Yang Ming, InterAsia add Taiwan-Indonesia loop

Taiwan’s Yang Ming and InterAsia Lines, a subsidiary of Taiwan-based Wan Hai Lines have partnered in launching a dedicated Taiwan-Indonesia lane. Introduced on December…

S&P downgrades ‘K’ Line debt rating

The long-term corporate credit and senior debt rating of Kawasaki Kisen Kaisha (“K” Line) has been cut down to BB from BB+ by ratings…

CSAV adds new service to Asia-Black Sea loop

Compañía Sud Americana de Vapores (CSAV) announced it will add a new service to the Asia-Black Sea trade effective February 2012. The Chilean shipping…

Express lane for PH freight forwarders’ accreditation, renewal in the works

The Philippine International Seafreight Forwarders Association (PISFA) and the Philippine Shippers’ Bureau (PSB) are set to sign a memorandum of agreement (MOA) on January…

Sri Lanka port handles first large-capacity box ship

Sri Lanka handled its first large-capacity carrier when the APL Chongqing anchored on December 19, 2011 at Colombo port, the Sri Lanka Ports Authority…

Grand, New World member-carriers form Asia-Europe alliance

Six international container shipping lines have agreed to create one of the largest vessel networks in the Far East-Europe trade lane. The comprehensive agreement…

MSC implements rate hikes on Asia-Latin America and Caribbean loops

Mediterranean Shipping Company (MSC) announced a second-step general rate increase (GRI) for cargo on the Far East/Asia-Caribbean and Latin America trade lanes for all…

CMA CGM’s ultra-large ship makes first call at Vietnam’s Cai Mep

CMA CGM’s ultra-large vessel Laperouse made its first call on December 19, 2011 at the Cai Mep International Terminal (CMIT) in Ba Ria, Vung…

Maersk Line chief Kolding quits, replaced by Skou

Kolding, 52, is leaving the company to head Danske Bank, Denmark’s biggest financial institution, of which A.P. Moller-Maersk, Maersk Line’s parent company, is the…

Index-linked contracts gaining popularity, says Drewry

London-based Drewry Maritime Research said the US Federal Maritime Commission (FMC) has identified its container freight rate benchmarks published in the Container Freight Rate Insight as…

PH Customs chief open to changes in manifest rules

PHILIPPINE customs commissioner Rozzano Rufino Biazon found the wish list of the Philippine International Seafreight Forwarders Association (PISFA) related to rules on the advance…

MICT offers dedicated reefer express lane

International Container Terminal Services, Inc (ICTSI) recently introduced the Reefer Express Lane (REL) to facilitate movement of reefer vans at the Manila International Container…

PH cargo throughput up 6% from Jan-Oct

Philippine cargo volume increased 5.7% in the first 10 months of the year due to strong exports, especially those passing through private ports. Latest…

Invest in cargo security, PH transport firms urged

Cargo companies should invest heavily on cargo security considering the increasing level of sophistication shown by some criminal elements. This was the message of…

Metro Manila shipyard operators seek exclusive program for local operators

The Metro Manila Shipyard Association, Inc is asking the Philippine Maritime Industry Authority (Marina) to come up with a program solely for local operators.…

Ports, carriers demand declaration of verifiable weights of containers

Four international organizations in the shipping and port operations industry are calling on the International Maritime Organization (IMO) to require ships and ports to…

‘K’ Line adds North China-Vietnam container service

Kawasaki Kisen Kaisha, Ltd (“K” Line) is pleased to announce a newly-added weekly service from North China to Ho Chi Minh City as a…

MSC introduces Asia-South America East Coast route

Mediterranean Shipping Company will launch an Asia-South America East Coast (SAEC) trade lane called Ipanema that will provide a direct service between the two…

OOCL establishes New Zealand–Far East trade network

OOCL announced the launch of the New Zealand-Northeast Asia Express (NZN), a fixed-day weekly service developed through a vessel sharing agreement with CMA CGM.…

European shippers ‘concerned’ over MSC-CMA CGM tie-up

The European Shippers Council (ESC) expressed “interest and concern” over the partnership between MSC and CMA CGM on key trades, citing the need for…