Liner Shipping

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 »

Rickmers container vessel breaks all records as she sails into the Baltic

AJOT | May 19, 2011 | Liner Shipping

The arrival from China of the Rickmers-owned containership Maersk Elba at the DCT Gdansk terminal on May 11th marked a new era in Baltic shipping. At 13,092TEU and carrying containers 17-wide below deck and 19-wide on the hatchcovers, she is the biggest c Read More »

Safmarine’s reefer express returns

AJOT | May 19, 2011 | Liner Shipping

The seasonal SAECS Reefer Express (REX) service, which was first launched three years ago to provide extra capacity during the South African peak fruit season, is back for the 2011 season.

According to Safmarine's South Africa-Europe trade manager, Ia Read More »

Hamburg S’d eminently sustainability-focused

AJOT | May 19, 2011 | Liner Shipping

A few days ago the Fraunhofer Working Group for Supply Chain Services SCS published the study 'Sustainability Index for Logistics Service Providers'. The study analyzed how transparently logistics service providers report on their activities in the area o Read More »

EU raids Asian shipping firms’ Europe offices in antitrust probe

AJOT | May 19, 2011 | Liner Shipping

European Union officials have raided the European offices of a number of Asian shipping firms as part of a probe into suspected price fixing in the sector, the firms said.

Neptune Orient Lines(NOL), Orient Overseas (International) Ltd (OOIL), Evergree Read More »

WSC comprehensive review concludes equipment supply will be tight

AJOT | May 17, 2011 | Liner Shipping

Recognizing that questions arise from time to time about the adequacy of the supply of containers, the World Shipping Council undertook an evaluation of whether the expected global container fleet size is sufficient to handle the expected cargo demand. T Read More »

NOL Group reports US$10 million first quarter net loss

AJOT | May 17, 2011 | Liner Shipping

NOL Group, the Singapore-based container shipping and logistics company, today reported a first quarter 2011 net loss of US$10 million compared to a net loss of US$98 million in the same period last year. Read More »

MOL raises Y55 million to assist rescue and relief efforts

AJOT | May 17, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. reported that it has donated a total of about \55 million to the Japan Red Cross Society and Central Community Chest for the Great East Japan Earthquake relief efforts. MOL raised the donation among MOL Group executives and emplo Read More »