Shipping News

UASC resumes 2nd Europe-Far East serviceMay 12, 2010

United Arab Shipping Company (UASC), based in Kuwait, has reinstated its second Europe-Far East service. The first arrival of the AEC-1 scheduled liner service at the Port of Hamburg took place on April 27, with the docking of the containership Abu Dhabi, which is 276.5 metres long and 32.2 metres wide. It has a carrying capacity of 3,802 TEUs with connecti...

UASC resumes 2nd Europe-Far East serviceMay 12, 2010

The capacity of global liner fleet has increased to 14 million TEUs, or 185.4-million DWT, according to Alphaliner. The liner fleet comprised 5,905 vessels, including ships of all types deployed on liner trades, with cellular ships accounting for 95.9 per cent of the total, or 13.4 million TEUs, of which 0.9 million TEUs are now idle. The remaining 4.1 ...

Global liner fleet capacity increased to 14 m TEUsMay 12, 2010

The capacity of global liner fleet has increased to 14 million TEUs, or 185.4-million DWT, according to Alphaliner. The liner fleet comprised 5,905 vessels, including ships of all types deployed on liner trades, with cellular ships accounting for 95.9 per cent of the total, or 13.4 million TEUs, of which 0.9 million TEUs are now idle. The remaining 4.1 ...

STX Europe to build Platform Supply Vessel for Simon Møkster RederiMay 12, 2010

STX Europe has entered into a new contract with Simon Møkster Rederi for the building of a Platform Supply Vessel (PSV). The vessel is of STX Europe PSV 09L CD design. The vessel is scheduled for delivery in Q1 2012. Roy  Reite,  President  of  STX  Europe's  Offshore  &  Specialized  Vessels  ...

Containerships launches new container serviceMay 12, 2010

Containerships is starting a new container service between Izmir, Alexandria, Mersin and Misurata. The vessel employed will also be able to accommodate break-bulk shipments and will start its first rotation from Mersin on May 10, 2010. This new fortnight service will be used to link Mersin and Alexandria with Northern European as well as Baltic Sea ports....

Hanjin's quarterly operating earnings restores profitability May 12, 2010

SOUTH KOREA's Hanjin Shipping has posted a first quarter operating profit of US$2.2 million on sales of US$1.63 billion, yet quarterly net losses hit $118 million, but narrowed from the $191 million lost in the same quarter last year. Despite a cargo market recovery in cargo volume and Asia-Europe freight rates, the container division experienced an oper...

Famous Pacific Shipping boosts intra-Pacific serviceMay 12, 2010

Famous Pacific Shipping, an NVOCC and freight services supplier, is enhancing its intra-Pacific Islands freight connections with the launch of a new regular direct ocean freight consolidation service to a range of Micronesian destinations, as well as Guam and the Marshall Islands. One of the main factors in the expansion has been the lack of direct shippi...

Maersk launches Vung Tau-Los Angeles serviceMay 12, 2010

Danish container company Maersk Line has launched a new express service called TP6 that will transport containers directly from the SP-PSA international terminal in Vung Tau in southern Vietnam to Los Angeles on the US West Coast, according to Thai News Service. Maersk Line's Asia-Pacific managing director Jesper Praestensgaard said that the new route wa...

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Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

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