THAILAND's Regional Container Line (RCL) and Grand China Shipping (GCS) have enhanced their Thailand-Vietnam-China (RBC/EKX) joint service to Japan. Additional calls at Osaka, Kobe, Nagoya, Yokohama are included in their China-Japan service and the rotation is extended from three weeks to four, reports Paris-based Alphaliner. With GCS's chartered 990-...
THE sixth Singapore Maritime Week (SMW), from April 10 to 15 at the Suntec City Entertainment Centre Atrium together with the International Sportsweek for Seafarers, will focus on development strategies. Organised by the Maritime and Port Authority of Singapore (MPA), SMW 2011 features a total of 25 events including "outreach programmes, conferences, se...
THE Islamic Republic of Iran Shipping Lines and companies acting on its behalf are using deception to evade American and international economic sanctions, says the US Office of Foreign Assets Control (OFAC). In an advisory to the trade, OFAC warned of the following practices: the use of container prefixes registered to another carrier, omitting or listi...
MOODY's has upgraded the credit rating of DP World to investment grade, citing its "rapid recovery" in the terminal operator's performance. Moody's Investors Service increased the Dubai firm's US$3.25 billion of long-term debt to Baa3 from Ba1, saying its outlook is stable. The new ratings "are sustained by the company's diversified global oper...
THE supply and demand balance in the container shipping trades was tipped in favour of the freight forwarders and shippers this year to the detriment of the shipping lines, according to the director of Drewry Supply Chains Advisors Philip Damas. As freight rate volatility has increased in the last few years, Drewry figures indicate the length of time be...
ISRAEL's Zim Integrated Shipping Services has restructured the transpacific all water leg of its ZCS service to dedicate the loop to the north east Asia trade, starting from May. "The South China service is enhanced, together with our partners the Grand Alliance and Hyundai, with the SCE and SCE2," a statement from the carrier said. The revised por...
Hanjin Shipping announced Tuesday that it has received two 8,600 teu containerships from its yard. Hanjin Rotterdam and Hanjin Seattle are the last two of the series of five 8,600 teu ships received from Hyundai Sambo Heavy Industries. These vessels are equipped with fuel-efficient and eco-friendly engines that can reduce fuel consumption and carbon dioxide...
As April 12th (8:00am - MT), there are 16 vessels in the eastern part of the Gulf of Finland, which requested icebreaker assistance, the Port Authority of Big Port St. Petersburg reports. The St. Petersburg PA reports of 29 merchant ships currently located in the water area, 13 of them - in motion. Over the past day 22 ships have reached the entrance b...
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