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Media
Cargotec has signed a contract to deliver a range of advanced MacGregor offshore and subsea load handling systems to a deepsea research vessel which will be built at Mitsubishi Heavy Industries Shimonoseki shipyard in Japan. The order was booked in the fourth quarter 2009 order intake. "This contract serves as recognition of Cargotec's capacity and techn...
THE Panama Canal Authority (ACP) has awarded the fourth and final dry excavation contract (PAC-4) to complete the Pacific access channel to FCC-ICA-Meco, a Spanish, Mexican and Costa Rican joint venture. This contract will help create an access channel linking the new Pacific locks with the Canal's existing Gaillard Cut, which is the narrowest stretch of...
TAIWAN shipping company Wan Hai will join its Korean rival Hanjin in March to provide the South East Asia-Japan Express service (SJX), which is a second Far East-Pacific southwest loop. Wan Hai will deploy a single ship on the SJX service, which currently uses six 4,000-TEU ships from Hanjin. The SJX will extend Wan Hai's transpacific coverage with the...
HONG KONG-based Cosco Pacific increased liftings at the terminals it owns and operates by 1.2 per cent in December year on year with best results coming from in Guangzhou, Tianjin and Qingdao, but with Shanghai, Shenzhen and Hong Kong reporting declines. Cosco Pacific's 17 Chinese and four international terminals rose to 3.92 million TEU in December from...
GENEVA's Mediterranean Shipping Co (MSC) had informed the trade that it will levy a "short-term peak season surcharge" of US$100 per TEU February 1-20 on shipments from the Far East to Mediterranean and northern Europe. Paris-based shipping consultancy AXS Alphaliner said it was an "unprecedented time for such a surcharge. February is traditionally the w...
THE latest figures from Shanghai International Port Group (SIPG), operator of the Port of Shanghai, show that the port lifted 25 million TEU in the year of 2009, down 11 per cent compared to the 28 million TEU handled in 2008. In December, the port recorded the 2009's first monthly increase of 7.1 per cent to 2.4 million TEU, Xinhua reported. Being the...
The Port of Felixstowe has been included for the first time on the schedule for Maersk Line’s AE7 Asia – Europe service. The first vessel of the service, the Gjertrude Maersk, called at 9.30pm local time on Wednesday 13th January 2010. The 7,929 TEU Gjertrude Maersk shares the AE7 service with the world’s largest container vessels,...
SOUTH KOREA's Hanjin Shipping has unveiled its rate recovery programme for the transatlantic trade that will take effect later this year. The programme calls for rate restorations to be implemented at three separate intervals over a six-month period. The rate hikes will apply to all shipments transported by the carrier between North America, northern Eur...
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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