AJOT Digital Edition
Issue #587

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Project Cargo / Heavy Lift Bi-Annial

South Carolina Ports

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2014 Media Kit

Liner Shipping

Page 95 of 151 pages ‹ First  < 93 94 95 96 97 >  Last ›

Maersk tycoon, age 96, going strong

AJOT | April 25, 2010 | Liner Shipping

Danish shipping magnate Maersk Mc-Kinney Moller, who will turn 97 this July, is in good health and shows up to work daily at the headquarters of A.P. Moller-Maersk his secretary said.

Moller did not attend Queen Margrethe's 70th birthday bash Read More »

Hamburg S’d defies crisis

AJOT | April 25, 2010 | Liner Shipping

Hamburg S'd, too, was gripped by the world economic and shipping crisis. At 2.3 billion TEU, shipment volume in the liner business was 13 per cent down on the previous year and freight rates dropped significantly. Turnover consequently fell 28 per cent to Read More »

China COSCO sees better 2010 after weak H2 results

AJOT | April 25, 2010 | Liner Shipping

Shipping conglomerate China COSCO Holdings said it expected its liners to have better operating results in 2010 after posted worse-than-expected second-half losses on weak shipping demand.

Container freight rates have been rising since the la Read More »

Maersk’s new Halifax line to serve lobster trade

AJOT | April 25, 2010 | Liner Shipping

The world's biggest container shipper, Maersk Line, has opened a route from Halifax in Nova Scotia to Rotterdam to meet growing demand for transport of live shellfish, Maersk and its partner Aqualife said. Since 2005 Maersk Line, which belongs to Danish o Read More »

Horizon Lines posts wider-than-expected Q1 loss

AJOT | April 25, 2010 | Liner Shipping

Container shipping company Horizon Lines Inc reported a wider-than-expected first-quarter loss hurt by high fuel costs and increased contractual labor expenses.

For the quarter, the company's net loss was $13.2 million, or 43 cents a share, c Read More »

Premium Article  OCR 2010: Will increases to box ship fleets scuttle recovery?

George Lauriat | April 18, 2010 | Liner Shipping

There is an old saying about boats: ‘they’re just a hole in the ocean to pour money’. And with really big boats, say container ships, it’s not only the one huge hole in the ocean but also a couple of landside holes to boot. Which begs the question, wha Read More »

Premium Article  Getting paid for going green

Peter Buxbaum | April 18, 2010 | Liner Shipping | Ports & Terminals

Carrier calling on Seattle receive payments for burning cleaner fuels
Although volumes of cargo in international trade have been down lately, the trend line over the last decade or more as been strongly in the positive direction. This has le Read More »

COSCO cautiously starts capacity restoration on CEN servive

AJOT | April 18, 2010 | Liner Shipping

COSCO Container Lines will restore capacity on their CEN service by bringing back six 7500 TEU vessels to replace the six current 5500 TEU vessels, starting April 24th; the phase in will be completed by the end of May. Along with restoring capacity on thi Read More »

UASC Secures Multi-Currency Ship Financing of US$2

AJOT | April 18, 2010 | Liner Shipping

United Arab Shipping Company (UASC) has concluded a multi-currency US$275 million term loan facility on a 'club deal' basis. The funds have been secured to finance UASC's acquisition of three A13 type container vessel new buildings, each with a capacity o Read More »

Maersk: 2010 freight rates at break-even at best

AJOT | April 18, 2010 | Liner Shipping

Maersk Line, the world's biggest container shipping company, sees 2010 freight rates reaching break-even at best on the back of a slow recovery in demand, its chief operating officer said.

In presentation material for the 12th Global Liner Sh Read More »

MOL Announces Changes to Africa Trade Network

AJOT | April 18, 2010 | Liner Shipping

Mitsui O.S.K. Lines (MOL, President: Akimitsu Ashida) announced changes in its services related to the Africa trade.
Aiming for more stable service and schedule integrity, Mozambique Zuid Africa Service (MZX) will cover Durban, which is currently c Read More »

Evergreen Marine to bolster box ship fleet

AJOT | April 18, 2010 | Liner Shipping

According to press reports, Taiwan's Evergreen Marine, the world's fourth largest shipping firm, said it plans to spend more than US$5 billion on newbuildings.
The company is planning on adding 100 container vessels to the group fleet of around 150 Read More »

Premium Article  Rebuilding NE – Nova Scotia Marine Services

AJOT | April 11, 2010 | Liner Shipping | Ports & Terminals | Transport Intermediaries

Build it and the freight will come. John Hudson, President of Atlantic Maritime Transit Agency in Boston, is seeking to build a coalition of stakeholders to restore steamship service between New England and the Canadian Maritimes. The coalition made up of Read More »

Premium Article  New York-New Jersey-New England Northeast is increasingly served by NYNJ

Peter Buxbaum | April 11, 2010 | International Trade | Liner Shipping | Ports & Terminals | Transport Intermediaries

United Liquors is an importer of alcoholic beverages headquartered in West Bridgewater, MA, distributing its products largely in Massachusetts, New Hampshire, and Vermont. The port of Boston is the closest and arguably most convenient port from which to d Read More »

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