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In the first half of 2009, Klaipėda Port handled 13,03 million tons of marine cargo, i.e. by -18,0 % or 2,87 million tons less than in corresponding period of 2008, informs BC E. Kateiva from Marketing Department of port. The largest growth rates in January-June this year were recorded in handling of agricultural products (+206,3 t...
Joint Venture Company with the participation of Prisco and Norwegian Company GC Rieber Shipping has got two new vessels for work on Sakhalin shelf. High-speed passenger vessels “Polar Baikal” and “Polar Piltun” went down to work under Russian flag. Port of their documentation is Kholmsk. Russian crews are serving the vessels. ...
In the first half of 2009, Ventspils port ( Latvia ) handled 14.84 million tonnes of cargo (-0.7%, year-on-year), the port informs according to RZD-Partner. In July the port handled 2.39 million tonnes of cargo (+9.5%, year-on-year). In the 6-month period, transshipment of liquid bulk cargo increased by 5.6% to 10.34 mln t, loose dry cargo &ndash...
AS Tallink Grupp, the largest Baltic ferry company, reported a widening loss in the three months to May 31 as cargo revenue fell, the Swedish krona weakened against the Estonian kroon and customers spent less onboard, Bloomberg writes. Net loss increased to 269.8 million krooni, compared with 34.2 million krooni a year earlier, the company said today...
The Republic's port terminals handled 17 per cent fewer containers in June from a year ago but traffic was steady from May, data from the Maritime and Port Authority of Singapore showed. The numbers show trade at the world's busiest container port has stabilised, and come as the Singapore government said the export-dependent economy leapt out o...
Pirate attacks worldwide more than doubled in the first half of 2009 amid a surge of raids on vessels in the Gulf of Aden and the east coast of Somalia , an international maritime watchdog said yesterday. The number of attacks rose to 240 between January and June, up from 114 incidents in the same period a year ago, according to a report released ...
Investors have been flocking to individual stocks like DryShips to capture the upswing of the shipping industry, but the Claymore/Delta Global Shipping Index ETF may provide a safer opportunity. As China 's demand for steel continues to soar, investors are starting to move back into shipping. SEA is a good way to invest in this cyclical sector while mi...
The Baltic Dry Index, a measure of shipping costs for commodities, lost the least in a nine-day slide, possibly signalling a rebound later this week. The index tracking transport costs on international trade routes dropped 10 points, or 0.3 per cent, to 2,975 points, according to the Baltic Exchange. Rates for capesizes that can transport about 175,000 ton...
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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