G6 Alliance moves launch of Asia-Europe service up to March 2012-2-9Members of the G6 Alliance announced today that their groundbreaking cooperation in Asia-Europe container shipping will begin operation in the first week of March - one month ahead of schedule.
Martek BNWAS the first to be approved by USCG 2012-2-9Martek Marine's bridge watch and alarm system (BNWAS) Navgard has become the first system to attain US Coast Guard approval.
ICS Board meets in London 2012-2-9The Board of Directors of the International Chamber of Shipping (ICS), whose member national shipowners' associations represent all sectors and trades and more than 80% of the world merchant fleet, met in London on 6 February.
Changing face of VLCC spot market 2012-2-9With so much discussion of the poor freight rates available to VLCC owners hiring their ships out for voyages from the Middle East to major consumers east and west, it is informative to see how much the spot market for VLCCs has changed in just a few years.
European Maritime and Other Freight and Logistics Sector Jobs Subject to 'Social Dumping' 2012-2-9The men who served the merchant marine in time of war were remembered yesterday in a touching memorial service in the harbour at Aberdeen as North Sea Trades Unions and affiliates to the International Transport Workers Federation (ITF) made their point regarding 'Social Dumping' in an industry they witness being devalued despite EU recommendations to halt the practice.
MSC takes delivery of third of five 13,050-TEUers 2012-2-8Mediterranean Shipping Company (MSC) has received the third in a series of five ships ordered in October 2007 from Daewoo Shipbuilding & Marine Engineering (DSME) in Korea, to be chartered on its Far East-North Europe Lion service along with MSC Trieste delivered in December 2011, Exim News Service reports.
HHLA expands market position 2012-2-8Hamburger Hafen und Logistik AG (HHLA) increased its container throughput by 21 percent in the 2011 financial year. This means that HHLA grew at a much faster rate than its main competitors and succeeded in gaining market share.
Containerships adds Pori to its shortsea network 2012-2-8The Finnish port of Pori will be added to the Containerships shortsea network as from March 2012. The new service will consist of a weekly sailing from Pori to Sodertalje, Klaipeda, Teesport, Sheerness and Ghent with further connections to Rotterdam, Ireland and St. Petersburg via transhipment.
World Wide Supply orders 2 more Damen Platform Supply Vessels 2012-2-8Norwegian shipowner World Wide Supply (WWS) has ordered another two PSV 3300 CD's with Damen Shipyards. The two platform suppliers are added to the four that WWS announced to be built in December 2011.
Maersk to drop around Africa MEW1 service 2012-2-8Danish shipping giant, Maersk Line, will drop its around Africa MEW1 loop on February 19, which links the West Mediterranean, West Africa, South Africa and the Middle East.
Seattle names APL top shipping line for environment 2012-2-7Global container carrier APL has been named the most environmentally responsible shipping line at the Port of Seattle.
MOL to scrap 5 double hull tankers 2012-2-7MITSUI O.S.K. Lines (MOL) recently announced its decision to scrap five double-hull tankers (four VLCCs, one Suezmax) by the end of March 2012.
Prospects for shipping look bleak in 2012 2012-2-7According to Fitch, the global rating agency, prospects for the shipping sector look bleak and show slim chances of revival during the year owing to unfavourable demand-supply dynamics in the global scenario, Exim News Service reports.
Vessel scrapping may reach new high in 2012 2012-2-7As the Baltic Dry Index plumbs all-time depths, those with long memories are recalling the dark days of the 1980s for the shipping markets.
Lines raise rates to claw back 2011 losses 2012-2-7Exporters and importers face higher shipping costs as loss-making and financially troubled shipping lines raise freight rates on key trade routes to Europe, the Mediterranean and South Asia in the next few months.
ZIM to implement GRI in the Asia & Indian sub-continent westbound trade 2012-2-6As of March, 1st 2012 ZIM will implement a General Rate Increase (GRI) of $750 per TEU in order to maintain current levels of service and high reliability.
Damen Shipyards delivers three Cutter Suction Dredgers to Azerbaijan 2012-2-6On 24January 2012 Dutch shipbuilder Damen Shipyards delivered three Cutter Suction Dredgers of its CSD 500 series to the Ministry of Emergency Situations (MES) in Azerbaijan.
Cruise lines may change compensation laws 2012-2-6Travel industry lawyers believe that the Costa Concordia tragedy could prompt a rethink of the terms and conditions by which claims are brought against cruise lines.
Coast Guard Gets P1.6B To Boost Search And Rescue Capability 2012-2-6The Philippine Coast Guard (PCG) will receive an additional P1.6 billion for capital expenditure acquisitions that would boost its emergency response and archipelagic defense capabilities.
Container Shipping Lines and Freight Terminals Targeted by Unions Next Week 2012-2-6Despite the fact that Japan is home to many of the major container shipping lines and some of the most efficient freight terminals in the world next week will see the port of Mishima-Kawanoe on the country's smallest and least populous island of Shikoku targeted by international action by seafarers unions as part of an East Asian 'week of action'.
