Media
Media
GERMANY's Hapag-Lloyd container shipping line has announced it a wide range of freight rate increases on secondary trades from October 1. From north Europe to Oceania, which includes the South Pacific Islands, rates will increase US$251 per TEU and $501 per FEU. From Oceania to north Europe/Med, the increase will be $175 per TEU and $350 per FEU. From th...
EMIRATES shipping line has announced rate increases on cargo moving between Far East to the Middle East from September 1 and 8. Cargo from Far East to the Indian subcontinent will have a rate increase of US$125 per TEU. Cargo from Far East to ports on the Arabian Gulf will have a rate increase of US$200 per TEU from September 8. (SOurce: www.schednet.c...
UNITED Arab Shipping Company (UASC) announced it is increasing rates from the Far East to Arabian Gulf and Indian subcontinent ports, as well as introducing peak season and overweight surcharges from Asia to the Mediterranean. UASC will increase rates on all westbound cargo from Asia to Red Sea ports by US$150 per TEU and $300 per FEU and on 40-foot high-...
A former skipper who is a national of Azerbaijan was put in two-month pretrial detention in Georgia on Wednesday for the "violation of the rules on visiting the sea region of Abkhazia" after the tanker he commanded brought 2,600 tonnes of gasoline to Abkhazia on June 14 without permission from the Georgi...
Maersk Line announces further revisions to its trans-Pacific network including the temporary withdrawal of the Trans-Pacific 10 (TP10) service, and revisions to the Trans-Pacific 7 (TP7) and Trans-Pacific 3 (TP3) services. The TP10 will be suspended to suit demand anticipated during the upcoming slack season. The final TP10 eastbound departure will ...
Despite the weak 1H 2009 report and a gloomy forecast for 2009, Danish shipping giant A.P.Moller-Maersk (A.P.Møller-Mærsk) is regaining investor confidence. According to Logistics Finland, the company's B shares grew by 13.3% in the past two days. Stock market analysts say that the investors have grown used to the idea of a weak result in 20...
HARD TIMES for New York-listed shipowner Global Ship Lease (GSL) were eased through the rescheduling of US$800 million in debt that will now enable it to purchase of the 6,627-TEU CMA CGM Berlioz for $82 million, reports Paris-based Alphaliner News of Paris. But it came at a price. Dividend payments are to end and a cancellation of a $200 million in undra...
MAERSK Line is offering an India-Mideast service to the western Med through a slot swap with United Arab Shipping Company, reports Alphaliner News of Paris. This will take place on UASC's Asia-Med-USA pendulum (MINA) service operated with Hanjin, and to be branded ME-2 by Maersk. The ME-2 will cover Valencia, Genoa, Jeddah, Jebel Ali, Port Qasim, Nhava S...
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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