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French and Chinese container shipping companies CMA CGM and CSCL are expected to launch their new joint VLCS loop, the FAL 4/AEX 8 in July. The new service will call at Shanghai, Xiamen, Yantian, Nansha and Port Kelang and will then head directly to Zeebrugge, Hamburg and Rotterdam, from where it will return to Shanghai. The low number of calls is co...
Henderson/Hamburg 27 June 2008 - Australian fast-vessel builder Austal Ships Pty Ltd. has prolonged its long-standing technical and commercial partnership with classification society Germanischer Lloyd. Austal shipyard entrusts GL exclusively with the newbuilding classification of all projects until May 2010. Several vessels to be built by Austal shipyard...
Reider Shipping said the Amiya Scan has been released by pirates in Somalia, ending a month-long hostage drama. The master and crew on board the Amiya Scan, held off the coast of Somalia by hijackers since May 25, have assumed command of the vessel and is under way in the direction of Suez. Release of the vessel was achieved late evening on June 24, h...
APL transported 201,700 40-foot containers (FEUs) in the four weeks ended May 30, up 13 percent from the year earlier period, Singapore-based parent Neptune Orient Lines reported. The container line's average revenue per FEU during the period increased 15 percent to $3,023 per FEU, up from $2,618 per FEU. For the year, APL's volume is up 14 percen...
Member lines in the Far Eastern Freight Conference in May achieved 11.4 percent year on year container growth in the westbound Asia to Europe/Mediterranean trade. The FEFC said today its members westbound box volume for May was 865,339 TEUs, up from 777,146 TEUs in the same month last year. Broken down by region, the monthly Far East-to-North Euro...
A divided U.S. Supreme Court on Wednesday reduced punitive damages that had been leveled against Exxon Shipping Co. as a result of the 1989 Exxon Valdez oil spill -- from $2.5 billion to about $500 million. Originally a jury had awarded $5 billion in punitive damages, but it had been cut in half in an earlier Ninth Circuit Court of Appeals decision. ...
Taiwanese ocean carrier Yang Ming today received and named its second 8,200-TEU containership built by CSBC Corp. Taiwan. Yang Ming will deploy the YM Utopia on the Asia Europe Loop 3 (AE3) service part of the CKYH Alliance network. The AE3 has a rotation of Xingang, Qingdao, Shanghai, Ningbo, Shekou, Singapore, Jeddah, Port Said, Hamburg, Rotterdam, ...
More than 12,000 bottles of wine from award-winning vineyards in the South of France will arrive in Dublin Port in Ireland on July 25 aboard the 108-year-old schooner Kathleen & May. The arrival of the vessel, built in 1900 at Ferguson and Baird's yard at Connah's Quay near Chester in the United Kingdom, will mark the first European shipment by French...
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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