Shipping News

India's Gati aims to buy Chinese cargo business for US$5 million Jan 5, 2009

HYDERABAD-BASED logistics firm Gati has set its sights on buying a cargo company in China for up to US$5 million, after identifying three small firms as potential acquisition targets. We are looking at a hybrid model, which includes operating within own offices and through a partner for widening our footprint (overseas), Gati International chief busin...

Singamas shuts down container production at plant Jan 5, 2009

THE world's second biggest box manufacturer, Indonesia's Singamas Container Holdings, will stop production at least until March following the global downturn and decide when to resume operations. Singamas CFO Sylvia Tam told Lloyd's List that it had ended production at its Surabaya factory, owned by PT Java Pacific, in the third quarter. It is our int...

Container spot trading website launched by E6W6.COM Jan 5, 2009

E6W6.COM, a trading B2B website of Guangzhou Hengliu Network Technology Co, has become operational and offers online service for marketing container space. Seeing that container space standard is easy to quantify, the website provides a method of spot buying for container space in the international shipping industry, with online carriage charge offers...

Swedish police containerise drunks at remote resort Jan 5, 2009

POLICE in Sweden's northern Varmland coped with drunken New Year's revellers by putting them in a customised shipping container until they sobered up, reports The Local, Sweden's English language news portal. The container is equipped with ventilation, a simple drainage system (a hole in the floor) and furnished with fireproof mattresses and an inspec...

MOL president outlines company highlights for 2008 Jan 5, 2009

MITSUI OSK Lines (MOL) president Akimitsu Ashida has outlined a range of ups and downs for the company, setting out its fifth consecutive year of high profits as being No 1 up in his News Highlights for 2008. Consolidated ordinary income for FY2007, ended in March 2008, totalled JPN302.2 billion (US$3.2 billion), the fifth consecutive year of record h...

Schenker Singapore wins distribution certificate for medical devices Jan 5, 2009

SCHENKER Singapore (Pte) Ltd is the first third-party logistics player (3PL) organisation in Singapore to attain the certification on Good Distribution Practice for Medical Devices (GDPMDS). Before this, it is also the first 3PL in Singapore to be Good Distribution Practice (GDP) certified in the scope of Active Pharmaceutical Ingredients and Medicina...

UASC temporarily combines AEC1 & AEC2 services into one Jan 5, 2009

UNITED Arab Shipping Company (UASC) has announced that it has temporarily combined its AEC1 and AEC2 services into one service - the AEC1. A statement from the Dubai-headquartered ocean carrier said its former AEC1 service covered ports in Asia, the Arabian Gulf, the Indian subcontinent, north Europe and the Red Sea, deploying 10 vessels of 4,000 TEU....

US Evergreen agency cuts head count in 'catastrophic economic crisis' Jan 4, 2009

EVERGREEN Shipping Agency (America) has announced it will reduce its head count - without saying by how much - in Baltimore, Charleston, Chicago, Norfolk, Toronto and shut its Salt Lake City office, moving its work to Dallas in the face of the global downturn. The worldwide economic turmoil has created a situation we have not seen in our lifetimes, th...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

  • Business Type:trans/forwarder
  • Country:China