Shipping News

Two ships collide in Germany leaving large oil slickJul 21, 2008

Firefighters in northern Germany say more than 400,000 litres of diesel fuel have leaked into the Elbe River after two ships collided there. Peter Braun of Hamburg firefighters says more than 100 people are working to stem the spread of the oil slick that runs for kilometres down the river. The slick poses no threat to people but authorities say it is...

China’s Jiangsu New Yangzi wins $120m order for bulkersJul 21, 2008

China’s Jiangsu New Yangzi Shipbuilding Co has won orders worth more than $120m in total for two post-panamax vessels from electricity group Guangdong Yudean Group. The two 92,500 dwt vessels are expected to be delivered between June and August next year and each vessel costs more than $60m, the buyer told Lloyd’s List. Guangdong Yudean Group has ...

New shipping rule may hit Indian offshore operationsJul 21, 2008

India's leading oil and gas players say they may be forced to halt offshore operations because of new rules issued by the country's federal shipping ministry. In May, the Directorate-General of Shipping (DGS) placed an operational embargo on all vessels more than 25 years old. But Oil and Natural Gas Corporation (ONGC) uses more than 100 such vess...

LNG focus bringing name change for NYK Bulkship (Europe) Jul 21, 2008

NYK Bulkship (Europe) Ltd., a subsidiary of Japan抯 NYK Group, said it will change its name Aug. 1 to NYK LNG (Atlantic) Ltd. The company said the change is being made to recognize its dedication to liquefied natural gas and disposal of non-LNG tonnage to another NYK unit as well as the geographical focus of its activities from west of Suez to the Unit...

Germanischer Lloyd adds Fuzhou office, names China technical manager ...Jul 21, 2008

Classification society Germanischer Lloyd said Friday it has opened a new liaison office in Fuzhou, China to meet the increasing demand for classificatory services in that region. GL already operates from offices in Shanghai (its base in China), Dalian, Jiangyin, Nanjing, Ningbo, Wuhan, Guangzhou, Hong Kong, Kaohsiung, Qingdao and Yangzhou. The Ge...

Genco receives Supramax bulker Jul 21, 2008

New York-listed Genco Shipping & Trading Ltd. has taken delivery of the second of three dry bulk vessels the company is buying from Bocimar International N.V. and Delphis N.V. The Genco Cavalier is a 2007-built Supramax vessel and is expected to be delivered Saturday to its charterer, Samsun Logix Corp., to commence a time charter for 24 to 26.5 month...

Europe West Indies Lines files for bankruptcy Jul 21, 2008

Rotterdam-based Europe West-Indi Lijnen (Europe West Indies Lines) has filed for bankruptcy after failing with various takeover negotiations, reports Dutch shipping analysts Dynamar. The report cited mounting debts, the fall of the U.S. dollar, spiraling fuel costs and the end of an agreement with banana company Fyffes as the reasons behind the demise...

STX swoops in to buy Aker Yards Jul 21, 2008

South Korea's STX Corp. has made a mandatory offer for all the issued shares in Aker Yards ASA of NOK 63 per share after increasing its shareholding in the Norwegian shipyard above 40 percent. Aker said its board of directors were not advised of the details of the bid prior to the offering to the market and other shareholders. In response Aker said it...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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