Shipping News

MSC to charter 8,540-TEU Bunga Seroja Lima from MISCApr 1, 2011

THE Mediterranean Shipping Company (MSC) is chartering the 8,540-TEU Bunga Seroja Lima for deployment on its Far East-west coast of South America Andes service, which would make her the largest containership operating in that part of South America. The Bunga Seroja Lima is the third of four same-sized vessels on long-term charters from Japanese owners who...

Biggest ship to dock in Vietnam first to call at Cai Mep terminalApr 1, 2011

THE 11,500-TEU CMA CGM Columba, the biggest ship to dock in Vietnam, became the first call at the newly opened Cai Mep International Terminal (CMIT), 30 miles from Ho Chi Minh City. CMIT is the first container terminal in Vietnam offering shipping lines direct access to the newly dredged 46-foot-deep Cai Mep Terminal channel. "CMA CGM is delighted to b...

Yangtze shipping continues to enjoy rapid steady growthApr 1, 2011

THE Yangtze River Shipping Administration Bureau predicts that the river trade is enjoying rapid steady growth this year as the domestic and international markets flourish once again, Xinhua reports. The bureau also predicts that as China's manufacturing industry are moving from coastal regions to the interior, there is going to be a lot more container ...

Hanjin takes delivery of second 9,954-TEU vessel in 5-ship seriesApr 1, 2011

HANJIN Shipping has taken delivery of the 9,954-TEU Hanjin Netherlands, the second vessel in a five-ship series that was built by Korea's Samsung Heavy Industries. The carrier placed the order with the shipyard in August 2006. The Hanjin Netherlands follows the Hanjin Korea delivered last June. She is expected to be deployed on the Asia-Europe loop 6 (NE...

Maersk to put the 13,092-TEU Erving to work on Asia-Europe routeApr 1, 2011

DENMARK's Maersk Line has taken delivery of the 13,092-TEU Maersk Erving, the second of five similar-sized container ships that the carrier chartered from UK-based Zodiac Maritime in February 2010. The ship was built by South Korea's Hyundai Samho Heavy Industries after an order for all five vessels was placed in August 2007, said Alphaliner. It repo...

Zim back in black with US$54 million net profit in 2010Apr 1, 2011

ISRAEL's Zim Integrated Shipping Services, the world's 17th largest carrier, has announced a turnaround in its results of 2010, indicating a US$54 million net profit against a $432 million loss in 2009 due to increased cargo volume and higher freight rates. The carrier increased its revenue to $3.7 billion in 2010 from $2.45 billion the previous year. A...

CSCL's profit increases 6.9pc to US$646 million in 2010Apr 1, 2011

HONG KONG listed China Shipping Container Lines (CSCL) has posted a year-on-year 6.9 per cent net profit increase to CNY4.2 billion (US$646 million) in 2010, drawn on revenues of CNY34.8 billion, an increase of 76.3 per cent. "In 2010, the global financial crisis receded, each of the major economies was gradually back on track to recovery and the containe...

Grand Alliance, Zim, HMM offer all-water ECUS string from May 12Apr 1, 2011

THE Grand Alliance joined by Zim and Hyundai Merchant Marine (HMM) are offering the transpacific all-water service called the South China East Coast Express 2 (SCE2) from May 12 between the Far East and the US east coast. The service is offered in conjunction with revisions to the existing South China East Coast Express (SCE), providing a more-comprehensi...

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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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