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Cathay Pacific Airways Ltd , Hong Kong's biggest carrier, said its passenger throughput, including its unit Dragonair, fell 2.2% to 1.98 million in November as a result of budget control of business travels caused by the global financial crisis. Passenger load factor for the month also fell to 75.7%, representing a year-on-year decrease of 4.7%. ...
Mitsui OSK Lines, Ltd has announced that WS Badcock Corporation, one of the largest home furniture retailers in the US, has selected Hong Kong-based MOL Consolidation Service Limited (MCS) as its buyer’s consolidator in Asia, including China, Vietnam, and Malaysia. MCS started the service earlier in December. WS Badcock selected MCS because o...
Rival liner coalitions The New World Alliance (TNWA) and the Grand Alliance (GA) are to combine forces to operate a revised Asia-West Mediterranean service beginning 23 December 2008. This latest co-operation comes on the heels of a similar agreement in November between the two groups for their Asia-US East Coast service, due to significantly lower demand...
A containership owned and operated by Evergreen Marine Corp. is ready to depart for China's northern port city of Tianjin on Monday morning when direct cross-strait shipping links are launched, the Taiwan Times reports. The 1,158-TEU ship, when it departs at 10 a.m., will be the first Taiwanese commercial ship to sail directly from Kaohsi...
The New World Alliance's three members -- APL, Hyundai Merchant Marine and MOL -- will join Grand Alliance carriers Hapag-Lloyd, MISC, NYK Line and OOCL on a revised Asia-West Mediterranean service. The two alliances said Friday their joint service run an eight-vessel string using roughly 6,000-TEU ships, with Grand Alliance carriers providin...
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 • U.S. prepares U.N. an...
The United Nations General Assembly Thursday adopted the U.N. Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea, and confirmed they will be referred to as the Rotterdam Rules. The assembly commended the U.N. Commission on International Trade Law (UNCITRAL) on successfully developing the rules and sai...
Precious Shipping Pcl., Thailand’s second-largest sea-cargo company, plans to replace its 25 oldest vessels after ship prices fell by more than half amid slumping demand for iron-ore and coal shipments. “This is the opportunity of a lifetime,” chief executive officer Khalid Hashim said in a Bloomberg TV interview in Bangkok. Ships can be bought “at v...
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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