Intermarine, LLC, a worldwide leader in breakbulk and project transport, announced the opening of two offices, which will represent Intermarine in Europe. Located in Zeist, Holland and Hamburg, Germany, the offices will extend Intermarine’s American and Asian capabilities to bring its personalized service to the European market. Staffed with 20 ...
For the second year in a row, the Panamanian Public Institutions Integrity Index has ranked the Panama Canal Authority (ACP) as the most transparent public institution in Panama for 2009. Out of 31 participating organisations, the ACP obtained the highest score: 266 out of 281 points. The ACP was also recognized as the firm with the best ethics and manage...
CONSTRUCTION of joint Russian-South Korean and Russian-Singaporean shipyards in the Far East of Russia are slated for completion in the first quarter of 2012, about three months later than originally planned, reports Russia's Portnews News Agency. It said that United Shipbuilding Corporation (USC) and Korea's Daewoo Shipbuilding and Marine Engineering (...
Tokyo: NYK and Weathernews have introduced what they claim is the world’s first navigation system for seas covered with ice. In particular, LNG (liquefied natural carriers plying the waters of the Russian Far East and Sakhalin are expected to make good use of this new system, which is the first to employ live reports sent in real time from vesse...
Hong Kong: Hong Kong-listed handy operator Pacific Basin Shipping saw 2009 net profit fall more than 73% to US$110.3m. Revenues slid to US$950.5m in 2009, against almost US$1.7bn in 2008. Senior management revealed the firm has secured contract cover for 64% of its combined handysize and handymax revenue days in 2010. More importantly, according to ...
Mumbai: Chennai-based Caravel Logistics is now a shipowner. Yesterday it launched its first container vessel at Tuticorin. Addressing the media, Saju Chacko, chairman of the company said the German-built liner, with a capacity of 585 teu, would be deployed on a Mundra-Kochi-Tuticorin-Dubai route and would have a fixed day schedule. BTS Investments of Switze...
GERMANY's Hapag-Lloyd said it will increase rates from Canadian west coast to Pacific Latin American ports from Mexico to Chile. The increase will be US$150 per TEU and $300 per FEU to and from British Columbia and Mexico, Guatemala, El Salvador, Honduras, Costa Rica, Colombia, Ecuador, Peru and Chile. The following commodities are excluded: Agricultur...
ECU-LINE, an Antwerp-based NVOCC, has signed a pilot agreement with INTTRA, an e-commerce platform for the ocean freight industry, to receive shipping instructions from ECU-Line's less-than-container-load (LCL) shippers using the INTTRA platform. Starting in March, the ECU Line group will pilot the new INTTRA service with two of its major customers befor...
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