Media
Media
RUSSIA's Far East Shipping Company has bought a 12.5 per cent stake in the Russian Railways unit TransContainer for US$138.9 million as part of an objective to securing a controlling interest and with it, 50 per cent of the country's container rail sector. Fesco's sale of its container terminals signalled an exit from port operations in August sale o...
Mumbai: MISC Berhad is lookin g to grow its liner division next year with a specific focus on India. "We are expanding in key strategic markets and will focus more on intra-Asian trade, India and China." "Freight is growing in this region.We will be looking more to the Indian sub-continent as well," Baharuddin Arbak, MISC vice-president (Liner Busin...
Seoul: South Korean shipbuilders are likely to be outpaced this year by Chinese competitors for the first time. According to Clarkson Research Services, a London-based market researcher, the total completed shipbuilding volume of Korean shipyards stood at 13.36m compensated gross tons in the first 10 months of the year, compared to Chinese firms' 14.8m...
NOVOSHIP's 47,000-ton tanker, the NS Spirit, has been boarded by Nigerian pirates, 55 kilometres off Lagos, reports the Moscow Times. Ten armed men opened fire with automatic weapons on the ship, said a Novoship's statement. A crewman, possibly the ship's captain, was injured and hospitalised while the rest of the crew hid themselves until the pirate...
A SUICIDE bomb attack on MOL's 314,016-ton M Star in the Strait of Hormuz off Oman, has been confirmed by the US Department of Transportation as being the work of Al Qaeda franchise Abdullah Azzam Brigades, which originally claimed responsibility, but whose claims were doubted. The July 28 explosion inflicted hull damage, killed the bomber and slightly...
THE Dutch-based action group TGAV voiced its concerns on toxic gases posing substantial health risk to workers unaware of harmful gases and vapours created from by-products of manufacturing on goods such as the glue used in sports shoes. "After a three-week sea journey from China, for instance Europe, the concentration of gases and vapours can reach con...
NYK Logistics (UK) LTD has commenced a new less than container load (LCL) service from south east Asia to the UK. The weekly service utilises NYK's in-house non vessel-operating common carrier (NVOCC), Double Wing Express to collect from Hong Kong, Shanghai and Singapore's feeder ports and uses Southampton as its port of entry. Onwards distribution is...
TAIPEI's Evergreen Marine, Taiwan's largest container shipping company, has announced it will launch a vessel sharing service with Singapore-based MCC Transport on a Malaysia-Bangladesh route from December 16. The Malaysia-Bangladesh Shuttle (MBS) will run from Tanjung Pelepas in Malaysia to Chittagong and back on a 14-day rotation, with each deployin...
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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