Media
Media
TIANJIN International Trade and Shipping Service Centre recently released the Tianjin Shipping Index (TSI), a comprehensive index reflecting the fluctuation of the northern China shipping market, Xinhua reported. TSI is jointly developed by the Tianjin International Trade and Shipping Service Centre, Tianjin Port Group and Nankai University. TSI will in...
The level of the water in the St. Lawrence River has risen from last summer’s lows, enabling container ships to carry more cargo into the Port of Montreal. Mediterranean Shipping Co. and OOCL announced separately they will cancel the low-water surcharges they imposed last summer. OOCL, which started imposing low-water surcharge of $75 per 20-f...
India and Pakistan have begun operating their revised shipping protocol, which was enacted way back in December 2006 replacing the earlier 1975 pact, by initiating cargo services between Mumbai and Karachi ports, reported India Public Sector News. The state-run India's public sector maritime major Shipping Corporation of India (SCI) has begun container...
Dhaka: Bangladesh will establish a special shipbuilding zone to promote the export-oriented shipbuilding sector with the aim of earning $5 billion a year from exports by 2015, said officials. The Export Promotion Bureau (EPB), which is leading the plan, is now in talks with top shipbuilding entrepreneurs in the country, they said. "We plan to establ...
Seoul: Hyundai Merchant Marine announced its earnings guidance for the third quarter, saying it expects to report a record operating profit of 297.6 billion won ($263.3 million). HMM also said it expects sales to reach 2.2 trillion won during the same period. The figures represent a huge swing for the company. Year-on-year operating profit jumped from a...
Hong Kong: Jiangsu Rongsheng Heavy Industries Group Co, a privately-owned Chinese shipbuilder, received approval for its $1.2bn-$1.5bn initial public offering from the Hong Kong stock exchange on Thursday, a person familiar with the situation said Friday. The company will start pre-marketing this week, the person said. Typically, a roadshow will begin t...
INTTRA, a provider of e-commerce solutions for the ocean freight industry, has been granted US Patent for several of its products and services, including multi-carrier track and trace and booking functionality. These newly issued US patents are part of INTTRA's international patent portfolio. "Standards and patent protected technology, as a foundation ...
HAPAG-LLOYD is switch from the Shenzhen terminal Chiwan to the neighbouring one at Yantian on its Australia Service South Loop (AAS) becomes effective November 6, reports Compair Data. The port rotation for a multi-carrier loop serviced by APL, Evergreen, Hyundai Merchant Marine and Maersk will run through Kaohsiung, Shenzhen-Yantian, Hong Kong, Melbour...
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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