Media
Media
The value index of freight Baltic Dry (BDI) is decreasing the second week and following the results of the auctions December, 18th it has made up 3258 points. According to the data of the auction, the highest mark was 4661 points in 2009 on November, 19. The maximum values ever the index reached in May, 2008 (more than 11700 points) , and its landslide st...
CSAV Norasia will add extra container carrying capacity to its Europe-India Middle East Express service (IMEX) through the deployment of larger vessels. The IMEX service currently deploys seven ships ranging from 3,100-4,000 TEU, to provide an average weekly capacity of 3,380 TEU, reports Alphaliner's weekly newsletter. It said the recently chartered 4...
TROUBLED French shipping giant CMA CGM will have a new CEO as its founder Jacques Saade withdraws to become chairman while Philippe Soulie takes over as CEO as part of a US$500 million rescue package between creditor banks and the Ministry of Finance. Details to be ratified at a shareholders meeting Wednesday December 23. Said Mr Saade: "With this agreeme...
OOCL announced on December 18, 2009, the christening of the twelfth Panamax class vessel in our line of sixteen 4,500-TEU vessels ordered from Samsung Heavy Industries. The new vessel was christened the m.v. OOCL Charleston by sponsor Mrs Louisa Cheng, the wife of Mr Edward Cheng, Deputy Chairman and Chief Executive, USI Holdings Limited, and Chairman, La...
Wilhelmsen Ships Service has opened its twentieth port office in Australia. The new office is in the remote port of Broome. Over 2000km from Perth and almost 2000km from Darwin, Broome is in close proximity to the rapidly growing oil and gas fields located off the North West coast of Australia which makes it an increasingly important support b...
The International Chamber of Shipping (ICS) is the principal international trade association for the merchant shipping industry with member national shipowners' associations in 33 countries representing all sectors and trades and 75% of the world merchant fleet. ICS represented the international shipping industry at the UN Climate Change Conference i...
HONG KONG's Orient Overseas Container Line (OOCL) has announced an increase in rates of US$250 per TEU and $500 per FEU and on 40-foot high cube boxes from mainland China, Japan, Korea, Hong Kong, Macau and Taiwan to Australia from January 15. In thanking customers for their understanding and support, the advisory told those seeking more information to c...
GRAND China Shipping (Yantai) Co Ltd (GCS), the liner shipping arm of Grand China Logistics (GCL), has commenced two domestic shuttle services, linking north and south China. The services deploy four 2,000-2,700 TEU vessels, which the carrier acquired this summer on the second-hand market, according to an Alphaliner weekly newsletter. The new services a...
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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