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THE New York Shipping Association (NYSA) employers say the rejection by the International Longshoremen's (ILA) of a proposal to extend the existing labour contract is a major blow to port growth and the prospects of entry-level dockers' at a time of severe economic downturn. The 200-strong ILA wage scale committee rejected the two-year extension of its ...
KOREA's Hanjin Shipping and Hyundai Merchant Marine have announced they will cooperate in the transpacific trade beginning in October. The two will exchange vessel space with Hanjin taking slots on Hyundai's SZX (Suez Express service) and Hyundai taking them from Hanjin's AWN (All Water North Atlantic service). With the slot exchange, Hanjin Shipping...
MEMBERS attending the 2009 Global Shippers' Forum (GSF) have declared that the downturn affecting the liner shipping is "a direct consequence of the economic conditions and could not be attributed to, nor were they exacerbated by, the reform of EU competition law and outlawing of liner shipping conference cartels on trades to and from Europe." The GSF me...
Hanjin Shipping has announced today that it is launching new services covering Far East, India and the Middle East beginning from November. Named FIX (Far East India Express) and FMX (Far East Middle East Express), these two separate services will be replacing the existing FIM (Far East India Middle East). FIX, with 5 of 2,500TEU class vessels deployed ...
At their Women’s International Shipping and Trading Association’s (WISTA) Annual Meeting at the IMO in London last week, the delegate body voted in three new members to its Executive Committee: Vera Chalkidis, Commercial Director at Athenian Sea Carriers, Ltd. in Athens, Greece, was elected President, succeeding Marita Lille Scott who had ...
Trond Westlie will take up the position as Group CFO of A.P. Møller - Mærsk A/S on 1 January 2010. He will become a member of the Executive Board of the A.P. Moller - Maersk Group. Trond Westlie, 48, comes from a position as Executive Vice President and CFO of Telenor Group, Norway. Before joining Telenor in 2004, he was Executive Vice Presid...
The first Russian patrol boat has arrived in Abkhazia to protect the maritime borders of the former Georgian republic which has been recognized by Russia as an independent state, the Vesti television reported according to RIA Novosti. The Novorossiysk vessel is part of a Russian coastal guard division which will be based at the Abkhazian port of Ochamchir...
The short-term outlook for the dry bulk sector, as exemplified by its bellwether capesize market, remains 'weak', reports the Baltic Exchange, pending any 'significant fresh injection of visible enquiry.' Capesizes continued to slide last week in all areas. Cargoes were in steady supply, but the continued relative oversupply of tonnage particularly in...
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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