeast Asia, who have already confirmed their participation,...
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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