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Shipment of rolled metal products via commercial port of Severstal’s division Sevestal Russian Steel went up by 90% (to 1.939 mln tons) in 2009. As PortNews IAA learnt from the company’s press-service, over 63% of export was dispatched to the clients in the local markets of St.-Petersburg (the rest volume was shipped via south ports of Rostov an...
Sakhalin Shipping Company OJSC (SASCO) bought a 1995 container-carrier of 4.805 thou tons dwt for regular container lines operation of the shipping company, stated Egor Vagin, Deputy CEO of the company. ‘The container-carrier built in 1995 named Zeya will be the newest in the company’s fleet’, RIA Novosti sited Vagin. ‘It is the th...
THE London Shipping Law Centre has announced that it will be placing greater emphasis on its role in marine business, following its move to the City of London. Opened in 1997, the centre has gained a reputation for addressing the legal, regulatory, commercial and political issues affecting merchant shipping. Founding director Aleka Mandaraka Sheppard sa...
CONTAINER shipping lines APL and Maersk have secured new loans to finance the purchase of vessels. Neptune Orient Lines (NOL), the parent company of APL, has made a filing to the Singapore stock exchange confirming that it has secured a term loan of up to US$160 million from DBS Bank in Singapore. According to Paris-based Alphaliner newsletter, the loan...
DENMARK's Maersk Line will scrap the direct east coast of South America-Middle East connection offered on its 'Samba' service, which will be replaced by a transshipment service from Algeciras, starting in January. The Samba service goes around the Cape of Good Hope and connects Jebel Ali, Walvis Bay, Vitoria, Itajai, Paranagua, Rio Grande, Santos, Sala...
MATSON Navigation Company has announced plans to increase freight rates on its Hawaii service by US$120 per westbound container and $60 per eastbound container from January 3. The company estimates that this increase will raise rates by an average of 3.8 per cent. "This rate increase will help offset rises in operating costs and support ongoing investme...
TWO German containership owners are reported to have withdrawn pleas for state aid from the federal government. A report by London's Financial Times said that Peter Dohle Schiffahrt have withdrawn applications, after receiving "numerous questions" from officials studying the request. Another owner Claus-Peter Offen announced earlier said it no longer p...
COSCON'S general manager for Europe visited China Merchants International's terminal at Ningbo Port's Daxie Port Area. China Merchants International Terminals Co Ltd Daxie Ningbo's CEO Wang Zhixian, and general manager Fang Jianbo met to discuss details of cooperation. Coscon and Hanjin's joint service NE1 called at Daxie terminal at early October....
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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