Liner Shipping

Safmarine launches Android e-Shipping application

AJOT | January 11, 2012 | Liner Shipping

The release of a new Safmarine shipping application for all mobile devices using the Android operating system will allow Safmarine customers to access and download essential shipping information from these devices, anywhere and at any time of day. The lau Read More »

Stern of wrecked cargo ship slipping off NZ reef

AJOT | January 11, 2012 | Liner Shipping

The stern section of a stricken cargo ship is slipping off a New Zealand reef where it has been stuck for three months and is in danger of sinking, authorities said, complicating salvage efforts in one of the nation's worst environmental disasters. Read More »

MOL training ship Spirit of MOL transports aid supplies in Mindanao, the Philippines

AJOT | January 05, 2012 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. has announced that its training ship, the Spirit of MOL (*1) has delivered aid supplies to Misamis Oriental Province on Mindanao Island, the Philippines, which suffered severe damage from typhoon Sendong (International name: Wash Read More »

Maersk to pay $32 million to settle overbilling suit

AJOT | January 03, 2012 | Liner Shipping

Maersk Line Limited has agreed to pay $31.9 million to settle claims it overcharged the U.S. military for transporting cargo to support American troops in Afghanistan and Iraq, the U.S. Justice Department said. Read More »

Crowley acquires 500 new 40-foot high-cube containers

AJOT | January 03, 2012 | Liner Shipping

Crowley Maritime Corporation's liner services group is continuing to grow and update its equipment fleet to better serve customers with the addition of 500 new 40-foot, high-cube containers. The acquisition adds to the company's already robust equipment f Read More »

Cheng Wai Keung to retire as NOL Chairman

AJOT | December 29, 2011 | Liner Shipping

NOL Group announced that its Chairman, Cheng Wai Keung, will retire from the NOL Board after its annual general meeting scheduled in April 2012. Read More »

Klinge Corporation’s new freezer unit is tailored for ocean shipment of ultra-low temperature cargo

AJOT | December 29, 2011 | Liner Shipping

Klinge Corporation debuted its new freezer unit at Intermodal Europe recently, nearly one year after the company's acquisition of Norfrig Equipment, a supplier of ultra-low temperature equipment. The NMF-371 freezer unit maintains cargo between 32'F to -7 Read More »

Evergreen Line to enhance cooperation with CKYH on Asia-Europe /Mediterranean trade

AJOT | December 27, 2011 | Liner Shipping

Evergreen Line, together with CKYH-the Green Alliance, has announced that all parties intend to enhance highest frequency of service loops, expedition of delivery terms and full scale of port coverage in their services. They have also agreed strengthen co Read More »

Hamburg S’d and MSC fuse Mediterranean ’ South America East Coast services

AJOT | December 22, 2011 | Liner Shipping

In view of continuous poor trading conditions and replacing its current service set up, effective from mid January 2012 Hamburg S'd and MSC will restructure their services between the Mediterranean and South America East Coast. The two currently separate Read More »

HNA says overseas acquisitions to continue in 2012

AJOT | December 22, 2011 | Liner Shipping

China's HNA Group, which recently bought General Electric Co's container leasing unit for $1 billion, said that it will continue to invest in foreign projects next year, aiming for overseas assets to make up two-fifths of its total assets in 3-5 years. Read More »

Grand, New World shipping lines create new Far East - Europe alliance

AJOT | December 21, 2011 | Liner Shipping

Six leading container shipping lines have agreed to create one of the largest vessel networks in the Far East-to-Europe trade lane. Read More »

Hamburg S’d restructuring services from Europe

AJOT | December 20, 2011 | Liner Shipping

Responding to changing market conditions and subject to approval by the Federal Maritime Commission (FMC), as from February 2012, Hamburg S'd will restructure its services from North Europe and Mediterranean to Central and South America West Coast as well Read More »

New CEO of Maersk Line

AJOT | December 20, 2011 | Liner Shipping

S'ren Skou has been appointed new CEO of Maersk Line with effect from 16 January 2012. S'ren Skou was previously CEO of Maersk Tankers and replaces Eivind Kolding who is leaving Maersk Line to become Chairman of the Executive Board of Danske Bank. Read More »

CMA CGM introduces the New Black Pearl Service

AJOT | December 20, 2011 | Liner Shipping

The CMA CGM Group has announced the launch of the new Black Pearl service, a better and faster direct service between the East Coast of North America and the West Coast of South America (Panama, Peru and Chile). This new service is part of the oper Read More »

Maersk Line drops vessel sharing deal with CMA CGM

AJOT | December 15, 2011 | Liner Shipping

Maersk Line will discontinue a vessel sharing agreement with CMA CGM in mid-Feburary and further develop its Daily Maersk service, Maersk said. Read More »

Seaspan to buy back shares at big premium

AJOT | December 15, 2011 | Liner Shipping

Seaspan Corp said it will buy back up to 10 million of its class A shares at a 43 percent premium, as the container shipping company looks to reassure investors amid a difficult freight market. Read More »

TTS lands historic winch order

AJOT | December 15, 2011 | Liner Shipping

TTS Marine GmbH in Bremen has won a contract to provide the anchor- and mooring winch system for the largest container vessels ever built. The agreement with Daewoo Shipbuilding & Marine Engineering Co. (DSME) in South Korea comprises the delivery of elec Read More »

APL sees difficult freight market in 2012

AJOT | December 13, 2011 | Liner Shipping

Shipping firms are operating in an unsustainable economic environment with prospects unlikely to improve much in 2012 due to high fuel prices, low freight rates and slowing demand, said the head of the world's sixth largest container firm. Read More »

Evergreen Line launches a weekly VMI service between 
Vietnam, Malaysia and Indonesia

AJOT | December 13, 2011 | Liner Shipping

In line with the trade growth and increasing capacity demand in intra-Asia trade, Evergreen Line has just introduced a weekly Vietnam-Malaysia-Indonesia (VMI) service from early December to enhance its Southeast Asia service network. Read More »

Maersk and the US Navy collaborate on biofuel initiative

AJOT | December 13, 2011 | Liner Shipping

Maersk and the US Navy are testing algae-based biofuel on the container ship Maersk Kalmar. The ship is en route from Northern Europe to India. Read More »