Shipping News

Containerships starts a new weekly service between Riga, Klaipeda and ...Feb 11, 2009

Finnish-based short-sea carrier Containerships is launching a new weekly service linking Riga (Tuesdays) and Klaipeda (Wednesdays) with Aarhus (Thursdays) in Denmark. The 900 TEU vessel will operate this new service which will also call at Teesport (Fridays) and Rotterdam (Saturdays). The new service is in addition to the Aarhus, Gdansk, Sodertalje, St. P...

Russian research ship sets off to probe 2007 Black Sea oil spillFeb 11, 2009

A Russian research vessel departs Russia's Baltic Sea exclave of Kaliningrad on Tuesday for the Black Sea to probe into the long-term consequences of the 2007 oil spill in the Kerch Strait, RIA Novosti reports. During a storm on November 11, 2007, four ships sank and six ran aground in the channel between Russia and Ukraine that links the Black and Az...

Maersk sees Cape route a permanent unless Suez tolls cutFeb 11, 2009

Maersk Line is reportedly planning to divert addition Asia-Europe cargo around the Cape of Good Hope unless Suez Canal transit tolls are reduced. While no reaction has come from the Suez Canal Authority, Maersk representatives, including AP Moller-Maersk CEO Nils Andersen and Maersk Line CEO Eivind Kolding, have met Suez Canal Authority officials...

Piracy up 300pc in 2008, reports International Maritime BureauFeb 11, 2009

xAN annual piracy report from the International Maritime Bureau's (IMB) Piracy Reporting Centre saw its 2008 figures at highest since it began reporting in 1991 and tripled in the Gulf of Aden compared to 2007. Globally there was an 11 per cent increase in piracy compared to year previous with 293 incidents of piracy against ships last year. The numbe...

Idled ships used for empty box storage Feb 11, 2009

It appears liner carriers are trying to make use of all the containerships idled by poor global demand by using them as floating container storage yards.    “Over the course of the last two months, several large units sitting at Far East anchorages were spotted with deck-loads of empty boxes,” maritime news service AXS-Alphaliner reported Monday....

NOL reports 4Q loss, expects same in 2009 Feb 11, 2009

     Neptune Orient Lines, parent company of container carrier APL, said it had a fourth quarter loss of $149 million compared to net profit of $196 million in the same 2007 period.    Revenue in the quarter was $2.29 billion, 6 percent less than the $2.42 billion in the same 2007 period.    NOL said the loss reflects severe deterioration...

TSA lines withdraw capacity discussion amendment Feb 11, 2009

   A discussion agreement representing 14 transpacific container shipping lines said Tuesday it will not pursue an amendment to its agreement on file at the Federal Maritime Administration that would have allowed them to discuss controlling capacity in the Asia-U.S. trade.    The Transpacific Stabilization Agreement filed the amendment to its agr...

Chinese shipbuilders lobby BeijingFeb 10, 2009

With new orders for China's shipbuilding industry estimated to be halved in 2009, experts are calling for the Chinese government to quickly pass the shipbuilding industry stimulus plan. China Association of National Shipbuilding Industry (CANSI) estimates the country's new shipbuilding orders in 2009 may decline to 20 million to 30 million deadwe...

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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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