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CAIRO, Dec 2 (Reuters) Five Egyptians were killed today in a fire that broke out on a Nile cruise boat in Luxor, a southern Egypt town whose Pharaonic temples and ancient royal tombs draw many tourists, security sources said. They said that 43 French tourists were quickly evacuated from the three-storey boat after the fire broke out in the engine room ove...
China blocked another US warship and a military cargo aircraft from gaining access to Hong Kong in the latest in a string of refusals that threatens to jeopardise the recent improvement in military relations between the two countries. The USS Reuben James had sought permission to visit Hong Kong over the New Year holidays, but the request was denied. A...
The number of container units handled by mainland ports this year hit 100 million yesterday, highlighting the country's position as a major player in the industry worldwide. "China's container transportation has reached world levels both in handling efficiency and building networks, greatly contributing to the prosperous shipping industries of North...
Conbulkers and large multipurpose ships capable of carrying bulk cargo as well as general cargo "have deserted the container trades," said a report by AXS-Alphaliner on the widening gap between charter rates for containerships and bulk carriers. "Since August 2006, some 40 conbulkers and uncelled multipurpose units over 600 TEUs representing almost 50...
NYK Line has signed a 23-year contract with Wuhan Iron and Steel Corp. for the transport of iron ore, the first such long-term deal between the two companies. Under the agreement, 52 million tons of iron ore mined in western Australia will be shipped primarily to Beilun, Ningbo, in China抯 Zhejiang province, NYK said in a statement. Shipments will begi...
Container Leasing (UK) Ltd has appointed GS International as its representative in France and Spain to enhance the company’s European sales and service network. Headquartered in Monmouthshire, UK, Container Leasing (UK) designs and supplies specialist containers for Europe’s multimodal transport and short sea operators, including 45ft box and curtainside ...
China’s shipbuilding industry is growing at an astonishing rate in 2006, with completed shipbuilding contracts accounting to 14.52 million dwt (19% of the global market share). New shipbuilding orders exceeding 42.51 million dwt, accounted for 32% of the global market share, propelling China to second-place in value of shipbuilding contracts. Existing shi...
Hong Kong-listed China Shipping Container Lines Co Ltd (HK 2866) said it will launch retail subscriptions on Dec 5 for its initial public offering in Shanghai, with sales to institutional investors scheduled for Dec 4-5. The company said it is planning to issue up to 2.34 bln shares, representing no more than 20 pct of its enlarged share capital. A...
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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