Liner Shipping

WWL opens a new Vehicle Processing Center in the Dongjiang Free Trade Zone in Tianjin, China

AJOT | March 13, 2015 | Liner Shipping

Wallenius Wilhelmsen Logistics started operations in January 2015 of their third Vehicle Processing Center in China. Read More »

Oil prices extend losses in late trading

Reuters | March 12, 2015 | Energy | Liner Shipping

Losses in benchmark Brent and U.S. crude oil briefly accelerated in Thursday’s late trade as the dollar pared its earlier weakness, weighing on commodities priced in the currency. Read More »

More than half of Mercuria’s South Korea bunker traders leave

Reuters | March 12, 2015 | Liner Shipping

More than half of a South Korea-based marine fuel trading team taken on by Swiss trading house Mercuria following the collapse of OW Bunker has left after just over three months, two trading sources said on Thursday. Read More »

AAL unveils fleet expansion plans for 2015 to support its global business growth

AJOT | March 11, 2015 | Liner Shipping

AAL fleet to surpass 500,000 dwt to meet increased customer demand Read More »

MSC Oscar makes maiden call at Port of Felixstowe

AJOT | March 09, 2015 | Liner Shipping | Ports & Terminals | Ports | Container Port

The latest vessel to hold the title of world’s largest container ship, the 19,224 TEU MSC Oscar, has made its maiden call at the Port of Felixstowe, the Port of Britain. Read More »

Hapag Lloyd announces ad hoc omission of Sydney

AJOT | March 09, 2015 | Liner Shipping | Ports & Terminals | Ports | Container Port

Hapag-Lloyd announces ad hoc omission of Sydney by M/V Safmarine Mulanje V512E. Read More »

Hamburg Sud CEO targets higher sales, volumes in 2015

Reuters | March 09, 2015 | Liner Shipping

Hamburg Sud expects to increase sales and volumes this year, Wirtschaftswoche reported, citing chief executive Ottmar Gast. Read More »

CGM CMA GRI from Douala to Asia, India, Middle East & Gulf

AJOT | March 09, 2015 | Liner Shipping

CMA CGM announces a Rate Restoration Program for Douala to Asia, India, Middle East & Gulf: Read More »

Contingency plan on CMA CGM BEX line for Week 11

AJOT | March 09, 2015 | Liner Shipping | Ports & Terminals | Terminals | Ports | Container Port

Week 11, CMA CGM Med NAF Lines will reduce the deployed capacity on Asia/East Med and Black Sea routes. Read More »

Cargotec’s Kalmar signs significant further automation contract with DP World London Gateway

AJOT | March 09, 2015 | Liner Shipping | Ports & Terminals | Terminals | Terminal Operator | Ports | Container Port

Kalmar, part of Cargotec, has signed a significant repeat automation contract with DP World London Gateway to deliver an additional system of 20 automatic stacking cranes as the port continues its expansion programme and invests in a third berth following the successful launch of berths 1 and 2. Read More »

SafmarineMPV extends its USA to West Africa multi-purpose shipping service southbound

AJOT | March 09, 2015 | Liner Shipping

Multipurpose shipping line SafmarineMPV, which offers project cargo, break-bulk and container services to West Africa - is expanding its service on the USA-West Africa trade to include Congo and Angola. Read More »

Strong demand for vessels prop up Baltic sea freight index

Reuters | March 09, 2015 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose Friday on strong demand for vessels across all segments. Read More »

European shipping industry – Innovate to stay ahead of the game

AJOT | March 06, 2015 | Liner Shipping

Europe has a major role to play in driving the maritime industry forward, said Tor Svensen, CEO of DNV GL – Maritime, in his keynote speech on innovation at the European Shipping Week in Brussels. Read More »

Surplus cash costs weigh on earnings of German transport bank DVB

Reuters | March 05, 2015 | Breakbulk & Projects | Breakbulk | Liner Shipping

German transport bank DVB's 2014 net profit fell 23 percent partly due to the cost of holding surplus cash as borrowers repaid loans faster than the lender could attract new business, Chief Executive Wolfgang Driese said. Read More »

China says detained ship involved in “normal trade cooperation”

Reuters | March 05, 2015 | Liner Shipping

China's foreign ministry said that a ship detained in Colombia for illegally transporting arms and operated by China's largest shipping group was involved in "normal trade cooperation". Read More »

Colombia detains China Cosco Shipping vessel over illegal arms

Reuters | March 05, 2015 | Liner Shipping

Colombian authorities detained a vessel operated by China's largest shipping group for illegally transporting thousands of cannon shells, about 100 tons of gunpowder and other materials used to make explosives, the attorney general's office said. Read More »

Senate Committee Approves Vessel Discharge Reform Legislation

PR Newswire | March 05, 2015 | Liner Shipping

ARLINGTON, Va., March 5, 2015 /PRNewswire-USNewswire/ -- The bipartisan effort to establish a uniform national framework for the regulation of vessel discharges took another step forward as the Senate Committee on Commerce, Science and Transportation approved S. 373, the Vessel Incidental Discharge Act, with strong bipartisan support.

Read More »

Stronger panamaxes drive up Baltic sea freight index

Reuters | March 05, 2015 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the panamax and smaller vessel segments. Read More »

Egypt sees Suez Canal zone making up 30-35% of economy

Reuters | March 05, 2015 | Liner Shipping | Ports & Terminals | Canal and Waterway

Egypt expects a planned economic zone near the Suez Canal to eventually make up about a third of Egypt’s economy, the country’s investment minister said on Thursday. Read More »

MOL Liner Announces January 2015 KPI Results for Americas Region

AJOT | March 05, 2015 | Liner Shipping

MOL Liner Ltd. announces the January 2015 results of Regional Key Performance Indicators (KPI) in the Americas Read More »