German tyremaker, Continental has developed a tyre pressure monitoring system for buses and trucks, which it claims improves safety and reduces emissions for commercial vehicles and provides significant cost savings. The new tyre pressure monitoring system displays the precise pressure measurement for all wheel positions and can, with correct driver a...
Commissioner László Kovács, responsible for Taxation and Customs, visited Beijing, Shenzhen and Hong Kong this week to meet with Chinese authorities to discuss ways in which customs cooperation between the EU and China can be further improved. While in Hong Kong, Commissioner Kovács had the first exploratory talks on taxation of savings with the relevant ...
On January 1st 2008 NYK Logistics (Nederland) started the logistics operation for Intratuin Trade & Logistics BV, with 6.000 m² of storage, employment for 10 Full Time Equivalents and the management of Intratuin’s entire supply chain. With this collaboration, Intratuin has entrusted its logistics activities for Folder- and promotional material to ...
On the basis of the authorization granted by the Annual General Meeting on January 18, 2008, the Executive Board of ThyssenKrupp AG resolved on January 31, 2008 to purchase on the stock market up to around 15.8 million shares of the Company, representing around 3% of the capital stock, before the authorization expires on July 17, 2009. The purchase price ...
Why is Hollywood Reporter running a story on its Web site with the headline EU, China to share port info? Have movie moguls suddenly taken an interest in container lifts per hour instead of facelifts? No, it's because Laszio Kovacs, the European Union Commissioner responsible for taxation and customs, is visiting China where among other things, he is d...
Korean Shipbuilder Invests in U.S. Company and Will Design and Build Ocean-Going Vessels to Transport Ethanol and Other Fuels to and from the U.S. Korean ship builder NOK-BONG Ship Building Co., Ltd. (NBS) has purchased 20,000,000 unissued shares of common stock in St. Lawrence Energy Corp. (OTC: SLAW), a Delaware corporation, at a price per share of $...
SEVERAL international maritime regulations will come into force on January 1, 2008, the International Maritime Organisation has said. These include the regulation in SOLAS chapter V, "Safety of Navigation," which introduces LRIT as a mandatory requirement for several ship types on international voyages. Amendments to the STCW convention and ...
HONG KONG (XFN-ASIA) - Goldman Sachs reiterated a 'buy' call on China COSCO Holdings' Hong Kong-listed shares with a target price of 30 hkd after the operator of Asia's largest container line raised its full-year earnings estimate. China COSCO said it has raised its 2007 net profit forecast by 49.1 percent to 18.2 bln yuan from the 12.2 bln estimated e...
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