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Overseas Shipholding Group, Inc. today announced that its Board of Directors has declared a regular quarterly dividend of $0.4375 per share on the common stock outstanding, payable on August 27, 2009 to stockholders of record on August 7, 2009. (Source: Transport Weekly)
At Nor-Shipping the multifunctional Plough/Tug/Supply/Subsea Vessel Far Samson was declared Ship of the Year 2009 by His Royal Highness King Harald V and Norwegian State Secretary Rikke Lind. The vessel was delivered from STX Norway Offshore AS - Langsten to Farstad Construction AS on 24th March 2009. Yard director at Langsten shipyard, Steinar Nerb&oslas...
INTERTANKO encourages the early establishment by the International Maritime Organization (IMO) of target levels for the energy efficiency for new ships, in its recent submission to the upcoming IMO Marine Environment Protection Committee. Setting such targets would become part of the discussions on the Energy Efficiency Design Index (EEDI) for new ships w...
Maersk Line announced rate increases on its services from the Far East to Europe. The trading conditions for the carriers operating in these markets are still subject to unacceptable rate levels and the situation is unsustainable in the longer term. The rate increases are necessary to continue to operate Maersk Line services with the high level of ...
Friday, 29 May, saw the "Monte Aconcagua", the last of a series of ten of Hamburg Süd's successful 5,552 TEU "Monte" class, christened in Hong Kong. The container ship's sponsor was Luise Klus, daughter of Dr Ingeborg von Schubert, Chairlwoman of the Advisory Board of the Gundlach Group, Bielefeld. Following the naming ceremony, ...
Even as the economic downturn has stalled major construction activities across the globe, work on dredging the Panama canal continues round-the-clock. The principal contract for the $5.25-billion expansion of the Canal, a project that will probably alter global shipping patterns and cement this Central American nation’s place as a centre of global l...
On September 7, the A.P. Moller-Maersk Group merged its supply chain management activities branded as Maersk Logistics and its freight forwarding activities branded as Damco, under the single brand name ‘Damco’, Exim News Service informed. Mr Rolf Habben-Jansen, CEO of Maersk Logistics and Damco, says, "Under the new, single brand, our primary ...
Approximately 1,500 shareholders and guests attended the second Annual General Meeting of Hamburger Hafen und Logistik Aktiengesellschaft (HHLA), since the Company’s IPO in November 2007. The meeting was held at the CCH Congress Center Hamburg on Thursday 4 June 2009. 79.6 percent of the share capital was represented. During his sp...
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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