Liner Shipping

High bunker costs to hit shippers on the spot freight market

AJOT | April 12, 2011 | Liner Shipping

Maritime companies that trade more of their vessels on the spot freight market and on shorter intra-Asia trade routes are most likely to feel the heat from soaring bunker costs, industry executives said.

Singapore's benchmark bunker price reached 2-1/ Read More »

Nuclear fears keep shippers wary of travel to Japan

AJOT | April 12, 2011 | Liner Shipping

Foreign crew members remain hesitant to travel near Japan's quake-crippled nuclear plant, including to some ports outside the exclusion zone, forcing shippers to use Japanese vessels instead to transport goods, senior industry executives said. Read More »

Global container market to rebound in second half this year

AJOT | April 12, 2011 | Liner Shipping

The global container market is set to rebound in the third quarter after a sharp downturn driven by overcapacity and limited demand, senior industry executives said.

Container freight rates on the benchmark Asia-European route tumbled by about half in Read More »

It was a pleasing 2010 business year for Hamburg S’d

AJOT | April 12, 2011 | Liner Shipping

Following the historic crisis year of 2009 and a first-time ever decline in global transports in container liner shipping, 2010 saw an unexpectedly sharp volume rise.

Hamburg S'd, too, benefited from a resurgent world economy along with her Brazilian Read More »

CMA CGM to resume Ivory Coast port calls

AJOT | April 12, 2011 | Liner Shipping

French container shipping group CMA CGM is to resume services to Ivory Coast, with a first ship due to arrive in Abidjan on April 18th, the company said.

The decision followed the lifting of European Union sanctions against Ivory Coast and a gradual r Read More »

Gabrielson and Schember honored at Connie Awards Dinner

AJOT | April 10, 2011 | Liner Shipping

Rick Gabrielson, Director of International Transportation for Target Corporation and George Schember, Vice President Corporate Transportation and Logistics for Cargill were each presented with Connie Awards by the Containerization & Intermodal Institute ( Read More »

Evergreen, COSCON, PIL and Wan Hai to jointly launch a new WCSA service

AJOT | April 10, 2011 | Liner Shipping

Evergreen Line, COSCO Container Lines (COSCON), Pacific International Lines (PIL) and Wan Hai Lines (WHL) will jointly launch a new service linking the Far East and the West Coast of South America (WCSA). Read More »

Shipco expands service coverage into Brazil

AJOT | April 10, 2011 | Liner Shipping

Shipco Transport, one of the world's leading neutral NVOCCs, has started a fortnightly, direct intact less-than-container load ocean freight service from Miami into Itajai, Brazil. Read More »

Evergreen, Wan Hai, MOL and Seacon announce joint service linking Singapore/Malaysia to East Africa

AJOT | April 10, 2011 | Liner Shipping

Evergreen Line, Wan Hai Lines (WHL), Mitsui O.S.K. Lines (MOL) and Seacon have announced a weekly joint service commencing in late April serving the Asia East Africa service (AEF).


Since May 2010, Evergreen and WHL have been operating the liner Read More »

Pasha Hawaii finalizes design for second ship

AJOT | April 10, 2011 | Liner Shipping

Honolulu-based Pasha Hawaii announced the final design specifications for their second ship, currently under construction with VT Halter Marine, Pascagoula, MS. The ship will be a combination Container and Roll-On/Roll-Off Car Truck Carrier ('ConRo') base Read More »

Crowley reestablishes second weekly sailing to Haiti from the Dominican Republic and S.  Florida

AJOT | April 10, 2011 | Liner Shipping

To better meet the needs of customers shipping to Haiti from the Dominican Republic and South Florida, Crowley Maritime Corp. has enhanced its liner container shipping services by renewing its second fixed-day sailing to Port-au-Prince from Rio Haina and Read More »

NOL appoints two Asia business veterans to Board

AJOT | April 10, 2011 | Liner Shipping

Low Check Kian, Chairman, Asia for NewSmith Capital Partners; and Dr. Wu Yibing, President of CITIC Private Equity Funds Management Co.; joined the Board on April 14th. One day earlier, Directors Simon Israel and Dr. Friedbert Malt retired from the Board Read More »

Maersk hopes to make Abidjan port call

AJOT | April 10, 2011 | Liner Shipping

Maersk hopes to make its first call to Ivory Coast's Abidjan port this week since sanctions were lifted by the European Union, the company said.

"For exports, we were scheduling for the first call on April 13," said Sonny Dahl, director of West Africa Read More »

TUI says in talks over Hapag stake sale

AJOT | April 10, 2011 | Liner Shipping

German travel group TUI is in talks to sell a stake in its container shipper Hapag-Lloyd, but declined to confirm that a deal with a unit of Oman's sovereign wealth fund has already been struck.

An official at Onyx Investments Ltd, which is owned by t Read More »

Germany rejects troop boost to protect shippers

AJOT | April 10, 2011 | Liner Shipping

Germany is not planning to deploy military or police on merchant vessels as requested by shippers to protect them from pirates operating off Somalia, a senior defence official said.

The idea, floated by trade associations as another way to aid German Read More »

APL upsizes North Asia Philippines Express

AJOT | April 10, 2011 | Liner Shipping

Container shipping leader APL has expanded its North Asia Philippines Express (NPX) feeder service to cover Central China and Manila in the Philippines beginning this month. Service enhancements also include two weekly calls to Manila from Kaohsiung for i Read More »

NYK provides free land transport of relief supplies by container trailer

AJOT | April 10, 2011 | Liner Shipping

NYK has set up the 'Third Relief Supplies Hotline' in cooperation with the Japan Federation of Economic Organizations, and will provide free land transport of relief supplies to Japan earthquake and tsunami affected areas using container trailers of Nippo Read More »

Japan ship enters Hong Kong after radiation checks

AJOT | April 10, 2011 | Liner Shipping

A Japanese ship denied entry to a Chinese port over radiation concerns last month was allowed into a Hong Kong port, owner Mitsui O.S.K. Lines said.

The container ship, the MOL Presence, was rejected by Chinese authorities when it arrived at the port Read More »

Puerto Rico Ports Authority and Crowley Puerto Rico Services on the container inspection system

AJOT | April 03, 2011 | Liner Shipping

The Puerto Rico Ports Authority ("PRPA") and Crowley Puerto Rico Services, Inc., ("Crowley") have announced plans to allow limited testing of container cargo inspection scanning operations beginning today at the Crowley marine terminal facility in San Jua Read More »

Maersk Line offers new Nansha port call on TP 6

AJOT | April 03, 2011 | Liner Shipping

Maersk Line has announced a direct port call to the Port of Nansha on the Trans-Pacific 6 (TP6) service to start May 2 with the Mette Maersk westbound call. The Port of Nansha is located southeast of Guangzhou, the third largest city in China. The West Read More »