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...
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...
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...
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...
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...
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...
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,...
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...
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