COSCO and China Shipping Container Lines (CSCL) have announced their intention to strengthen their cooperation this year in a number of fields including shipping services and container management businesses. The two companies have decided to establish committee expressly charged with bringing about greater cooperation in shipping services to enhance service quality and management efficiency. The move is viewed as part of the response to Maersk’s new “conveyor belt” delivery system…

Saturday, November 22 ,2003 Tianjin’s throughput up 25 per cent in first 10 months TIANJIN Port handled 7.7814 million tons of foreign trade cargo in October, of which imports accounted for 3.4414 million tons, and exports 4.34 million tons. Over the first 10 months, total throughput for the port was 136.2788 million tons, up 25.6 per cent year-on-year. Of the total, foreign trade accounted for 73.481 million tons which included…

Thursday, November 20 ,2003 Expert urges transporters to adopt loss prevention discipline A LEADING trade expert and consultant has warned transport operators that profits could be slashed if more care is not taken over the transportation of perishable goods. David Heather, a consultant to specialist liability insurer, TT Club, outlined his views at a recent transport and logistics conference in Rotterdam. “If claims and losses are not kept under control…

Saturday, October 18 ,2003 MOL expands ECSA/ WCSA services MOL is to expand its east coast South America (ECSA) and west coast South America (WCSA) services. Previously, MOL offered ECSA/WCSA service with its monthly South America/ Oceania service. MOL said it is upgrading frequency to a nine-day interval, in co-operation with Buenos Aires-based Maruba SCA, with a combination of coastal space on MOL’s Asia-ECSA service and Maruba’s Argentine WCSA service….

Friday, October 10 ,2003Lykes extends Europe, Africa trade with feeder service  LYKES Lines has improved the frequency on its Europe-Africa-ECSA service and instituted a dedicated feeder to Tema and Lagos from Abidjan. “We have improved the frequency of our service between Europe, the west coast of Africa and the east coast of South America from every 11 days to every eight days,” a company spokesman said. “We are also adding…

Friday, October 03 ,2003 (Shipping, Cargo, Logistics, Freights News) Economic indicators prompt TSA to suggest rate hikes MEMBER lines in the Transpacific Stabilisation Agreement (TSA), a carrier discussion forum, have voiced optimism about further economic recovery in the US. This, in turn, has prompted TSA lines to recommend guideline rate increases for the 2004-05 contract year of US$450 per FEU on all tariff and service contract shipments from Asia to…

Friday, September 19 ,2003 NewsContship looks to Indian sub-continent growth CONTSHIP Containerlines is now entering a new phase of growth on its routes serving India. The springboard for growth on European routes to the Indian sub-continent is the service upgrades that have been introduced recently with the launch of the EPIC 3 consortium, linking India, the Middle East and Europe. Overall schedule reliability has been improved between the Indian sub-continent…