On the 10 January the global container shipping industry launched a major public awareness drive with the formation of The Container Shipping Information Service. Its aim is to increase public understanding and appreciation worldwide of the benefits and impact this industry has on daily life. Formed by 24 of the world’s leading container shipping comp...
1/10/2008 1:21:49 PM OceanFreight Inc. (OCNF) announced that it has agreed to acquire a 1996 built 149,085 dwt double-hull Suezmax tanker from interests associated with George Economou for $65 million, thereby expanding its fleet to eleven vessels. This vessel will be delivered to OceanFreight within January 2008 and will operate for a limited period o...
Last month East Timorese ship officer Gina Soares Turquel de Jesus graduated at the PNG Maritime College in Madang after a year of studies. She was the only female officer amongst male colleagues from PNG, East Timor and the South Pacific Islands aspiring for higher qualifications from this fast expanding maritime institution. Gina, a Mate Three o...
Chennai, Jan. 10 Larsen & Toubro’s proposal to put up an integrated ship building yard and port has got the green signal from the Tamil Nadu Government. The facility will come up at Ennore, north of Chennai, with an investment of over Rs 2,000 crore. The Tamil Nadu Cabinet approved the project on Thursday, according to reliable sources. The Tamil Nadu ...
Mumbai, Jan. 10 Bharati Shipyard said on Thursday that it would be setting up a new shipbuilding yard at Usgaon near Dabhol port in Maharashtra, at an estimated cost of Rs 600 crore. The proposed yard, which will have the capacity to build up to 1-lakh DWT vessels in the first phase, is scheduled to be completed in two years. The yard would be spread o...
Chief of Naval Operations (CNO) Adm. Gary Roughead left the Pentagon, Jan. 7 on an eight-day trip to visit private and public shipyards throughout the U.S. As detailed in the 2007-2008 CNO Guidance, building the Navy's future fleet is a top priority. This trip will serve to deepen Roughead's understanding of the shipbuilding industry and help inform shi...
Danaos Corporation announced that it has signed an agreement with YML to re-charter the YM Milano, a 3,100 TEU containership, for a period of 3 years beginning immediately after its current employment starting July 2008 at an improved fixed charter rate. The vessel will trade in the Asia region. "We are very pleased to have arranged this charter with Y...
Ahmedabad, Jan. 9 DP World (DPW), which has suffered a major setback with Gujarat High Court upholding Gujarat Maritime Board (GMB) decision to terminate DPW’s sub-concession agreement to run the first container terminal at Mundra International Container Terminal (MICT), has decided to go ahead with its India plans involving a further investment of $500 m...
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