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MAERSK has signed a memorandum of understanding with Chongqing Port Logistics Group to jointly invest with the latter in the phase 3 project of the Chongqing Cuntan Bonded Port Area. This agreement marks the commencement of Maersk's terminal business in the upstream Yangtze River city, in addition to its already running shipping and logistics business,...
YANG MING LINE will from July commence a second Taiwan-North China loop, named TC2, which will bolster its Taiwan-China Express service (TCX) that was started in February 2009. The TC2 will connect directly the ports of Kaohsiung, Keelung and Taichung to the four Mainland China ports of Ningbo, Shanghai, Xingang and Qingdao. The TC2 will deploy two ...
MEMBER lines of the Asia Australia Discussion Agreement have announced a bunker surcharge increase of US$400 per TEU and US$800 per FEU on China and Hong Kong to Australia dry and refrigerated containers from July 16. The quasi-conference said that they used established review procedure to keep surcharges in line with the recent increases in the price o...
A RANGE of supply and demand risks and opportunities were aired at a shipping conference yesterday at the Hong Kong Convention and Exhibition Centre where "cautious optimism" on the global recovery was also expressed by speakers from carriers, shippers and forwarders. Carriers' desperate need for cash flow to sustain themselves and satisfy their banker...
Panalpina has been awarded to handle Ericsson’s local distribution warehouse and site deliveries across the United Arab Emirates. Panalpina operates the 1000 sqm warehouse located in the Dubai Investment Park. Furthermore the service portfolio includes customs clearance, pick & pack as well as delivery to site, offloading by crane and reverse ...
Shanghai: China Shipping-Jumbo Heavy Lift Co Ltd, a joint venture between Jumbo Shipping and China Shipping, has opened a representative office in Beijing, China writes Heavy Lift & Project Forwarding International. Together with its existing office in Shanghai, which was set up in 2002, Jumbo aims to further strengthen its position in the Chi...
Seoul: South Korea overtook China to regain its status as the world's top shipbuilder in the first four months of this year thanks to a rise in demand from European shipping lines, writes AFP quoting a government statement. The knowledge economy ministry said orders won by local shipbuilders, such as Hyundai Heavy Industries, Samsung Heavy Industries a...
ZENITH Global Logistics has opened a regional freight hub in Atlanta to accommodate its growing home delivery business and split container programme, reports High Point, North Carolina-based Furniture Today magazine. The new facility - the Conover, NC company's second new freight hub opening in seven months - will help retailers facing fluctuating inve...
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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