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Maritime News

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11/28/2014
HONG KONG — United Arab Shipping Co. today named the industry’s first-ever liquefied natural gas-ready ultra-large container vessel at Ulsan in Korea, with Sajir becoming the first of 17 vessels ordered by the carrier. Sajir will begin operating on the Asia–North Europe route after delivery, the line said in a statement....
11/28/2014
MOL is a member of the G6 Alliance.HONG KONG — There will be no speedy solution to the congestion that is creating bottlenecks at ports around the world as terminals battle to cope with growing trade and surges in container volume. Stanley Smulders, senior vice president for Asia-Europe and West Africa...
11/28/2014
HONG KONG — Orient Overseas Container Line (OOCL) became the latest carrier to postpone a port congestion surcharge for cargo entering North America via West Coast gateways, reversing a decision to impose the levy announced just days ago. OOCL has put on hold a West Coast port congestion surcharge.With carrier schedules...
11/27/2014
HONG KONG — The revenue container shipping lines are achieving per TEU has been falling steadily over the past three years as freight rates continue to weaken under the burden of excess capacity. Revenue per TEU has fallen steadily since 2012.According to data from DynaLiner, revenue per TEU in the past...
11/26/2014
The International Maritime Organization last week agreed to an amended rule requiring container weights to be verified before boxes are loaded, cementing the rule’s implementation in July 2016. Under the revised rule, the weight of the container must be verified either by weighting the unit or weighing all the cargo it...



 
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