Containerized imports at West Coast ports declined again in August, indicating that the 2008 peak-shipping season in the trans-Pacific will be not much of a peak at all. According to statistics published on the port Web sites, imports in Long Beach dropped 13.3 percent compared to August 2007. Imports increased 7.19 percent in Los Angeles, due primari...
Containership orders at world shipyards have fallen 49 per cent so far this year as charter rates slump, freight rates come under pressure and growth volumes shrink on major trade lanes. Clarkson, the London shipbroker, reports that the trend has affected all sizes with only 179 ships having been ordered in the first eight months of 2008, down a near ...
Cargotec’s business area MacGREGOR has won new RoRo equipment and hoistable car deck contracts for 16 PCTCs worth over €55 million, securing its position as the largest supplier of cargo access equipment for car carriers and deep sea RoRo vessels. MacGREGOR has secured orders to supply RoRo equipment and hoistable car decks for 16 pure car/truck carriers ...
Estonian shipping company Baltic Scandinavian Lines (BSL) that currently travels between Paldiski in Estonia and Kapellskär in Sweden is expending. Eesti Päevaleht writes that the company has now decided to open in two weeks a line between Härnösand in Sweden and Kaskinen in Finland. The new line will be served by ferry Gute that will be chartered fro...
NYK Logistics Group has launched Double Wing Express, a global NVOCC service - without the ships. Double Wing Express (DWE) dovetails NYK's the local experience and knowledge with the combined purchasing power of NYK Logistics businesses worldwide to provide customers with highly competitive, reliable and flexible ocean freight services from any ori...
MacGREGOR will supply 450-ton capacity cranes for four new ships being constructed for Singapore-based SE Shipping, the company said Friday. MacGREGOR, a business unit of Cargotec, will provide the cranes to the Wenzhou Zhongou shipyard in China, which is building four 25,000 dwt heavy-lift vessels for SE Shipping. The vessels are due for delivery in ...
U.S. sanctions imposed last week against an Iranian ocean carrier and its international subsidiaries may have had more bark than bite to them. But if France joins the U.S. Treasury Department in sanctioning the Islamic Republic of Iran Shipping Lines, it may have further reaching implications. France is pushing for more U.N. Security Council sanctions...
Neptune Orient Lines Chief Executive Officer Ron Widdows told a German newspaper that his company would definitely make a bid for German carrier Hapag-Lloyd by Friday, according to a Reuters report over the weekend. The German paper Welt am Sonntag reported Sunday that the NOL chief put the chances of Hapag-Lloyd parent company TUI selling the carri...
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