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MISC Berhad (MISC) reports it has held the naming ceremony of its 10th chemical tanker, the 38,000dwt Bunga Allium, the third in a series of eight IMO II chemical tankers ordered from the STX shipyard in South Korea by MISC. Bunga Allium was delivered on January 5 and has sailed on her first voyage from South Korea to Pasir Gudang. Her delivery brings the n...
Somali pirates freed a Greek-flagged tanker carrying 2 million barrels of oil on Monday, a day after the biggest ransom yet paid to them was dropped onto its deck, the pirates and a maritime official said. The Maran Centaurus was seized on Nov. 29 with 16 Filipinos, nine Greeks, two Ukrainians and a Romanian on board. An aircraft dropped a ransom believed...
SINGAPORE-based Famous Pacific Shipping (FPS) Group continues with its plans to acquire new members from the Commonwealth of Independent States, North Africa, and parts of the FSU, such as Poland, Romania and Bulgaria. The NVOCC and freight forwarding network steps up its hunt this year following significant expansion in 2009 where it appointed general ag...
DIANA SHIPPING, a Greek bulk shipping company, has announced that it will pay US$50 million for a minority stake in a new company that is expected to buy containerships over the next 12 to 18 months, reports The Associated Press. Diana Shipping's wholly owned management company would also enter into administrative and vessel management agreements with th...
MITSUI OSK Lines (MOL) says it has jointly developed the world's first portable, liquid level gauge for measuring a vessel's ballast tanks with partner Musashino Co Ltd. The gauge measures the level of ballast water, usually sea water, in a tank by dropping a portable, battery-powered, measuring tube into the sounding tube of the ballast tank. A sensor ...
COSCO Container Lines has announced a series of rate increases on its Asia trade routes that came into effect both this month and last in a bid to maintain service levels. With the gradual recovery of shipping market and the launch of super slow steaming programme by CKYH Alliance at the end of 2009, the market shows stability while utilisation of individ...
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipyard, jumped the most in a week in Seoul trading after Posco said it may bid for the company, reports Bloomberg. The steelmaker will “consider” an offer once the shipyard is put up for sale, Posco ceo Chung Joon Yang said yesterday. Daewoo Shipbuilding rose as...
JAPAN's "K" Line has announced an increase in Terminal Handling Charge (THC) at Vietnamese port on all transpacific westbound cargo shipments from February 6. The THC per TEU will rise to US$79 from $75 and $91 per TEU reefer containers and $122 per 40-foot high cube and $159 per FEU reefers. (Source: www.schednet.com )
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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