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Antwerp Stevedoring International loaded breakbulk steel for Swedish steel manufacturer SSAB from its new all-weather terminal at the Port of Antwerp for the first time this week. The terminal can handle barges and vessels up to 9,500 deadweight tons in all weather. Loads can be transferred directly from ship to barge using a traveling ...
BOSTON—According to a new report from Aberdeen Group, during these times of economic uncertainty, companies are actively seeking best practices for reducing inventory holdings throughout their multi-tiered supply chain networks. In fact, reducing inventory is the top action companies have taken in response to the recession, as repo...
CHARLOTTE , N.C. —Maersk Line recently announced it will launch a program to change its U.S.-based fleet business model, which, it said, will result in environmental and safety benefits. Company officials said under the new plan Maersk will offer their chassis for use throughout the U.S. to draymen, ocean carriers, marine terminals ...
SAN FRANCISCO —Shippers in the U.S. mainland-Hawaii trade were told that a tentative labor agreement has been reached between ocean carrier Matson Navigation and its offshore unions. “We had been working faithfully toward this outcome all weekend,” said Matson spokesman, Jeff Hull. “Both sides were talking, and that&r...
Singapore-based marine fuel suipplier Chemoil founder Robert Chandran's family members are in talks to sell the 51% majority share in the company they inherited following his death in a helicopter crash last year. While the company has said it has held talks with multiple interested parties, it is reported that the sole remaining bidder is international ...
The International Maritime Bureau has issued an alert for ships travelling near Indonesia 's Mangkai Island in the South China Sea following a trio of attacks in as many days by what the IMB believes to be the same gang of 5-8 pirates armed with long knives and batons. In the most serious incident, the group tied up the master, second offi...
Germany's already insolvent Lindenau shipyard is close to collapse after the owner of the 43,550 dwt tanker newbuilding Seapike refused to accept delivery of the vessel, claiming that the view from the bridge over the bow of the ship was inadequate. The yard had already had to take out a Eur 28m loan to complete the vessel and if German Tanker S...
As Venezuela’s economic and political mood turns ugly, shipping interests must keep a sharp eye on the nationalisation threat to their assets. Michele Labrut reports Venezuelans have officially begun to tighten their belts. Their half-decade, crude-fuelled spending splurge is over. The International Monetary Fund now predicts that Venezue...
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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