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Far Eastern Shipping Company (FESCO) will actually enter the Russia - US trade through a slot charter agreement with CMA CGM on the Bremerhaven-US East Coast/Gulf-legs of the Liberty Bridge and Victory Bridge services (jointly operated with China Shipping and Evergreen). US coverage includes Norfolk, New York, Boston, Baltimore, Charleston, Houston a...
Two seafarers are believed to still be missing after their vessel sank following a collision with a Cypriot cruise vessel off Israel. Between 11 and 14 other crew members onboard the 1,600-gt Shelly (built 1973) were rescued after it was hit by the 10,400-gt Cyprus-flagged Salamis Glory (built 1962) off Haifa on Thursday night. Reports in the loca...
AutoVaz is examining the opportunity to dispatch its products to Latin America via the port of Saint-Petersburg. Yesterday Pert Chechushkin, the head of the car export department of AutoVAZ, tried to know if it is possible or not to export 5-6 thousand cars via the terminal Onega owned by Oslo Marine. It should be pointed out that currently the company su...
STANDARD & Poor has raised its assessment of major Japanese shipowners Mitsui OSK Lines (MOL) and K Line. MOL went up one notch from BBB to BBB+. S&P cited the following reasons for the upgrade: 1. Improvement in cash flow stability through efforts to expand sources of stable income and moves to increase the number of long-term contracts, mainly in Dry Bulk ...
GREEK-based shipping company Marmaras Navigation has been fined US$8,500 under Washington state law for failure to have an approved oil spill readiness plan. The state's Department of Ecology imposed the fine, the first time it has has levied a fine under its new oil spill contingency plan rule adopted in October last year. Washington state requires t...
30 August 2007 during a conference in the regional industry and transport department on the development of the Murmansk transport hub Andrey Volodin, representative of the Federal agency of sea and river transport of Russia told that the performance potential of Murmansk port is evaluated at 1 mln. containers per year. He also noted that, possibly, th...
In the end of the current year it is schedule to put the first stage of cargo terminal of the airport Tolmachevo (Novosibirsk) into operation. According to deputy Sergey Maximov, the deputy chief of the transport complex development in the Novosibirsk region, the area of the first stage will total 6 thousand sq m. At the beginning the capacity of the t...
Evergreen Group is planning to build a shipyard in mainland China, reports Fairplay. The yard will be built in Quanzhou in Fujian Province and will benefit from provincial government funding. The cost of the project is not announced. It is expected that yard will initially have a building dock large enough for 350,000-dwt ships and will be ready 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
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