»8,452-TEU Ever Lucky to enter Evergreen's Asia-USWC service2014-07-14
The 8,452-TEU Ever Lucky, the 20th of the L-type models to be built for the shipping line at the Samsung Heavy Industries shipyard, has been christened in a ceremony, according to Shipping Gazette.
»Maersk fixes Asia-N Europe network as P3 Alliance crumbles2014-07-14
China's block on the proposed P3 vessel-sharing allowance of Maersk, MSC and CMA CGM, has the Danish shipping line scrambling to revise four of its five Asia-north Europe services, to find employment for its mega ships, according to Shipping Gazette.
»KMTC takes in charge the 5,466-TEU2014-07-14
KMTC HAS received the KMTC Mumbai, the first of two wide-beam ships of 5,466 TEU built at the Hanjin-Philippines site in Subic Bay for the South Korean shipping line, according to Shipping Gazette.
»Wilson Sons Shipyards signs two PSV 5000 contracts with Damen Shipyards Group at2014-07-14
On June 19th, at the International Tug, Salvage & OSV Convention, Wilson Sons (Brazil) and Damen Shipyards Group (NL) signed a contract for two Damen PSV 5000’s. This contract further strengthens the high level of cooperation between Damen and Wilson Sons, where Wilson Sons builds vessels locally using a Damen design, engineering and material package.
»Move to unclog Manila ports2014-07-11
In its efforts to decongest the ports of Manila, the government has approved a 90 percent discount incentive on docking fees for all vessels that will call on Batangas, and agreed with foreign shipping lines to make Subic Bay ports the temporary depots for containers.
»Goodbye P3, Hello 2M, say Maersk and MSC2014-07-11
Maersk Line and Mediterranean Shipping Co (MSC) have clinched a 10-year deal dubbed 2M to share vessels on some of the world's busiest trade routes just weeks after Chinese regulators scuttled a wider alliance called P3 between the two carriers and France's CMA CGM.
»Move to unclog Manila ports2014-07-11
In its efforts to decongest the ports of Manila, the government has approved a 90 percent discount incentive on docking fees for all vessels that will call on Batangas, and agreed with foreign shipping lines to make Subic Bay ports the temporary depots for containers.
»ZIM Lines increases capacity on its Israel Express ex Hamburg2014-07-11
ZIM Hamburg container vessel provides greater transport capacity and a larger number of reefer container connections from the North Continent to Israel
»Port of Dover sets new record for export freight vehicles2014-07-11
A record number of freight vehicles departed on services through the Port of Dover yesterday, reaching numbers not seen since before the recession.
»Ghana port gets faster clearance2014-07-10
Importers at the Indian port of Ghana will now be able to clear their goods within 24 hours, according to the Minister of Trade and Industry Haruna Iddrisu.
»Cargo growth at major ports continues to remain sluggish2014-07-10
In FY 14, total cargo handled at major ports increased by a tepid 2% to 556 million tonnes from 546 million tonnes during FY 13. Non major ports, however are poised to register higher cargo volume growth in FY14 of 13-15%. In H1FY14, cargo volumes at non-major ports had registered a comparatively stronger 13% growth overall from 185 million tonnes to 209 million tonnes. Thus, despite the stronger growth at non major ports, overall cargo growth at Indian ports is estimated to have recorded modest growth of 4-6% for the full year FY14.
»PIL reveals financial losses2014-07-10
Singapore's Pacific International Lines (PIL), which has posted losses in three of the last five years, posted a 2013 annual year-on-year loss of US$101 million, drawn on revenues of $45.16 billion, down 0.64 per cent.
»CMA CGM & Adani Ports to build CT at Mundra port2014-07-10
French shipping giant CMA CGM has signed with Adani Ports and Special Economic Zone (APSEZ) an agreement to develop, 50:50, a new common user container terminal at Mundra port, according to Shipping Gazette.
»Transpacific freight rates, market conditions show improvement2014-07-10
Encouraged by the initial success of a July 1 revenue improvement effort, and by recent public reassurances that cargo will continue moving as U.S. West Coast longshore labor negotiations extend past the contract deadline, container lines in the Transpacific Stabilization Agreement (TSA) are moving ahead with a second phase of the revenue recovery plan.
»Diana Shipping Inc. announces time charter contract for m/v G. P. Zafirakis with2014-07-10
Diana Shipping Inc., a shipping company specializing in the ownership of dry bulk vessels
»HMM receives 13,100-TEU Hyundai Victory2014-07-09
Hyundai Merchant Marine (HMM) is to take delivery of the Hyundai Victory, the fourth of five 13,100-TEU ships ordered in August 2011 from Daewoo Shipbuilding & Marine Engineering.
»Investment at APM Terminals Algeciras puts it on top of the Med2014-07-09
APM Terminals Algeciras, run by Maersk's standalone global port operator, has become the busiest container port on the Mediterranean with a US$73 million investment to upgrade cranes and other infrastructure, according to Shipping Gazette.
»Cargotec's Kalmar equips Russia's largest port operator2014-07-09
Kalmar, a unit of Finnish-based Cargotec manufacturer, is to supply 12 terminal tractors and a further seven lift trucks and one reachstacker to Novorossiysk Commercial Sea Port, part of the NCSP Group in Russia, according to Shipping Gazette.
»Port volume increases 11.6 per cent at Estonia's container terminal2014-07-09
Estonian's largest container terminal, Transiidikeskuse AS Muuga, boosted its container turnover at 88,298 TEU, a 4.3 per cent increase on the same four month period in 2013, according to Shipping Gazette.
»Kotahim aims to double container volumes2014-07-09
Kotahi Port CEO Chris Greenough of is confident that Timaru's container terminal owners, Port of Tauranga and Kotahi, will be able to double their container volumes passing through Prime Port, according to Shipping Gazette.