TAIWAN's Yang Ming has joined South Korea's Hyundai Merchant Marine (HMM) following other carriers phasing out the provision of container chassis to trucker in the United States, the only country where liners have extended such services. HMM will withdraw its own chassis from the US east coast from November 1, which will expand to the rest of country ...
NYK Logistics North Continent recently launched a new LCL service between Hong Kong and Rotterdam, with onward distribution available throughout Europe and China. Through close cooperation with Double Wing Express - NYK's in-house NVOCC - the service is operated using direct sailings resulting in short transit times. NYK now provides customer...
The Indian shipbuilding industry currently accounts for about 1 per cent of the global shipbuilding market and is targeting a world share of 5 per cent by 2017, the union shipping minister said here on Tuesday. Addressing a Ports & Maritime Industry Seminar in Singapore, Shipping Minister G K Vasan said India’s high growth potential was due to...
Vietnam: Damen Shipyards in Vietnam has delivered newbuilding Multratug three to Multraship. The new vessel will embark on its delivery voyage from Vietnam to the Netherlands on Thursday. The tug has a maximum bollard pull of 94.7 tonnes, an overall length of 32.14 m, and a beam of 13.29 m, the vessel is capable of a speed of 14.3 knots. “Multratug 3 ...
Singapore: Singapore’s Otto Marine has continued to grow its seismic survey business with a new contract in Trinidad. Otto’s subsidiary Reflect Geogphysical has bagged a $9m contract with Niko Resources Trinidad and Tobago, to perform 3D seismic data acquisition in Trinidad. The Singapore offshore shipyard and vessel operator moved into the seis...
Tehran: Tensions in the Persian Gulf over Iran's nuclear programme are escalating over the issue of ship inspections. In an open letter to the New York Times dated September 16, the UAE's ambassador to the US, Yousef Al Otaiba said the UAE had "interdicted dozens of ships and inspected hundreds of shipments of Iran-bound cargos suspected of violating sanc...
Taipei: Evergreen Marine has placed a second $1bn boxship order at Samsung Heavy Industries (SHI). The Taiwanese line said it had contracted SHI to build ten 8,000 teu containerships at a cost of $1.03bn. The vessels will be delivered from 2013 and seven will be owned by Evergreen Marine and in Taiwan and three by Panama-registered Evergreen International. ...
THE world's idle containership fleet remained at 1.6 per cent, or 128 vessels totalling 224,000 TEU in late September, despite a slackening growth in demand in recent months, reported Alphaliner. Compared with the figures in mid-September, at 213,000 TEU or 1.5 per cent of the fleet, the Paris-based maritime research agency said the slight increase was...
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