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South Korea's STX Shipbuilding Co said on Thursday it had secured a 209.6 billion won ($154.7 million) order from Europe to build a very large crude carrier (VLCC) for an unidentified shipper from Europe. In a disclosure with the Korea Exchange, STX said it would complete delivery by the end of November, 2011. Source: http://economi...
The Russian Baltic Fleet’s escort ship Neustrashimy and the British HMS frigate Cumberland repelled a pirate attack on a Danish vessel in the Gulf of Aden on Wednesday according to Itar-Tass. The Russian Navy Commander-in-Chief’s information aide, captain 1st Rank Igor Dygalo said the report from the Neustrashimy had been received by the Main Staff of...
Hyundai Mipo Dockyard has signed a $408m order that revises a 2007 contract to reflect changes to ship types, writes Reuters. The South Korean shipbuilder had initially won a $373m order for eight container ships from an unidentified European company in September 2007. The new contract now calls for the shipbuilder to deliver two container ships, two ...
Danish shipping giant AP Moller-Maersk saw its revenue, in US$ dollar terms, increase by 28% in the nine months of this year, “mainly due to significantly higher average oil prices and a higher share of oil production, as well as higher freight rates and volumes in the container activities”. Net profit for the period was $3.6bn, compared to $2.6bn in the ...
The number of containers handled by Singapore's ports continued to decline with 2.52 million standard containers throughput in October, down from 2.55 million in the previous month, according to data released by the Maritime and Port Authority of Singapore on Thursday. The decline was due to the global economic slowdown and less demand from major mark...
TUI Cruises has awarded the Lloyd Shipyards in Bremerhaven, Germany, with the contract to refit the first ship of its new cruise brand. In March 2009, the ship that is currently operating for Celebrity Cruises as the Galaxy, will undergo a thorough conversion. The total conversion investment will be €50 million. The ship will dock in Bremerhaven in m...
K Line said Thursday it has agreed to a deal with Korea Western Power Co. for a 10-year consecutive voyage charter (CVC) of a capesize bulk carrier, beginning the first quarter of 2009. The charter will see the Japanese carrier transport bituminous coal for electric power generation from Australia, South Africa, Indonesia and Canada to South...
JSC Novoship (Novorossiysk Shipping Company) has taken delivery of a new product carrier NS Parade, built at SLS Shipbuilding Со., Ltd., Korea., Novoship press center reports. The tanker is designed to carry up to 6 various types of cargo, including light oil and chemical products, simultaneously. NS Point is of 40 000 DWT, its LOA is 176 m, moulded br...
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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