Shipping News

US congressional auditors doubt 100pc screening possible by 2012Mar 15, 2011

A REPORT by the Government Accountability Office (GAO), the congressional audit and accounting office, doubts the Transportation Security Administration (TSA) can deliver 100 per cent air freight screening by the end-of-year deadline. "There is no technology approved or qualified by TSA to screen cargo once it is loaded onto a pallet or container - both o...

MOL chairman delivers keynote at Japan Securities Summit in NYMar 15, 2011

DEMAND for ocean liner services will grow steadily, according to MOL chairman Akimitsu Ashida, who was delivering the keynote speech at the Japan Securities Summit in New York, an event co-sponsored by the Japan Securities Dealers Association (JSDA) and the Securities Financial Markets Association (SIFMA). Chairman Ashida outlined MOL's strategies to max...

Hanjin, Cosco, UASC, CCNI offer Europe-South America loopMar 15, 2011

THE Hanjin Chennai docked earlier this month at the German port of Hamburg for the first time within the scope of a new North Europe to east coast of South America service, jointly operated by Hanjin Shipping, United Arab Shipping Co (UASC), Cosco and Compania Chilena de Navegacion Interoceanica (CCNI). The new ESE service deploys a total of six 2,500-TEU...

Obama-linked protest group targets CMA CGM-Iran linkMar 15, 2011

AN American-led protest group, United Against Nuclear Iran (UANI), linked to the Obama administration, is demanding French shipping giant CMA CGM to "cease business activities in Iran" as part of its campaign to prevent the Iran from possessing nuclear weapons. It is the second shipping company the group has targeted by the group whose founders and leader...

60pc of ships ignore best practice anti-pirate rulesMar 15, 2011

LESS than 40 per cent of ships traversing pirate-invested waters off Somalia adhere to best industry management practice (BMP) guidelines, according to secretary general of the UN's International Maritime Organisation (IMO) chief Efthimios Mitropoulos. Given the area to be covered ranging deep into the Indian Ocean, NAT0 estimates it would take 80 warshi...

Shipping stalls as Japan tackles post-tsunami debris clean-upMar 15, 2011

CONTAINER shipping to and from Japan after the devastating tsunami will be affected for some time by lack of exports coming from Japanese factories, prompting shipping lines to skip Japanese ports, according to an early assessment from the Copenhagen-based Baltic and International Maritime Council (BIMCO). In the short-term, said BIMCO, shipping demand w...

OOIL back in black with US$1.8 billion net profitMar 15, 2011

HONG KONG's Orient Overseas (International) Limited has posted a US$1.86 billion net profit in 2010 against a loss of $402.3 million in 2009, the company announced also declaring its container volumes had nearly returned to pre-downturn highs of 2008. Results include $1 billion profit from the sale of OODL, the group's former mainland property business,...

Ship carrying 100 people washed away by tsunamiMar 14, 2011

 A tsunami washed away a ship carrying about 100 people off the coast of north-eastern Japan after a magnitude-8.9 quake struck the region, news reports said. The ship was owned by a local shipbuilder near Sendai in Miyagi prefecture, local officials said. A 10-metre tsunami hit Sendai, located near the quake's epicentre, at 3:55 pm (0655 GMT), wa...

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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