NOL signs contracts for 12 new ships

Jun. 29 | Neptune Orient Lines (NOL) confirmed June 27 that it has signed contracts with two Korean shipyards to build 12 new container vessels, including ten of its largest and most efficient vessels. The confirmation follows the group’s announcement on...

Maersk orders 10 more super ships for Asia-Europe trade

Jun. 29 | Maersk Line has signed a contract for an additional 10 Triple-E ships following an order four months ago for 10 of the same ships, the world’s largest and most efficient container vessels. The Copenhagen-based container shipping line said the orders...

Kerry Logistics constructs facility in eastern China

Jun. 29 | Kerry Logistics has started construction of a 26,000-square-meter logistics facility in Wuxi, China, an economic beehive in Jiangsu Province. Wuxi Logistics Centre will have a capacity of 10,000 tonnes when it is completed in the fourth quarter of 2012. The...

BDP appoints general manager for Singapore

Jun. 29 | Logistics firm BDP International (BDP) announced June 28 the promotion of David Poh to general manager for Singapore. Poh will be responsible for all Singapore operations, including strategies to develop the Singapore business. Poh has been a member of...

Geraldine Knatz voted IAPH president

Jun. 27 | The International Association of Ports and Harbors (IAPH) has elected Geraldine Knatz, executive director of the Port of Los Angeles, its 29th president, succeeding Gichiri Ndua. Knatz was chosen during the 27th IAPH World Ports Conference held May 23...

DHL builds up Asia air network with three freighter purchases

Jun. 27 | DHL has boosted its Asia air network service with a EUR100-million ($141 million) investment in three Boeing 747-400 converted freighters (BCFs). The B747-400 BCFs will have a payload capacity of 100 tonnes each and be deployed to the high-capacity routes...

APL cuts fuel surcharges using new slow-steaming formula

Jun. 27 | APL has announced a new fuel surcharge formula in the trans-Pacific trade that reflects the financial impact of slow-steaming, the industry-wide practice of reducing vessel speed to reduce fuel consumption, control costs and reduce emissions. The Singapore-based...

ATS homing in on cargo, value-added services

Jun. 27 | PHILIPPINE company ATS Consolidated, Inc (ATSCI), formerly Aboitiz Transport System Corp, is banking on its cargo, supply chain and value-added services for growth this year. In an interview at the sidelines of the company’s stockholders’ meeting...

ICTSI subsidiary gives formal offer on Singapore port operator

Jun. 27 | ICTSI Far East Pte Ltd — a subsidiary of Philippine-based port operator International Container Terminal Services, Inc. (ICTSI) — has formally offered to buy remaining shares of Portek International Limited at a premium price of $1.20 Singapore dollars...

Subic, South Africa ports eye cooperative deal

Jun. 27 | SUBIC Bay Metropolitan Authority (SBMA) in the Philippines is eyeing a cooperative agreement with a South African port. A South African delegation, led by officials of the Richards Bay International Development Zone (RBDIZ), recently visited SBMA and...