Shipping News

Hanjin announces comprehensive Asia-Europe rate increasesMar 4, 2011

KOREA's Hanjin Shipping has announced Asia-Europe and transatlantic rate increases to take effect in April. From the Far East - but not Japan - to the Mediterranean and north European ports, there will be a US$200 per TEU increase, and a $400 per FEU hike. All increases apply equally to dry and reefer cargo. From Japan to the Mediterranean and north...

Jiangsu to build 20 navigation channels in five yearsMar 3, 2011

EASTERN China's Jiangsu province plans to spend CNY30 billion (US$4.6 billion), building 20 navigation channels and 16 locks in the coming five years, Xinhua reports. This year, the province plans to spend CNY5 billion on 39 kilometres of channels and locks. In the past five years, the province spent CNY15.5 billion on navigation facilities. By the end ...

No-frills TCC launches second string between China and LAMar 3, 2011

TRANSPACIFIC start-up The Containership Company (TCC) will launch a second string in its Far East and the US West Coast in April to complement its Great Dragon Service (GDS) launched last year. The GDS service between Taicang and Los Angeles deploys five ships between 2,900- and 3,000-TEU, with two extra calls at Ningbo and Qingdao added in late summer, r...

CSCL sends containerships to evacuate Chinese from LibyaMar 3, 2011

CHINA Shipping Container Lines was requested by the China Ministry of Foreign Affairs to assist in the evacuation of Chinese nationals from Libya. The carrier attached great importance to this matter and immediately founded an emergency command centre to give full support to the evacuation. The emergency command centre is made up of two teams. One is resp...

Maersk's 21-ship Asia-North America butterfly loop to split upMar 3, 2011

A MOVE to shake up Maersk Line's Asia-North Europe network will split a butterfly service, enabling the AE10 to break away from the AE1 loop to become an independent service from April 7. ComPair Data reports that the rotation for the existing butterfly service is Hakata, Kobe, Nagoya, Yokohama, Hong Kong, Shenzhen-Yantian, Tanjung Pelepas, Felixstowe, R...

Euro shippers say taking Cape to duck pirates will only add to costsMar 3, 2011

THE European Shippers' Council (ESC) is warning that a suggestion by BIMCO at its members may be forced to boycott piracy hotspots in the Indian Ocean and re-route vessels around the Cape of Good Hope "could have an enormous impact" on supply chains and the overall economy. "The proposal to divert all shipping away from the affected areas, via the Cape o...

Maersk reworks Asia-northern Europe networkMar 3, 2011

DENMARK's Maersk Line says it is making "major changes" to its Asia-North Europe container shipping network starting in April. The carrier expects the changes to be in place by June 2011, in a move designed to improve port coverage and service reliability between the major markets in the trade. "The network will feature multiple calls from Ningbo, Sha...

CMA CGM increases services from Asia to US west coastMar 3, 2011

FRENCH shipping giant CMA CGM has announced it is increasing services between Asia and California to meet growing transpacific demand expected this year and in years to come, said a company statement. As of May 2011, the consolidation of its partnerships will enable CMA CGM to reinforce transpacific coverage. "This upgrade is a significant improvement a...

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Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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