Media
Media
FREIGHT forwarder Panalpina has agreed to pay the US government US$375,000 to settle allegations that the company bribed employees of a customer to swing business their way. The settlement resolves allegations that Panalpina provided kickbacks in the form of meals, drinks and tickets to sports events and golf outings to employees in construction firm Ke...
SINOTRANS SHIPPING and its subsidiaries have reported a net profit of US$58.5 million for the first half ended June 30, 2010, down 8.7 per cent from $64.06 million last year, mainly because of declining interest income. The group posted $133.71 million in revenues in the first half, an increase of 11.9 per cent year on year. Operating profit rose 0.02 p...
The Malta Shortsea Promotion Centre, which was launched in November 2006 as the focal point for promoting and improving multimodal transport initiatives in Malta, is working to be the central source for the collation and dissemination of information, knowledge and education on shortsea activity in Malta. Shortsea shipping is the modern alternative of road h...
It is reported that Chinese container shipping company, Grand China Logistics Holding Co Ltd was approved by the National Development and Reform Commission to acquire parts of stakes from a Norwegian shipping company. According to the NDRC Grand China expects the share to be at least 50% and hopes to get involved into transporting special equipment, like dr...
The shipping industry, which is closely related to foreign trade, has become a new field for Ningbo companies to invest in. The city's economic and trade bureaus says during the first six months of the year, Ningbo-based companies has invested 80.6 million USD on purchasing foreign operating vessels, which accounts for 1/5 of all the investment made overse...
Hanoi: Vietnam's Communist Party pledged to rescue the ailing Vietnam Shipbuilding Industry Group (Vinashin) to shore up the country's maritime industry, state media reported Monday. "The Politburo has asked the group to be restructured immediately to focus on shipbuilding and repairs, and improving workers' skills," the state-run newspaper Vietnam N...
Hong Kong: Sinotans Shipping, the dry-bulk arm of China’s third-largest shipping group, said first-half profit fell 8.7 percent, mainly on reduced interest income. Net income fell to $58.5 million, or 1.46 cents a share, from $64 million, or 1.6 cents, a year earlier, the company said in a Hong Kong stock exchange statement yesterday. Sales rose 12 ...
COSCO has accepted delivery of its newest containership in Shanghai, the 5,100-TEU Tian Fu He. The 294-metre long and 32-metre wide vessel is the 12th ship built for Cosco by Shanghai's Jiangnan Changxing Heavy Industry. It will now enter into the transpacific service. (Source:www.schednet.com)
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