Container Shipping Lines
Container shipping line members of the Grand Alliance reportedly will improve their service between North Asia and the U.S.
Container shipping line Maersk Sealand, owned by Denmark`s shipping and oil conglomerate A.P. Moeller (APM), said on it was ready to expand again after a successful integration of its last major acquisitions. "We aim for a bigger market share and want to grow faster than the market", APM Chief Financial Officer Eivind Kolding said. In 1999 Maersk Line acquired South African shipping group Safmarine and U.S.-based international container line Sea-Land for a total of $1.04 billion
Bloomberg reported that Neptune Orient Lines Ltd. and 11 of the largest shipping companies plying the Pacific Ocean said costs of moving cargo to the U.S. in 2006 will rise 7 percent on higher fuel prices, which may spur them to raise freight rates. The cost of transporting containers by trucks and railways will increase as much as 25 percent, the 12-line Transpacific Stabilization Agreement, whose members ship about 70 percent of trans-Pacific trade, said in a statement today.
APL - the global container shipping line - introduced active RFID technology to its Southern California marine terminal in an important innovation that will speed up cargo container processing. By introducing Real Time Locating System technology at its Global Gateway South (GGS) terminal, APL can reduce by as much as half a day or more the amount of time it takes to track a container in the yard and prepare it for transport
Maersk Line signed a contract with 's Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build 10 of what the company terms as the world's largest and most efficient vessels, with an option for an additional 20 vessels. Scheduled for delivery between 2013 and 2015, they will entirely change the shipping industry's understanding of size and efficiency. Called the 'Triple-E' class for the three main purposes behind their creation -- Economy of scale
Agenda announced for forthcoming JOC Container Shipping Conference in Shanghai, China Drewry Shipping Consultants estimate that container shipping lines collectively lost $5.2 billion in 2011. To thrive in 2012, the industry will have to tackle declining rates and a potentially chaotic round of mergers and acquisitions. Business leaders will discuss the potential scenarios and predictions for the upcoming year at UBM Global Trade's JOC Container Shipping Conference ShanghaiJune 4-5 at the
The 1999 Containerization & Intermodal Institute's Connie Awards will be presented to Evergreen Group Chairman Dr. Yung-fa Chang and J. Robert Bray, Executive Director of the Virginia Port Authority. The awards will be presented at an industry-wide luncheon Dec. 14, 1999 at the Marriott World Trade Center in New York. Both recipients were selected through an industry ballot. Group Chairman Chang is being honored for his leadership in founding and developing Evergreen into one of the world's
Canadian Pacific Ltd., one of Canada's biggest and oldest companies, said it would split into five publicly traded firms, a move aimed at shedding a conglomerate discount that had dogged its stock. Besides CP Rail, Canada's No. 2 railway, Canadian Pacific owns 86 percent of cash-rich PanCanadian Petroleum Ltd., the country's top oil and gas explorer and producer, as well as Fording Coal Ltd., CP Ships, a global shipping firm, and CP Hotels.
NOL Group announced the resignation of Eng Aik Meng as President of its APL shipping business. The container transportation and logistics group has named Kenneth Glenn, currently President of its North Asia Region, as his replacement. NOL said Mr. Eng will leave the company September 1, 2011, to take a new position outside the transportation industry. "We understand Aik Meng's desire to begin a new phase in his career, and we thank him for his contributions to NOL
Troy Container Line Ltd, announced May 14, 2012 the appointment of three key personnel to management positions. Svetlana Azimova has been named Assistant Vice President of Troy Container Line’s Freight Cashier Department; Jonathan Lasker has been appointed Assistant Vice President of the company’s Import Department; and Michael C. Troy II is now the Global Account Manager of Troy Container Line’s Sales Department.
Abu Dhabi Ports Company (ADPC) has signed a ten year agreement with Emirates Aluminium (EMAL), to handle the export logistics of finished aluminium products from EMAL’s production site. The volume of exported metal will grow gradually from 600,000 metric tonnes in 2014 to 750
GAC Sri Lanka has been appointed as the sole authorised agent for multimodal transport operator Sarjak Container lines Pvt (Ltd), handling all their shipping and Non-Vessel Operating Common Carrier (NVOCC) activities in the country. Sarjak specialises in the door-to-door transportation of
Troy Container Line Ltd., an American-owned NVOCC, announced the appointment of Paul Keany as sales representative. Based in the company’s Red Bank, N.J. office, Keany has been charged with expanding Troy Container Line’s long-standing tradition of personalized service and care in New
Despite the ongoing shipping crisis, Becker Marine Systems said it is on course for 2013. The Hamburg-based company was awarded the contract to equip five 18,000-TEU container ships under construction for China Shipping Container Lines with effective high performance rudders.
Troy Container Line, one of the world’s largest American-owned NVOCCs, announced plans to open new services to and from Bolivia; San Antonio, Chile; Callao, Peru; and Paraguay. The recently added South America services will begin with a maiden voyage on Tuesday, June 25, 2013.
Sea Star Line, LLC recently took delivery of 150 new 40’ refrigerated containers in year two of a five year equipment replacement plan. The replacement plan aims to reduce the average age of the entire Sea Star Line refrigerated container fleet to less than three years.
Sea Star Line, LLC announce that its refrigerated cargo monitoring service, StarGuard Elite Service, has been enhanced to provide refrigerated cargo shippers, especially pharmaceutical companies, full visibility of the refrigerated container’s progress, 24/7.
CMA CGM has backed Peel Ports’ £300m Liverpool2 development by doubling the frequency of its feeder service to the port. CMA CGM now offers twice-weekly calls in Liverpool from its hub in Le Havre, France and a new weekly call at Greenock, Scotland and Cork, Ireland
Reederei Claus-Peter Offen has implemented Germanischer Lloyd's (GL) Route Specific Container Stowage (RSCS) notation on the first of its vessels. This begins a roll out of the system which will initially cover a dozen ships of its fleet. The newly introduced class notation
The Cavotec engineering group has won orders worth EUR 7.2 million for several of its Ports & Maritime technologies, including Alternative Maritime Power (AMP) systems, marine propulsion slipring systems, cable reels and high voltage cables for customers in the US, China, Australia, South Korea
Maersk Line informs its customers it will be implementing a General Rate Increase (GRI) for dry cargo shipments from Houston, TX and New Orleans, LA to West Coast South America. All dry cargo shipments loading from Houston, TX and New Orleans, LA to Chile, Colombia, Peru
NVOCCs Clients to Benefit from State-of-the-Art Facility in New York Metro Area Troy Container Line, one of the largest American-owned NVOCCs, is pleased to announce the continuation of its partnership with St. George Warehousing & Trucking of New Jersey (STG) as the warehousing provider
DCT Gdansk and Maersk Line announced the arrival of the first Triple-E class vessel – Mærsk Mc-Kinney Møller – to DCT Gdansk container terminal on her maiden voyage from Asia to Europe. The arrival of the world’s largest container ship in Gdansk is a memorable moment
The fire-fighting teams aboard the 'Maersk Kampala' have succeeded in putting out the fire aboard the container ship say the owners. Some smoke continues to come from containers that had been on fire, but it is considered that this will stop eventually with continued spraying by the tugs and
NVOCC Expands Presence in South Atlantic Market; Adds Ninth New Service in 2013. Troy Container Line, one of the world’s largest American-owned NVOCCs, has announced the launch of new, direct services from Atlanta to Hong Kong and Singapore