JAPAN's NYK Group has provided donations totalling JPY4.8 million (US$52,400) to the victims of the earthquake that occurred in China's Qinghai province on April 14 with donations, matched by the company, made through the Red Cross from executives and employees of the NYK Group in Japan and NYK overseas offices and branches in East Asia including China, T...
DANISH container giant AP Moller-Maersk has sold its United Kingdom Netto Foodstores which numbers 193 outlets, to Wal-Mart unit Asda Stores Ltd for GBP778 million (US$1.1 billion). The UK chain was considered "profitable" by the shipping retail arm Dansk Supermarked A/S, but "an ideal purchaser" like Asda allows the company a chance to focus developmen...
GENEVA's Mediterranean Shipping Company (MSC) has removed three containerships, the MSC Iris, MSC Maria and the MSC Malin, from calls at the First Container Terminal in St Petersburg in Russia. In future, only the MSC Hina will call at the terminal, but the Barmbek will continue to act as an additional vessel on the service, reports SeaNews News Agency...
DANISH shipping giant Maersk is offering paid-for priority loading to ensure containers are loaded on the shipper's vessel of choice, reports London's International Freighting Weekly. Maersk has been testing the system since December, and says customers like it because it delivers nearly 100 per cent reliability. In the event of rollovers, Maersk refu...
Seaspan Corporation accepted delivery of the Calicanto Bridge from Jiangsu Yangzijiang Shipbuilding Co., Ltd. on May 28, 2010. The 2500 TEU containership is Seaspan's eighth delivery in 2010, expanding the company's operating fleet to 50 vessels. Kawasaki Kisen Kaisha Ltd. ("K-Line") of Japan accepted delivery of the Calicanto Bridge on May 30, 2010. ...
On 29 May 2010, the Forum on the theme of "1990-2010: Review and Outlook of the 20 Years Development of China Stock Market" was grandly held in Beijing. The forum was co-organized by 12 organizations including the China Center for Market Value Management, China Securities Journal, Shanghai Securities News, China Securities Times and CCTV, etc. Chi...
Hanjin Shipping signed a 15-year Consecutive Voyage Contract (CVC) with Korea Midland Power (KOMIPO) after the bidding, which took place back on May 7th. According to Hanjin Shipping, a cape-size vessel will be deployed in the transportation of approximately 1 million tons of soft coal annually starting from the 3rd quarter this year to the 3rd quarter ...
Georgia is poised to create jobs on the strength of its transportation and logistics infrastructure, policies and strategic efforts, a new study of the business climate for each of the 50 states said, the Atlanta Journal reported. In Enterprising States, the US Chamber of Commerce lauded Georgia as "a top performer in infrastructure measures." It no...
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