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Media
PIRATE attacks were foiled in the Arabian Sea off the west coast of India last week when Evergreen's 3,428-TEU Ital Glamour endured a 30 minute assault, TradeWinds reported. Evergreen's partner Italia Marittima said there were no injuries to the 22 crew though rocket propelled grenades hit cabins and the galley during the assault, reported UK-based Inte...
GERMANY's Hapag-Lloyd has announced it is breaking up its long-run service between Europe, the Far East and the US north west. The container shipping line is changing its NWX/Loop B service into a simple transpacific string from north east Asia to the Pacific north west, called NWX, it announced in a notice to trade. That would leave a separate Asia-Euro...
SINGAPORE's Pacific International Lines (PIL) will extend its weekly China Transpacific (CTP) Service by adding Australia and New Zealand from June 21. "This will enhance PIL's network in Australasia, meeting the growing demand for space from Australasia to Asia as well as the Trans-Tasman trade lane." said the PIL statement. Far East-Australasia/Ocea...
CHINA SHIPPING (CSCL) and United Arab Shipping Company (UASC) have signed a slot swap deal for Asia-Europe, involving CSCL's AEX7 Service and UASC's AEC2 Service that will cover 500 slots a week. The AEX7 agreement takes effect with the Shanghai sailing of the CSCL Jupiter on May 21, which will follow the rotation of Shanghai, Ningbo, Shenzhen-Shekou, H...
“Wilhelmsen Ships Service’s position as a front runner in the marine market is confirmed,” said the company’s Sales Director for Africa, Middle East and Black Sea (AMB), Nikolai Norman, as the company scooped the Shipping Company of the Year Award at the annual ShipTek Maritime Awards in Dubai in April. Norman collected the presti...
Greek drybulk carrier Diana Shipping Inc's quarterly results beat analysts' estimates, helped by higher time charter revenue on the addition of three vessels to the company's fleet, Reuters reports. First-quarter net income was $33.1 million, or 41 cents a share, compared with net income of $28.8 million, or 36 cents a share, a year ago. Time charter r...
GERMANY's Rickmers-Linie is upgrading its India service with the addition of new vessels. It said it will provide direct eastbound and westbound service between Europe and India, although, calls in Pakistan and the Middle East will be made on an "inducement" basis. The carrier for project cargoes and heavy lifts said its Europe-India service will call at...
DREWRY Shipping Consultants and a Singapore-based start-up commodities market Cleartrade Exchange have launched the World Container Index (WCI), a weekly freight rate derivative index on physical and derivative markets on 11 individual routes to and from Shanghai, New York, Los Angeles and Rotterdam every week. The WCI index will take from spot rates and...
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
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