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NORTH EASTERN China's hinterland province Jilin lying on the northern border of North Korea plans to launch a new shipping route connecting its Huichun city via Russia's Zarubino to Japan's port of Tsuruga, Xinhua reported. This is Jilin province's second shipping service to Japan after the Huichun-Zarubino-Sokcho (Korea)-Niigata (Japan) route launche...
Singapore; STX Pan Ocean has added a capesize and a panamax bulker to its orderbook. The Singapore and Seoul listed shipowner said it had signed contracts with undisclosed Chinese shipyards for the two bulkers. “The purchase of these new bulkers is to strengthen the competitiveness of the Company’s dry bulk fleet,” the company said. It did...
Singapore: Courage Marine says it is on the lookout for more large, secondhand dry bulk vessels. The Singapore-listed shipowner has just added two more vessels to its fleet with a tonnage 213,420 dwt, bringing its total fleet to 610,000 dwt. “We have added two vessels in the year so far. Our future strategy is to continue to explore opportunities for ...
Singapore: Neptune Orient Lines April container volumes jumped 34% compared to last year. NOL said it handled 212,000 feu in the period 3 April to 30 April, an increase of 34% over the 157,000 it handled in the same period of 2009. The company said it was mainly due to higher volumes handled on the intra-Asian and transpacific trade lanes. Year to date NOL ...
Wilhelmsen Ships Service has acquired Compañia Maritima Unitor (CMU) in Chile. The new company, operating as Wilhelmsen Ships Service (Chile) SA, continues to offer the full range of Unitor products that were previously supplied through CMU. The company’s capabilities include warehousing in Valparaíso and it is able to deliver a wide ran...
Dalian: Dalian Shipbuilding Industry Co has signed a contract to build six 81,200 dwt bulk carriers for International Fareastern Leasing. The same client ordered four 24,000 dwt multu-purpose vessels earlier. The 81,200 kamsarmax is a self-developed design by DSIC. (Source: Sea Trade Asia on line)
Tokyo: Mitsui O.S.K. Lines, today announced plans to upgrade the Japan-Russia route, Japan Trans Siberian Line (JTSL), jointly operated by MOL and Far Eastern Shipping Company TG (FESCO) from by-weekly to weekly sailings. MOL and FESCO are the only ocean shipping companies to provide direct service, between Japan and Russia. Along with the direct service,...
Capesize freight rates fell 11% last week on a lull in spot iron ore demand. Average rates for capesize freight rates fell to $44,441 per day last week 11% lower compared to the previous week. “Capesize freight rates decreased as we expected last week due to what is most likely a lull in spot iron ore and steel demand,” said Commodore Research i...
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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