Liner Shipping

OOCL announces re-introduction of the Atlantic Express Service (AES)

AJOT | February 17, 2011 | Liner Shipping

OOCL announced re-introduction of the Atlantic Express Shuttle (AES) with an additional port call to Hamburg.

Revised rotation will be: Hamburg-Antwerp-New York-Hamburg. Read More »

Sea Star Line reaches 10,000 load milestone

AJOT | February 17, 2011 | Liner Shipping

Sea Star Line, LLC, will soon mark one year of its weekly service to Puerto Rico from the Port of Philadelphia's Tioga Marine Terminal. After less than 10 months of operation, Sea Star Line's fleet of three vessels has moved a milestone 10,000 loads throu Read More »

NOL says Q4 net profit $177 mlllion

AJOT | February 17, 2011 | Liner Shipping

Neptune Orient Lines (NOL) , the world's seventh largest container shipping firm, reported on Wednesday better-than-expected fourth-quarter net profit, reversing from a loss the previous year as freight rates and cargo volumes soared. Read More »

Containerships implements IAS EquipmentRepair

AJOT | February 13, 2011 | Liner Shipping

European carrier Containerships has adopted the EquipmentRepairTM system from IAS to manage its entire container maintenance and repair programme. The Helsinki-based carrier provides door-to-door services Read More »

IICL elects new chairman

AJOT | February 13, 2011 | Liner Shipping

The Institute of International Container Lessors' (IICL) President, Steven Blust, announces that Peter Younger, Chief Executive Officer and President of Cronos Ltd. has been elected to the position of Chairman of the IICL for 2011, succeeding Joseph Kwok Read More »

MOL expands refrigerated cargo staff assignments

AJOT | February 13, 2011 | Liner Shipping

MOL announced another step in its expanded commitment to refrigerated cargo service capabilities with the restructuring of its refrigerated sales and trade team. MOL's three US Sales Regions now have assigned sales managers whose primary focus will be de Read More »

MOL selected for Global 100 Most Sustainable Corporations

AJOT | February 13, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. (MOL) announced that the company was named one of the Global 100 Most Sustainable Corporations in the World by Corporate Knights Inc.(*) of Canada on January 29 at the World Economic Forum in Davos. The selection was a first for Read More »

Safmarine announces improved Far East ’ Indian Subcontinent coverage

AJOT | February 13, 2011 | Liner Shipping

Shipping line Safmarine has upgraded its existing Far East - Indian Subcontinent portfolio by introducing a new direct service, which will connect the Far East and main ports in West India and Pakistan. The service commences on 17 February 2011, with the Read More »

Safmarine offers new 225 service with direct calls in WAF and MED


AJOT | February 13, 2011 | Liner Shipping

Safmarine has enhanced its '225' fully-containerized service between South Africa and West Africa by connecting West Africa via Dakar and Algeciras. The new weekly service, with high reefer capacity, will operate six vessels of 1100 teu (nominal) with dir Read More »

Shipco expands service coverage from Asia to Istanbul

AJOT | February 13, 2011 | Liner Shipping

Shipco Transport, one of the world's leading neutral consolidators, has over recent months launched a number of new direct services from the Far East to Turkey. The services link several Asia key origins - Shanghai, Shenzhen, Qingdao and Busan to one of t Read More »

Shipping lines see steady TransPacific growth, relative supply/demand balance in 2011

AJOT | February 13, 2011 | Liner Shipping

Cargo demand will continue to improve during 2011 as the U.S. economy recovers, roughly in line with new vessel capacity entering the Asia-U.S. trade lane over that period. With a traditional third quarter peak season now considered likely, container line Read More »

CMA CGM maintains call in Egypt

AJOT | February 03, 2011 | Liner Shipping

CMA CGM is following with great concern the events taking place in Egypt. The Group has set up an Emergency and Communication Response Team to follow the situation, 24/24, 7/7, keeping in close contact with its Egyptian teams in the country, assessing the Read More »

CMA CGM and YILDIRIM: $500-million equity note issuance finalized

AJOT | February 01, 2011 | Liner Shipping

In accordance with the agreements signed on November 25, 2010 between CMA CGM Group and the Yildirim Group, CMA CGM announced that it has issued $500 million in Redeemable bonds, all of which were subscribed by the Yildirim Group.

This investment ena Read More »

Hamburg S’d changing chassis provisioning model in Philadelphia

AJOT | February 01, 2011 | Liner Shipping

Hamburg Sud North America, Inc. has announced that effective February 1, 2011, the company will revise its policies on provisioning of chassis in the Philadelphia region.

Under present practices, Hamburg S'd sources chassis from the Metro Chassis Pool Read More »

Hanjin Shipping re-routes container ships due to Egypt unrest

AJOT | February 01, 2011 | Liner Shipping

Hanjin Shipping was re-routing some of its container vessels due to the unrest in Egypt that has disrupted drydock operations at several ports, its chief executive said.

Seaborne traffic through Egypt's Suez Canal continued to run smoothly, industry o Read More »

NOL carries 26% more cargo in 7 weeks

AJOT | February 01, 2011 | Liner Shipping

Neptune Orient Lines said its container shipping volumes for the seven weeks to Dec 31 rose 26 percent from a year ago, helped by higher traffic on the intra-Asia and Asia-Europe routes.

NOL, the world's sixth largest container shipping firm, carried Read More »

Maersk halts Egypt port terminal operations

AJOT | February 01, 2011 | Liner Shipping

Danish shipping and oil group A.P. Moller-Maersk has suspended its Egypt port terminal operations and closed its shipping offices in the country rocked by turmoil. Read More »

Safmarine website goes mobile

AJOT | February 01, 2011 | Liner Shipping

Shipping line Safmarine has introduced a mobile website offering for its customers. This innovative new service (launched in November 2010) can be accessed by all major mobile devices* and smart phones. Read More »

TUI steps up Hapag-Lloyd IPO plans

AJOT | February 01, 2011 | Liner Shipping

TUI AG and a group of German investors are stepping up efforts to float container shipping group Hapag-Lloyd in the second quarter, four people familiar with the matter told Reuters.

"Analyst briefings are to start on Feb. 15," one of the people said, Read More »

Maersk halts Ivorian cocoa exports

AJOT | February 01, 2011 | Liner Shipping

Danish shipping company Maersk has halted cocoa exports from Ivory Coast and stopped taking new orders for imports to the country, in line with European Union restrictions, an official at the company said.

Maersk is the main shipper of Ivorian cocoa b Read More »