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Swire Shipping to start weekly services to Micronesia 29 August 2017

Swire Shipping will upgrade its multipurpose liner service and introduce a fixed-day, weekly de-livery schedule into Guam and Saipan to better serve customers in the Micronesian region.

After four years of continuous service in Guam, Swire Shipping introduced its first call to Saipan late last year and has been calling both markets on a fortnightly basis.

“Swire Shipping has been a leading provider of sustainable shipping solutions to the Pacific Islands for about 80 years. To-day, while we operate a global network, this region remains as one of our key markets. We have a long-term commitment to our customers and the communities in the Pacific Islands and wi...

Milaha new PQX to establish a second weekly service to & from Mundra 29 August 2017

Milaha has announced the launch of a direct service between Pakistan and Qatar, the PQX (Pakistan Qatar Express service), which will also establish a second weekly service to and from Mundra, India.

This will add to Milaha’s existing Mundra call as part of the IQX (India Qatar Express service), said a release.

PQX will be operated with two 1,700 Twenty Foot Equivalent Unit (TEU) vessels and a weekly call in all ports through a Mesaieed - Mundra - Karachi - Hamad - Mesaieed rotation. The first vessel will depart from Karachi Port on September 7, 2017 and arrive at Hamad Port on September 11.

PQX will operate weekly between Karachi, Pakistan and Ham...

APL to launch new Asia Latin America Express 3 service 28 August 2017

APL has announced the addition of a new weekly Asia Latin America Express 3 (AE3-AW3) service that is now connecting China, Hong Kong, Taiwan and other key Asian markets to Mexico and the West Coast South America.

"The Asia Latin America Express 3 service further enhances our Asia-Latin America service coverage, extending it in West Coast South America. Offering the most competitive transit times, the new service underlines APL's commitment to widen our Latin America presence and take our shippers' cargo to places with a focus on speed to market," said Adeline Franger Chouraqui, APL Head of Latin America. 

Designed with the industry's fa...

Asia-Europe rate inches up 0.5% to USD 923 TEU, off 7% to USWC 28 August 2017

According to the Shanghai Containerised Freight Index (SCFI), Spot rates for shipping containers from Asia to northern Europe in the week ending Friday inched up 0.5% to USD923 per Twenty Foot Equivalent Unit (TEU).

Asia-Mediterranean trade dropped 1.1% to USD 822 per TEU.

Asia to the US west coast fell 7% week over week to USD 1,541 per FEU while those to the east coast were down 7% to USD 2,419 per FEU.

...

MOL to levy USD 500 TEU hike on cargo for southern Africa September 1 25 August 2017

MOL has announced a general rate increase (GRI) covering cargo transported from Asia to southern Africa from September 1.

The GRI will be USD 500 per Twenty Foot Equivalent Unit (TEU) and USD 1,000 per FEU, applicable for cargo carried from Asia, the Indian subcontinent and Middle East to southern Africa, including South Africa, Lesotho and Zimbabwe.

...

Port of Riga handles 13.8 % rise in box volumes in first 7 months of 2017 22 August 2017

The Port of Riga container volume increased 13.8% year on year to 245,200 Twenty Foot Equivalent Unit ( TEU) in the first seven months of 2017.

Latvia's biggest port throughput consisted 17.8% oil products followed by 12.2% container volume with timber coming in at 8.1% and chemicals at 7.2%.

Bulk cargo accounted for 12.4 million tonnes (mt) over seven months, up 1.6% year on year.

General cargo volume was up 11.5% to 3.98 mt and liquid bulk fell 33.8% to 3.6 mt.

Coal volume dominated increasing 5.1% year on year to 7.36 mt, amounting to 36.8% of all cargo. "Infrastructure and capacity of the Riga Port allows transportation of all ki...

Shanghai Port handles 3.44 m TEU in July 22 August 2017

Shanghai Port handled 3.44 million Twenty Foot Equivalent Unit (TEU) in just the month of July 2017, up 5.2% year-on-year.

This is as per data released by the Shanghai International Port (Group) Company (SIPG).

...

Container volume up 13.8% in Riga to 245,200 TEU in first 7 months 19 August 2017

The Port of Riga container volume increased 13.8% year on year to 245,200 Twenty Foot Equivalent Unit (TEU) in the first seven months of 2017.

Latvia's biggest port throughput consisted 17.8% oil products followed by 12.2% container volume with timber coming in at 8.1% and chemicals at 7.2%.

Bulk cargo accounted for 12.4 million tonnes (mt) over seven months, up 1.6% year on year. General cargo volume was up 11.5% to 3.98 mt, and liquid bulk fell 33.8% to 3.6 mt. Coal volume dominated increasing 5.1% year on year to 7.36 mt, amounting to 36.8% of all cargo.

Riga Freeport administrator Ansis Zeltins said that "Infrastructure and capacity of the ...

Milaha to start Direct container service between Qatar & Kuwait 19 August 2017

Milaha has launched the first ever Direct feeder service between Qatar and Kuwait.

The new service, named KQX (Kuwait Qatar Express Service), will operate between Hamad Port in Qatar and Shuwaikh Port in Kuwait once a week initially, using a 515 Twenty Foot Equivalent Unit (TEU) vessel.

With 50 reefer plugs available on the vessel and a highly competitive transit time of 1 day, the new service is ideal for transporting perishable products and food stuff, among other cargoes, coming into and out of Qatar, as well as for connecting Kuwait to Milaha’s broader feeder network in the Arabian Gulf and beyond.

“Qatar and Kuwait have long enjoyed str...

Foreign operators to be invited to develop Bangladesh ports 18 August 2017

Bangladesh plans to open its seaports to foreign port and terminal operators.

This comes amidst increasing calls to enhance port capacity following the ongoing severe congestion at the country’s key Chittagong port (handling 92% of Bangladesh’s exports and imports) which has been impacting its international trade for some time now.

Under a new landlord port arrangement, international firms will design, build, finance, operate and maintain new port terminals.

Reports said that the country’s biggest port, Chittagong, will withdraw from dock management and become a landlord.

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