Liner Shipping

New appointments for IBIA Singapore office to boost Asian development

AJOT | April 08, 2015 | Liner Shipping

As part of its Asia business restructuring process, IBIA – International Bunker Industry Association – has appointed Jason Leong to head up its Singapore office and lead expansion in the Asia-Pacific region. Read More »

Baltic sea freight index falls on muted vessel activity

Reuters | April 08, 2015 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday due to muted vessel activity. Read More »

ICTSI Oregon, Inc. official statement on Hapag Lloyd’s termination of service to Portland

AJOT | April 08, 2015 | Liner Shipping | Ports & Terminals | Ports | Container Port

ICTSI Oregon, Inc. is very disappointed to hear the news of Hapag-Lloyd's decision to cease its direct MPS service calling Portland. Hapag-Lloyd has been very supportive and loyal to the Portland market. Read More »

Evergreen launches India - Gulf service

AJOT | April 07, 2015 | Liner Shipping

To improve its service on the India-Gulf trade, Evergreen Line will partner with Simatech, a leading feeder operator based in Dubai, in launching a joint Chennai-Colombo-Gulf Service (CCG) service next month.   Read More »

Lower vessel rates pull down Baltic sea freight index

Reuters | April 07, 2015 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Tuesday on lower vessel rates. Read More »

CMA CGM is launching MEDGULF Service, connecting the Mediterranean to the US Gulf and Caribbean

AJOT | April 07, 2015 | Liner Shipping

The CMA CGM Group is pleased to announce the launching of MEDGULF Service linking the Mediterranean to the US Gulf and Caribbean (Dominican Republic, Jamaica). Read More »

Brazil Santos Port fire burns for 6th day; truck access blocked

Reuters | April 07, 2015 | Liner Shipping

A fire at a fuel-storage facility at Brazil’s Port of Santos burned for a sixth day on Tuesday, restricting access to trucks delivering grains and other goods to the nation’s largest port. Read More »

Asia-Europe container freight rates fell 12.8%

Reuters | April 07, 2015 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 12.8 percent to $511 per 20-foot container (TEU) in the week ended on Friday, data from the Shanghai Containerized Freight Index showed. Read More »

Crowley announces membership in the Trident Alliance

AJOT | April 06, 2015 | Liner Shipping

Crowley Maritime Corp. announces its membership in the Trident Alliance, a coalition of shipping owners and operators that share a common interest in robust enforcement of existing maritime sulphur regulations. In joining, Crowley has signed a statement of commitment, certifying that the company agrees to comply with sulfur regulations and support the robust and transparent enforcement of these regulations. Read More »

Baltic sea freight index down on weak vessel demand

Reuters | April 04, 2015 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday as weak demand took its toll on vessel rates. Read More »

Spliethoff doubles capacity to Cleveland!

AJOT | April 04, 2015 | Liner Shipping

With the fixed schedule, fast transit times, onward connections and cross docking options in the ports, Spliethoff’s container, break-bulk and project customers are very much welcoming the doubling in capacity. Read More »

MOL and World Logistics Service establish joint sales and marketing office

AJOT | April 04, 2015 | Liner Shipping

Using their combined RORO/PCTC tonnage of 120 vessels, the two forces will provide seamless RORO sailings from USA to all Asian and Pacific destinations. Read More »

TransPacific container lines recommend minimum market rates

AJOT | April 02, 2015 | Liner Shipping

Member shipping lines in the Transpacific Stabilization Agreement (TSA) are recommending a series of minimum short-term market rates, to take effect May 1, 2015. Read More »

Hamburg Süd takes first spot in February

AJOT | April 02, 2015 | Liner Shipping

Global schedule reliability improved by nearly 5 percentage points from January to February according to SeaIntel’s latest industry-leading Global Liner Performance report. Read More »

IUMI’s Spring Statistics report a continued reduction in total losses

AJOT | March 31, 2015 | Liner Shipping

The International Union of Marine Insurance (IUMI) has released its Spring Statistics which report on three key sectors: Hull, Cargo and Energy Read More »

Hamburg Süd closes take-over of CCNI’s container liner activities

AJOT | March 31, 2015 | Liner Shipping

Effective 27 March 2015, Hamburg Süd has taken over the container liner activities of Compañía Chilena de Navegación Interoceánica S.A. (CCNI) including the related general agency functions of Agunsa Agencias Universales S.A. (Agunsa) with headquarters in Valparaiso and Santiago de Chile. Read More »

East-West shippers may see a reversal of trend in container contract costs

AJOT | March 31, 2015 | Liner Shipping

Ocean freight rates for cargoes moving under contracts on major East-West routes have increased for the first time in years, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers seeking to more closely monitor their international freight costs. Read More »

MOL to Name New Chairman, President

AJOT | March 31, 2015 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced the appointment of a new chairman and president. Read More »

MOL to Launch Biannual Vessel Safety Campaign

AJOT | March 31, 2015 | Liner Shipping

MOL President Koichi Muto announced the launch of its biannual safety campaign on April 1, targeting all MOL group-operated vessels. Read More »

Rise in illegal fishing threatens to revive Somali piracy

Reuters | March 31, 2015 | Liner Shipping

A rise in illegal fishing off Somalia could spark a resurgence in piracy, United Nations and Somali fishing officials have warned, nearly three years after the pirates’ last successful hijacking in the Indian Ocean. Read More »