The strike by a section of employees of the Kochi port, who were protesting the implementation of the award of the National Industrial Tribunal, was called off on Sunday night after an understanding was reached between the trade union leaders and the management. On surplus staff It was decided at the meeting that whatever staff has been rendered surpl...
CryoPort Express Frozen Shipping Solution Being Offered by FedEx to Select Customers in the Life Science Industry CryoPort Systems, Inc. (OTCBB: CYRX) and FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), today announced the companies have signed an agreement to provide an innovative and breakthrough frozen shipment solution for the life science ind...
As part of the internal redecoration of the iconic Grade II* listed property, building owners Downing selected a variety of Crown Trade finishes, due to their exceptional performance characteristics and the added-value support available through Crown Paints' expert Colour Service. As well as aiming to create first-class commercial office facilities, Down...
Cruise giant Carnival today said it would take a financial hit after the Mexico swine flu outbreak forced it to change routes for 27 ships. The group, which operates P&O Cruises and Princess Cruises, said second quarter earnings would be cut by around 5 US cents a share after it overhauled itineraries last minute to avoid Mexican ports. Ca...
Company Says Shipping Industry Portal Continued to Grow; Sees Opportunity in Current Environment to Expand Fleet Reflecting the virtually unprecedented decline in shipping activity in the first quarter this year stemming from the world financial crisis, Winland Online Shipping Holdings Corporation (OTCBB: WLOL), reported today a significant reduction in r...
The former Celebrity Galaxy, retired in March, has been reborn. During a launch event Saturday night in Hamburg, Germany-based TUI Cruises introduced Mein Schiff (that's German for My Ship), which will offer cruises to German-speaking couples and families. The line -- a joint venture between Royal Caribbean Cruises Ltd., Celebrity Cruises' parent, and E...
The fund will be raised primarily from institutional investors in India and other Asian countries. JP Morgan Asset Management is planning to raise $750 million (around Rs 3,700 crore) under a sector-focused fund targeting investments in shipping industry, reports Economic Times. The fund will be raised primarily from institutional investors in India and o...
The shipping line MISC Berhad (Kuala Lumpur, Malaysia) has informed the partners in the Grand Alliance that it will withdraw from services between Europe (incl. Mediterranean) and the Far East with effect from January 1st 2010. MISC does not operate with the Grand Alliance on the Transpacific or Transatlantic trades. We greatly regre...
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