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Media
THE global credit crunch may put the brakes on plans to double the capacity of the Port of Liverpool's Seaforth Container Terminal. Terminal operator Peel Port had earlier proposed to build a GBP100 million (US$152.34 million) postpanamax container terminal at Seaforth but now that the international shipping trade has been hard hit by the global...
HAMBURG Sud has christened one of a series of three identical 4,294-TEU containerships on charter from Norddeutsche Reederei H Schuldt, the Cap Graham, in Valparaiso, Chile. The naming ceremony marks the first time in the German shipping line's 137-year history that it has named a containership in Chile. A statement from the carrier said ...
CHINA Logistics Corporation plans to spend CNY1.5 billion (US$219.4 million) building an industrial park in Hunan province's city of Zhuzhou that will service shippers in central and southern China, Xinhua reported. The industrial park will occupy an area of 133.3 hectares, offering air-water-land intermodal transport, distribution, warehousing ...
HAPAG-LLOYD is to make Maarten Henderson as chief financial officer to head oversee accounting, treasury, controlling and legal affairs. Mr Henderson, who reports to CEO Michael Behrendt, is a economics graduate of Hamburg University, and began his career in the '70s and was CFO at Philips Kommunikations Industrie AG in Nuremberg 1993-1996, agai...
HOODED assailants, supposedly anti-war protesters, broke into Israel's Zim Line office in Venice, breaking furniture and spray painting inside walls with pro-Palestinian and anti-Israeli slogans. We are neither for Hamas nor the Israeli government, said a man calling a Italian news agency Ansa after the attack. We align ourselves with only one s...
Chinese share prices closed almost flat Thursday, after the newly announced government support package failed to create confidence that was enough to offset overnight losses on Wall Street. The Shanghai Composite Index lost 8.66 points, or 0.45 percent, to 1,920.21. The Shenzhen Component Index slipped 0.2 percent to 6,798.53, down 13.34 points. ...
SINGAPORE's PSA International Pte Ltd (PSA) has announced that its global container throughput for the 2008 calendar year amounted to 63.2 million TEU, an increase of 7.3 per cent over 2007. In spite of last year's positive results, the group is warning of an extremely difficult year ahead for the container shipping industry amid the slowdown in...
Mitsui O.S.K. Lines Ltd., the world’s largest merchant fleet operator, will reduce its expansion plans by 50 ships as worldwide demand for sea-cargo shrinks. The company will retire older vessels, giving it a total fleet of 1,150 at the end of March 2013, compared with a previous plan for 1,200, company spokesman Kenji Yoshimura said, citing President...
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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