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Seoul: Korea's Daewoo Shipbuilding & Marine Engineering has inked a letter of intent with Malaysia's tanker owner AET to build four 320,000 dwt very large crude carriers. The newbuilding price is thought to be $105m to $110m per ship for delivery in late 2012 and 2013. AET is now accelerating fleet expansion to have 150 tankers consisting of V...
MAJOR revisions to the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (the STCW Convention), and its associated code, have been adopted at the IMO Diplomatic Conference held in Manila. The amendments, to be known as "The Manila amendments to the STCW Convention and Code" are set to enter into force on Jan...
GLOBALLY piracy incident declined 20 per cent in the first half of 2010 year on year, and continues to be concentrated on the coast of Somali with 100 attacks against 196 worldwide with 27 hijackings according the International Maritime Board. Attacks decreased in Nigerian waters, but doubled in the South China Sea with Malaysia and Indonesia incidents ...
GENEVA-based Mediterranean Shipping Company will raise rates on shipments from the Far East to the Caribbean, the east coast of Central America, Colombia and Venezuela by US$600 per TEU, $750 per FEU and $850 per 40-foot high-cube. The rate increases take effect August 15 when peak season surcharges will be assessed on cargo from south east Asia to Aust...
Hamburg Sud plans to end its joint service with Zim Integrated Shipping Services from North Europe to Israel in October and launch its own independent service. The German carrier said it is still working out the details of the new service and will announce them when they are finalized. (Source:www.joc.com)
Traffic at China’s top ten container ports fell in June from the previous month amid doubts over the sustainability of the nation's export surge, according to a leading container shipping analyst. Throughput at the top ten ports, which account for the majority of China's exports and imports of containerized goods, fell by 1.9 percent in June to ...
The arrival of the CMA CGM ‘Christophe Colomb’ to DP World Southampton has marked a new historic milestone as the largest containership ever to call at the terminal. Part of the French Asia Line (FAL) 1 service, the 13,830 teu, 365.5 metre long vessel sailed into the port as part of a repositioning programme to the FAL 5 service. During her ...
APS Technology and Zebra Enterprise Solutions (ZES) have joined forces to implement an optical character recognition (OCR) portal and driver kiosks to automate container identification, damage inspection and truck processing for Gulf Stevedoring Contracting Company (GSCCO) at its Jeddah and Jubail container terminals. The integration of the APS Portal O...
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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