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China Ocean Shipping Co. (COSCO) has given up on its bid to undertake an integrated shipbuilding and international logistics project in Sangley Point in Cavite at an estimated cost of $5 billion. “Yes, we gave up our original plan,” COSCO Group president Capt. Wei Jiafu told reporters at the sidelines of the 10th World Chinese Entrepreneurship ...
Sea Transport Solutions, Australian Shipbuilding Company, will build new tank landing ships for royal fleet in Australia, stated Transport business with reference to Australian mass-media. New SLV vessel, designed by Sea Transport Solutions, will change old ships. Maximum SLV vessel capacity is 400 tons, average speed with full load is 12 knots. Vessel di...
Khalifa Bin Salman Port (KBSP), Bahrain's new port which started operations this April, has registered a 17.3 per cent increase in its general cargo throughput over the same period in 2008, according to General Organisation of Sea Ports (GOP). The new port occupies an area of 110 hectares of reclaimed land and is located on the north-east of the Kingdom, o...
Adani Group arm Mundra Port and SEZ will develop non-LNG port facilities at Hazira in South Gujarat, the Economic Times reported. The group will commission 13 berths for bulk cargo and containers that will be developed in phased manner. Industry sources estimates MPSEZ to invest around $171.8 million in the first phase. Hazira Port, a 74:26 joint venture ...
MARSEILLES' CMA CGM, will overhaul its US east coast Liberty Bridge service on December 1 and will revise its north Europe-Montreal St Laurent services on December 26 with Maersk participation. "Reorganisation of these two key services strengthens our transatlantic market coverage and enhances the quality and reliability of our services," said North Amer...
Container moves have increased at Port of Wilmington by 28 per cent since the arrival of new shipping lines, signalling early recovery, says North Carolina State Ports Authority CEO Thomas Eager. In his State of Ports address, Mr Eager said overall general cargo volume dropped from weakening construction and the auto trade, according to an ABC TV news r...
Hyundai Heavy Industries has named vice presidents Oh Byun-wook and Lee Jae-sung as new joint-CEOs, replacing Choi Kil-seon. Under the personnel shakeup, the plant- and offshore-related expert Oh and the financial specialist Lee will jointly lead the world's biggest shipbuilder, a company spokesman told the Korea Times Thursday. "Taking full responsib...
Container traffic at major ports in India fell 6 percent in the April-October period, the first seven months of fiscal 2009-10, despite a 3.6-percent increase in overall tonnage. The country’s 12 gateway hubs handled 3.9 million 20-foot equivalent units compared with 4.1 million TEUs during the same period the previous fiscal year, the Indian Ports A...
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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