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22/07/2010 Pipeline Blast at PetroChina's Dalian Refinery - Update Dalian boxes move again after explosion, fire, oil spill THE Port of Dalian is said to have resumed normal container operations after ... Full story >> 20/07/2010 Pipeline Blast at PetroChina's Dalian Refinery Please be advised that following a pipeline explosion at PetroChina's Dalian refinery, port operations have been temporarily suspended. A clean up ope... Full story >> 15/07/2010 Top alliances come to agreement on China-north Europe trade THE Grand Alliance (Hapag-Lloyd/NYK/OOCL) and New World Alliance (APL/MOL/HMM) have agreed to scrap their joint arrangement on the China-North Europe ... Full story >> 14/07/2010 Shanghai expected to exceed 25.5 million TEU annual target PORT of Shanghai recorded a container throughput of 11.4 million TEU from January to May, up 18 per cent year on year, slightly surpassing the volume ... Full story >> 07/07/2010 MSC has closed the gap on Maersk Line in the ranks of the world’s biggest container shipping firms o According Alphaliner’s rankings for the first half of the year, the positions of the top three container carriers, Maersk, MSC and CMA CGM, remain unc... Full story >> 06/07/2010 Box shortage rebalances supply and demand scenario In the lead up to this year both industry observers and shipping lines feared that the excess capacity that plagued them in 2009 would continu... Full story >> 06/07/2010 Rickmers names 4 Hyundai Heavy-built 13,100-TEU ships THE Rickmers Group has christened four 13,100-TEU containerships at the Hyundai Heavy Industries (HHI) shipyard in Ulsan. The Maersk E... Full story >> 01/07/2010 MSC brings on 14,000-TEUers in its Asia-Europe Lion Service GENEVA's Mediterranean Shipping Company (MSC) plans to introduce 14,000-TEU ships - the biggest in the world - on its Asia-Europe Lion Service, which ... Full story >> 30/06/2010 Evergreen, CSCL, CMA CGM join hands on Asia-Europe service EVERGREEN, CSCL and CMA CGM have started cooperation on the AEX7 service connecting Asia and Europe from late June. The reorganised AE... Full story >> 30/06/2010 Idle ships fall to 0.38 million TEU as container scarcity precipitates OWNERS of idles ships could not have had it better. Rising trade and container scarcity helped bring down out-of-business ship capacity to 0.38 millio... Full story >> 28/06/2010 Idle containership fleet shrinks to 380,000 TEU THE worldwide idle containership fleet has fallen from 1.17 million TEU at the beginning of April to 380,000 TEU currently, based on Alphaliner's reco... Full story >> 28/06/2010 Hanjin Shipping receives first 10,000-TEU mega-ship SOUTH KOREA's Hanjin Shipping has received its first 10,000-TEU containership, the first in a series of five 10,000-TEU vessels ordered from Samsung H... Full story >> 24/06/2010 The price of containers has hit a 20-year high as a result of a shortage that has reached “critical” Analyst AXS Alphaliner said the current price of a new 20ft dry box had increase from US$2,000 per unit at the end of last year to $2,750 today. Full story >> 24/06/2010 Container prices soar as supply fails to meet demand THE shortage of containers is pushing up equipment prices to new highs as fear grow that production will not be able to meet surging demand. <... Full story >> 24/06/2010 Chittagong clogs up, US$100/TEU congestion surcharge levied GENERAL labour inefficiency and the shortage of containers have combined to create serious congestion at Bagladesh's major port of Chittagong as carri... Full story >> 24/06/2010 Carriers gear up for the peak season MAERSK Line appears to have thrown down the gauntlet to its competitors with its recent announcement of a US$750 per TEU peak season surcharge (PSS) o... Full story >> 21/06/2010 Maersk, CMA CGM to launch 13,000-TEU Asia-Europe service DANISH shipping giant Maersk Line, together with France's CMA CGM will add a new Asia-Europe service, the AE8 from July, creating an