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Shipping regulation should be reviewed with an eye towards examining whether ocean carriers should continue to enjoy antitrust immunity, the Maritime and Coast Guard Subcommittee of the House Committee on Transportation and Infrastructure was told. We believe that Congress should conduct a comprehensive review of the Shipping Act. The international liner ...
Today according to the schedule new PRISCO’s tanker has been launched. Tanker “Zaliv Amurskiy” which had been being built in dry dock during 6 months was undocked and moved to quay wall of HHI shipyard in order to continue other works. This is the second vessel of the series consisting of six ships of 100 000 deadweight each. The new tanker is 1C ice c...
The U.S. Navy has sent a ship to assist in a search for survivors in central Philippines where a ferry carrying over 860 people sank during a typhoon, the national PNA news agency said on Monday according to RIA Novosti. The Japanese-based vessel carrying rescue helicopters is expected to arrive at the disaster scene either on Monday or early Tuesday....
CMA CGM will launch a new service called FAL4 linking Asia and Europe in partnership with China Shipping Container Lines (CSCL) on July 9. The FAL4 will deploy eight 9,700-TEU vessels calling at Shanghai, Xiamen, Yantian, Nansha, Port Kelang, Zeebrugge, Hamburg, Rotterdam and Shanghai. The new service joins existing FAL services on the Asia-Euro...
Neptune Orient Lines, the parent of container carrier APL, is reportedly in talks to arrange a loan of $5 billion to $7 billion to finance an acquisition of Hapag-Lloyd. Both Reuters and the Bloomberg wire service report that Singapore's NOL is seeking to arrange a loan for a purchase of the German steamship line, which is being offered for sale by it...
Bulk shipping company Navios Maritime Holdings said it is sponsoring and will be corporate shareholder of a newly organized "blank check" company formed for the purpose of acquiring one or more assets or operating businesses in the marine transportation and logistics industries. A registration statement for a special purpose acquisition corporation ca...
Taiwan government officials said last week there is likely to be an expansion of shipping links to China following historic talks between the two rivals aimed at easing tension and boosting economic ties, according to a report Friday by news agency AFP. It's the second tangible change in a month under new Taiwanese president Ma Ying-jeou, who rode int...
An engine room fire on a containership off the coast of Alaska was extinguished on Friday, the U.S. Coast Guard reported. The Coast Guard said that its command center in Juneau received a request for assistance shortly after midnight Friday from the 781-foot containership India Lotus. The Maltese-flag ship, with 32 people onboard, was 700 miles so...
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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