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A Pella designed Tug on which the seawater resistant air vent heads of Winteb are fitted. Winteb has received an order for the supply of the air vent heads for a total of five ships being built at Pella Shipyard in Otradnoye, Leningrad region, Russia, Holland Marine Equipment reports. Founded on December 1st 1952, Winteb has become the world’s larges...
Japan has extended a grant aid of 992 million yen (S$15.5 million) to Malaysia for maritime security enhancement in the Straits of Malacca and other Malaysian territorial waters. apan's Ambassador to Malaysia Masahiko Horie said yesterday that some 14,000 Japanese vessels rely on the Straits each year and 80 per cent of Japan's import of the oil shippe...
In 2009, the revenue of FESCO Transport Group is likely to fall by approximately 30%, year-on-year, against over $1.33 bln in 2008, Sergei Generalov, FESCO head, told RBC Daily. “Of course it is just a budget forecast. Actual result will be seen in the end of the year but it may be both higher and lower,” he said. According to a pessimistic ...
Stolt Tankers B.V., a subsidiary of Stolt-Nielsen, has announced that SLS Shipbuilding Co. Ltd. of South Korea has taken Stolt Tankers B.V. to arbitration to challenge the cancellation of a contract for the construction of a 44,000 dwt coated parcel tanker, the first in a series of four ships, announced on March 18, 2009. The ship was originally scheduled f...
Mitsui O.S.K. Lines Ltd., the world's largest operator of iron-ore vessels, halted new orders for the ships as demand for steel drops. The company is scrapping up to seven iron-ore carriers and may not renew long-term charter contracts, Masafumi Yasuoka, a senior executive officer at the shipping line, said in an interview in Tokyo recently. Mitsui O.S.K...
The research vessel Basalt has sunk at the pier of the machine plant here off the shore of Avacha Bay, an official in the port's supervision service has told Itar-Tass. There was no one on board at the moment of the incident at 08:00 local time. Noone was hurt either. The causes of the sinking of the vessel, which has been moored at the pier since Nove...
Wärtsilä, a specialist in ship power and decentralised power plant solutions and CEVA Logistics, one of the leading supply chain companies in the world, have signed an agreement for the outsourcing of warehousing operations for Wärtsilä's 24/7 global spare parts activities in the Netherlands. The agreement follows Wärtsilä's...
MAERSK Line will impose rate increases from North America to the Mediterranean effective May 1, and expects to impose another from June 15 depending on market trends. Rates will increase by US$80 per TEU and $120 per FEU and high cube or 45' container from the US and Canada to Mediterranean ports . The hike follows an "unsustainable" ...
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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