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The world's 20 leading container shipping lines have seen their active capacity decrease by 2.4 per cent over the last 12 months, mainly due to an increase in the idle fleet size. On the other hand, their total operated fleet has risen by 1.6 per cent since 2009 based on the carrier capacity rankings published by Alphaliner on January 1, 2010. The combi...
Singapore global port operator, PSA International, experienced its first annual decline - 9.9 per cent - to reach a still staggering worldwide throughput of 56.93 million TEU. The group's Singapore terminals volume came in at 25.14 million TEU (-13.1 per cent) and PSA terminals outside Singapore handled 31.78 million TEU (-7.1 per cent). It was the firs...
Chinese shipyard Guangzhou Zhongchuan Longxue Shipbuilding has launched its 308 tons tonnage tanker, the largest-ever, "Ukrinform" reports. The "Xin BuIn” ship’s first voyage is due late January. The tanker’s capacity allows carrying 350 tons of crude oil. The vessel is equipped with the latest navigational equipment. It can withstand seve...
Hanjin Shipping announced that it is introducing West Africa Service with UASC effective March 1st, 2010. Named WAF (West Africa Service), this new service will be running between Valencia, Lagos, Cotonou, Tema and Abidjan with 2 of 1,700TEU class ships, 1 deployed by Hanjin Shipping and the other by UASC. Hanjin Shipping comments that the introduction ...
Stolt-Nielsen S.A. (SNSA) (Oslo Børs: SNI) announced today that it has reached an agreement with SLS Shipbuilding Co. Ltd. (SLS) to buy the four 44,000 deadweight ton (dwt) fully coated parcel tankers that SNSA had originally ordered in June 2005. The price of the ships is in line with what is believed to be current newbuilding prices. Te...
Seaspan Corporation announced that it accepted delivery of a 5100 TEU containership named the MOL Empire from Hyundai Heavy Industries Co., Ltd. on January 8, 2010. This is Seaspan's first delivery in 2010 and expands the Company's fleet to 43 vessels. The MOL Empire is on charter to Mitsui O.S.K. Lines, Ltd. ("MOL") of Japan under a twelve-year, fixed-...
US domestic shipping and logistics company, Horizon Lines, has teamed up with Ports America, to service cargo moving through the Port of Oakland between the US mainland, Hawaii, Guam and Micronesia. The Ports America facility offers state-of-the-art technology and terminal services with efficient gate and vessel operations. Service enhancements at the new...
Mediterranean Shipping Company (MSC) is to add a new weekly Asia service through the Suez Canal to Charleston, South Carolina, the deepest seaport in the US Southeast. “Charleston's deep, wide channels and excellent productivity make it a natural fit for this service,” said Allen Clifford, executive vice president of MSC (USA). “MSC and...
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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