News

21/06/2014 09:39

Carriers seek rate hikes in Asia-Europe, as consumer demand picks up

SHIPPING lines are seeking a general freight rate hike to stick in July on the Asia-Europe trade after prices on services to northern Europe picked up steam.


 
21/06/2014 08:41

Seaspan acquires 10,000-TEUer for Med to Far East-USWC service

SEASPAN, the Hong Kong administered by Vancouver headquartered charter owner and container lessor, is to take delivery of the third of seven neopanamaxes, the 10,000-TEU Hanjin Ami.


 
06/05/2014 09:48

EU Regulators Clear P3

The European Commission said today it hasn’t found any anti-competitive issues with the proposed P3 Network, giving the vessel-sharing agreement involving the three largest global container lines safe harbor on the continent.


 
18/01/2014 09:12

OOCL increases Asia-New Zealand freight rate US$300/TEU from April

HONG KONG's Orient Overseas Container Line (OOCL) has announced a US$300 per TEU rate increase from Asia to New Zealand starting April 1.


 
16/01/2014 10:08

Hanjin to Drop Trans-Atlantic Service

Hanjin Shipping is pulling out of several money-losing trades to cut its ongoing losses. It told its customers it will drop its trans-Atlantic service because of what it called “dismal market conditions which do not support operational costs." Although it is rare for a major carrier to pull out of a large, established trade lane such as the trans-Atlantic, Hanjin will stop serving customers in the trade lane after May.


 
16/01/2014 09:13

PIL to Begin Calling at Port of Seattle

Pacific International Lines will start calling at the Port of Seattle in February.


 
23/12/2013 09:17

Lines go for peak CNY surcharges

OOCL is the latest container shipping line to announce a peak season surcharge for shipments in the run up to Chinese New Year.


 
20/12/2013 09:06

Manchester Airport welcomes Hong Kong freighter service

Manchester Airport welcomed one of the world’s largest commercial freighters Thursday, as a Cathay Pacific Boeing 747-8F landed from Hong Kong.


 
18/12/2013 09:08

American opens gateway service to Sao Paulo

American Airlines Cargo has started a new daily widebody cargo service from Los Angeles (LAX) to Sao Paulo, Brazil (GRU).


 
17/12/2013 09:10

Etihad to add three new routes

UAE-based Etihad Airways plans to introduce three more international destinations in 2014.