Shipping News

Idle fleet drops to new low of 340,000 TEU - 174 shipsJul 13, 2010

THE total worldwide idle containership fleet has fallen to 174 vessels for 340,000 TEU as demand calls for the redeployment of more vessels. This represents 2.5 per cent of the total world fleet, and is the lowest idling percentage recorded since December 2008, reports Alphaliner. "The drop in the idle fleet comes amidst a record number of new vesse...

Maersk loses appetite for acquisitions, nothing to buy Jul 13, 2010

COPENHAGEN's AP Moeller-Maersk has lost its recent keen interest in acquisitions expressed as lates as two weeks ago when it looked as though carriers might still go under in the global downturn.. "We had expected a larger number of assets, including ships and oil rigs, to have been available," group CEO Nils Smedegaard Andersen told Bloomberg. "Acquis...

MSC adds new call to Bushehr, Iran, on feeder serviceJul 13, 2010

GENEVA's Mediterranean Shipping Co (MSC) has revealed that it has added a feeder service call to Bushehr, in southwest Iran. The port will be served via transshipment at the Jebel Ali port in Dubai, with a one-day transit time from Dubai, reported American Shipper. Transit times from Europe are 18 days from Rotterdam and 27 days from Bremerhaven. M...

Box and space shortages delay Maersk's peak season surcharge Jul 13, 2010

MAERSK LINE has postponed the imposition of its record Asia-Europe peak season surcharge (PSS) by 15 days amid reports from forwarders that vessel space and containers are available. Maersk postponed its PSS for services from Asia (excluding Taiwan) to northern Europe and the Mediterranean from July 15 until August 1, reports London's International Fre...

Know the facts in accidents - box weights a good start: UK P&I Club Jul 12, 2010

WEIGHING containers before loading would go a long way to clearing the ambiguity over liability of boxes lost as sea, according to UK P&I Club insurance expert Martyn Haines. Addressing a recent London conference, Mr Haines said bills of lading and cargo manifests are either misleading or just plain wrong about weights and content, which become a pr...

DHL launches direct Nhava Sheva-Los Angeles LCL serviceJul 12, 2010

DEUTSCHE POST DHL has launched a direct Less than Container Load (LCL) service from Nhava Sheva to Los Angeles by its in-house carrier Danmar Lines offering reliable and cost-effective reduced transits of 26 days. Container traffic at major ports in India surged 21.5 per cent in April compared with a year earlier, driven by a strong turnaround in the co...

CKYH drops Seattle in PSX service Jul 12, 2010

THE CKYH Alliance has dropped its Seattle call on its transpacific service the PSX following its announcement last month to commence slow steaming in the loop including Cosco, "K" Line, Yang Ming and Hanjin Shipping. According to ComPair Data, the port rotation will be Shenzhen-Yantian, Kaohsiung, Shanghai, Gwangyang, Busan, Long Beach, Oakland, Busan a...

'K' Line consolidates hub at Rotterdam's EuromaxJul 12, 2010

"K" LINE plans to increasingly consolidate its transhipment volumes in Rotterdam, including its volumes for the ScanBaltic region, using the Euromax Terminal as its hub. Fer Penders, managing director of "K" Line Netherlands, was quoted as saying in a report by magazine Port Special, June 2010: "We believe that a further consolidation of our transhipmen...

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Transportation Center Connecting Asia and Europe Market

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

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

  • Business Type:trans/forwarder
  • Country:China