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Qatar Navigation announced the company is retaining its stable financial positions. According to the company’s official announcement, its net profit for the first half of this year increased by 13.5% compared with the same period last year.
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One of China’s largest container operators Orient Overseas Container Line (OOCL, Hong Kong) and Germany’s largest container operator Hapag-Lloyd have decided to optimize their combined North Atlantic service.
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Port of Hamburg’s largest container operator HHLA is considering a possibility of selling its container terminal in the port of Lübeck (Germany).
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Starting from the 1st of August of 2009, the Mediterranean Shipping Co (MSC, Switzerland) increases freight rates for export cargo coming from the countries of Northern Europe, the Scandinavia, and the Baltic region.
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Japan’s three largest shipping companies - Nippon Yusen K.K., Mitsui O.S.K. Lines Ltd (MOL), and Kawasaki Kisen Kaisha Ltd. announced financial losses for the period from April to June of the current year, as well as that the companies are lowering their earnings forecasts for 2009.
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The German container line Hamburg Süd together with COSCON and ICS (MOL, NYK, and Maersk Line) have decided to optimize their services between the North-East Asia, Australia, and New Zealand.
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China Shipping Container Lines (CSCL) and the Taiwanese shipping company Evergreen Marine Corporation have launched a new weekly service between Far East and Northern Europe.
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The Israeli container line Zim announced that starting from the 25th of July the company’s vessels operating on the weekly Mediterranean feeder service will start calling at the Spanish port of Seville instead of Cadiz.
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A leakage of acetone anhydride took place at the Baltic Container Terminal in the port of Riga on the night from the 23rd to the 24th of June.
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The terminal operator DP World plans to open a new container terminal in Vietnam on the 1st of October of 2009.
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The South Korean shipping company Hanjin Shipping (one of the key operators on the Asia-US routes) has decided to increase the shipping rates on the Trans-Pacific routes.
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The ZUBR container train organized by Belorussian, Latvian, and Estonian railway companies starts operating on a regular basis along the route between Riga and Minsk.
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Rusmarine Logistic LLC has started servicing export feeder cargo at its terminal in St.Petersburg.
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The Taiwanese shipping company Yang Ming Line plans to increase its shipping rates on the Asian-American routes starting from the 10th of August.
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During the first half of this year the cargo volumes in Bulgaria’s largest port of Varna decreased by 10% compared with the same period last year.
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China Shipping Container Lines, the China’s second largest shipping company in terms of container volumes, announced that the company would almost double the shipping rates on its Asia-Europe routes by the end of this month.
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Norfolk Southern Railway and Union Pacific Railroad have launched a new intermodal service for shipping reefer containers between Los Angeles and Atlanta.
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The German container vessel MV Victoria which was captured by Somali pirates at the beginning of May is released. The vessel belongs to Intersee shipping company (Lower Saxony).
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The container turnover in the Vladivostok Container Terminal (VCT, part of FESCO Group) decreased by 28.7% during the first half of 2009 compared with the same period of 2008 and reached 86,350 TEU.
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The world’s second largest container line - the Swiss company MSC - plans to scrap its old container vessels and increase the tonnage of the new vessels.
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