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LONDON's Drewry Shipping Consultants has started publishing a new product "Freight Shipper Insight" that examines the financial position of 25 major container shipping lines, airlines and logistics firms for which financial information is available. Included in Drewry's new Freight Shipper Insight is a Z-score table, which measures the financial health ...
HONG KONG's Orient Overseas Container Line (OOCL), a wholly-owned subsidiary of Orient Overseas (International) Ltd (OOIL), has announced the upcoming launch of its Mobile Cargo Tracking system that will be available from February 1. The solution offers customers the ability to search and track their cargo by booking number, bill of lading number, or con...
ISRAELI carrier Zim Integrated Shipping Services is expected to deploy its 8,440-TEU newbuilding, the Zim Ningbo, which is the second of four sister ships ordered from Hyundai-Samho in 2006 on the transpacific loop PNX that it jointly operates with Grand Alliance carriers. The extra ship is being assigned to the PNX service to "slow down" this loop "and y...
DENMARK's container shipping giant Maersk and its runner up rival Geneva-based MSC are both buying slots on the Asia-Australia AAS service run by Hapag-Lloyd, Hamburg Sud, HMM, APL and Evergreen. The upgraded AAS will be described as "Yoyo" by Maersk and "New Panda" by MSC and will connect Taiwan and South China to Australia. The new slots will complete ...
Spot container box rates from Shanghai on the mainline trades have skyrocketed ahead of Chinese New Year. Hong Kong-based research house Transport Trackers described the situation of getting cargo out of Shanghai as “hell” with cargo owners forced to pay whatever rate was being asked. Transport Trackers quoted an example from a forwarder sayin...
Qatar Gas Transport Company Ltd. (Nakilat) has signed a joint venture agreement with Damen Shipyards Qatar Holding B.V., a wholly owned subsidiary of Damen Shipyards Group, to jointly operate a shipbuilding facility in the Port of Ras Laffan, Qatar. Abdullah bin Hamad Al-Attiyah, Deputy Prime Minister and Minister of Energy and Industry, and Chairman of t...
Chevron has signed an agreement to supply Japanese utility Kyushu Electric Power with liquefied natural gas (LNG) from its Gorgon and Wheatstone projects in Australia. Kyushu Electric Power will receive 0.3m t/y of LNG from Gorgon for 15 years and 0.7m t/y from Wheatstone for 20 years. It will gain a further 0.1m t/y if it buys as planned a 1.83% s...
Somali gunmen hijacked a Cambodian cargo ship, the MV Layla-S, off Berbera after it unloaded at the port in the breakaway northern enclave of Somaliland, a regional maritime official said Thursday. "Crew members on board the ill-fated vessel are ... Pakistani, Indian, Sri Lankan, Somali and Syrian nationals," Andrew Mwangura of the Mombasa, Kenya-based East...
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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