Liner Shipping

Zepol reports April vessel imports increase 7.95%

AJOT | June 14, 2011 | Liner Shipping

Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for May, measured in TEUs, increased 9.27% from April and 8.76% from May of 2010. The total number of shipments also increased 9.35% from April and more th Read More »

MOL earns environmental ratings from DBJ

AJOT | June 13, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced the company's acquisition of the 'DBJ Environmental Ratings' from the Development Bank of Japan Inc. (DBJ), and received a loan based on the rating.

MOL's acquisition of the DBJ Environmental Ratings is the first in Read More »

Yangzijiang wins $700 mlllion shipbuilding contracts

AJOT | June 13, 2011 | Liner Shipping

Singapore-listed Chinese shipbuilder Yangzijiang said it had won contracts worth $700 million to build seven container ships for Seaspan Corporation with options for another 18, which could lift the total value to around $2.5 billion.

The seven vessel Read More »

Safmarine launches new iPhone application

AJOT | June 13, 2011 | Liner Shipping

Shipping line Safmarine has added another e-product to its range of e-Business accessories with the launch of the Safmarine application for iPhone, iPad and iPod Touch devices. Read More »

NOL says shipping line president has resigned

AJOT | June 13, 2011 | Liner Shipping

Singapore's Neptune Orient Lines (NOL) said the president of its APL shipping business has resigned and will be replaced by the current president of North Asia region.

Eng Aik Meng will leave the company on Sep 1 to take a new position outside the tra Read More »

Horizon Lines completes preparedness excerises for Atlantic hurricane season 2011

AJOT | June 06, 2011 | Liner Shipping

Hurricane season in the Atlantic begins this week. Horizon Lines knows the best time to plan for a disaster is before it happens. An investment in planning alternate routes between Puerto Rico and the mainland can prevent damage of cargo and disruption of Read More »

Horizon Lines receives notice regarding NYSE Listing criteria

AJOT | June 02, 2011 | Liner Shipping

Horizon Lines, Inc. announced that the New York Stock Exchange (NYSE) has notified the company that it has fallen below the NYSE's continued listing standards related to minimum market capitalization in combination with stockholders' equity.

Horizon L Read More »

MOL extends period to transport aid supplies from overseas

AJOT | June 02, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced its decision to extend the period it will transport aid supplies from overseas until the end of August to assist victims of the Great East Japan Earthquake and reconstruction of the quake- and tsunami-stricken areas. Th Read More »

GSF rejects any attempt to impose bunker levy charges on shippers

AJOT | June 02, 2011 | Liner Shipping

The Global Shippers' Forum (GSF) has announced that it will oppose any steps by the global shipping industry to impose a bunker levy on shippers as the means of raising money to fund an environmental compensation scheme to meet their climate change respon Read More »

Horizon Lines reaches agreement with convertible note holders for complete refinancing

AJOT | June 02, 2011 | Liner Shipping

Horizon Lines, Inc. announced that it and holders of the majority of its 4.25% convertible senior notes have entered into agreements for a transaction that will refinance the company's entire capital structure.

The agreement with the note holders cont Read More »

Crowley recognized for environmental stewardship during 60th Annual Seattle Maritime Festival…

AJOT | May 30, 2011 | Liner Shipping

Crowley Maritime Corporation was recently recognized for its environmental stewardship by the Port of the Seattle and Seattle Propeller Club, which teamed up to present the company with its second-consecutive honorable mention award for Marine Environment Read More »

NOL carries 9% more cargo in 4 weeks

AJOT | May 30, 2011 | Liner Shipping

Neptune Orient Lines (NOL), the world's seventh-largest container shipping firm, said on Monday it carried 9 percent more cargo in the four weeks to May 6 from a year ago, helped by higher volumes on Intra-Asia and Asia-Europe routes. Read More »

A maritime first: APL ‘cold-irons’ ships in Oakland to clear the air

AJOT | May 30, 2011 | Liner Shipping

APL has flipped the switch on a clean-air effort that's part of California's maritime future.

The Singapore-based container shipping line became the first to shut down, or, 'cold-iron,' a vessel's engines to eliminate exhaust emissions at the Port of Read More »

Hapag-Lloyd sale held up, bids expected July

AJOT | May 30, 2011 | Liner Shipping

The sale of TUI's stake in Hapag-Lloyd is being held up as bidders are taking more time to examine the books of the container shipping group, people familiar with the matter said.

The due diligence will take some additional weeks, a source close to Ha Read More »

CMA CGM adds a new call at Piraeus on its EPIC service from Europe to Indian subcontinent and the Mi

AJOT | May 26, 2011 | Liner Shipping

CMA CGM Group has announced its EPIC service is now calling Piraeus on its way from North Europe to Indian subcontinent and the Middle East.

This new call at Piraeus allows CMA CGM to provide its customers with the following enhancements: Read More »

Global Shipping Organizations commend the IMO for agreeing to solve the problem of misdeclared…

AJOT | May 26, 2011 | Liner Shipping

The decision of the International Maritime Organization (IMO) Maritime Safety Committee to solve the problem of misdeclared container weights will significantly improve the safety of container ships, their crews, shoreside personnel involved in the handli Read More »

Evergreen Group places orders with China Shipbuilding for ten environmentally advanced 8000-TEU ...

AJOT | May 26, 2011 | Liner Shipping

The Evergreen Group has ordered and signed a contract with China Shipbuilding Corp. (CSBC) for ten 8,000-TEU container vessels

The contract, signed by Bronson Hsieh, Evergreen Vice Group Chairman, and Tang Tay-Ping, CSBC Chairman, is for Evergreen's t Read More »

CMA CGM: new giant of the seas christened in Dunkirk

AJOT | May 26, 2011 | Liner Shipping

The CMA CGM Group, the world's third largest container shipping company and first in France, announce that the CMA CGM TITAN, an 11,400 teu* vessel, was christened at the Dunkirk Terminal in the presence of her godmother, Mrs Laurence Parisot, President o Read More »

Hamburg S’d and Maersk Line add second sling to their joint Asia ’ South Africa/South America…

AJOT | May 26, 2011 | Liner Shipping

After reducing their joint Asia ' South Africa/South America East Coast Service in the slack season to one sling, Hamburg S'd and Maersk Line will again be adding a second sling to their service concept with effect from July 2011. With this move, the serv Read More »

NOL Group invests in two-berth terminal at Port of Qingdao 

AJOT | May 19, 2011 | Liner Shipping

NOL Group announced a joint venture to operate a two-berth container terminal at the Port of Qingdao. The terminal, expected to open in the second half of 2011, will be NOL's first in mainland China.

"Today we've taken a significant step to strengthen Read More »