Shipping News

Liberian ship master pleads guilty to criminal marine species pollutio...Jul 22, 2009

CAPT Panagiotis Lekkas, master of the bulk carrier Theotokos, pleaded guilty in federal court in New Orleans to felonies under the US Act to Prevent Pollution from Ships and the Ports and Waterways Safety Act relating to marine invasive species in discharged water. Also pleading guilty was Chief Officer Charles Posas for two felony counts of lying to the ...

Customs brokers, forwarders blast US harbour tax hike bill Jul 22, 2009

A US bill to raise the Harbour Maintenance Tax (HMT) to help pay for transportation infrastructure has been slammed by the National Customs Brokers and Forwarders Association of America (NCBFAA). "Higher value products would bear a disproportionate brunt of the increased tax," NCBFAA president Mary Jo Muoio told Oregon Democratic Congressman Peter DeFazio...

Talks stall as TUI demands equity for its Hapag bailout money Jul 22, 2009

TROUBLED German container carrier Hapag Lloyd is not receiving its promised US$450 million in aid from former owner TUI AG until the travel industry giant gets more equity than the 43 per cent it holds, reports Newark's Journal of Commerce. Major shareholders recently agreed to splitting a US$1 billion aid package, but its second biggest shareholder, TUI...

CMA CGM 'confirms' peak season surcharge from August 1 Jul 22, 2009

MARSEILLES' CMA CGM, the world's third largest container shipping line, said it was "confirming" its earlier intention to levy a peak season surcharge of US$150 per TEU on the Asia-Europe trade from August 1. This comes on top of a $300 per TEU increase in the freight rate imposed June 1, which was levied with a warning of a peak season surcharge cou...

Maximum 10 months jail for Cosco Busan pilot in Bay Area spill Jul 22, 2009

US District Judge Susan Illston sentenced Capt John Cota, the pilot aboard the 5,555-TEU Cosco Busan for hitting the Bay Bridge in the San Francisco fog November 7, 2007, a maximum 10 months in jail, making him the first ship's pilot in America to be imprisoned for an accident. Cota accepted responsibility in March to misdemeanour charges of polluting wa...

Yang Ming hikes Asia-US rate US$400/TEU, $500/FEU on August 10 Jul 22, 2009

TAIWAN's Yang Ming Line will implement a general rate increase of US$400 per TEU, $500 per FEU, $563 per 40-foot high cube and $663 per 45-footer on Asia to United States from August 10. "The 2009-10 contracts were negotiated in the midst of a severely depressed economy and under tremendous competitive pressure," said the company, adding that the increas...

Mainland confirms carriers for scheduled cross-strait flights Jul 21, 2009

THE General Administration of Civil Aviation of China has confirmed the list of carriers approved to operate scheduled mainland-Taiwan flight service and the relevant arrangements, Xinhua reports. On the cargo side, Air China Cargo is also approved to operate routes from Shanghai and Guangzhou to Taipei's Taoyuan Airport. Its Shanghai-Taipei service offe...

MSC to keep same capacity with scrappings matching deliveries Jul 21, 2009

GENEVA's Mediterranean Shipping Company will scrap older vessels and return chartered ships to keep capacity down as newbuildings arrive, totalling 170,000 TEU, during the downturn in shipping demand, MSC chairman Gianluigi Aponte told London's Financial Times. "The capacity will remain the same, but we will have fewer ships," said Mr Aponte. "We will g...

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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

  • Business Type:trans/forwarder
  • Country:China