Media
Media
Verein Hamburger Spediteure (VHSp – Hamburg Freight Forwarders Association), Verein Bremer Spediteure (VBSp – Bremen Freight Forwarders Association), representing Komitee Deutscher Seehafenspediteure (KDS – Committee of German Seaport Freight Forwarders), and Hapag-Lloyd agreed last Friday that the forwarding commission, which was to be ab...
SHIP collision risks remain "potentially greater" when a ship is laid up because the average size of vessel makes it larger and more vulnerable, says industry underwriter UK P&I Club. The club also expressed concern that "the terms of contractual compensation for seamen is now potentially onerous and whether a ship is in lay...
REEDERERI Claus-Peter Offen GmbH, one of Germany's biggest shipowners, plans to lay up 10 containerships averaging 2,500 TEU each, reports Bloomberg. The company has already mothballed three 2,500-TEU ships as it was unable to find new employment for the vessels following the end of charters, the report said. Source: Schednet ...
SOUTH KOREA's government is considering debt rescheduling for the shipping industry as the global economic slowdown dampens demand for world trade, in an emergency meeting attended by President Lee Myung-bak. This comes as the nation's top four shipping firms, Hyundai Merchant Marine, Hanjin Shipping, STX Pan Ocean Shipping and Korea Line Corporation, h...
TWO Taipei dock areas will be ready for container operations by March, after which docks will be built every year until 2014 when seven will be completed at a cost of NT$20.3 billion (US$601.48 million). This year's volume is expected to hit 750,000-TEU, falling short of the facility's 1.1 million TEU capacity, port operator president Herman Chen told t...
ASIA EXPRESS consortium carriers MSC, Hamburg Sud and CCNI have announced an immediate capacity cut between Asia and Mexico and the west coast of South America because of deteriorating market conditions. This rationalisation will be achieved by combining the current MSC service with sling 2 of the Asia Express, said a joint statement. Sling 1 w...
GRAND ALLIANCE members Hapag-Lloyd, MISC Berhad, NYK and OOCL have announced they will re-route all eastbound EU3 service vessels around the Cape of Good Hope instead of the Suez Canal. This is the latest move against canal fees, which appear to take little account of the precipitous drop in freight rates. Maersk and CMA CGM have already taken steps towar...
MARSEILLES' CMA CGM said it will impose a freight rate increase on services from Asia to Europe, from India and Pakistan to Europe and from Asia to South America from April 1, adding that more details would be available on March 1. "The present rates and the trend on the main Far East to Europe trades have been deteriorating to a level which is ...
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
qq.com