Evergreen Line's 1140-TEU Uni-Adroit set sail across the 100-mile-wide Taiwan Straits for China's northern Xingang port on December 15, 2009 opening a new era of direct ocean shipping following a ceremony at Kaohsiung harbor overseen by Taiwan's President Ma Yin-Jiu. The direct link ends a nearly 60-year suspension of such services between Taiwan and the China mainland. The new direct service was accelerated with the election and inauguration of President Ma earlier this year. The two nations signed an agreement in November to ensure the opening of trade as beneficial to both economies. President Ma noted that Kaohsiung, one of the world's ten largest container ports, will allow Taiwan's southernmost harbor to "take full advantage of its central geographical position in east Asia" and bolster the regional economy. It is expected that all of Taiwan's international harbors will eventually be involved in a trade that will include virtually all of China's ports. Direct waterborne shipping will eliminate the need for vessels to stop at a time-consuming third point — typically Hong Kong or a Japanese island. With annual trade between the two countries valued at some $100b, Taiwanese business groups have sought for a long time to end the ban on Taiwan Strait commerce. The Evergreen service, known as the Taiwan - North China or HBT route, will have the rotation of Kaohsiung－Xingang －Dalian－Qingdao－Kaohsiung.
CMA CGM Group has announced that it has signed with Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and part of Adani Group, an agreement for the development of a new common user Container Terminal at Mundra Port. This will be the 4th Container Terminal in Mundra and will be a 650 meters terminal along with 27 hectares of back area capable of handling 1.3 million TEUs annually.
The CMA CGM Group announced that it has signed with Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and part of Adani Group, an agreement for the development of a new common user Container Terminal at Mundra Port. This will be the fourth Container Terminal in Mundra and will be a 650 meters terminal along with 27 hectares of back area capable of handling 1.3 million TEUs annually.
The Port of San Diego plays a critical role in San Diego County's economic rebound by pumping more than $7.6 billion a year into the region from employment, sales and purchases of goods and services, according to a recent report. "The data confirms the Port of San Diego is a powerful regional economic engine with substantial benefits reaching far and wide," said Board of Port Commissioners Chairman Dan Malcolm
The first cargo ship delivering Iranian goods docked at the Omani port of Sohar, a few weeks after Tehran and Muscat opened a new shipping route. The vessel, titled Genaveh 12, container with a capacity of 96 TEUs, is the first ship put into operation in the new Iran-Oman shipping line, which was opened some two weeks ago. Iran and Oman have recently established a direct shipping line between the two countries to enhance maritime trade
Maersk Line is upgrading its ‘Triple Star’ service by launching direct, weekly northbound connections between New Zealand and North East Asian ports. "We are optimising our ‘Triple Star’ service with the launch of direct, weekly connections between New Zealand and North East Asian ports. Starting from late September 2016, Kiwi exporters can enjoy all the benefits of direct access to Taiwan, China, Korea and Japan
ClassNK Releases New Guidelines and Software for Container Carrier Structures. ClassNK has released a new revised edition of its “Guidelines for Container Carrier Structures – Guidelines for Direct Strength Analysis”, as well as a new version of its PrimeShip-HULL(DSA) software for use in designing container carriers in line with the new guidelines. ClassNK released the first edition of its “Guidelines for Container Carrier Structures” in 2003
New Organisational Structure for Inmarsat Brings Renewed Focus on Core Markets; Stratos, Segovia and Ship Equip Now Align Under the Inmarsat Brand. Inmarsat, a provider of global mobile satellite communications services, has begun the process of including its subsidiary companies within a new organisational structure that will align the Inmarsat business more closely to core vertical market segments and continue to support both direct and indirect distribution of its services
A new economic impact study released by the North West & Canada Cruise Association (NWCCA) shows $2.38-billion generated. “We are very pleased to see growth in both overall economic impact and per passenger spending,” says Greg Wirtz, President of the NWCCA. “And we are happy to see cruise ship visits expanding into new ports in Quebec and Atlantic Canada.” In the report prepared by Business Research and Economic Advisors (BREA), 2
