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SOMALIAN pirates, preying on shipping in the western Indian Ocean and the Gulf of Aden, should be attacked from the landside, according to Somali Prime Minister Omar Abdirashid Sharmarke. Mr Shamarke requested assistance in attacking the two main pirate networks through the deployment of information-sharing centres to learn how the pirates operate and wit...
ALL-IN freight rates on east west trade will rise 18 per cent next year while trade volumes will increase 2.3 per cent according to the annual container market review and forecast by London's Drewry Shipping Consultants, reports Logistics Week. "The container market has bottomed out and we expect global traffic to recover a little in the second half of 2...
DENMARK's Maersk Line has commenced a new east Mediterranean to central Europe service via the Adriatic sea. The Adriatic Levant Express ALEX service links Alexandra, Egypt, and Ashdod, Israel to Central Europe. The ALEX service will offer its first sailing from Ashdod on November 18, with port rotation of Alexandria, Ashdod, Koper, Ravenna, Piraeus, L...
MEDITERRANEAN Shipping Company (MSC) is implementing a general rate increase for cargo imported from ports in North Europe and the Mediterranean to the United States, Canada and Mexico. From December 1, the rate will increase US$250 per TEU arriving from Europe and the Mediterranean to Canada and to the US Middle West via Canada. In addition on December 1...
EVERGREEN plans to raise rates in December and January on outbound containers from North America to Europe, Asia, Australasia and the Middle East. Rates will increase US$80 per TEU and $100 per FEU, which will also apply to 40-foot high-cube and 45-footers on dry cargo from Los Angeles to Asia, Australia and the Middle East. From all other ports on the US...
Kawasaki Kisen Kaisha, Ltd. (“K” Line) announced that a JVA in ship repair business has been signed with the joint venture company between Hanjin Shipping and Shunhe Shipping of Zhejiang Eastern Shipyard Co., Ltd. (ZESCO), a shipyard in Zhejiang Province by accepting ZESCO’s increase capital for third parties together with Shanghai Changji...
Wärtsilä opened a new workshop in Stockholm, Sweden. The new service centre is intended to further increase Wärtsilä's wide service offering, both for the marine market and power plant and industrial customers. The new workshop will cater to increased demand for additional after-sales support in the region. The workshop is located at Be...
Stolt-Nielsen S.A. (SNSA) announced that the company through its subsidiary Stolt-Nielsen Gas Ltd. has entered into a time charter of the 1999-built Very Large Gas Carrier (VLGC) Yuhsho. The Yuhsho is owned by Yuyo Steamship Co., Ltd. of Japan, and the period of the time charter is for three years with further options. The ship has a capacity of...
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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