CHINA Merchants Holdings (International) Co has announced that cargo volume in 2010 may top 2008's record. Shipments at China Merchants' mainland terminals increased by 22 per cent between January and April, according to deputy managing director Hu Jianhua. "We still haven't returned to 2008 levels," Liu Yunshu, deputy managing director said. "We hop...
HKSG MEDIA is hosting 'Supply and Demand 2010-2012 New Horizons at the Hong Kong Convention and Exhibition Centre on June 30, 2010. Conference topics will include managing the supply overhang both today and in the coming years; meeting shippers' expectations in a industry that faces many new realities; supply chain cooperation for mutual gain; the futur...
NYK Line follows on from its Grand Alliance partner OOCL move to hike up its rates in the transatlantic in both directions to US$300 per TEU and $500 per FEU effective July 1. The rates increases will apply to all movements to and from northern Europe and to dry and reefer containers. (Source: www.schednet.com)
China Shipping and Evergreen's new transpacific service to start May 29 CHINA SHIPPING and Taiwan based Evergreen shipping line's new Asia America Central Service 2 (AAC2), beginning May 29 will offer shippers better connectivity between central-northern China and the US west coast ports of Los Angeles and Oakland, said a press release from the China Sh...
SHIPPING lines are charging South African fruit exporters extra to handle containers as sluggish work begins on clearing the backlog from the still lingering national transport strike that partially continued into a third week, reports Bloomberg Reuters reported that ports and railways were almost at a standstill with metals, cars, fruit and wine exports ...
FOUR shipowner groups, representing 90 per cent of tonnage afloat, have welcomed a call by the European Parliament for EU member states to support the Rotterdam Rules. This comes after the European Parliament earlier this month adopted a resolution that "calls on member states speedily to sign, ratify and implement the UN Convention on Contracts for the I...
VIETNAM is being urged to develop inland roads to support the giant deepwater container port that opened south of Ho Chi Minh City last year. "These are essential if we are to maximise capacity of the new deepwater terminals to handle main line mother vessels," said Cai Mep International Terminal Commercial (CMIT) officer Malcolm Gregory, reported Ameri...
DESPITE an uptick in container volumes, the Port of Los Angeles have cut back US$223.2 million from its fiscal year 2010-11 budget, down 20 per cent to $909.6 million against the expectation of an overall profit decline of 5.3 per cent. The income deficit is in lieu of the expiry in 2012 of clean truck compliancy and in an aim to retain customers by forgi...
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