Orient Overseas Container Line (OOCL) and Wan Hai Lines Ltd. will reportedly operate a joint direct container shipping service directly between North China and the Middle East.
Taiwan's Evergreen Marine forged an alliance with three local counterparts on Friday to bid jointly for a container port project in Taipei Harbor. Evergreen Marine, Yang Ming Marine Transport Corp., Wan Hai Lines and Evergreen Transport said in a joint statement they would set up the Taipei Port Consortium to issue the bid. Evergreen Marine and Evergreen Transport, members of the giant Evergreen transportation conglomerate, would own a combined 50 percent of the new company
The Federal Maritime Commission (FMC) issued a notice stating that it has served an Order of Investigation and Hearing, a Request for Additional Information, and an Order to Show Cause on Shanghai Hai Hua Shipping Company and Sinotrans Container Lines Co. Ltd. The two companies filed a cross space charter and sailing agreement, but there are indications that the former company does not currently operate vessels in the trade for which it has published a tariff
In view of the development of intra-Asia waterborne trade, Evergreen Line will realign its fleet deployment and launch new services, effective November 2011. Two new service loops will replace the existing Japan- Taiwan - South China Sea (JTS) service. The new South China Sea - Hong Kong (SCH) loop will serve the southern leg of JTS service while the northern leg will be covered by the carrier's existing service network
Listed are vessel sales for October 2013 as prepared by Shipping Intelligence, Inc., New York. Reported – Vessel Name – DWT – Built(Age) – Price in millions USD Bulk Carriers 10/23/13 - POLYGO 2 - 6,850 - 89(24) - $1 10/23/13 - AFRICAN ORCHID - 18,286 - 98(15) - $5 10/11/13 - PACIFIC LEADER - 27,865 - 97(16) - $7.9 10/23/13 - PACIFIC BULKER - 27,865 - 97(16) - $8 10/23/13 - TREMONIA - 28,083 - 01(12) - $7.8 10/01/13 - BENETE BAY - 28,342 - 08(5) - $17
The Tin Hau Festival at Tai Miu Wan will be celebrated this year on 22 April 2014. Coxswains, owners and operators of local vessels are advised that arrangements for embarkation and disembarkation will only be made at the western side of the main pier of Tai Miu Wan, whereas the eastern side of the main pier will be used by licensed ferries. A ferry service between North Point Ferry Pier and the Tai Miu Wan pier will be operated on 21 April and 22 April 2014
USCG Uses 3Com Technology To Launch Virtual Private Networks The U.S. Coast Guard is deploying Virtual Private Networks (VPNs) based on 3Com's wide area network (WAN) systems). 3Com, which secures, high speed communications between shore facilities and vessels docked at port facilities around the world, uses VPN connections. These connections allow the agency to quickly transmit mission-critical and pertinent administrative information from its land-based location to ships at any port where
The U.S. Federal Maritime Commission (FMC) issued an Order with regard to various petitions and requests filed by Hai Hua Shipping Co., Ltd. (HASCO). The company was served with an Order to Show Cause as part of an investigation into whether it is an ocean common carrier under the Shipping Act of 1984. The company's petition to file a reply to the Bureau of Enforcement response was granted. The company's petition for a limited hearing of an FMC employee was denied
The 12th Singapore International Bunkering Conference (SIBCON) 2002, to be held from September 26-28, 2002 at the Shangri-La, Singapore, will be officially opened by Mr Khaw Boon Wan, Senior Minister of State for Transport, and Information, Communications & the Arts on 26 Sep 2002. Khaw would also be delivering the opening address for the ceremony. This biennial event will bring together some 25 maritime and marine fuel experts from around the world to speak on the latest international
China National Offshore Oil Corporation (CNOOC) has taken delivery of Asia’s first tugboat Hai Yang Shi You 525, designed to operate solely on liquefied natural gas as ship’s fuel. Hai Yang Shi You 525, the first of two tugs built by the Zhenjiang shipyard for CNOOC, features a propulsion package based on twin Rolls-Royce Bergen C26:33L9PG engines and a pair of highly reliable Rolls-Royce US 205 CP azimuth thrusters to ensure the tugs have rapid manoeuvring and strong
In response to market demand, members of the G6 Alliance today announced Asia–Europe service enhancements to improve product transit times and coverage. Service Enhancements Loop 7 - Additional call to Gdansk
Mega-ore carrier Valemax Yuan Zhuo Hai, which is owned by China Ore Shipping, has arrived Dongjiakou Port in Qingdao for unloading iron ore. This is the first entry of such a bulk carrier tonnage in the sea port of China for the past two years.
Shanghai International Port Group Co (SIPG) is all set to acquire 79.2% stake in intra-Asia container line Shanghai Jinjiang Shipping for up to RMB1.94bn ($312.58m). SIPG plans to buy a 48% stake in Jinjang Shipping currently owned by Shanghai International Group, as well as a 31
General cargo vessels Wan Li 8 and Heng Run collided in early morning on July 13 in position some 25 nm northeast from Zhoushan, 80 nm southeast of Shanghai, leading to the sinking of Heng Run. Sierra Leone-flagged general cargo ship Heng Run (5,287dwt
Asian container operator Wan Hai Lines Ltd sees 2014 profit jump as revenue grows faster than costs. The Taiwanese container carrier recorded a profit of TWD5.32 billion (USD170 million) for 2014, soaring 158% from a profit of TWD2.13 billion in 2013.
A wooden sailboat carrying dozens of immigrants ran aground on Monday off the coast of the Greek island of Rhodes and at least three people have drowned, the Greek coast guard said. More than 90 people were rescued and 30 of those taken to hospital
One coastal tanker is hijacked every two weeks on average in Southeast Asia making it the most dangerous seas, the latest piracy report from the International Maritime Bureau (IMB) has warned. The IMB says more than half of all sea pirate attacks since the beginning of 2015 have
Coxswains, owners and operators of local vessels are advised that arrangements for embarkation and disembarkation will only be made at the western side of the main pier of Tai Miu Wan, whereas the eastern side of the main pier will be used by licensed ferries.
Vessel sales for April 2015 - (as of May 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD Bulk Carriers 4/14 - CENTURY PEARL - 16,383 - 08 - (7) - $6.8
China COSCO Holdings disassembled four vessels including two container vessels and two bulk carriers in April 2015, with the aggregate capacity of 261.8 thousand deadweight tons. The company realized losses from the disassembly of the vessels of approximately RMB59 million
Malaysia said on Thursday it would push boats full of migrants back to sea, a policy that has drawn criticism from the U.N. refugee agency as thousands remained adrift in Southeast Asian waters. The UNHCR has said several thousand migrants have been abandoned at sea by smugglers following a
Container service reliability reached a data-series high in April with the aggregate on-time performance for the three key East-West trades rising to 67.6%, up by 4.1 percentage points on March, according to Carrier Performance Insight , the online schedule reliability tool provided by Drewry
Transport consultant Drewry’s Carrier Performance Insight (CPI) for April records 67.6%, up by 4.1 percentage improvement on the previous month in the aggregate reliability of ships on the main Asia-Europe, transpacific and transatlantic trades.
The Vietnam National Shipping Lines (Vinalines) and the Ministry of Transport (MOT) hope the plan to reduce the state’s ownership ratio in the big shipping firm to 36 percent will help restructure the business. It has finalized an overall plan for the development of its
Vessel sales for May 2015 (as of June 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD Bulk Carriers 5/26 - SEA RACER - 18,320 - 00 - (15) - $3.5 5/12 - BIRCH 5 - 26,045 - 97 - (18) - $2.8