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News & Media

 

   

 

MAERSK Line is set to break another record this year when it introduces what is possibly the largest ever series of peak season surcharges.

 

 

The world’s largest container line is currently preparing a formal announcement, but Lloyd’s List has learnt from customers and freight forwarding sources that on July 15 it will bring in a peak season surcharge on the westbound Asia-North Europe trade of $750 per teu, $1,000 per feu and $1,200 per high-cube feu.

 
CSAV eyes return to profit and surge in liftings
 

CHILEAN container shipping line CSAV expects to carry about 60% more cargo during this year than in recession-hit 2009, and should return to the black by the end of the second quarter.


At the beginning of this year, it operated 88 charted vessels with a total shipboard capacity of 297,520 teu, and owned eight vessels with a total capacity of 36,402 teu.
Chartered vessel will be increased to 130 by next January — representing total capacity of 482,546 teu — thereafter dropping down to 123 vessels in 2012 and 2013, while its owned tonnage would increase to 10 vessels next year, 15 in 2012 and 16 in 2013, which would have shipboard capacity of 97,714 teu and represent 17% of its total fleet.

 
Chinese banks to become less inhibited in ship finance
 

CHINESE banks will “inevitably” branch out in international ship finance after a relatively short-lived period of educating themselves in the industry, a prominent Greek shipping financial consultant has said.

At the same time, Mr Xiradakis predicted China would become a major provider of equity finance for shipping, with a greatly enhanced role in future for the Hong Kong stock exchange.

 
Experts question slow steaming prospects
 

SLOW steaming is not a panacea to address the economics of increasing fuel costs or shipping emissions despite an industry-wide shift to slower steaming speeds and confident predictions that the shift is set to become a permanent feature of the industry.

But a growing bank of industry experts is questioning whether the trend will survive once the market picks up speed

“I think reducing speed is one of the measures that can help us reduce emissions, but I do not believe in the radical speed reductions that we have seen for example in the containerships sector,” DNV president Tor Svensen told Lloyd’s List at Posidonia

 
Pirates free Asian Glory after ransom payment
 

SOMALI pirates have released UK-flagged car carrier Asian Glory, which has been in captivity since New Year’s Day, following payment of a ransom of unspecified amount, according to a statement on the EU Navfor website.



According to Lloyd’s Marine Intelligence Unit, the ship, which is owned by the Israel -based Ofer Brothers Group, was en route to Jeddah in Saudi Arabia from Singapore at the time it was taken.

The 1994-built, 13,363 dwt Asian Glory is expected to leave for Oman under escort from a British military vessel.

 

 

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