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The Maritime & Coastguard Agency (MCA) announced today that 7 foreign flagged ships were under detention in UK ports during January 2009 after failing Port State Control (PSC) inspection. Latest monthly figures show that there were 6 new detentions of foreign flagged ships in UK ports during January 2009 and 1 vessel under detention from previous mont...
Far Eastern Shipping Company (FESCO) motor ship “Amderma”, who is in freight of Australian Antarctic division, completed expedition to the South Pole, the motor ship delivered goods and members of a polar expedition to three national scientific stations, as the press secretary of the shipping company Lina SHAROVA reported to RIA Novosti on Monda...
Orient Overseas Container Line said it will seek a rate increase of $200 per 20-foot container of dry cargo on its service from Asia to North Europe as of April 8. It called the tariff rate increase the “first measure towards the restoration of a sustainable level of freight rates.” The Hong Kong-based carrier said further tariff increases &ldq...
Norwegian oilfield services firm Nexus Floating Production said on Wednesday it would lay up its first production vessel upon delivery in June because of a lack of projects. Nexus, located inSingapore, has ordered two floating production, storage and offloading (FPSO) vessels from Samsung Heavy Industries in Korea. The global economic downturn has led to...
Japan’s largest shipping firm, NYK Line, is cutting its container fleet transport capacity on its major routes, including Asia-North America, by an additional 10 percent this spring. The reductions will come through the scrapping of aging ships, as well as laying-up other vessels and suspending their operations, a company spokesman said on Wednesday...
Yemen is ready to render all necessary assistance to the Russian warships that are patrolling the Gulf of Aden as part of international anti-piracy efforts, the Yemeni president said on Wednesday according to RIA Novosti. According to the UN, Somali pirates carried out at least 120 attacks on ships in 2008, resulting in combined ransom payouts of around $...
London's Clarkson Research became less optimistic in February, making cuts in its earlier container shipping growth projections, which resulted in an estimated supply and demand differential of a "highly significant" 9.2 per cent for 2009. Clarkson said the world container trade grew 5.1 per cent in 2008. After a bad fourth quarter, deep...
State-run Shipping Corp. of India Ltd (SCI), India’s biggest shipping company by fleet size and revenue, has scrapped a tender to buy four dry bulk cargo carriers as demand for ships declines in the face of a slowdown in global trade. “Demand has changed; supply has changed. The future looks uncertain,” said U.C. Grover, the Mumbai-based ...
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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