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On Aug 27 2008 Murmansk Sea Shipping Company OJSC and Atomflot FSUE (Rosatom State Nuclear Energy Corporation) signed an act of competition of procedures for transferring ships with nuclear reactors and nuclear service ships from the trust management of Murmansk Sea Shipping Company into the economic management of Rosatom State Nuclear Energy Corporation,...
Other industries:Stronger dollar creates optimism in the Danish Shipowners’ Association whose objective now is to turn Denmark into the world’s largest seafaring nation. Danish shipping has full speed ahead and the Danish shipping companies are now expecting to secure record-high foreign exchange earnings in 2008. Previously, expectations were set to ...
Plainfield has lured another international corporation to its industrial parks. Schütz Container Systems, a division of the Germany-based Schütz Group, has leased space for a light manufacturing operation in an existing warehouse and distribution building in the Airwest business park. The company is expected to use the new facility to make plastic shi...
Toll Holdings Ltd, Australia's top logistics group, reported a 24 per cent rise in profit from continuing operations yesterday and flagged strong profit growth in fiscal 2009. The company reported an overall net loss of A$695 million (S$844 million) after writing down the value of its stake in airline Virgin Blue Holdings Ltd, which has been hit hard ...
The Ukrainian government on Wednesday passed the decree regulating the crossing of the Ukrainian border by servicemen, naval ships and planes of Russia’s Black Sea Fleet based in Crimea, Ukrainian Defence Minister Yuri Yekhanurov stated according to Itar-Tass. He said the decree ensures the enaction of the decree of President Viktor Yushchenko by all ...
Compagnie Maritime Belge the Antwerp-based maritime group whose principal subsidiary is the dry bulk carrier Bocimar, said it had profit in the first half of 2008 of 133.4 million euro ($195.7 million). That compares to profit of 148.2 million euro in the first half of 2007. Revenue for the first half of 2008 was 242.2 million euro ($355.4 million) co...
A federal judge in Philadelphia has refused to strike down the Coast Guard's interpretation of regulations on construction of ships for the domestic Jones Act trade, thwarting a union challenge on the right of a series of tankers being built at the Aker Philadelphia Shipyard to trade along the U.S. coasts. Judge Gene E.K. Pratter of the U.S. District ...
Denmark's A.P. Moller - Maersk Group intends to create the world's largest product tanker company with an all cash offer of 57 Swedish Kronor ($10.19) per share for Brostr AB of Sweden. The offer, which values the share capital of Brostrat SEK 3.62 billion ($567.4 million), was formally made through Maersk Product Tankers and will be financed by cash ...
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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