Media
Media
Tokyo: On April 1, NYK established a new company, NYK Shipmanagement Japan. NYKSM JP was established by renaming TMM Co. Ltd., which was a ship-management company jointly owned by NYK and Taiheiyo Kaiun Co. Ltd. (TKK), which itself became a wholly owned subsidiary of NYK last year. NYK purchased TKK’s share in TMM prior to this arrangement. Togeth...
FEEDER companies say the reintroduction of laid up tonnage could destroy the favourable operating environment created by volume and rate increases on mainline services. Singapore's Bengal Tiger (BTL) chief executive, Bill Smart, whose ships run between India, Port Kelang, Colombo and Singapore, said the current rate structure is crucial to recovering fro...
ISRAELI flag carrier Zim says its Asia-Med line will not be making a westbound call in Colombo, and will use 11 ships averaging 3,393 TEU rather the 12 averaging 3,800 TEU as previously announced. The revised rotation for the service will see vessels departing from Shanghai to make their way on to Shenzhen-Da Chan Bay, Port Kelang, Mumbai, Haifa, Ashdod, ...
TOTAL Terminal International Algeciras' (TTI Algeciras) third container terminal near Gibraltar opens April 28 less than two years after the Port of Algeciras granted a licence to develop and run its third box terminal. The Hanjin terminal will receive its first call from 10,062-TEU Hanjin Casablanca on the CKYH NE-1 service on April 28. Further services...
JAPANESE operator, Misui OSK Lines has revised its consolidated business outlook for the fiscal year ending March 31 to account for an increase in net income, which it says could be twice as high as previous estimates. While operating income forecasts were raised 38.5 per cent over the group's prior announcement, the bulk of the increase came about from ...
Guangzhou: COSCO Shipping has confirmed an order of ten 27,000 dwt multi-purpose vessels from CSSC Guangzhou Huangpu Shipbuilding. and Taizhou Kouan Shipbuildingcosting a total of around US$310m. The Guangzhou specialist vessel affiliate of China’s largest shipping firm said the deal is its largest order ever. The ships will start delivering from Jun...
- Gottwald has developed a hybrid drive system for its Mobile Harbour Cranes (MHC) that improves energy efficiency and contributes to economic and environmental savings. The technology uses state-of-the-art diesel generators with dynamic brake resistors and short-term energy storage for the recovered energy. This stored energy is then made available to th...
The 15-metre long ship prototype Stena Airmax will be named in Gothenburg. The prototype is part of a project in which an “air cushion” is being tested to investigate to what extent it reduces the friction between the hull and the water, thus also reducing fuel consumption and emissions of large tankers in the future. Stena will invest in the re...
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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