Shipping News

OWL opens cargo management service offices in Asia Jul 7, 2010

OCEAN WORLD LINES (OWL), a global door-to-door and end-to-end NVOCC, has introduced cargo management services in Asia to help importers better manage their inventory levels and improve vendor compliance, supported by an expanded network of offices in the region. The new cargo management services, including worldwide door-to-door air, ocean and ground tr...

Hapag to charge US$100/TEU low water St Lawrence River feeJul 7, 2010

GERMANY's Hapag-Lloyd has told shippers it will apply a US$100 per TEU and $150 per FEU on cargo moving through Montreal to and from north Europe because of this year's low water levels in the St Lawrence River. "This year the water levels of the St Lawrence have dropped below historic lows due to less snow over the winter, followed by an unseasonably...

CMA CGM to conclude sale of minority stake by AugustJul 7, 2010

MARSEILLES container shipping giant CMA CGM, which is poised to sell a minority stake to a partner, said that it expects to conclude talks with potential investors by the end of July, reports Dow Jones. The financially troubled company said its business has recovered since the beginning of the year and that it expects second-quarter results to show an i...

June record month for Far East-US box trade - tops 2007 Jul 7, 2010

TRANSPACIFIC container volumes to the United States from the Far East reached a monthly record in June of 1.23 million TEU in June, up 32 per cent year on year, reports Paris-based Alphaliner. US container imports from the Far East were the highest on record for June even exceeding the standing June 2007 record of 1.2 million TEU, according to prelimina...

NYK opens new branches in Wuhan and WuxiJul 6, 2010

Shanghai: NYK Logistics (China) Co. Ltd. (NLC), a wholly owned subsidiary of NYK, has opened two branches in the inland area along the Yangtze River—one in Wuhan, the capital of Hubei province, and another in Wuxi, which is located in the Yangtze River Delta. With the opening of these new offices, NLC now has 12 branch offices along with its head offi...

SK opts for Dalian VLCCsJul 6, 2010

Dalian: Dalian Shipbuilding Industry Corporation (DSIC) has won a two-unit 320,000-dwt VLCC order from Korean SK Shipping. It is the first time that a Korean shipowner ordered such large ship from Chinese shipyard. The 320,000-dwt VLCC was designed by DSIC in 2009, with the largest deadweight amount among domestic rivals. (Source:www.seatradeasia-onli...

JJ Ugland returns to Tsuneishi (Zhoushan)Jul 6, 2010

Shanghai: Tsuneishi Group (Zhoushan) Shipbuilding has penned an order for a 58,000-dwt supramax bulk carrier with Norway's JJ Ugland group. The vessel has a price tag in excess of $33m but its specifications are unknown. It is set for delivery in 2012. The order means that Ugland has now in a little over a year bought five sisterships at the yard. ...

Panalpina, Cargill renew sugar crop logistics contractJul 6, 2010

THE existing service contract between Panalpina Brazil and Cargill, an international provider of food, agricultural, financial and industrial products and services, has been renewed for a further year. This comes after a successful 2009 sugar crop, whereby Panalpina moved 5,000 TEU for Cargill Sugar Division. The volume forecast for the 2010 crop se...

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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

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

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