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The Department for Transport in the UK has set up a Consultative Working Group to consider the impact of these Rules should the UK decide to sign the same and ultimately ratify them. According to law firm Pysden Solicitors the purpose of the Group is to obtain expert input in an attempt to reach some conclusions before the issue is put out for genera...
For the second quarter of 2009 (ended 30 June 2009), total volumes were 18.7% down on the same period last year. Total revenues decreased by 42.6% to US Dollars 869.6 million. With an 8% decrease in loadable capacity, the overall load factor was 9.5% lower than the same period in 2008. Overall average revenue per teu decreased by 29.4% compared to the seco...
Idle boxship capacity could hit 2m teu by the end of the year, or the start of 2010, according to forecasts from Alphaliner. Alphaliner said the number of idle containerships has fallen to 1.2m teu as of July 10 from a peak of 1.42m teu earlier in the year, however a glut of newbuildings to be delivered in the coming months are expected to push the ...
In the first half of 2009 stevedoring companies of the group “Sea Port of Saint-Petersburg” handled over 5.2 mln. of cargoes, which is by 5% less than the corresponding figures of the last year. The reduction of the cargo handling volumes of “Sea Port of Saint-Petersburg” is caused by the decrease of business activities of ...
On July 24, 2009 Yan Yanovsky, Managing Director and Member of the Boards of Directors of United Industrial Corporation (OPK) and B.T. Ahn, Executive vice-president of Hyundai Heavy Industries (HHI) made a contract for mutual shipbuilding cooperation. Main purpose of this protocol is to determine main tasks of cooperation, including deve...
In the first half of 2009, seaports of the North-West region of Russia handled 106.7 million tonnes of cargo (+2.1%, year-on-year). According to Association of Sea Commercial Ports (ASOP) transshipment of dry cargo amounted to 35.6 million tonnes (-16.6%, year-on-year) while transshipment of liquid bulk cargo increased by 15% to 71.1 million tonnes.&nb...
Russian President Dmitry Medvedev has called for creating an international court to try sea pirates and assured that Russia will continue to participate in international efforts to fight piracy, Itar-Tass reports. “This may be an international court or ad hoc court, but this would be a right step,” he said meeting with seafarers in R...
St. Petersburg and the Leningrad region are to be integrated as a single transport hub, PortNews IAA reporter cites Sergei Naryshkin, head of the RF President's Administration as saying at the meeting of the Marine Council of St. Petersburg Government. According to Naryshkin, RF Ministry of Transport is currently elaborating the draft project of a unifie...
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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