Media
Media
Dubai: Gulf Navigation is looking to buy one or two more large tankers to add to its existing 300,000dwt VLCC, Gulf Sheba, which it bought for $110 m in 2007. ‘We would like to purchase a VLCC,’ confirms Per Wistoft, ceo of Gulf Navigation Holding, ‘and are actively searching for that and in constant contact with shipyards in Korea, Japan ...
Maersk Line, the world's largest container vessel operator, said it was cautiously optimistic about demand for container goods next year, reported the Manila Bulletin. Rates to carry containers are "pretty much back to where we were before" the slowdown in 2008, Tim Smith, chief executive officer for the Copenhagen-based shipping line's North Asia reg...
Shanghai: Datang Shipping, an offshoot of one of China’s largest energy producers, has signed an agreement with sister firm Datang Finance to secure CNY280m ($41m) for a ship expansion programme. Under the 15-year agreement, Datang Finance will buy two 45,000dwt cargo carriers and two 76,000dwt cargo carriers. The vessels, to be constructed at CSSC Ch...
DENMARK's Maersk Line is dropping the port call at Mobile, Alabama, from its Transatlantic TA-2 service, starting from the end of September until early next year. Service to Mobile will be provided via inland transport only during this period. APL and HMM services to Mobile will also be affected as these carriers slot on the TA-2, reports Alphaliner. ...
GENEVA's Mediterranean Shipping Company (MSC) has launched a direct Med-US west coast service, created by merging two separate relay services, the Panama-Med service and the Balboa-USWC Puma service into one. The newly merged service is being branded the California Express, which will be operated with eight 2,500- to 4,200-TEU ships. The California...
LONDON's Drewry Shipping Consultants predict reefer trades will make a "robust recovery" in the next few years resulting in a "modal war" between breakbulk ships and containerships, reports American Shipper. Drewry said in their recent reefer study that in mid-2010 there were 727 breakbulk reefer ships with more than 100,000 cubic feet, a 17 per cent r...
THE freshly minted Container Freight Derivatives Association (CFDA), marketing their new-concept box swaps, have declared that five container lines have shown "strong interest" though only Chile's CSAV has admitted to buying any while other shipping lines have spoken against them. Another swap buyer, London shipping consultant and the world's biggest ...
FIRM orders for new container ships total 55, adding 306,000 TEU to the global fleet since January. "The rise in ordering activity reflects growing optimism about longer term prospects for the container shipping sector as both carriers and non-operating owners have returned to shipyards for new tonnage," said an Alphaliner report. "However, the orde...
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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