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Somali pirates seized a United Arab Emirates-flagged cargo ship loaded with weapons bound for the Horn of Africa, in breach of a UN arms embargo, maritime experts said on Monday. Andrew Mwangura of the East African Seafarers’ Assistance Programme told Reuters that the ship, called Al-Mizan, had been hijacked on Sunday and was being held near the nort...
SINGAPORE's Neptune Orient Lines (NOL) plans to move its China transactional headquarters from Shanghai to Chongqing over course of next year, a move involving the relocation of 200 jobs and one expected to cut costs. "Shanghai has established itself as one of the world's premier cities and the cost of doing business has increased and is expected to ris...
LAURA Wang-Woolford, an American citizen and former director of Monarch Aviation Pte Ltd of Singapore, has been sentenced by a New York federal court to 46 months in jail and fined US$500,000 for exporting restricted US aircraft parts to Iran. Wang-Woolford and her British husband, who is still at large, exported the parts from the US to Monarch offices i...
THE Panalpina Group has announced that consolidated net profit in the third quarter of 2009 fell to CHF5 million (US$4.92 million), down from CHF28 million for the third quarter last year. In the first nine months of the year, the group's net profit shrunk to CHF21 million, down from CHF105 million for the same period in 2008. In the first three quarte...
SINGAPORE's Andersen Shipping Company Pte Ltd has entered into a joint venture to be branded ASC-Sharp Shipping (Malaysia) Sdn Bhd, with CF Sharp Malaysia Sdn Bhd from the first of this month. Areas of activity include Port Agency and Ships Husbandry whether in break-bulk/heavy lift projects, dry bulk, tanker and cruise shipping through out all of Malays...
Austal has officially opened its new state-of-the-art Modular Manufacturing Facility (MMF), equipping its US shipyard with the ability to build up to three 100 metre-plus vessels each year. Phase One of the new $88 million facility boasts 35,000m2 of manufacturing space under one roof, including a 7900m2 warehouse, as well as paved parking for more than 20...
ABB and Fincantieri have signed an agreement to collaborate on the construction, marketing and supply of high-voltage shore connection (HVSC) systems to provide electricity to vessels in port. Harbor facilities around the world are taking a close look at shore-to-ship connections as a way of reducing emissions from ships in port and improve air quality for...
The world’s leading maritime service network Wilhelmsen Ships Service has secured a Husbandry Service Agreement with NYK LNG Shipmanagement UK, London. The agreement, secured by the company’s UK office, covers five managed vessels on charter to RasGas and is valid for a period of 12 months. Mr Declan Rate, Business Process Manager for ...
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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