Golden Ocean Group Limited took delivery of the second capesize newbuilding contracted in December 2006 from Daehan Shipbuilding Co., South Korea. As announced on January 8, 2008 the vessel is sold to a third party and the vessel is now successfully delivered to the buyer. The transaction will give a positive result of approximately $46 million, and ...
Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader providing global energy transportation services, announced that Morten Arntzen, President and Chief Executive Officer, will present at the Jefferies 5th Annual Shipping, Logistics & Offshore Services Conference on Tuesday, September 16, 2008 at 2:45 p.m. ET. The conference will be held in New Y...
Aker Solutions announced organizational changes in its Subsea and Products & Technologies business areas. It also announced changes in the company's executive management team. The changes involve an integration of Aker Marine Contractors, Aker Well Service and Aker Geo into the Subsea business area. In combination with our ownership and cooperation with ...
YICT and the Yangjiang municipal government have signed the Yangjiang-Yantian Barge Service agreement, under which export goods from Yangjiang can be shipped to Yantian via regular barge services. By using YICT's frequent European and North American services and efficient port services, Yangjiang's export industry now has a more economical logistics ...
Attendees at the Project Professionals Group annual conference in Aarhus, Denmark, have left the event optimistic about the future of the project cargo industry, particularly the transportation of oversize, heavy-lift freight. More than 110 logistics experts from 55 countries attended the conference for project freight forwarders from August 27-31, 20...
South Korea will invite foreign investment in the sale of government shares in Daewoo Shipbuilding & Marine Engineering and other domestic firms to boost foreign currency liquidity. According to reports, the government said it will make every effort to attract an appropriate level of foreign investment in the process of selling shares in restructuring...
Aker Yards has appointed Sang-Ho Shin as Chief Operating Officer (COO). Shin comes from a position as vice president of STX Shipbuilding in Korea, where he has been chief for the Jinhae shipyard. Sang-Ho Shin has held several senior management positions within the STX group since 1980, and has a university education within industrial strategy and mechan...
Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, announced that Korea Line Corporation has joined Clean Products International (CPI), a commercial pool formed in 2006 by OSG and Ultragas Group. The CPI pool is geographically focused on trading refined petroleum products in the Americas and now tota...
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