Press Releases
Shippers Doubt Asia-Europe Rate Push Will Take | Journal of Commerce
Excess vessel capacity and rate wars will doom liner efforts to hike rates on Asia-Europe services, said several shippers and forwarders. Most major carriers have now announced either rate or surcharge hikes of $700 to $800 per 20-foot equivalent unit to be applied on Asia-Europe services, starting
Cryopak Releases the Tempak Plus Insulated Shipping Container for 2-8°C Shipments
Cryopak, the leader in temperature controlled products, announces the launch of their new product, the Tempak Plus Insulated Shipping Container.
Stealthgas Inc. Announces Agreement To Construct Four New 156,000 Deadweight Suezmax Tankers -
Skip to content Skip to main navigation Skip to 1st column Skip to 2nd column StealthGas INC Home Company Profile StealthGas Fleet Investor Relations Weekly Market Report Get the Flash Player to see this player. Harry Harry Harry Harry Gas Monarch Home arrow Investor Relations arrow Stealthgas Inc.
Stalled Indian Terminal Project Moves Ahead | Journal of Commerce
The path for the long-stalled development of a container terminal at the Port of Jawaharlal Nehru (Nhava Sheva) was cleared after the Indian Supreme Court rejected DP World’s appeal to review its rejected tender offer.
Ron Widdows to Head Germany’s Rickmers-Linie | Journal of Commerce
Ron Widdows, the former chief of Singapore-based Neptune Orient Lines, will become CEO of Germany’s Rickmers Holding and Rickmers-Linie shipping group. Widdows, who retired as head of the owners of container ship operator APL last year, will take over from the heavy lift and project cargo
Eastbound Trans-Pacific Rates Fall 1.6 Percent | Journal of Commerce
Average eastbound trans-Pacific spot rates fell this week for the first time in 2012 as vessel overcapacity and slack seasonal demand undermined carrier efforts to lift rates. The Drewry benchmark for average spot rates for shipping a 40-foot equivalent container unit from Hong Kong to Los Angeles
Hapag-Lloyd Reports 2011 Profit, Bucks Industry Trend | Journal of Commerce
Hapag-Lloyd‘s operating profit in 2011 declined 83 percent to $133 million from $770 million in 2010, but the German carrier bucked an industry-wide trend as one of the very few ocean lines to close the year in the black.
Galveston Appoints Mierzwa Port Director | Journal of Commerce
The Port of Galveston named Capt. Michael J Mierzwa as its new port director, effective Feb. 16. Mierzwa, who has been deputy port director of the Port of Galveston for the last six years, succeeds Steve Cernak, who left the port to head the Port Everglades in Florida.
Matson Profit Tumbles 55 Percent | Journal of Commerce
Matson Navigation’s fourth quarter operating profit fell 55 percent to $13 million as slumping trans-Pacific rates offset improved volume to Guam, parent Alexander & Baldwin said.
APM Terminals to Operate, Expand Turkish Terminal | Journal of Commerce
APM Terminals signed a preliminary agreement with Petkim Petrokimya Holding to operate a Port of Petkim terminal and expand the Turkish facility’s capacity to up to 3 million 20-foot equivalent units.
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