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THE European Community Shipowners' Association (ECSA) says forecast growth of maritime 3.8 % increase in 2008, down from 4.7% in 2007, “seems optimistic”. ECSA notes, as it releases it annual report, that European shipping maintained its leading position with an EEA controlled share of the global merchant fleet of over 40 %. Commenting on the developm...
Some CNY1.46 billion (US$213 million) has been invested in completing shipping infrastructure in Guangxi province in the first half of the year, more than 40 per cent more than spent in the same period last year, reported Xinhua. The big job was the creation of a shipping channel with a 100,000-tonne capacity in the west bay of Fangcheng port in the B...
INTTRA, the carrier-owned e-commerce platform, has opened an expanded office in Hong Kong after posting a 50 per cent year-on-year growth in the Asia Pacific region with an addition of 5,500 customers, the company announced. Shipping lines jointly own INTTRA and pay US$6 for each container the platform processes, said INTTRA chief executive Ken Bloom....
Shandong has launched a container service from Jining to Yangzhou on the Grand Canal, which is the first container service on the province's inland waterway, reports Xinhua. The transport cost of the service is 40 per cent less than that of road transport. The route starts from Jining port and ends at Yangzhou port alongside the Grand Canal southwards...
BL quoted Mr S Hajara CMD of SCI as saying that Shipping Corporation of India expects to firm up its plans for setting up JV for ship building by this year end. Mr Hajara said that “We expect to firm up our plans for setting up 1 to 2 shipyards by December this year. The partner could be Indian or foreign.” SCI is in talks with various companies f...
Hamburg-based Fairplay Towage and Dutch towage and salvage specialist Multraship have jointly launched a new company to provide towage services in Antwerp, the companies said Thursday. Antwerp Towage NV, a 50-50 joint venture between Fairplay and Multraship, is the first new initiative launched by the two companies since August, when Fairplay took a 5...
British classification society Lloyds Register said there is a need for new containership designs that will allow vessels to operate at a variety of speeds. Altering operational speed has substantial implications for both hull forms (slower ships can be boxier and, therefore, roomier) and for propulsion systems, it explained. High or volatile oil ...
Groups representing ship owners and seafarers have made what they characterized as a a crisis call to the United Nations and its International Maritime Organization requesting real and immediate action against brazen acts of piracy, kidnapping and armed robbery, carried out with increasing frequency against ships in the Gulf of Aden, by pirates based in S...
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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