Maersk Line together with Malaysia's MISC plan to add a second string to their joint south east Asia-New Zealand service by splitting the existing weekly loop into two weekly slings combined within a nine-week butterfly service (NZ1/NZ2), according to the Shipping Gazette. Alphaliner reports that the butterfly loop will call at Tanjung Pelepas, Singapore...
The global trade rebound is pushing shipping lines to rely more on leasing companies such as CAI International and TAL International Group for the containers used to transport everything from bananas to blouses. Relatively strong growth in trade is creating a good level of need for containers, but supply is very tight and shipping lines aren't purchasing...
MAERSK Line together with Malaysia's MISC plan to add a second string to their joint south east Asia-New Zealand service by splitting the existing weekly loop into two weekly slings combined within a nine-week butterfly service (NZ1/NZ2). Alphaliner reports that the butterfly loop will call at Tanjung Pelepas, Singapore, Brisbane, Auckland, Tauranga, Po...
FUJIAN provincial government's statistics show direct shipping services to Taiwan from the province involved 365 sailings carrying a total of 2.14 million tonnes of cargo, up 24.4 per cent in the first four months of 2011 year on year, Xinhua reports. Fujian shipping companies operated 254 sailings with 1.26 million tonnes of freight. Taiwan carriers op...
FREIGHT rate volatility on the Asia to north Europe trades has increased since the European Commission banned the Far Eastern Freight Conference (FEFC) by repealing its block anti-trust exemption in October 2008, says new research. Since then, Asia-north Europe trades have experienced rate volatility in a 20 per cent range every year compared to an annual...
Otto Marine has failed in its attempt to apply an injunction to prevent Norway-based Mosvold Supply from getting a refund for a vessel order contract. Mosvold had cancelled its order for an anchor handling tug supply vessel in May 2010 and Otto Marine launched legal action in December to restrain Mosvold from seeking a refund on its deposit. “The High...
Wilhelmsen Ships Service (WSS) Finland last week announced a new Agency Network Agreement which will strengthen the company’s coverage of thirteen key ports around the country’s coastline. The announcement coincided with an Open House event which celebrated 150 years of the company. Invited customers from the Helsinki area were able to expe...
Neptune Orient Lines (NOL) , the world's seventh-largest container shipping firm, said on Monday it carried 9 percent more cargo in the four weeks to May 6 from a year ago, helped by higher volumes on Intra-Asia and Asia-Europe routes, Reuters reports. NOL carried 231,100 forty-foot equivalent units (FEUs) during the four-week period, up from 212,000 FEUs ...
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