US TRANSPORTATION Secretary Ray LaHood says the days of competition between ports are over and they must work together, perhaps under a central authority. "Maybe there ought to be a port czar who gets up every day and thinks about how the ports in California can collaborate together," Mr LaHood said during a recent trip to Oakland . Oakland ...
Icelandic North Atlantic container and reefer carrier Eimskip is facing a takeover from the Los Angeles-based holding company Yucaipa , which will save 1,500 jobs and cut its debt from US$2.24 billion to $140 million. Eimskip CEO Gylfi Sigfussion said the $2.2 billion restructuring will involve a 32 per cent stake for Yucaipa and 45 per cent for Icela...
Maersk Line's 7,000-TEU Soroe Maersk made the first call at Shenzhen's Da Chan Bay Terminal in its Far East-Mideast (FM1) loop, the third global service to make maiden calls at the Pearl River Delta terminal in recent months. According to the Shipping Gazette, the FM1 service will call weekly at Da Chan Bay on Thursday deploying seven same-size ships. ...
Eastern Dream, a South Korean ferry run by DBS Cruise Ferry has been introduced, The Japan Times informed. The ferry goes through a cargo-passenger route which links Sakai in Tottori Prefecture of Japan to Vladivostok , Russia and Donghae , South Korea . Tottori aims that the service will raise the inflow of tourists from Russia and ...
The International Chamber of Shipping (ICS) is holding an International Shipping Conference in London , at the Institution of Engineering Technology, on Wednesday 9 September. The event is aimed at senior executives from international shipping companies and seeks to highlight some of the main issues in which ICS is currently involved on behalf of ...
Rousse Shipyards ( Bulgaria ) has offloaded workers who went on strike earlier this week on acount of payment delays, The Sofia Echo informed. The exact number of people sacked from duty, out of the 600 who refused to go to work on Monday, is as of yet undisclosed, although reports claim that as of June 3 at least four people were told they were surplus ...
A Southampton, UK-based ship repairer has taken over a 1,000 tonne lift facility in Portsmouth harbour. Testbank Ship Repair and partners Trafalgar Wharf unveiled the Rolls Royce syncrolift, said to be one of the biggest of its kind in the South of England. The lift was formerly part of the Halmatic boatyard, previously owned by Vosper Thorny...
Fintry Marine Design AG and Kockums AB , part of ThyssenKrupp Marine Systems, have reached an agreement to co-operate in the marketing, design and construction of fast ferries, work and pilot boats built in an innovative carbon fibre reinforced sandwich structure. For the last five years, Swiss company Fintry says that...
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