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A Greek cargo ship was seized by Somali pirates on Wednesday in the Indian Ocean with at least 20 crew members on board, news agencies reported, citing the European Union Naval Force. The Greek-owned Filitsa was captured hundreds of miles off the Seychelles with three Greeks and 19 Filipinos on board, the reports said. The Marshall Islands-registered Fi...
Despite the most serious economic crisis of the post-war era, in the first nine months of 2009 Hamburger Hafen und Logistik AG (HHLA) generated a return well into double figures and confirmed its forecast for the year as a whole. Revenues were admittedly 25.8 percent lower at 746 million euros, and operating result* was 50.5 percent down at 143.6 million eu...
The CMA CGM group has taken delivery of the 13,300-TEU CMA CGM Christophe Colomb, the new flagship vessel of the group, in South Korea on November 10, according to Exim News Service. To date, it is one of the world’s largest containerships. Its dimensions are impressive: 365 metres long, 51.2 metres wide, with a draught of 15.5 metres. To be operat...
ISRAELI flag carrier Zim has announced a rate increase of US$200 per TEU for cargo from Asia to Europe as well as cargo from Europe to the US from December 1 and applies to destinations in north Europe, Mediterranean and Black Sea. Zim will also raise rates $250 per TEU and $350 per FEU from Italy to the US from December 10. From January 1, Zim will also ...
GRAND Alliance partners, Hong Kong's OOCL, Hapag-Lloyd and NYK, have announced their reduced winter service offering on the Asia-Europe route starting December 28. Four of the Grand Alliance's Asia-Europe services, EU1, EU2, EU3, and EU4, will be turned into three weekly services and renamed Loop A, Loop B and Loop C with changes to ensure network conti...
TAIWAN and mainland China's marine fraternity have not been getting on lately as Beijing delays one meeting on cross strait shipping and Taipei delays the next. The Taiwan News says the establishment of direct sea links has failed to improve the fortunes of Taiwan's main port of Kaohsiung, saying direct links were supposed to improve trade, but the port...
THE mood at the Global Shippers' Forum held recently in Dubai was one of "cautious optimism" over the economic outlook. Economic data as presented by Ben Hackett of Hackett Associates Ltd taken alongside shipping data was said to have indicated "a slow recovery being led by Asia," said a statement issued on behalf of the Global Shippers' Forum. Partic...
YANG MING Marine Transport Corp has announced a third-quarter loss ofNT$3.77 billion (US$117 million). The cumulative net loss for the first nine months of the year was NT$10.71 billion ($331 million). (Source: www.schednet.com )
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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