Shipping & Logistics
OOCL Decreases Montreal’s Low Water Surcharge
Orient Overseas Container Line plans to decrease its low water surcharge for all cargo shipments via the Port of Montreal, effective Feb. 1, following the latest projections for improved water levels in the Canadian St. Lawrence River.
OOCL Miami christened at Changxing Island shipyard
Orient Overseas Container Line held a naming ceremony at the Changxing Island shipyard in Shanghai for its new vessel, the OOCL Miami.
Maersk Line sees potential for better 2013
A pick up in freight rates and world trade could help Maersk Line, the world's biggest container shipping operator, achieve better results in 2013 despite excess capacity in the industry, its North Asia chief told Reuters.
Ultrabulk adds Japanese NB
Ultrabulk announced having entered into an agreement to secure a new generation Kamsarmax bulker of 81,000 dwt size, to be built by a leading Japanese shipbuilder and upon completion of construction to be placed on long term time charter of up to 13 years to the Ultrabulk platform.
