On April, 23 Sakhalin shipping company (SASCO) and Chinese Minmetals Engineering and Bohai Shipbuilding signed contracts on building 2 container vessels of ice class and of 7 thousand tons’ deadweight each. Due to the contracts there is an option for building another 2 container vessels. According to the press-service of SASCO, the first ship will be ...
Westbound container volumes of the Far Eastern Freight Conference ocean carriers returned to above 20 percent year on year growth in March following a decline in February caused in part by the late reopening of Chinese factories after the Lunar New Year and winter storms. The Far Eastern Freight Conference said today its members box volume in the wes...
Iran's leading shipping company has said U.S. sanctions against Tehran over its nuclear program have hurt the country's shipping industry, the Aftab Yazd newspaper reported on Wednesday. The sanctions have driven up prices in Iran for two reasons, said a report from APF: it's difficult for Iranian flagged vessels to trade with certain countries, and c...
Grand Alliance carriers Hapag-Lloyd, NYK and OOCL have decided to push back the restart of a weekly Far East/U.S. West Coast service that was suspended at the end of last year. The North China Express (NCX) was dropped in October as part of a wider scaling back in transpacific capacity by shipping lines determined to cut costs in the low-profit trade....
Hanjin Shipping and APL will next month start a feeder service connecting Vietnam, Taiwan and Singapore. The Ho Chi Minh Express (HMX) service will use two vessels of 700 TEUs, one from each line, on a rotation of Singapore, Ho Chi Minh (Cat Lai), Kaohsiung, Ho Chi Minh (VICT), and back to Singapore. Korean company Hanjin said the start of a dedic...
CEBU CITY, Philippines - Last week, franchise facilitator Florence Tavera paid P500 for boat fare to Cebu City. When she bought a ticket yesterday to go home to Tagbilaran City, Bohol, the fare was P75 higher. “Magpaguyod na lang ko sa barko (I’ll just let the boat drag me),” she told in jest. Tavera is one of thousands of passengers affected by a ...
The world's biggest cruise ship, the Independence of the Seas, is due to arrive in Britain - and at a height of 237 feet, she would dwarf the Titanic. Independence Of The Seas is 160,000 tonnesThe 160,000-tonne ship will operate from Southampton until November. On her 15 decks, she can carry more than 4,000 guests, who will be looked after by...
Euroseas Ltd., an Athens-based owner and operator of dry bulk carriers, container ship and multipurpose vessels said it had entered into a time charter agreement for one of its containerships. The Clan Gladiator, a 1,742-TEU, 1992-built handysize containership, has entered in a time charter agreement for minimum 16 to maximum 18 months at a gross dail...
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