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Evergreen and Cosco plan to upgrade the jointly-operated China - Arabian Persian Gulf service in June to meet the surging shipping demand to the Middle East. Starting from June, the two shipping companies will operate a voyage a week respectively and increase the voyage frequency of the service to twice weekly by slot exchanging, a company statement ...
CMA CGM announces the launching, in June 2008, of a new weekly service dedicated to the West Coast of South America, linking Panama, Colombia, Ecuador, Peru, Chile and Costa Rica: The ANDEX service ANDEX will be 100% CMA CGM operated and will deploy three geared vessels with a capacity of 1 100 TEUs, along the following port rotation: Balboa (Panama)...
Dry bulk shipping records continued their rise into record territory Monday, with the closely followed Baltic Dry Index rising 250 points to 11,709. That's resulting in large profits for shipping companies specializing in the sector such as the Athens-based shipowner DryShips Inc., whose shares are traded in the United States on the Nasdaq system. ...
Intermarine, managing agent of Industrial Maritime Carriers, said it has concluded agreements for the long-term charter of eight new heavy lift-multipurpose ships. The company has agreed to charter the ships from Reederei Jungerhans of Hamburg, which will have the ships built at the Portuguese shipyard Estaleiros de Viana do Castelo. Intermarine has s...
Chilean carriers CCNI and CSAV will next month swap calls on their joint Gulf Express Service (GEX) from Puerto Lim in Costa Rica to Santo Tom de Castilla in Guatemala. CCNI said the decision to drop Puerto Lim was made due to the port's draft limitations. The last call at the Costa Rican port will be made by the CSAV Venezuela on June 6. The CCNI Ver...
Some 47 percent of all containership deliveries in the 12 months from May 2007 to April 2008 were phased into the booming Asia/Europe trade, according to AXS-Alphaliner, the liner shipping reference division of French analysts AXSMarine. AXS said the newbuilds helped boost capacity in the trade by 700,000 TEUs, or 30 percent, during the 12 months. ...
Compania Sud Americana de Vapores is about to reconnect its Pacific Caribbean (PACAR) service with the Far East just a few months after turning it into a dedicated Mexico/Central America/North Coast South America loop. The Chilean carrier said it will independently operate the revised service with eight vessels of 2,500 TEUs on a weekly frequency, sta...
Euroseas Ltd. on Monday said it agreed to buy the Maersk Noumea, a 34,677-deadweight-ton, 2,556-TEU containership for $43.5 million. The Maersk Noumea, which was built in 2001 in South Korea, comes with a period charter with a major container liner company at $16,800 per day until August 2011. The charter also includes options for three additional...
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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