Shipping News

“K” Line establishes its own agency in BrazilJun 1, 2009

KAWASAKI KISEN KAISHA, LTD. (“K” LINE) has established its own shipping agency, “K” LINE RORO & BULK AGENCIA MARITIMA LTDA., in Brazil for Car Carrier and Bulk shipping business (both dry and liquid, including energy transportation) with business operations having officially commenced on May 18, 2009. The new company was establis...

Turnover dropped by 61%May 31, 2009

According to Logistics Finland, Danish dry cargo shipping company Norden saw its turnover drop by 61% to DKK 415mn (EUR 55.77mn USD 78.02mn) in Q1 2009 compared to DKK 1.06bn (EUR 142.31mn USD 199.09mn) in Q1 2008. EBIT dropped by 87% to DKK 22mn, profit after tax went down by 64% to DKK 74mn and profit after tax dropped to DKK 73mn from DKK 200mn. EBIT mar...

Mega-cargo bound for Far East at O’SwaldkaiMay 31, 2009

With its cargo of mega-heavy pieces of equipment from Hamburg’s O’Swaldkai, Höegh Autoliners is extending its existing RoRo service to the Middle East by links to India and China. In future Höegh Autoliners will be offering a direct connection twice monthly to the important destinations of Mumbai (India) and Xingang (China). For the pr...

New IMO sulphur rules could hit Baltic Sea transportsMay 27, 2009

The Norrbotten chamber of commerce in north Sweden has warned that new environmental regulations from the International Maritime Organization (IMO) could stop all maritime freight transport in the Baltic Sea, Logistics Finland reported. The regulations call for a maximum 0.1% of sulphur in vessel fuel from 1 January 2015 in the Baltic Sea, English Channel a...

MacGREGOR RoRo systems ordered for French ferry and French NavyMay 27, 2009

Cargotec’s business area MacGREGOR has recently won cargo access contracts from French operator Compagnie Meridionale de Navigation and a repeat RoRo equipment order from the French Navy. MacGREGOR is to supply cargo access equipment for a new 2500 lane-meters  RoPax ferry for French shipping company Compagnie Meridionale de Navigation (CMN), a...

ECC to stop sewage dumping in Baltic SeaMay 26, 2009

The European Cruise Council (ECC) has agreed to stop dumping untreated sewage from cruise ships in the Baltic Sea, according to Logistics Finland, the ECC said it would agree to stop dumping sewage if their were adequate facilities at a sufficient number of ports and that no additional fee was charged to empty sewage at ports. Christel Wiman and the Ports ...

ABS revises criteria for liquefied gas carriers with independent tanks...May 26, 2009

Class society ABS has revised and reissued its Guide for Building and Classing Liquefied Gas Carriers With Independent Tanks. Type-A independent tanks were used on the first generation of LNG carriers and are now used for fully refrigerated LPG containment systems for vessels with capacities of up to 90,000 m3, of which several are currently on order. ...

Asian shipping stocks up despite downturnMay 22, 2009

The shipping industry has been sailing through troubled seas as the global recession takes a toll on trade, but Asian shipping stocks have rebounded in 2009 as investors bet on a recovery. China Cosco, which operates the world's biggest dry bulk fleet, hit an eight-month intra-day high on Wednesday on the strength of dry bulk shipping rates, and is up abou...

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Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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