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THE Saldanha, a 38,000-ton Panamax bulker, taken by pirates in the Gulf of Aden, remained on-hire for its period of detention, said a London high court recently. The court judgment addressed the charter party implications of piracy and provided guidance on an "issue of great relevance to owners and charterers alike," it said in a company statement. ...
MUMBAI's Jawaharlal Nehru Port (JNPT) shippers has been subject to additional congestion surcharges charges on import containers as more carriers demand US$150 per TEU and $300 per FEU compensation for delays brought about by rising volumes beyond the port's ability to cope. New carrier surcharges come from Hong Kong's Orient Overseas Container Line ...
GREEK carrier Paragon Shipping Inc, mostly in the drybulk market, has sold one of its newbuilding Kamsarmax contracts and entered into agreements to acquire two 3,400-TEU new containerships from Germany's Howardtwerke-Deutsche Weft at EUR40 million per vessel (US$49 million). "We have taken advantage of favourable conditions in the sale and purchase ma...
JULY is fast shaping up to become a bumper month for containership deliveries, says Paris-based maritime consultancy Alphaliner. More than 200,000 TEU in new capacity is expected before August month, highest level of monthly deliveries on record with the first two weeks of July producing 17 cellular ships. Among them are five 10,000-TEU plus ships. ...
Hanoi: Financially troubled Vietnam Shipbuilding Industry Group has been forced to hand over Dung Quat shipyard to PetroVietnam where it is building aframax tankers for the state oil and gas firm. Dung Quat Shipyard, with the capacity to build very large crude carriers, started operations in 2006 but is yet to deliver a single vessel. The yard is the first ...
Taipei: Taiwan's Evergreen Group will order 10 ships from the island's leading shipyard for US$1.03bn, powering ahead with a plan to more than double its container fleet, a report said Monday. Tang Tay-ping, president of CSBC Corp, Taiwan, told the Taipei-based Commercial Times that his company was expected to obtain the order before the end of this m...
THE Royal Malaysian Navy's (RMN) second Scorpene submarine, the KD Tun Razak, reached Malaysia's Lumut naval base recently after a 64-day voyage from its designers in the south of France. The contract between the Malaysian government and French naval armaments manufacturer DCNS (Direction des Constructions Navales Services) for two Scorpene subs was s...
SNCF Geodis boss Pierre Blayau has slammed French shipper groups that claim their supply chains will be severely impacted by Fret SNCF's major cutback in its single-wagon services and increased rates. "This is a shocking attitude for shippers to take and it implies that SNCF is not a business, that rail transport is not a commercial activity and that 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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