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Media
BREMEN's Eurogate recently introduced its new port facility, the Eurogate Container Terminal Wilhelmshaven, at a presentation to the shipping community in Hong Kong. Boasting its "accessibility", "availability" and "advancement", these "Triple-A" features lead the terminal to excelling other European ports and is even designed to handle the largest 18,00...
TAIWAN's Wan Hai Lines (WHL) and Evergreen Line, Japan's MOL and Singapore's Sea Consortium (SEACON) have announced a weekly joint Asia-East Africa service (AEF) starting April 24 from Singapore. Six vessels with capacity between 1,200-TEU and 1,350-TEU will be deployed. WHL will deploy two out of the six vessels on the 42-day voyage. Port rotation is ...
NIGERIAN customs officers have seized 37 containers holding mainly used tyres, clothing and furniture - items prohibited from import at Tincan Island Container Terminal (TICT) in Apapa. Three individuals as well as an unknown number of customs officers have been arrested in connection with the haul that also included an unspecified number of vehicles used...
DHL has announced its renewed focus on Africa to move goods within the fast-growing continent and facilitate trade within the region. The company said in a statement that it will focus on providing logistics services to the core sectors of oil and energy, industrial projects, life sciences and healthcare, aid and relief, as well as to the consumer segmen...
THE value of freight derivatives linked to the Shanghai Shipping Exchange index is being questioned by shippers and carriers who say it uses narrow and flimsy information which threaten rate stability. French shipping giant CMA CGM's vice president Nicholas Sartini said the freight rate derivative index launched by Shanghai Shipping Exchange in partnersh...
GERMAN travel giant TUI is in talks with investors for half of its 49.8 per cent stake in the world's fourth biggest container ocean carrier Hapag-Lloyd. Oman's state investment fund, Onyx Investment, is to take a 15 per cent of the German carrier according to a company spokesman. No price was given for the deal, according to Reuters. The second potenti...
APL, a unit of Singapore-based Neptune Orient Lines (NOL), has announced it will enhance its North Asia Philippines Express (NPX) feeder service by adding central China and Manila calls, plus two weekly calls to Manila from Kaohsiung. The carrier will run this service with three 1,100-TEU vessels. Port rotation for the revamped NPX will be: Ningbo, Shangh...
MOODY's Investors Service, after a long silence, has given a fresh credit assessment of troubled Marseilles carrier CMA CGM, assigning it a Ba3 "stable" rating while saying the company remained at risk. The new rating is the first since June 2009, when, at the carrier's request, Moody's withdrew all ratings for CMA CGM, reported Newark's Journal of Co...
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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