AJOT Digital Edition | Issue #578

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Ocean Carrier Review

Pacific Northwest Ports

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2014 Media Kit

Liner Shipping

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Mitsui pays China to release seized ship

Reuters | April 24, 2014 | Liner Shipping

Japan's Mitsui O.S.K. Lines Ltd paid about $29 million for the release of a ship seized by China over a dispute that dates back to the 1930s war between the countries, China's Supreme Court said. Read More »

Pirates raid oil tanker off Malaysia, take away 3 crew

Reuters | April 23, 2014 | Liner Shipping

Armed pirates raided an oil tanker off the coast of Malaysia and took three crew members with them, Malaysian maritime officials said on Wednesday, underscoring increasing threats to shipping in one of the world’s busiest waterways. Read More »

Zepol finds US imports from Russia increased in March

AJOT | April 21, 2014 | International Trade | Liner Shipping

Zepol Corporation finds that despite threats of trade sanctions by the United States, U.S. vessel imports from Russia have remained steady. TEUs (twenty-foot container) imports from Russia in March were actually up from February and totaled over 3,000 TEUs. So far in April, imports from Russia have still been consistent to the average volume of the past few months. Read More »

China seizure of ship could hurt Japan business

Reuters | April 21, 2014 | Liner Shipping

China's seizure of a ship owned by Japanese shipping firm Mitsui O.S.K. Lines Ltd. for allegedly failing to pay compensation stemming from a wartime contractual obligation is "extremely regrettable" and could hurt Japanese business there, Japan's top government spokesman said. Read More »

Premium Article  Boxship numerology

George Lauriat | April 21, 2014 | Liner Shipping

The container ship operators continue to build mega-ship fleets and form mega-alliances. It’s a numbers game to scale up to bring down slot costs, but will it be enough to bolster the bottoms line? Read More »

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