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Euroseas Ltd. (Athens, Greece), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today that its Board of Directors has declared a dividend of $0.10 per common share for the first quarter of 2009. The dividend is payable on June 17, 2009 to all shareholders...
Japanese shipowners have committed 35 vessels totaling 1.5 million gross tons to the Marshall Islands flag in 2009. In total, Asian shipowners will contribute some 2.8 million gross tons in 2009 with 750,000 gross tons from Korea and 500,000 gross tons from China. The Marshall Islands fleet has grown by 30 percent a year, on average, for the l...
Against the background of a worldwide collapse of industrial production and volumes transported, Hamburger Hafen und Logistik AG (HHLA) has reported distinct downturns in revenues and earnings. In the first three months of 2009 revenues fell back by 20 percent to 256.5 million euros and earnings before interest and taxes (EBIT) sank by 45 percent to 51.0 m...
Three companies have signed up for Wilhelmsen Ships Service’s agreements for worldwide husbandry services, including ESM Esmeralda Shipmanagement Ltd. and Lydia Mar Shipping. The worldwide service agreements ensure that their vessels will receive a consistent treatment in every port they visit. The service agreements result from a drive in Wilhelmse...
As from May 6th 2009, the Port of Rotterdam Authority introduced a new harbour dues system for sea-going vessels. This new system serves two objectives: - Possibility to differentiate the tariffs according to various segments in the market - Improved flexibility in a dynamic environment The introduction of the new harbour dues system will, in pri...
OOCL’s environmental care initiatives are featured in a new "how to" guide written specifically to empower businesses in Hong Kong to reduce their carbon footprints. The Hong Kong Climate Change Business Forum (CCBF), in partnership with the Hong Kong General Chamber of Commerce (HKGCC), launched the guide on May 14, 2009. “O...
Horizon Lines, Inc., an ocean shipping and integrated logistics company, has been named Jones Act Carrier of the Year for 2008 by Walmart Stores, Inc. The award is presented each year to a domestic ocean carrier to recognize best-in-class schedule reliability and exceptional customer service. The award was presented at a meeting at Walmart's headquar...
The Baltic Sea is slowly recovering and the negative environmental trend has been broken, according to new Swedish research, as the Swedish newspaper The Local/LETA reports. For the first time, discharges of fertilizer have decreased giving the body of water off Sweden's east coast a chance to recover. The Baltic Sea has started its environmental turna...
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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