Shipping News

Hamburg Süd establishes own agencies in Italy and EgyptDec 16, 2008

Hamburg Süd will strengthen its presence in the Mediterranean with the establishment of its own agencies in Southern Italy and Egypt in January. Headquartered in Salerno, the Hamburg Süd Agency South Italy (HSASI) is a joint venture between Hamburg Süd and the Gallozzi Group. When HSASI begins operations on January 1st, the former Costa Conta...

NOL restructures Asian operationsDec 16, 2008

Singapore-based shipping and logistics group Neptune Orient Lines (NOL), parent company of container shipping line APL, has announced a change to the organisation of its Asian operations. It said from January 1, 2009, the group's Asia-wide container shipping business would be co-ordinated through two rather than the current three regions. "De...

TBS enters the heavy lift business Dec 16, 2008

  Breakbulk and drybulk shipping specialist TBS International said it has taken delivery of its first heavy-lift tweendecker.    The company acquired Zia Belle, previously known as the CEC Cardigan, a 1997 built, 8,734-deadweight-ton heavy-lift multipurpose tweendecker with two 150-ton cranes, combinable up to 300 tons.    The company agreed to ac...

MSC cuts Asia/Europe weekly capacity Dec 16, 2008

 MSC said late last week it is withdrawing 2,000 TEUs of weekly capacity between Asia and the Europe-Mediterranean by suspending its Tiger service and reshuffling four other services.    The ocean carrier said the changes were made on a response to the deteriorating trading environment. The changes to the port rotation of these services will allo...

Indian Navy nabs pirates as EU force arrives Dec 16, 2008

       The International Chamber of Commerce and the International Marine Bureau provide an interactive map showing all the piracy and armed robbery incidents reported to the IMB Piracy Reporting Center during 2008. The live version of the map is available here .   Ongoing AmericanShipper.com Gulf of Aden coverage •   Indian Navy nabs...

Maersk plans to trim capital spending Dec 16, 2008

 A.P. Moller - Maersk will rein in spending due to the global economic slowdown and credit crunch.    In a letter to employees in the company's in-house magazine, Maersk Post, Chief Executive Officer Nils S. Andersen said the company must adapt to the lack of capital. So, we have decided that we will run our business the next couple of years in a...

Shipping Industry Awaits Mainland-Taiwan Direct Transport Dec 16, 2008

Chinese mainland's shipping industry awaited the upcoming direct transport across the Taiwan Straits in excitement and high expectation that the move would further boost trade and economic integration between the two sides. The mainland and Taiwan would reciprocally allow civilian planes and ships to directly cross the Straits from Monday, ending a sit...

COSCO Pacific to add investment in Suez Canal terminalDec 15, 2008

COSCO Pacific Ltd, operator of the shipping conglomerate COSCO Group's terminal portfolio, announced on Friday it will further inject RMB 75.08 million into the second phase of the Suez Canal Container Terminal, mainly fueled by higher costs of construction materials, sources reported. According to the report, the investment would total US$185 mi...

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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

  • Business Type:trans/forwarder
  • Country:China