NORTHERN European short sea shipping company Unifeeder has announced it will open three services to the UK starting mid-June, after serving Baltic Sea ports last year, report the UK's Transport Intelligence. It will serve Felixstowe, Grangemouth, Immingham, Teesport and South Shields adding to its liner services between Scandinavia, the Baltic, Russia, H...
CONTAINER Corporation of India has recorded a year-on-year 1.5 per cent decline in net profit to INR778.6 crore (US$175 million) for the fiscal year ending March 31 from the INR791.2 crore profit the year before. Revenue increased from INR3,628 crore to INR3,863.9 crore, RTT News reported, suggesting the possibility of a turnaround for the cargo handler. ...
CONTAINER terminal operator Modern Terminals Limited in Hong Kong has appointed Peter Levesque as chief commercial officer and Shirley Pang as general manager of supply chain. Mr Levesque is responsible for the Modern Terminals' sales organisation, a company statement said. He brings to Modern Terminals over 20 years experience having worked in Asia sinc...
MITSUI OSK Lines subsidiary MOL (America) has appointed Tsuyoshi Yoshida as its new chairman, president and CEO. Mr Yoshida brings nearly 30 years of container shipping experience to the post, which he is scheduled to fill on June 22 of this year. Before taking the role of general manager at MOL (America) in 2003, Yoshida was stationed in Europe where h...
THE International Chamber of Shipping (ICS) and the International Shipping Federation (ISF) are urging governments to enhance existing naval protection to prevent acts of piracy in the Indian Ocean. The call was reiterated at their annual meeting in Singapore from April 28-30 that was attended by representatives of national shipowners' associations from ...
Hanjin Shipping announced that it signed a 15-year CVC (Consecutive Voyage Contract) with KOMIPO last Friday after the bidding that took place back on March 16th. According to Hanjin Shipping, a panamax vessel will be deployed in the transportation of 1.3 million tons of coal from Indonesia, Australia and Canada to Korea on annual basis. The t...
Indian ports are set to become more competitive with the advent of port arbitrage, DNA reported. As private terminal operators gain control of ports, what is distinguishing them is the concession terms on which they operate the facilities. This, in turn, decides the price of services offered at ports. Take the case of Gujarat-Pipavav Port, which was acq...
THE eight ASEAN Ports and Shipping is to be held from June 3-4 at the Windsor Plaza Hotel in Ho Chi Minh City, Vietnam. The Transport Ministry will sponsor the event. The conference is one part of the government's long-term goal to reform the maritime sector beyond 2010 and to "develop the shipping sector as a leading industry of the sea-based economy, f...
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