Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.6 percent to $1.149 per 20-foot container (TEU) in the week ended on Friday, data from the Shanghai Containerized Freight Index showed. It was the second consecutive week of falling freight rates on the world's busiest route. Container freight rates have in 2014 increased in 13 weeks but fallen in 38 weeks. In the week to Friday, container freight rates fell 6.4 percent from Asia to ports in the Mediterranean, fell 5.2 percent to ports on the U.S. West Coast and were down 0.8 percent to ports on the U.S. East Coast. Maersk Line, the global market leader with nearly 600 container vessels and part of Danish oil and shipping group A.P. Moller-Maersk, was one of the few container shipping companies to make a profit in the first six months of 2014. The Danish shipping company controls around one fifth of all transported containers from Asia to Europe.
The ITF is calling on governments and industry bodies to back a proposed amendment that will tackle the dangers posed by unweighed or mis-declared shipping containers. The amendment – to the existing Safety of Life at Sea Convention (SOLAS) – will be tabled at the present meeting of the IMO (International Maritime Organization) sub–committee on dangerous goods, solid cargoes and containers.The meeting will decide if the weighing of packed shipping containers will be made
According to a Bloomberg report, Nippon Yusen K.K. and Mitsui O.S.K. Lines Ltd., Japan's two largest shipping lines, will join Qatar in ordering $1.8 billion of liquefied natural gas (LNG) tankers to carry the fuel to North America. The ships will be built in as yet-unnamed South Korean yards. Kawasaki Kisen Kaisha Ltd., Japan's third-biggest shipping company, Iino Kaiun Kaisha Ltd. and trading house Mitsui & Co. are also among the investors, according to the report.
Softlink’s Cloud ERP platform Logi-Sys for freight industry now includes WIN connectivity, enabling users to communicate with other WIN-connected forwarders. Amit Maheshwari, CEO-Softlink, said, “WIN’s unique value proposition is connecting forwarding agents to their agent partners who use completely different systems. By adding WIN interface to Logi-Sys, our customers can share information electronically with their key overseas partners
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 20.5 percent to $934 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters. It was the largest ever weekly decline on the world's busiest freight route since the index began recording rates in 2009. A level below $1,000 is widely seen as a loss-making level for container shipping companies.
Ten battery-operated heavy goods vehicles now transport containers between ships and the yard at the highly automated handling facility in the HHLA Container Terminal Altenwerder (CTA). The aim is to charge the batteries of these container transporters when the grid has a surplus of renewable energy generated in northern Germany. The first battery-powered heavy goods vehicles in the world went into use at the HHLA Container Terminal Altenwerder (CTA) back in 2011
Landmark machine goes to long-time customer North Sea Terminal Bremerhaven GmbH & Co Würzburg, Germany, 11 July, 2014 – A ceremony today marked the departure of the 1,000th diesel-electric straddle carrier from the Terex Port Solutions (TPS) facility in Würzburg. The celebration was attended by the straddle carrier’s new owner as well as the Terex team members who built the machine. The landmark machine is going to long-time customer North Sea Terminal
On Monday, 03 August 2009, the first containers that were brought from Berlin to the Port of Hamburg via the new Elbe-Spree inland waterway were unloaded. The line operated by the Berlin Hafen- und Lagerhaus AG in cooperation with Konrad Zippel Spediteur GmbH from Hamburg will now be used for transports from City-GVZ Berlin Westhafen to the Hamburg container terminals and vice versa every week. The inland water vessel MS Shir Khan has a transport capacity of 54 TEUs (standard
European Sea Ports Organisation (ESPO) says it welcomes the recent decision of IMO’s Maritime Safety Committee (MSC) that containers must be weighed before being stowed on board ship; however it stresses that the weighing of containers should not burden port handling activities. ESPO explains that the verification of a containers’ weight can indeed play an important role in enhancing safety in maritime transport and the whole transport chain
Søren Skou, CEO of container shipping giant Maersk Line is keynote speaker at the 4th Cool Logistics Global conference, 24-26 September in Antwerp, Belgium. Mr. Skou will outline Maersk’s position on the critical actions now needed to sustain the future of global refrigerated transport. Over the past decade and more, expansion of refrigerated container ocean services has underpinned growing world trade in an ever-widening range of perishable commodities
A container carrying the twenty-four foot Brazilian built ocean rowboat, Spirit of Malabo, left the Port of Cap Haitian on Saturday en-route to Port Everglades Terminals (PET) in Florida aboard Antillean Marine Shipping Corporation vessel RUMBA.
The South Carolina Ports Authority (SCPA) reported that container business rose 12 percent in 2014, a year highlighted by strong volume growth and substantial forward progress on the harbor deepening project. In December the port handled 141,956 twenty-foot equivalent units (TEUs)
Eyeing strong growth in China-Myanmar trade, State-owned China Shipping Container Lines (CSCL) and MCC Transport, a subsidiary of AP Moeller-Maersk Group, plan to launch services direct services from Shanghai to Yangon on January 25. CSCL and MCC Transport will deploy smaller vessels without
The ITF (International Transport Workers’ Federation) called for all-party talks on the future of the port of Rotterdam, as dockers refused to unload a ship loaded at the new Rotterdam Gateway (RWG) terminal. RWG, unlike other companies at the port
At a meeting with the Port customers and other stake holders/ agencies, the Chairman, JNPT, N.N.Kumar, announced the performance achieved by JN Port in calendar year 2014 totalled 64.42 million tonnes. This year container handling was 4
As part of promoting water transport in the country, the Indian government has set an ambitious target to convert 101 rivers across the nation into waterways. The Minister for Road Transport, Highways and Shipping Nitin Gadkari said that promoting waterways is the top-most priority of the
China’s Shanghai retained its title as the world’s busiest container port for a fifth consecutive year after widening the gap with its closest rival Singapore, according to a report from Bloomberg. While, Singapore handled 33
While on her maiden voyage in the AEX1 service, the container vessel China Shipping Container Lines Globe, currently the world’s - or the “globe’s”- largest container vessel, moored at the port of Zeebrugge.
The EU’s TEN-T Program will invest almost €600,000 in a study for the promotion of LNG use in Greek maritime transport. The greener and cheaper LNG could contribute to reducing transport emissions and fuel supply costs in the Aegean Sea, INEA
A recovery in the U.S. economy and greater consumer spending by the middle class has stimulated the movement of shipping containers from Asia to the U.S. returned to near-historic levels in 2014, says a report Nikkei Asian Review. Quoting data from Zepol, a U.S
Singapore continues to be the world's top bunkering port, while its annual vessel arrival tonnage also saw growth in 2014, according to advance estimates announced by Transport Minister Lui Tuck Yew. The Port of Singapore maintained its position as one of the busiest in the world as it recorded
The first Ro-Pax cruiser designed and built in China for the Chinese market has entered into service on January 1, 2015. The ship, named San sha No. 1, can carry wheeled cargo, containers, trailers as well as passengers, and was delivered to China's southernmost city Sansha in Hainan
The Port of Lewiston's container shipments declined to the worst level in more than two decades in 2014, and port officials are blaming a union labor disagreement and a contracted operator of the Port of Portland's container terminal.
India’s largest container port, the Jawaharlal Nehru Port (JNPT), said it aims to grow as one of the top 10 global container ports in the next five years. After announcing his 'Make in India' vision plan, the Prime Minister Narendra Modi's first port of call was JNPT
The benefits of offshore ports in the U.S. & Africa In many parts of the world, offshore ports are a good solution for meeting the requirements of the rapid changes in the international container and bulk shipping industry. Bigger ships