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According to documents made public by the Chamber of Commerce of Piacenza, on February 25, 2010 CVS Ferrari filed for Scioglimento, Procedure Concorsuali, Cancellazione" which literally means, “Dissolution, insolvency procedures and (company) cancellation.” This means that some form of insolvency procedure has been officially registered ...
Danish shipping and oil group AP Moller-Maersk said it would return to a "modest" profit in 2010 after weak global trade knocked freight rates and dragged it to a deeper-than-expected loss for 2009, Oil and Gas News reported. Chief executive Nils Smedegaard Andersen said the container shipping business would remain in the red this year though other Maersk...
Mumbai: Three of the country's leading maritime professional organizations - - Institution of Naval Architects (INA), Institute of Marine Engineers (India) (IMEI) and Company of Master Mariners of India (CMMI) - have come together to establish the Federation of Maritime Professional Organisations (FMPO) as 'a common platform to help the growth of the long...
Mumbai: Three of the country's leading maritime professional organizations - - Institution of Naval Architects (INA), Institute of Marine Engineers (India) (IMEI) and Company of Master Mariners of India (CMMI) - have come together to establish the Federation of Maritime Professional Organisations (FMPO) as 'a common platform to help the growth of the long...
London: Delegates from 70 member state countries of the International Maritime Organisation convene in London today for the 60th session of the Marine Environment Protection Committee (MEPC). A climate meeting in Copenhagen in December, the 15th under a UN process (COP 15), delivered little in a drive to agree a replacement to the existing Kyoto Protocol o...
Jakarta: Berlian Laju Tankers has failed in its attempt to buy Norwegian shipowner Camillo Eitzen & Co and withdrawn its offer. BLT launched a takeover bid for the financially struggling CECO last October in an all share transaction, that would have created the world’s largest chemical tanker company with 157 ships. However, talks between the two ...
Cochin Shipyard Ltd (CSL) has successfully completed its second major ship conversion project by converting a fisheries vessel into an oceanographic research vessel, Exim News Service informs. The work was undertaken for the National Institute of Oceanography (NIO) in Goa. The conversion comprised setting up of three laboratories, installation of new dec...
Exporters said to be struggling to get their products on ships because of the seasonal bulge and reduced cargo space have the solution in their own hands, said the New Zealand head of shipping giant Maersk, according to the Timaru Herald. "You can reduce the risk and increase the certainty by making commitments to your service providers," managing directo...
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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