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Vietnam: Mitsubishi Heavy Industries and Bach Dang Shipyard have opened a joint venture ship engine manufacturing plant in Vietnam. The factory in Haiphong will produce 22 engines a year with power capacity of between 2,600 kilowatts and 23,500 kilowatts according to Vietnam’s Ministry of Transport. It is the first engine plant to open in Vietnam as t...
Hong Kong: Titan Petrochemicals has warned it will report substantial losses for 2009 due to the drop in shipbuilding activity and low demand for its single-hulled tanker fleet. In the first half of the year the Titan lost HK$53.4m ($6.8m) and the company warned its operating performance for the second half of 2009 would reflect a further deterioration in i...
Subic Bay: Hanjin Heavy Industries & Construction’s Subic Bay yard is to start work on its first capsize vessels. With the expansion of the yard’s facilities to a capacity of 450,000 tonnes it is to start work on a parir of 180,000 dwt capesize bulkers Hsin Chien Marine the first of which is due for delivery in September this year. The shipb...
A frantic rush of outbound shipments has hit China’s busiest port, Shanghai, on the eve of Chinese New Year following an unexpected spike in export orders, the China Daily reported. "The outgoing vessels that mainly head for Europe and America have been over-booked since last December in Shanghai," said Michelle Wang, deputy general manager of the o...
Crew members of 12 Kamchatka long-liners announced they had began from February 11th, an indefinite picketing of the Petropavlovsk-Kamchatsky public office of Vladimir Putin and his "United Russia" party, Interfax reports. The fishermen demand a permission to resume fishing. The fishermen had long petitioned and demanded the fishing boats be transferred t...
Ministry of Transport of Ukraine has introduced discounts to the boundary flat rate for loading and unloading of 10 categories transit commodities at Ust-Dunaisk Commercial Sea Port (Odessa region) effective before April 1st, 2010, “The Transport Business” reports. The order of Ministry of Transport (N 6 of January 14th imposed several discoun...
JOINT Base Balad in Iraq has commenced operations of its newly relocated container repair yard (CRY), which is four times larger than the facility it replaces, thereby providing greater storage space and production capabilities. The new box repair yard is intended to meet steadily growing demand for transportation worthy containers, which has risen from c...
CANADIAN National Railway has announced it plans to establish a new C$100 million (US$93.4 million) CN Calgary Logistics Park near the airport at Conrich, located in Rocky View County north east of Calgary. With the opening planned for 2013, most of CN's Calgary yard operations will shift to the new Logistics Park, said the CN statement. The 680-acre p...
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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