The A. P. Møller-Mærsk Group has sold eight containerships to the US affiliate Maersk Line Limited. All eight ships will be transferred to US-flag and replace eight older units also flying US-flag and that have been sold for recycling in China. Five of the containerships are of the Hyundai-standard type, also know as the G-class, the units h...
Evergreen Shipping Group Founder Chang Ron-far denies in Singapore a new report that the shipping group plans to withdraw from Kaohsiung harbour, saying the company is unable to abandon Kaohsiung harbour in wake of the goods in southern Taiwan. The global rank of Kaohsiung harbour keeps falling and its loading and off-loading business drops further after...
Shipping companies of the Odessa region (Ukraine) carried 378,200 tonnes of cargo in January-February 2009 (-49.2%, year-on-year), Vikna Odesa reports. Foreign trade transportation fell by 47.3%, total cargo turnover – by 54.3% to 415.8 mln t/km. In the reported period, seaports of the region handled 1,962 vessels (-28.3%, year-on-year). In partic...
Severstal does not rule out the possibility of container business development on the basis of St. Petersburg stevedoring company Neva-Metal, Severstal reports. In 2009, the company is to focus on further development of container business and to increase transshipment volume to 60,000 containers, or 100,000 TEU having preserved the capacity to accept and s...
Hyundai Heavy Industries and two other companies on Tuesday submitted preliminary bids for Hyundai Corp, a South Korean trading company, industry sources said. BNG Steel Co. and Q Capital Partners also separately submitted letters of intent for more than a 50 per cent stake in Hyundai Corp, according to the sources. Creditors of Hyundai, led by the state-...
In the first of several vessel deliveries over the next few weeks, Crowley christened and launched its newest heavy-lift series deck barge, the 455-4, Saturday at Gunderson Marine Shipyard in Portland, Ore. The 400-foot-long 105-foot-wide barge was christened by Carey Graham, wife of Parker Drilling Vice President Dennis Graham. The vessel's first assignm...
Gold Star Line Ltd (GSL), Hong Kong, has announced the launch of Bengal Myanmar Express (BMX), a direct feeder service between Myanmar, Malaysia and Singapore under a vessel-sharing agreement with Orient Express Lines (OEL), Exim News Service reported. This service has the following port rotation: Port Klang (West Port), Singapore (PSA), Kolkata, Yangon (M...
Two boats carrying African migrants to Italy sank off Libya in separate incidents over the past two days, killing at least 21 people and leaving hundreds missing, Libyan officials said on Monday. The bodies of the 21 were found after a rickety boat with 253 migrants went down off the coast of the North African country but the fate of the rest of the people...
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