Shipping News

Cosco quits MSC's transatlantic serviceJun 30, 2010

COSCO Container Lines has pulled out of the Mediterranean Shipping Co (MSC) service between the Mediterranean and north Atlantic ports, according to ComPair Data. The service, operated by six MSC 4,382-TEU ships was called TAS-6 by Cosco, has a rotation of Gioia Tauro, Naples, La Spezia, Valencia, Sines, Boston, New York, Baltimore, Norfolk, Savannah, C...

Shippers bemoan raising surcharges to cover box shortages Jun 30, 2010

THE Shippers' Voice, an online forum for shippers, has lashed out at a move by container shipping lines to introduce surcharges to cover the cost of the container shortage. Shippers Voice managing director Andrew Traill said he could not understand why the carriers had to impose surcharges, either incorporating them into peak season surcharges (PSSs) o...

TCC cash flow to cover costs, positive results next May Jun 30, 2010

THE Containership Company (TCC), the new boy on the liner block, has says it is generating the cash-flow from its single Great Dragon Service cover operating expenses and deliver positive results this year, reported Paris-based Alphaliner. TCC said that it expects the operating profit for its first full year of operations to April 30 to be in the region...

MSC brings on 14,000-TEUers in its Asia-Europe Lion ServiceJun 30, 2010

GENEVA's Mediterranean Shipping Company (MSC) plans to introduce 14,000-TEU ships - the biggest in the world - on its Asia-Europe Lion Service, which now only deploys nine 9,200-TEUers and two 11,600-TEU vessels. The 14,000-TEU MSC Bettina and MSC Irene are expected to set sail in July on the Lion Service after several months of lying idle at the Samsu...

Beijing launches another raft of shipbuilding incentivesJun 29, 2010

Beijing: China will provide subsidies to help shipping companies retire ageing oil tankers and some single-hull ships before they would normally be taken out of service, a move that will affect 2,000 vessels in operation and help trim excess capacity throughout the industry, according to reports Monday. Vessels of greater than 1,000 tons, as well as single-...

Piracy update: Confirmed hijack of Golden Blessing tankerJun 29, 2010

Singapore: The Maritime and Port Authority of Singapore (MPA) has released a statement confirming that it has received reports at 1245hrs (Singapore time) that Singapore-registered petroleum/chemical tanker, M.T. Golden Blessing,was hijacked by pirates while transiting the Gulf of Aden. The vessel, which is owned by Golden Pacific International Holdings...

China's coast now charted electronically by UKHOJun 29, 2010

THE United Kingdom Hydrographic Office (UKHO) has announced the completion of Chinese coastal coverage of Electronic Navigation Charts (ENC). This comes ahead of mandatory ECDIS carriage requirements to be implemented as early as 2012, reports London-based Digital Ship. UKHO's Admiralty Vector Chart Service (AVCS) will now include coverage of the C...

Kuehne + Nagel offers reefer LCL wine servicesJun 29, 2010

Kuehne + Nagel has launched temperature-controlled reefer LCL services for the wines and spirits industry. The services are operated under the company's in-house NVOCC Blue Anchor Line and managed by Kuehne + Nagel's dedicated team for the drinks logistics sector. They feature fixed-day, bi-monthly sailings from Europe to Japan. As a result, regul...

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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

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