Media
Media
VESSELS belonging to the fleet of UK coaster company Coastal Bulk Shipping are laying up in the Medway and Thames Estuary, according to UK ship enthusiasts' website Shipspotting,com. Lloyd's List reports that the company announced it had ceased trading after the economic downturn forced a sharp decline in revenues. Until 2006 Coastal Bulk Shipping kn...
The test launch of a Bulava intercontinental ballistic missile, capable of breaching anti-missile defense systems, from a submarine was unsuccessful, a source at the Belomorsk naval base said on Tuesday according to RIA Novosti. The submerged launch took place from the Dmitry Donskoi strategic nuclear-powered submarine in the White Sea, off Russi...
Gazprom has invited the French company GdF Suez company to become new partner in the Nord Stream project. Gazprom leader Aleksey Miller yesterday met with GdF Suez General Director Gérard Mestrallet. On the agenda was the French company’s possible participation in the Nord Stream project, a press release from the company reads. According to n...
Polish refinery PKN Orlen in cooperation with its subsidiaries – Lithuanian Mazeikiu Nafta and Unipetrol of Czech Republic settled a tender for deliveries of bio-components throughout the next year, the Polish company announced. Supplies from Polish companies will account for 67% of esters and 100% of bio-ethanol for PKN Orlen in the next year, ...
Shippers, you know about BAFs, bunker adjustment factors, and CAFs, currency adjustment factors; now brace yourself for the latest surcharge: the Aden Gulf Surcharge. CMA CGM, noting the risks faced by container ships transiting through the Gulf of Aden because of piracy, said it will begin at the first of the year to implement a surcharge of $23 per TEU...
Hamburg Sud said it has altered its port rotation on a liner service between U.S. Gulf/Central America/Caribbean and South America East Coast (UCLA), in order to improve service and overcome operational challenges at ports in Venezuela. The company will drop a direct call to LaGuaira on tring 1.?The new rotation will include Houston, Cartagena, Suap...
A European bank has delivered a sobering assessment of Maersk Line's prospects for early 2009. The Icelandic bank Kaupthing issued a report that said the decline in consumer spending will propel freight rates down, significantly hurting revenue for the world's biggest container line. We believe (first quarter 2009) will be a disastrous quar...
Four carriers providing service from India to the U.S. East Coast have decided to discontinue the loop, Live Mint reported Sunday. The Sina service - operated by Hanjin, K Line, Yang Ming, and United Arab Shipping Co. - will last be offered on Jan. 4. We have discontinued the AEC 1 service and will shut down the Sina service from Janua...
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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