Liner Shipping

Two ships run aground in Suez Canal, delaying traffic

AJOT | April 20, 2015 | Liner Shipping | Ports & Terminals

A container ship ran aground in Egypt's Suez Canal in dense mist on Saturday morning, the canal authority said, delaying traffic through a vital global trade route for several hours. Read More »

Asian grain mills stick with containers despite higher cost

Reuters | April 20, 2015 | Breakbulk & Projects | Breakbulk | Liner Shipping

Rapid growth in the use of containers to ship grains and oilseeds to Southeast Asia could take a step back this year after a fall in bulk freight rates to record lows, although smaller mills will mostly stick with containers, traders said. Read More »

APL, MOL, NYK launch joint service between Asia and South America

AJOT | April 20, 2015 | Liner Shipping

APL, Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) have announced the launch of a new joint service between the major trading hubs of Asia and key ports in Mexico, Colombia and Panama. Read More »

TOTE launches world’s first LNG powered containership

AJOT | April 20, 2015 | Liner Shipping

More than 3,400 gathered to watch as the world’s first liquefied natural gas (LNG) powered containership, christened Isla Bella, was launched tonight in San Diego. Read More »

UASC now calling DP World London Gateway Port

AJOT | April 20, 2015 | Liner Shipping

United Arab Shipping Company (UASC) has started services to London Gateway on the South America 2 service (SAM2).   Read More »

Damen Shiprepair Dunkerque installs ballast water treatment system to Cable Innovator

AJOT | April 16, 2015 | Liner Shipping

Global Marine Systems Limited’s vessel Cable Innovator has recently left Damen Shiprepair Dunkerque (part of Damen Shiprepair & Conversion) after extensive work including the installation of a ballast water treatment system and a 5-year survey. Read More »

TRANSCOM warns of not committing to national maritime strategy – and strong U.S. Merchant Marine

AJOT | April 16, 2015 | Liner Shipping

Leaders of the military, Congress, and the maritime industry appeared together yesterday at the Navy League’s annual Sea-Air-Space Exposition – designed to bring the U.S. defense industrial base, private-sector U.S. companies and key military decision makers together. Read More »

Asia Dry Bulk Capesize rates likely flat as tonnage glut continues

Reuters | April 16, 2015 | Liner Shipping

Rates for capesize bulk carriers, which have remained close to six-year lows for the last three months, are likely to show little sign of improvement next week as too many ships chase too few cargoes, brokers said. Read More »

Energy company eyes Washington state’s Port of Longview for new project

Reuters | April 15, 2015 | Liner Shipping

Riverside Refining LLC is developing an energy infrastructure project for the Pacific Northwest and is considering Washington State’s Port of Longview as a potential location for it, the company’s CEO said on Wednesday. Read More »

Cargo ships stuck off Yemen as fighting worsens food supply

Reuters | April 15, 2015 | Liner Shipping

At least five merchant vessels carrying food are stuck off Yemen, shipping data showed on Wednesday, as warships from a Saudi-led coalition search them for weapons bound for Iran-allied Houthi rebel forces, with delays adding to a humanitarian crisis. Read More »

Fednav leads the way with an innovative ballast water solution on the Great Lakes

PR Newswire | April 15, 2015 | Liner Shipping

Fednav Limited, the largest Canadian operator of international ships in the Great Lakes-St. Lawrence Seaway system, today announced an order for 12 ballast water treatment systems to equip its ships currently under construction. Read More »

Baltic sea freight index up on higher rates for bigger vessels

Reuters | April 15, 2015 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities inched up on increased rates for bigger vessel segments. Read More »

Contingency plan on CMA CGM Far East-North Europe lines for weeks 16 to 18

AJOT | April 15, 2015 | Liner Shipping

CMA CGM will implement a blank sailing program for April 2015 on its Far East - North Europe lines, in order to adjust capacities in line with the demand, without service disruption. Read More »

Shipping ‘Oscars’ to be held at National Maritime Museum Greenwich

AJOT | April 15, 2015 | Liner Shipping

Lloyd’s List is to hold its annual global shipping awards at Britain’s National Maritime Museum with two new awards up for grabs. Read More »

Alianҫa’s cabotage fleet continues to grow

AJOT | April 15, 2015 | Liner Shipping

Within the scope of a customer event, the new container ship “Bartolomeu Dias” was christened on 14 April 2015 at the TECON Terminal in the southern-Brazilian port of Rio Grande. Read More »

Saudi’s Bahri confirms Q1 net profit more than doubles on year ago

Reuters | April 15, 2015 | Liner Shipping

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Aramco, said on Wednesday its first-quarter net profit more than doubled, broadly reaffirming the estimated earnings issued last week. Read More »

Germany’s Meyer Werft buys Finland out of Turku shipyard

Reuters | April 15, 2015 | Liner Shipping

Germany’s family-owned Meyer Werft shipyard is buying the Finnish state out of Turku shipyard in southwestern Finland, the government said on Wednesday. Read More »

Baltic sea freight index inches up on bigger vessel activity

Reuters | April 14, 2015 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities edged higher on increased activity for bigger vessel segments. Read More »

G6 Alliance announces Asia – North America Summer Program

AJOT | April 14, 2015 | Liner Shipping

Members of the G6 Alliance announced the Summer Program for Asia - North America services in response to seasonal changes in market demand. Read More »

Baltic sea freight index down on muted shipping activity

Reuters | April 13, 2015 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged lower on Monday on muted shipping activity. Read More »