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NEPTUNE Orient Lines (NOL) subsidiary, APL, has deployed six 3,000-TEU class vessels to provide a weekly service its new PS5 transpacific route from Shenzhen's Chiwan Container Terminal (CCT). This follows the launch of an APL service from the same facility earlier this year, the PS5 passage will include several stops in Shanghai, Fuzhou, Nansha, Kaohsiu...
ONE of the world's largest containership, the 13,3460-TEU CMA CGM Christophe Colomb has made its maiden call at Shenzhen's Yantian International Container Terminal (YICT), where it loaded 2,600 containers. The 365.5-metre vessel is fully equipped with the latest technology, designed to optimise hydrodynamics and maximise propulsion. Use of an electron...
EVERGREEN Line plans to raise rates on December 1 on eastbound services from Europe and the Mediterranean to the Middle East (Red Sea and the Gulf), the Indian subcontinent and the Far East, including Japan and Australia. The increase will be US$100 per container on all cargo and commodities, including reefers and special equipment. (Source: Transport W...
MARSEILLES' CMA CGM Group, the world's No 3 container shipping line after Maersk and MSC, expects to return to a breakeven point by January and make a profit next year, according to a statement from the troubled company. "With the economy showing signs of improvement, the CMA CGM group is well-positioned to return to profitability in 2010," said CMA CGM...
Wärtsilä has signed a contract to design and supervise the construction of a modern oceanographic research vessel for the marine wing of the Geological Survey of India (GSI). The order was received in October. In addition to design and supervising the construction process, Wärtsilä will be involved in selecting the onboard scientific i...
U.S. Transportation Secretary Ray LaHood today reminded mariners about the importance of taking necessary precautions and implementing best practices in the wake of recent attacks on the M/V Harriett and Maersk Alabama off the coast of Somalia. “These ships’ successful defense against pirates should serve as a reminder to the marit...
OOCL announced yesterday that the company will introduce a rate restoration program in order to restore freight rates to a more sustainable level. Due to the economic downturn, there has been a weakening of revenue levels to the extent that freight rates are unable to cover basic operating or transportation costs. Current levels are unsustainable for the lo...
As practiced in previous years, Grand Alliance members Hapag-Lloyd, Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL), have announced a Winter Program for their US East Coast all water services. The temporary service adjustments are intended to take effect from December 1st, 2009 and will last for around 18 weeks. The service changes have...
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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