Liner Shipping

Maersk Line, Limited and Apex Offshore Wind Energy partner to bring offshore wind energy to…

AJOT | October 11, 2011 | Liner Shipping

Apex Offshore Wind, LLC and Maersk Line, Limited have announced that they have established a working relationship to support the development, financing and construction of utility-scale offshore wind energy facilities in North America. Read More »

CMA CGM has no plans to purchase vessels

AJOT | October 11, 2011 | Liner Shipping

Responding to information circulating recently, CMA CGM Group states that it has no short term plans to either purchase or long-term charter-in any vessels.

The Group has a modern fleet of 408 ships, of which 92 are owned, that enable it to meet the c Read More »

New Zealand charges captain of stricken ship as cracks appear

AJOT | October 11, 2011 | Liner Shipping

The captain of a stricken container ship wedged on a reef off a New Zealand holiday spot appeared in court as fear grew the vessel may break up spewing more fuel-oil on to beaches in the country's worst environmental disaster in decades.

The 47,230-to Read More »

APL tests supply chain security with help of FBI and others

AJOT | October 11, 2011 | Liner Shipping

APL and law enforcement officials including the FBI successfully tested anti-terrorism capabilities at the shipping line's Seattle, Washington marine terminal. It was the seventh full-scale security exercise conducted by the global container carrier in t Read More »

WTSA US-ASIA container freight rate increases reaffirmed

AJOT | October 11, 2011 | Liner Shipping

Transpacific container lines have completed their sector-by-sector assessment of freight rates from the U.S. to Asia, and have confirmed their intent to implement guidelines calling for increases aimed at recovering costs and restoring rates for key movin Read More »

Maersk Liner Business to integrate Safmarine corporate functions into

AJOT | October 04, 2011 | Liner Shipping

Maersk Line

Safmarine has announced the intention to integrate its internal support and management functions into those of its sister company Maersk Line. Read More »

Crowley acquires 400 additional 53’ containers

AJOT | October 04, 2011 | Liner Shipping

To better serve customers shipping cargo between the U.S. mainland and Puerto Rico, Crowley Maritime Corporation has acquired 400 53-foot (102' wide) dry high-cube containers and 375 53-foot chassis, adding to the company's already robust equipment fleet Read More »

Container shipping rates dive in Q3, outlook bleak

AJOT | October 04, 2011 | Liner Shipping

The world's container shipping market may remain bleak for the rest of the year, after seeing shipping rates halved in the third quarter as western buyers tighten their purse strings amid growing fears of a global recession, an expert said. Read More »

Container ship hits reef off major New Zealand port

AJOT | October 04, 2011 | Liner Shipping

A container ship struck a reef off New Zealand and has taken on water near the country's biggest export port, marine authorities said. Read More »

WTSA Lines take commodity-specific approach on rates

AJOT | October 02, 2011 | Liner Shipping

As freight rates for many major commodity categories have approached unsustainable levels in recent months in the U.S.-Asia trade lane, container lines in the Westbound Transpacific Stabilization Agreement (WTSA) have undertaken an extensive review of rat Read More »

Upgraded shipping service will help boost African trade

AJOT | October 02, 2011 | Liner Shipping

Shipping line Safmarine says the addition of Beira and an eastbound Toamasina call on a weekly shipping service between Southern Africa and Asia, the Safari 3 service, will help boost trade between southern Africa and Asia. Read More »

Shipping lines add new service to Napoleon Avenue Container Terminal

AJOT | October 02, 2011 | Liner Shipping

CMA CGM and CSAV have announced the addition of New Orleans to the Gulf Bridge Express service, which links the Gulf Coast with the Caribbean and South and Central American ports. Read More »

NOL Group succession complete: new CEO takes over in October


AJOT | October 02, 2011 | Liner Shipping

NOL Group said it has completed the transition to a new CEO and that Ng Yat Chung will take the helm of the global transport and logistics company October 1st. Mr. Ng, a NOL Executive Director since May, will succeed Ron Widdows who retires from the comp Read More »

MSC will increase rates from the US to the Far East

AJOT | October 02, 2011 | Liner Shipping

Effective November 1st, 2011, MSC will increase rates from the United States, all coasts, to the Far East as follows: Read More »

Dong Fang joins IICL

AJOT | October 02, 2011 | Liner Shipping

The Institute of International Container Lessors (IICL) has announced that Dong Fang International Asset Management Ltd. (Dong Fang) has joined the IICL. Read More »

Michaels Stores, Inc. names MOL ‘Transportation Partner of the Year’

AJOT | September 27, 2011 | Liner Shipping

Michaels Stores, Inc. has named Mitsui O.S.K. Lines (MOL) one of its top two transportation partners for 2011. The announcement took place at the Irving, Texas-based company's 14th Annual Vendor CEO Summit. Read More »

TSA leadership structure continues to evolve

AJOT | September 27, 2011 | Liner Shipping

With the recent expiry of Hanjin Shipping Co. Ltd. President and CEO Y.M. Kim's term as chairman, the Transpacific Stabilization Agreement (TSA) has taken a further step in the evolution of its leadership structure. The carrier research and discussion for Read More »

Grimaldi newbuild GRANDE SIERRA LEONE to reinforce ConRo fleet on Hamburg’West Africa…

AJOT | September 27, 2011 | Liner Shipping

Overnight from September 25th to 26th, the GRANDE SIERRA LEONE docked at the Unikai terminal at the Port of Hamburg for the first time. It is the first sailing of the newbuild in the West Africa service operated by Grimaldi Lines. Read More »

Tiger Group to bet big on containerships

AJOT | September 27, 2011 | Liner Shipping

Maritime investment firm Tiger Group could "very easily" buy as many as 50 large containerships in the next two years, betting that the box ship industry will see the most growth in traditional freight markets, the firm's managing director said.

The H Read More »

World Shipping Council adds new board members and keeps Widdows as Chairman

AJOT | September 27, 2011 | Liner Shipping

At its membership meeting in Seoul, the World Shipping Council (WSC) membership elected Mr. Wan Min, Managing Director of COSCO Container Lines and Dr. Ottmar Gast, Chairman of the Executive Board of Hamburg S'd to two year terms on its Board of Directors Read More »