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Media
Evergreen Marine Corp has been named Best Shipping Line -Intra Asia for the fourth consecutive year at the 22nd Asian Freight and Supply Chain Awards (AFSCAs). Patrick Phoon, Vice Chairman, Evergreen Shipping Agency (Singapore) Pte Ltd accepted the award on behalf of Evergreen from Caesar Yiu (Director, Global Leasing) Thermo King at a ceremony at Si...
TKMS Blohm+Voss Nordseewerke, a company of ThyssenKrupp Marine Systems, has won the order for the construction of another two 3,400 TEU container ships. Both ships will be built at the Emden shipyard and are scheduled for delivery in 2010 and 2011. With this order, TKMS Blohm+Voss Nordseewerke now has contracts for eight ships of the new 3,400 TEU series....
Hyundai Heavy Industries broke ground for Gunsan Shipyard on May 7, 2008. Gunsan will join Ulsan and Yeongam as the third Hyundai Heavy Industries (HHI) shipyard. HHI will invest KRW 1.2 trillion in the 1.8 million square meters shipyard. With an annual shipbuilding capacity of 28 ships, and annual sales expected to reach KRW 2.8 trillion, the shipy...
Shipping companies allegedly conspired to inflate prices for transporting goods to Puerto Rico and added illegal surcharges, according to an antitrust lawsuit filed in the island's U.S. District Court. The suit seeks unspecified damages from several U.S. companies, and it comes amid an FBI investigation into pricing practices of ocean carriers operatin...
Kochi, May 8 Shreyas Shipping Logistics Ltd, the logistics division of shipping conglomerate the Transworld Group, has formalised an exclusive contract with Maruti Udyog Ltd for the movement of Maruti cars to Kerala through the coastal shipping mode. The company, which started moving cars on a trial basis from the Gurgaon factory to the Kochi port, ha...
Shares of Eagle Bulk Shipping Inc. leapt more than 12 percent Wednesday, after the drybulk shipper reported soaring first-quarter earnings on higher charter rates and signed a vessel to a more lucrative contract. The company said its first-quarter earnings jumped 69 percent as it grew its fleet size and took advantage of strong demand for drybulk ves...
Singapore industrial conglomerate Keppel Corp. said on Wednesday its unit Keppel Singmarine Pte Ltd. has won two shipbuilding contracts worth S$210 million ($155.6 million). Keppel Singmarine will build a derrick pipelay vessel for Global Offshore International Ltd, a unit of U.S.-listed Global Industries Ltd. In a separate deal, Keppel Singmari...
Zvezda OJSC (Petersburg) plans to subcontract 70% of its works valued at RUR 640 mln per year, the company informs according to RBC. It will enable the company to focus its efforts on the development of the company’s key activities and to decrease cost-price and raise the quality of its goods due to cooperation with specialized companies thus improving th...
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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