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China's Shenzhen Chiwan Wharf Holdings container throughput in October fell 19.4 per cent year on year to 444,000 TEU, reports XFN-ASIA. In a statement filed with the Shenzhen Stock Exchange, the port operator said it had suffered a 7.9 per cent decline in cargo volume in October compared to the same month the previous year to handle a total of 4.744 ...
Norden has agreed to sell 3 dry cargo vessels. The gross sales price amounts to a total of USD 85.8 million, and the total profit amounts to USD 15.5 million. The vessels in question are the Panamax bulkcarrier NORD SUN (76,830 dwt, built in 2004), the Handymax bulkcarrier NORDHOLT (55,697 dwt, built in 2005) and the Panamax bulkcarrier NORD SATURN (...
Rio Tinto Group, the world’s second-largest iron-ore supplier, said the global slowdown in demand won’t hinder its $315-million purchase of three ships. “The very large ore carriers we have on order will deliver from late 2012,” Amanda Buckley, spokeswoman for the London-based company, said on Wednesday in an e-mail. “We are committed to these vessels bec...
TOUAX Group is very pleased to announce that its subsidiary Gold Container Investment finalized the acquisition of a container fleet from C & Container Leasing Co. Ltd. The acquired portfolio consists of 16 350 teus (twenty-foot equivalent units) of standardized 20', 40' and 40' HC containers that are less than 2 years old and are leased on a long te...
Bahrain has awarded a contract to Abu Dhabi Ship Building Company for four landing craft to be used by its naval forces. The new contract is for the construction of two 42-metre steel landing craft and two 16-metre landing craft made of composite materials, said officials. The work will be undertaken at its Mussafah shipyard, they added. The s...
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...
Kawasaki Kisen Kaisha, Ltd., Tokyo (hereinafter called K Line) announced that an agreement was reached with Korea Western Power Co., Ltd., (hereinafter called KOWEPO), a Seoul-based power generation company, for a 10-year consecutive voyage charter (CVC) of a Cape-size bulk-carrier. The outline of the charter agreement is as per below: Agreement: ...
State-run Shipping Corp. of India has deployed four new 4,400-TEU vessels in its IndFex1 service, which it operates with K Line and PIL. The service links Nhava Sheva and Colombo with Klang, Singapore, Hong Kong, Shanghai and Busan, with a 16-day transit time from India to South Korea and a 35-day round trip. SCI is India's biggest shipping line b...
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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