Liner Shipping

TSA Lines Move To Stabilize Rates, Meet Sustained Cargo Demand

AJOT | May 06, 2015 | Liner Shipping | Ports & Terminals

Carrier group predicts strong Q2 volumes and effective supply in line with demand; recommends June and July GRIs, peak season surcharge. Read More »

Hapag Lloyd Malaysia Terminal Handling Charges

AJOT | May 06, 2015 | Liner Shipping | Ports & Terminals

Hapag-Lloyd informs about revision of THCs in Malaysia as from June 1, 2015. Read More »

WISTA-UK aims to help combat corruption and bribery in the maritime industry

AJOT | May 06, 2015 | Liner Shipping

Combating corruption and bribery in the maritime industry was the key topic of conversation at the WISTA-UK Annual General Meeting (AGM) held at Mazard LLP, Tower Bridge House in London Read More »

Hapag Lloyd Spain and Portugal - Overweight Additional Inland (OAD)

AJOT | May 06, 2015 | Liner Shipping | Ports & Terminals

Hapag-Lloyd informs about application of Overweight Additional for Spain & Portugal Inland haulages. Read More »

U.S. Navy stops accompanying ships through Strait of Hormuz

Reuters | May 06, 2015 | Liner Shipping

The U.S. Navy has stopped accompanying commercial ships through the Strait of Hormuz, a mission it began last week in the wake of Iran’s seizure of a cargo ship, the Pentagon said on Wednesday. Read More »

Iran says dispute over seized Maersk ship could be settled in days

Reuters | May 06, 2015 | Liner Shipping

Iran said on Wednesday a legal settlement could be reached soon over its seizure of a Marshall-Islands flagged Maersk Tigris container ship in the Strait of Hormuz last month, the official IRNA news agency reported. Read More »

Philippines, Japan coast guards hold anti-piracy drills

Reuters | May 06, 2015 | Liner Shipping

Philippine and Japanese coast guard teams staged an anti-piracy drill on Wednesday, featuring the storming of a cargo vessel after a mock hijack, in a show of maritime cooperation between the two nations amid rising tension in Asian waters. Read More »

Saudi shipper Bahri hopes to issue sukuk this quarter

Reuters | May 06, 2015 | Liner Shipping

National Shipping Company of Saudi Arabia (Bahri) plans to make a debut sukuk issue worth up to 3.9 billion riyals ($1.04 billion) this quarter, the company’s vice chief executive officer for finance Mohammad Alotaibi said on Wednesday. Read More »

Diana Containerships Inc. Announces Time Charter Contract for M/V Pamina With Zim

GlobeNewswire | May 05, 2015 | Liner Shipping

Diana Containership entered into a time charter contract with Zim Integrated Shipping Services Ltd, for one of its Panamax container vessels, the m/v Pamina Read More »

Specialty Motors Keep Shipping Industry Afloat

AJOT | May 04, 2015 | Liner Shipping

When large specialty motors catastrophically fail at sea, finding a suitable replacement within days – not months – is critical to bring production back online and minimize loss of revenue Read More »

Matson reports net income of $25 million for quarter

AJOT | May 04, 2015 | Liner Shipping

Matson, Inc. reported net income of $25.0 million, or $0.57 per diluted share for the quarter ended March 31, 2015. Net income for the quarter ended March 31, 2014 was $3.4 million, or $0.08 per diluted share. Consolidated revenue for the first quarter 2015 was $398.2 million compared with $392.5 million reported for the first quarter 2014. Read More »

NYK annual profit soars 44% to US$352 million on 7.4% revenue rise

AJOT | May 04, 2015 | Liner Shipping

Nippon Yusen Kaisha (NYK), posted a 44% year-on-year increase in net profit in FY 2014 to ¥47.5 billion (US$395.4 million) drawn on revenues of ¥2.4 trillion, an increase of 7.4 per cent. Read More »

MOL profits up on improved revenues

AJOT | May 04, 2015 | Liner Shipping

Mitsui OSK Lines (MOL) annual profit rose 35.5% to US$352 million on 5% revenue increase. Read More »

OOCL withdraws Asia-Europe sailing in response to tepid Labor Day demand

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

OOCL cancels Asia-Europe sailing in response to tepid Labor Day demand Read More »

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 »