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The Chairman of the Shipbuilders’ Association of Japan (SAJ) rallied his members' spirits at the end of 2009, urging the industry to try harder and to exercise patience. “Starting in 2010, we may have to begin exerting more effort in order to pile up orders bit by bit,” Takao Motoyama advised. “We project that it will be a tough y...
The Azerbaijan Government has announced plans for a new state-of-the-art shipyard to be located near the Heydar Aliyev Baku Deepwater Jackets Factory. The head of Azerbaijan’s maritime administration, Gudrat Gurbanov, said that the new shipyard would boost the domestic industry. Construction is estimated to cost between US$300 million and US$250 mil...
US homeland security and industry officials are warning that "most shippers have taken few steps to avoid potential supply chain disruptions resulting from screening backlogs at major airports," reports the American Shipper. The warning comes ahead of the looming deadline for the US Transportation Security Administration's Certified Cargo Screening Progr...
OMAN Air Cargo has managed to boost revenue last year by 67 per cent compared to 2008 owing to the addition of new A330 aircraft and the introduction of new destinations. Oman Air, the national carrier of the Sultanate of Oman also moved 2,325,805 passengers in 2009, a year-on-year increase of 17 per cent, reports Global Arab Network. It said over the c...
QANTAS low cost carrier Jetstar Airways and Malaysian budget airline AirAsia have announced an alliance to cut costs, pool expertise and provide cheaper fares in the Asia Pacific region. "The announcement breaks the mould of traditional airline alliances and establishes a new model for achieving reduced costs and increased efficiency," said Qantas CEO Ala...
THE world's top shipbuilder Hyundai Heavy Industries (HHI) suffered a 61 per cent decline in new ship orders in 2009 worth a total of US$10.6 billion for ships, marine engines, offshore plants and wind power equipment. This has prompted the company to forecast that the effects from over capacity in the container shipping sector will linger in the year. ...
Philippine congressman Teofisto “TG” Guingona III has blasted the Maritime Industry Authority (Marina 7), saying that it had been lax in implementing maritime laws, causing tragedies at sea such as the sinking of the ‘Baleno 9’ and ‘Catalyn B’ last month. He said that if Marina 7 had been rigorously implementing maritim...
Denmark: Shipping tycoon Maersk McKinney Moller has authorised changes to the charter relating to two family funds controlling the interest in AP Moller Maersk. The changes will affect both the General Fund and the Family Fun. Together, two two funds own more than 50 percent of the Maersk Group’s shares and more than 64 percent of voting rights. U...
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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