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When booking a cruise vacation, the experienced cruise traveler knows that the final cost is never truly the final cost. From shore excursions to spa treatments, there a number of additional options and added on activities that can be included in every cruise vacation. To learn about the basics of shore-side activities, keep reading for great tips on ...
Wednesday, International Shipholding Corp. (ISH) reported net income for the fourth quarter of $3.4 million, lower than $22.4 million in the same quarter last year. Net income available to common stockholders for the latest quarter was $2.81 million, down from $21.76 million in the previous year quarter. On a per share basis, earnings available to ...
China State Shipbuilding Corp, the nation's biggest, posted 14 billion yuan (US$1.9 billion) of profit in 2007 on record demand for vessels. The state-owned group took new orders for 23 million deadweight tons of vessels in 2007, according to a statement on the Website of the China Association of the National Shipbuilding Industry. Source:RamblerN...
Welcome to the "green" age of commercial shipping. A German-made cargo ship will soon set sail, literally. The ship will be carried over the water partly by wind power. The sails are from a German company called SkySails, and they're really more like giant parachutes. Each sail is about the size of a football field. Adam Weiss, from the Current Scie...
A new method for calculating fuel charges introduced by Maersk Line on Monday is part of an initiative by the company to have freight rates for all customers reflect current fuel prices. Today, the company has full floating bunker adjustment factor (BAF) built into only about 55 percent of its business, and only about 10 percent to 15 percent of shipme...
Sea Star Line will maintain its intermodal surcharges in Florida through February, although the carrier said charges will increase for goods moved from some inland U.S. cities to the carrier抯 Florida ports. Sea Star said that for intermodal moves within its Jacksonville and Port Everglades local drayage zones, the Intermodal Fuel Charge (IFC) will rema...
GAC India, part of Dubai-based logistics, shipping, marine and related services provider GAC Group, has opened a 10,000-square-meter offshore logistics support facility 1.5 kilometers from the Port of Kakinada. Cmdr. (Retired) C.V. Rajeswara Rao has been appointed branch manager for the Kakinada site, which provides storage and stacking space for drill...
Maersk Line said Monday it is introducing a new method for calculating fuel surcharges. The world's largest container carrier said the new formula for its floating Bunker Adjustment Factor (BAF) aims to be "simple, fair and transparent" and will allow it to "share and recover the extraordinary costs" that now account nearly half of total vessel costs, ...
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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