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Maritime

2765 posts

Export surge helps Subic Bay cargo volume rise 47%

A 47% surge in container throughput in 2012 powered by exports helped the Subic Bay Metropolitan Authority (SBMA) reverse its losses in the previous…
  • April 9, 2013
  • 2 minute read

Rickmers-Linie adds heavy lift multi-purpose vessel to fleet

Rickmers-Linie is chartering the 19,100 dwt Pacific Winter, a sister ship of Baltic Winter, originally chartered in by Rickmers in December 2011. Rickmers will…
  • April 9, 2013
  • 1 minute read

UASC launches transpac loops, MSC starts new service

United Arab Shipping Company (UASC) is expanding its coverage of Asia and the U.S. West Coast, including inland points in the U.S., by launching…
  • April 5, 2013
  • 2 minute read

USL to hike rates for Asia-US and Canada shipments

U.S. Lines (USL), which is a subsidiary of CMA CGM’s ANL Singapore and which serves the trans-Pacific and Australasia trades, announced new general rate…
  • April 5, 2013
  • 1 minute read

TSA: Market recovery helping GRIs stick, key to contract talks

The gradual upturn in cargo volumes over the past few months will help carriers sustain the latest round of general rate increases (GRIs) that…
  • April 3, 2013
  • 2 minute read

Evergreen Line to create new China-SE Asia sling

A new intra-Asia service linking southern China, the Philippines, and eastern Malaysia will be launched by Evergreen Line in mid-April. Aside from linking the…
  • April 3, 2013
  • 2 minute read

NOL names its first 14,000-TEU box ship

Neptune Orient Lines (NOL) recently christened its newest, largest, and most eco-friendly vessel. The 14,000-TEU (20-foot-equivalent unit) container ship has been officially named APL…
  • April 1, 2013
  • 1 minute read

PISFA, AISL sign MOA on container deposits

The Philippine International Seafreight Forwarders Association (PISFA) recently signed with the Association of International Shipping Lines (AISL) a memorandum of agreement designed to rationalize…
  • March 31, 2013
  • 2 minute read

MOL to add 40-50 vessels, invest $1.5B a year

DASMARIÑAS, Cavite, Philippines –– Mitsui O.S.K. Lines (MOL) is increasing its fleet by about 5% or 40-50 vessels each year as it expects the…
  • March 30, 2013
  • 2 minute read

Export surge helps Subic Bay cargo volume rise 47%

A 47% surge in container throughput in 2012 powered by exports helped the Subic Bay Metropolitan Authority (SBMA) reverse its losses in the previous…
  • March 30, 2013
  • 2 minute read

G6 announces new trans-Pacific port rotations

The G6 Alliance has unveiled its new port rotations on the trans-Pacific following the U.S. Federal Maritime Commission’s approval of its bid to expand…
  • March 25, 2013
  • 2 minute read

MCC Transport alters intra-Asia slings

Singapore-based carrier MCC Transport announced it is revising two of its intra-Asia services, to take effect from April 2013. The intra-Asia specialist said the…
  • March 25, 2013
  • 1 minute read

CKYH to reshuffle Asia-US East coast network

The CKYH alliance comprised of Cosco, “K” Line, Yang Ming, and Hanjin Shipping plan to restructure its current Asia-U.S. East Coast loops effective middle…
  • March 20, 2013
  • 1 minute read

Zim to take part in G6 trade expansion, cancels newbuild orders

Israeli shipping line Zim announced it will seek the approval of the Federal Maritime Commission (FMC) of the United States allowing it to cooperate…
  • March 20, 2013
  • 2 minute read

CMA CGM reports $361 M profit for 2012

France’s CMA CGM announced a net profit of US$361 million for 2012, up from a $5 million loss in 2011, on the back of…
  • March 20, 2013
  • 1 minute read

US approves G6 expansion into trans-Pacific trade

The U.S. Federal Maritime Commission (FMC) voted to allow the G6 Alliance to increase the frequency of vessel port calls on the U.S. East…
  • March 18, 2013
  • 2 minute read

Void sailings shoring up rates but for how long?

Blanked sailings have boosted average ship usage and freight rates in the trans-Pacific and Asia-Europe routes between October 2012 and February 2013, but this…
  • March 17, 2013
  • 2 minute read

Maersk Line to set up Myanmar office

Denmark-based Maersk Line and Singapore-headquartered MCC Transport plan to open a branch office in Myanmar in the second half of 2013 to capitalize on…
  • March 15, 2013
  • 1 minute read

Box lines merge SE Asia-Australia trade services

Two consortiums on the Southeast Asia-Australia trade will consolidate their service networks starting the middle of April, deploying fewer but bigger vessels. The combined…
  • March 15, 2013
  • 1 minute read

Hanjin Shipping expands Indonesia network

South Korea’s largest shipping line, Hanjin Shipping, is introducing new services to its Indonesia network to take advantage of the rising demand in the…
  • March 15, 2013
  • 1 minute read