Media
Media
IN the Friday March 5 edition of the Shipping Gazette e-news of the AP Moller Maersk AS annual results, the group 2009 financial loss of US$1.31 billion was mistaken for the loss of the company's Maersk Line unit. We apologise for the error and for any inconvenience it may have caused. (Source: www.schednet.com )
GLOBAL Ship Lease Inc, a containership lessor, has announced an unaudited net income of US$12.3 million for the fourth quarter of 2009, compared to a $43.7 million loss for the fourth quarter 2008. The fourth quarter result includes a $5.1 million non-cash interest rate derivative mark-to-market gain. Net profit for the whole of 2009 amounted to $42.4 mil...
JAPAN's Mitsui OSK Lines (MOL) has announced its new SMX service, linking Laem Chabang, Singapore, Port Kelang to Chennai from March 23. The port of rotation will be Laem Chabang (Tue/ Wed), Singapore (Fri/ Sat), Port Kelang (Sun/ Mon), Chennai (Fri/Sat), Penang (Wed/ Thur), Port Kelang (Thur/Fri), Singapore (Sat/Sun) and back to Laem Chabang. The serv...
SUPPOSED rivals "K" Line, a member of CKYH Alliance and The New World Alliance's MOL, will create two joint loops from Asia to the northern and southern regions of the US west coast from early April, said a "K" Line statement. "K" Line and MOL will run joint operations to provide a stable and reliable service, the statement said. From April 7, the PSW-...
FRENCH shipping giant CMA CGM has announced a rate restoration for cargo from north Europe to the Far East from April 1. The increase will be US$150 per TEU and $300 per FEU. (Source: www.schednet.com )
LOGISTICS and container industry groups in 10 mainland cities have filed a request to the Ministry of Transportation to investigate into international ocean carriers charges, according to a report of National Business Daily. Groups from Shanghai, Shenzhen, Guangzhou, Xiamen, Dalian, Tianjin and Qingdao have joined to ask that "unreasonable" demands includ...
Singapore: Pacific International Lines is launching a multi-purpose service between China and Africa in March. The service will call Xingang, Shanghai, Huangpu in China and Durban, Tema, Lome and Lagos in Africa on a monthly basis. PIL will be deploying four chartered in 20,000 dwt multi-purpose vessels on the service with the first sailing from Xingang on ...
Singapore: Mitsui OSK Line, Bengal Tiger Lines and Regional Container Lines are launching a new service linking Thailand with Chennai, India. The three lines will be starting the service on March 23 each deploying three 1,100 teu vessels. The service will link Laem Chabang with Chennai, with calls at Singapore, Port Klang and Penang. The new service represe...
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
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