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Maritime

2765 posts

Box carriers eyeing GRIs for Asia trade

Two ocean carriers are implementing higher rates over the next two months. German container shipping line Hapag-Lloyd announced rate increases for its Japan-East Asia…
  • August 27, 2012
  • 1 minute read

APL bowing out of WTSA

Container carrier APL is quitting the Westbound Transpacific Stabilization Agreement (WTSA), a research and discussion forum of container shipping lines operating in the trade lane from…
  • August 24, 2012
  • 1 minute read

CMA CGM resolute on September peak season surcharge

CMA CGM reiterated on August 20 that the imposition of the peak season surcharge (PSS) on the Asia-Europe trade lane will push through in…
  • August 22, 2012
  • 1 minute read

Wan Hai, MOL merge intra-Asia slings, deploy bigger vessels

Taiwan’s Wan Hai Lines (WHL) and Japan’s Mitsui O.S.K. Lines (MOL) have agreed to merge their Japan-Indonesia services to increase their capacity and coverage of…
  • August 22, 2012
  • 1 minute read

Evergreen Line adds new Far East-Europe loop

Even as overcapacity and weak demand plague this trade lane, Evergreen Line plans to launch a new Asia-Northern Europe route this week. The new…
  • August 20, 2012
  • 1 minute read

NOL appoints former PwC official to board

Neptune Orient Lines (NOL) yesterday named former PricewaterhouseCoopers Singapore Deputy Chairman Quek See Tiat to its board of directors. The Singapore-based transportation and logistics…
  • August 17, 2012
  • 1 minute read

Hapag-Lloyd rates for Far East services to increase

Hapag-Lloyd will implement a series of general rate increases (GRIs) on its East Asia routes as part of its rate restoration program. The GRIs…
  • August 17, 2012
  • 2 minute read

Hapag-Lloyd trims net loss for Q2

Hapag-Lloyd registered a net loss of US$9 million (EUR7.3 million) in the second quarter of the year, a better performance from its $13.1 million…
  • August 15, 2012
  • 1 minute read

Evergreen Line expanding into Myanmar

Evergreen Line of Taiwan announced a new feeder service into Myanmar, to be launched in late August. The new Straits-Yangon service (SYS) will connect…
  • August 15, 2012
  • 1 minute read

Panama government approves canal toll increases

Following the recommendation from the Board of Directors of the Panama Canal Authority (ACP), the Cabinet Council of the Government of the Republic of…
  • August 13, 2012
  • 2 minute read

Vessels set new record for on-time reliability

Ships’ on-time performance reached a record high of 75.7 percent in the second quarter of 2012, up 3.4 percent from the first quarter of…
  • August 13, 2012
  • 2 minute read

MCC kicks off weekly Southeast Asia service

Intra-Asia specialist MCC Transport announced the launch this month of its Intra Asia 3 Service, (IA-3), a new weekly service linking Muara (Brunei), Kota…
  • August 13, 2012
  • 1 minute read

Swire Shipping launches direct Asia-Australasia loop

Swire Shipping, the liner shipping division of The China Navigation Company, has launched a new direct Asia Pacific-Australasia (APA) service that will operate from…
  • August 10, 2012
  • 1 minute read

APL reports slim profit in second quarter

APL, the container shipping division of Neptune Orient Lines (NOL), reported second quarter core EBIT (earnings before interest and taxes) of US$7 million compared…
  • August 10, 2012
  • 2 minute read

MSC sets bunker, peak season surcharges on Asia shipments

Mediterranean Shipping Company (MSC) announced it will apply bunker compensation (BUC) on cargo from the Far East to the Mediterranean and North Europe. The…
  • August 8, 2012
  • 1 minute read

Indonesia’s Pelindo III reports increased port calls in H1

Ports in the eastern part of Indonesia posted a slight increase in the number of ship calls in the first half of 2012 owing…
  • August 8, 2012
  • 1 minute read

Box ships levied only partial rate hikes on August 1

Carriers implemented only 3 percent of their general rate increases (GRIs) scheduled for August 1 on the eastbound trans-Pacific trade because of a soft market, according to the latest…
  • August 6, 2012
  • 1 minute read

Hapag-Lloyd cuts proposed Far East-North Europe rate hike

Hapag-Lloyd announced changes to its earlier notice to impose a rate hike and a peak season surcharge on its East Asia-North Europe service for…
  • August 3, 2012
  • 1 minute read

MSC to levy rate hikes on Asia services

Geneva-based carrier Mediterranean Shipping Company (MSC) released a series of bulletins on general rate increases (GRIs) affecting its Asia loops. From August 15, MSC…
  • August 3, 2012
  • 1 minute read

Hapag-Lloyd announces change for Busan port call

Hapag-Lloyd said it is implementing a terminal change for the Busan port calls of five Grand Alliance trans-Pacific services. These services currently call at…
  • August 1, 2012
  • 1 minute read