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Yangzijiang Shipbuilding Holdings Ltd said it bought back 357,000 of its shares at 0.815 sgd each on the open market yesterday. The Singapore-listed company said it has purchased 19.954 mln shares, or 0.6 pct of its stock, under a buyback program. The shares are being held as treasury stock. Source: http://www.quamnet.com
State-owned Singapore port operator PSA International said on Tuesday its local terminals moved 11.7 percent more containers in the first half of 2008 compared to a year ago. The firm, which operates ports in Singapore and abroad, said on its Web site ( www.singaporepsa.com ) that it handled 14.56 million twenty-foot equivalent units (TEUs), a standar...
COSCO Pacific Ltd said container throughput at its ports rose 23 pct year-on-year to 4.0 mln 20-foot-equivalent units (TEUs) in June. Throughput in the first six months of the year rose 22.7 pct to 22.1 mln TEUs from a year earlier, it said. The mainland-based container terminal operator currently operates or controls 16 terminals in China, includ...
Singapore-listed Chinese shipbuilding firm COSCO Corporation said on Tuesday that a unit had signed letters of intent to build two deep-water rigs for Norway's Sevan Marine. The Norwegian firm also took options for another six rigs. COSCO Singapore did not say how much the deal was worth. Source: http://www.reuters.com
ZIM Rio Grande, a new 4250 TEU’s vessel build in Samsung Heavy Industries shipyard in Korea, has been delivered to ZIM at Koje, Korea, on July 6th, 2008. ZIM Rio Grande is the first out of a series of 8 similar long-term chartered newly-built vessels, to be delivered over the coming months, with the 8th vessel scheduled for delivery on June 2009. ...
Russian Maritime Register of Shipping (RS) shows growth of shipowners’ satisfaction index. For over 10 years RS has been performing annual self-assessment based upon European Foundation for Quality Management Excellence Model. The self-assessment enables RS to enhance the quality of the services rendered as well as to introduce new services according ...
On Saturday 12 July 2008 Odense Steel Shipyard presented its latest newbuilding, a 7,000 TEU container ship, for the A.P. Moller - Maersk Group. Mrs Lolita Tsai-Lange, married to Mr Reinhard Lange, Deputy Chief Executive Officer and Chief Operating Officer, Sea & Air Logistics, Kuehne + Nagel International AG, honoured A.P. Moller – Maersk and the Ya...
Inchcape Shipping Services has appointed Peter Andersen as director, partnership sales, based in the United Kingdom. Andersen joins ISS from Trigonal Ltd., a shipping software firm he co-founded with partners in 2003. Prior to this he worked for Strategic Software and ShipDesk in senior marketing and business development roles. His career also...
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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