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Maritime

2765 posts

Small liners boxed out of east-west trades

Smaller container shipping lines are pulling out of the east-west trades, no longer able to compete in the big-ship-dominated markets. The recent pullout of…
  • May 3, 2013
  • 2 minute read

CFO of OOIL steps down

Orient Overseas (International) Limited (OOIL) announced that Kenneth Gilbert Cambie has resigned as an executive director and the chief financial officer of the company…
  • May 2, 2013
  • 1 minute read

OOCL names new 13,208-TEU ship, CSCL to order 18,000-TEU vessels

Hong Kong-based Orient Overseas Container Line (OOCL) named its newly delivered 13,208-TEU (20-foot-equivalent) container ship NYK Hercules in a christening ceremony held April 29…
  • May 1, 2013
  • 1 minute read

Ships linked to smuggling face delisting in PH

The Philippine Maritime Industry Authority (MARINA) is implementing a stricter policy in ship registration that aims to delist ships involved in illegal activities. The…
  • April 29, 2013
  • 1 minute read

Evergreen in transpac show of force

Evergreen Line is bolstering its trans-Pacific service network with the launch in May of a new service linking China and the U.S. and with…
  • April 26, 2013
  • 1 minute read

Hapag-Lloyd to boost Asia-North America freight rates

More rate hikes are coming for the Asia trade, this time for the East Asia-North America lane, Hapag-Lloyd announced. The general rate increase (GRI)…
  • April 25, 2013
  • 1 minute read

USL to hike rates for Asia-North America cargo

U.S. Lines (USL) announced general rate increases (GRIs) for shipments from Asia to the United States and Canada. The GRIs will take effect from…
  • April 24, 2013
  • 1 minute read

Evergreen’s new 8,452-TEU ships to ply Asia-Europe trade

Taiwan-based Evergreen Line announced it is deploying its two newly delivered 8,452-TEU ships on the Far East-Europe trade routes in late April. The Ever…
  • April 22, 2013
  • 1 minute read

CMA CGM’s second 16,000-TEU ship embarks on initial voyage

The second of CMA CGM’s series of three 16,000-TEU (20-foot-equivalent unit) vessels began its first voyage on April 19 in Busan, South Korea. Built…
  • April 20, 2013
  • 1 minute read

JICA endorses opening of GenSan-Bitung seafreight link

The Japan International Cooperation Agency (JICA) has called for the setting up of a sea link dedicated to freight services between General Santos City…
  • April 18, 2013
  • 3 minute read

Evergreen Line strengthens Far East-South America network

Taiwan’s Evergreen Line is joining forces with China’s Cosco Container Lines and Israel-based Zim Integrated Shipping Services to upgrade its Far East-South America (ESA)…
  • April 17, 2013
  • 1 minute read

Hapag-Lloyd increasing Asia rates from May

German carrier Hapag-Lloyd is planning a series of general rate increases affecting the Asia trade effective the middle of May. The company will boost…
  • April 16, 2013
  • 1 minute read

Carriers will be hard put to sustain rate hikes in 2013

Box ship operators will be in a constant battle to sustain rates and stay profitable this year as more ships are poised to join…
  • April 15, 2013
  • 2 minute read

PH container throughput up 2% in Jan-Feb

The Philippine Ports Authority (PPA) reported steady growth in cargo volume in the first two months of the year, with containerized throughput rising 1.91%…
  • April 14, 2013
  • 2 minute read

Ships jam HK harbor as talks fail to end strike

HONG KONG faced a buildup of cargo vessels waiting to load and unload on its famed Victoria Harbour as the first day of talks…
  • April 14, 2013
  • 4 minute read

Manila North Harbor operator revives rate hike petition

North Port operator Manila North Harbour Port Inc. (MNHPI) has revived its petition for a cargo-handling rate hike after the three-year rate increase moratorium…
  • April 14, 2013
  • 2 minute read

Evergreen Line launches new intra-Asia service

In order to meet the growing market demand on the Intra-Asia trades, Evergreen Line is launching its new CPM service linking South China, Philippines…
  • April 14, 2013
  • 1 minute read

Maersk Line includes Busan in Asia-Europe calls

Danish carrier Maersk Line is adding Busan Port in South Korea to the schedule of its Asia-Europe service called AE10. Busan Port is one…
  • April 13, 2013
  • 1 minute read

CMA CGM to launch new Asia-Red Sea loop

French ocean carrier CMA CGM will introduce a new fixed-day weekly service on the Asia-Red Sea route in May, expanding its coverage of the…
  • April 13, 2013
  • 1 minute read

Hapag-Lloyd tweaks Asia-US West Coast service

German ocean carrier Hapag-Lloyd will introduce a new Asia-U.S. West Coast service called Pacific China Express (PCX) this month even as it terminates the…
  • April 10, 2013
  • 1 minute read