Hapag-Lloyd announced it will increase its rates on the Far East westbound trade by US$750 per 20-foot equivalent unit. Effective March 1, 2012, the new…
Mitsui O.S.K. Lines (MOL) is to cease in February its slot charter arrangement with Orient Overseas Container Line’s (OOCL) weekly Philippine feeder service PHF2…
Mediterranean Shipping Company (MSC) announced a general rate increase (GRI) for all cargo on the US-Far East trade from March 2012. The Swiss carrier…
The Philippine Liner Shipping Association (PLSA) has deferred its decision on the imposition of a bunker fuel surcharge (BFS) even with another increase in…
MSC poises rate hikes on Europe-Far East/Middle East trades
Mediterranean Shipping Company (MSC) announced general rate increases (GRIs) for the Europe-Far East and Middle East trade lanes effective February and March 2012. From…
Maersk Line has joined forces with Ericsson to bring global mobile telecommunications to the oceans. Introducing extended connectivity to vessels will allow Maersk Line…
Rickmers-Linie’s latest vessel named Rickmers Tianjin in the port of Mumbai
As part of its upgrading program for its Europe India service, Rickmers-Linie, has added the 17,000dwt newbuilding Rickmers Tianjin to the schedule. The base…
Maersk fleet to use Ericsson mobile and broadband technology
Maersk Line, the world’s largest ocean carrier, and Swedish telecommunications company Ericsson announced a partnership to equip Maersk Line’s entire fleet with mobile and…
Zim eyes rate hike on Indian subcontinent-Europe/ Mediterranean loops
Zim announced a general rate increase (GRI) on the Indian subcontinent-North/South Europe, Mediterranean and Black Sea trades from February 1, 2012. The GRI will…
CaroTrans launches direct Los Angeles-Vietnam LCL service
CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has introduced a direct Los Angeles-Ho Chi Minh export and import service…
Philippine registry fails to attract foreign shipowners
Foreign shipping operators continue to shy away from the Philippine registry, with some Philippine-flagged overseas-going vessels even reflagging to avail of better benefits from…
The Philippine Maritime Industry Authority (Marina) registered a 47% increase in vessel acquisition for the domestic trade in the first 11 months of 2011,…
MOL president says 2012 to be harsh, unpredictable
Mitsuo O.S.K. Lines (MOL) president Koichi Muto said his company is preparing for “a prolonged harsh business environment” in 2012, during which period the…
