Shipping News

Ashida wants MOL to roar in Year of TigerJan 5, 2010

In his traditional New Year message MOL president Akimitsu Ashida urges MOL employees to adopt a more proactive stance during the current economic difficulties in order to restore the company to financial health. The company returned to the black in third quarter 2009, after suffering a Yen14.8bn loss in the first quarter, but its forecasted full-year ear...

Hong Kong records 4% drop in throughput for Q3 2009Jan 5, 2010

The port of Hong Kong reported a total throughput of 64.4m tons in the third quarter of the year, indicating a fall of 4% over the same period last year, writes Xinhua quoting the local statistical authority. Within this total, inward port cargo dropped 2% to 36.3m tons and outward port cargo fell 7% to 28.1m tons, the Hong Kong Census and Statistics Depart...

InterManager embraces year of the seafarerJan 5, 2010

InterManager - the international trade association for shipmanagers - has pledged to pull out all the stops in its support of crew members worldwide in 2010, the Year of the Seafarer, Roberto Giorgi (pictured) InterManager president said, "Last year we were heartened by the support we received from throughout the shipping world as we fought for the release ...

Huaneng Power buys ports and shipsJan 5, 2010

China’s Huaneng Power is fast expanding its footprint with big investments outlined at the start of this year. The electricity giant is spending 8.625 billion yuan ($1.26 billion) to buy stakes in power and port operators. Huaneng said it would buy the stakes in nine Chinese firms in Yunnan and Fujian provinces from Shandong Electric Power Corp and Sh...

Manila calls for seafarers to go through anti-piracy trainingJan 5, 2010

The Philippines has ordered its seafarers, who constitute about a third of the world's commercial sailors, to go through anti-piracy training before they will be allowed to board ships, the labour secretary said Monday.The training, which lasts about eight hours, will be mandatory starting Jan. 15. Sailors will not be armed and training classes will not ...

PetroChina pulls out of $40bn Aussie gas dealJan 5, 2010

Energy giant PetroChina Co. Ltd. has pulled out of a $40 billion deal to buy natural gas from a project off Australia, leaving Woodside Petroleum Ltd. looking for new customers. Woodside informed Australia's stock exchange on Monday that an early stage agreement for the Browse Basin liquefied natural gas project off Western Australia state had not been se...

Hamburg-Sud 2009 revenue expected to decline 29pcJan 4, 2010

GERMANY's second largest container shipping carrier after Hapag Lloyd, expects to suffer a 29 per cent revenue loss and expects a small loss overall for 2009, CEO Ottmar Gast told the Hamburger Abendblatt newspaper. Giving no precise figures, Mr Gast said the company did better than most because of its policy of not allowing freight rates to go below cos...

EPA issues rules for large US ships to reduce air pollution Jan 4, 2010

THE United States Environmental Protection Agency (EPA) is adopting a two-prong regulatory approach to reduce diesel emissions from large US-flagged ships operating in domestic waters. Compliance will cost operators US$1.85 billion for fuel and technology changes in 2020, rising to $3.1 billion in 2030, according to the EPA's estimates. The agency said...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

  • Business Type:trans/forwarder
  • Country:China