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Maersk Line has announced enhancements and adjustments to its services, which it claims will create new intra-Gulf trade opportunities between Nhava Sheva and Jebel Ali, reported The Hindu. The port rotation of the revised ME1 service will be Felixstowe, Zeebrugge, Bremerhaven, Rotterdam, Aqaba, Jebel Ali, Bandar Abbas, Jebel Ali, Nhava Sheva, Pipavav, Sal...
FESCO diesel-electric ship “Vasiliy Golovnin” finished its trip to Antarctica, where it delivered cargo and members of a polar expedition from Argentina to four polar stations. Now dry cargo ship has left the South Pole of the planet, as the press secretary of the shipping company Lina SHAROVA reported to RIA PrimaMedia. The dry cargo ship w...
Russia has invited Iran to sell crude oil on the St. Petersburg Commodity Exchange, the Russian energy minister said on Monday according to RIA Novosti. The Russian side has proposed that our Iranian partners consider the possibility of selling a part of Iran's oil at the St. Petersburg Commodity Exchange, Sergei Shmatko said. Shmatko, who is the Russi...
Singapore-based Orient Express Lines belonging to Transworld Group has launched a Yangon (Myanmar) -Kolkata-Yangon direct container feeder service. The first vessel, “Mare Blaticum”, with 325 containers on board from Yangon, arrived at the Netaji Subhas Dock under the Kolkata Dock System on Monday, according to a press release issued by the K...
Freight rates for oil tankers are expected to come under significant pressure this year as nearly 300 new oil tankers, or 47 million deadweight tons of shipping capacity, are due for delivery globally, DVB Bank S.E. said Monday. Very Large Crude Carriers and Aframaxes are in a more vulnerable position compared with other tankers, the Dutch bank said in a...
Justice and home affairs ministers last week rubberstamped six legislative proposals of the EU's third maritime safety package, which aims to reduce maritime accidents and pollution in Europe. The package, tabled by the European Commission in 2005, includes eight draft laws. Last week's Justice and Home Affairs Council approved four of them on Thursday (2...
SHIPPERS entering transpacific rate negotiations this year are reportedly smelling the weakness of carriers whose ships are laid up and trade demand is down. For their part, carriers appear to be willing to cut agreed rates by a third to get the cargo. This is what Neptune Orient Line CEO Ron Widdows has observed in the market. He sees rates being cut to ...
It is reported that tracking sluggish containers shipping market, China's export containers slipped month by month from 2008 and tumbled to 60,000 this January slumping nearly 80%YoY from 290,000 in the same period of last year. From customs' data, China only gained USD 247 million from containers export this January much less than USD 689 million last ...
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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