In this year’s 'Global Container Terminal Operators' annual report, Drewry Maritime Research has introduced an additional ranking of terminal operators which includes SIPG, China Merchants, Modern Terminals and Ports America in the Top 10. The…
The Panama Canal Authority (ACP) and Port Everglades renewed their strategic alliance today with the signing of a Memorandum of Understanding (MOU). First signed in August 2009, the MOU, which is renewable for five years, solidifies both entities’ dedication to growth and best customer practices…
Container shipping leader APL’s on-time performance in the Trans-Pacific trade was 94% for the first half of 2011. In its mid-year report on 2011 vessel reliability, the Singapore-based carrier said today that APL ships missed their arrival…
Plunging rates for chartering container vessels that carry consumer goods means a slowdown and losses for shipping lines in what is traditionally their busiest time of the year, according to a report on Bloomberg.com.As reported earlier today on MarineLink…
Mitsui O.S.K. Lines, Ltd. announced a downward revision of its consolidated business outlook for FY2011, ending March 31, 2012 (April 1, 2011-March 31, 2012), issued on April 28, 2011. For the year, the company has revised revenue generation down 6…
Mitsui O.S.K. Lines, Ltd. upgraded its CX1 feeder service between Panama and Manaus and the beginning of independent operation on the route. The move will provide additional space on this rapidly growing trade with four 1,700 TEU ships and stabilize the schedule to boost service quality…
Mitsui O.S.K. Lines, Ltd. announced an upgrade to its Asia-East Coast South America Service (CSW). From July 2011 through 2012, MOL will launch a total of 10 new 5,600 TEU containerships which will replace its currently-operated vessels on the CSW…
On Saturday, 23 July 2011, Hamburg Süd christened the container ship “Santa Cruz” in Shanghai. Sponsor of the “Santa Cruz” was Heike Schmidt, wife of Dr Heino Schmidt, Member of the Executive Board of Hamburg Süd. Santa Cruz is the fourth…
Drewry Shipping Consultants and The Cleartrade Exchange announced that the World Container Index (WCI), the first Europe-based assessment of container freight rates and index production, is scheduled for launch in September 2011.The index…
Georgia Ports Authority’s (GPA) Executive Director Curtis J. Foltz announced that the GPA handled more than 2.9 million TEUs (Twenty-foot Equivalent Unit containers) at the Port of Savannah, more than 465,000 automobiles and machinery units at the Port of Brunswick and nearly 2…
Drewry Shipping Consultants and The Cleartrade Exchange have announced that the World Container Index (WCI), the first Europe-based assessment of container freight rates and index production, is scheduled for launch in September 2011.The…
Maersk Line, Limited (MLL) has been awarded a multi-year contract for the operation and maintenance of five container and rollon/roll-off ships in support of the Military Sealift Command’s (MSC) and the Marine Corps Prepositioning Program.These “Bobo-class” vessels…
Box Ships Inc., a shipping company specializing in the transportation of containers, announced today that it has entered into an agreement with an unaffiliated third party to purchase the MSC Emma, a 5,060 TEU Panamax containership built in 2004 at the Hanjin Heavy Industries shipyard in Korea…
After the critical shortages of containers of last year, production has picked up again, but high container prices and a tight ratio of containers to vessel slots will continue to constrain the availability of boxes, according to the Container…
Diana Shipping Inc.(NYSE:DSX), a global shipping transportation company specializing in dry bulk cargoes, announced today that the Company has taken delivery on July 7, 2011 of the m/v 'Corona', renamed 'Arethusa', a 73,593 dwt Panamax dry bulk carrier built in 2007…
