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Neptune Orient Lines, the Singapore-based container shipping, terminals and logistics group, has made a number of appointments in the Middle East region. Gene Seroka has been named vice president for the Middle East region responsible for NOL's overall management of APL, APL Terminals and APL Logistics from the group's regional headquarters in Dubai. ...
Net profit at China Shipping Container Lines in 2007 soared 271.8 percent to RMB3.22 billion ($441 million) from RMB864.7 million in 2006. Operating income for last year was rose 157.2 percent to RMB4.30 billion ($589 million), while revenue gained 27.3 percent to RMB38.8 billion ($5.32 billion). Operating costs jumped 20 percent to RMB34.07 billion ...
Maersk Line is set to introduce a fifth ship and calls at Rotterdam in the Netherlands and Aarhus in Denmark to its North Europe/Mediterranean Scan Med service. A previous export call from Felixstowe is being dropped due to Ongoing congestion in the British port, enabling the Danish to aintain the integrity of the service. The vessel Maersk Ankara wil...
The Oman Shipping Co. has indicated it will spend as much as $4 billion in the next three to four years to expand its fleet size, Reuters reported Monday. Chief Financial Officer Kuldeep Mathur told the news service that the state-run shipping line's looking to grow its fleet mainly to meet demand for energy transportation. The expansion would include...
A Canadian shipping company plans to start a short sea shipping service between Halifax and Montreal next month. Aldert van Nieuwkoop, president of Great Lakes Feeder Lines, said the company expects to offer a weekly service between the two Canadian ports using a small 230-TEU ship that also has the capability to handle project cargo. Van Nieuwkoo...
Ocean shipping lines of the Canada Transpacific Stabilization Agreement will increase their fuel recovery surcharges for May 1 to the following amounts: $796 (from $688) per 20-foot container. $995 (from $860) per 40-foot container. $1,120 (from $968) per 40-foot, high-cube container. $1,260 (from $1,089) per 45-foot container....
Shipping lines in the Europe/Caribbean/South America trade ESPMC-WITASS conference will raise their bunker and Panama Canal surcharges for May sailings. The conference BAF will be $548/548 euros (from $521/521 euros) per TEU and $1,096/1,096 euros (from $1,042/1,042 euros) per FEU. The per-freight-ton surcharge will rise to $27/27 euros (from $26/26 e...
Greek dry bulk shipping company Hellenic Carriers Ltd. has taken delivery of a 50,326-deadweight-ton Supramax vessel it agreed to buy last October for $62 million. The Athens, Greece-based company funded the purchase of the 2000-built Konstantinos D (previously known as Aegean Hawk) with $30 million from the net proceeds of its initial public offering...
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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