Media
Media
Spot rates for VLCC voyages east from the Middle East Gulf (MEG) look set to surge in the coming days. A Singapore-based broker told Tankerworld Thursday that markets west of the MEG are currently offering more attractive rates, and “owners will ballast their vessels there for better freight” terms. That will result in less tonnage availability in the eas...
A luxury Antarctic cruise ship carrying 122 passengers and crew started to take on water and leak fuel after it ran aground. It's understood that one New Zealander is aboard the Panamanian-flagged vessel, called the Ushuaia after the Argentine port in Tierra del Fuego port from which it sailed on Sunday. Argentine Navy Admiral Daniel M...
Vietnam Ocean Shipping JSC (Vosco) began transporting cargo containers on a new route from Doan Xa Port in Hai Phong to Tan Thuan Port in Ho Chi Minh City and back on December 2, Thai News Service reported. Vosco expects the new route would boost competition and increase the value of its trademark. The company earned US$153.6 million i...
NEFTEHIM Ltd. (St. Petersburg) has been approved to enter the Association of Marine and River Bunker Suppliers according to the decision taken on December 4 by the Association Board of Directors, PortNews IAA learnt from (AMRBS). NEFTEHIM Ltd. was founded in November, 2000 in Vyborg (Leningrad region) as an oil trading company and in a short per...
Russian President Dmitry Medvedev has signed into law amendments to existing federal legislation on customs tariffs. The document was adopted by the State Duma on November 21 and approved by the Federation Council on November 26, the Russian leader's press office reported today according to RBC. The new law reduces the oil price monitoring period ...
Gazprom (RTS: GAZP) plans to spend approximately 80 billion rubles building the overland section of the Nord Stream gas pipeline in 2009, Valery Golubev, the Russian gas giant's deputy CEO, told reporters according to Interfax. We're probably looking at 80 billion rubles, Golubev said. Next year's costs could be adjusted because Gaz...
The Iranian Ambassador Mashallah Shakiri here on Thursday said that Iran is interested in establishment of Pak-Iran Shipping Company in joint venture. The Iranian ambassador here on Thursday called on the Federal Minister for industries and Production Mian Manzoor Ahmed Wattoo and discussed matters regarding promotion of business ties between the two...
Hong Kong-based container ship operator Orient Overseas (International) Ltd (OOIL) says the outlook for the industry next year is grim due to overcapacity and weak demand, as a global financial crisis dampens trade. "The outlook is very pessimistic next year," Chairman Tung Chee Chen told Reuters on the sidelines of the Clinton Global Initiative Conferenc...
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