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U.S. shippers struggling to find containers and sufficient capacity on ships for their exports are urged by liner carriers to consider booking their shipments as far in advance as possible. George Hearn, vice president and managing director in the U.S. South for APL, told attendees at the Virginia Maritime Association's International Trade Symposium i...
A containership that ran aground Friday morning as it was leaving the Port of Melbourne, Australia, has been refloated. Press reports say the Francoise Gilot, a 1,341-TEU containership operated by the ANL subsidiary of CMA CGM, ran onto a sandbar after losing power. But the ship was able to regain power and was off a sandbar within three hours. Pr...
Sea Star Line LLC said Wednesday that it continues to cooperate with a U.S. Justice Department investigation into possible antitrust violations among carriers in the U.S. mainland-to-Puerto Rico trade, and had removed a small number of employees who violated company policy. We continue to cooperate fully with the inquiry, and do not anticipate any dis...
Grand Alliance lines Hapag-Lloyd, NYK and OOCL will later this month return to Thamesport in the United Kingdom with three transatlantic services. The alliance consolidated all calls in the United Kingdom to Southampton Container Terminals in September 2006. The three services returning to Thamesport are the Pacific Atlantic Express (PAX), the Gulf At...
Niche transatlantic operator Independent Container Line has become a member of the World Shipping Council, the liner shipping industry association headquartered in Washington, D.C. Richmond, Va.-based ICL recently joined the WSC's counterpart in Brussels, the European Liner Affairs Association. The carrier operates four vessels averaging 1,550 T...
Norwegian shipbuilder Aker Yards ASA has reported a first quarter net profit of 41 million krone ($9 million), a 83 percent drop compared with NKr 242 million in the same quarter last year. Aker's quarterly earnings before interest and taxes (EBIT) dropped 68 percent to NKr 117 million ($24 million). Revenue rose 8.7 percent to NKr 7.47 billi...
Yang Ming today named two containerships, with capacities of 8,200 TEUs and 4,250 TEUs, at the Kaohsiung shipyard of CSBC Corp., Taiwan. The larger vessel, YM Uberty, is the first of three sister ships being built for the Taiwanese carrier by CSBC, and will join Yang Ming's Asia Europe Loop 3 (AE3) started at the end of last year. The service is part ...
French shipping company CMA CGM has joined forces with the nation's Affaires Maritimes and the Armateurs de France association to create a new maritime training program starting in September. Graduates of the two-year study program with the National Merchant Navy School in Marseilles will receive a state-recognized diploma leading to a deck officer ce...
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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