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Seoul: South Korean shipbuilding giant DSME is on the verge of resurrecting the mothballed TrentonWorks plant in Nova Scotia, according to Candaian press. An executive from Daewoo Shipbuilding and Marine Engineering said in an interview with The Canadian Press that the company plans to build components for wind turbines at the seven-hectare factory in Tre...
Oslo: The Guangzhou-headquartered heavylift specialist of the COSCO Group faces a heavy fine from Norwegian authorities following a grounding last year. The 26,800 dwt Full City (pictured), belonging to Cosco Shipping, is facing a fine of US$39m after she dragged her anchor during a storm late last year. The resulting clean up operation was one of the large...
THE South East Premium Wheat Growers Association (SEPWA) is seeking funding from Royalties for Regions to investigate the feasibility of establishing a trade to export Esperance-grown grain using shipping containers, reports Farm Weekly of Victoria Park, Western Australia. This comes in the wake of the deregulation of the grain market for local growers. ...
HONG KONG's Overseas Orient Container Lines (OOCL) has announced rate increases and peak season surcharge on Europe to Australia-New Zealand cargo, said a company statement. Rates will go up US$100 per TEU from March 1 on cargo moving from ports in north Europe, the Mediterranean and the Black Sea to ports in Australia and New Zealand. A peak season su...
GERMANY's Hapag-Lloyd has announced rate increases for cargo moving from North America to the Far East, Indian subcontinent and Mideast from April 1. Cargo from the United States to the Far East will face an extra charge of US$240 per TEU and US$300 per FEU while reefer rates will rise $240 per TEU and $300 per FEU for local cargo originating in Los Ange...
CANCELLATIONS of containership orders have risen to 140 vessels aggregating 436,000 TEU since the start of the downturn in the fourth quarter of 2008, according to the Paris-based consultancy AXS Alphaliner. Alphaliner records show the cancellations account for 6.7 per cent of the 6.51 million TEU container ship order book at October 1, 2008. "The cance...
Indonesia: Marco Polo Marine has secured a $10m coal transshipment contract in Indonesia. The 17 month long contract is with an undisclosed Indonesian coal owner and a related third part to Marco Polo. The domestic transportation contract will be carried out by Marco Polo’s Indonesian flagged vessels. “With the recent conversion to more Indonesi...
Tokyo: Mitsui O.S.K. Lines (MOL) announced yesterday that its woodchip carriers Hokuetsu Delight and Crystal Pioneer searched for survivors of a training ship 550 km southeast of Rio de Janeiro in the South Atlantic, and rescued all 64 who had been aboard, including high school and university students from Canada and one student from Japan. The 57-meter s...
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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