Tsutomu Yamaguchi died Monday morning as the result of stomach cancer. He was the the only person to have survived both the Hiroshima and Nagasaki atomic bombings. He was 93. On August 6, 1945 Yamaguchi was in Hiroshima on a business trip for his shipbuilding company. He was an engineer with Mitsubishi Heavy Industries. Mr. Yamaguchi was just stepping off...
Mauritius gave the go-ahead on Wednesday for its ships to carry armed security guards to deter attacks in the Indian Ocean's pirate-infested waters. "Looking at the size of Mauritius' exclusive economic zone (around one million square kilometres), the risk that Mauritian vessels might be attacked is high," Foreign Minister Arvin Boolell said. "We had ...
HAMBURG Sud has announced a general rate increase (GRI) of US$150 per TEU and $300 per FEU on all cargo moving from the United States and Canada to Europe. The increase will apply on tariff cargo as well as existing service contracts effective February 15, said a company statement. (Source: www.schednet.com )
AP MOLLER-MAERSK has commissioned a private warship from a Danish security firm operating from Tanzania to prevent its vessels being attacked by pirates in waters off the Horn of Africa, reports the Copenhagen Post. Maersk has manned the ship with security contractors, mostly ex-special forces personnel, working for a Danish security firm Guardian-Global ...
UNITED Arab Shipping Company (UASC) has announced a rate increase for shipments from the western Mediterranean region to the US east coast of US$200 per TEU and $300 per FEU starting February 15. The carrier said in a statement that the general rate increase will apply to shipments originating in Italy, Marseilles (Fos), Spain and the Adriatic in the West...
DENMARK's Maersk Line has announced it will increase rates on westbound cargo from south Asia and the Mideast to north Europe and the Mediterranean US$300 per TEU and $600 per FEU from February 1. "The trading conditions for the carriers operating in these markets are still subject to unacceptable rate levels and the situation is unsustainable in the lon...
Jiangsu Lianyungang Port Co. has agreed a deal to acquire controlling interests in two port and terminal businesses from its own parent company, Lianyungang Port Group, according to reports. Reuters says that Jiangsu Lianyungang Port Co. has signed a document of intent for the transfer of equity shares with its controlling shareholder for stakes in a Lian...
China Ocean Shipping Co. (COSCO) has withdrawn its interest in a proposed US$5 billion project to turn Sangley Point in the Philippines into an international logistics hub, according to reports. COSCO Group president Captain Wei Jiafu is reported in the Manila Bulletin as saying that the company "gave up our original plan", speaking on the sidelines of th...
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