Liner Shipping

NOL carries 12% more cargo in 4 weeks

AJOT | April 03, 2011 | Liner Shipping

Neptune Orient Lines (NOL), the world's sixth-largest container shipping firm, said on Monday it carried 12 percent more cargo in the four weeks to March 11 from a year ago, helped by higher traffic on intra-Asia and Asia-Europe routes. Read More »

Horizon Lines tanks on potential bankruptcy

AJOT | April 03, 2011 | Liner Shipping

Horizon Lines shares lost nearly half of their value a day after the container shipping and logistics company said it could be forced to seek bankruptcy protection for not being able to comply with its debt agreements.

Horizon Lines, whose customers i Read More »

APL to scan Japan exports before loading on ships

AJOT | April 03, 2011 | Liner Shipping

Global shipping line APL said it will begin radiation scanning of containerized Japanese exports delivered to its marine terminal here for transport on APL vessels.

The decision makes APL one of the first container carriers to undertake large-scale c Read More »

Hapag-Lloyd to resume calls at Tokyo port, radiation fears ease

AJOT | April 03, 2011 | Liner Shipping

Hapag-Lloyd , the world's fifth biggest container shipper, will resume operations to the ports of Tokyo and Yokohama this week as radiation worries from Japan's quake-crippled nuclear plant eased.

The German firm was one of only four maritime companie Read More »

Crowley names Fox Senior VP, Corporate Services

AJOT | March 30, 2011 | Liner Shipping

Crowley Maritime Corp. announced that Carl Fox will assume the role of senior vice president of corporate services on June 1. Fox will continue to work out of the company's Jacksonville office while reporting to Bill Pennella, Crowley's vice chairman and Read More »

Hamburg S’d/Alianca changing chasis provisiioning model in Baltimore

AJOT | March 30, 2011 | Liner Shipping

Hamburg Sud North America, Inc. and Alian'a have announced that effective May 1, 2011, they will revise their policies on provisioning of chassis in the Baltimore region.

Under present practices, Hamburg S'd/Alian'a sources chassis from the Metro Chas Read More »

Ship rejected by China has low radiation levels

AJOT | March 30, 2011 | Liner Shipping

A ship denied entry to a Chinese port over radiation concerns returned to and current readings showed radiation levels were very low, owner Mitsui O.S.K. Lines said.

China rejected the container ship, the MOL Presence, when it arrived at the port of X Read More »

Hamburg S’d cancels port call of ‘Cap Isabel’ in Tokyo at short notice

AJOT | March 30, 2011 | Liner Shipping

In all decisions concerning the current situation in Japan, Hamburg S'd is acting according to the maxim of, first and foremost, safeguarding the well-being of the seamen on the vessels it deploys and, at the same time, ensuring that Japan is not cut off Read More »

Japan shipper mulls future of vessel with

AJOT | March 28, 2011 | Liner Shipping

Mitsui O.S.K. Lines has not yet decided what it will do with its container ship when it returns to Japan, a company official said, after China rejected the vessel for "abnormal" radiation levels.

The MOL Presence is the first ship barred from unloadin Read More »

China COSCO posts H2 profit, slightly above forecasts

AJOT | March 28, 2011 | Liner Shipping

China COSCO Holdings Co Ltd., the country's top shipping conglomerate, a net profit in the second half of 2010, reversing year ago losses as the shipping market regained strength amid a global economic recovery. Read More »

Hapag-Lloyd IPO decision postponed

AJOT | March 24, 2011 | Liner Shipping

The owners of Hapag-Lloyd AG have postponed a decision on floating the container shipping group, its majority owner said.

"There will be no decision on an IPO (initial public offering) today," a spokesman for the Albert Ballin consortium, which owns 5 Read More »

Sea Star Line boosts 53’ container fleet by 25%;

AJOT | March 24, 2011 | Liner Shipping

Sea Star Line, LLC, has placed an order for 100 brand-new 53-foot cargo containers to serve customers at its Jacksonville and Philadelphia ports. The containers will be available for immediate use in the third quarter of 2011 ' just in time to accommodate Read More »

Maersk expects Q2 freight rate rebound

AJOT | March 24, 2011 | Liner Shipping

Container shipping will shake off an array of risks from Japan to the Middle East and rates will begin a seasonal recovery in the second quarter, the head of the world's biggest container shipper said.

Maersk Line, which carries 15 percent of all seab Read More »

China, Europe container rates drop below $1,000

AJOT | March 24, 2011 | Liner Shipping

Spot rates for shipping containers from Shanghai to Europe have dropped below $1,000 per twenty-foot unit for the first time since March 2009 due to low volumes and fierce competition, shipping body BIMCO said.

The global shipping industry recovered i Read More »

Evergreen Line to launch weekly TMI service between Thailand, Malaysia and Indonesia

AJOT | March 24, 2011 | Liner Shipping

Evergreen Line has launched a weekly Thailand-Malaysia-Indonesia (TMI) service, the carrier announced today. The new trade route will enhance Evergreen Line's Southeast Asia service network and replace the existing Indonesia-Malaysia (IS1) service. Read More »

Maersk Line to cut stops in HK, divert to Nansha

AJOT | March 24, 2011 | Liner Shipping

Maersk Line will cut the number of ship calls at Hong Kong by about a quarter from April, one of the biggest changes for the world's third-busiest port in years.

Maersk Line confirmed a newspaper report that it would cut the number of ships calling at Read More »

Maersk Line celebrates 5th anniversary of fuel switch

AJOT | March 24, 2011 | Liner Shipping

Maersk Line's SINE M'RSK changed the course of low-sulfur distillate fuel use when she called Los Angeles. Five years later, this fuel switch has resulted in a 3700 ton savings in air emissions benefiting those who live and work in California. A 4100 to Read More »

MOL upgrades North Europe - West Africa service

AJOT | March 24, 2011 | Liner Shipping

MOL is upgrading its current ARN product to a fixed day weekly service between Europe and West Africa, with excellent connections via Antwerp for Asian and North American cargo.

The new service will launch from Hamburg on 6 April, calling Thamesport, Read More »

Hyundai Heavy says wins $711 mlllion order from Germany

AJOT | March 24, 2011 | Liner Shipping

South Korea's Hyundai Heavy Industries said on Monday that it had won an 800 billion won ($711 million) order to build six (corrects from nine) container ships for German shipping line Hamburg Sud Group. Read More »

Providing MOL containership to transport aid supplies from overseas

AJOT | March 24, 2011 | Liner Shipping

Mitsui O.S.K. Lines is determined to provide containerships to transport aid supplies from overseas. As the damages of the earthquake set in, MOL has received many calls from voices desired to transport aid supplies to Japan from overseas.

'We express Read More »