Shipping News

APL to start new transpacific service, the TP5 Aug 20, 2009

APL, the container shipping division of Singaporean shipping group NOL, is preparing to commence a new transpacific service at the end of August, called the TP5 that will connect China to California. The TP5 service will deploy five containerships, ranging in size from 3,300 to 4,700 TEU, according to the Paris-based Alphaliner newsletter. The TP5 will ...

Mystery clouds Arctic Sea recovery off West Africa Aug 20, 2009

EIGHT pirates have been arrested by the Russian navy for involvement in the hijacking of the timber carrier Arctic Sea, reports The Associated Press. Why pirates took the ship, its size now given at 4,700 deadweight tons, and its cargo of timber off Gotland Island in Sweden, remains a mystery. The Russian navy, which intercepted the vessel of the coast of...

Asia-to-Hamburg boxes fall 25pc, but India-Hamburg only down 5pcAug 20, 2009

THE Port of Hamburg handled 54.2 million metric tons of cargo in the first half of the year, a drop of 23.7 per cent year on year. Hit by a 25.1 per cent year-on-year decline, Asian containers still accounted for 2.1 million TEU of the Germany's largest container port's first half throughput of 3.6 million TEU. Bucking the trend India and Pakistan con...

UASC reshuffles Asia Europe with rate hikes, surcharges Aug 20, 2009

DUBAI's United Arab Shipping Company (UASC) will resume and add to its existing network beginning with its Asia to Europe Service, the AEC2 which stopped at Christmas last year and merged with its AEC1 loop due to weakening demand. In doing so, rates will increase US$150 per TEU and US$300 per FEU on shipments from Asia to Red Sea ports from September 1....

Cosco hikes rates, levies re-positioning and peak season charges Aug 20, 2009

COSCO Container Lines has announced a general rate increase, a peak season surcharge and a container repositioning charge for cargo moving between the Far East, the Indian subcontinent and North America. The peak season surcharge applies to cargo bound for Canada and will be set at US$320 per TEU, $400 per FEU, $450 per 40-foot high cube and $506 per 45-f...

CMA CGM, Maruba and Hapag-Lloyd combine South America services Aug 20, 2009

CMA CGM, Maruba and Hapag-Lloyd are collaborating in a regular weekly service between Northern Europe and the east coast of South America. On 11 August 2009, the CMA CGM VIOLET became the first ship of the new joint service to visit the Port of Hamburg. Built in 2006 at South Korea’s Hyundai Mipo dockyard, the container ship of the French shipping...

Scrapping hits new high as 4,000-TEU ships go to the breakers Aug 19, 2009

MORE and bigger vessels head for scrap yards as idle global tonnage grows to record highs of 1.34 million TEU, or 10.4 per cent of the world's cellular capacity, according to data compiled by Alphaliner. The Paris-based consultancy that tracks tonnage removed from service reports that bigger ships in the 4,000-TEU class are going to scrap yards as larger...

Nine missing seafarers in Malacca Strait collisionAug 19, 2009

Nine seafarers are missing after a Taiwanese-owned tanker caught fire on Tuesday night after colliding with a Greek-owned bulk carrier in the Malacca Strait. The 2005-built, 70,426 dwt product tanker Formosaproduct Brick, collided with the 1998-built, 73,207 dwt panamax bulker Ostende Max at 2130 hrs, local time, on August 18, 20 miles off Port Dickson, M...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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