Shipping News

China Cosco Holdings Orders NineMay 5, 2008

China Cosco Holdings Co (CCHC) says the nine 57,000-bulkers ordered at Cosco Shipyard Group will cost it $348.9m, or $38.7m each. CCHC confirmed that Cosco HK Shipping will acquire six of the ships, while the remaining three will go to Cosco Bulk. Deliveries will be swift with CCHC saying it expects the nine supramax bulkers to be handed over between M...

Russia and the Ukraine to Be Jointed May 5, 2008

Both Governments – the Russia’s and the Ukrainian – have entrusted to the Ministries of Transport of two countries to prepare a proposal on building of the bridge across the Kerch Strait, RIA Novosti reports quoting Viktor Zubkov, the prime minister of Russia. Due to the preliminary estimates, the project will cost $480 mn. The length of the bridge ...

Change of Management May 5, 2008

Today at the Annual General Meeting in A.P. Moller Maersk Sir John Bond (chairman of Vodafone Group Plc.), Mr. Lars Pallesen (rector at the Technical University of Denmark) and Mr. John Axel Poulsen (captain in A.P. Moller Maersk) were elected as new members of the Board of Directors of   A.P. Moller Maersk. According to the press-service of the compan...

Appointments in Russian Maritime Register of Shipping May 5, 2008

Valery Zlygostev was appointed as the manager of the RS Branch for Nuclear Ships, the press-service of the Russian Maritime Register of Shipping reports. V.Zlygostev joined RS in 1993 and was promoted from a principal surveyor to a deputy manager of the RS Branch for Nuclear Ships. RS Branch for Nuclear Ships was established in 1969. The Branch pe...

Kuehne+Nagel to Pay DividendsMay 5, 2008

On April, 30 during the annual general meeting of Kuehne+Nagel International AG all proposals were approved by a clear majority. According to the press-service of the company the shareholders approved the annual report, the financial statements and consolidated financial statements for 2007 and endorsed the Board of Director’s recommendation to increa...

Vessel for Eestinova OU May 5, 2008

On April, 28 the Onega shipyard rolled out a tanker aft and a fore body of the second dry cargo vessel in a series “Emi Leader”. The customer of the vessel is Eestinova OU. It is expected that the vessel will be launched in August 2008 and delivered to the customer in 2009. The project of the vessel was worked out by the Maritime Engineering B...

Cargo Turnover of Qingdao May 5, 2008

The 4 months’ result By the first 4 months’ result cargo turnover of the port of Qingdao totaled 100.12 mn tons. This figure is a 15% plus over the last year same period result, Xinhua reports. It is expected that at the end of 2008 cargo turnover of the port will amount to 300 mn tons. Source: Seanews  

ITC, VLCC to train victims of trafficking: MinistryMay 5, 2008

New Delhi, May 2: The Ministry of Women and Child Development has signed a Memorandum of Understanding with the ITC group and the VLCC to provide training to destitute women. A pilot project — where the ITC will impart training in hospitality and VLCC will give them training in beauty and fitness — has started in Hyderabad. Apparel firms have also offered...

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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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