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LAST year might not have been the bottom for cargo volumes at the Port of Tacoma, reports the Tacoma News Tribune. Figures from this year's first five months show cargo volume fell below that of the same period in 2009, port officials told harbour commissioners, adding that it could be five to eight years before trade reaches pre-recession levels. ...
MARSEILLES' CMA CGM shipping giant has announced that it has taken delivery of the 6,500-TEU CMA CGM Lamartine and the 11,400-TEU CMA CGM Callisto from Hanjin Heavy Industries in South Korea. The CMA CGM Lamartine was immediately deployed on the Asia-Mediterranean route in the MEX (Mediterranean Express) service on the following rotation: Yokohama, Kob...
DANISH shipping giant AP Moller-Maersk CEO Nils Andersen said he expects freight rates to return to pre-downturn levels by the end of the peak season this year, Reuters reported. "It will come back to pre-crisis levels, to a level where the industry can get return on their investments," said Mr Andersen told reporters in Singapore, adding that Maersk wo...
THE Rickmers Group has christened four 13,100-TEU containerships at the Hyundai Heavy Industries (HHI) shipyard in Ulsan. The Maersk Edinburgh (ex Pearl Rickmers) will be the first of these four ultra large containerships to enter service through a Maersk charter. The other three vessels, the Ruby Rickmers, Aqua Rickmers and Coconee Rickmers, have a...
Qingdao Hyundai Shipbuilding Co. (Qingdao, China) launched on June 15, 2010 the Agat dry cargo ship, the second multipurpose vessel of DCV36 project series. The vessel is being built for Universal Cargo Logistics Holding (UCLH), Marine Engineering Bureau said. Overall, the Korean Hyundai Company’s portfolio of orders includes 10 ships of the...
After a successful 2009 sugar crop, whereby Panalpina moved approximately 5,000 TEU for Cargill Sugar Division, the partnership has been extended by renewing the current service contract with Panalpina Brazil for a further year. The volume forecast for the 2010 crop season is approximately 1,000 TEU per month from Santos to destinations mainly on the In...
As peak season approaches shipping lines, including CMA CGM, MOL and "K" Line, have announced a number of upgrades and changes to transatlantic loops linking Asia to Mexico as well as other routes. CMA CGM has announced upgrades to its Victory Bridge service linking North Europe to US South Atlantic, Mexico and the US Gulf. Operated in partnership w...
DURING the first half of 2010 the active container ship capacity has grown by 15.3 per cent, increasing from 11.55 million TEU at January 1 to 13.32 million TEU by the end of June, according to Alphaliner figures. It said the 1.78 million TEU increase includes new ship deliveries of 740,000 TEU and the reactivation of idle ships, accounting for 1.16 mil...
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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