Liner Shipping

Asia Dry Bulk-Pacific, Atlantic capesize rates set to diverge

Reuters | June 04, 2015 | Liner Shipping

Rates for capesize bulk carriers could diverge next week, holding steady in the Pacific on healthy cargo volumes but easing in the Atlantic on a lack of coal and iron ore cargoes from South Africa and Brazil, ship brokers said. Read More »

The CMA CGM GEORG FORSTER enters the CMA CGM fleet

AJOT | June 03, 2015 | Liner Shipping

The CMA CGM GEORG FORSTER, 2nd of the Group’s 18,000 TEUs capacity vessel series, enters the CMA CGM fleet Read More »

AAL expands liner services division into Prince Rupert

AJOT | June 03, 2015 | Liner Shipping

Expansion provides AAL’s oil & gas customers far greater access to Northern Alberta mining projects Read More »

SeaLand’s Gulfex Terminal Change

AJOT | June 03, 2015 | Liner Shipping

There will be a change in terminal operations in the port of Santos and Itajai, specifically for the Gulfex service. Read More »

Denmark’s Maersk places $1.8 bln vessel order with Daewoo Shipbuilding

Reuters | June 02, 2015 | Liner Shipping

Maersk Line, the world’s largest container shipping company, said on Tuesday it has struck a $1.8 billion deal for 11 new ultra-large vessels from South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd . Read More »

DNV GL Award for Young Professionals: Towards safer, smarter and greener shipping

AJOT | June 01, 2015 | Liner Shipping

DNV GL rewarded three engineers for their scientific research at Nor-Shipping today and presented them with the DNV GL Award for Young Professionals. Read More »

The CMA CGM Group to improve its West African offer by launching its WAZZAN service

AJOT | June 01, 2015 | Liner Shipping

The CMA CGM Group announced the launching of a new service. The WAZZAN service will join Morocoo to North West Africa, and improve its Intra African coverage. Read More »

Saudi regulator approves shipper Bahri’s sukuk issue

Reuters | June 01, 2015 | Liner Shipping

Saudi Arabia’s Capital Market Authority has granted approval to National Shipping Company of Saudi Arabia (Bahri) to issue a sukuk, the market regulator said in a bourse filing on Monday. Read More »

Crowley selected to manage 4 Jones Act ships for the Pasha Group

AJOT | June 01, 2015 | Liner Shipping

Crowley Maritime Corp.’s global ship management group has been awarded a new contract with Sunrise Operations LLC, a subsidiary of The Pasha Group, of San Rafael, Calif., for the operation, crewing and maintenance of four Jones Act ships operating between the U.S. West Coast and Hawaii. Read More »

Matson completes Alaska acquisition for $469 Million

AJOT | June 01, 2015 | Liner Shipping

Separately and immediately preceding the completion of the Transaction, Horizon completed the sale of its Hawaii trade lane assets and liabilities to The Pasha Group for $141.5 million. Read More »

Asia - North Europe freight rates at lowest since 2009

Reuters | May 29, 2015 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 23 percent to $342 per 20-foot container (TEU) in the week ending on Friday, traders with access to Shanghai Containerized Freight Index data told Reuters. Read More »

Raytheon Anschutz expands U.S. operations

PR Newswire | May 29, 2015 | Liner Shipping

Raytheon Company (NYSE: RTN) announces the launch of its new subsidiary, Raytheon Anschuetz USA LLC, located in San Diego, Calif. Read More »

Egypt’s GASC buys 240,000 tonnes Russian, Romanian wheat

Reuters | May 28, 2015 | Liner Shipping

Egypt’s state grain buyer, the General Authority for Supply Commodities (GASC), said on Thursday it had bought 240,000 tonnes of Russian and Romanian wheat in a tender for July 1-10 shipment. Read More »

Maritime disputes test China’s peaceful rise

Reuters | May 28, 2015 | Liner Shipping

SOUTHCHINASEA-MARITIME/DIPLOMACY-KEMP (COLUMN)=2:COLUMN-Maritime disputes test China's peaceful rise: Kemp Read More »

Bahri signed an agreement to build 5 crude carriers with Hyundai Samho Heavy Industries Co. Ltd.

AJOT | May 28, 2015 | Energy | Maritime | Liner Shipping

The National Shipping Company of Saudi Arabia (Bahri) signed with Hyundai Samho Heavy Industries (HSHI) today, May 21, 2015, an agreement to build 5 VLCCs plus 5 more optional VLCCs. Read More »

Construction Begins on Crowley’s Second Commitment Class, LNG-Powered ConRo Ship for Use in the Puer

AJOT | May 28, 2015 | Liner Shipping

Another landmark moment has taken place in Crowley Maritime Corp.’s history today as VT Halter Marine, Inc. officially began construction on Taíno, the second of two liquefied natural gas (LNG)-powered, combination container - Roll-On/Roll-Off (ConRo) ships for the company’s liner services group. Read More »

Two new shipping lines coming to Packer Avenue Marine Terminal

AJOT | May 26, 2015 | Liner Shipping | Ports & Terminals

Holt Logistics Corp. has announced it has secured two separate but related business agreements that will bring two additional weekly shipments from South and Central America to the Packer Avenue Marine Terminal in South Philadelphia.  Read More »

CMA CGM to launch complete container shipping offering between North America and North Europe

AJOT | May 26, 2015 | Liner Shipping

The CMA CGM Group, one of the world’s leading container shipping companies, has announced that it will launch the market’s most complete container shipping offering between North America and North Europe at the end of May 2015. Read More »

Shipping freight rates drop as operators wrestle with overcapacity

Reuters | May 26, 2015 | Liner Shipping

Shipping freight rates on the world’s busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility in the market as vessel operators continue to wrestle with overcapacity. Read More »

MOL Liner announces April 2015 KPI results for Americas region

AJOT | May 26, 2015 | Liner Shipping

MOL Liner Ltd. announces the April 2015 results of Regional Key Performance Indicators (KPI) in the Americas in the following categories: operations, customer service, and electronic data interchange (EDI). Read More »