Hamburg Süd has received 2000 new reefer containers ordered and produced at Daikin production facility in China, Daikin press release said. “The market for new reefer equipment was hit hard last year by the global downturn. However, the continued confidence of long-standing customers such as Hamburg Süd helped Daikin retain its ranking as ...
As of April 19th, Baltic Dry Freight Index dropped by 7 points to settle at 3002 points, the Exchange trading data said. The BDI reached on November 19th 4661 points, the Index maximum for 2009. In May, 2008 BDI gained its highest level ever, more than 11700 points, beginning its slump in mid-July the same year. In Dec.5, 2008 it was at 663 pts, a minimum...
Chilean carrier CSAV has launched a weekly North China-U.S. East Coast service that will operate via the Panama Canal. The new America Express service will use 10 ships with 2,700 20-foot equivalent units capacity on a route that CSAV said will improve transshipment times to Central America, the Caribbean and U.S. Gulf ports. The service rotation will b...
NORDEN has agreed to purchase the 2 modern Handysize product tankers F.D. NORD FAST (built in 2008) and F.D. NORD FARER (built in 2005). Ownership of the vessels is expected to be taken over in June-July 2010. The purchase price of the 2 vessels is approximately USD 52 million. In addition hereto, NORDEN pays approximately USD 3 million to the current Itali...
Singapore: A Singapore-owned tug and barge are missing in the South China Sea. Industry sources told Seatrade Asia Online a tug and barge were reported missing off the east coast of Malaysia late yesterday. It is feared the tug and barge could have been hijacked, although it could simply be a communications equipment failure. No further information is avail...
On April 15, CKYH Alliance (COSCO, “K” LINE, Yang Ming, and Hanjin Shipping) announced complete success of its 2010 Summit Meeting held in Zhenjiang, China. At the annual CKYH Summit meeting, CKYH Alliance members, being all fully aware of the severe challenges in the “post-crisis” era, re-affirmed to further strengthen the collabo...
GENEVA's Mediterranean Shipping Co (MSC) will extend its Falcon service between Asia and the Middle-East to the Med from April 12 with the sailing of the MSC Clementina from Salalah. To retain weekly service, the New Falcon loop will add two ships to the six 2,500-TEU vessels to include calls at Gioia Tauro and Valencia. The revised rotation will be Si...
SINGAPORE's Pacific International Lines (PIL) and Taiwan's Wan Hai Lines have announced the resumption of the FES service from the Far East to northern Europe. PIL's 4,250-TEU Kota Labai, with 400 reefer plugs, docked at Hamburg on April 15 where 2,032 TEU were loaded and unloaded at the HHLA Container Terminal Tollerort (CTT), marking the termination ...
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