OCEAN World Lines (OWL), a global NVOCC, has announced its launch of a supply chain visibility system that delivers an edge to smaller shippers as well as an assist in high-level decision making. Branded as OWL360, the system claims to provide shippers a view of their product including purchase orders and at the item level. The system automatically and ...
DANISH shipping giant Maersk Line has confirmed earlier reports that it has launched a pay-extra priority loading scheme to provide certain stowage when vessel space is tight. Under the "Priority Product Upgrade" scheme, customers can pay for priority loading on a particular vessel, said a company statement issued in Shanghai. "Before, it seemed lik...
MARSEILLES-based French shipping giant CMA CGM has announced the September launch of its new seafarers' masters programme in maritime ship management in partnership with the famous Euromed school. This is an addition to CMA CGM's first training programme in 2003 with this one aimed at seafarers and former seafarers who wish to improve their knowledge ...
COMPANIA Sudamericana de Vapores SA (CSAV) has said it expects to ship 2.92 million TEU in 2010, 63 per cent higher than in 2009. In consequence of the statement, its stock has risen to its highest in 19 months after disclosing higher than expected estimates for the year. "CSAV also said in that presentation that it expects a profit in the second qu...
Tokyo: Shipowners NYK and A.P. Moller-Maersk and classification society DNV have agreed to share ideas on emission-reduction technologies and initiatives. Exchanging knowledge in these areas aims to enable more cost-effective solutions and more efficient implementation of measures required to reduce CO2, NOx and SOx emissions and other environmental impacts...
Shanghai: China's two major shipbuilders, China CSSC Holdings and the China Shipbuilding Industry Corp., are considering investing in the Tianjin Shipbuilding Industry Fund, writes Xinhua quoting Cui Jindu, vice major of the coastal city. The fund, approved by the National Development and Reform Commission (NDRC), went into operation on December ...
ISRAELI flag carrier Zim Line is selling its stake in an unidentified foreign subsidiary for US$130 million - $170 million on the basis of a signed non-binding agreement from a secret buyer. The unit is reportedly involved in a "shipping related activity and does not hold ships," according to London's Containerisation International. This covers a wide ...
SAMUDERA Shipping has added an extra containership to its Kolkata-Haldia Express (CALEX) in response to increasing demand for cargo to and from Kolkata. The Singapore-based line expects the addition of a 629-TEU vessel will increase the service frequency to one sailing every week between Singapore and Kolkata, an improvement over one sailing through Kol...
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