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What will happen to container freight rates in 2011?
Increase.
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Rupert Marine Presents Luxury Motor Yacht Rupert 80 (Sweden)
Wednesday, 23.May.2012, 02:43

Rupert Marines latest design is an 80-foot luxury motor yacht intended for owners of super yachts and other demanding customers and designed in cooperation with world-renowned naval architects and designers, the exterior bears the signature of Ted Mannerfelt. This 80-foot yacht is the first in series of Rupert Yachts now in development.

 

Container terminal future bright as Turkey's new main highway swings by
Wednesday, 23.May.2012, 01:17
A NEW container terminal on the south coast of Turkey hopes to capture 35 per cent of the country's GDP as it takes advantage of government efforts to establish a fast freight corridor, reports the UK's Port Strategy.
Nairobi upgrades Kenya Ports Authority from 'good' to 'very good'
Wednesday, 23.May.2012, 01:15
THE Kenyan Government Performance Contract report, upgraded the Kenya Ports Authority (KPA) from "good" to "very good" in recognition of the agency's 43.7 per cent year-on-year increase in transshipments and a 10.8 hike in container volume in 2011.
Hebei ports volume up 8.8pc to 252 million tonnes in first four months
Wednesday, 23.May.2012, 01:11
PORTS in northern China's Hebei province had handled 252 million tonnes of cargo this year as of the end of April, up 8.8 per cent year on year, taking up 33.5 per cent of its annual target, Xinhua reports.
Far East transshipments to be hit as MSC ups westward rate from east Med
Wednesday, 23.May.2012, 01:10
THE Mediterranean Shipping Company (MSC) is to put a general rate increase (GRI) into effect next month on all westbound cargo shipped from the Eastern, according to media reports.
CSCL's 14,074-TEU Neptune surpasses upper size limits of expanded Panama
Wednesday, 23.May.2012, 01:08
CHINA Shipping Container Line (CSCL) has received the 14,074-TEU CSCL Neptune, the last in a series of eight ships ordered in August 2007 from the Samsung shipyard for US$170 million each.
Ship scrapping accelerates, but fails to offset tonnage in market
Wednesday, 23.May.2012, 01:05
THE number of containerships sent for scrapping is surging with 69 vessels totalling 124,000 TEU broken up so far this year against 85,000 TEU in all of 2011, Alphaliner reports.
Ship pilot in Cosco Busan spill seeks license
Tuesday, 22.May.2012, 09:10
The pilot of a cargo ship that struck the San Francisco-Oakland Bay Bridge and caused a massive oil spill wants to get back his mariner's license so he get out on the water again.
Good time to buy new vessels, say shipowners
Tuesday, 22.May.2012, 09:03
The global container shipping industry, which is seeing a gradual recovery in freight rates, is hopeful for a full recovery by the end of this year and this bodes well for those interested in buying new vessels.
Norway: SinOceanic Takes Delivery of Its New Container Vessel
Tuesday, 22.May.2012, 02:49
SinOceanic III AS (Sino III), a wholly owned subsidiary of SinOceanic Shipping ASA, took delivery of MSC Regulus (13.100TEU) today and placed her on a 15 years bareboat charter party with MSC SA, Geneva, the world’s second largest container line, at a rate of USD 46.650,- daily.
China: Rongsheng Heavy Christens World’s Largest Dry Bulk Carriers
Tuesday, 22.May.2012, 02:39
China Rongsheng Heavy Industries Group Holdings Limited, a large heavy industries group in China, today christened the first two 380,000 DWT class Very Large Ore Carriers (VLOC) built for Oman Shipping Company S.A.O.C. (Oman Shipping).
  » UK: Scira Charters Tidal Transit’s Innovative Wind Farm Boat ‘Eden Rose’
  » Top DP World executives inspect West African terminal in Senegal
  » Japan: KHI Delivers New Bulk Carrier to I.M.S. Maritime
  » Greece: Diana Shipping Announces Delivery of Newcastlemax Dry Bulk Carrier
  » MOL acquires Competence Management System (CMS) certification from DNV
  » Schenker builds bigger Shanghai-area warehouse for lift-maker Kone
  » Maersk warns Latin America of rate hikes, after vowing big investment
  » Los Angeles box volume record in April dampened by Long Beach slump
  » APM Terminals first quarter net profit surges 66pc to US$235 million
  » CSCL launches 4,738-TEU Xin Qin Zhou from Qinzhou Bonded Port Area



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News in Pictures

Salvage tug connecting to the tanker Shinyo Sawako in South China Sea.


Hot News
Rupert Marine Presents Luxury Motor Yacht Rupert 80 (Sweden)
Container terminal future bright as Turkey's new main highway swings by
Nairobi upgrades Kenya Ports Authority from 'good' to 'very good'
Hebei ports volume up 8.8pc to 252 million tonnes in first four months
Far East transshipments to be hit as MSC ups westward rate from east Med
CSCL's 14,074-TEU Neptune surpasses upper size limits of expanded Panama
Ship scrapping accelerates, but fails to offset tonnage in market
Ship pilot in Cosco Busan spill seeks license
Good time to buy new vessels, say shipowners
Norway: SinOceanic Takes Delivery of Its New Container Vessel

 
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