Shipping News

Terror attacks feared on oil tankers in Malacca StraitMar 5, 2010

Singapore: An unidentified terrorist group may be planning attacks against oil tankers in the Malacca Strait, the Singapore Navy and Singapore Shipping Association warned today, reports AFP. The SSA said it had received an advisory from the Singapore Navy Information Fusion Centre about "an indication that a terrorist group is planning attacks on oil tank...

MSC to receive the 14,000-TEU Savona on charter hireMar 5, 2010

MEDITERRANEAN Shipping Company (MSC) is preparing to take in the MSC Savona, the sixth containership to be built as part of 26 vessel programme, with ships ranging in size from 13,798-14,000 TEU that are to be delivered by Samsung and DSME. The 14,000-TEU MSC Savona is the third of the DSME vessels and is built to a design quite similar to that of the Sam...

CMA CGM to increase rate from US to the world March 15 Mar 5, 2010

MARSEILLE-based CMA CGM has announced it will increase a full range of US export cargo rates to Asia, the Middle East and the Indian subcontinent from March 15. From the US east, west and Gulf coasts to Asia the rate will increase US$150 per TEU and $200 per FEU. From the east and Gulf coasts to the Middle East, the rate will increase $75 per TEU and $150...

New World Alliance revamps Pacific Southwest Express ServiceMar 5, 2010

THE New World Alliance (TNWA) - made up of APL, Hyundai Merchant Marine (HMM) and MOL - have announced plans to revamp their Pacific Southwest Express (PSX) service. TNWA will add one ship to the PSX service for a direct service from Laem Chabang, Thailand, to the US west coast from March 15 with the sailing of the MOL Solution 107E. The new eastbound P...

BIMCO asks that all high seas regulation to be UN controlledMar 5, 2010

THE Baltic and International Maritime Council (BIMCO), whose shipowners run 65 per cent of global shipping, wants the UN's International Maritime Organisation (IMO) to control all high seas regulation and "govern shipping's response to greenhouse gas emissions". BIMCO, representing the big companies, wants the United Nations body to end rights of nation...

Maersk hits first annual loss since World War II - US$1.29 billion Mar 5, 2010

DANISH shipping giant, AP Moeller-Maersk, which owns the world's biggest container carrier, suffered its first annual loss since World War II as freight rates dropped 28 per cent year on year and global consumer demand evaporated. Maersk posted a net loss of DKK7.03 billion (US$1.29 billion) based on 17 per cent less revenue of DKK260 billion which stood...

SCA Transforest launches new feeder serviceMar 4, 2010

The Swedish paper and timber products manufacturer Svenska Cellulosa Aktiebolaget (SCA) and its transport and logistics unit SCA Transforest have been operating a regular scheduled liner service called “Container Express” since 1 March 2010, linking northern Sweden and the Port of Hamburg. The vessel FLINTERCAPE, with a carrying capacity of 80...

MSC Begins Asia-Suez Service in Charleston Mar 4, 2010

- MSC’s “Golden Gate Service” (GGS) has made its inaugural call to the Port of Charleston, linking the US southeast’s deepest port with China, SE Asia and the Middle East. The first vessel in the service to call at Charleston’s Wando Welch Terminal was the 1,065-foot-long MSC Rita which has a maximum draft of 47.5 feet (14.5 ...

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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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