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Twenty-one sailors from the Democratic People's Republic of Korea (DPRK) were rescued by Chinese vessels after their cargo ship slanted due to water entering its cabins off the coast of east China's Shandong Province. The DPRK ship, "Zo Ming 3", leaned Friday afternoon at the sea about 20 nautical miles north of Weihai port after seawater entered two car...
CHINA Shipping Container Lines Co, the second largest shipper in Asia, attracted 2.6 trillion yuan (US$351 billion) worth of orders for a stock sale, 170 times the amount available, said people familiar with the offering. The Shanghai-based company will sell 15.5 billion yuan of stock to be listed in its home city as it seeks funds for new vessels. Sourc...
WARREN, R.I. -- American Canadian Caribbean Line, Inc. (ACCL), a family-operated small ship cruise line that caters to active mature travelers, announces savings of $500 per person on four 11-night select winter 2008 Caribbean cruises with an additional holiday savings offer for single travelers this December. Passengers can make warm holiday memories t...
MUMBAI: Indian conglomerate Essar announced to acquire six Chinese shipping vessels for $390 dollars. Essar Shipping and Logistics Ltd has contracted STX (Dalian) Ship Building Company of China for acquiring six modern mini cape bulk carriers and has the option of checking three more such vessels. Eassar Shipping which already has a fleet of 28 vesse...
Businesses look set to pay higher transport costs and wait longer for goods after a leading consortium of container shipping lines cut back on direct calls at the main UK ports to avoid severe congestion. The move, by the Grand Alliance of container lines, is one of several to cut down on visits to congested European ports. The cuts have fallen particular...
China Shipping Container Lines, the second-largest container line in Asia, attracted 2.6 trillion yuan, or $351 billion, worth of orders for its Shanghai stock sale, according to three people with knowledge of the offering. The shipping line has said it aims to sell as much as 15.5 billion yuan in stock. The people asked not to be identified before an off...
The first phase of the $1.6-billion shipyard project of Korean company Hanjin Heavy Industries and Construction Corp. at Subic’s Redondo Peninsula opened Wednesday. Representing the National Government to the opening of the shipyard facility was Vice President Noli de Castro. In his congratulatory speech, De Castro praised the progress Hanjin has made ...
The future of Europe's human spaceflight program is riding on the successful Thursday launch of NASA's shuttle Atlantis carrying the continent's Columbus research laboratory, European space officials said Wednesday. Built for the European Space Agency (ESA), Columbus is the agency's major contribution to the ISS and the lynchpin for Europe's human spacef...
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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