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JAPAN's Mitsui OSK Lines (MOL) is back in the black, declaring a fiscal first quarter profit of JPY20.8 billion (US$235.3 million) after last year's quarterly loss of JYP13 billion. This year's April 1 to June 30 first quarter profit was drawn on revenues of JPY396.9 billion against last year's quarterly sales of JPY297.4 billion, an increase of 33 ...
JAPANESE shipping giant "K" Line is back in the black, declaring a first quarter fiscal profit of JPY15.8 billion (US$178.6 million) against last year's quarterly loss of JPY14.8 billion. This year's April 1 to June 30 first quarter profit was drawn on revenues of JPY253.7 billion against last year's quarterly sales of JPY191.9 billion, an increase o...
Keppel Singmarine has delivered its third multi-purpose supply and support vessel to Greatship Global Offshore Services. The 94-metre long vessel is capable of supporting offshore exploration, production and subsea construction activities. Named Greatship Mamta, Keppel Singmarine said it was built to meet stringent standards of safety and stability....
The Norisky Nickel flagship of Norilsk Nickel JSC called and offloaded today at the Port of Rotterdam its first million ton the vessel has transported since her launch in April 2006, the company press release said. The diesel-powered Monchegorsk ship, launched two years ago, also has carried 453.500 tons of cargo, in 49 voyages. Overall, since 2006 ...
Tokyo: Mitsui O.S.K. Lines (MOL) reports that its VLCC M. STAR suffered hull damage caused by an explosion 'which seemed to be an attack from external sources' while west of the Strait of Hormuz at 26º27’ N 56º14’ E (Oman territorial waters) at about 00:30 local time this morning. The degree and details of hull damage are c...
TRANSCONTAINER posted first half net profit under Russian accounting standards (RAS) of RUB67.6 million (US$2.23 million), three times as much as that earned in the same period of 2009, said the Russian Transport Daily Report. First half revenues amounted to RUB9.7 billion, an increase of 26.9 per cent compared to the same period in 2009. Sale profit to...
FAR EASTERN SHIPPING CO (Fesco) has sold its 50 per cent stake in the National Container Company (NCC) to "the company, which is founded and headed by Andrey Kobzar, long-time partner of First Quantum Group" for US$900 million, according to Fesco and First Quantum oil trader, which owns half of NCC. "Fesco and First Quantum have announced that a dispute...
GERMANY still commands the largest share of the world's containership fleet despite being the largest group of sellers in the market. "This is due to the continued delivery of new ships to German owners with some German owners also still active in the resale market. Japan's, Denmark's and Taiwan's shares dropped during the period," said Alphaliner. ...
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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