The development of the Northern Sea Route will change the balance of powers in the sea shipping market, said Gleb Ivashentsov, deputy director of the Russian APEC Study Center, at the APEC Economic Leaders’ briefing in Vladivistok. Russia has traditionally been a bridge between Europe and the Pacific. However, its Pacific ports and trunk…
All Asian shippers wil have to pay higher freight charges to European container ship operators from September 2012. From September 1, Denmark-based Maersk, the world’s largest container line, will implement a general freight increase of 250 U. S. dollars per TEU and 500 U.S. dollars per FEU on all shipments from the Far East…
REPUBLIKA.CO.ID, JAKARTA – US Secretary of State Hillary Rodham Clinton called Monday for Southeast Asian states to present a united front to the Chinese in dealing with territorial disputes in the South China Sea to “literally calm the waters.” And she urged all involved to make “meaningful progress” on a process for ending conflicts by November.…
European Union Naval Force Somalia – Operation Atalanta, NATO and Combined Task Force 151 (CTF 151) – the big three – call upon the shipping industry to continue to take anti-piracy measures despite the current downward trend in piracy events. In a recent report published by the International Maritime Bureau it was announced that…