Feng Hsin, one of the major rebar producers in Taiwan, has decided to cut rebar prices by TWD 300 per tonne to TWD 21,000 per tonne for this week, in response to the changed electricity policy. It’s known that the Taiwanese government announced to change …
0Feng Hsin, one of the major rebar producers in Taiwan, has decided to cut rebar prices by TWD 300 per tonne to TWD 21,000 per tonne for this week, in response to the changed electricity policy. It’s known that the Taiwanese government announced to change …
HANJIN Shipping has taken delivery of the 13,100-TEU Hanjin Sooho, which is the first in a series of eight same-sized vessels built by Hyundai Heavy Industries. A report by Alphaliner said the containerships were originally contracted by Muenchmeyer Petersen & Co (MPC) in February 2008, …
RATES from Asia to Europe softened again this week, slipping 2.1 per cent to US$1,708 per TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean rates were also down, dipping 0.9 per cent to $1,747 per TEU. But rates from Asia to the US …
DUBAI’s Emirates Shipping has announced it will impose a general rate increase (GRI) of US$250 per TEU on cargo from the Far East and south east Asia to east Africa from May 1. This is the second GRI on the same trade lane announced by …
Shipping containers represent the core of a highly automated system for transit of goods. Although humble in appearance, shipping containers also known as maritime containerization, is the greatest invention of the modern era responsible for slashing transportation costs to all time low and for triggering …
BREAKBULK and general cargo, consigned to the dustbin of history by the container revolution, has enjoyed a resurgence in recent times with a mini-boom in project and heavy lift shipping – but desperate containerships are proving to be versatile rivals, says a Drewry report. “Project …
ASIA-EUROPE freight rates have once again risen after a brief hiatus over the past two weeks, as spot rates on the trade last week increased 21 per cent to US$1,660 per TEU, according to the latest data from the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean …
Equatorial allowed to pursue its claim for over $21.7 million from shipping firm MISC for alleged non-payment of bunkers. Source: Bunkerworld (28th Mar 2012)
A deluge of enormous containerships has recently flooded the market as ships held back at yards during the downturn are being delivered at last, adding capacity in an already overtonnaged scenario, according to Exim News Service. China Shipping Container Lines (CSCL) has taken delivery of …