Media
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THE World Customs Organisation (WCO) and The International Air Cargo Association (TIACA) have signed a Memorandum of Understanding to help identify how the air cargo industry can assist in priority customs objectives and to discuss how these can be best achieved with minimum disruption to commercial operations. The MoU was signed in Brussels by WCO secr...
VIETNAMESE Shipbuilding Industry Group (Vinashin Group) has been forced to abandon its liner shipping activities, including Bien Dong Shipping and Vinashin Lines, under terms of government restructuring to be finalised by September. Since its establishment in 2006, the group has grown to encompass up to 200 subsidiaries. Its predecessor, Vinashin, was e...
LONDON's Drewry Shipping Consultants said the industry will know more if the world recession is on the run in the next six weeks after the today's Asian cargo backlog has cleared. Nonetheless, Drewry upwardly revised its forecast of global container cargo growth more from 5.4 per cent to 8.5 per cent this year, though the good news came with a stark w...
EASTBOUND container volumes from the Europe to Asia posted the their first year-on-year decline in May - 6.3 per cent - a 1.1 per cent drop from April, reported the latest ELAA [European Liner Affairs Association] Newsletter. Overall the total volume of containers across all trades with Europe in May increased 16 per cent for imports and seven per cent ...
CPC Corp, Taiwan's state-owned oil company, and its partners in a shipping venture planned to commission the building of six crude oil tankers and one oil product carrier to replace existing vessels. The venture, in which the oil refiner will hold 48 per cent, may spend NT$30 billion (S$1.3 billion) on the vessels, CPC vice-president Lin Maw-wen said b...
Singamas Container Holdings, the world's second-largest container maker, has seen box manufacturing rebound to almost 2007 levels following the recent recovery in global trade volumes, reported the South China Morning Post. The Hong Kong-listed company said its 12 mainland factories were producing about 65,000 20-ft containers a month. This would give ...
South Korea's container cargo handling in June was the highest ever for the month of June, reported Maeil Business Newspaper. The Ministry of Land, Transport and Maritime Affairs (MLTM) said the throughput in June stood at 1.69 million TEUs, a 25.8 percent year-on-year increase, following a monthly high of 1.71 million TEUs in May. Thanks to growin...
Seoul: Maersk Tankers, Hyundai Heavy Industries (HHI) and Det Norske Veritas (DNV) have agreed to collaborate on the design and risk assessment of tankers for shipping CO2. Maersk Tankers is already in a partnership with Maersk Oil and Finnish utilities Fortum and Teollisuuden Voima (TVO), aimed at developing a joint carbon emissions abatement project in th...
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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