»What is Freight Forwarders or Consolidators2014-08-12

The freight forwarder---forwarder---is an individual or firm who renders cargo delivery services. In domestic (local) freight forwarding, it is the delivery of goods usually from the exporter's premises to the local customs in exporting, and vice versa in importing. The customs broker also renders local freight forwarding for exporters and importers.

»Importer's Specified Forwarder or Consolidator and Its Implication2014-08-12

Some importers may specify the forwarder to use for their imports. The international freight forwarder either has own office or a handling agent abroad.

»What is the Forwarding Practices of Exporters2014-08-12

Exporters use the services of a forwarder primarily for convenience. New exporters can benefit from the services of a good and honest forwarder.

»The Cruise Ferries of the Grimaldi Group among the safest in Europe2014-08-08

The flagships of the Grimaldi Group, the cruise ferries "Cruise Barcelona" and "Cruise Europa", ranked among the top six ferries with state-of-art safety standards in Europe. These are the results of a survey recently conducted by ADAC (Allgemeiner Deutscher Automobil-Club), the largest automobile club in Germany and Europe, in cooperation with EuroTest, focused on the safety facilities of 18 passenger ferries operating in the North Sea, the Baltic, the Mediterranean and the Adriatic Sea.

»Hapag-Lloyd to increase Asia-Europe rate2014-08-08

Germany's Hapag-Lloyd will increase rates for all cargo and all container types from the Far East westbound by US$650 per TEU from August 18, the company announced. The increase applies to all shipments from East Asia (excluding Japan) to all north Europe and Mediterranean destinations.

»Sinotrans posts 525pc first half profit increase2014-08-08

Hong Kong listed Sinotrans Shipping has posted a first half 525 per cent profit increase to US$10 drawn on revenues of $112.7 million, an increase of 20.6 per cent, according to Shipping Gazette. "Our cost control was good in the first half and fleet utilisation rate reached nearly 98 per cent. We also locked time charter contracts at around $11,000 per day, and that should help earnings later on," said general manager Li Hua.

»Risk rises when bigger ships carry more via expanded Panama2014-08-08

The Panama Canal Authority has been warned that the greater the value of the cargo transitting the expanded waterway, the greater the risk of loss in the event of accident, according to Shipping Gazette.

»India shipbreaking moved from Steel Ministry to Shipping Ministry2014-08-08

India's shipbreaking has been removed from the Steel Ministry to come under the Shipping Ministry to help the sector attract more business and deflect criticism, reports the Hindu daily of Chennai. This will be done through Shipping Ministry marketing of the shipbreaking beaches, such as the world's largest scrapping area, Alang in Gujarat, said ministerial sources.

»Wärtsilä awarded another design contract for arctic operations2014-08-08

A second confirmed design contract for Wärtsilä's new series of arctic platform supply vessels has been signed. This latest order is for a multi-purpose platform supply vessel (MPSV) being built by Tersan Shipyard in Turkey on behalf of U.S.- based Tidewater Inc, the leading provider of offshore service vessels to the global energy industry. The vessel will be operated by the Norwegian Troms Offshore Supply Group, a 100%-owned subsidiary of Tidewater. There is an option for further three similar vessels.

»Image Line¡¯s maritime division strengthened with new shipping industry contracts2014-08-08

Image Line Communications¡¯ Maritime, Energy & Offshore division has secured new contracts to provide public relations and media services to two more companies operating in the global shipping industry.

»Finnlines invests further in environmental technology2014-08-08

»Eagle Bulk Shipping files for Chapter 11 bankruptcy2014-08-07

Eagle Bulk Shipping filed for bankruptcy, the latest in a string of shipping companies to make a Chapter 11 filing, and said it reached agreement with its lenders to cut its debt by $975 million.

»King Ocean expands at Port Everglades2014-08-05

Port Everglades expects to gain an additional 30,000 containers annually as King Ocean consolidates several Eastern Caribbean services previously calling Terminal Island in Miami.

»Philadelphia first half container volume up 29pc2014-08-01

The Port of Philadelphia handled 219,060 TEU in the first half of 2014, an increase of 29 per cent over the first half of 2013.

»Six years of successful development of logistics between Hamburg and Tianjin2014-08-01

The 200th shipset for Airbus¡¯s A-320 final assembly line (FAL) in Tianjin, China, was loaded on to the containership ¡°COSCO Hope¡± at HHLA¡¯s Container Terminal Tollerort on 28 July and despatched onwards to Asia. Transport by sea to Tianjin lasts around 40 days.

»Port of Oakland June container volume rises 4.6pc2014-08-01

The Port of Oakland handled 205,692 TEU in June, an increase of 4.6 per cent compared to the same month last year

»Manila's ICTSI borrows US$350 million for investments2014-08-01

Manila's International Container Terminal Services Inc (ICTSI) has closed and signed an inaugural loan facility programme for a US$350 million syndicated revolving credit facility with international and domestic banks, according to Shipping Gazette.

»Savannah annual container volume increases 6.3pc2014-08-01

The Port of Savannah handled a record 3.14 million TEU in FY14, up 6.3 per cent or 186,567 TEU year on year, marking the first time the port has surpassed the three million TEU mark in a single year, according to Shipping Gazette.

»Hamburg Sud to acquire Chile's CCNI2014-08-01

German shipping line Hamburg Sud has signed a preliminary deal to acquire the container activities of Chilean shipping line CCNI in a move that will create the world's twelfth largest carrier, according to Shipping Gazette.

»Refurbished Seajacks vessels leave Shipdock Amsterdam ready to work2014-08-01

"Seajacks Leviathan" and "Seajacks Kraken" are prepared for their coming assignments, following a series of repair and renewal jobs by Shipdock Amsterdam. The shipyard, part of Damen Shiprepair & Conversion, had been commissioned for the two jack-ups by Seajacks UK Ltd.