Media
Media
ATHENS-based Box Ships Inc has taken delivery of the 6,589-TEU Maule, a containership built in 2010, by an unidentified third party. This vessel has a fixed rate period time charter of five years (with charter option of plus/minus 30 days) with CSAV Valparaiso Chile at a gross daily charter rate of US$38,000, a statement from the Greece-based internation...
COSCO has announced it will apply a peak season surcharge on the westbound trades of US$200 per TEU from the Far East (including Japan) and the Indian subcontinent to northern and western Europe and Mediterranean ports from June 1. The carrier also announced it would levy a US$200 per TEU war risk surcharge on cargo to Libya when service resumes there. C...
Rising fuel costs and soft trade during the Chinese New Year period sent Neptune Orient Lines (NOL) sailing into the red for the first quarter. The shipping giant posted a net loss of US$10 million for the period to April 8 - a sharp improvement on the US$98 million deficit recorded last year, although it still came after three consecutive profitable quar...
The Shipping Ministry has told PSA-Sical — the container terminal operator in Tuticorin port — that it is free to exit the terminal operations if it is unable to make profits by following the terms of the 1998 contract, reported The Hindu. PSA-Sical has been arguing that its operations will not be feasible if the tariffs at the terminal were t...
Import cargo volume at the nation's major retail container ports is forecast to level off this month at about the same numbers as last year after nearly 18 months of year-over-year gains, and is expected to remain steady into mid-summer before resuming gains, according to the monthly Global Port Tracker report released by the National Retail Federation and...
India is to invest USD 46.96 billion as part of moves to boost up its naval forces over the next 20 years adding 101 new warships, ranging from sophisticated destroyers to nuclear submarines, PTI reports. "Going by the investment value, India is expected to build sophisticated destroyers, new generation and new radar vessels, nuclear submarines, and amphi...
Dry bulk shipping firm Courage Marine has plunged into the red in the first quarter year-on-year due to continuing poor market conditions for dry bulk rates and lower fleet utilisation. The Singapore-listed firm announced net loss of $2.27m in the period ended 31 March 2011 compared to net profit of $3.58m in the previous quarter of 2010. Revenue also plumm...
Diana Shipping Inc., a global shipping transportation company specializing in dry bulk cargoes, today announced that it has agreed to purchase from an unaffiliated third party the MV “Corona”, a 2007 built Panamax dry bulk carrier of 73,593 dwt, for a price of US$29.99 million. The vessel, to be renamed “Arethusa”, is expected to be ...
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
qq.com