Shipping News

TS Lines, Gold Star launch China-Mideast loop November 27Nov 24, 2010

TWO Hong Kong carriers, TS Lines (TSL) and Gold Star Line, are to offer a joint China-Middle East service covering southeast region with first sailing offered by a 3,534-TEU ship from TSL on November 27. The new service calls at Xingang, Qingdao, Shanghai, Ningbo, Shenzhen-Shekou, Singapore, Port Kelang, Jebel Ali, Port Kelang and back to Xingang. Also,...

Pirates board Russian tanker off NigeriaNov 23, 2010

Pirates boarded a Russian oil tanker off the coast of Nigeria, wounding a crewman with gunfire before fleeing, the ship’s owner said. Ten gunmen boarded the NS Spirit near the port of Lagos at 1:49 a.m. Moscow time and fled after the shooting, OAO Novoship, a unit of state-run OAO Sovcomflot, said on its website today. None of the other 21 mem...

Shipping via Volgo-Baltic waterway up 10% to 18.4m tons Nov 23, 2010

The volume of freight carried on the Volga-Baltic Waterway during this year navigation rose 10% to 18,4 million versus 16,7 million a year earlier, said SBD Volga-Balt Vladimir Nikolayev at a press conference in St. Petersburg, PortNews correspondent reported.   According to Vladimir Nikolayev, the freight volume includes fuel oil, wood, metal, cons...

Brazil shipbuilding fund set to grant BRL13 bln financingNov 23, 2010

Brazil’s Merchant Marine Fund, part of the Transport Ministry, may approve 13 billion Brazilian reais ($7.6 billion) of financing for new shipbuilding projects at a meeting on Dec. 17, fund director Amaury Ferreira Pires Neto said. A total of 165 new shipbuilding projects will be considered for the funding, and these may be completed within the ne...

Ezra Holdings plans $130m fleet expansionNov 23, 2010

Offshore specialist Ezra Holdings plans to invest $130m in four additional platform supply vessels (PSVs). The Singapore company will acquire the four PSVs of up to 5,200 dwt over the next two years. “We are currently fortifying our key offshore support, deepwater subsea and engineering services units in preparation for our next leg of growth, which w...

Concern as India plans to open up coastal shipping to foreign competit...Nov 23, 2010

Domestic shipping lines are upset by the Government's move to open up coastal shipping to foreign competition, reported The Hindu. This is natural as they will now have to compete for the very cargo they have been carrying as their right for many years. Right now, the plan is to open up only container services, but clearly, the end of “cargo ...

Jiangsu container makers' exports surge 500pc in 10 months Nov 23, 2010

JIANGSU province's box makers exported 158,000 containers during the first 10 months of this year, a sharp increase of 500 per cent over the same period in 2009. Value of the output shot up 320 per cent to US$560 million. But the average price of them fell 30.6 per cent to $3,543, said Xinhua. Exports from provincial container manufacturers had bee...

Waterway use would ease traffic jams: Shanghai Shipping Exchange Nov 23, 2010

CHINA highway congestion is one result of inadequate land, rail and sea connections between ports, but could be eased greater use of waterways such as the Yangzte River system when rail is too expensive or unavailable, according to the Shanghai Shipping Exchange (SSE). Connectivity between ports by rail has been achieved in north east China in Dalian an...

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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.

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Qingdao Saint Voyage Log

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

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