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Seaspan Corporation announced that it accepted delivery of the CSAV Lumaco from Jiangsu New Yangzi Shipbuilding Co., Ltd. on May 11, 2009. The 4250 TEU containership is Seaspan's fourth newbuilding in 2009 and expands the Company's fleet to 39 vessels. The CSAV Lumaco is chartered to Compania Sud Americana de Vapores (CSAV) under a six-year, fixed-...
APL said Thursday it will start a new weekly direct container shipping service linking Vietnam and the U.S. West Coast. Previously, Vietnam's exporters had to rely on small feeder vessels to connect with larger ships to gain access to overseas consumer markets, such as the United States. The first departure of the APL-operated servi...
Container traffic at the ports of Los Angeles and Long Beach continued to fall in April, continuing a year-and-a-half slide. At Los Angeles, total volume in April fell 12.1 percent to 532,124 TEUs against the same month in 2008, while loaded volume fell 11.7 percent to 420,023 TEUs. For the year through April, volume is down 16.1 per...
The American Soybean Association on Thursday said it supports the Obama administration's budget request for aquaculture research, which could subsequently increase demand for soybean meal in aquafeed. Soybeans play a key role in building a U.S. aquaculture industry to meet growing consumer demand for safe, healthy seafood, said ASA ...
Container Corp. of India Ltd. (CONCOR) and NYK Line (India), a wholly owned subsidiary of the Japanese carrier, have agreed to establish a joint venture that will transport automobile by rail. Each company will have a 50 percent stake in the new venture. A number of automobile manufacturers are scheduled to open or expa...
At least four Dutch shipping companies have taken out insurance packages that include a hefty discount if they use an armed escort to sail through the Gulf of Aden, Dutch newspaper Volkskrant reported Wednesday. The use of an armed escort boat through piracy-ridden region allows carriers to avoid the ban on Dutch ships carrying weapo...
Two shipping companies announced Thursday plans to offer direct shipping services from Vietnam to North America. Hours after APL announced plans to start a service in June, MOL said its Pacific Southwest Express (PSX) service would begin calling at the Tan Cang Cai Mep Terminal, located about 50 kilometers southeast of Ho Chi Minh Ci...
Last year, Maersk Line merged several of its business areas and set up a regional office for the whole of Northern Europe with the head office in Göteborg – now, the company has changed its mind and will move the head office for the region to Copenhagen. The present four regions will be scaled back to two. ”This is a part of our ongoing wo...
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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