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HONG KONG's Singamas Container Holdings Ltd has reported a net profit of 137.2 per cent to US$10.19 million for the six months ending June 30, reversing a loss of $27.37 million a year earlier. The robust result was attributed to a dramatic upturn in demand for new containers amid improving global trade, Reuters reported. Moreover, the world's No ...
Keppel Shipyard has a bagged a S$50m modification contract for a floating production storage and offloading unit. The contract is for the modification of FPSO OSX-1 is owned by OSX 1 Leasing B.V. and includes procurement, detailed engineering and the modification of the topside process modules. Keppel Shipyard will work with BW Offshore, which will provide ...
Ocean World Lines (OWL), a global door-to-door and end-to-end NVOCC, announced today that it has promoted Eric Seamon to the position of vice president OWL Asia, effective immediately. Seamon brings more than 20 years of industry experience to the newly created position as OWL expands its presence in the region with offices in Hong Kong, Shanghai, and Q...
Japanese export ship orders increased 21.7 percent in July from a year earlier to 1,157,150 gross tons, according to figures released Thursday by the Japan Ship Exporters' Association. It was the slowest rate of growth in the eight consecutive months of recovery since ship orders fell for 15 months in a row during the great recession. Orders had more t...
Concordia Maritime reports a result after tax on SEK 43.8 million for the first six months of 2010, compared to 23.9 million the corresponding period last year. The company’s net turnover went down from 340 million to 240 million. EBITDA increased to 14.8 million, up from 11.4 million. Available liquid funds stand at SEK 709,7 million, up from 532,7 m...
Overseas Shipholding Group, Inc., a market leader providing global energy transportation services, announced yesterday that it has signed a new service agreement with Maersk Oil Qatar AS (MOQ) for the FSO Africa, a floating storage and offloading (FSO) service vessel. The duration of the contract is for three years beginning the end of August. The rate cons...
Hong Kong: At its interims on Friday one of the largest independent power producers in China, Datang International Power Generation Co, gave details of its diversification into shipping and shipbuilding. Jiangsu Datang Shipping Company Limited ("Datang Shipping Company"), in which the group holds 97.54% interest, actively commenced shipbuilding works in...
TAIWAN's Evergreen Marine Corporation has increased its container handling capacity to 615,000 TEU after leasing 15 vessels in the second quarter of the year, making the carrier the fourth largest in the world, according to Alphaliner. Yangming Marine Transport Corp. advanced one spot as the world's 16th largest shipping line with handling capacity re...
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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