APM urges terminal capacity upgrades as ships get bigger 2008-7-4APM Terminals chief operating officer Peder Sondergaard is calling for terminal operators to swiftly improve capacity, security and environmental features.
UASC orders nine 13,100-TEU newbuildings from Samsung 2008-7-4United Arab Shipping Company (UASC) has signed a contract for nine new 13,100-TEU containerships to be built by South Korea's Samsung Heavy Industries.
Russia's natural gas exports up 23.5% on year in Jan-Jun 2008-7-3Russia's natural gas exports rose 23.5% on the year to 88.798 billion cubic meters in January-June, TsDU-TEK, which provides data and analysis to the Industry and Trade Ministry, said in a report obtained by Prime-Tass Wednesday.
FedEx lowers charges in China market 2008-7-3Package delivery company FedEx Corp has lowered its rates in the fiercely competitive Chinese market despite higher fuel prices.
Virginia Port Authority signs deal with lines 2008-7-3The Virginia Port Authority said its operating company, Virginia International Terminals Inc., has signed its largest customer to a 10-year contract valued at more than $500 million.
International Shipholding benefits from bulker sale 2008-7-3International Shipholding Corp. said June 25 that Dry Bulk Cape Holding Inc., a company in which it has a 50 percent interest, concluded the sale of one of its Panamax bulk carriers.
India committee calls on lines to stop setting collective rates 2008-7-3The Competition Commission of India will ask shipping lines in the Europe/Asia trade to desist from fixing rates and issuing advisories to members on freight rates, the Economic Times reported Wednesday.
EC issue rules on shipping conferences, shipping pools 2008-7-3The European Commission has adopted guidelines for shipping companies as shipping conferences lose their block antitrust exemption.
Clarksons agrees to pay Russians US$26 million settlement 2008-7-3Clarksons, the world's largest shipbroking and shipping services group, has agreed to pay a "further and final" provision of GBP13 million (US$25.8 million) to Russian shipping firms Sovcomflot and Novoship which filed claims against the UK firm.
Auckland seeks government finance to shift boxes from road to rail 2008-7-3New Zealand's government is considering offering Auckland a NZ$6 million (US$4.57 million) grant to partly finance the building of a rail link between its terminals and Wiri to rid container traffic from the roads.
Box volumes rise 15pc from Jan-May at Chittagong Port 2008-7-3Bangladesh's main Port of Chittagong handled nearly 15 per cent more containers during the first five months of 2008 compared with the same period a year ago, amounting to 435,157 TEU.
Fesco container fleet reaches 50,000 TEU 2008-7-3The container fleet of the Fesco Transport Group has climbed to 50,000 TEU.
Hapag-Lloyd brand retention no longer condition of sale: DPA 2008-7-3TUI, owner of Hapag-Lloyd container line, is willing to sell the brand name, dropping an earlier intention of retaining it when it sells the company, sources told Deutsche Press Argentur.
OOCL announces south China-US inland fuel surcharge from August 1 2008-7-3OOCL Orient Overseas Container Line has announced an Inland Fuel Surcharge (IFS) on cargo bound for the United States from Hong Kong, Macau and south China.
US west coast employer-docker talks go into overtime 2008-7-3West Coast dockers and maritime employers have yet to sign a labour contract as the terms of the six-year pact expired, but both sides have pledged to conclude the matter peacefully.
CMA CGM buys two 12,800-TEU ships from Germany's Lloyd Fonds 2008-7-3Germany's Lloyd Fonds AG has sold two 12,800-TEU to French container shipping company CMA CGM, reports DGAP (Deutsche Gesellschaft fur Auswartige Politik), the German Council for Foreign Relations.
FEFC increases BAF and cuts CAF for August 2008-7-3The Far East Freight Conference (FEFC) will alter its bunker (BAF) and currency adjustment factors (CAF) in August.
APM Terminal in Lagos commissioned 2008-7-2Nigeria President Umaru Musa Yar'Adua commissioned the modernized Apapa Container Terminal in the port of Lagos, part of the APM Terminals Global Terminal Network on June 19.
FEFC carriers adjusting BAF, CAF for August 2008-7-2Far East Freight Conference carriers will increase their bunker and currency adjustment factors for August.
Rickmers-Linie adds four vessels to 2010-2011 order 2008-7-2Rickmers-Linie, the Hamburg-based breakbulk, heavy lift and project cargo carrier, said Tuesday it has increased its order of multipurpose newbuildings from 10 to 14.
