Shipping News

Shipping sector appeals to public for action against piracyMar 2, 2011

A GROUP representing international shipping interests, including management and labour, presented six demands to the public in hopes of creating the political will in government to suppress piracy off the coast of Somalia. The SOS Save Our Seafarers campaign's leading sponsors are the Baltic International Maritime Council (BIMCO), the International Chamb...

Huanghai Shipbuilding wins 7 MPPs contractMar 1, 2011

Chinese shipbuilder Huanghai Shipbuilding has signed a newbuilding contract with Ethiopian shipowner ESL to build seven 28,000dwt multi purpose cargo carriers at a price of $32.5m per unit. The vessels are due for delivery between August 2012 and December 2014. It is the largest newbuilding contract that Shandong-based shipbuilder has received this year. ...

Emirates has eye on growing air cargo market in AfricaMar 1, 2011

EMIRATES Airlines is seeking to tap opportunities in the growing African market, to raise the profitability of its air cargo business. "These are great times for us. Africa is diverse and proving to be a major hub for air cargo with all developments taking off there," Emirates divisional senior vice president-cargo Ram Menen was quoted as saying on the s...

Ethiopian Cargo named African Cargo Airline of the YearMar 1, 2011

ADDIS ABABA's Ethiopian Cargo has won the African Cargo Airline of the Year award at the Air Cargo Africa 2011 Conference in Nairobi for excellence in air cargo delivery in Africa. According to the award-sponsors, Mumbai's STAT Trade Times, Ethiopian Airlines Cargo has won the nominations of its readers worldwide in the category of African Cargo Airlin...

Standard & Poor's ups Zim rating to BBB- 'stable outlook'Mar 1, 2011

ISRAELI flag carrier Zim received a Standard & Poor's (S&P) bond rating upgrade to "BBB-" with a stable outlook, having already received a similar upgrade in September, the shipping line announced. "Improvement in the global market and our intensive efforts in all areas of operation to improve efficiency and profitability are reflected in the com...

CTSA raises CAF to 8pc for March and AprilMar 1, 2011

CONTAINER shipping lines participating in the Canada Transpacific Stabilisation Agreement (CTSA) that covers the trade from northeast and southeast Asia to Canada have announced that their currency adjustment factor (CAF) will be raised to eight per cent from March 1. The CAF was last increased to seven per cent on December 1 and remained at the same leve...

Grand Alliance drops Shenzhen's Shekou, sticks with Da Chan BayMar 1, 2011

THE Grand Alliance, made up of Hapag-Lloyd, OOCL and NYK Line is omitting a call at Shenzhen-Shekou while staying with the nearby Da Chan Bay terminal on its Loop B service from Vancouver-Seattle to Asia and Europe, reports ComPair Data. The service also cuts one sailing from April. The new rotation will be Busan, Qingdao, Shanghai, Ningbo, Shenzhen-Da Ch...

Quick steaming back as CSAV accelerates Far East-Mideast stringMar 1, 2011

CHILE's Compania Sud Americana de Vapores (CSAV) has accelerated and reduced the number of ships deployed between the Far East and Middle East, reports ComPair Data. The new rotation time on its Super Galex service will be cut one week deploying from six rather than seven ships in the same 6,550-TEU range. The rotation remains Dubai, Dammam, Bandar Abbas...

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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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