Zim Integrated Shipping Services Ltd. will next week add Hong Kong to its recently started Asia/North Europe East-West Express Service (EWX). The vessel Zim Genova is scheduled to make the maiden call at Hong Kong on the EWX when it departs the Far East port April 19. The EWX was launched in mid-January using four ships transferred from its defu...
French ocean carrier CMA CGM and New World Alliance lines APL, Hyundai Merchant Marine (HMM) and MOL will April 26 start a joint weekly Far East/West Mediterranean (MED) service. Eight vessels -- two from CMA CGM and six from the alliance carriers -- of 4,000 to 4,500 TEUs will operate on a port rotation of Shanghai, Ningbo, Hong Kong, Chiwan, Singap...
Liner industry representative, the World Shipping Council, on Friday hailed new International Maritime Organization rules on ship emissions, but warned that they will raise the cost of ocean transportation. During a five-day session in London that ended April 4, the IMO's Marine Environment Protection Committee (MEPC) agreed on amendments to the MARPO...
The New World Alliance (TNWA) carriers – APL, Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines (MOL) – and CMA CGM have announced a new joint West Mediterranean (MED) service starting 26 April. The new service offers shippers access and fast transit times to the growing Middle East and Mediterranean regions. Eight vessels will be deployed o...
Mumbai-based ABG Shipyard Ltd—the country’s biggest private shipbuilder—is trying to raise $ 200 million by means of a share sale to part-finance the setting up of a third shipyard and to expand its facility in Dahej. Negotiations in this regard are going on, it is understood, Exim News Service reported. Mr Rishi Agarwal, Managing Director, ABG, e...
Hanjin Shipping has announced the launch of its CKA (China-Korea-Australia) service, which will replace current NCA (North Asia-China-Australia) starting from early May. CKA will be jointly operated by Hanjin Shipping, Sinotrans, STX Pan Ocean, and Heung-A Shipping. Most significant changes are that Hong Kong is being replaced by Ningbo, which will n...
Korea Development Bank (KDB) said Wednesday it began efforts to find a new owner of the world's third-largest shipbuilder, Daewoo Shipbuilding & Marine Engineering (DSME), in a deal that may cost up to 8 trillion won ($8.12 billion), The Korea Times reported. We are going to name a lead manager for the sale of DSME,'' the bank said in a statement. We...
Evergreen Line announces a new service linking Japan and the U.S. West Coast, called the Japan-America Shuttle service (JAS). The fixed-day weekly service will link key ports in Japan and utilize four 2,800-3,000 TEU vessels. Sailings will commence on May 14, 2008, when the first departure from Osaka will be made by the vessel named Trieste. Por...
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