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On the heels of A.P. Moller Maersk's purchase last month of a 37.5 percent stake in Hoegh Autoliners, the U.S.-flag operations of the two companies -- Maersk Line Ltd. and Alliance Navigation, respectively -- are doing business together. Under a deal announced this week, two Hoegh/Alliance ships have been transferred from the Norwegian Internationa...
Rickmers-Linie said it would add an additional vessel to its round-the-world pearl string breakbulk and heavy-lift service. The company said it had chartered for two years the 30,000-deadweight-ton Cape Darby, which it said was a near sister" to the ships currently in the service. The vessel will be renamed Rickmers Houston before being phased into ...
New York-listed non-operating vessel owner Seaspan today reported fourth quarter net loss of $20 million and full year loss of $10.4 million, compared to profits of $10.5 million in the fourth quarter 2006 and $37.1 million for all of 2006. The company's net losses includes the non-cash unrealized loss of $37.6 million and $72.4 million, respectively, ...
A fourth quarter decline in Europe to Asia container volumes dampened Far Eastern Freight Conference ocean carriers annual eastbound growth. For the full year 2007, the FEFC's eastbound volume rose 4.8 percent to 3.35 million TEUs, up from 3.2 million TEUs in 2006. On a regional basis, box traffic from North Europe to the Far East in 2007 increased 4.3...
As the Port of Tacoma grows, our success will be based on three factors: We have to take care of our customers, build a foundation for growth and be a good neighbor, said Port of Tacoma Executive Director Timothy J. Farrell. With these factors in focus, the Port of Tacoma has announced a shift of management responsibilities. Our growth plans, customer...
One month ago today (18 January) a crane accident at Southampton Container Terminal forced the near shut down of the UK's second largest container port. One crane was broken and others had to be taken out of service for safety checks. One month on, the terminal still has only five out of 11 cranes operating. Near normal working conditions are not now...
APL Logistics is introducing guaranteed delivery of full container loads from Asia to the US, Exim News Service reported. Named APL Guaranteed Continental, the new service connects the ports of Shanghai, Hong Kong, Chiwan and Yantian with any US zip code. The service guarantees delivery of full container load cargo on specified dates, or shippers will ...
World Shipping (China) Summit, the prominent yearly event for the World shipping circle jointly organized by China Ocean Shipping (Group) Company, China Maritime, Drewry Shipping Consultants Limited (UK), the Journal of Commerce (USA) and Dalian Municipal People's Government, will be held alongside Shiport China 2008 on November 6.7, 2008 in Dalian under ...
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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