Shipping News

Swire Shipping starts South East Asia-Port Moresby ServiceApr 18, 2011

SWIRE Shipping has announced a major upgrade to its service coverage from South East Asia to Papua New Guinea with the deployment in late April of an additional 1,100-TEU vessel (13,600 dwt) to its existing shuttle service, with both ships making direct port calls into Port Moresby. "The deployment of this additional vessel allows a service upgrade that...

WTSA carriers publish service contract checklist for shippersApr 18, 2011

MEMBER container lines in the Westbound Transpacific Stabilisation Agreement (WTSA) have published a checklist of issues to be considered in service contract negotiations to avoid disputes. The guidelines are a result of two-year informal discussions between shippers and carriers since the economic downturn 2009-2010 that highlighted issues of bookings,...

OOCL scans ships, exports, crew leaving Japan for radiationApr 18, 2011

HONG KONG's Overseas Orient Container Lines (OOCL) said it is scanning all vessels it owns or charters for radiation before they depart from the Japanese Kanto ports of Tokyo and Yokohama. The scanning, which is being done by licensed personnel, covers crew, superstructures, open decks and selected containers to mitigate the risk of radiation from outb...

Grand China Shipping's new transpac loop evokes late TCC serviceApr 18, 2011

AFTER the recent passing of The Containership Company (TCC) from the transpacific scene, it now seems Grand China Shipping's new weekly service, deploying five 2,700-TEU ships later this month, covers some of the same ground. Grand China's SPX service has the following rotation: Hong Kong, Shenzhen, Ningbo, Shanghai and Long Beach ending with a quick ...

LA up 10.2pc, Long Beach down 7.5pc, net gain of 2.5pc resultsApr 18, 2011

LONG ANGELES import volume in March was up 10.2 per cent while neighbouring Long Beach suffered a 7.5 per cent drop, resulting in a slight overall net gain for the two San Pedro Bay ports of 2.5 per cent. Although imports are forecast to build up momentum in 2011 after a traditional slowdown over Chinese New Year holidays, US export boom is unlikely to ...

EU lifts ban, allows shipping to resume to Cote d'IvoireApr 15, 2011

THE European Union has lifted its ban on shipping and financial transactions with the government controlled agencies of the Cote d'Ivoire following the arrest of Laurent Gbagbo, the former president who lost the general election in November 2010, but refused to leave office. Under January's EU restrictions dealings with the ports of Abidjan and San Ped...

Neptune Orient Lines to switch to low sulphur fuel in SingaporeApr 15, 2011

CONTAINER shipping and logistics group NOL has announced that its vessels will start using cleaner burning, low sulphur fuel at ports in Singapore, where the company is based. The move to convert to marine gas oil while at berth will affect all 80 of the vessels operated by APL, the group's container shipping line, which make more than 900 port calls in...

Paragon Shipping aims for US$200 million in Box Ships IPOApr 15, 2011

GREEK carrier Paragon Shipping aims to raise US$200 million in a listing of 10 million shares, valued at US$15 to $17 on the New York Stock Exchange for its containership arm Box Ships, Inc. The proceeds of the flotation, valued at $147 million will fund an initial fleet of six containerships, reports Newark's Journal of Commerce. Further shares of 1.5 m...

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Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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