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Media
Broström held its Annual General Meeting at the Lorensbergsteatern in Göteborg on Tuesday 29 April. The Annual General Meeting was well-attended with more than 400 persons present. CEO's speech - Broström, a global actor CEO Lennart Simonsson's speech was on the subject Broström, a global actor. Concerning the market Lennart Simonsson stressed th...
Independence of the Seas can carry 4,375 passengers One of the world's largest cruise ships is being officially named. The 160,000-tonne Independence of the Seas, which will sail to and from Southampton all summer, will be named in the city at 1630 BST. Built in Finland, the £400m ship equals the size of owner Royal Caribbean's two other...
Bharati Shipyard reported a 6.18% increase in its fourth-quarter earnings at Rs 326.51 million compared with Rs 307.51 million in the corresponding quarter, a year ago. Net sales rose 62% to Rs 2,064.05 million for the fourth quarter ended Mar. 31, 2008 as against Rs 1,274.09 million in the corresponding quarter, a year ago. Total income also rose ...
Frontline Ltd. has ordered four 320,000-deadweight-ton very large crude carriers from China's Zhoushan Jinhaiwan Shipyard Co. Ltd. for an undisclosed amount. The Bermuda-registered tanker company has also secured options for two similar VLCC newbuildings at a fixed price. The ordering of the tonnage has been done as a function of a positive market...
Seaspan Corp., which builds and purchases containerships and then leases them to liner companies, reported a first quarter net loss of $37.7 million, compared to a profit of $14.7 million in the same 2007 period. Revenue for the quarter was $54.2 million compared to $41.2 million in the same 2007 period. The company said the results reflected a no...
A meat packing company has filed a class action lawsuit against the four major liner carriers operating between the U.S. mainland and Puerto Rico. Century Packing Corp. on April 22 filed the case, which claims unlawful price setting in violation of the Sherman Act and asks for treble damages, in the U.S. District Court for the District of Puerto Rico ...
Shipping portal INTTRA said Jeff Pattison has joined the company as chief information officer. He will be responsible for the technology that powers INTTRA's e-commerce tools and the work processes that create and sustain it, including research, design, engineering and development of the product line. Pattison was vice president of app...
Neptune Orient Lines, parent company of APL, said container shipping volumes and rates continue to see double-digit increases over comparable 2007 figures, according to its latest operational update. For the four weeks ending April 4, NOL said the company handled the equivalent of 396,600 TEUs, 13 percent more than in the comparable 2007 period. Avera...
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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