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Maersk Line introduces a new direct service, ME2, from India and the Middle East to the West Mediterranean and back, through a slot exchange agreement with United Arab Shipping Co. on its Mina Service. The launch of the ME2 service is an enhancement to company existing product portfolio and offers the following benefits to customers: Dir...
South Korea’s Hanjin Shipping has strengthened its long term charter business after signing a 20-year consecutive voyage contract involving two very large ore carriers with South Korean steel giant OSCO in Seoul this morning. The deal will generate total revenues of Won1,380bn ($1.1bn) for Hanjin Shipping starting in 2011. The two VLOCs depl...
One spacecraft has been withdrawn from the orbital group of the Russian navigation system, GLONASS, Interfax reports. On August 24, the group consists of 19 satellites, 18 of which are operating to their target designation, and one is temporarily withdrawn for maintenance, according to the information posted on the website of the R...
A super modern tanker called "Sumbar", which was ordered by Turkmenistan, moored at the port city of Turkmenbashi on August 21. It was built at the shipyards of the Krasnoye Sormovo plant in Nizhniy Novgorod (Russia) and complemented the merchant fleet of Turkmenistan. The arrival of a new vessel was marked by an official ceremony. According to the centur...
Georgian coastal guard officers have detained Ilgar Imanverdiyev, a citizen of Azerbaijan and a former captain of the tanker Buket, in the Batumi port, the press service for the Georgian Border Guard Service has reported according to Interfax. The detention was made aboard ...
US ports are forecast to handle 12.3 million twenty-foot equivalent container units (TEUs) by the end of this year, representing an 18.8% fall from 2008 volumes and the lowest level seen in seven years, according to a report. The monthly Port Tracker report released recently by the National Retail Federation (NRF) and IHS Global Insight stated that ...
CARGOTEC has agreed to acquire the assets of Danish sales and service company Arne Holst & Co of Kvistgaard, Denmark with both parties declining to disclose financial details. The acquisition includes the takeover of business assets and customer contacts, including four employees. The managing director of Arne Holst & Co will continue as a consult...
VIETSUN Corporation has launched its first container shipping service, using the newly chartered 602-TEU Tai Ping, calling at Haiphong, Cua Lo, Ho Chi Minh City, Haiphong. Vietsun is a privately owned Vietnamese company, reports Alphaliner News. Its sister company Thami Shipping (Thamico) offers freight forwarding and LCL services from Haiphong and Ho Chi...
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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