Media
Media
Bright Century bulk cargo carrier owned by Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) collided with a Laberia-flagged Sea Success freighter in foggy conditions while under way on the high seas approximately 23 miles east of the Shangdong Peninsula (37°38”N 123°07”E), China, and sank some 40 minutes later, on May 2nd at a...
Wilhelmsen Ships Service has noted a 13% increase between February and March in the number of port calls made for the provision of the company’s ships agency services. The upward trend appears to be continuing for April, as Wilhelmsen Ships Service today signs an agreement with Sinotrans Shipping Ltd Hong Kong to provide services covering appr...
FRENCH shipping line CMA CGM has transported five works of art on behalf of the JGM Gallery that specialises in contemporary sculpture for display at the Shanghai World Expo. The four sculptures were transported aboard the CMA CGM Fidelio between Zeebrugge and Shanghai on the French Asia Line services (Europe/Asia). As for the largest sculpture, Flatbed T...
ISRAELI flag carrier Zim has announced it will impose a general rate increase from northern Europe to Israel and from the western to the eastern Mediterranean next month. From June 1, rates from northern Europe to Israel will increase by US$100 per TEU while rates from the west to the east Med will rise $98. (Source: www.schednet.com )
A RAPIDLY depleting order book and an improved trade outlook could trigger a wave of new orders for containerships by the first quarter of 2011, predicts Alphaliner, ending an unprecedented 22-month slump. This view was cautiously supported by Philippe Hoelinger, vice president of SeaAxis, when he told Containerisation International's recent Global Liner...
CMA CGM, which has been unable to complete negotiations with a consortium of lenders to restructure $7 billion in debt, is considering a public listing of its stock as part of a package of measures aimed at turning its finances around after it lost $1.42 billion in 2009, according to the Financial Times. The Marseilles-based, company, which operates the t...
Mediterranean Shipping Company (MSC) is increasing the fleet capacity deployed in Saint-Petersburg service, Skrin reported. Under the new schedule, two container carriers MSC are to call at Saint-Petersburg port for the first time. MSC Rhone will call at the port replacing MSC Maria and MSC Canberra instead of MSC Iris. MSC Rhone called at the port, ber...
China Cosco Holdings will control carrying capacity through postponing new ship delivery and tap the burgeoning market in the container transportation field, according to general manager Zhang Liang, SinoCast reported. Zhang predicts that the company will witness a growth of 5.4 percent and 7.5 percent respectively for its carrying capacity and freight am...
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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