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GENEVA-based Mediterranean Shipping Company (MSC) announced a general rate increase of US$250 per TEU and $350 per FEU on all shipments to the United States to western Mediterranean from July 1. Shipments to Italy, Spain, Portugal, Croatia, Slovenia, Montenegro, Albania, Canary Islands and the south of France (Marseille-Fos, Montoir and Le Verdon) will be...
AN influx of containers from China through Hamburg should boost the port's volume after figures show a four per cent decrease in containers in its first quarter, say port authorities. Asia traffic dropped by 2.1 per cent to 1.1 million TEU and European feeder services tied to Asia trade routes of 1.29 per cent against a rise in North American traffic of ...
THE idle containership fleet has dropped to 549,000 TEU, down from a high of 1,522,000 TEU in December 2009, resulting in a shortage of ships above 4,000 TEU, according to Alphaliner. "New services launched for the summer peak season are now rapidly absorbing idle ships over 4,000 TEU, and this is expected to continue during June. The idle fleet is expect...
INTRA-ASIA trade now leads the global container recovery, but its very strength could well cripple the fragile infrastructure that hobbled growth before the recession, said APL intra-Asia vice president Jason Wong. "Intra-Asia is already the world's single largest container trade," said Mr Wong at the eighth ASEAN Ports & Shipping Conference. "This w...
THE International Register of Shipping (IRS), one of the largest independent classification societies, is to open a regional office in Singapore. The addition of Singapore to its global presence will allow the classification society to offer its services to Singapore's companies said IRS board chairman Julian Padilla. "Singapore is one the busiest ports ...
THE first Somali pirate to be tried in the US in decades has pleaded guilty to 10 counts to commandeering the US-flagged 1,092-TEU Maersk Alabama in April 2009. Abduwali Abdukhadir Muse, one of six Somali pirates, will face sentencing in October of a maximum jail term of 33 years and nine months for hijacking and hostage-taking of Capt Richard Phillips fo...
CANADIAN freight forwarders have slammed CMA CGM's "Emergency Low Water Surcharge" on all eastbound containers from Montreal on the St Lawrence service to all destinations from June 1. Because of this year's light snow fall in Canada, the spring run-off did not bring St Lawrence River-Great Lakes water levels to normal. This made it impossible to fully ...
MITSUI OSK Lines Ltd (MOL) has announced plans to increase the sailing frequency of the Japan-Russia route, Japan Trans Siberian Line (JTSL), which it jointly operates with the Far Eastern Shipping Company (Fesco), from twice weekly to weekly sailings. Along with the direct service, the companies plan to launch a new Busan transhipment service to connect ...
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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