CANADA's two big railways, the Canadian National (CN) and the Canadian Pacific (CP) blasted the final report of the federal Rail Freight Service Review (RFSR) panel and warned that the government's proposal to table legislation based on the document would stifle supply chain innovation and Canada's competitiveness globally. "CN disagrees with the focu...
GRAND ALLIANCE members, Hapag-Lloyd, NYK and Hong Kong's OOCL have announced that there will be a direct Vietnam call at Cai Mep deepwater port on Loop D (LPD) of the Asia-Europe service from March 30. The direct Vietnam coverage on LPD will provide a competitive 21-day transit time from Cai Mep to Southampton, and will offer an additional link to furth...
ASIAN shipowners are up in arms over what they describe as being a "lack of government action" to tackle the escalation in piracy attacks on their ships off the coast of Somali, in the Indian Ocean and Gulf of Aden. As a last resort, they would support the deployment of armed guards on board vessels to protect the crew and ship. Representatives of Asian ...
CHILE's Compania Suramericana de Vapores (CSAV) has shelved its two Far East-US East Coast (AMEX) services that were losing money because of "unfavourable market conditions," including lower freight rates and higher bunker fuel prices. The carrier operated the AMEX 1 loop itself, while it would have offered the second loop, AMEX 2, by purchasing containe...
FRENCH container shipping line CMA CGM is selling two 13,830-TEU vessels last year for a sum of US$171 million each to Ship Finance International Limited (SFIL) in what appears to be a re-financing deal. The ships come with 15-year time charters for CMA CGM to continue operating the ships, and include purchase options for the carrier during the charter p...
Deputy Prime Minister Hoang Trung Hai has ordered government agencies to stop foreign shipping lines from collecting “unreasonable surcharges” on imported goods, Thanh Nien reports. News website VnExpress reported Sunday that the Ministry of Transport has been asked to lead a task force that will inspect shipping lines which imposed irrational f...
LAMBERT-ST LOUIS International Airport hopes to atone for snubbing FedEx 25 years ago by gaining a prominent cargo carrier in China Cargo Airlines, a new player to the market. The Missouri airport needs to build cargo volume to increase revenue which despite a US$1 billion expansion four years ago, flights has halved in the last decade. "Cargo drives d...
GERMANY's Hamburg Sud and Chile's Compania Chilena de Navegacion Interoceanica (CCNI) have expanded their joint transatlantic Panama-North America west coast service from north Europe. The WAMS service has been linking the North American west coast and the Central American west coast, including Mexico, with Cartagena in Colombia since the beginning of 2...
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