New World Alliance chops Transatlantic capacity
by a third -by Mike Wackett- The members of the New World Alliance (NWA) - APL, Hyundai Merchant Marine (HMM) and MOL - have announced plans to cull capacity shared with Maersk Line by 'around one-third' from December on the troubled Transatlantic tradelane.read more ........................................................................................................................................ Sante Shipping to start Haiti service -by Martin Dixon- Florida-based Sante Shipping Lines is launching a new container service between Miami and the Carribean island of Haiti. Starting October 28, the service will depart Miami every two weeks to Cap Haitien and Gonaives aboard the Sante MANNA, an 181TEU container ship. read more ...................................................................................................................................... Zim Line optimistic about the future -by Matthew Beddow- Financially challenged Zim Integrated Shipping Services has moved to reassure customers that its future is optimistic. The carrier said that it has 'secured agreements and understandings in principle with banks, bondholders, shipyards and shipowners holding more than 95% of the company's debt and obligations' . read more ...................................................................................................................................... St. Lucia Marine Terminals, SPRC take 2009 Caribbean Port Awards The Caribbean Shipping Association has selected St. Lucia Marine Terminals and the Port of Cartagena (SPRC) as the leading ports in the region. The Association announced its selections at its annual banquet in Paramaribo on Wednesday, October 14. read more ...................................................................................................................................... Never on Sunday...or Monday to Saturday Unlike Ilya in the iconic 1960's Piraeus-based film, 1,500 dockers at Greek's largest port are also refusing to work Monday to Saturday: they are demanding that the newly-elected socialist Pasok party overturns a 35-year concession won by China's Cosco Pacific to operate the Mediterranean port's container terminals. read more
...................................................................................................................................... Evergreen to Order 100 Ships, Founder Says Peter T. Leach | Oct 19, 2009 1:35PM GMT The Journal of Commerce Online - News Story Expansion reverses cutbacks announced in July Evergreen Line, which is one of the few container lines that has refrained from ordering new ships in recent years, plans to order 100 container ships in 2010 to expand its fleet to nearly 300, the company's founder Chang Yung-Fa told the United Daily News. read more While transport volumes have picked up significantly, gross profit performance falls short of the previous quarter Panalpina, the global transport and logistics group, significantly increased its transport volumes in the air and ocean freight segments in the third quarter of 2009 as compared with the second quarter. That said, based on a 9-month comparison, volume growth and gross profit performance remained significantly below expectations. The cost development is in line with the objectives communicated by the company read more...................................................................................................................................... Annual Sino International Freight Forwarders Conference will be held at Hong Kong again this year |