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Media
THE US trade gap narrowed to $26Bn in May, from $28.8Bn in April, the government said today, with exports rising 1.6% and imports falling 0.6%. An analysis by IHS Global Insight indicated that most of the improvement came from petroleum. Although oil prices were much higher, oil import volumes plunged. “The improvement in exports, combine...
Mayor of Ventspils, Chairman of the Ventspils Freeport Aivars Lembergs pledges to keep an eye on how the Chairman of the Freeport of Riga Ainars Slesers ( Latvia 's First Party/Latvia's Way) will keep his promise to make the Riga Port a serious competitor to the Port of Ventspils . According to Lembergs, over the past four yea...
Greek drybulk carrier OceanFreight Inc said it agreed to acquire a capesize bulk carrier for $61.3 million. The vessel's time charter will be for a minimum of 5 years and a maximum of 8 years, at $26,000 per day, the company said. "We have fixed the vessel for a minimum period of 5 years generating approximately $44 million for the charter duration," Ch...
In the first half of 2009, Big Port of St. Petersburg handled 22.605 million tonnes of cargo (-23%, year-on-year) including 4.753 million tonnes handled in June (-14%, year-on-year). In the 6-month period, transshipment of dry bulk fell by 26% to 3.589 million tonnes, dry loose cargo – by 51% to 89.0 million tonnes, timber – by 90% to 82.2 m...
In the first half of 2009, export of oil via port Primorsk increased by 3% to almost 38.420 million tonnes, Administration of Big Port of St. Petersburg reports. In June the port handled 6.596 million tonnes of export oil (+5%). The port’s turnover of vessels totaled 882 units ( 442 in and 440 out) with June accounting for 148 units ( 74 in and ...
In the first half of 2009, Ust-Luga port (Leningrad region) handled 4.380 million tonnes of cargo (+27%, year-on-year), Administration of Big Port of St. Petersburg states. In June the port handled 882,100 tonnes (+30%, year-on-year). In the 6-month period the port’s turnover of vessels amounted to 461 units (231 in and 230 out) with June accountin...
The Hamburg-based shipowner E.R. Schiffahrt has celebrated the naming ceremony of its first bulker at the Hyundai Vinashin Shipyard in Vietnam on July 7, 2009. At the same time, this was the first bulker the shipyard has ever built, taking full advantage of the know-how within the Hyundai Group. The "E.R. Bergamo", which is 187 metres long and 3...
Danish shipping companies have seen their costs for fighting piracy at sea explode as more and more ships are exposed to pirate attacks, Logistics Finland reported. Shipping companies are spending more money on increased security, insurance, training of staff, delays and lost earnings as a result of the piracy. The Danish Shipowners' Association esti...
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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