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Shipbuilders on Sunday sought incentives for a boost to the industry. "We need a 30 percent incentive for the industry for at least five years," Abdullahel Baki, chairman of Ananda Shipyard, the country's leading shipbuilder, said in a seminar. "The government needs to patronise this burgeoning sector to foster its growth." Addressing the seminar, shipp...
AP MOLLER-Maersk has saved a total of $500m in bunker costs so far this year through slow steaming and other efficiency measures. The box giant, which is aiming for a 35% total reduction in terms of emissions per containership by 2017, says it has already achieved a 15% reduction through reduced fuel consumption. The percentage reductions have been calcul...
Russian Mariner Trade Union (RPSM) and large shipping lines will sign collective agreements on protection of rights and working conditions improvement of the Russian mariners working on board the ships under ‘flags of convenience’ early November, 2009, stated Nikolai Sukhanov, Chairman of Far East regional organization of the Russian mariner tra...
United Shipbuilding Corporation (OSK) and Daewoo Shipbuilding and Marine Engineering (DSME) (S. Korea) plan to construct a shipyard estimated RUR45 billion in Primorskii krai The agreement on the aforementioned construction was signed, stated Vedomosti with reference to Far East Center of Shipbuilding and Ship Repair OJSC (DCSS) OSK. The...
The number of crude oil tankers booked to ship Middle East crude has surged, boosting freight costs, shipbrokers said to Exim News Service. Oil companies and traders on October 20 hired a total of 16 supertankers, each with a capacity to carry two million barrels, a shipbroker at Barry Rogliano Salles in Dubai said. A total of 22 vessels have been booked...
The number of laid-up containerships increased by 10.4 per cent in a fortnight, according to a survey, which showed 568 ships were idle, aggregating 1.35 million TEUs as on October 12 from the 548 idle vessels, totalling 1.29 million TEUs, noted a fortnight earlier, Exim News Service reports. The report said the laid-up fleet was now the biggest-ever. Apa...
A contract on construction of third range of ‘Armada’ tankers, design RST22M was signed between Palmali group of companies and Besiktas Gemi Insaa Anonim Sirketi shipyard (Turkey) on October20. As per tankers designer - Как сообщает проектант танкеров – Marine Engineering Bureau – vessels of a new range is a logical consequence of de...
It is planned to construct a freight-forwarding terminal (TLT) near the Karelian crossing point Vyartsilya at the Russian-Finnish boarder. The terminal will handle timber, delivered by motor vehicles and by rail, informed Rosbalt. The terminal will be constructed on the basis of already operating customs station located in Vyartsilya village, 300 m away fro...
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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