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Maritime

2765 posts

CSAV restructures Asia-South and Central America loops

Chilean shipping company CSAV announced the revamp of its Andex Sling 1 and Andex Sling 2 services effective third week of October 2011. The…
  • October 16, 2011
  • 1 minute read

“K” Line launches China-Philippines-Indonesia route

Kawasaki Kisen Kaisha (“K” Line) has added a new weekly service from Northeast Asia to Southeast Asia as a slot operator effective November 3,…
  • October 15, 2011
  • 1 minute read

Drewry: Overcapacity-related losses for ocean carriers in 2011

Despite a global demand forecast of 7 percent, ocean carriers will still lose money in 2011 due to a structural overcapacity across the core…
  • October 13, 2011
  • 3 minute read

PH cargo throughput up 1.45% from Jan-July

Philippine cargo throughput grew 1.45% in the first seven months of the year, thanks to the strong performance of domestic containerized cargo. According to…
  • October 12, 2011
  • 3 minute read

MCC Transport Phils excited about business prospects

MCC Transport Philippines, Inc (MCCP) remains excited about prospects for the country’s domestic shipping industry as they launch their newest vessel, M/V MCC Luzon.…
  • October 12, 2011
  • 2 minute read

PH ro-ro project to be renegotiated

French firm Eiffel Matiere S.A. has agreed to renegotiate the P15-billion GMA (Greater Maritime Access) Ro-Ro port project contract it entered into with the…
  • October 12, 2011
  • 1 minute read

CMA CGM declares new rate hikes and surcharges for October

French container transportation and shipping company CMA CGM is imposing a new round of rate increases and peak season surcharges from October 2011 as…
  • October 10, 2011
  • 1 minute read

Maersk schedules U.S.-Asia freight rate hikes

Maersk Line, the world’s biggest cargo shipping company, announced general rate increases (GRIs) from the U.S. to Asia starting November 15, 2011. The Copenhagen-based…
  • October 8, 2011
  • 1 minute read

Evergreen revamps intra-Asia services

Anticipating a growing intra-Asia seaborne trade, Evergreen Line will realign its fleet deployment and launch new weekly services effective mid-October 2011. Its existing Hua…
  • October 7, 2011
  • 1 minute read

Negros, ATSCI cut revenue, volume prospects

PHILIPPINE companies Negros Navigation Co (Nenaco) and ATS Consolidated, Inc (ATSCI) are reducing their consolidated revenue and volume targets for 2011 due to rising…
  • October 6, 2011
  • 1 minute read

Hong Kong shippers forecast bleak global market in Q4

Hong Kong shippers see a bleak global container shipping market in the last few months of 2011, as rates fell about 50 percent in…
  • October 5, 2011
  • 1 minute read

Maersk study shows slow-steaming not harmful to engines

A.P. Moller-Maersk forecasts that slow-steaming as a way to cut fuel costs will likely become a trend following the results of its study showing that…
  • October 5, 2011
  • 1 minute read

WTSA plans commodity rate increases in November

Member lines of the Westbound Transpacific Stabilization Agreement (WTSA) are set to impose rate hikes on November 1, 2011 based on specific kinds of…
  • October 3, 2011
  • 2 minute read

MSC hikes U.S.-Asia rates

Mediterranean Shipping Co. (MSC) announced a rate hike for its United States-Far East service effective November 1, 2011. The Swiss carrier explained that the…
  • October 3, 2011
  • 1 minute read

Hanjin adding India-China service

A direct Far East-West India service will be launched end of October by Hanjin Shipping and its two partner carriers, the South Korea-based shipping…
  • October 2, 2011
  • 1 minute read

Expand ro-ro system to include cha-ro, PH gov’t advised

A private, research and advisory institute is advocating the amendment of Executive Order 170 to include the use of chassis-roll on-roll off (cha-ro) in…
  • September 29, 2011
  • 2 minute read

Keppel PH delisting moving along

KS Investments Pte Ltd, parent company of shipyard operator Keppel Philippine Marine, Inc (KPMI), acquired a total of 36.84 million shares or 1.83% in…
  • September 28, 2011
  • 1 minute read

Maersk Line names new Thailand country manager

Maersk Line has appointed Henrik Jensen as its new country manager for Thailand. In this role, Jensen will develop and execute the country’s business…
  • September 26, 2011
  • 1 minute read

MSC raises TEU rates from SE Asia to Australia

Geneva-based Mediterranean Shipping Co. (MSC) announced a general rate increase (GRI) for all cargo from Thailand, Indonesia, Vietnam, Malaysia and Singapore to any Australia…
  • September 23, 2011
  • 1 minute read

Cebu is next port for radiation-detection equipment

The United States government plans to equip the Port of Cebu in southern Philippines with radiation-detection equipment by 2013. US Department of Energy (DOE)…
  • September 20, 2011
  • 2 minute read