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KPIs show that container industry needs to improve - Heavy Lift

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KPIs show that container industry needs to improve
Heavy Lift
The most reliable carriers in the period were Maersk Line and its sister company Safmarine, followed by Hanjin Shipping. The KPIs use data from e-commerce platform CargoSmart that measure commercial and operational performance at the box-level.

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21

Shipping movements - Times of Malta

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Shipping movements
Times of Malta
The Marina from Durrez to Bar, the Marguerite from Tunis, the Pluto from Aliaga to Izmir and the CMA CGM Centaurus from Le Havre to Khor Fakkan (all Carmelo Caruana Co Ltd), the MV Eurocargo Malta from Genoa to Civitavecchia and the MV Translubeca from ...

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20

Transatlantic clean ship rates steady, gains eyed - Reuters

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Transatlantic clean ship rates steady, gains eyed
Reuters
* LR market stays pressured * Med rates still facing tanker glut LONDON May 21 (Reuters) - Tanker rates for refined petroleum products on top export routes were mostly softer on Monday although buoyant cargo interest provided support to the ...

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20

SFL - Invitation to Presentation of 1Q 2012 Results - Reuters

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SFL - Invitation to Presentation of 1Q 2012 Results
Reuters
Ship Finance International Limited ("Ship Finance") (NYSE: SFL) plans to release its preliminary financial results for first quarter 2012 on Thursday May 24, 2012. The Company plans to host a conference call and a webcast for all shareholders and ...

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20

Growth track in Iraq - Crain's Detroit Business

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Growth track in Iraq
Crain's Detroit Business
By Constance Crump To finance operations, Veritas buys revolving letters of credit, a commonly used instrument in international transactions. Veritas deposits cash with a bank to cover a letter of credit. Chrysler then ships the cars against the letter ...

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19

Chennai Port to have air freight station near airport - Hindu Business Line

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Chennai Port to have air freight station near airport
Hindu Business Line
The Port Trust has issued an expression of interest notice to the trade to explore market interest for developing an AFS. It could also be a dry dock for storage of air cargo and its stuffing/destuffing from air containers to complement the facilities ...

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18

Baltic sea index flat on weak Chinese demand - Reuters

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Baltic sea index flat on weak Chinese demand
Reuters
May 21 (Reuters) - The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry commodities was flat on Monday, as weak Chinese demand weighed on rates for dry bulk vessels. The overall index, which factors in the average ...

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18

Exclusive: Iran flouts UN sanctions, sends arms to Syria: panel - Reuters

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Exclusive: Iran flouts UN sanctions, sends arms to Syria: panel
Reuters
The report talked at length about Islamic Republic of Iran Shipping Lines, known as IRISL. While IRISL itself is not formally under UN sanctions, three of its subsidiaries are, and the council has warned UN member states to be vigilant regarding ...

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18

Maersk to put up freight rates by as much as 30% - bunkerworld (subscription)

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Maersk to put up freight rates by as much as 30%
bunkerworld (subscription)
Maersk Line plans to raise its Latin American cargo rates by as much as 30% this year, according to a senior company executive. Fuel prices for the company's ships have tripled in the last five years while shipping rates have fallen by 10%, ...

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17

Strategic Signatories

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The International Maritime Organization (IMO) has inked five-strategic collaborations with a series of UN agencies and the European Union (EU). This signing off took place after a Conference on Capacity Building to Counter Piracy.

The agreements were inked with the UN Food and Agriculture Organization (FAO), the United Nations Political Office for Somalia (UNPOS), the United Nations Office on Drugs and Crime (UNODC) and the World Food Programme (WFP).

Another agreement was signed with European External Action Service (EEAS).

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17

Maersk Remains Leader in Cargo Shipping - AllAfrica.com

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Maersk Remains Leader in Cargo Shipping
AllAfrica.com
By Clemencia Jacobs, 21 May 2012 Maersk has established itself as the leader in shipping in Namibia over the past 15 years. Maersk started its operations in the country in 1997 with the maiden call of the container vessel, Cornelia Maersk, ...

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17

Vale to build second iron ore storage ship in Asia - Creamer Media's Mining Weekly

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Vale to build second iron ore storage ship in Asia
Creamer Media's Mining Weekly
NANTONG, China - Vale will build a second floating iron ore storage vessel in Asia to feed shipments to its main market, China, a senior company official said on Monday, as the Brazilian miner works around Beijing's ban on its huge dry bulk ships.

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16

Indonesia - Market Factors to watch - May 22 - Reuters UK

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Indonesia - Market Factors to watch - May 22
Reuters UK
WHAT'S HAPPENING IN INDONESIA (GMT) - Shipping Firm Samudra Indonesia shareholders meeting. - Industrial Park Developer Surya Internusa Semesta shareholders meeting. - The central bank is to announce broad money supply for March. - The finance ministry ...

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