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Issue #589

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New York Ports

NVOCC and Freight Forwarder Review

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2014 Media Kit

Liner Shipping

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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 »

MOL completes concept for series of new generation vessels

AJOT | April 11, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced the completion of the concept for its third in a series of next-generation vessels, which will be technically practical in the near future. The latest concept is for an environment-friendly, large-scale iron ore carrier Read More »

MOL announces launch of new Asia-USEC Service

AJOT | April 11, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced a new all-water service to expedite cargo moving from major Asian ports to key destinations on the U.S. East Coast, via the Suez Canal. 
From May 15, the 'SVE' (South China/Vietnam ' the US East Coast) service wil Read More »

MOL starts safety campaign

AJOT | April 11, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced the launch of the semiannual Safety Campaign aboard all of its operated vessels and those of its group companies. Read More »

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