Liner Shipping

CMA CGM Christophe Colomb to call at Le Havre

AJOT | December 06, 2010 | Liner Shipping

A symbol of the recovery in international trade, the CMA CGM Group's flagship and the world's largest French-flagged containership is today the 100th vessel of more than 10,000 teus to call at Le Havre.

First in a series of eight vessels named after g Read More »

NOL carries 6% more cargo in 4 weeks

AJOT | December 06, 2010 | Liner Shipping

Neptune Orient Lines (NOL), the world's sixth-largest container shipping firm, carried six percent more containers in the four weeks to Nov. 12 compared with a year ago. Read More »

CargoSmart delivers the first sailing schedules IPhone app

AJOT | December 06, 2010 | Liner Shipping

CargoSmart Limited, a leading Software as a Service (SaaS) global shipping and logistics solutions provider, announced the first sailing schedules iPhone application for shippers, logistics service providers, and ocean carriers. CargoSmart's sailing sched Read More »

TUI AG picks banks for possible Hapag-Lloyd IPO

AJOT | December 06, 2010 | Liner Shipping

TUI AG and Hapag-Lloyd shareholder Albert Ballin have picked three investment banks to prepare a possible flotation of a stake in the container shipping company in 2011.

They said they plan to mandate Credit Suisse , Goldman Sachs and Greenhill to sta Read More »

Matson’s 2011 Westbound Hawaii Service rates to increase

AJOT | December 05, 2010 | Liner Shipping

Matson Navigation Company announced today that it will raise its rates for the company's Hawaii service by $120 per westbound container and $60 per eastbound container, effective January 2, 2011. Matson estimates that this increase will raise rates by an Read More »

Shipping Corp share sale covered nearly 5 times on last day

AJOT | December 05, 2010 | Liner Shipping

Indian state-run Shipping Corp of India's follow-on share sale of up to $259 million was subscribed nearly 5 times, the final day of the offer, marking the latest in a series of successful offerings by the federal government this fiscal year.

Read More »

MOL opens Ivory Coast office

AJOT | December 05, 2010 | Liner Shipping

Mitsui O.S.K. Lines (MOL), one of the world's largest global multimodal transportation companies, opened its own office in Abidjan, Ivory Coast on 1st December 2010. Read More »

Shipping industry urges action to address overweight containers

AJOT | December 05, 2010 | Liner Shipping

The World Shipping Council (WSC) and the International Chamber of Shipping (ICS) urged the International Maritime Organization (IMO) to establish an international legal requirement that all loaded containers be weighed at the marine port facility before t Read More »

CMA CGM and YILDIRIM sign agreement

AJOT | December 05, 2010 | Liner Shipping

The agreement enables CMA CGM to strengthen its equity base and secure the financing of its investment plan.
Under its terms, YILDIRIM Group will invest $500 million in CMA CGM by acquiring five-year ORA equity notes giving access to 20% of CMA CGM Read More »

SeaFreight announces the inauguration of Costa Rica and Nicaragua service

AJOT | December 05, 2010 | Liner Shipping

Miami operated SeaFreight Line announced that it will begin a new weekly fixed day service calling on Costa Rica and Nicaragua via Puerto Limon in December. The new service will commence from Jacksonville Florida on December 6th and Port Everglades Dec 7t Read More »

Dole Ocean Cargo Express selects Descartes’ Customs Filings Solution

AJOT | December 05, 2010 | Liner Shipping

Descartes Systems Group announced that Dole Ocean Cargo Express, a division of Dole Food Company, has selected Descartes' Global Filer to manage its import and export customs filings for the upcoming European Union (EU) regulations on advanced entry (ICS) Read More »

Evergreen Line to vessel-share with MCC Transport on Malaysia-Bangladesh Service

AJOT | December 05, 2010 | Liner Shipping

Evergreen Line will be vessel sharing with MCC Transport on its Malaysia - Bangladesh Shuttle (MBS) service commencing December 16, 2010.

Evergreen Line has served transport cargo to and from the Bangladesh area by common feeder at Colombo Harbor. Due Read More »

Horizon Lines honored with Environmental Excellence Recognition by the Chamber of Shipping of…

AJOT | December 05, 2010 | Liner Shipping

Horizon Lines, Inc. the leading U.S. domestic ocean shipping and integrated logistics company, has been recognized for outstanding achievements in environmental excellence by the Chamber of Shipping of America (CSA) at a dinner ceremony in Washington, D.C Read More »

CMA CGM confirms its commitment to climate change initiatives

AJOT | December 05, 2010 | Liner Shipping

While CMA CGM has already reduced CO2 emissions by 35% since 2005, the Group continues to pursue actions taken to minimize the impact of its activities on the environment.

The reduction of CO2 emissions on a global level is an essential factor for th Read More »

Crowley vessels honored with CSA Environmental Achievement Awards

AJOT | November 23, 2010 | Liner Shipping

Crowley Maritime Corporation was recently honored with 85 Certificates of Environmental Achievement for 2010 during a Chamber of Shipping of America awards ceremony in Washington, DC. The certificates were awarded to Crowley-owned and -operated vessels fo Read More »

TSA recommended 2011-12 program focuses on revenue stability

AJOT | November 23, 2010 | Liner Shipping

After two quarters of healthy revenues, an early end to the transpacific peak season has left that trade lane lagging relative to other Asia container markets, while operating costs continue to rise. Member shipping lines in the Transpacific Stabilization Read More »

Matson’s 2011 Westbound Hawaii Service rates to increase

AJOT | November 23, 2010 | Liner Shipping

Matson Navigation Company announced today that it will raise its rates for the company's Hawaii service by $120 per westbound container and $60 per eastbound container, effective January 2, 2011. Matson estimates that this increase will raise rates by an Read More »

Maersk 500 mlllion euro bond pulls in 1.6 blllion euro orders

AJOT | November 21, 2010 | Liner Shipping

Danish shipping and oil group A.P. Moller-Maersk sold 500 million euros ($698.5 million) of new seven-year bonds in an oversubscribed offering that was part of a policy to diversify its funding.

The 2017 bond, only Maersk's third corporate bo Read More »

CMA CGM extends its Black Pearl Service to the West Coast of South America

AJOT | November 21, 2010 | Liner Shipping

The CMA CGM Group is pleased to announce the extension of its Black Pearl service to the West Coast of South America (Ecuador, Peru, Panama and Chile). This upgrade comes as a response to a growing market demand for exports between the US and the West Coa Read More »

ECU LINE starting a new direct service ex Warchau to Far East

AJOT | November 21, 2010 | Liner Shipping

In line with the expectations of ECU LINE POLAND to become a leading NVOCC in the Polish market in the next two years , ECU LINE POLAND has taken the necessary steps to secure its presence on the market for future developments.

ECU LINE POLA Read More »