Hanjin Shipping will upgrade one of its transpacific trades that covers the Far East and the US East Coast from 24 April. The All Waters East Coast-5 (AWE-5) service is currently operated by Hanjin and Yang Ming Line with nine of 4,250-4,300 teu class ships. From the end of April, Cosco Container Lines will join as a new partner and the vessels will be repl...
THE GBP70 million (US$114.6 million) rail route supposed to cut 50,000 truck journeys a year between Southampton and Nuneaton, via Reading, Didcot, Oxford and Banbury, is complete. BBC News reported trains can distribute freight more quickly and economically. Network Rail has said much of the traffic on the A34 highway is caused by trucks moving cargo to...
SOUTHWEST China's Guangxi Autonomous Region plans to raise capacity of its port cluster at the Beibu Gulf (Gulf of Tonkin) to over 330 million tonnes by the end of 2015 and the shipping capacity of the Xijiang river to over 150 million tonnes, according to Xinhua's report. According to Guangxi's development plan, it will invest more than CNY7 billion ...
TAIWAN'S Hanjin Shipping has announced that it is upgrading its Far East to US east coast loop via Suez from April 24 by increasing ship sizes from 4,300-TEU to 5,500-TEU. Its AWE-5 (All Waters East Coast-5) service, which covers the Far East and the US east coast is currently operated by Hanjin Shipping and Yang Ming Line with nine of 4,250-4,300 TEU c...
A NEW Far East-north Europe service from Evergreen, Zim and China Shipping Container Line (CSCL) will come on stream on April 24 with a 63-day rotation and deploying nine ships of 8,000 - 8,500 TEU capacity. The carriers will add Antwerp and Xiamen to the loop with Evergreen providing five ships, three coming from Zim and one from CSCL. The service com...
FESCO Transportation Group has announced it is transporting a 1,850-ton mobile crawler crane produced by Lampson International from Kennewick, Washington, to arrive in Shanghai on April 15. It is described as being the largest land-based mobile crane in the world with a lift and carrying capacity of 2,358 tons and is outfitted with a 400-foot main boom a...
On April 8th, IPE Brent crude oil futures for May delivery surged by $3,98 to settle at $126,65 a barrel on the London-based ICE Futures Europe exchange. Light Sweet Crude price rose by $2,49 to $112,79 a barrel on the New York Mercantile Exchange. (Source:http://en.portnews.ru)
As of today, April 11th (8:00am - MT), there are 38 cargo ships in the eastern part of the Gulf of Finland that requested icebreaker assistance, the Port Authority of Big Port St. Petersburg said. The Port Authority reports of 60 merchant ships currently located in the water area, 22 of them - in motion. Over the past day 13 ships have reached the entr...
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