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Golden Ocean Group Limited has fixed out on time charter the Capesize vessel M/V Channel Navigator (172,000 dwt, built 1997). The vessel will be delivered to the Charterer by the end of April 2009 for a five years time charter contract. The agreed daily time charter hire is $53,500 less 3.75% total commission. The cash break even for the vessel is $...
Canada's border agency wants to expand its surveillance of travellers entering the country, with plans to force buses, trains and cruise ships to provide advance electronic lists of passengers and their personal details. Since October 2002, the Canada Border Services Agency has collected advance information from airlines on arriving passengers. The ma...
Maersk Line announced the introduction of a new Intra-Asia service, the IA-3. This service will connect the ports of Kaohsiung, Xiamen, and Hong Kong with Maersk Line's Southeast Asian hub port of Tanjung Pelepas in Malaysia and Singapore. Maersk Line will deploy two 4,000 TEU vessels in the new Intra-Asia service. The IA-3 will provide our customers ...
Stakeholders from across the maritime supply chain met on 31 January to discuss UK container port congestion. The group, which included shipping lines, terminal operators, freight forwarders, hauliers and shippers, held a highly productive session, sharing perspectives on the challenges all will face through 2008 and beyond. The meeting, which wa...
Maersk Line will in early March start a new intra-Asia service to link the ports of Kaohsiung, Xiamen and Hong Kong with the Danish mega-carrier's Southeast Asian hub port of Tanjung Pelepas in Malaysia and Singapore. The IA-3 will deploy two 4,000-TEU vessels with the first sailing to be made by the Maersk Brooklyn departing Hong Kong on March 4. The ...
DBS Group Research said a recent meeting with COSCO International's (517) management confirmed its view that its shipping-services operation remains resilient to volatile shipping cycles, with persistent target earnings growth rate between 20-30% over the next few years. It believes the occurrence of parental asset injections is just a matter of tim...
The U.S. Department of Homeland Security is seeking applicants from the import-export industry to serve on the Commercial Operations Advisory Committee in 2009. The federal advisory committee provides DHS and the Treasury Department with industry perspectives and recommendations on border measures that impact commercial activities. It meets on a quarte...
Far East Freight Conference carriers will leave unchanged their bunker and currency adjustment factors for March. The BAF applicable to the trades to and from the United Kingdom, Northwest Continent, Scandinavia and Baltic Sea and also the Mediterranean and West Coast European region will remain at $456 per TEU. The currency adjustment factor applic...
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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