Liner Shipping

UASC expands in South America

AJOT | February 09, 2015 | Liner Shipping

Extension of relationship with local agency partner, Ultramar, marks next phase of UASC’s growing presence in South America Read More »

Hapag Lloyd issues applicability WRS for Libya – Implementation War Risk Surcharge

AJOT | February 09, 2015 | Liner Shipping

Hapag-Lloyd confirms applicability of WRS for Import and Export. Read More »

Hapag Lloyd Bunker Adjustment Factor Update – North East Asia to Australia

AJOT | February 09, 2015 | Liner Shipping

Hapag-Lloyd announces Bunker Adjustment Factor effective March 7, 2015. Read More »

With the CMA CGM TIGRIS, CMA CGM reaffirms its development strategy in Brazil

AJOT | February 09, 2015 | Liner Shipping

The CMA CGM Group introduces the biggest vessel in TEUs capacity ever calling Brazil. CMA CGM reinforces its positions in Brazil and adapts its fleet to the Brazilian market specificities. Read More »

CMA CGM announces services from West Africa to DP World London Gateway

AJOT | February 06, 2015 | Liner Shipping | Ports & Terminals | Terminals | Terminal Operator | Ports

One of the world’s largest container shipping lines has announced services from West Africa to DP World London Gateway Port. Read More »

Saturday Gate Ops Begin February 7 In Port of Charleston

AJOT | February 06, 2015 | Liner Shipping | Ports & Terminals | Terminals | Ports | Container Port

In an effort to further enhance reliability, velocity and truck productivity in the Port of Charleston, the South Carolina Ports Authority is extending container gate hours Read More »

Hapag Lloyd announces California Central America Express Service (CCE) – change of terminal at LA

AJOT | February 06, 2015 | Liner Shipping | Ports & Terminals | Terminals | Terminal Operator | Ports | Container Port

Hapag-Lloyd informs about change of terminal to Long Beach for CCE Service. Read More »

Asia-Europe container freight rates fall 8.3%

Reuters | February 06, 2015 | Liner Shipping

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 8.3 percent to $1,057 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters. Read More »

With the CMA CGM TIGRIS, CMA CGM reaffirms its development strategy in Brazil

AJOT | February 06, 2015 | Liner Shipping

CMA CGM Group announced that the CMA CGM TIGRIS, one of the latest CMA CGM vessels, will be calling the Port of Santos on February, 6th. CMA CGM will be the first carrier to introduce a vessel of such a capacity in Brazil. Read More »

Hutchison Port Holdings Trust swings into red in Q4 on goodwill impairment

Reuters | February 06, 2015 | Liner Shipping

Hutchison Port Holdings Trust said on Friday it swung into loss in the last quarter of 2014 due to a HK$19 billion ($2.45 billion) impairment of goodwill, the first quarterly loss the trust has suffered since listing in 2011. Read More »

CMA-CGM announces GRR From all Asian ports to Sri Lanka, Pakistan and IndiaI

AJOT | February 05, 2015 | Liner Shipping

In a continued effort to maintain its service quality on CIMEX Lines, CMA CGM group announces Rate Restoration Program. Read More »

Nigeria says it will detain vessels with guards on board

AJOT | February 05, 2015 | Liner Shipping

The Nigerian Federal Government revealed intentions to detain any vessel entering the country’s territorial and coastal waters with security escorts on board. Read More »

Port of Boston welcomes the return of Maersk Line

AJOT | February 05, 2015 | Liner Shipping | Ports & Terminals

Maersk Line joins the growing list of shipping lines calling at the Port of Boston’s Conley Container Terminal with the arrival of the Sealand Illinois, the Massachusetts Port Authority (Massport) announced.    Read More »

CMA CGM and Hamburg Süd expand their existing cooperation

AJOT | February 05, 2015 | Liner Shipping

The CMA CGM Group and Hamburg Süd have announced that they have reached an agreement to further enhance their existing cooperation. Read More »

Greek cargo ship attacked off Nigeria; one crew member killed

Reuters | February 04, 2015 | Liner Shipping

Gunmen attacked a Greek-owned tanker while it was waiting to load off Nigeria late on Tuesday, killing its Greek deputy captain and taking hostage three other crew, Greece’s coastguard said on Wednesday. Read More »

Robust Asia imports underscore need to improve freight rates

AJOT | February 04, 2015 | Liner Shipping

Cargo demand for Asian containerized imports has remained strong through the typically slower winter season and heading into the Lunar New Year holidays, according to container line data collected by the Transpacific Stabilization Agreement (TSA). Read More »

MOL car carrier rescues drifting fishermen

AJOT | February 04, 2015 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. has announced that on Sunday, February 1, 2015, the MOL-operated car carrier Astral Ace found drifting castaways near Malay Peninsula in the South China Sea, and was able to safely rescue two Malaysian and three Indonesian fishermen. Read More »

Danish shipping company Copenship files for bankruptcy

Reuters | February 04, 2015 | Liner Shipping

Privately-owned shipping company Copenship has filed for bankruptcy in Copenhagen after losses in the dry bulk market, its Chief Executive Michael Fenger told Reuters. Read More »

Hyundai Merchant Marine appoints Inchcape Shipping Services for Australian Liner business

AJOT | February 03, 2015 | Liner Shipping | Ports & Terminals

Hyundai Merchant Marine (HMM) has announced that their Australian container liner business will be handled by Inchcape Shipping Services (ISS), the world-leading marine, cargo and supply chain solutions provider, effective from 1st February 2015. Read More »

Baltic index slide continues as capesize and panamax rates drop

Reuters | February 02, 2015 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its slide on Monday, hitting a new near-three decade low as rates for all four vessel segments fell. Read More »