British importers and exporters prefer direct mainline container services calling at their national ports and tend to dislike feeder services, says a Drewry report. Is there a risk that a politically isolated UK will no longer benefit from direct vessel calls, particularly as there is no longer any large British container carrier based in the UK to champion their cause? Drewry believes that the container lines will continue to call directly at UK ports
The struggling Norwegian supply vessel shipping firm Olympic Shipping said a consortium of investors is willing to invest about 500 million Norwegian crowns ($61.79 million) in a refinancing of the company, reports Reuters. Olympic Shipping is one of the shipping companies that are
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a 37.6 percent drop in third-quarter net profit on Monday. The company's net profit for the three months to Sept. 30 was 318.4 million riyals ($84.92 million), down from 510
Lind Marine, a Petaluma, Calif. dredging contractor which provides tug and barge services throughout the San Francisco Bay area, has acquired Moose Boats, an aluminum commercial boat building company. Lind Marine currently operates a five-acre shipyard including a 430ft dry-dock and 1
Classification society ClassNK has issued Approval in Principle (AIP) for a 7,500 cbm LNG bunkering vessel designed by Hanjin Heavy Industries & Construction Co., Ltd. This design is the result of joint research carried out by Hanjin Heavy Industries & Construction Co., Ltd
Evergreen Line is to partner with COSCO in operating a joint Adriatic - Israel (AIS) Service. The new initiative opens up the corridor between North Adriatic ports, Piraeus and Israel, and provide direct and speedy service to customers.
Global chart distributor Nautisk has appointed SEAMAPS ES as a sub-distributor, serving Algeciras and the surrounding areas. The Spanish chandler will service local customers with core navigational products and services direct from Nautisk including Admiralty charts and publications in
More than 500 cruise passengers aboard Europa 2 will spend a few days in New Orleans next week, as the luxury cruise ship makes her maiden voyage to the Port of New Orleans Julia Street Cruise Terminal Monday, where port officials will host an onboard ceremonial plaque exchange with the
Silver Green AS, owned 50% by Samskip, is changing its name to Silver Sea AS to mark the finalization of a series of ownership changes. The new name reflects a consolidation by Samskip of its position in the reefer vessel segment, including the strengthening its ownership in the company and direct
Missile attacks from Yemen on Western military craft risk spilling over into nearby busy sea lanes which could disrupt oil supplies and also other vital goods passing through the tense area, shipping and insurance sources say. While shipping companies have yet to divert ships
Viking Ocean Cruises made its first ever call on a U.S. port when Viking Star docked at Cruiseport Boston. Viking Star began her voyage in Montreal, travelled the St. Lawrence River to Quebec City and Saguenay, continued on to Prince Edward Island and Halifax and, following her stop in Boston
India has received the first parcel of Iranian oil to partly fill its strategic storage in southern India, Mangalore Refinery and Petrochemicals Ltd , which imported the very large crude carrier (VLCC), said on its website. MRPL shipped in 2 million barrels of Iranian oil in the VLCC Dino
The United States is seeing growing indications that Iran-allied Houthi rebels, despite denials, were responsible for Sunday's attack on a Navy destroyer off the Yemen coast, U.S. officials told Reuters. The rebels appeared to use small skiffs as spotters to help direct a missile attack
A U.S. Navy destroyer was targeted on Wednesday in a failed missile attack from territory in Yemen controlled by Iran-aligned Houthi rebels, the second such incident in the past four days, U.S. officials told Reuters. The USS Mason, which was accompanied by the USS Ponce - an amphibious
U.S. strikes target three coastal radar sites; Radar enabled launch of missiles against U.S. destroyer. The U.S. military launched cruise missile strikes on Thursday to knock out three coastal radar sites in areas of Yemen controlled by Iran-aligned Houthi forces
Brunswick Commercial & Government Products (BCGP) said it has been awarded a multi-year, multi-unit contract valued at $72 million. The single-award, indefinite-delivery/indefinite-quantity contract is for both 32-foot and 37-foot Boston Whaler Justice boats and will include spare