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The president and CEO of US domestic shipping company Horizon Lines, Chuck Raymond, has given his strong support for legislation introduced in the US Senate that would exempt coastwise shipping of containerized cargo from the Harbor Maintenance Tax (HMT). The legislation, introduced by Senator Frank Lautenberg (NJ), would exempt water carriage of non-...
Poland may appeal to the European Council if the European Commission insists on Polish shipyards paying back more than 1 billion euros in state aid, Prime Minister Donald Tusk said on Thursday. EU Competition Commissioner Neelie Kroes told Poland's treasury minister on Wednesday she had serious doubts about his proposals to address the EU's objections...
BOD of Gazprom Neft OJSC has approved the strategy for development of Gazpromneft Marine Bunker LLC till 2020, the company informs. The main task set by the company is to develop it own port infrastructure comprising bunkering terminals and fuelers and to occupy 30% of Russia’s bunkering market by 2020. Production of bunker fuel complying with inte...
The Russian government is discussing the possibility of acquiring Oman's stake in the Caspian Pipeline Consortium (CPC), Igor Sechin told journalists today ac RBC. He added that Russia had already made a proposal and that the matter was currently under discussion. The rumors that Oman plans to sell its stake in CPC have been around since early 2007. Th...
Maersk Line and its sister company MCC Transport will start a weekly intra-Asia service linking China with Singapore, Malaysia and Indonesia from Shanghai on July 21. The Intra Asia Service 4 (IA-4) will have a round trip of 21 days and port rotation of Shanghai, Ningbo, Shekou, Singapore, Port Kelang (Northport and Westport), Jakarta, Hong Kong and b...
Overall tonnage of Indian-flagged vessels has fallen from a high of 9 million gross tons to 8.84 million gross tons as of June 1, reports the Economic Times of India. In terms of ships, rather than tonnage, Indian-flagged ships have plummeted from 40 per cent to 11.8 per cent since 2000, according to MK Banger, a marine consultant for the Maharashtra ...
A French company will invest EUR 500 million into the shipyard in the Bulgarian seaside city of Varna, France and Germany’s honorary consul in Bulgaria Nedyalko Nedelchev told Focus – Varna Radio. The intergovernmental strategic cooperation agreement signed between France and Bulgaria on July 4th during Prime Minister Sergey Stanishev’s visit to Paris...
A.P. Moller - Maersk Group's Odense Steel Shipyard in Denmark on Saturday delivered the third in a series of 7,000-TEU containerships for use by Maersk Line. The Maren Maersk was named by Lolita Tsai-Lange, wife of Reinhard Lange, Kuehne + Nagel's deputy chief executive officer and chief operating officer for sea and air logistics. Source: Americ...
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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