»CNC launches two new services2014-07-22

Cheng Lie Navigation Co (CNC), the intra-Asia arm of CMA CGM, is launching two new services, one of which connects Northeast Asia to southern Vietnam, called the KCV, and links Japan, Korea and China to Vietnam, according to Shipping Gazette.

»ZIM completed its Debt Restructuring Agreement2014-07-22

ZIM announces the completion of its comprehensive debt restructuring, paving the way for a reinvigorated group to capitalize on the recovery in the global trade. Following 18 months of intensive negotiations with all of its creditors, ZIM completed its restructuring yesterday when Israel Corporation invested $200 million of new equity into the company.

»Soma Maru, MOL¡¯s Coal Carrier, will serve Tohoku Electric Power2014-07-22

Mitsui O.S.K. Lines, Ltd. announced that the coal carrier Soma Maru, which will serve Tohoku Electric Power Co., Inc., was delivered at Mizushima Shipyard of Sanoyas Shipbuilding Corporation on July 17, 2014.

»Concern over dismal performance of Vallarpadam2014-07-18

Cochin Port Officers Association has urged Union Shipping Minister Nitin Gadkari and Kerala Chief Minister Oommen Chandy to constitute a high-level committee to recommend measurers for the revival of the Vallarpadam International Transhipment Container Terminal.

»Loss-making Vinalines steps up privatisation process2014-07-18

State-run Vietnam National Shipping Lines (Vinalines), which has reported losses over the past four years, has mapped out privatisation plans for the remaining five ports by the end of this year, part of its overall restructuring scheme to revive its operations.

»Court rejects petition on awarding of project to PSA2014-07-18

The High Court of Bombay has dismissed the public interest litigation (PIL) filed against Jawaharlal Nehru Port Trust awarding a container terminal project to PSA International of Singapore, a port official said.

»PD Ports announces Freighterliner move to Teesport2014-07-18

PD Ports announced a new rail service with Freightliner, which will result in an investment of over US$5.14 million in a new intermodal rail terminal at Teesport.

»TSA calls for $600 per FEU rate rise2014-07-18

Member container shipping lines in the Transpacific Stabilisation Agreement (TSA), seeing sustained third-quarter cargo demand across major commodity segments, are recommending a general rate increase (GRI) from all Asia origins to all US destinations, of at least US$600 per FEU. The increase is to take effect August 1.

»MOL, China Shipping order ice class ships2014-07-17

Japan's Mitsui OSK Lines (MOL) has confirmed joint shipbuilding orders with China Shipping for orders from Korea's Daewoo Shipbuilding & Marine Engineering Co (DSME) to build three ice class LNG carriers by 2017, according to Shipping Gazette.

»Volatile Asia-North Europe freight rates fall 8.1pc2014-07-17

Container shipping freight rates are continuing on a downwards trend on the Asia to North Europe trade lanes, retreating 8.1 per cent to US$1,302 per TEU at the end of last week, according to the Shanghai Containerised Freight Index.

»Evergreen slot-shares on Japan-US service (JPX)2014-07-17

Taiwan's ocean carrier Evergreen is to slot share on jointly operated Japan Express service (JPX) by Grand Alliance partners Hapag-Lloyd, NYK and OOCL together with Hanjin, according to Shipping Gazette.

»Seaspan takes in charge 10,000-TEU newbuilding2014-07-17

Mega containership deliveries are continuing after SEASPAN took delivery of the 10,010-TEU Hanjin Tabul, the fifth of seven sister containerships ordered in June 2011 from Yangzijiang Shipbuilding.

»9,200-TEU Mexico City is delivered to APL2014-07-17

The 9,200-TEU APL Mexico City, the last of 12 newbuildings of the same size built in Korea at the DSME shipyard (Daewoo), ten of which were ordered in July 2010 by parent group, NOL.

»AAL completes massive heavy lift delivery of LNG tanks2014-07-17

Singapore's AAL (Austral Asia Line) has delivered and discharged at the Port of San Diego, the heaviest pieces ever carried on its Pacific service, two 380-ton LNG tanks and a main engine weighing 384 tons, according to Shipping Gazette.

»Six additional rubber-tyred gantry cranes for Vietnamese port2014-07-17

Terex Port Solutions (TPS) has won the contract to supply an additional six rubber-tyred gantry cranes in the E-RTG variant to the Vietnamese company Haiphong Port Holding Limited Liability Company (Haiphong Port). They will be in operation from mid-2015 in Haiphong, where twelve identical cranes ordered from TPS in September 2013 will begin operating at the end of 2014. All 18 cranes are being manufactured at the TPS facility in Xiamen, PR China.

»Harbor Commission approves Port budget2014-07-17

The Long Beach Board of Harbor Commissioners on Monday, July 14, approved an $858 million budget for the Port of Long Beach in the upcoming fiscal year, with two-thirds of the spending set aside for a robust building and modernization program.

»Second container terminal is to be built at Abidjan port2014-07-17

A second container terminal is to be built at Abidjan port in Ivory Coast after EUR200 million (US$272.81 million) was raised by the Banque Atlantique, SocGen and Afreximbank.

»Dunkerque port achieves 10pc higher cargo volume in first half2014-07-17

Dunkerque port has seen a 10 per cent increase in cargo volume in the first half of the year boosted by a good performance in general cargo and bulk solid volumes.

»Port of Oslo finds new operator for terminal2014-07-14

Port of Oslo has chosen the Turkish logistics and industrial company Yilport Holding as the new container terminal operator in Oslo.

»Transpacific Stabilisation Agreement levies GRI2014-07-14

Member lines of the Transpacific Stabilisation Agreement (TSA) will levy a US$200 per FEU as general rate increase (GRI) and peak season surcharge (PSS) for cargo moving to Pacific southwest ports in California from July 1, according to Shipping Gazette.