Shipping News

"K" Line to sail bigger ships to TacomaMar 18, 2010

"K" Line will add bigger ships and more container capacity to its Asia - West Coast services in April. The Japan-based shipping line is replacing six 3,400-TEU ships that currently call in Tacoma with six 5,200-TEU ships. (Source: Transport Weekly)  

Intermarine moves massive cold boxesMar 18, 2010

The motor vessel Industrial Achiever, a specialized Roll on - Roll off semi-submersible vessel, recently loaded two massive Cold Boxes for an LNG plant under construction in West Africa. Built at a fabrication plant in New Iberia, Louisiana, the 700-ton boxes were transported to Houston by barge where they were trans-loaded to the Industrial Achiever for th...

DSME keen to build ships in YantaiMar 18, 2010

Dalian: Daewoo Shipbuilding & Marine Engineering (DSME) is looking to bolster its presence in the northern Shandong city of Yantai. The shipbuilder expects to receive a permit from Chinese officials within three months to build a shipbuilding yard there to go alongside its 2007-established block building facility, DCCS. When DSME founded DCCS it had aim...

SS Teo calls for EXIM bank for Singapore shippingMar 18, 2010

Singapore: Singapore Shipping Association president SS Teo is calling for a proposed Singapore EXIM bank to be extended to shipping. In his capacity as a nominated member of parliament Teo strongly supported a recommendation by the Economic Strategies Committee to set an Export – Import (EXIM) Bank in Singapore. “I would also like to propose tha...

STX bids for Daehan ShipbuildingMar 18, 2010

Seoul: The ultra-acquisitive STX Group, parent of the world’s fourth-largest shipbuilder, has submitted a bid to acquire financially troubled Daehan Shipbuilding. Daehan, which has been under a debt workout program since April 2009, owns a 140,000-square-meter (34.6-acre) shipyard in Haenam County, South Jeolla. The main dock there measures 460 by 72...

ELAA: Carrier January volumes peak on Asia-Europe routesMar 18, 2010

CONTAINER volumes from the Far East to Europe rose in January to the highest monthly figure since the economic crisis 18 months ago at 1.126 million TEU higher than the spike in westbound monthly figures in December 2009, according to the European Liner Affairs Association (ELAA). The capacity rise accounts for seven per cent of overall trade and could tu...

Evergreen Marine eyes 2010 profit Mar 17, 2010

Evergreen Marine, the world's fourth-largest marine shipping line, has targeted a profit for 2010 following losses last year, as cargo orders pick up with the global economic recovery, the company spokesman said on Monday. Evergreen, also the biggest marine shipper in Taiwan, swung to a net loss of T$1.976 billion in the second quarter of 2009 and report...

Hamburg Süd hikes eastbound Trans-Atlantic ratesMar 17, 2010

Hamburg Süd will seek a general rate increase on all cargo moving from the U.S. East Coast and Eastern Canada to Europe as of May 1, the second increase this year. The German carrier said Monday it will increase rates on tariff cargo as well as cargo moving under existing service contracts by $150 per 20-foot container and $300 per 40-foot container....

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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

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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