On September, 9 a tanker of a 19619 project built at the yard Krasnoe Sormovo for the shipping company Palmali was launched in Nizhni Novgorod. The new tanker was named “Agdash”. It should be mentioned that due to the contract there will be built 3 tankers of the named project. The first ship will be delivered to the customer in September 2007, the second...
THE European Investment Bank (EIB) says it is lending Croatia's Port of Zadar Authority euros100m (US$138m) to build a new ferry port at Gazenica, about 2 miles south of Zadar city centre. The bank doesn't say how much the total project is costing but says EIB is co-financing it together with Germany’s KfW, which will lend euros120m, and the Croatian gove...
COMPANY insider Hans Feringa will take over as president of Stolt Tankers & Terminals with effect from 1 December when Otto Fritzner retires as planned. Hans Feringa has been Managing Director of Tanker Trading at Stolt Parcel Tankers Division since 2003. Prior to this he was Managing Director of Stolthaven Terminals Division (2000 to 2003) and Asia P...
MAJOR Norwegian-based shipowner BW Gas has joined the attack on proposed changes to the country's tax system which would effectively claw back tax going back 10 years which did not have to be paid under the current tax laws for shipping. BW Gas says that, if approved, the Norwegian government's back tax proposal would severely undermine the company's bala...
NORWEGIAN parcel tanker company says a change in the country's tax laws would reduce its ability to invest in fleet replacement by “an amount of close to US$1bn”. It says in a statement rushed out over the weekend that its relative competitiveness would be severely hampered compared to our main competitors that are operating under international tax regime...
“TWO cadets per ship is the minimum intake required to sustain the supply of human resources in the maritime industry and perhaps, the only way to prevent future shortages is to make two cadets, a mandatory requirement in the manning scales for ships!” That at least is the view of Anglo-Eastern Ship Management's Quality Assurance & Training director Prade...
THE US Coast Guard has warned mariners to make sure they enter their 9-digit Maritime Mobile Service Identity (MMSI) number into marine radios equipped with Digital Selective Calling (DSC) and Automatic Identification Systems (AIS). The Coast Guard says: “Statistics show that many mariners in distress do not properly identify themselves nor provide a ...
THE International Transport Workers' Federation (ITF) says it is in negotiations to win a “substantial amount” in back wages owed to 25 crew members who were left on an abandoned vessel at Santander, Spain. The ITF says that the mainly Cameroonian seafarers on board the Greek-owned, Panama-flag 13,586 gt cargo vessel Meugang 1, have been stranded in t...
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