Panalpina Los Angeles has added an additional 42,000 square feet of warehouse space, further extending the company's portfolio of supply chain management services. Built in 2000, the leased facility is equipped with a state-of-the-art inventory control program, a high value cargo cage and full security system with 24/7 closed circuit cameras throughout. ...
LONDON's Zodiac Maritime's five 13,092-TEU megaships are to be chartered for a three-year period at a fixed and "relatively cheap" rate with Danish giant Maersk. The megaship delivery date by Hyundai-Samho is due first half of 2011 and adds to Maersk orders made in 2007 of eight vessels of similar capacity. These are to be charted from Rickmers Reederei...
Taipei: The slew of new intra-Asia services seen in 2010 continues. Evergreen Line and China Shipping Container Lines (CSCL) will launch a new joint service, the China-Philippines-Thailand Express Service (CPT) effective mid-March. The new CPT service, which is expected to commence from Shanghai, will operate with three 2,500 teu vessels. Evergreen will d...
Seoul: The Korean Register of Shipping (KR) celebrated its 50th anniversary, debuting a book charting the company's history at a gala dinner last night in the South Korean capital. Around 150 leading shipping executives flocked to the Lotte Hotel in central Seoul to toast the classification society which now has more than 40m gross tons on its book...
London: The Baltic Exchange has started a trial on India – China iron ore voyage equivalent rate. The daily rate is based on the existing S7 India-China supramax iron ore time charter route and no fixtures are taken into consideration. "We think that this service will be of particular interest to the many shipowners, charterers and freight traders act...
Hong Kong: Sinotrans profits fell 69% last year and it is forecasting volatile shipping markets for the year ahead. Hong Kong-listed Sinotrans reported a net profit of $106m for 2009, compared to a $347m profit in the previous year. Revenues fell 49.8% to $229m last year down from $455m in 2008. The drop in revenues and profits was largely due to a slump in...
“New York Highway”, a pure car carrier owned by Kawasaki Kisen Kaisha, Ltd. (“K” Line) and Taiyo Nippon Kisen Kaisha, Ltd., arrived at the port of Muroran in Hokkaido, Japan on March 9, 2010 and completed her final duties as a car carrier. She was built in 1985 by Oshima Shipbuilding Co. Ltd. and has been employed in the transport of...
Panalpina Los Angeles has added an additional 42,000 square feet of warehouse space, further extending the company's portfolio of supply chain management services. Built in 2000, the leased facility is equipped with a state-of-the-art inventory control program, a high value cargo cage and full security system with 24/7 closed circuit cameras throughout. ...
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