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CSAV will launch a new joint service with CMA CGM and China Shipping consisting of two slings between the East Coast of South America, South Africa and Asia. Eleven vessels of 6,500 TEU each will be deployed on the first string with six operated by CSAV. The port rotation for this is Pusan, Shanghai, Ningbo, Chiwan, Hong Kong, Port Kelang, Rio de Janeiro,...
Rumania-based Daewoo Mangalia Heavy Industries,an affiliate of Korea's Daewoo Shipbuilding & Marine Engineering, has received a US$400 million contract for building four 9,000 TEU vessels. Israel shipowner Ofer Global Holdings signed the contract with the shipyard in Bucharesy. The ships will be delivered in about two years' time from the contract...
CSAV, CMA CGM and China Shipping are teaming up to launch a new weekly service with two slings between the East Coast of South America, South Africa and Asia, the Journal of Commerce reported. The three carriers will deploy a total of 21 vessels in two port rotations. CSAV will provide 10 of the ships on the two slings. Sling 1 will consist of 11 vessel...
Farstad Shipping ASA has, through its wholly owned subsidiary in Norway, declared its options for building two platform supply vessels (PSV) at STX OSV. One of the vessels will be built at the STX shipyard in Vietnam and one at the STX yard in Tomrefjord, Norway (Langsten), MarineLog reported. The newbuilds are part of Farstad Shipping's continuous fleet...
STX OSV has secured contracts worth NOK600m ($109.1m) from Farstad Shipping to build two platform supply vessels (PSVs). The South Korea-based shipbuilder will deliver the two PSVs from STX OSV Langsten in Norway and STX OSV Vung Tau in Vietnam in the first-half of 2013. The overall length of each vessel will be 81.7 metres with a deck area of approximately...
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Indonesia's shipbuilder PT Dok & Perkapalan Kodja Bahari (DKB) will jointly build a shipyard in Batam Island, Indonesia. The yard will be built on a 40-hectare site on the island, according to Amir Sambodo, special staff of Indonesia's coordinating minister for economic affairs, sp...
Swee Joo and its subsidiary Asia Bulkers have on Friday, together with eight other plaintiffs, served a writ of summons and injunctions to a bank with regards to a term loan of RM120m ($39.9m). The other plaintiffs are shareholders and directors of Swee Joo. “The suit is claiming for declaratory orders and injunctive relief against the defendant (Kena...
Mitsui O.S.K. Lines (MOL) was fined $1.2m by the Federal Maritime Commission for violating several provisions of the Shipping Act, the commission unveiled Thursday. Under a concluded compromise agreement, Tokyo-based MOL has paid the civil penalties but it did not admit to violations of the act or the commission's regulations. The Washington-based independ...
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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