Shipping News

Subic shipyard acquires new equipment Mar 31, 2008

SUBIC BAY FREEPORT Subic-based company offering vessel-repair services has acquired another dry-docking facility to better serve its growing list of local and foreign customers. Subic Drydock Corp. (SubicDock) recently purchased a smaller drydock, allowing the company to repair smaller vessels preferred by local shipping operators. Besides owning...

WTSA to expand fuel cost recovery effortMar 28, 2008

Member shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) have announced a schedule of recommended quarterly increases in their bunker fuel surcharges, aimed at restoring their existing bunker fuel surcharges to guideline levels that more accurately reflect rising marine fuel costs. In February, WTSA members announced a guidel...

ESPMC-WITASS reducing Puerto Cabello congestion charge Mar 28, 2008

Container lines in the ESPMC-WITASS conference, covering the Europe/Caribbean/South America trade, will lower their congestion surcharge for Puerto Cabello, Venezuela, effective April 1. The revised surcharge, applicable to both northbound and southbound shipments, will be 40 euros/$59 per TEU (from 64 euros/$89 per TEU) and 80 euros/$118 per FEU (fro...

FESCO Launched New Service from QingdaoMar 28, 2008

On March, 7 FESCO’s vessel  “Voyager” opened a regular service from Qingdao in the framework of the existing line  - FESCO - China Direct Line (North).  According to the press-service of FESCO, earlier the port rotation was the following: Vostochy— Vladivostok — Shanghai — Tianjin — Vostochny — Vladivostok. Besides, FESCO is planning to open a brunch of F...

Especially for Containers Mar 28, 2008

During the session of the Khabarovsk Economic Council a project of a new international transport corridor "Kharbin – Bolshoy-Ussuriysky Island - Vanino" was discussed, PrimaMedia reports. It is said that the new international car corridor can be built especially for containers. Cargo turnover could amount to 4 mn tons annually. The project cost is v...

France urges ‘European solution's for shipbuildersMar 28, 2008

MOVES to secure a government-backed European solution for cruise and ferry shipbuilding appear to be progressing swiftly. Sources within the Finnish government have told Lloyd’s List that the French president’s office has approached them in connection with talks on securing European cruise and ferry shipbuilding. Source: Seanews      

CSCL, OOCL and ANL to Upgrade Their Service Mar 28, 2008

China Shipping Container Line (CSCL), Orient Overseas Container Line (OOCL) and ANL Singapore Pte Ltd (ANL) have announced that they will upgrade their ANL/ ACE North Asia (AANA) service on the Japan, Korea, China (including Taiwan) route to Australia. According to the press-service of OOCL, the upgraded AANA service will operate from May with five 4,...

Former ship-yard worker nets £192m Mar 28, 2008

A Russian metals magnate and friend of Roman Abramovich has added £192m to his fortune after the £749m sale of his metals business Alexander Nesis, the former ship-yard worker turned metals magnate, stands to make about £192m from his stake in Oriel Resources, a chrome producer being bought by stainless steel maker Mechel for almost $1.5bn. Nesis, ...

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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