Media
Media
Batam: Mosvold Supply has cancelled an anchor handling tug supply (AHTS) vessel it ordered at Batamec shipyard. Otto Marine, owner of Batamec, said Mosvold Supply had cancelled a contract for a 21,000 bhp, VS 491 CD, AHTS. The shipbuilder said under the contract Mosvold was entitled to a refund of its deposit and interest accrued. Otto Marine said it was se...
SOUTH AFRICA state-run logistics giant Transnet and its two striking unions may meet later this week after wage talks collapsed, bringing the country's freight movement to a standstill. "The situation is still unchanged," said Transnet spokesman Mboniso Sigonyela, reported the South African Press Association. "I'm sure there will be meetings, but nothin...
HONG KONG's Orient Overseas Container Line (OOCL) has announced the naming of its newest ship, the 4,578 TEU OOCL Guangzhou, the 14th of 16 same-sized vessels from Samsung Heavy Industries. The OOCL Guangzhou was named by sponsor Li Ning, chairman of Li Ning Company Limited, a major Chinese sportswear brand. CC Tung, OOIL chairman also welcomed to the ce...
FRENCH carrier CMA CGM has announced rate increases and peak season surcharges on a wide range of services starting June 1. There will be a peak season surcharge levied on cargo from north Europe to the east coast of South America of EUR250 (US$305.46) per TEU (euro denominated rates) and $325 per TEU on (US denominated rates) There will also be a peak ...
Kuala Lumpur: Kuok Group’s Malaysian Bulk Carriers profits soared in the first quarter of the year. Bursa Malaysia listed MBC reported a first quarter profit of RM53m, compared to RM16m in the same period a year earlier. Profits were pushed up by much stronger dry bulk freight rates with its fleet averaging $30,263 time charter equivalent compared to ...
Jakarta: Mining company PT Merukh Enterprises is diversifying into aviation and shipping by swapping commodities for Chinese built airplanes and ships in a transaction worth $10 billion. Owned by politician turned mining magnate Yusuf Merukh, the company on Friday signed a memorandum of understanding with China’s state-owned airplane producer Avic I...
Batam: Mosvold Supply has cancelled an anchor handling tug supply (AHTS) vessel it ordered at Batamec shipyard. Otto Marine, owner of Batamec, said Mosvold Supply had cancelled a contract for a 21,000 bhp, VS 491 CD, AHTS. The shipbuilder said under the contract Mosvold was entitled to a refund of its deposit and interest accrued. Otto Marine said it was se...
CARGOITALIA, Italy's all-cargo airline, re-launched under new ownership in April 2009, has announced that it is scheduled to take delivery of its third MD11 freighter aircraft in June. Cargoitalia plans to deploy its latest aircraft on a twice-weekly service from its Milan hub to Shanghai Pudong. In October, the service will increase to three times weekl...
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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