The ill-fated container vessel COSCO Busan, which sideswiped a footing of the San Francisco-Oakland Bay Bridge on Nov. 7 and subsequently spilled nearly 60,000 gallons of bunker fuel into Bay Area waters, sailed out of San Francisco Bay Dec. 20 headed for a repair facility in Asia. The Busan transited under the Golden Gate Bridge without incident la...
Shanghai would step up efforts to create a sound environment for domestic and overseas enterprises that contribute to the city's building of an international shipping center, Mayor Han Zheng said yesterday. He made the remarks when meeting a delegation led by Koji Miyahara, president of Tokyo-based Nippon Yusen Kaisha Line Ltd, a leading shipping...
SINGAPORE (Reuters) - Oil was steady above $94 a barrel on Wednesday, although Mexican export terminals reopened following a cold front that had helped fuel pre-holiday gains. U.S. light, sweet crude for February delivery was 5 cents higher at $94.18 a barrel by 1832 EST after gaining 82 cents on Monday. Trading volumes remained particularly thin with ...
From across the ocean Captain John Konrad watches the sunset from the bridge of his ship. From this perch 100 feet above the water's edge he stands before a computer system that controls six enormous thrusters letting him move the 835 foot ship effortlessly. With each thruster able to move independently Captain Konrad says, "This ship can really turn on a...
South Korea's Samsung Heavy Industries, the world's second largest shipbuilder, said Monday it has secured new orders worth a total of US$2.41 billion. The company said it won a US$1.15 billion contract to build two semi-submersible floating drilling rigs by September 2010 for an unidentified Russian client. Separately, clients in Africa and in th...
Russia's largest oil port, Baltic Sea Primorsk, will begin loading its first Suezmax tankers in January, a move that allows it to boost shipments of Urals crude, a port schedule showed on Monday. Primorsk will load a total of four cargoes with 135,000 tonnes of crude each, up from its regular 100,000 tonnes -- a deadweight usually called Aframax. Tr...
Dubai, December 24: The popularity of the city as a regional winter cruise destination has been reinforced with a leading European cruise operator doubling their operations. Costa Cruises launched its cruise season on Saturday evening, marking its second consecutive year in Dubai by deploying two ships, the Costa Romantica and Costa Europa, with capaci...
Thousands of British families won't have the merriest of Christmases this year as overloaded Internet retail outlets fail to deliver presents in time. The government-backed Consumer Direct, a call center providing basic consumer advice in England, fielded nearly 3,000 complaints in the past six weeks regarding the late delivery of consumer goods purch...
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