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GERMANY's Hapag-Lloyd container line has announced a general rate increase of US$250 per TEU on the Asia-to-Europe cargo as well as a range of hikes applying to the intra-Americas trades. The Asia-Europe charge applies to dry and reefer boxes from Asia, except Japan, Indian subcontinent and the Mideast, and includes all points in north and south Europe, ...
GENEVA's Mediterranean Shipping Company has announced rate increases to take effect at various times through September and October for US cargo on Pacific and Atlantic routes. Increases range from US$500 per FEU westbound from the EU to the US to $120 per TEU on goods from the US to Asia. They also include an additional $500 per FEU for EU-US bound boxes...
Maersk Line announced rate increases on services to and from West Africa. The trading conditions for the carriers operating in these markets are still subject to unacceptable rate levels and the situation is unsustainable in the longer term. The rate increases are necessary to continue to operate its services with the high level of reliability Maersk custo...
As part of the reorganisation of Höegh Autoliners earlier this year into a decentralised organisational structure, it was decided to locate the Regional Office for South Asia, Oceania, Middle East and Africa here, Exim News Service reported. On August 1, the regional office here took over the operations of vessels in the region. With a region as vast ...
The battle for control of Great Offshore is hotting up with ABG Shipyard hiking the offer price again to Rs 520 a share after making a series of bulk and block purchases at Rs 450 recently, according to Exim News Service. ABG Shipyard said on August 4 that it bought 1.5 lakh shares (0.4 per cent) in Great Offshore at a maximum price of Rs 519.94 a share t...
Maersk Line announced rate increases on its services between Asia and Latin America. - USD 300/600 per 20'/40' container between Asia and Mexico and the West Coast of Central America. Effective 15 August - USD 200/400 per 20'/40' container between Asia and Panama. Effective 15 August - USD 350/700 per 20'/40' container between Asia and the West ...
South Korean yard Sungdong Shipbuilding & Marine Engineering is postponing the construction of a VLCC dock, measuring 545 meters in length and 126 meters in breadth, which was meant to be up and running by the end of 2010. The four skidways the company currently operates are unable to accommodate VLCC construction so there is some questioning as to what...
In London, the Brent Crude contract up $0.73 on July 30 to $74.28 per barrel on the ICE Futures exchange. Light Sweet Crude down $0.16 to $71.42 on the New York Mercantile Exchange, RBC reports. (Source: Port News)
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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