Liner Shipping

Christening ceremony for the OOCL Utah in Shanghai

AJOT | May 04, 2015 | Liner Shipping

At a christening ceremony for the naming of the OOCL Utah in Shanghai today, OOCL was honored to celebrate the occasion with business partners, distinguished guests, and friends representing the State of Utah that brought special meaning to the event. Read More »

CMA CGM agent in Pointe Noire (Congo) has moved

AJOT | May 04, 2015 | Liner Shipping

CMA CGM agent, DELMAS CONGO (Pointe Noire), has moved to the following address: DELMAS CONGO 15 avenue du Général de Gaulle Immeuble IMMOCO - 2ème étage BP 884 POINTE NOIRE CONGO Please note that phone numbers remain unchanged. Read More »

Kristian Morch to leave Clipper Group

AJOT | May 04, 2015 | Liner Shipping

Clipper Group's partner and co-CEO Kristian Morch, has accepted a position as CEO of Oddfjell SE and will therefore leave Clipper Group. Gary Vogel will take on the responsibility as sole CEO of Clipper Group. Read More »

May 9th start to container service linking India and Middle East

AJOT | May 04, 2015 | Liner Shipping | Ports & Terminals | Ports | Container Port

Evergreen Line and Simatech Shipping will launch a new container service connecting the Indian subcontinent and the Middle East according to the Oman International Container Terminal (OICT) Read More »

Hamburd Süd announces GRI from US to Australia and New Zealand

AJOT | May 04, 2015 | Liner Shipping

Effective June 15, 2015, a General Rate Increase (GRI) will be applied to all cargo moving from the United States East, West and Gulf Coast to Australia & New Zealand Read More »

SeaLand Introduces South Atlantic Express (SAE) Service Enhancements

AJOT | May 04, 2015 | Liner Shipping | Ports & Terminals | Ports | Container Port

SeaLand Introduces service enhancements under the South Atlantic Express (SAE) Service, bringin improved coverage of the east coast of the United States to Central America, the Caribbean and Colombia. These improvements include an additional call to Philadelphia and improved service reliability with an additional 5th vessel rotation. Read More »

CMA CGM to improve connections between Asia and West Africa North range

AJOT | May 04, 2015 | Liner Shipping | Ports & Terminals | Ports | Container Port

CMA CGM Group is continuing to improve its services to Africa. Read More »

Maersk Line implements TransPac GRI

AJOT | May 04, 2015 | Liner Shipping

Maersk Line will be implementing a Transpacific Eastbound (Far East Asia to United States & Canada) General Rate Increase (GRI) for all dry cargo transiting in this lane. This GRI will be effective on June 1st, 2015. Read More »

Maersk meets Iranian officials over seized vessel

Reuters | May 04, 2015 | Liner Shipping

Maersk Line said on Monday it had met again with the Ports & Maritime Organization (PMO) in Iran regarding the seizure of the vessel Maersk Tigris but has yet to receive any official documents from Iranian authorities. Read More »

Dongkuk Steel considers suspending output at shipbuilding steel plant

Reuters | May 04, 2015 | Liner Shipping

South Korea’s Dongkuk Steel Mill said on Monday that it was considering suspending production at a factory making steel used by shipbuilders in the city of Pohang. Read More »

U.S. Navy might accompany other nations’ ships in Strait of Hormuz

Reuters | May 01, 2015 | Liner Shipping

The U.S. military signaled on Friday it may allow warships to accompany other nations’ vessels through the Strait of Hormuz, after Iran’s seizure of a container ship this week prompted the Navy to start accompanying U.S.-flagged vessels. Read More »

Baltic index down on lower rates for panamax and smaller vessels

Reuters | May 01, 2015 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday, pulled down by a fall in rates for panamax and smaller vessels. Read More »

U.S. Navy starts to accompany U.S. ships passing through Strait of Hormuz

Reuters | April 30, 2015 | Liner Shipping

U.S. Navy ships started accompanying U.S.-flagged commercial vessels passing through the Strait of Hormuz on Thursday, seeking to ensure freedom of navigation two days after Iran seized a cargo ship, U.S. defense officials said. Read More »

Baltic sea freight index down on muted vessel activity

Reuters | April 30, 2015 | Liner Shipping

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

Iran embassy says Maersk vessel to be freed after debts settled

Reuters | April 30, 2015 | Liner Shipping

Iran’s embassy in Denmark said the Maersk Tigris vessel that Iranian forces seized on Tuesday would only be released once the Danish shipping company settled debts in a long-running dispute over cargo. Read More »

GE Maritime Milestones: How GE Made Its Mark On Modern Marine History

AJOT | April 30, 2015 | Liner Shipping

From steering to speed, navigation and power supply, the marine industry has seen great progress since the start of the twentieth century. Read More »

Maersk insists on release of ship and crew seized by Iran

Reuters | April 30, 2015 | Liner Shipping

Denmark’s Maersk shipping said on Thursday it insisted on the release of a vessel and crew seized by Iran, adding it assumed the incident was related to a 2005 court case over uncollected cargo. Read More »

COSCO Corp uncertain on offshore market recovery as Q1 profit falls

Reuters | April 30, 2015 | Liner Shipping

Shipbuilder COSCO Corporation Singapore Ltd on Thursday posted a 94 percent slide in first-quarter profit, and said weak oil prices makes a recovery in the offshore marine market uncertain. Read More »

Asia - North Europe container freight rates drop 1.7% to new low

Reuters | April 30, 2015 | Liner Shipping

Freight rates for the shipping of containers from Asia to Northern Europe fell by 1.7 percent to a record low $343 per 20-foot container (TEU) in the week ended Thursday, a source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »

Big data helps shipping lines cut fuel bills and emissions

Reuters | April 29, 2015 | Liner Shipping

By focusing on operational improvements, shipping companies are reducing fuel consumption, saving money and cutting greenhouse emissions, while continuing to increase the amount of freight transported. Read More »