Liner Shipping

Evergreen Line will launch KCS service

AJOT | July 27, 2011 | Liner Shipping

In order to continuously provide an improved network to customers, Evergreen Line will launch a new Kaohsiung-Cebu feeder Service (KCS Service) - effective from late July.

Evergreen Line will deploy one 950-TEU ship with a rotation: Kaohsiung - Cebu - Read More »

CMA CGM sees 2011 profitable

AJOT | July 27, 2011 | Liner Shipping

French privately held shipping company CMA CGM expects to stay in the black this year despite pressure on freight rates and is preparing to resume investing in new vessels, Lloyd's List said.

"I will not say we are doing very well because it is not li Read More »

MOL adopts low-friction ship-bottom paint

AJOT | July 25, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. Has announced the adoption of a new low-friction ship-bottom paint 'Seaflo Neo' developed by Chugoku Marine Paint, Ltd. After analyzing the results of an onboard test with a newbuilding vessel, the company confirmed that the new Read More »

Hamburg S’d to announce change in chassis provisioning model in Oakland, CA

AJOT | July 25, 2011 | Liner Shipping

Hamburg S'd will implement a revised policy on chassis provision in the Oakland area effective September 15, 2011. Today, Hamburg S'd sources chassis out of Ports America Outer Harbor, for both merchant haulage as well as carrier conducted intermodal move Read More »

Crowley names Cosgrove VP of Marine Operations for Liner Services

AJOT | July 25, 2011 | Liner Shipping

Crowley Maritime Corp. has announced that Cole Cosgrove has assumed the role of vice president of marine operations for Crowley's liner services groups. Cosgrove will continue to work out of the company's Jacksonville office while reporting to John Hourih Read More »

TUI struggling to divest Hapag-Lloyd

AJOT | July 25, 2011 | Liner Shipping

TUI AG is pushing back the deadline for the planned divestment of a stake in Hapag-Lloyd again as it struggles to find a buyer, five people familiar with the process said.

"We need a more stable market environment. At the moment it is impossible to ge Read More »

NOL carries 5% more cargo in 4 weeks to July 1

AJOT | July 25, 2011 | Liner Shipping

Singapore's Neptune Orient Lines (NOL) , the world's seventh largest container shipping firm, reported a 5 percent rise in its cargo in the four weeks period to July 1 from a year ago but weakness in Asia-Europe rates pushed its average revenue lower by 1 Read More »

Hamburg S’d christens Santa Cruz in Shanghai

AJOT | July 25, 2011 | Liner Shipping

On July 23, 2011, as part of a customer event, Hamburg S'd christened the container ship Santa Cruz in Shanghai. Sponsor of the Santa Cruz was Heike Schmidt, wife of Dr Heino Schmidt, Member of the Executive Board of Hamburg S'd. Read More »

MOL donates 6 reefer containers to disaster areas

AJOT | July 24, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced that the company has donated six 20-foot reefer containers to the Soma-Futaba Fisheries Cooperative Association as part of its support activities for the disaster-stricken areas.

The freezing and refrigeration facil Read More »

Safmarine wins prestigious Ocean Award

AJOT | July 24, 2011 | Liner Shipping

Shipping line Safmarine recently won the Ocean Award at CEVA Logistics' Global Supplier Awards at a function hosted by CEVA's CEO John Pattullo, Bruno Sidler COO and Simon Boggis CPO in Stradella, Italy.

This is the first Global Supplier Awards for CE Read More »

First sailing of American Feeder Lines handles over 100 teus

AJOT | July 24, 2011 | Liner Shipping

AFL's first sailing in the Halifax-Portland-Boston feeder service gets off to a strong start.

AFL's first voyage departed from Halifax, Nova Scotia with 110 TEU onboard. The cargo was a mixture of both full and empty containers destined for calls i Read More »

Sino-Global Shipping signs deal to expand China services

AJOT | July 24, 2011 | Liner Shipping

Sino-Global Shipping America Ltd has signed an agreement with COSCO Container Shipping Agency to expand its agency services in China.

COSCO Container Shipping Agency is a unit of COSCO Container Lines Co Ltd and has more than 50 offices in Chinese coa Read More »

Cleartrade, Drewry to launch container index

AJOT | July 18, 2011 | Liner Shipping

Drewry Shipping Consultants and Cleartrade Exchange will launch a Europe-based container index in September, providing weekly freight rates that shippers can use to hedge against future risk, though top companies will likely not participate. Read More »

Consolidation surges to record high in liner industry

AJOT | July 14, 2011 | Liner Shipping

Consolidation in the liner industry has surged to a record high as small start-up carriers find it increasingly difficult to compete against Maersk Line and other majors, an industry consultancy group said.

Industry leaders have placed multi-billion d Read More »

Maersk Line Ltd. wins US Navy prepositioning operation and maintenance contract

AJOT | July 14, 2011 | Liner Shipping

Maersk Line, Limited (MLL) has been awarded a multi-year contract for the operation and maintenance of five container and roll-on/roll-off ships in support of the Military Sealift Command's (MSC) and the Marine Corps Prepositioning Program. Read More »

WSC & MLIT submit proposal for new design and implementation of the Vessel Efficiency Incentive…

AJOT | July 13, 2011 | Liner Shipping

The World Shipping Council (WSC) and Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) in February 2011 submitted a joint proposal to the International Maritime Organization (IMO) to consider a new Vessel Efficiency Incentive Scheme ( Read More »

Hamburg S’d rationalizes its North Europe ’ Eastern Mediterranean services

AJOT | July 13, 2011 | Liner Shipping

In response to unfavourable trading conditions, Hamburg S'd will rationalize its services between North Europe and the Eastern Mediterranean. From the first week of August onwards, the existing two-sling concept is to be reconfigured with the aim to ensur Read More »

Zepol reports June vessel imports decrease 4.57%

AJOT | July 13, 2011 | Liner Shipping

Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for June, measured in TEUs, decreased 4.57% from May and 7.38% from June of 2010. The total number of shipments also decreased 4.79% from May and more than Read More »

New World Alliance to suspend Transpacific Service (PSW)

AJOT | July 13, 2011 | Liner Shipping

The New World Alliance (TNWA) ' APL Co. Pte Ltd (APL), Hyundai Merchant Marine (HMM) and Mitsui OSK Lines (MOL) today announced suspension of the PSW Transpacific service (Pacific Southwest Service). Read More »

CMA CGM Group offers new railroad shuttle 
between Zeebrugge and Duisburg

AJOT | July 10, 2011 | Liner Shipping

The CMA CGM Group has announced the reinforcement of its intermodal offer with the introduction of a railroad service, connecting Zeebrugge's port and Duisburg's tri-modal hub, which started mid-June.

This fifth shuttle, the only one on the market, co Read More »