Shipping News

Box volumes on eastbound trade booming Dec 23, 2009

Eastbound container volumes to Asia grew by 12.57 per cent in October to 464,689 TEUs, as against 413,249 TEUs in October 2008, according to figures released by the European Liner Affairs Association (ELAA). However, volumes on the westbound trade from Asia decreased by 10 per cent in October to 962,818 TEUs, down from 1,074,486 TEUs during the correspond...

Ministry of Transport and Communications to transfer assets of the Shi...Dec 23, 2009

Finland’s Ministry of Transport and Communications will transfer the assets and business operations of the Shipping Enterprise Finstaship to a state-owned company that will start operation in the beginning of 2010. Ms Anu Vehviläinen, Minister of Transport, signed a transfer document on 22 December 2009. On 10 December 2009 the Government author...

More liferaft stations Dec 23, 2009

Manufacturers’ approvals of a number of Wilhelmsen Ships Service’s liferaft stations have now taken the number of approved stations to 30.  The expansion reflects the continuing success of the company’s Liferaft Exchange Programme around the world. Since Wilhelmsen Ships Service launched its Liferaft Exchange Programme one year ago,...

Euroseas Ltd. announces sale of two vessels Dec 23, 2009

Euroseas Ltd., an owner and operator of container carrier and drybulk vessels, announced today that it sold and delivered to their new owners the two oldest vessels in its fleet, M/V Gregos and M/V Artemis. M/V Gregos, a 38,691 dwt geared drybulk carrier built in 1984, was sold for further trading for approximately $7.9 million. M/V Artemis, a 2,098 TEU gea...

U.S.-Asia container lines to raise dry cargo ratesDec 23, 2009

Cargo demand continues to rise in the U.S.-Asia freight market heading into 2010, but transpacific freight rates remain severely depressed in both directions and container lines find themselves under mounting pressure to improve revenues in order to meet customers’ service requirements going forward. Effective February 15, member lines in the Westbo...

Baltic Dry Index fell for the 10th consecutive dayDec 23, 2009

The Baltic Dry Index, a measure of shipping costs for commodities, fell for the 10th consecutive day, the longest losing streak since September because of lack of cargoes, Exim News Service informs. The index tracking transport costs on international trade routes fell by 118 points, or by 3.5 per cent, to 3,258 points on December 18, according to the Balt...

Maersk reflags supertanker to FranceDec 22, 2009

A. P. Moller - Maersk has decided to reflagg its 307.000 DWT supertanker Maersk Newton to French flag. Maersk Newton is the ninth unit in a series of nine supertankers delivered from Dalian Shipbuilding Industry Maersk Newton was delivered in February 2009 to A. P. Moller - Maersk shipping company in Singapore, and it is sailing under the flag of Singapore ...

Zim adds vessel in EMX serviceDec 22, 2009

Zim Integrated Shipping Services held a naming ceremony for the Zim Colombo, a newly built 4,255-TEU vessel, at the state-owned Jaya Container Terminal in Colombo, Sri Lanka. The Zim Colombo will be deployed in Zim’s East Mediterranean Express (EMX) Service, taking the carrier’s total vessel deployment on the weekly service to 11. The expans...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

  • Business Type:trans/forwarder
  • Country:China