THE China Containers Average Freight Index (CCAFI) posted by www.shippingchina.com , showed that rates from China ports continued to rise in May, even doubling on some trade lanes year on year, Xinhua reported. Experts say higher rates will reduce, if not eliminate, shipments of low-value goods and encourage a rise in export prices, dampening sales and...
COSCO Container Lines has announced a new surcharge its website calls a "container imbalance fee" to be applied to all shipments from north China to southeast Asia from June 21. While there was no explanation of the meaning of the CNY300 (US$40) charge per TEU and CNY600 per FEU, it is understood that it compensates for the imbalance between headhaul an...
TAIWAN's Evergreen Line has cut ships from four to three, averaging 2,809 TEU, from the intra-Asia B Loop, also cutting calls to Qingdao, Shanghai and Keelung, according to ComPair Data. The revised rotation is now Kaohsiung, Taichung, Taipei, Hong Kong, Shenzhen-Yantian, Pasir Gudang, Tenjung, Port Klang, Penang, Port Klang, Tanjung, Singapore, Manila...
ISRAELI flag carrier Zim has announced it will levy a peak season surcharge of US$175 per TEU and US$350 per FEU from July 1 on the Asia-Europe, Asia-Med and Asia-Black Sea trade routes. In this, Zim joins CMA CGM with its $200 per TEU charge on Asia-north Europe cargo. MSC has applied an eastbound peak season surcharge of $100 per TEU from north Europe...
CMA CGM is to include Durban, South Africa as a new call on its WAX (West Africa Express) service linking Asia to West Africa from Friday this week (11 June), coinciding with the start of the FIFA World Cup in South Africa. The new weekly call will allow CMA CGM to directly connect South Africa to Asia, both eastbound and westbound, in response to the e...
Rickmers-Linie, the breakbulk, heavylift and project cargo specialist headquartered in Hamburg, has launched a new service linking North Asia with South America and the US East Coast. Four vessels, each capable of lifting 120-tonne indivisible loads and featuring stern ramps for rolling cargo, will maintain the monthly schedule. Base ports covered b...
CHINA Eastern Airline has launched a passenger charter service from Qingdao to Hualien in Taiwan to meet the growing demand for Taiwan tourism, reports Logistics Week. The service with eight flights deploys an Airbus A320, which departs from Qingdao Airport at 0800 hrs. Hualien Airport becomes the third Taiwanese airport opened to Qingdao Airport fo...
THE Port of Antwerp will host the heavy lift freight forwarding network's next annual conference from June 30 to July 3, 2010. "PPG is looking forward to meeting in Belgium and at one of Europe's major heavy lift project cargo ports," said Project Professionals Group general manager Kevin Stephens in a statement issued by the over dimensional (third p...
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