Media
Media
"K" LINE (Kawasaki Kisen Kaisha) has appointed its vice president Jiro Asakura as president and CEO of the group following the resignation and departure of Kenichi Kuroya last week. A year after graduating from a law degree from Kobe University in 1973, Mr Asakura joined "K" Line and a decade later moved to its Hong Kong office. He was general manager for...
MANILA's International Container Terminal Services Inc (ICTSI) has reported a net profit increase of 25 per cent year on year of US$28.5 million in the first quarter of 2011, drawn on revenue of $154.9 million, gains attributed to international trade recovery. Volume increased 1.2 million TEU, up 22 per cent increase year on year. This was attributed to ...
SINGAPORE's Neptune Orient Lines (NOL) has reported a first quarter 2011 net loss of US$10 million, greatly narrowing the $98 million net loss made in same period last year. NOL said first quarter 2011 revenue was $2.4 billion, up 16 per cent from a year ago. First quarter pre-tax profit (EBIT) was $13 million against a corresponding $74 million loss in ...
CSSC Guangzhou Longxue Shipbuilding has signed a contract with compatriot Shanghai NorthSea Shipping to build a new 115,000-dwt tanker. Newbuilding price and delivery schedule are yet to be revealed. The shipbuilder developed the design of this ship type by itself. The order is the first for this ship type, one Longxue is confident will become po...
Germanischer Lloyd (GL) has for nearly 35 years used its technical expertise and knowledge to serve the Korean shipbuilding community. A recently-launched Korean language sub-site, hopes to further strengthen that connection by providing clients in Korea with the latest updates on GL's classification and maritime services. The new website serves as a pla...
Hanjin Shipping, South Korea's biggest container carrier by sales, posted a net loss in the first quarter, though narrower than a year earlier, as a substantial rise in bunker prices combined with declining European freight rates cut into profitability. Hanjin Shipping's net losses narrowed to US$99.7 million for the three months ended March 31 from $116....
Hanjin Shipping, South Korea's biggest container carrier by sales, posted a net loss in the first quarter, though narrower than a year earlier, as a substantial rise in bunker-C oil prices cut into profitability, reported Dow Jones Newswires. "The company also got a heavy blow from a decline in freight rates on European routes and higher operational cost...
The world's largest container shipping company A P Moller-Maersk will go full steam ahead with large investments to generate focused future growth, even though tougher shipping conditions are shaping up for the quarters to come, its chief executive said. "We will also continue to streamline our costs side, but we are poised to invest in growth now. This ...
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