The Port of Houston Authority (PHA) successfully implemented the Transportation Worker Identification Credential (TWIC) program by harnessing a handheld card reader technology solution from Datastrip, Wayne , Pa. , a provider of mobile identity verification and Codebench Inc., Coconut Creek , Fla. , a physical security software provider. Using Datast...
GERMANY 'S federal government has underlined its commitment expanding port infrastructure with this week’s adoption of a national port concept. The scheme does not propose any new projects but does offers reassurance to shipping that planned investments will not be delayed by the recession. It also represents the first attempt for a co...
THE LITHUANIAN and Bulgarian shipbuilding associations have become full members of the Community of European Shipyards Associations. The new members are the Lithuanian Association of Shipbuilders & Ship Repairers (LLSRA) and Bulgarian National Association of Shipbuilding & Ship Repair. They bring the total number of national associations in CES...
DEUTSCHE Schiffsbank has been forced to retreat after having the 40,170 gt bulker Umberto D’Amato arrested in Louisiana on Tuesday and promptly releasing the vessel on Wednesday when it discovered that its owner had not, in fact, broken the terms of its loan agreement. The confusion arose apparently because of ties between Gorgonia di Nav...
DEUTSCHE Schiffsbank has been forced to retreat after having the 40,170 gt bulker Umberto D’Amato arrested in Louisiana on Tuesday and promptly releasing the vessel on Wednesday when it discovered that its owner had not, in fact, broken the terms of its loan agreement. The confusion arose apparently because of ties between Gorgonia di Nav...
CARNIVAL Corp’s profits fell by 32% in the second quarter, driven down by weak ticket prices and unfavourable currency moves. Carnival today reported net income of $ 264M for 2Q09 versus $ 390M for 2Q08. Net revenue yields – the best indicator of ticket pricing and onboard spending – fell 16.8% including currency impact. “...
Views were mixed with bulkers cheerful and representatives of container shipping companies less optimistic until that day when US and European consumer confidence revives and fills ships. "Ships are fuller now, but that is because there is so much capacity being taken out of service," CMA CGM vice president Hans Meurs told the Hong Kong Shipowners Assoc...
Hanjin Shipping has become the first Korean carrier to place an order of five 10,000TEU containerships. At Hotel Shilla in Seoul at 5 pm on August 24, 2006, Hanjin Shipping President & CEO Jung-won Park and Samsung Heavy Industries CEO Jing-wan Kim signed the contract for building five 10,000 TEU vessels. The five vessels ordered are scheduled for suc...
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