Shipping News

PIL, Wan Hai join others to expand Black Sea link December 16 Dec 8, 2010

PIL and Wan Hai will launch a joint weekly service linking China and south east Asia to the eastern Mediterranean and Black Sea with the December 16 sailing of the 2,732-TEU Kota Perwira to be followed by the Wan Hai 311, the Kota Kado and the Hammonia Tuetonica and four other ships. Called the Sino-Black Sea Service 2 by PIL (SB2/BSC), it will follow a...

Pirates hijack cargo ship with 25 people off IndiaDec 7, 2010

Suspected Somali pirates hijacked a Bangladeshi ship carrying nickel ore in the Arabian Sea and appear headed to the lawless East African nation, officials said Monday. The Bangladesh-flagged M.V. Jahan Moni appears to have been hijacked Sunday off the Indian coast as it was heading from Singapore to Europe, said Rear Adm. Bazlur Rahman, chief of the Ba...

Middle East supertanker rates rise 5.4%Dec 7, 2010

The cost of delivering Middle East crude oil to Asia, the world’s busiest route for supertankers, climbed for the first time in 10 sessions as demand for the vessels strengthened. Charter rates for very large crude carriers, or VLCCs, on the industry’s benchmark Saudi Arabia to Japan route advanced 5.4 percent to 58.24 Worldscale points, acc...

Shipping Corporation of India to spend $ 3 bn over next three years on...Dec 7, 2010

State-run Shipping Corporation of India (SCI) is looking to spend around USD 3 billion on expansion activities over the next three years. “We have chalked out our growth plans and will invest USD 1 billion every year for the next three years,” SCI Chairman and Managing Director S Hajara told PTI on the sidelines of a conference here. The...

MOL cuts debt as container shipping rebounds Dec 7, 2010

Mitsui OSK Lines (MOL) will reduce debt for the first time in four years as profit rises on increased demand to ship electronics and furniture to the US and Europe, reported the Manila Bulletin. Interest-bearing debt will drop to as low as US$9 billion)by the end of March, said Shugo Aoto, head of finance. MOL hasn't made a strategic investment thi...

Hopes fade for missing crew in rough South China SeaDec 7, 2010

Manila:  Coast guard rescuers from China, Taiwan and the Philippines battled rough seas and fierce wind Sunday to search for up to 10 crewmen from a cargo ship that sank Friday. At least 14 others have been rescued, officials said. The 27,996-ton Hong Wei sent a distress call that was picked up by the Japanese coast guard before sinking Friday in t...

MPA, Temasek Polytechnic launch maritime fuel study Dec 7, 2010

THE Maritime and Port Authority of Singapore (MPA) and Temasek Polytechnic (TP) jointly launched a new Maritime Fuel Cell Research Initiative through a Memorandum of Understanding (MOU) with research funding of US$6 million over three years. The aim of the MOU, signed by MPA chief executive Lam Yi Young and TP principal Boo Kheng Huaand is to seed and e...

Singapore Malaysia plan one-stop shopping customs station Dec 7, 2010

SINGAPORE Joint Ministerial Committee (JMC) for Iskandar Malaysia met for its seventh working meeting at the Johor State New Administration Centre Kota Iskandar, Nusajaya Johor to discuss progress in co-operation including a decision to set up a co-located customs facility. The meeting was co-chaired by the Malaysia Minister in the prime minister's off...

Go to Page Total Pages : 834Previous129130131132133134135Next
Dialogue

Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

Showcase
/en/recommendationcom/2010/12/1293679460_476965.gif

Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

  • Business Type:trans/forwarder
  • Country:China