Time: 2016-03-12 | Publisher: glafamily
AAL and Peter Döhle Schiffahrts-KG will launch a joint semi-liner service using multipurpose vessels with heavy-lift capability between Asia, the Middle East and Europe.The companies said the new service will combine fixed routes with flexible port calls, using multiple classes of heavy-lift/multipurpose carri...
Time: 2016-03-11 | Publisher: glafamily
The poor relations between Turkey and Russia have the latter focusing on the active development of the Northern Sea Route through the melting Arctic during the next several years, according to recent statements of Russia’s Deputy Prime Minister Dmitry Rogozin.Tensions between the two countries have been dangerousl...
Time: 2016-03-10 | Publisher: glafamily
LONG BEACH, California — For beneficial cargo owners, the marine terminal used to be a big black hole that their containers would fall into and somehow magically emerge a few days later. Today, BCOs are an extension of the operations staff at the most successful ports.“Probably there’s not a day that goes by that BCO...
Time: 2016-03-09 | Publisher: glafamily
WASHINGTON — The U.S. Coast Guard has said it is communicating with the largest global container line group in an effort to hash out the details behind a controversial new container weight rule set to take effect in just 116 days.The news that the two are communicating just days after the World Shipp...
Time: 2016-03-08 | Publisher: glafamily
Ocean container spot freight rates on the Asia-North Europe trade closed in on its all-time low, declining almost 10 percent this week on the world’s largest shipping route.The rate to ship a 20-foot container from Shanghai to Rotterdam fell $26 this week to $231, the second-lowest level since the Shanghai Containerized Freight...
Time: 2016-03-07 | Publisher: glafamily
Hyundai Merchant Marine and Hanjin Shipping would stand a better chance of surviving their crushing debts if the carriers were merged, something that Drewry believes is now a distinct possibility.The London-based analyst said in its Container Insight Weekly previous merger talks between HMM and Hanj...
Time: 2016-03-06 | Publisher: glafamily
The spot rate for shipping a 40-foot container from Shanghai to the U.S. West Coast plunged below $1,000 this week to $884 in a normal seasonal move associated with the Chinese New Year celebrations in Asia. However, the drop was compounded by the overcapacity problem in the trans-Pacific.The rate on all-water services f...
Time: 2016-03-05 | Publisher: glafamily
Hapag-Lloyd plans to more aggressively seek shipments too large or heavy to fit into standard containers, and has established teams in Asia and the Americas to focus on oversize cargo.“Hapag-Lloyd has many years of experience in this attractive segment. We are well-known and renowned for our expertise. Now we intend to reach...
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