alternative for s... Full story >> 21/06/2010 China box port volumes surge in May, Shanghai set to top world CHINA's container ports recorded their highest-ever monthly throughput in May, with 12.4 million TEU and if things continue, Shanghai stands to replac... Full story >> 17/06/2010 Self-imposed impotence on pirates has ships dumping German flag MORE German ships are flying the Liberian flag so they can offer more than the passive resistance to pirates in the face of the inability of the Germa... Full story >> 17/06/2010 CMA CGM hikes Asia rates twice, adds peak season surcharges MARSEILLES-based shipping giant CMA CGM has raised rates and surcharges on a wide range of trades - and will do it again July 1. From ... Full story >> 17/06/2010 Maersk to levy super surcharge on eve of peak season DENMARK's Maersk Line has told customers it is getting ready to levy a surcharge of US$750 per TEU and a $1,000 per FEU as well as a $1,200 per 40-foo... Full story >> 17/06/2010 Chinese ports and airports have reported record monthly throughputs in May, exceeding analysts’ fore China’s container ports handled a record 12.4 million teu last month, which was 21.9% higher than the volumes in May 2009 and 16.6% higher than the sa... Full story >> 14/06/2010 Maersk confirms pay-extra priority loading scheme DANISH shipping giant Maersk Line has confirmed earlier reports that it has launched a pay-extra priority loading scheme to provide certain stowage wh... Full story >> 11/06/2010 Laid up containership fleet falls to 234 THE idle containership fleet has decreased by 66,000 TEU to 482,000 TEU, or 3.5 per cent of the existing cellular fleet, the lowest level of idling si... Full story >> 02/06/2010 Lay-ups at 549,000 teu, a million teuback to work this year The idle containership fleet has dropped to 549,000 teu, down from a high of 1,522,000 teu in December 2009, resulting in a shortage of ships above 4,... Full story >> 20/05/2010 China ports rebound from box slump with strong Q1 growth MAINLAND China's 10 largest container ports have all posted double digit increases in the volume growth during the first quarter of the year compared ... Full story >> 10/05/2010 CMA CGM and Maersk to launch new Asia/Europe service PR News Service can exclusively reveal that CMA CGM and Maersk are planning to launch a new joint Asia/Europe service in June/July that will eventuall... Full story >> 10/05/2010 Yang Ming sees loss of US$563 million for 2009 TAIWANESE container shipping line Yang Ming suffered an operating loss of US$563 million in 2009, up from a loss of $13 million for its container busi... Full story >> 07/05/2010 Shipowners urge more enforcement on pirates and less on CO2 THE International Chamber of Shipping (ICS) and the International Shipping Federation (ISF) are urging governments to enhance existing naval protectio... Full story >> 26/04/2010 CSCL loses US$950 million after $19 million profit in '08 CHINA Shipping Container Lines (CSCL) in a statement to the Shanghai Stock Exchange, said it lost CNY6.49 billion (US$950.31 million) in 2009, a decli... Full story >> 21/04/2010 The Containership Company postpones Asia-Europe entry THE Containership Company (TCC) has said it is delaying its Asia-Europe service because the European economic recovery does not look robust enough to ... Full story >> 21/04/2010 CKYH join environmentalists as the Green Alliance CKYH Alliance, made up of Cosco, 'K' Line, Yang Ming and Hanjin, has announced it will rename itself the "Green Alliance" to signify environmental sen... Full story >> 19/04/2010 Newly launched transpacific carrier The Containership Company (TCC) has shelved plans to enter the A TCC chief operating officer Franck Kayser (pictured above) told IFW the company had originally intended to launch Asia-Europe as its second service, b... Full story >> 14/04/2010 Peak season, slow steaming, drives bigger ship demand BIGGER ships are again in demand as the peak season revs up and slow steaming absorbs tonnage, according