Hanjin Shipping has announced yesterday that it is launching a dedicated feeder service between Korea and Japan starting from August 24th, 2008. KJS (Korea-Japan Service) is a dedicated feeder service in which one 400 TEU vessel will rotate between Busan-Tokyo-Osaka-Busan once a week. The main purpose of this service includes promoting sales within Asia...
Classification society DNV provides further details of Brazilian mining giant Vale's previously reported order for 12 VLOCs of 400,000dwt each from Rongsheng Heavy Industries (RSHI) in China, which it describes as the world’s largest shipbuilding order ever in terms of total deadweight tonnes. DNV has been selected to class all 12 vessels. The ore car...
German-based tourism and shipping company TUI AG said Thursday that it lost €55.6 million (US$82.9 million) in the second quarter because of costs from the realignment of its charter air travel operations. The loss compared with a profit of €58.9 million (US$87.8 million) a year earlier and was compounded by the rising euro and currency fluctuations o...
Hong Kong-based COSCO International Holdings Ltd announced that its controlling shareholder COSCO Hong Kong Group raised its shareholding in the company to 58.03% from the previous 57.9%. According to the company's filing with the Hong Kong Stock Exchange, COSCO Hong Kong, which is a wholly owned subsidiary of state-owned China Ocean Shipping (Group) ...
Royal Dutch Shell plc may receive its third liquefied natural gas cargo at its import terminal in India this month, according to AISLive ship-tracking data compiled by Bloomberg. LNG Borno, a 149,600 cubic-metre capacity tanker, may reach Hazira terminal on Aug 25 and was last reported at Nigeria's Bonny LNG terminal on June 7, according to the data. ...
Nanjing Tanker Corp signs Yuan100m ($14.5m) shipping contract with China Petrochemical Corp (Sinopec) and mulls Yuan1.08bn newbuilding order for four 24,000 dwt tankers. The Shanghai-listed tanker and specialised vessel operator said on Friday that it has sealed a deal with Sinopec to ship at least 1m tonnes of product oil for the energy group from Ju...
Famous Pacific Shipping (FPS) has established a new office in Zhongshan to complement its string of already-established branches in Mainland China. Zhongshan is close to Hong Kong and Macau, which it has used to its advantage in its economic development, especially in the manufacturing industries. Famous Pacific Shipping has has branch offices through...
The port of Singapore is likely to achieve another record year in terms of shipping tonnage, according to the Maritime and Port Authority of Singapore (MPA). Shipping tonnage, which refers to the total size of vessel arrivals, in Singapore so far this year has reached over 1 billion gross tonnes (GT), following a port-call by an APL Australia containe...
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