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Media
Nippon Yusen Kaisha (NYK) Line has announced the appointment of Mr Yasumi Kudo, its current Executive Vice-President, as its new President with effect from April this year, Exim News Service informed. An economics major, Mr Kudo joined NYK Line immediately after graduation in 1975 and has had a distinguished career with the company. He gradually moved...
OOCL (France) SA has been accredited as an Authorised Economic Operator (AEO), effective January 1st. The AEO certificate is an internationally recognised quality mark confirming that OOCL (France) can be considered a secure trader and a reliable trading partner, eyefortransport reports. Customs audits indicate that the role of OOCL (France) in t...
Capacity on the major east-west container routes has dropped 11.5 percent in five months, from 916,000 TEUs on Aug. 1 to 812,000 TEUs on Jan. 1, information service AXS-Alphaliner said. Capacity on the routes between Far East and European/Mediterranean has fallen 16 percent to 351,00 TEUs per week, with 30,000 TEUs in weekly capacity removed i...
Koji Miyahara, president of NYK Line, said in a New Year’s address that “rock bottom” likely won’t hit until 2010, and that the Japanese carrier is preparing for hard times. “The financial crisis that began in United States has been expanding into a world economic crisis, and the dominant view now is that the economies of advanced countries li...
Japanese carrier MOL has renewed and expanded its agreement with GT Nexus to provide e-commerce services, the Oakland, Calif.-based company said Wednesday. MOL has for eight years used GT Nexus’ portal, which provides a range of on-demand supply chain automation services. MOL said in a statement it uses GT Nexus because it recognizes so...
The Canada Transpacific Stabilization Agreement’s 11 member shipping lines on Wednesday dropped bunker surcharges 10.9 percent beginning Feb. 1. The new fuel recovery charges will be: • $292 per TEU. • $365 per FEU. • $411 per 40-foot, high-cube container. • $462 per 45-foot container. • $8 weight/measure adj...
A.P. Moller - Maersk said a reorganization will reduce the size of its Copenhagen headquarters staff from about 830 to about 730. The company said the head office would be reorganized into two distinct units -- a corporate center and service functions. The corporate center, with about 250 employees, will focus on group governance activi...
COSCO's (Cosco Shipping Co Ltd) 20,000-tonnes Tai' An Kou vessel has completed locating an oil drilling platform (a topside module) in Malaysian Bunga Orkid Field by dynamic positioning system after 13 hours' operations. The module used for Northern Fields Developments Project Bunga Orkid (BOA) is made by Malaysia's Sime Darby Engineering Sdn Bhd (SDE...
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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