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PSA Singapore has reported a 12.1% year-on-year growth in the volume of containers handled in the year to date. It said its domestic terminals handled 7.12m-teu between January and March 2008 against 6.36m-teu in the same period last year. PSA, which operates both foreign and domestic facilities, stopped disclosing throughput figures for its overs...
Introduces improved service to Venezuela and its own dedicated feeder on the River Plate. ZIM announced as part of its ongoing efforts to enhance its services, the following improvements to its services in South America: ZIM South America Express Service (SAX) now calls Puerto Cabello in Venezuela directly after Kingston, Jamaica, as its second port o...
Seaspan Corporation announced the pricing of 7,663,300 common shares at a public offering price of $27.25 per share. This amount includes 7,000,000 common shares to be sold in an underwritten public offering and 663,300 shares to be sold directly to certain executive officers and directors of the Company, certain affiliates of the Company's manager and ce...
As part of its active portfolio management activities, ThyssenKrupp Technologies is selling the Rendsburg/ Germany-based shipyard Nobiskrug GmbH. Nobiskrug, a subsidiary of ThyssenKrupp Marine Systems, has 400 employees and generated sales of 81 million euros in fiscal 2006/2007. The buyer, Guernsey based Eagle River Capital Ltd., is part of a group o...
A joint development project conducted by ABS, BMT Fleet Technology and Hyundai Heavy Industries (HHI) investigating the structural integrity of cargo containment systems under different ice impact scenarios has just been completed leading to recommendations and guidance for these containment systems operating in ice conditions. The study’s completi...
Shareholders of Quintana Maritime Ltd. have approved a merger with Excel Maritime Carriers in a cash and stock deal, Under terms of the deal, Quintana shareholders will receive $13 in cash and just over 0.4 of an Excel share for each Quintana share they hold, in a deal that the companies said was valued at $2.45 billion when it was announced. Both...
Israel-based ocean carrier Zim Integrated Shipping has made two changes to its South America services, the company said Monday. Zim's South America Express Service (SAX) will now call Puerto Cabello in Venezuela directly after Kingston, Jamaica, as its second port on its southbound voyage in order to better serve cargoes bound to Venezuela. The ne...
Evergreen Shipping Agency (America), North America, the Jersey City, N.J.-based general agent for Evergreen Line, has named two new executive vice presidents. Jay Buckley has been named executive vice president of business, and will oversee all marketing and sales in North America. Louise Yu has been named executive vice president of customer service....
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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