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08/09/2010 Khalijia 3 'to blame for collision that closed Indian port' Radar operators failed to spot bulker entering approach channel to Mumbai at wrong angle. Human error on board the cargo vessel Khaliji... Full story >> 06/09/2010 New anti-piracy measure to improve seafarer safety Anti-piracy and maritime security specialist Merchant Maritime Warfare Centre (MMWC) has developed a device that it says will improve the safe... Full story >> 24/08/2010 India’s two biggest ports are to resume operatio India’s two biggest ports are to resume operations today after the last containers blocking the approach channels to Jawaharlal Nehru (JNPT) and Mumba... Full story >> 24/08/2010 Shanghai July volume up 20pc to 2.57 million TEU SHANGHAI handled 2.57 million TEU in July, up 20 per cent year on year and 21.4 per cent over the June figure, reported Xinhua. The Sh... Full story >> 24/08/2010 Evergreen Marine ranked world's fourth biggest box line TAIWAN's Evergreen Marine Corporation has increased its container handling capacity to 615,000 TEU after leasing 15 vessels in the second quarter of t... Full story >> 19/08/2010 Sri Lanka to open new port funded by Chinese loan SRI LANKA's new Port of Hambantota on the southern coast that is estimated to cost US$1.5 billion to build is expected to start receiving ships from N... Full story >> 17/08/2010 CSAV Norasia opens new Asia/North Europe route. (Source PR News). CSAV Norasia is to open up a new Far East/North Europe westbound loop through incorporating Port Said as a transhipme... Full story >> 17/08/2010 Suez temporary seizure of guards' guns risks serious delays THE Suez Canal Authority is enforcing an old, but long ignored, law prohibiting firearms aboard commercial ships transiting the canal, seizing them at... Full story >> 17/08/2010 Carbon taxes and fines hit British business from October 1 THOUSANDS of British businesses face environmental fines and charges under the UK's "green tax" regime, reports London's Daily Telegraph. Full story >> 12/08/2010 Government orders Mumbai box debris cleared by Saturday THE Indian government has set a Saturday deadline for salvagers from Smit Internationale NV to remove containers spilled into the sea off Mumbai after... Full story >> 11/08/2010 Shipowners call for justice, slam release of Somali pirates THE release of pirates by the Spanish warship that caught them after a foiled attack on the tanker Bow Saga has sparked condemnation from shipowners o... Full story >> 10/08/2010 Two of India’s busiest ports could re-open within the next couple of days as salvage firms fight to India’s biggest port, Jawaharlal Nehru Port (JNP), which has been suffering from congestion problems, and Mumbai Port have been closed to traffic sinc... Full story >> 10/08/2010 Global throughputs continues to rise as idle fleet shrinks World trade continues to shed the recession gloom and steadily reverse the downward trend witnessed within its ranks in the last two years. Full story >> 03/08/2010 CMA CGM takes deliveries of mega ships for Europe/Asia routes MARSEILLES' CMA CGM has received delivery of the 11,400-TEU CMA CGM Leo from South Korea's Hanjin Heavy Industries yards with its sister vessel CMA CG... Full story >> 03/08/2010 Cosco forecasts record first half profits in first half COSCO has announced its forecast of record net profits for the first half of the year. This marks a reversal of fortunes after the com... Full story >> 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 >>