Media
Media
VLCC spot rates on most routes softened slightly last week as charterers held back on the January programme on expectations of ample tonnage. Most brokers were reporting MEG-East and MEG-West voyages around WS 80 and WS 50 respectively, down one or two points from the previous week. According to Gibson, charterers were waiting to secure final ...
Libya's national maritime transport company announced on Wednesday the purchase of six oil tankers valued at a total of 400 million dollars. The contracts were signed on Sunday and Monday with Korean naval construction group Samsung Heavy Industries and Japanese constructor Sasebo Heavy Industries, company official Tarek Yussef Said told AFP. F...
The U.S. Coast Guard announced Tuesday that operation of a Long Range Identification and Tracking System, mandated by the International Maritime Organization, will begin Dec. 31. The Coast Guard will also start operating a U.S. National Data Center in Martinsburg, W.Va. on the same day, which will be responsible for the collection, disseminat...
Charter rates for containerships have dropped precipitously over the past year, according to a report Wednesday from Dutch maritime consultant Dynamar. The report said for a geared 2,500-TEU vessel the per-day rate went from roughly $20,800 in November 2007 to $7,700 in November 2008, a drop of 63 percent. A 1,100-TEU ship has seen charter ra...
Member lines of the CKYH Alliance said this week they will offer a new service between the Far East and the Red Sea beginning Feb. 26. The service will deploy six 4,000-TEU vessels with Yang Ming supplying three and Hanjin Shipping, K Line and China Shipping one each. The service, called the RES, will be offered weekly. The rotation for the...
Nippon Yusen Kaisha has appointed Yasumi Kudo to president, effective April 2009. Kudo, who currently serves as NYK's executive vice president, succeeds Koji Miyahara. Miyahara has been promoted to board chairman, and Takao Kusakan, the incumbent chairman, becomes director, board counselor. Kudo, 56, joined NYK in 1975. Sou...
Ocean carriers United Arab Shipping Co. and Hanjin Shipping said this week they will offer a service linking the U.S. East Coast, Mediterranean, Middle East and India by combining the ports covered in two existing services, which are due for suspension. From Jan. 8, the carriers will run a nine-vessel string of 4,000-TEU ships, with UASC prov...
THE 13,800-MSC Daniela's now reckoned to be the biggest ship afloat classed by Germanisher Lloyd was recently delivered to the Geneva-based Mediterranean Shipping Company, the world's second largest container line after Maersk. Its high-tensile steel construction from Samsung Heavy Shipyard also sets the ship apart because it allows the hull to ...
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
qq.com