MAERSK Line's environmental initiative to switch to cleaner fuel at North American West Coast ports begun in 2006 reached a milestone in its 1,000th vessel making a total reduction of vessel-related air emissions by over 2,400 tons. The vessels have called at the ports of Los Angeles and Oakland in California (US), Tacoma in Washington (US) and Vancouver...
DURING the two months since December 15 when Ningbo and Taiwan first started cross-straits direct shipping, the Ningbo customs has handled 35 ships serving such lines with containers of nearly 10,000 TEU, Xinhua reported. In order to speed up the clearance process, Ningbo customs set up a dedicated counter for direct shipping operating 24 hours a day and ...
SENIOR shipping executives attending the recent Taipei Port opening earlier this week say they are expecting a 20 per cent increase in Intra Asia short sea volumes for March and April, United Daily News reports. The Hong Kong Shipping Gazette earlier contacted one senior manager at a Taiwanese shipping company to confirm the report. We do feel ...
Maersk Line announced rate increases for all cargo in the Asia to Europe trade. Rate increases are necessary to continue to operate services with the high level of reliability its customers have come to expect from Maersk Line. Maersk Line will implement the increase in two stages, as follows: Asia (except Taiwan) to North Europe and Mediterranean: ...
Hanjin Shipping is increasing freight rates of all services in Asia-Europe and Trans-Atlantic trades beginning April 1st, 2009. The decision was made and announced to its regional offices and customers last month. Regarding the rate increase, Hanjin Shipping comments that such a decision is necessary in order to continue providing top quality service to i...
Wartsila has received a ship design order from the Norwegian shipping company Sartor Shipping AS. The order is for two Vik-Sandvik 465 FSV design vessels that will be built at the Wison Heavy Industry shipyard in China. Wartsila scope of supply also includes two main engines, gear boxes and propellers. Sartor Shipping has options for further newbuildings at...
“Our aim is to continue to offer competitive prices to our customers. Together with our ongoing investment in customer service and the expansion of our global network, this offers our customers a clear opportunity to budget effectively during the current financial climate.” – says David Tandy, President of Wilhelmsen Ships Service. Wilhel...
Russia's state-controlled crude oil producer Rosneft said on Wednesday its US GAAP net profit grew 70%, year-on-year, in 2008 to $11.12 billion, RIA Novosti reports. Revenues climbed 40.2% to $68.9 billion and EBITDA (earnings before interest, taxes, depreciation and amortization) grew 18% to about $17.1 billion, Rosneft said. Rosneft became Russia's ...
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