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GERMANY's Hapag-Lloyd has announced a general rate increase for all shipments from the Far East to north Europe and the Mediterranean from February 1. The increase will be US$150 per TEU on all cargo from South Korea, Taiwan, Hong Kong, China, Macao, Singapore, Malaysia, Indonesia, Thailand, Philippines, Laos, Cambodia, Vietnam, Brunei, Vladivostok and V...
KOREAN shipping company Wan Hai will join its 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 additi...
THE US Port of Long Beach and the American Trucking Associations (ATA) are being sued by environmental groups which claim a settlement involving the port's clean trucks programme is illegal and should be overturned. The Natural Resources Defence Council (NRDC) and the Sierra Club said in announcing the lawsuit that Long Beach violated city bylaws and ...
CARRIERS should expect demands for all-in rates in the transpacific springtime talks and a 14 per cent improvement in rates this year but based on a 26 per cent decline last year, according to Drewry Shipping Consultants' Container Forecaster. The report said the worst of the recession was over and forecasted global container traffic to increase by 3.4 p...
JAPANESE shipping company "K" Line is forecasting an ordinary loss of JPY71 billion (US$766.24 million) and net deficit of JPY79 billion for fiscal 2010 on operating revenues of JPY810 billion. This comes amid projections that the worldwide container shipping industry will record a maximum annual deficit of JPY2 trillion in 2010. "In view of the adverse c...
GENEVA's Mediterranean Shipping Co (MSC) plans to temporarily assign three ships in the 8,000 TEU class on its Golden Gate Service (GGS) between Asia and US east coast via Suez. The Port Authority of New York and New Jersey (PANY-NJ) said the additional ships will set a record for container vessels calling the port, reported American Shipper. MSC (USA)...
Somalil and forces have helped in releasing a Yemeni-flagged container ship held by Somali pirates for nearly three weeks, writes Xinhua quoting the Yemeni Interior Ministry. The vessel, named Al-Mahmoud, carrying 15 crew members on board, was freed from Somali pirates on Friday with the help of the Somaliland naval forces, said the Interior Ministry in a s...
Kongsberg Maritime Sensor recently kick started activities at its new Kongsberg Maritime China Jiangsu (KMCJ) 2880m2 sensor production facility located in the Norwegian Industrial Park in Zhenjiang, Jiangsu province. The new facility is expected to support Kongsberg Maritime's position as a leading developer of sophisticated sensors for marine and of...
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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