Liner Shipping

NOL Group reports US$67 million loss in first half of 2011

AJOT | August 11, 2011 | Liner Shipping

Global container shipping and logistics group Neptune Orient Lines (NOL) has reported a net loss of US$67 million for the first half of 2011 compared to a US$1 million net profit in the same period a year ago. The Group said it lost US$57 million in the Read More »

Pasha Hawaii cuts steel for second vessel

AJOT | August 11, 2011 | Liner Shipping

Honolulu-based Pasha Hawaii has announced the MV Marjorie C's first steel plate was cut, launching the official start of construction for the company's second vessel. The steel was cut at VT Halter Marine's shipyard in Pascagoula, MS. The Marjorie C Read More »

Matson to discontinue CLX2 Service; commitment to CLX1 reaffirmed

AJOT | August 11, 2011 | Liner Shipping

Citing sustained high fuel prices, downward rate pressure and overcapacity in the Transpacific trade, Matson announced that it is discontinuing in late August its expanded China ' Long Beach Express service (CLX2), which includes service to and from Hong Read More »

Crowley scheduled for inaugural Tampa Port call in Central American Ro/Ro service

AJOT | August 11, 2011 | Liner Shipping

Crowley Maritime Corp. has plans to make its inaugural port call to Tampa, Fla., on Friday, September 02, 2011, as part of its Central American Roll-on/Roll-off (Ro/Ro) service. This service accommodates Ro/Ro, breakbulk and project cargoes. Based on cur Read More »

Hamburg S’d receives two environmental awards in the USA

AJOT | August 11, 2011 | Liner Shipping

Hamburg S'd has again been honoured for its sustainable and environmentally conscious conduct. First, in late July 2011, it received the Air Quality Award from the San Pedro Bay Ports Clean Air Action Group (backed by the ports of Los Angeles and Long Bea Read More »

APL’s on-time record in Trans-Pacific hits 94% in first half 2011

AJOT | August 11, 2011 | Liner Shipping

Container shipping leader APL's on-time performance in the Trans-Pacific trade was 94% for the first half of 2011.

In its mid-year report on 2011 vessel reliability, the Singapore-based carrier said today that APL ships missed their arrival window onl Read More »

Wary retailers put holiday shipping boost in doubt

AJOT | August 11, 2011 | Liner Shipping

The struggling U.S. economy is beginning to take its toll on shipping companies which should be seeing a big boost from their peak season but instead find retailers delaying decisions about how much to import.

Retailers that had to discount sharply in Read More »

Hamburg S’d increases BAF for USA/Canada West Coast to European & Mediterranean destinations

AJOT | August 11, 2011 | Liner Shipping

Effective October 1, 2011, the Bunker Adjustment Factor (BAF) for all cargo moving from US and Canadian West Coast Ports to European and Mediterranean destinations will be increased from USD 346/20', USD 692/40' to USD 392/20', USD 784/40'. Read More »

China pushes hi-tech for shipbuilders to unseat South Korea

AJOT | August 11, 2011 | Liner Shipping

China should regain its status as the world's leading shipbuilder in the next few years if domestic suppliers such as China Rongsheng and Yangzijiang Shipbuilding quickly modernize their drydocks and close the technology gap with South Korean competitors. Read More »

Hyundai Merchant says to order 5 new container ships

AJOT | August 11, 2011 | Liner Shipping

Hyundai Merchant Marine said that it planned to order five new container ships worth a total of 695 billion won ($638.7 million).

Hyundai said in a regulatory filing that the addition of the five 13,100 twenty-foot equivalent unit (TEU) vessels would Read More »

Ship firms challenge EU on Iran sanctions

AJOT | August 11, 2011 | Liner Shipping

Several shipping companies have launched a legal challenge against the European Union after the bloc imposed sanctions on them over their suspected involvement in Iran's nuclear programme and arms trafficking, a court application showed.

In May the EU Read More »

CMA CGM Group launches a new Asia to West Africa direct service

AJOT | August 03, 2011 | Liner Shipping

CMA CGM Group is pleased to announce the launch of a new direct service linking Asia to West Africa, effective August 3rd, 2011

Named WAX II, this new service will be operated in partnership with CSAV and will deploy 10 vessels from 2,500 TEUs up to 3 Read More »

TSA Lines to implement peak season surcharge

AJOT | August 03, 2011 | Liner Shipping

Container shipping lines serving the Asia-US trade lane say they see positive indications of a peak season on the horizon, as retailers begin re-stocking shelves for the back-to-school and holiday seasons and as businesses resume global sourcing of materi Read More »

Evergreen Line awarded environmental award at the Ports of LA & LB

AJOT | August 03, 2011 | Liner Shipping

The ports of Los Angeles and Long Beach presented Evergreen Line with a 2011 Clean Air Action Plan (CAAP) Air Quality Awards, an honor given to those taking extraordinary measures to cut air emissions, modernize facilities and implement innovative operati Read More »

MOL announces upgrade in CX1 service linking Panama, Manaus

AJOT | August 03, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced upgrade of its CX1 feeder service between Panama and Manaus and the beginning of independent operation on the route.

The move will provide additional space on this rapidly growing trade with four 1,700 TEU ships and Read More »

MOL & H’egh Autoliners create Euro Marine Logistics to handle
 European short sea…

AJOT | August 03, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. (Tokyo) and H'egh Autoliners AS (Oslo) have set up a 50/50 joint venture in Europe, integrating the existing European short sea and logistics activities of both shareholders and of Euro Marine Carrier BV.

The new company, nam Read More »

WWL Americas enhances management team

AJOT | August 03, 2011 | Liner Shipping

Wallenius Wilhelmsen Logistics (WWL) has announced changes to its executive team:

John Felitto takes on the role of President and CEO of WWL Vehicle Services Americas. Felitto, who joined the company more than 10 years ago, has been operating in this Read More »

Crowley names Michel VP of Safety & Learning

AJOT | July 27, 2011 | Liner Shipping

Crowley Maritime Corp. announced that Suz Michel has assumed the role of vice president of safety and learning, a position that gives her oversight for both the Safety, Security, Quality & Environmental (SSQE) and People Development & Learning (PDL) group Read More »

China Shipping Container Lines sees loss in H1

AJOT | July 27, 2011 | Liner Shipping

China Shipping Container Lines Co Ltd said it would swing to a net loss for the first half of 2011 from a profit a year ago, with the international container market adversely affected by the debt crisis in Europe. Read More »

NOL’s Wu named Asia Pacific CIO of the year

AJOT | July 27, 2011 | Liner Shipping

NOL Group, the Singapore-based container shipping and logistics company, today announced that CIO Wu Choy Peng has been named Asia Pacific CIO of the year.

The award recognizes Ms Wu's leadership and role as an advocate of information technology. It Read More »