Liner Shipping

TUI AG nears deal on Hapag-Lloyd

AJOT | February 05, 2012 | Liner Shipping

German travel and logistics group TUI is close to a deal to sell part of its stake in container shipping company Hapag-Lloyd to its majority shareholder, the Albert Ballin consortium, two people close to the talks said. Read More »

Bj’rk.Eklund Group changes its name to Greencarrier AB

AJOT | February 01, 2012 | Liner Shipping

The Bj'rk.Eklund Group is changing its name to Greencarrier AB with effect from February 1, 2012. Previously the Greencarrier name had only been used by companies that formed part of Greencarrier Freight Services, the division of the Bj'rk.Eklund Group of Read More »

China shipping stocks up in HK on freight rate rise hopes

AJOT | February 01, 2012 | Liner Shipping

Shares of Hong Kong-listed Chinese shipping companies have rallied along with Asian rivals amid hopes they will be able to increase freight rates and expectations that Beijing's move to ban a new class of giant freight carriers from the country's ports co Read More »

Klinge makes offshore refrigerated container that meets ATEX Directive 94/9/EC for use

AJOT | February 01, 2012 | Liner Shipping

Nearly two years after the Deepwater Horizon oil spill, demand for offshore refrigerated containers continues to rise. Klinge Corporation has responded to the demand and now offers an offshore refrigeration unit Model PFR-571 ZII-II that complies with the Read More »

Effective March 1st 2012, MSC will implement rate surcharge

AJOT | February 01, 2012 | Liner Shipping

Effective March 1st 2012, MSC will implement the following rate surcharge: Read More »

APL’s 2011 on-time record in Trans-Pacific is 94%

AJOT | January 31, 2012 | Liner Shipping

APL, the world's seventh largest container shipping carrier, has announced that its on-time performance in the Trans-Pacific trade was 94% last year. Read More »

CMA CGM announces a new tripartite agreement with CSCL and UASC on the Asia - Middle East line

AJOT | January 31, 2012 | Liner Shipping

As part of this agreement with CSCL and UASC, CMA CGM announces the reorganisation of its CIMEX 1 service on the Asia-Middle East market as from February 2nd 2012. Read More »

Hamburg S’d consolidates terminals in Seattle

AJOT | January 31, 2012 | Liner Shipping

Hamburg S'd will consolidate its terminal operation in Seattle. Read More »

Hamburg S’d to announce change in chassis provisioning model in New York & New Jersey

AJOT | January 31, 2012 | Liner Shipping

Hamburg S'd will implement a revised policy on chassis provision in the New York & New Jersey areas effective March 15, 2012. Read More »

Horizon Lines reaches resolution on environmental record keeping incident

AJOT | January 31, 2012 | Liner Shipping

Horizon Lines, Inc. has announced that its Horizon Lines, LLC operating subsidiary has entered into an agreement with the U.S. Department of Justice, under which the ocean cargo carrier will plead guilty to two counts of providing federal authorities with Read More »

Maersk Line leads fuel switch at the Port of Virginia

AJOT | January 31, 2012 | Liner Shipping

Maersk Line will switch to low-sulfur fuel while at berth for all of its containerships calling the Port of Virginia starting in February. This fuel switch program will help improve air quality in the greater Hampton Roads area by significantly reducing e Read More »

MOL appoints new shipping agent in Turkey

AJOT | January 31, 2012 | Liner Shipping

Mitsui O.S.K. Lines (MOL), one of the world's largest global multimodal transportation companies, has announced the appointment of a new shipping agent in Turkey. Read More »

NOL’s revenue per container fell 14% in 6 weeks

AJOT | January 31, 2012 | Liner Shipping

Singapore's Neptune Orient Lines (NOL), the world's sixth largest container shipping firm, said average revenue per container fell 14 percent in the six weeks to Dec 30 due to lower rates in major trade lanes. Read More »

Sick Maersk chief extends absence to end-March

AJOT | January 31, 2012 | Liner Shipping

A.P. Moller-Maersk's sick chief executive is to stay away from his desk for a further two months, leaving the company to tackle mounting losses in its main container shipping division without him. Read More »

TRADE ANNOUNCEMENT - SCOPE: USA TO S. AFRICA

AJOT | January 24, 2012 | Liner Shipping

General Rate Increase (GRI) for S. African Southbound cargo (ex USA) - effective March 1st , 2012. Read More »

The New World Alliance to launch new trans-Atlantic service

AJOT | January 19, 2012 | Liner Shipping

The New World Alliance (TNWA) ' APL Co. Pte Ltd (APL), Hyundai Merchant Marine (HMM) and Mitsui OSK Lines (MOL) have announced the launch of a new Trans-Atlantic service connecting Europe and the UK with the US East Coast and Panama. Read More »

China’s CSCL warns of yearly net loss in 2011

AJOT | January 16, 2012 | Liner Shipping

China Shipping Container Lines Co Ltd said it expected to post a net loss for 2011 amid a slow recovery of the U.S. economy, an ongoing European debt crisis and tamed Chinese economic growth. Read More »

Safmarine announces three new senior appointments

AJOT | January 16, 2012 | Liner Shipping

Safmarine has announced the appointment of three experienced Safmariners as senior members of the newly-established Safmarine commercial team which will be headed by Grant Daly, Safmarine's new CEO. Read More »

ECU LINE opening four new offices in China

AJOT | January 16, 2012 | Liner Shipping

The new ECU-LINE offices in China have become fully operational. Read More »

Maersk says unable ship goods into Nigeria ports

AJOT | January 11, 2012 | Liner Shipping

Container group Maersk Line's ships carrying food and consumer goods are stuck outside Nigeria's ports as a fourth day of nationwide strikes have brought terminals to a standstill, a senior company official said. Read More »