Media
Media
Maersk Tankers-owned Broström has initiated a new tanker cooperation with the Swedish owners Erik Thun AB, Rederi AB Gotland and Wisby Tankers AB to strengthen its 5,000–10,000 DWT segment portfolio, Shipgaz reports. Last year Broström added three vessels to its small portfolio. The Swedish-based tanker operator will add further four vessels in the period Ma...
Hyundai Merchant Marine (HMM) will be entering China's general logistics market by penetrating the Shandong Province, reported MAEIL newspaper. The company announced that it has signed an Memorandum of Understanding (MOU) with the Shandong Province Communication and Transportation Group for both sea-based and land-based logistics operations. The Sh...
Keppel Offshore & Marine (Keppel O&M)'s subsidiary has on Wednesday acquired 27.8% stake in newly-listed Dyna-Mac via an equity placement. KS Investment, wholly-owned by Keppel O&M, invested S$87.5m ($69m) into topside module fabricator Dyna-Mac based on an invitation price of S$0.35 per share. The equity placement was made on Dyna-Mac's first...
Korea Line Corporation (KLC) announced that it saw an operating loss of KRW171.4bn ($153m) last year mainly due to the depression of global economy and shipping industry. The company also made a loss of KRW424.6bn in 2010. Last year's sales of KLC decreased by 5.2% to KRW2.161trn. (Source:http://www.seatrade-asia.com)
The Singapore Maritime Foundation (SMF) released both Chinese and Japanese guidance versions of the Singapore Ship Sale Form (SSF) online on Thursday, in a bid to build on its position as a shipping hub in Asia Pacific. SMF said it is a common practice for Chinese and Japanese maritime companies to do some simple translations of the forms for their mana...
Thailand-based Regional Container Lines (RCL) has on Tuesday launched a new Asian container shipping service with calls at Sri Lanka, India and Pakistan. The new RPI (RCL Pakistan India) westbound service will call at Sri Lanka's Colombo port every Tuesday en route to Nhava Sheva in India's Mumbai port, and Pakistan's Karachi port on a fixed day service....
GERMAN logistics giant DHL has commenced a direct, weekly, less-than-container-load (LCL) service between Busan and Manzanillo, Mexico that offers a shorter transit time of 15 days. Operated by Danmar Lines, DHL Global Forwarding's in-house carrier, the service will distribute shipments arriving in Manzanillo to other cities across Mexico, including Al...
EXPRESS delivery volume of east China's Anhui province, due west of Shanghai, reached 36 million parcels in 2010 with a growth of 52.6 per cent over 2009, ranking the sixth place nationwide, reports Xinhua. The volume also stood in the 15th place in China. There are 214 formally operated express delivery companies in Anhui. FedEx, DHL and TNT all have ...
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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