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Media
Tartous International Container Terminal (TICT), a subsidiary of Philippine-based International Container Terminal Services Inc. (ICTSI), has announced that German shipping line Hamburg Sud has shifted most of its container shipping services from Lattakia to the Port of Tartous in Syria. Romeo Salvador, TICT general manager, said the move to Tartous was d...
International Maritime Organization (IMO) Secretary-General Mr. Efthimios Mitropoulos has reiterated IMO’s assurance to the Prime Minister of the Transitional Federal Government (TFG) of Somalia, Mr. Omar Abdirashid Sharmarke, that the Organization stands ready to assist Somalia in repressing piracy off its coast and in the Gulf of Aden, following a m...
Hanjin Shipping is restoring freight rates in the Trans-Atlantic trade effective December 1st, 2009. The amount of rate increase for all North American shipments to and from North Europe and the Mediterranean is USD 250 per TEU and USD 350 per FEU. Hanjin Shipping comments that despite the company’s continuous efforts to reduce costs, this rate restor...
Moscow has approved RUB1.5bn (US$51m) in loan guarantees for Russia's Far East Shipping Co (Fesco), according to Russian Daily Transport Report. Analysts said the group has been severely affected by the downturn in container shipping, with revenues for 2009 set to be less than half of 2008's. But according its CEO, Sergey Generalov, in a recent interview ...
An external audit of Integrated Management system of Certification Association ‘Russian Register’ and Certification unit ‘SAI Global Russia’ was held in Far-East Shipping Company OJSC (DVMP) (which is a basic company of Transport group FESCO) on October 26-30, 2009. As per the audit results compliance of ISU DVMP OJSC with ISO: 9001:...
After a project duration of only one year, the EU-funded project INTEGRITY - Intermodal Global Door-to-door Container Supply Chain Visibility - has put the ITplatform SICIS - Shared Intermodal Container Information System - into practice. On Monday, 21st September 2009, the first SICIS monitored DHL container started its journey at CMML Warehouse, Shekou,...
ABG Shipyard, the India`s largest ship building company reported a rise in the net profit of 75.84 % for the second quarter ended Sep. 30, 2009. During the quarter, the company reported the profit of Rs 458.60 million from Rs. 260.80 million in the corresponding quarter last year. In the same quarter, net sales of the company stood at Rs 4,015.80 million, ...
Iran's Valfajr 8 Shipping Line will resume its operation in Qatar with the anchoring of its first ship in the Doha port on Sunday morning. "The first ship of Valfajr 8 shipping line which has just left (the port city of) Bushehr will arrive in the port city of Doha at 9 a.m. local time tomorrow morning," Iranian Ambassador to Doha Abdollah Sohrabi told FNA...
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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