Media
Media
Hong Kong: Fleet Management has been fined $10m by US court for its role in the oil spill that resulted from the collision of the Cosco Busan with the San Francisco Bay Bridge. Fleet pleaded guilty last year to violating federal pollution laws and felony obstruction of justice after the containership Cosco Busan struck the Bay Bridge in fog on 7 November 20...
Copenhagen : New boxship player, The Containership Company is set to start services from China to Europe and the US in the next few months once fundraising is completed. Erik Helberg ceo of RS Platou Market’s said interest in fundraising for the new company had been very good, Danish newspaper Borsen reported. The company is placing out 15m shares to ...
SOUTH KOREA's Hanjin Heavy Industries has reportedly told the Marseille shipping giant to pay for the first of four 6,500-TEU vessels or have it sold to another owner. The deadline is next Tuesday, say industry sources, reported by Lloyd's List, which added that the shipyard had already cancelled the third in a series of four cellular ships ordered by C...
SINGAPORE's APL has announced a general rate increase of US$100 per TEU, $200 per FEU from March 1 in the intra-Asia trade, specifically from Far East to India and Pakistan. APL said intra-Asia operating conditions in the trade remained challenging, with "unsustainably low" rates. "The rate increases are essential for APL to sustain its comprehensive ser...
The CMA CGM Group has announced a new rate increase of US$200 per TEU on all cargo from Asia to north Europe and all Mediterranean and Black Sea ports. New increases will apply to all westbound cargo from Japan, south east Asia, Sri Lanka and Bangladesh to ports from Portugal to Russia from March 15. (Source: www.schednet.com )
HONG KONG's Orient Overseas Container Line (OOCL) is expected to levy an "emergency relief" surcharge from March 1-20 on shipments from Hong Kong, Macau and south China to Canada. The surcharge of US$320 per TEU, $300 per FEU, $340 per 40-foot high cube and $380 per 45-footers applies to all dry and reefer cargo. While it was reported as such in Newark'...
Beleaguered Port Taranaki finally received some good news with one of the world's largest shipping companies is adding the New Plymouth port to its New Zealand service, the Taranaki Daily News reported. While the arrival of Mediterranean Shipping Company (MSC) won't make up for the big trade hit the port suffered last year when diary giant Fonterra drop...
Wan Hai Lines and Pacific International Lines have restructured their weekly Asia-Europe coverage with the introduction of a joint Far East-Europe (FES) service using nine ships of 4,250 TEU capacity. The carriers will each operate four vessels and the ninth will be jointly deployed. The current slot charter arrangement on Coscon’s Asia Europe servi...
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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