Liner Shipping

Lower slot costs to drive container shipping profitability in 2015

AJOT | January 06, 2015 | Liner Shipping | Ports & Terminals

Container shipping profitability is expected to improve in 2015, despite record vessel deliveries, driven by lower unit costs, according to the latest edition of the Container Forecaster, published by shipping consultancy Drewry. Read More »

CMA CGM and the integrated logistics group Multiparques join together in Angola

AJOT | January 06, 2015 | Liner Shipping | Ports & Terminals | Regulatory Issues | Ports | Container Port

The CMA CGM Group has announced the signature of logistics memorandum of agreements with Multiparques Group, represented by its General Manager Leonel Pinto, on December 18th 2014 in Paris, and in the presence of the French and Angola Foreign Affairs Ministers, Laurent Fabius and George Rebelo Pinto Chicoti. Those agreements define the two groups association for the terminal operation, and tend to develop logistics platforms in Angola. Read More »

WesPac Midstream, Pivotal LNG and TOTE sign agreement for LNG

AJOT | January 06, 2015 | Liner Shipping | Ports & Terminals | Ports | Container Port

WesPac Midstream LLC (WesPac) and Pivotal LNG, Inc. (Pivotal LNG), a wholly owned subsidiary of AGL Resources Inc., have announced they signed a long-term agreement with TOTE, Inc. (TOTE) to provide liquefied natural gas (LNG) to fuel TOTE’s two new state-of-the-art containerships.   Read More »

Federal mediator arriving to join U.S. West Coast ports talks

Reuters | January 06, 2015 | Liner Shipping | Ports & Terminals | Ports | Dry Bulk Port | Break Bulk Port | RoRo Port | Container Port

A federal mediator was expected to arrive in southern California on Tuesday to take part in negotiations over a new contract between employers at 29 U.S. West Coast ports and the union representing some 20,000 dock workers. Read More »

Jaguar Land Rover awaits news of 1,200 cars aboard beached ship

Reuters | January 06, 2015 | Liner Shipping | Ports & Terminals | Ports

Jaguar Land Rover said on Tuesday it was awaiting word on the fate of 1,200 luxury vehicles aboard a 51,000-tonne car transporter ship that has run aground in the English Channel. Read More »

MV CSL Welland arrives in Port of Montreal, completing maiden voyage

PR Newswire | January 06, 2015 | Liner Shipping | Ports & Terminals | Terminals | Ports | Container Port

Canada Steamship Lines welcomed CSL Welland, the latest addition to its Trillium Class fleet, as she docked at the Port of Montreal on January 2 at 13:48 Eastern Time. Read More »

Maersk Line to increase Asia-Europe rates by $800 per TEU

Reuters | January 06, 2015 | Liner Shipping

Maersk Line plans to increase shipping freight rates for transporting containers from ports in Asia to Northern Europe by $800 per TEU Read More »

Navios Maritime Partners announces acquisition of 13,100 TEU container vessel

AJOT | January 05, 2015 | Liner Shipping

Navios Maritime Partners L.P. ("Navios Partners") an international owner and operator of drybulk and container vessels, announced today that it has agreed to acquire the MSC Cristina, a 2011 South Korean-built container vessel of 13,100 TEU for $147.8 million. The vessel is expected to be delivered to Navios Partners' owned fleet by the end of February 2015.
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INFO-X Software Technology expands its relationship with INTTRA

AJOT | January 05, 2015 | Liner Shipping | Transport Intermediaries

Info-X Software Technology, an India-based software solutions and back-office service provider for the transportation industry, announced that it has enhanced its relationship with INTTRA. Read More »

Cargo vessel grounded off south coast of England

Reuters | January 05, 2015 | Liner Shipping | Ports & Terminals | Ports

A cargo vessel is grounded in the Solent, a major shipping route off the south coast of England, Britain’s Maritime and Coastguard Agency said on Sunday. Read More »

Collective agreement reached between Marine Atlantic Inc. and USW/ILA Council of Trade Unions

PR Newswire | January 05, 2015 | Liner Shipping

The agreement was reached with assistance from the Labour Program’s Federal Mediation and Conciliation Service, which provides dispute resolution and dispute prevention assistance to trade unions and employers under the Canada Labour Code. Read More »

Asia-Europe container freight rates fell 5.6 percent last week

Reuters | January 05, 2015 | Liner Shipping

Freight rates for container shipping from Asia to Northern Europe fell by 5.6 percent in the Monday through Wednesday period compared with last week, to $1,085 per 20-foot container (TEU), data showed on Friday. Read More »

Ship collision causes oil spill off Singapore

Reuters | January 05, 2015 | Liner Shipping

An oil tanker and a bulk carrier collided off Singapore on Friday causing some crude oil spillage, the Maritime Port Authority said. Read More »

Cargo vessel carrying migrants sent distress signal

Reuters | December 30, 2014 | Liner Shipping

A vessel that called for help off Greece is a Moldovan-flagged cargo ship believed to be carrying migrants, Greece’s shipping ministry said on Tuesday. Read More »

Union urges shipping executives to enter West Coast port talks

Reuters | December 29, 2014 | Liner Shipping | Ports & Terminals

The union for 20,000 dockworkers urged shipping executives on management’s board of directors to take a more active part in negotiations. Read More »

MOL Seals Long Term Shipping Deal with Reliance

AJOT | December 29, 2014 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. and Reliance entered into a strategic association for transportation of Liquefied Ethane from United States to India. Read More »

Evergreen Naming Ceremony for EVER LUNAR

AJOT | December 29, 2014 | Liner Shipping

Evergreen Group held the naming ceremony for EVER LUNAR today, the seventh of its L-type vessels to be built by CSBC Corporation in Taiwan. The ceremony, which was officiated by Ms. Lee-Ching Ko, Second Vice Group Chairman of Evergreen Group, took place at CSBC's Kaohsiung shipyard. The official rope-cutting of the new 8,508 TEU vessel was performed by Mrs. Lin, Mei-Chun. Read More »

Asia-Europe container freight rates fell 6.6 percent last week

Reuters | December 29, 2014 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.6 percent to $1.149 perTEU last week Read More »

Panama lowers 2014 growth estimate down to 6.3 pct

Reuters | December 28, 2014 | Breakbulk & Projects | Projects | Liner Shipping | Ports & Terminals | Canal and Waterway | Terminals | Ports | Wet Bulk Port | Dry Bulk Port | Break Bulk Port | RoRo Port | Container Port

Panama on Sunday lowered its 2014 growth expectation to 6.3 percent, down from a previous estimate of around 7 percent. Read More »

Baltic index slips with falling panamax rates, capesize revives

Reuters | December 28, 2014 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell further on Wednesday, dragged down by decreasing panamax rates. Read More »