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Issue #585 | China Trade | Maryland Ports

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China Trade

Maryland Ports

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2014 Media Kit

Liner Shipping

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Stifel Logistics Confidence Index indicates possible airfreight slow down

AJOT | August 26, 2014 | Air Cargo | Liner Shipping

Stifel Logistics Confidence Index indicates possible airfreight slow down

Uncertainty in the global market continues as the latest Stifel Logistics Confidence Index indicates a dip of 0.4 points in the overall measurement to 55.7. While the present situation remained positive, gaining 1.2 points from July to 53.5, the expected situation for the next six months stumbled 2.0 points to 57.9. Read More »

Sea Star Line places order for new refrigerated containers

AJOT | August 24, 2014 | Liner Shipping

Sea Star Line, LLC recently placed an order for 100 new 40’ and 50 new 45’ refrigerated containers in year three of a five year equipment replacement plan. The replacement plan aims to reduce the average age of the entire Sea Star Line refrigerated container fleet to less than three years. Read More »

TMT Chairman and CEO Hsin-Chi Su Files US$100 million IP suit over vessel sale

PR Newswire | August 20, 2014 | Liner Shipping

HONG KONG, Aug. 21, 2014 /PRNewswire/ -- Hsin-Chi Su, Chairman and CEO of Today Makes Tomorrow Group ("TMT") launched a suit inTexas federal court on July 28, 2014, alleging that a planned bankruptcy sale of three company ships, including M.V.D Whale, M.V.G Whale and M.V.H Whale, to Mega International Commercial Bank Co. Ltd. (Mega Bank) will strip him of intellectual property worth more than US$100 million for each ship. According to Ken Liang's deposition at the court, Mega Bank is the agent for vulture fund Oaktree Capital Group.

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