Shipping News

UN enlists Panama to stop container contraband tradeJun 28, 2010

THE United Nations Office on Drugs and Crime (UNODC) has enlisted Panama to help stop shipping illicit and counterfeit goods through sea ports, according to the UN website. Improving container security in Panama's ports is a priority since more than 11 million containers pass through the Panama Canal every year, it said. "Most of the world's trade...

CSAV American Express string calls at Charleston from ShanghaiJun 28, 2010

CHILEAN carrier CSAV launched its weekly service on the outbound leg of the American Express Service (AMEX) between Charleston and north Asia with an inaugural call at the Port of Charleston, South Carolina, with the 2,700-TEU Angeles. The service is brings to 52 additional calls annually to Charleston while linking regional shippers directly to markets...

MSC drops Asia-Europe imbalance surcharge until July 14 Jun 28, 2010

GENEVA's Mediterranean Shipping Co (MSC) has suspended an equipment imbalance surcharge on cargo from Asia to Europe until mid-July, MSC said in a notice to trade. MSC said that the US$200 per TEU charge would likely be reintroduced July 14, after having been brought in on May 24. (source:www.schednet.com)

CSCL levies US$400/FEU surcharge because of box shortageJun 28, 2010

CHINA Shipping Container Lines (CSCL) will levy an "emergency equipment surcharge" of US$400 per FEU from July 1 on transpacific cargo because of the global shortage of containers, said CSCL deputy general manager Zhao Hongzhou after shareholders meeting in Shanghai, reports Bloomberg. "The demand recovery has led to a shortage of boxes," Mr Zhao said. ...

Asian Shipowners Forum signs global anti-piracy petitionJun 25, 2010

THE Asian Shipowners Forum (ASF) has joined forces with a coalition of organisations to back a global e-petition, www.endpiracypetition.org demanding concrete action be taken to end maritime piracy that is "placing seafarers' lives at risk and threatening international shipping and world trade." "We, the undersigned, urgently call on governments to d...

RCL and Simatech revive Straits-India-Pakistan serviceJun 25, 2010

REGIONAL Container Lines and Simatech are starting a joint weekly service linking ports in Singapore and Malaysia to India and Pakistan. The service, named RPI by RCL, will deploy the 1,850-TEU Thana Bhum and the 1,440-TEU Sima Sahba and 1,440-TEU Sima Saman. The port rotation is Singapore, Port Kelang, Nhava Sheva, Karachi and back to Singapore. ...

'K' Line, Union Pacific beat the rap on inland liability Jun 25, 2010

THE US Supreme Court has dismissed a claim that domestic shipping law covers liability for damages to international intermodal shipments moving inland, affirming the liability is governed by the Carriage of Goods by Sea Act. By a six to three vote, the high court backed Japanese shipping group "K" Line and the Union Pacific Railroad in rejecting a claim...

Idle containership fleet shrinks to 380,000 TEUJun 25, 2010

THE worldwide idle containership fleet has fallen from 1.17 million TEU at the beginning of April to 380,000 TEU currently, based on Alphaliner's records. This is attributed to demand for vessels outstripping the supply of newbuildings delivered in the last three months. The second quarter is also expected to see over 410,000 TEU of new capacity delive...

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Transportation Center Connecting Asia and Europe Market

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Qingdao Saint Voyage Log

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

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