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MAERSK has announced a US$90 rate increase per TEU and $100 per FEU and 40-foot high-cube and 45-foot high-cube for cargo moving from the US to the Far East from November 1. Maersk's Far East services include routes to Brunei, Cambodia, China, Hong Kong, Indonesia, Japan, South Korea, Laos, Macau, Malaysia, Philippines, Singapore, Taiwan, Thailand, Eas...
Perth: Australia’s Fortescue Metals Group (FMG) has settled its final shipping dispute with Armada (Singapore). FMG terminated a five-year contract of affreightment (COA) with Armada in January last year. The Singapore company took the case to arbitration claiming damages in excess of $70m, FMG offered to settle for $4m. Armada rejected the offer and ...
Hong Kong: APL has become the latest shipping line to say it will switch to using low sulphur fuel while in Hong Kong harbour. The line said it would be using low sulphur fuel on its 85 ships a week that call in Hong Kong and this would reduce sulphur dioxide emissions by 87%. “We have a large presence in Hong Kong and with that comes the responsibili...
Batam: Drydocks World Southeast Asia has inked contracts for a quartet of platform supply vessels (PSVs) from Tidewater. The four 3,200 dwt PSVs are to be built at Drydocks World in Batam, Indonesia, with a total order value of $100m. Tidewater also signed for options for a further four newbuildings at the Indonesian yard. “Including this new construc...
Singapore: Wärtsilä and Ecospec have signed an agreement to work together on developing clean power solutions. Under the memorandum of understanding, Wärtsilä is responsible for integrating Ecospec’s CSNOx system, an emissions abatement technology, into various engine applications. This includes the engineering, installation, super...
Singapore: Atwood Oceanics Pacific has opted for PPL Shipyard for jack-up rig orders worth close to $1bn. The unit of Sembcorp Marine is to build a pair of jack-up rigs $364m for Atwood Oceanics. The rigs are due to be delivered on September 30 and December 31 of 2012. “We look forward to expanding our high-specification jack-up fleet with these Pacif...
DUBAI Customs managed to foil two separate shipments to smuggle three kilograms of opium from an Arab country on transit to Canada via the United Kingdom within two parcels of winter coats and children's clothes at the Dubai Cargo Village (DCV). The two parcels of opium, weighting two kilogram and one kilogram were detected by X-ray and then manually b...
THE Singapore Maritime Institute (MI) will be established soon to support the growth of the Lion City as an international maritime centre, it has been announced. "It will drive research and development in green shipping, maritime logistics and operations, as well as marine and offshore engineering," said Defence Minister Teo Chee Hean, who also serves a...
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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