Media
Media
THE Hongkong Association of Freight Forwarding and Logistics Limited (HAFFA) has announced that Peter Wong has been elected chairman of the association for 2009-10. Mr Wong, of Expeditors Hong Kong Limited, was elected along with the HAFFA executive committee during the association's recent annual general meeting. It is a great honour to have been elec...
RUSSIA's Far East Shipping Company (FESCO) has announced that is liquidated its joint venture company, the United Orient Shipping & Agency Co, it ran with MOL and Azuma Shipping, but has started a new one under a different name with the same partners. The Trans-Russia Agency Japan is the new company, according to the Russian Transport Daily Report. I...
THE Port of Prince Rupert has announced its container throughput nearly doubled, chemicals increased 84 per cent, while grain and log shipments held their own in the first quarter. But total throughput during the period fell 24.5 per cent to 2.3 million tonnes with the main contributor to the decline being coal shipments through Ridley Terminals, accordin...
CONTAINERSHIP owners are under pressure to deliver return on investment as charter rates drop to historic lows not experience since 2002, says the Paris-based consultancy report, Alphaliner Weekly. Alphaliner's charter rate index hit a historic low of 49 of points in March and dropped further to 43 points in April 2009, said the report, adding that the p...
MAERSK Line has announced rate increases from Northern Europe to North Africa and the Mediterranean as well as from Asia to the Mediterranean. On the intra Euromed route, southbound services from Northern Europe to North Africa to east and west on the Mediterranean will be EUR75 (US$100) per TEU effective May 15. On the Asia-Europe route, westb...
The central bank will continue following a moderately loose monetary policy, its quarterly report said Wednesday, dispelling speculation that the stabilizing economy could prompt it to raise interest rates. The central bank will continue to ensure ample liquidity in the banking system and reasonably increase loans to fund the economy, the People's Bank o...
China's automobile sales probably reached a record high of 1.15 million units last month as the government's stimulus plans began to pay off, estimates from the China Association of Automobile Manufacturers (CAAM) indicated Thursday. Official figures for vehicle production and sales are scheduled for release next Monday. Assuming the CAAM figures are ...
Guangzhou Shipyard International Co., a unit of China's biggest shipbuilder, said first-quarter profit fell 50 percent because of higher prices of steel plates. Net income for the three months ended March 31 declined to 129.3 million yuan (US$18.9 million), or 0.26 yuan a share, from 258 million yuan, or 0.52 yuan, the company said in a statement to the...
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
qq.com