Media
Media
Asian Terminal Inc (ATI), the second-largest terminal operator in the Philippines, has confirmed that it will spend US$14.9 million to further develop its Manila South Harbour holdings, Thai News Service reported. ATI said the improvements would include acquisition of modern cargo-moving equipment and expansion of more than one hectare of its Manila Sout...
The Canadian Gateway North Atlantic trade Route 3 service has been temporarily suspended. Due to economic developments, members of the St. Lawrence Co-ordinated Services (SLCS) have advised that the Route 3 service from Montreal to Europe (Hapag-Lloyd's SLCS3 service and OOCL's GEX3 service) will be temporarily suspended, effective immediately. The SLCS ...
Mediterranean Shipping Co. said it will seek rate increases on its trans-Atlantic trade, effective April 1. It said it will file a general rate increase of $160 per 20-foot container and $200 per 40-foot container on all cargo moving from Europe to the U.S., effective April 1. The carrier will also file a GRI of $200 per TEU and $250 per FEU on all freigh...
The handling capacity of major ports in India is expected to touch 1,500 million tonnes by the end of the 11th five-year plan and the required capacity will be achieved during the plan period itself, the Hindu Business Line reported. Union Shipping Minister, TR Baalu pointed out that the total handling capacity of major ports in 2007-08 was 519 million t...
Samudera Shipping Line has reported a net profit of US$26.8 million for the financial year ended December 31, 2008. This represents a 29.1 percent growth over the $20.7 million achieved in the previous year. On the back of an increase in container volume handled and selling price in its container shipping business, revenue rose 17.5 percent to $443.3 mil...
Maersk Tankers is restructuring recently acquired Broström to become the manager of all tankers from both companies under 25,000 dwt. These ships will trade under the Broström name, commercially managed from Gothenburg, Sweden. Maersk says: “The purpose is to ensure that Broström will continue as a strong brand and further build on th...
The Canadian Gateway North Atlantic trade Route 3 service has been temporarily suspended. Due to economic developments, members of the St. Lawrence Co-ordinated Services (SLCS) have advised that the Route 3 service from Montreal to Europe (Hapag-Lloyd's SLCS3 service and OOCL's GEX3 service) will be temporarily suspended, effective immediately. The SLC...
Maersk Line announced it has decided to end its SAWA service linking West Africa and the East Coast of South America. Instead, the Danish carrier plans to cover the trade moving to and from West Africa via Algeciras, Spain, for onward connections on its existing West Africa service network. Relay options will be offered on a weekly basis, and the first ...
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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