Media
Media
HAVING emerged from a period of retreat by cutting tonnage, Mitsui OSK Lines (MOL) has decided to accelerate to greater profit, according to company president Akimitsu Ashidad. "Let us keep making every effort to reach a consolidated ordinary profit of JPY100 billion (US$1.05 billion) for FY2010, and a consolidated ordinary profit of JPY150 billion FY2012...
NYK LINE's 9,120-TEU NYK Orion has surrendered seven containers of whale meat from 13 finback whales to Dutch officials at the Port of Rotterdam enroute from Iceland to Japan. A demonstration by Greenpeace protesters, which involved chaining themselves to the mooring ropes, induced the shipping line to surrender the cargo to Dutch officials. Environmen...
LAID-UP containerships have fallen to 8.9 per cent of the global fleet, dropping below nine per cent for the first time since February 2009, according to Paris-based Alphaliner's fortnightly survey. This is in spite of the anticipated 150,000 TEU in new deliveries this month, because new services and service resumptions are expected to employ 60 vessels ...
CANADA Transpacific Stabilisation Agreement member lines have announced a May 1 increase in their currency adjustment factor charge, which is a return to the previous six per cent, having dropped it to five per cent this month from the six per cent charged in March. CTSA members include APL, Cosco, Evergreen, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line...
SINGAPORE's Neptune Orient Lines recorded a year-on-year 37 per cent increase in container traffic to 189,000 FEU for its APL unit because of higher volumes from transpacific and intra-Asia trades for the four-week period to March 5. APL throughput in January and February increased 52 per cent to 496,600 FEU. Average revenue per FEU was eight per cent up...
HONG KONG's Overseas Orient Container Line has announced a bunker adjustment factor (BAF) for cargo on intra-Asia trade lanes. Effective May 1, the BAF for traffic from China to south east Asia will remain at US$105 per TEU, but for traffic from China to Middle East, India and Pakistan will be revised to $275 per TEU for dry and $399 per cent TEU for ree...
DANISH shipping giant Maersk expects to break even this year following substantial losses of US$2.09 billion in 2009 and is predicting an increase in container shipping demand of five per cent in 2010, upwardly revising its earlier forecast of a 3-4 per cent rise. Maersk Line CEO Eivind Kolding said container rates have increased since December and are dr...
NORWAY's ro/ro carrier Hoegh Autoliners has appointed Hong Kong's Jardine Shipping Services as its southeast Asia agent, it was announced recently. "Ten to 12 years ago, we had a very high level of activity in this area but after the tiger crisis, much of the cargo base disappeared. In 2009, we decided to take a closer look at certain markets. We were r...
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
qq.com