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Media
A cargo ship with 30 Russian crew and six passengers sank in the Sea of Japan on Sunday, and 22 have been rescued, Russia's Interfax news agency reported. The vessel sank during a storm 180 miles (288 kilometers) off Russia's far eastern port of Nakhodka in the morning, the agency quoted Russian Emergencies Ministry spokesman Viktor Beltsov as saying. ...
About 225 passengers on the Norwegian Cruise Line ship Pride of Hawaii were infected with norovirus, a highly contagious stomach flu, according to media reports Wednesday. For a seven-day voyage, passengers were aboard the ship on Nov. 5, with 9 percent of whom reporting to the medical center Tuesday with symptoms of nausea, stomach cramps and mild d...
COSCO Pacific Ltd. has completed the purchase of a 20 percent equity interest in the Suez Canal Container Terminal (SCCT) at Port Said in Egypt. The Chinese terminal operator acquired the shares on Oct. 30 from Egyptian International Container Terminal S.A., a subsidiary of A.P. Moller-Maersk. The deal was first announced at the end of 2005. SCCT op...
LTL carrier Estes Express Lines, Richmond, Va., said Monday it will expand its direct service area by opening four new terminals in the Midwest, allowing the company to offer direct coverage in all 50 states and providing customers with expanded next-day shipping options. "Our growth in the Midwest will open up a number of direct and next-day lanes, wh...
The New World Alliance of APL, Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines will combat an "unprecedented rise in operating costs" in the transpacific market by withdrawing vessel capacity from the trade earlier than in previous years. In addition to an immediate winter reduction of around 10 percent, the alliance members will from early Decemb...
Parcel carrier UPS Inc. said Friday it would raise shipping rates for its air and ground services by nearly 5%, effective Dec. 31. The increases comprise a 4.9% rate hike for UPS Ground and Ground Hundredweight shipments, and a net average increase of 4.9% on all air express and U.S. origin international shipments, UPS said in a statement. The inc...
JES International Holdings, a shipyard based in China, plans to raise as much as $250 million in an initial public offering in Singapore, sources close to the deal told Reuters. The company, which filed a prospectus late on Monday, has a shipyard at Shiwei Port, Jingjiang City in Jiangsu Province in eastern China. A source close to the deal told Reut...
The Central Ho Chi Minh Communist Youth Union and The Vietnam Alumni Club of Youth Friendship Program (VACYF) are preparing to welcome a Japanese cruise ship that promotes youth relations in Southeast Asia. Nippon Maru, the Ship for Southeast Asia Youth Program, will berth at HCMC from December 1 to 4. The Youth Union will also organize a reunion dinn...
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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