On March, 25 Hyundai Heavy Industries laid a keel for a new ship of Aframax type ordered by Primosk Shipping Company. According to the press-service of Russian company, the vessel named Zaliv Amursky of 104 thousand tons deadweight is the second in a series of 6. It is planned that the ship will be delivered to the customer at the end of July 2008...
ANL Singapore Pte Ltd (ANL), China Shipping Container Line (CSCL) and Orient Overseas Container Line (OOCL) have announced that they will upgrade their ANL/ ACE North Asia (AANA) service. The AANA services the vital trade lanes between Japan, Korea, China(including Taiwan), to/from Australia. From May 2008, the upgraded AANA service will operate with...
Another three container shipping lines have joined the European Liner Affairs Association (ELAA) organisation. Pacific International Lines (Pte) Limited, Wan Hai Lines Ltd and Independent Container Line are all now full members of the association, it was announced following a recent association membership meeting in Singapore. The ELAA said the ad...
The International Union of Marine Insurance said there has been a dramatic increase in the number of ship total and partial losses, and the upward trend looks likely to continue. The organization of marine underwriters said statistics released last week indicate that the number of total losses of ships 500 gross tons was 92 in 2006. That's a 37 percen...
Aries Maritime Transport Ltd. said Tuesday it reached agreement to sell two of its five containerships for a total of $40 million. The Athens-based company will sell Energy 1 and MSC Oslo, two 1989-built 2,438-TEU sister ships, to an unnamed, "unrelated third party. It expects to finalize the sales in the second quarter of 2008. The MSC Oslo is charte...
Aker Yards ASA sells 70 percent of the ownership in three of the yards within its business area Merchant Vessels to FLC West, a Russian owned investment company. Aker Yards receives EUR 291.9 million in payment from FLC West. It is expected that the new jointly owned unit will deliver modern vessels to meet the growing demand by Russian companies in hydro...
The U.S. Navy expressed regrets that shots fired by a Navy security team on board a merchant ship chartered by the Military Sealift Command apparently killed an Egyptian man Tuesday morning in an incident at the entrance to the Suez Canal. The sailors on the ship fired warning shots at a boat approaching the ship when it failed to turn away. While the...
ANL Singapore, China Shipping Container Lines and Orient Overseas Container Line are set to introduce bigger and faster ships on to their joint weekly Far East/Australia AANA service. From May, the upgraded AANA service will operate with five 4,250-TEU vessels on a 35-day round-trip voyage calling Yokohama, Osaka, Busan, Qingdao, Shanghai, Ningbo, Hon...
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