DENMARK's Maersk Line is to levy an "out of service" charge (OOS) of US$150 per TEU and $350 per reefer container on truckers to cover repair costs when come back damaged, reported London's International Freighting Weekly. "Damage to containers is a problem that affects all of us. When a container is returned to us damaged, it has to be repaired - which...
"K" LINE is to offer direct calls at Savannah and Jacksonville via Suez on its all-water service the AWE-4 it operates on behalf of CKYH Alliance (Cosco, "K" Line, Yang Ming and Hanjin) with increased capacity and new port stops as of May 15 with the sailing of Suez Canal Bridge from Shenzhen-Shekou. The new Asia-North America east coast service will depl...
Evergreen to start talks with yards to order 92 box ships Taiwan's Evergreen, the only carrier with no ships on order, has announced it will open talks in May with South Korean, Taiwanese and Chinese shipyards to buy 92 containerships. Evergreen chairman Chang Yung-fa released the information in an interview in a Japanese newspaper, and US Evergreen sp...
Singapore: Ezra Holdings reported an 18% jump in profits for the first half of the year. The Singapore-listed offshore vessels owner and operator said profits for the six month period ended 28 February 2010 were $28.8m, up 17.5% on the same period a year earlier. The company concluded $79m worth in new contracts for its three core businesses in the six mont...
Townsville: Three Asian seafarers from a Japanese bulker, Mimosa, have been arrested for illegally navigating through waters around the Great Barrier Reef. A 63-year-old South Korean man and two Vietnamese men aged 26 and 32 were arrested by the Australian Federal Police on Saturday, after the 53,556 dwt bulker, Mimosa, allegedly entered the no-go zone last...
- PSA International, Singapore posted a drop of 9.9% to 56.9m teu in container volumes for 2009, the first ever decline across its global operations, but in line with the year-on-year contraction in overall global container volumes, according to its Annual report. Throughput at the Group’s flagship terminal in Singapore declined 13.1% over the previ...
MALAYSIA-based carrier MISC Berhard is to launch a joint venture with Crescent Shipping Agency (India) Ltd to provide shipping agency services at Mumbai and New Delhi under the company name of MISC Agencies India Pvt Ltd. The third party agent Mumbai-based Crescent Shipping will cover services all locations in India. The carrier recently launched its we...
MORE services, slow steaming and ship deliveries have prompted a surge in the global container fleet expected in the next quarter, with total capacity set to increase by 430,0000 TEU, up from the 307,000 TEUs recorded in the last three months. Total new deliveries for the year are expected expand the global fleet by as much as 9.6 per cent, Paris-based Al...
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