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The World Shipping Council has appointed two new board members to fill the seats of two directors who are retiring. Y.M. Kim, chief operating officer of Hanjin, will replace J.W. Park, also of Hanjin. Joachim Konrad, a member of Hamburg Süd’s executive board, will complete the term of Klaus Meves, also of Hamburg Süd. Other members of t...
TAIWAN's Evergreen Marine plans to order 100 containerships for US$5.5 billion to replace its 30-year-old ships in the belief of global economic recovery in 2012, reports Taipei's Economic Daily News. The owner of the world's fourth biggest container shipping company, Chang Jung-fa, was cited as saying he expects the global slump to end in the second ...
THE world's containership fleet recently reached 13 million TEU, a figure that includes laid up ships, for a total volume of 176 million deadweight tons, according to AXS Alphaliner records. But the Paris-based consultancy also expects that the international box fleet will expand to 14 million TEU in August 2009. Alphaliner figures include all typ...
POLISH container terminal operator DCT Gdansk has announced that the facility handled more than 100,000 TEU in 2008, a milestone achieved partly because of Maersk's use of the terminal. Maersk Line has brought not just an increase in vessel calls but also more road vehicle movements through the gate and increased rail traffic at the terminal's dedicat...
Taiwan-based ocean carrier Yang Ming christened two new vessels on Tuesday in Kaohsiung. The 8,200-TEU YM Utility and 4,250-TEU YM Efficiency were unveiled. The YM Efficiency will immediately go into service on Yang Ming's PN3 service between Asia and the U.S. West Coast, which links Shanghai, Ningbo and Busan with Tacoma and Vancouver. No det...
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...
THE European Liner Affairs Association (ELAA) has marked the start of the New Year with a new chairman Eivind Kolding, partner and CEO of the container business of the AP Moller Maersk group and vice-chairman of Danske Bank. Mr Kolding will hold this ELAA position for 2009, a role he has taken over from former Hapag Lloyd chairman Ulrich Kranich. ...
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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