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Media
April 3 marked another milestone in the rapid development of Chinese shipbuilding capacity as, at separate ceremonies, two of the nation’s shipbuilders delivered the first LNG carrier to be built in China and the largest containership to emerge from a Chinese shipyard. Both of these historic first shipbuilding projects were completed to ABS class standard...
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...
Wartsila and Zhenjiang CME Co Ltd (CME) have today jointly signed a licence agreement for the manufacture and sale of Wartsila RT-flex low-speed marine diesel engines by CME in China. The agreement grants CME the right to manufacture all sizes of Wartsila RT-flex modern low-speed engine types at its new factory in Zhenjiang. However, CME will focus o...
The New World Alliance (TNWA) carriers – APL, Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines (MOL) – and CMA CGM have announced a new joint West Mediterranean (MED) service starting 26 April. The new service offers shippers access and fast transit times to the growing Middle East and Mediterranean regions. Eight vessels will be deployed o...
Mumbai-based ABG Shipyard Ltd—the country’s biggest private shipbuilder—is trying to raise $ 200 million by means of a share sale to part-finance the setting up of a third shipyard and to expand its facility in Dahej. Negotiations in this regard are going on, it is understood, Exim News Service reported. Mr Rishi Agarwal, Managing Director, ABG, e...
The Ocean Shipping Reform Act requirement to file public tariffs with the U.S. Federal Maritime Commission is widely viewed by liner carriers and non-vessel-operating common carriers as a costly administrative exercise which offers little value to today's shippers. FMC Commissioner Rebecca Dye is aware of this industry view, and says it's time for th...
The United Nations Commission on International Trade Law has recently posted the Report of UNITRAL Working Group III on its Web sitedaccessdds.un.org/doc/UNDOC/GEN/V08/507/44/PDF/V0850744.pdf?OpenElement. Dennis L. Bryant, an attorney with Holland & Knight said the report, starting at page 60, contains the present and probably final form of the Draft ...
The Grand Alliance of Hapag-Lloyd, MISC Berhad, NYK and OOCL will next week start a new Asia/North Europe service called EU5, while also making changes to two existing services in the trade. The first sailings of the weekly EU5 are scheduled for week 16 westbound and week 20 eastbound. The service will operate with eight vessels of about 5,500 TEUs on...
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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