Wilhelmsen Ships Service has appointed a new General Manager for Canada. Brian Philip joins the leading worldwide ships service network today. He will drive what is expected to be significant growth in Canada by developing and strengthening the company’s ability to deliver a full range of Wilhelmsen Ships Service’s offers. Brian brings with hi...
Hanjin Shipping announced the opening of its dedicated terminal in Cai Mep, Vietnam as of March 16th, 2011. Joint-ventured by Hanjin Shipping, Saigon New Port, Mitsui O.S.K Line and Wanhai Lines, Tan Cang Cai Mep International Terminal (TCIT) had been developed over the past two years since 2009. This terminal sits on an approximately 346,000m2 of land...
COSCO Shipping has signed contract of affreightment (COA) with Beijing Cosco International Freight Co Ltd (Cosfreight) on the export of locomotives to Iran. CEO of Cosco Shipping Guojing, deputy general manager of Cosfreight Xu Pengwei attended as witness at the contract signing ceremony. Cosco general manager Wu Liangming and Beijing Coscofreight's g...
ISRAELI naval forces have seized a Liberian-flagged cargo ship Victoria, chartered by CMA-CGM and operated by Peter Doehle Schiffahrts KG of Hamburg, suspecting it of carrying illegal weapons bound for Gaza, according to New York's Marine Log. According to Israeli website Debkafile, the weapons were first delivered by two Iranian warships that passed thr...
MEMBER lines of the Asia Australia Discussion are increasing the bunker surcharges on shipments from Japan, Korea, mainland China, Hong Kong and Taiwan to ports in Australia to US$575 per TEU and US$1,150 per FEU for dry and refrigerated containers April 16. This, said the AADA statement, reflects "recent increases in the price of oil at Hong Kong and So...
FIGURES from the Hong Kong Marine Department show the port handled 1.5 million TEU in February, a decrease of 2.4 per cent over the 1.53 million TEU in February of last year. Singapore's Maritime and Port Authority reported a 1.7 per cent decrease in container movement in February, having handled 2.1 million TEU compared to 2.2 million TEU in February o...
Container lines of the Transpacific Stabilisation Agreement (TSA) expect cargo demand to continue to improve in 2011 as the US economy recovers, roughly in line with new vessel capacity entering the Asia-US trade lane over that period, reported Manila Bulletin. With a traditional third quarter peak season now considered likely, TSA says that additional sh...
China has ordered 50 to 100 new container, tanker and dry-bulk ships under a deal financed by a private-equity consortium led by Carlyle Group. Valued at between US$5 billion and $10 billion, it is the biggest private-sector shipping deal to date, analysts said. The new joint venture, which will lease the vessels to China, foreshadows a shipbuilding bo...
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