Liner Shipping

US East Coast and Gulf to Venezuela general rate increase

AJOT | November 15, 2011 | Liner Shipping

Effective December 4, 2011, a General Rate Increase (GRI) will be implemented on all cargo moving Southbound from or via the United States East Coast and Gulf Coast to Venezuela. Read More »

Zepol reports October vessel imports increase 0.33%

AJOT | November 15, 2011 | Liner Shipping

Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for October, measured in TEUs, increased 0.33% from September and decreased 1% from October of 2010. The total number of inbound shipments rose 1% from Sep Read More »

APL declares refrigerated container fleet safe

AJOT | November 03, 2011 | Liner Shipping

Global container shipping line APL declared its refrigerated container fleet safe and announced new precautions to prevent equipment mishaps. The declaration followed reports from competitors that at least four of their refrigerated containers exploded d Read More »

CMA CGM is taking precautionary measures after a reefer exploded in Qingdao

AJOT | November 03, 2011 | Liner Shipping

Recently there have been reports of reefer containers serviced in Vietnam becoming safety issues. Read More »

CSCL says buys 8 container ships for $754 mlllion

AJOT | November 03, 2011 | Liner Shipping

China Shipping Container Lines Co Ltd said it ordered eight 10,000 TEU vessels from two Chinese shipyards for a total of $754.24 million to improve economies of scale and strength competitiveness. Read More »

Evergreen Line to adjust intra-Asia services 
to meet changing market demand

AJOT | November 03, 2011 | Liner Shipping

In view of the development of intra-Asia waterborne trade, Evergreen Line will realign its fleet deployment and launch new services, effective November 2011. Read More »

Maersk says crisis won’t stunt growth, investment

AJOT | November 03, 2011 | Liner Shipping

The economic crisis in many markets will not halt Danish shipping and oil group A.P. Moller-Maersk's growth nor put its ability to invest at risk, its chief executive said in a company magazine. Read More »

NOL posts bigger Q3 net loss, sees full-year loss

AJOT | November 03, 2011 | Liner Shipping

Neptune Orient Lines (NOL) , the world's seventh-largest container shipping firm, reported a wider than expected third-quarter loss and warned for a possible full year loss for the year ended December 2011. Read More »

OL receives Silver Logistics Supplier Award from Cabot Microelectronics

AJOT | October 25, 2011 | Liner Shipping

Mitsui O.S.K. Lines (MOL) was awarded the Silver Logistics Supplier Award by Cabot Microelectronics Corporation for outstanding service. Cabot Microelectronics annual awards ceremony recognises suppliers that provide the best strategic value to its globa Read More »

Matson assures Guam/CNMI/Micronesia business community of shipping stability following Horizon Lines

AJOT | October 25, 2011 | Liner Shipping

In response to Horizon Lines' announcement that it will be discontinuing its Guam service effective November 10, Matson assured customers that it has the vessel capacity and necessary equipment to handle the additional volume and maintain existing levels Read More »

Horizon Lines to discontinue Trans-Pacific FSX Service

AJOT | October 25, 2011 | Liner Shipping

Horizon Lines, Inc., the nation's leading domestic ocean shipping company, has announced it will discontinue its Five Star Express (FSX) trans-Pacific container shipping service between the U.S. West Coast, Guam and China. Read More »

Crowley’s Black named Director, Product Logistics & Engineering

AJOT | October 25, 2011 | Liner Shipping

Crowley Maritime Corp. has announced that it has named Ken Black director of product logistics and engineering. He will continue to be based in Jacksonville and report to Steve Collar, senior vice president and general manager, logistics. Read More »

CMA CGM Group to upgrade its ASEA service between Asia, Kenya & Tanzania

AJOT | October 25, 2011 | Liner Shipping

CMA CGM Group is pleased to announce the upgrading of its ASEA service connecting Asia, Kenya and Tanzania, effective since October 12th, 2011. Read More »

Weak freight rates spur more shipping deals

AJOT | October 17, 2011 | Liner Shipping

The global shipping industry could see robust dealmaking activity in coming years as weak freight rates caused by vessel overcapacity spur firms to consolidate to cut costs and get better access to capital, according to senior industry bankers. Read More »

NOL’s revenue per container fell 19 pct in 4 weeks to Sept 23

AJOT | October 17, 2011 | Liner Shipping

Singapore's Neptune Orient Lines , the world's seventh largest container shipping firm, reported a 19 percent fall in average revenue per container as shipping rates plunged. Read More »

New Zealand team pumps oil from stricken ship

AJOT | October 17, 2011 | Liner Shipping

Salvage teams pumped oil from a stricken container ship off the New Zealand coast, ahead of bad weather which could split the vessel into two and spew more oil onto beaches. Read More »

Horizon Lines names Rodriguez VP Sales& Marketing, Eastern Region

AJOT | October 17, 2011 | Liner Shipping

Horizon Lines, Inc., the nation's leading domestic ocean shipping company, announced that Joe Rodriguez has been named Vice President, Sales and Marketing, Eastern Region, for the company's Horizon Lines, LLC operating subsidiary. Read More »

CMA CGM, MSC & CSAV to reshuffle their service between Asia, Mexico, Central America & West Coast of

AJOT | October 17, 2011 | Liner Shipping

CMA CGM Group, MSC and CSAV have announced the reshuffling of their service linking Asia, Mexico, Central America and West Coast of South America. Read More »

APL appoints North Asia regional head

AJOT | October 17, 2011 | Liner Shipping

APL, the world's seventh largest container shipping line, has announced the appointment of Wong Siew Loong as Regional President of its North Asia business. Read More »

Hamburg S’d christening of the Santa Rosa in Buenos Aires

AJOT | October 11, 2011 | Liner Shipping

Recently, the container ship 'Santa Rosa' of the shipping company Hamburg S'd was christened in Buenos Aires (Argentina) in the presence of 250 customers and guests from politics and business. The sponsor of the 'Santa Rosa' was Sabine Vespermann, wife of Read More »