Shipping News

French dock unions make peace with government, employersApr 21, 2011

FRENCH dockers have come to an agreement with the government and employers, ending 18 months of strikes, raising hopes that port operations have returned to normal following the signing of an accord with the Federation Nationale des Ports et Docks (FNPD), a division of the CGT union. The government appears to have accepted the condition that certain port ...

ANL offers China, Australia to Papua New Guinea serviceApr 21, 2011

FRENCH shipping line CMA CGM's subsidiary, ANL, has started a service linking ports in China and Australia to Papua New Guinea. The carrier also announced that the Bunker Adjustment Factor (BAF) for this NAPX service will be raised from May 1 to US$680 per TEU and its breakbulk BAF will be increased to $38 per revenue ton/tonne (RT). Deploying three 60...

AADA levies BAF at US$600/TEU from Far East to Australia from May 21Apr 21, 2011

MEMBER carriers of the Asia Australia Discussion Agreement have announced a Bunker Surcharge adjustment from Japan, Korea, China, Hong Kong and Taiwan to ports in Australia to US$600 per TEU and $1,200 per FEU for dry and refrigerated containers from May 21. This reflects recent increases in the price of oil at Hong Kong and South Korea, said the organisa...

OOCL first quarter revenue increases 17.2pc to US$1.32 billionApr 21, 2011

HONG KONG's Orient Overseas Container Lines (OOCL) first quarter revenue increased 17.2 per cent to US$1.32 billion in the first quarter from $1.134 billion in the same quarter last year, its parent company OOIL told the Hong Kong stock exchange in a statement. First-quarter volume increased 9.7 per cent on the transpacific trade, 8.3 per cent on the Asi...

GE Shipping sells 3 VLCCs under constructionApr 20, 2011

Great Eastern Shipping Company Ltd (GE Shipping) had, in March 2010, signed a contract with Hyundai Heavy Industries Ltd (HHI), South Korea, for the construction of three very large crude carriers (VLCCs) of 318,000 DWT each. These vessels were scheduled to be delivered between January and April 2012, Exim News Service reports. The company has now entered...

Hanjin, Cosco put bigger ships on USEC loopApr 20, 2011

Taiwan's Hanjin Shipping has announced that it is upgrading its Far East to US East Coast (USEC) loop via Suez from April 24 by increasing ship sizes from 4,300-TEU to 5,500-TEU. Its AWE-5 (All Waters East Coast-5) service, which covers the Far East and USEC is currently operated by Hanjin Shipping and Yang Ming Line with nine 4,250-4,300-TEU class ships.F...

China Shipping finishes LA terminal expansionApr 20, 2011

China Shipping has completed a US$47.6 million expansion of its terminal expansion project at the port of Los Angeles, adding a 925-foot section of wharf, 18 acres of backland and four post-Panamax cranes. “The completion of this critical phase allows for the berthing of two ships simultaneously and positively positions China Shipping and the port f...

New Taiwan to Madras service launchedApr 20, 2011

Wan Hai Lines, Evergreen Line and Interasia Lines will jointly launch a Taiwan to Madras direct service at the end of April. The service, known as TMT, will consist of four 1,300 TEU vessels with two operated by WHL and one by EMC and IAL each. The service will run on a 28 day basis with a port rotation of Taichung, Keelung, Hong Kong – Hong Kong...

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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

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