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The U.S. Maritime Administration on Wednesday received the title to eight fast sealift ships, officially completing the transfer of the ships to the Ready Reserve Force. The eight ships -- Algol, Altair, Antares, Bellatrix, Capella, Denebola, Pollux and Regulus -- were once part of the Navy's Military Sealift Command. Fast sealift ships are the fa...
The U.S. Maritime Administration on Oct. 2 has issued a request for applications for one eligible vessel to fill a slot in the Maritime Security Program. MSP, which is part of the 2003 Maritime Security Act, provides the government immediate access to 60 modern U.S.-flag commercial container, roll-on/roll-off, and heavy-lift vessels in times of war and nat...
Evergreen will join the two Asia Australia Services (AAS) operated by four steamship lines -- APL, Hamburg Sud, Hapag-Lloyd and Hyundai Merchant Marine. Hamburg Sud said in a statement, Significant cost increases and very poor freight rates both south and northbound have made this step necessary. The carriers will offer two fixed-day weekly loo...
U.S. Coast Guard Commandant Thad Allen told a group of industry representatives Tuesday that the agency expects to increase its activities within the U.S. territory of the Arctic region. In recent years, the ice that once choked the Arctic waters is starting to recede due to what scientists believe is manmade global warming. Many government and indus...
The crisis roiling Wall Street is likely to affect the shipping industry by both reducing the amount of cargo they need to carry and by squeezing credit at a time when many ship owners are planning huge outlays for fleet expansions. The international situation is far worse in a quick period of time than even I thought it would get, said Paul Slater, c...
OceanSchedules.com said Evergreen Line and Costa Container Lines have begun listing their sailing schedules on its free Web site. An affiliate of the shipping portal INTTRA, OceanSchedules.com now has schedules for 26 carriers: Alianca, ANL Container Line, CMA CGM, Costa Container Lines, Crowley Liner Services, CSAV, CSAV Norasia, DAL, Emirates Shippi...
Wan Hai Lines and Pacific International Lines, together with K Line, have agreed to merge two services, the China Middle East and China Straits Gulf, into a new service from North China to the Middle East. The new service will begin from early November with weekly sailings, using six 4,250-TEU vessels. Wan Hai will provide three vessels, PIL two vesse...
Stolt-Nielsen S.A. reported improved profits and revenues for the third quarter ended Aug. 31. The company, whose operations involve parcel tankers, tank containers, tank terminals and even aquaculture, had profit attributable to shareholders of $42.3 million, up about 3 percent from the $40.9 million earned in the same 2007 period. Revenue was $5...
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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