to Paris-based Alphaliner, whose analysts say... Full story >> 13/04/2010 Fire destroys 90pc of Delhi's 60-hectare container depot DELHI police suspect negligence in an electrical fire that destroyed 24 warehouses and 90 per cent of the container contents at south Asia's largest i... Full story >> 09/04/2010 'K' Line slow-steaming 9,040 TEUer flees pirates at speed SLOW steaming appears to making containerships vulnerable to Somali pirate attack because the popular fuel-saving technique means losing their big adv... Full story >> 09/04/2010 Container ship deliveries expected to soar in Q2 MORE services, slow steaming and ship deliveries have prompted a surge in the global container fleet expected in the next quarter, with total capacity... Full story >> 09/04/2010 Oops! Pirates take on warship - but navy lets them go MARINES disarmed 12 pirates off the Somali coast after they mistakenly launched an attack against a Dutch naval vessel, but then let them go for lack ... Full story >> 09/04/2010 APL records revenue, rate, volume increases into March SINGAPORE's Neptune Orient Lines recorded a year-on-year 37 per cent increase in container traffic to 189,000 FEU for its APL unit because of higher v... Full story >> 08/04/2010 Maersk to break even 2010, on 5pc volume hike, says CEO Kolding DANISH shipping giant Maersk expects to break even this year following substantial losses of US$2.09 billion in 2009 and is predicting an increase in ... Full story >> 29/03/2010 Rotterdam, Singapore, Hong Kong lauded for port infrastructure THE World Economic Forum's 2009-2010 Global Competitiveness Report said that the Netherlands was home to Europe's best port infrastructure. The Dutch ... Full story >> 29/03/2010 CKYH Alliance resumes fifth Asia-Europe service THE CKYH Alliance will reactivate the fifth line in its Asia-North European (NE5) network in April. The nine-ship loop will call at Bu... Full story >> 29/03/2010 Somali pirate shot and killed A Somali pirate was shot and killed as he tried to hijack a cargo ship on Tuesday. When the Panama-flagged Almezaan, en route to Mogad... Full story >> 22/03/2010 OOCL loses US$402.3 million, first annual loss in 11 years HONG KONG's Orient Overseas (International) Ltd (OOCL) posted a US$402.3 million loss, its first annual loss in 11 years, with revenues plunging 33 pe... Full story >> 22/03/2010 Shenzhen February volume surges 48pc to 1.5 million TEU STATISTICS from the Transport Committee of Shenzhen showed the Port of Shenzhen port lifted 1.5 million TEU in February, a robust increase of 48.4 per... Full story >> 22/03/2010 Add 24 hours, says Drewry after linking steaming with delays LONDON shipping consultants Drewry has noted a troubling correlation between the increase in slow steaming and the decline in on-time vessel arrivals.... Full story >> 19/03/2010 Port of Vladivostok cargo up 47pc in February VLADIVOSTOK Commercial Seaport of Russia handled 40,223-TEU between January and February showing a leap of 47 per cent year on year according to Russi... Full story >> 19/03/2010 Construction of Thames estuary London Gateway deep-sea port begins CONSTRUCTION of a new port on the Thames Estuary is underway in what will be Britain's first new deep-sea facility in 25 years. Termin... Full story >> 18/03/2010 Zim starts twelve 3,800-TEU ships from Asia to Europe April 7 ISRAELI flag carrier Zim said it will commence a service between Asia, India, Mediterranean to north Europe with a maiden voyage from Shanghai April 7... Full story >> 18/03/2010 Lay-ups diminish as slow steaming, recovery employ idle ships LAY-UPS among containerships has diminished in the last two weeks as the market picks up with new service offerings and as capacity-absorbing slow ste... Full story >> 18/03/2010 HK February up 20pc to 1.6 million TEU, Singapore rises 18pc FIGURES from the Hong Kong Marine Department show the port handled 1.6 million TEU in February, an increase of 20 per cent over the 1.3 million in Feb... Full story >>