MITSUI-OSK Lines (MOL) has taken delivery of the MOL Maxim, one of ten 6,724-TEU ships ordered from Mitsubishi in two stages in October 2006 and October 2007. The MOL Maxim is the fifth ship to be built in the series since March 2009, after the MOL Maestro, MOL Magnificence, MOL Matrix and the MOL Majesty. The MOL Maxim is destined to join the New W...
DENMARK's shipping giant, Maersk Line, is deploying laid-up ships to reposition empties where they are needed - as well as ordering new boxes and leasing old ones, according to the UK's Handing Shipping Guide. Maersk management board member Lars Reno Jakobsen said the company expects the equipment shortage to last through the third quarter of this yea...
THE Jacksonville Port Authority has welcomed the maiden call of the 5,610-TEU Suez Canal Bridge, one ship in the new rotation of weekly calls at the TraPac Container Terminal at Dames Point. The new all-water service, jointly operated by TraPac parent MOL and "K" Line, will move cargo from Asia to the US east coast, including Jacksonville, via the Suez ...
DHL today announced the launch of its direct less than container load (LCL) weekly service from Shanghai to Keelung in Taiwan, enhancing its cross-strait connectivity. Danmar Lines, DHL Global Forwarding’s in-house carrier, is operating the new service. With cargo shipped directly from Shanghai to Keelung instead of being routed via Hong Kong, cus...
AP Moller-Maersk said that in response to an equipment shortage, Maersk Line has initiated production of new containers and leasing of containers, Dow Jones reported. Maersk has also re-activated laid-up container ships to assist in repositioning containers as fast as possible from e.g. the east coast of North America and Latin America to Asia. The cont...
Copenhagen: Unusually high demand for shipping from Asia after the Chinese New Year has resulted in space and container constraints onboard Maersk vessels. Lars Reno Jakobsen, head of Network and Product and a member of Maersk Line's management board said, "The present market situation is unique. The (vessel) utilisation rates have been much higher in the ...
Singapore: Asian demand has helped drive very large crude carrier (VLCC) rates to a five-month high. VLCC rates from the Arabian Gulf to the Far East pushed past the W100 mark last week for the first time since February. Rates have jumped from $41,800 per day at the start of June to $78,900 daily. Rates have been rising since late May and delays at Chinese ...
SINGAPORE'S Neptune Orient Lines' (NOL) container unit APL is about to start a Baltic feeder service linking Hamburg and Bremerhaven to Tallinn in Estonia, using the chartered US-flag 575-TEU National Glory. Tallinn is currently served with APL's Northern Baltic Express (NBX) service, which also covers St Petersburg. In the meanwhile, Team Lines ...
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