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Japanese Mitsui Engineering and Shipbuilding is about to finish the gas vessel “Grand Merea” for the Russian-Japanese Consortium MOL-K Line-PRISCO. According to the press-service of PRISCO, works follow the schedule. Sea trials are scheduled at the end of the March. It is planned that in the beginning of May the vessel will begin its work in the f...
According to the press-service of TransContainer, on February, 25 Panasonic’s Cargoes were dispatched for Japanese port of Kobe and delivered to Kuznetzovo-2 railway station (in Moscow) on March,16. The delivery time totaled 20 days, including 10 days of rail transportation. Cargoes were handled in Busan and transported by Transsib. According to t...
Evergreen Line is launching a new regional Kaohsiung-Haiphong Shuttle Service (KHP Service) to enhance its presence in Haiphong, Vietnam. Vietnam is considered as Asia’s new powerhouse economy, so this new service through Evergreen’s Kaohsiung hub enables fast-growing Vietnam to link with the global markets. The 580 TEU vessel, DONG DU, is starting...
Wartsila has signed a global service agreement with the leading screw pump manufacturer IMO AB of Sweden to establish a stronger after-sales network for IMO's complete product range. The cooperation agreement signed in February will result in an important addition to the range of products and services supported by the Wartsila network and increase th...
Maersk Line has entered a slot charter agreement, which will provide CMA-CGM space in the transatlantic trade. The agreement covers 900 TEUs on a weekly basis on Maersk Line TA3 service from North Europe to/from Newark, Savannah, and Miami on the U.S. East Coast. Presently TA3 service continues through the Panama Canal to the U.S. West Coast, but thi...
German tourism and shipping conglomerate TUI AG has yielded to shareholder pressure by deciding to separate its Hapag-Lloyd container shipping unit from the group. All options including a spinoff, merger or divestment as a single entity are going to be examined, TUI said in a statement on Monday after the supervisory board held its regular meeting to ...
Hapag-Lloyd's operating earning's more than doubled in 2007 due to an upswing in freight rates from the second half and the completion of the CP Ships integration. Amid uncertainty over the German carrier's future, parent TUI AG today reported earnings before interest, tax and amortization (EBITA) from container shipping of 327.7 million euros ($482 m...
Maersk Line's transpacific pact with CMA CGM will be extended to another trade after all, with the news that the French carrier will charter slots on the transatlantic leg of Maersk's weekly Europe/U.S. East Coast/Central America/U.S. West Coast/Asia TA3/TP7 pendulum service, effective April 17. About the same time, CMA CGM, Maersk and Swiss line Medi...
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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