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On July 24, 2009 Yan Yanovsky, Managing Director and Member of the Boards of Directors of United Industrial Corporation (OPK) and B.T. Ahn, Executive vice-president of Hyundai Heavy Industries (HHI) made a contract for mutual shipbuilding cooperation. Main purpose of this protocol is to determine main tasks of cooperation, including developm...
Ferry Baltic leader Finnlines announced the extension of its new, successful passenger concept to the Malmö-Travemünde route. The service offers three departures per day (except Mondays, 2 departures). The 9‐hour sailing is served by ferries featuring 190 spacious cabins each as well as amenities for passengers. The Finnlines&...
The Russian Register (RR) has accepted and approved the ISO 9001:2008 certificate held by Wilhelmsen Ships Service for their fire, rescue and safety services network. In addition and as part of the same approval process, the Russian Maritime Register of Shipping has awarded Wilhelmsen Ships Service their own Certificate of Approval and Recog...
Coscon has announced a rate hike from August 1 on containers moving from Asia to the United States, and is also imposing a mainland-Taiwan bunker surcharge from July 19, the Shipping Gazette reported. Cosco Container Line rates will increase US$400 per TEU, $500 per FEU, $563 per 40-foot high cube and $633 for 45-footers from mid-August. "The long lasti...
Hamburg Sud and Alianca are raising bunker surcharges on their east coast Americas trade routes by US$25 per TEU, starting from the beginning of August, according to the Shipping Gazette. Company officials said the changes were necessary given the recent hike in bunker prices, now one of the largest cost factors in service delivery. Julian Thomas, Alian...
Cosco Corporation (Singapore), the shipbuilding arm the Cosco Group, has agreed to delay delivery of eight dry bulk vessels at the request of two European shipowners, the company said in a statement to the Singapore Stock Exchange where it is listed. The shipbuilder owns yards in China and will delay deliveries of the bulk carriers unti...
SOLIDARITY at the Gdansk shipyard said today it is "satisfied" with the way that the EC has dealt with the yard’s restructuring, thus dropping labour’s opposition to the scheme. No formal announcement will be made about the yard's future until 22 July, but Brussels is expected to repeat its previous positive response to the governm...
GLOBAL oil demand will linger for 2009 at 2.5M barrels a day less than last year, but 2010 will bring a demand rebound of 1.4M bpd. Though OECD oil demand has fallen more than expected, it is not all bad news for a tanker trade thirsty for more cargoes. In its July Oil Market Report, released today, the International Energy Association said most...
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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