The extraordinary cold weather in northern China is creating navigational hazards as well as ensuring a huge crunch on the nation’s energy supplies. China may be forced to shut 11 percent of electricity generators connected to the nation’s main grid because of coal shortages, the Xinhua News Agency said this week. Expanding ice cover in Boha...
Cyprus and Israel yesterday entered a bilateral agreement for commercial shipping, writes the Financial Mirror. The agreement was signed in Nicosia, by Cyprus' Minister of Communications and Works Nicos Nicolaides and Israeli Deputy Prime Minister and Ministers of Foreign Affairs Avigdor Liberman, who is paying an official visit to Cyprus. The agreement,...
The Port of Tanjung Pelepas (PTP) recorded another year of growth in 2009. Chairman Datuk Mohd Sidik Shaik Osman said the port closed 2009 with a container throughput of 6m teu which was 7.5 per cent higher than 2008. "We are fortunate to be one of very few ports in the world which recorded an increase in container volume in 2009. "PTP managed to grow ...
Wilhelmsen Ships Service is supporting the work of the Nautical Technical Training Academy (NTTA) by providing a range of the company’s Unitor branded safety equipment including a brand new liferaft. The liferaft will be used in the academy’s crew training facility to teach the Basic Safety course. The NTTA, based in Groningen, Northern ...
The Port of Tianjin had handled 8.7 million TEU in 2009, up 2.4 per cent year on year, Logistics Week reported. At the meantime, the port's cumulative cargo tonnage exceeded 380 million tonnes, growing 6.7 per cent year on year. The port also recorded increases of more than five per cent in its domestic and foreign trade cargo volume during this period. ...
The latest Alphaliner newsletter highlights a distinct trend towards extra slow steaming by leading container liners. It writes, “Two high volume transpacific loops are to adopt extra slow steaming, the Maersk/MSC/CMA CGM 'TP-8/New Orient Express/Bohai' and the CMA CGM/MSC 'Pearl River Express' (PRX). Both loops are run with ships averaging 8,500 ...
Ports America and the Maryland Port Administration have closed on a previously announced 50-year lease and operating concession that includes construction of a new berth with 50-foot water depth at Baltimore’s Seagirt Marine Terminal. The Maryland Ports Administration announced the deal in November, pending approval of state authorities. The termina...
Big cost cuts and revived demand for steel helped push South Korean steel maker Posco's fourth-quarter net profit up 77%, and the steel giant forecast higher sales this year, suggesting a solid year ahead. However, the quarterly result came in below analysts expectations and wasn't enough to stop the company's full-year net profit from slipping as lowe...
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