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YANG Ming is offering free shipping of international aid to Taiwan following the devastation of Typhoon Morakot in which more than 380 perished. The Taiwan carrier said it was offering two-months of shipping without charge though the period is extendable from all Yang Ming loading ports overseas to the ports of Kaohsiung, Keelung and Taichung. (...
MARSEILLES' CMA CGM has announced a rate increase on Asia to north Europe and Asia to Mediterranean-Black Sea-Adriatic cargo of US$200 per TEU from September 1. The increase, said the world's third largest container shipping line, was necessary to ensure the "same reliable efficient services to which customers have become accustomed". The carrier, whi...
In the first half of 2009, the global economic crisis had a severe negative impact on the activities of the A.P. Moller – Maersk Group. Freight rates and volumes for the Group’s container shipping activities were 30% and 7%, respectively, below the same period of 2008, and average rates for the tanker activities were considerably lower than in t...
Wan Hai Lines has announced that it will "enforce" rate recovery on its Far East-India service, according to the Shipping Gazette. With effect from September 1, the Taiwanese carrier said in a statement that the quantum will be US$100 per TEU and $200 per FEU. The company said the increase will apply to all cargo and commodities, including reefers and s...
CSAV and CCNI are reported to be scrapping their joint GEX service that links CSAV's hub in Kingston and CCNI's hub in Cartagena to the US Gulf and Central America, the Shipping Gazette informs. The GEX service currently uses three 1,700-TEU ships, to provide both an intra-regional sling and a feeder service. CSAV will continue to call at ports in Cen...
Singapore's Pacific International Lines (PIL) has taken delivery of the 1,802-TEU Kota Nazar, the eighth in a series of same-sized ships from the Dalian shipyard. The ship, which follows the Kota Nilam delivered in June, will join PIL's east Asia-South/West Africa service (SWS) co-loaded with Japan's MOL, the Shipping Gazette said. (Source: Transport...
It is reported that K Line is ordering a 32,000 DWT bulker from Hakodate Dock for delivery in the first half of 2011, becoming the first Japanese operator to order a newbuilding since the shipping market collapsed in the last year. The order also represents the first time K Line has ordered at Hakodate. The new ship will replace the 1996 built 24,000 DWT ...
China Shipping Development Co. Ltd. (1138.HK) said Wednesday its first-half profit fell 81% from a year earlier on weak demand for dry-bulk-related services. Profit for the six months ended June 30 was CNY613.64 million, down from CNY3.18 billion in the year-earlier period. Revenue fell 55% to CNY4.22 billion from CNY9.31 billion. China Shipping, a un...
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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