Revenues of Murmansk Shipping Company (MMP) for the period of 2010 ended Dec. 31st increased by 8%, the press service of the company reports. Exact figure was not specified. In 2009 consolidated revenues of MMP Group totaled RUB 9,1 billion. MMP Board of Directors’ annual meeting was held today to review the results of financial and business operati...
The American arm of the Danish shipping giant Maersk, Maersk Line LTD, has been awarded another contract for the operation and maintenance of two ships in the U.S. Navy Military Sealift Command’s (MSC) Maritime Prepositioning Force. Maersk Line LTD will provide personnel and mariners, operational and technical support ashore and afloat, as well as a...
South Korea's Samsung Heavy Industries has won an order for two LNG carriers from GasLog. The Greek shipowner has booked two 155,000 cu m LNG carriers at the yard. Samsung had announced on April 11th that it had won four LNG carriers from Golar LNG Energy and two ships from an unnamed owner for $1.2bn in total. (Source:http://www.seatrade-asia.com) &nb...
China Shipping celebrated the completion of a major phase of its terminal expansion project at the Port of Los Angeles earlier this week, adding a new 925-foot section of wharf, 18 additional acres of backland and four state-of-the art container cranes that will increase cargo throughput, create jobs and reduce air emissions. “We take great pride in...
Japan is looking to implement a new policy by the end of June to strengthen the country's maritime cluster, according to the ministry of land, infrastructure, transport and tourism (MLIT). The main aims of the New Shipbuilding Policy are to strengthen the maritime cluster through the enhancement of environmental technology, visualisation of performances...
Pirates have attacked a Hanjin Shipping container vessel near the Gulf of Aden on Thursday, the South Korean box liner has informed. The 6,500 teu mother vessel Hanjin Tianjin was heading to Singapore when it was attacked at 05:15am Korean time, according to Hanjin Shipping. “We are now working closely with relevant parties to understand the current s...
The president of STX Finland Juha Heikinheimo has resigned on Wednesday, paving the way for his successor Kim Su-Jou. Kim, who currently holds the position as chairman of STX Finland, will be temporary acting president of the company. The company did not specify the reasons for Heikinheimo's departure. “The main task for the new president will be to ...
Indonesia-based Samudera Shipping has on Wednesday accepted the resignation of executive director Dhrubajyoti Das, who is in charge of commercial and strategic business development. Das, 45, tendered his resignation on 19 April and the last day of his service with the company and its subsidiaries will be 30 June. The reason given for Das' leaving the co...
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