HAMBURG-based heavylift and project cargo carrier Rickmers Linie has entered the Latin American trades with the launch of a new liner service to the north coast of South America and the Caribbean.

Zim said it will increase rates July 1 on westbound cargo from North Europe, Scandinavia and Baltic ports to the United States and Canada.

Hong Kong-based liner carrier OOCL is raising rates on the Southeast Asia/Australia trade from July 1.

The first Inland Container River Terminal in Bangladesh, being built at an estimated cost of US$25.5 million, is likely to open early next year on the Buriganga River, the Bangladesh New Nation reported.

Orient Overseas Container Lines took delivery of the last in a line of 16 vessels with a capacity of 4,578 20-foot equivalent container units that it ordered from Samsung Heavy Industries.

For the ninth consecutive month, the shipping industry in India has seen growth in cargo traffic across the major ports, the Times of India reported.