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Maruba has announced the June 20 launch of a new loop on its SEAS service between Asia and South America East Coast, in partnership with CSCL, CMA CGM and K LINE. The coverage of the SEAS service will be improved with the implementation of two complementary strings (SEAS I and SEAS II), operated each with 10 vessels of an average nominal capacity of ...
A.P. Moeller-Maersk A/S's Lindoe shipyard, builder of the world's largest container ships, will cut costs and may lay off workers in an attempt to return to profit. Workers and management will need to meet a list of demands to improve productivity as earnings are hurt by a weak U.S. dollar and increased competition from Asian shipbuilders, the Odense...
The Hamburg-based shipping line Hapag-Lloyd will turn its weekly Asia-Mexico Express Service (AME) into twice weekly services with an amended port rotation from mid-June. This will give customers a further improvement in transport capacities with three additional ports calls at Qingdao, Xiamen and Hong Kong, as well as weekly departures from Ensenada...
The world's largest container liner Maersk Line is backing slower slow steaming as a response to rising bunker costs. Slow steaming is an efficient way to reduce bunker consumption, lowering operational costs as well as cutting CO2 emissions, according to Jesper Praestensgaard, CEO Asia Pacific of AP Moller-Maersk. Bunker bills currently account...
Ocean carriers in the Far Eastern Freight Conference last month carried an extra 5.6 percent containers in the westbound Asia to Europe/Mediterranean trade. The FEFC said today its members?April westbound box volume was 813,098 TEUs, up from 770,315 TEUs in the same month last year. Broken down by region, the monthly Far East-to-North Europe volum...
Italy's Grimaldi Group said it will upgrade the sailing frequency of its North Europe/West Africa Southern Express service from 12 to eight days as it phases in new multipurpose ships from Croatian shipyard Uljanik. The 50,000-gross-ton Grande Angola will join the service after delivery in September. The vessel will be able to carry a mix of 2,000 veh...
U.S. Jones Act carrier Horizon Lines, embroiled in a U.S. Justice Department investigation into the pricing practices of certain domestic ocean carriers, said Wednesday that two employees involved in its Puerto Rico trade lane operations have submitted their resignation. The unnamed employees were two of six Horizon Lines staff already placed on admin...
South Korea's STX Shipbuilding on Wednesday announced it has designed a 22,000-TEU containership that it claims will reduce per container shipping costs by 40 percent. The 460-meter-long, 60-meter-wide ship would become the largest of its type. It will be available in one- or two-propeller configurations and be capable of speeds of between 24 to 26 kn...
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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