Media
Media
Seoul: Hyundai Heavy Industries, the world’s leading shipyard, has been chosen as the preferred bidder for Hyundai Corp., a local trading company, the trading company’s main creditor said yesterday. Korea Exchange Bank said in a statement that STX Group and Hyundai Heavy Industries were the only two companies that submitted bids. The bidding c...
The new service to/fm the port of Novorossiysk will deploy a TEU 900 vessel which will have transit time of 5 days. The new direct service to/fm Turkey will have the fatest transit time on the market Maersk Israel announced last week two new shipping services to/fm Israel to Russia and Turkey which will improve the company's position vis-à-vis the...
The European Liner Affairs Association, a trade association consisting of most of the world’s major container lines, welcomed a decision by the European Commission to extend the antitrust immunity that the EU grants for liner shipping consortia. The EC on Monday adopted a new regulation extending for another five years the block exemption r...
CMA CGM reached agreement to establish a committee of French, European and international banks that will help it restructure its troubled balance sheet, the company said Tuesday. The French carrier, the world’s third-largest container line by capacity, met with its creditors in Paris on Sept. 25 to ask for a moratorium on its debt. The group of banks...
Evergreen and CSCL further unite by merging Asia-PNW loops Evergreen and China Shipping have further united their efforts by merging their two transpacific services today September 30 into a single loop, joining Evergreen's UAM pendulum string and CSCL's ANW 1 into a single Asia-Pacific Northwest (PNW) service. First calls from Ningbo will depend on eac...
Japan's MOL president Akimitsu Ashida has announced that the company has received approval from the government of Vietnam to establish a new terminal operation company, Tan Cang Cai Mep International Terminal Company Ltd. (TCIT). The new company will operate TCIT to open in February 2011. Katsunori Moriya, general director of MOL (Vietnam) has been named...
THE world's containership fleet capacity is expected grow to 13.26 million TEU by the end of the year, a lower than expected rate of 7.3 per cent, reports the Paris-based AXS Alphaliner newsletter. The forecast high has reduced from the 14.02 million TEU set in January, a far lower year-on-year rate than the French consultancy had expected. Its new forec...
THE North Asia New Zealand Discussion Agreement (NANZDA) has announced a rate increase US$300 per TEU and $600 per FEU on top of existing ocean freight charges on cargo from mainland China and Hong Kong to ports and points in New Zealand starting November 1. The NANZDA rate restoration was introduced "to maintain a high standard of service to customers 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
qq.com