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SINGAPORE's AVEVA Group plc, a provider of engineering design and information management solutions for the marine industry, has extended its association with Jurong Shipyard after Jurong selected AVEVA Marine (12 Series) as engineering and design partners on marine and offshore projects. This comes as Jurong Shipyard, a unit of Sembcorp Marine, decided...
BACK from the brink of collapse, Chilean containership company CSAV has achieved a profit in the first half of 2010 driven by rising volumes and freight rates. The shipping line reversed a loss of US$402 million in the first six months of 2009 to register a net profit of $37 million in the first half of this year. The company said that it made a pro...
Todd Shipyards Corp. (TOD) reported net income for the first quarter of $2.6 million or $0.44 per share, compared to $1.5 million or $0.26 per share for the year-ago quarter. Revenue for the first quarter rose 103% to $70.21 million from $34.64 million in the prior year quarter, mainly due to higher volumes of Coast Guard and Navy vessel maintenance and...
Carnival Corporation & plc has ordered a 71,300-ton cruise ship for its AIDA Cruises brand, which caters exclusively to the German-speaking market. The newbuild order is subject to financing and other customary closing conditions. It marks the seventh new ship that the German cruise operator has ordered in the past six years. The 2,192-passenger ...
OOCL has announced the introduction of the new Atlantic Express Shuttle (AES) offering a weekly sprint service between Antwerp in Belgium, and New York. “This service will complement OOCL existing services and provide additional capacity to meet increased customer demand,” said the company in a statement. Service will commence from Antwe...
China recorded a 87.4 percent year-on-year surge in completed shipbuilding volume to 35.2 million deadweight tons (DWT) in the first seven months of 2010, reports Secutimes.com, citing the Ministry of Industry and Information Technology (MIIT). New orders received by domestic shipbuilders in the first seven months totaled 33.32 million DWT, 4.2 times ...
CMA CGM regarding a possible saving by the Belgian financier have been stopped. This is according to sources close to the case. The discussions were stopped because of the rights required by Frère as the future new shareholder. It is not clear whether the discussions are definitely off. According to a spokesman of CMA CGM, one of the largest cont...
MAERSK's forwarding arm, Damco, has been selected as a logistics provider for Barry Callebaut, one of Ghana's leading cocoa producers, which exports 2,500 TEU annually to Europe, the US and Asia. Under the agreement, Damco will provide trucking, customs clearance and air freight services. With the winning of the Barry Callebaut deal, Damco now manages...
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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