DANISH shipping giant Maersk says it is considering a congestion charge now that volumes have grown to the clogging point at Russia's western Port of St Petersburg. Maersk said it could no longer determine with certainty which cargo terminal cargo would be landed, reported London's International Freighting Weekly, because berth waiting times at one term...
The opening of India's first transhipment hub at Kochi today by Prime Minister Manmohan Singh is set to shake up regional container trades. "This will save cost and time substantially in transportation of containers related to export and import, as the entire business India had to conduct at Colombo hub, would now take place here," said secretary, ministr...
GERMAN shipping line Hapag-Lloyd enjoyed an operating profit of EUR97 million (US$132 million) in the quarter ending December 31 compared to a loss of EUR21 million in the same period in 2009, declared its principal shareholder, travel giant TUI AG in its own earnings results. The container carrier, reported American Shipper, had revenue increases of 34 p...
REPRESENTATIVES from the International Longshore and Warehouse Union (ILWU) and the British Columbia Maritime Employers Association (BCMEA) in Vancouver have returned to negotiations after the end of a cooling off period ordered by government. Greg Vurdela, vice president of marketing and information technology at the BCMEA, hailed the resumption of gener...
QANTAS will raise fuel surcharges from February 19 between US$20 to $50 on international passenger routes for the first time since 2008 in response to rising oil and jet fuel prices. Fuel charges on UK and Europe routes will increase 53 per cent from $95 to $145 on one-way tickets. Flights to mainland USA, Canada and South America, South Africa and India ...
Ensco has ordered a pair of jack-up rigs at Keppel FELS and has options for two more, Seatrade-asia reports. The two rigs will be enhanced versions of the KFELS Super A design and will be built at the Singapore yard at a cost of $440m. The rigs are due for delivery in the second and fourth quarters of 2013. Ensco has options for a further two rigs which hav...
MAERSK's South China head Soren Karas said his company will increase the size of its ships deployed on its CHX service that links Shanghai to Chennai in future amid expectations that this market will grow. Mr Karas told Bloomberg that he sees cargo trade between China and India increasing one-fifth in 2011. "It is an exciting market that has great potent...
SHIPPING to and from strife-torn Egypt is returning to normal, according to a Maersk customer advisory, which said the situation had improved "substantially" with all ports working, though "not yet back to the usual levels" at Port Said. The carrier also said the berth and yard congestion had "loosened" at Damietta and Alexandria. It also said transit of ...
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