Captain Mike Watson, President of American Pilots, Passes Away

It is with profound sadness that the officers, nationwide membership, and staff of the American Pilots’ Association (APA)1 announce that Captain Michael R. Watson, President of the APA, passed away unexpectedly at his home in Annapolis, Maryland on July 23, 2015. He was 72 years old.

Fatter ships to come in the race to rule shrinking trade routes

EXPERTS expect more wide-beam 14,000- to 15,000-TEU ships with 21-deck rows and 53.5 metre beams are coming given the popularity of wide-beamed 8,500 - 10,000-TEUers, according to Alphaliner. 

MOL reignites Japan-SE Asia services after Manila backlog clears

JAPAN's MOL is to resume direct calls in Manila on its Japan-Southeast Asia CBE and CBW services from August amid an easing of port congestion in the Philippines capital.

AADA to hike rate US$300/TEU from China to Oz September 1

MEMBER shipping lines of the Asia Australia Discussion Agreement (AADA) will levy a rate increase of US$300 per TEU and $600 per FEU to all ports and points in Australia on shipments from Hong Kong and mainland China from September 1.

NYK profit up 3 fold to US$83.5 million as revenues rise 5pc

JAPANESE shipping giant NYKposted a 321 per cent second quarter net profit increase to JPY43.06 billion (US$34.69 million), drawn on revenues of JPY558.7 billion, which increased five per cent year on year.

'K' Line profit doubles to US$83.5 million as revenues rise 5pc

JAPANESE shipping giant "K" Line posted a 100 per cent second quarter net profit increase to JPY10.8 billion (US$83.5 million), drawn on revenues of JPY335.4 billion, which increase of five per cent year on year.

Neptune Orient Lines back in black with quarterly profit of US$890 million

SINGAPORE's Neptune Orient Lines (NOL) reported a second quarter net profit of US$890 million, having reversed itself out of a $54 million year-on-year net loss. 

Eight people taken off Thai-owned ship may be part of slave ring - Press Herald

Eight people taken off Thai-ownedshipmay be part of slave ringPress HeraldAuthorities in Papua New Guinea have rescued eight fishermen held on board a Thai-owned refrigerated cargoship, and dozens of other boats are still being sought in response to an Associated Press report that included satellite photos and locations of ...and more »




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