Media
Media
THE International Transport Forum will bring together ministers of transport from 52 countries to discuss it's 2011 theme of Transport for Society in panel discussions and ministerial sessions in Leipzig from May 25-27. The strategic think tank of the OECD will provide panel discussions with simultaneous translation from and into English, French, German,...
THE Seaspan Corporation, an independent charter owner of containerships, has taken delivery of the 4,500-TEU Berlin Bridge from South Korean shipbuilder Samsung Heavy Industries. The new containership is Seaspan's fifth delivery so far this year and brings the total number of vessels in its operating fleet to 60. The charter owner said in a statement ...
MAJOR Greek containership owner Costamare has announced shipbuilding contracts and charter agreements for five newbuildings, as well as the completing the financing of two ships ordered in January. South Korea's Sungdong Shipbuilding & Marine Engineering are to build five 8,800-TEU vessels to be delivered over 2013, for which there are long-term time...
FINANCIALLY and legally troubled Horizon Lines has sold its Horizon Logistics business unit to Logistics Plus of Erie, Pennsylvania, reports American Shipper. The Charlotte, North Carolina, Jones Act shipping company hinted in February that would shed the unit, which has been unprofitable. Horizon had been hit with a price-fixing federal fine of US$45 mil...
THE southern island province of Hainan achieved a cargo volume of 53.1 million tonnes in the first quarter, 10 per cent more than in the same period last year, Xinhua reports. Waterborne volume recorded the fastest growth of 11.3 per cent to 21.7 million tonnes, representing 40.8 per cent of the province's total. Road transport was the next with an incr...
HONG KONG's TS Lines has launched a new service connecting Taiwan, Hong Kong and Indonesia (THI) deploying three 1,500-TEU to 1,700-TEU ships in a three week rotation. The first sailing took place on May 3, by the 1,708 TEU Kyoto Tower. The port rotation is Hong Kong, Keelung, Taichung, Kaohsiung, Hong Kong, Jakarta, Surabaya and back Hong Kong. (Source:...
Thai Airways International first-quarter net profit plunged 94 percent from a year earlier, due mainly to a foreign-exchange loss, reported Dow Jones Newswires. For the three months ended March 31, the national carrier reported a net profit of US$20.4 million, down from $349.67 million a year earlier. Thai Airways booked a $111.15 million foreign-exchan...
Posco, the world's third-biggest steel producer, has decided to participate in the final bidding for a controlling stake in Korea Express, a deal expected to be worth around US$1.5 billion, reported Reuters. Posco, Lotte Group and CJ Group previously submitted preliminary bids for South Korea's top logistics firm. The top shareholders of Korea Express...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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