Media
Media
This classic case of a fight between a multinational company and its Indian partner taking an ugly turn. Almost two years after DP World took over Mundra International Container Terminal (MICT) from P&O Ports as part of a $6-billion global takeover, the Adani-owned Mundra Port and Special Economic Zone (MPSEZ), which owns and operates the Gujarat port, has t...
DryShips (Nasdaq: DRYS) today announced it has signed several short-term charter agreements for two of its Capesize and one of its Panamax vessels with first class charterers. Specifically, the MV Samsara will be chartered at a daily rate of $139,000 and started November 7, the MV Brisbane will be chartered at a daily rate of $145,000 starting December 1, 20...
The Bank of Korea will urge domestic shipbuilders to settle contracts in won and to spread hedging activities over time to curb the currency's gains against the US dollar. "For the currency market's stability, we need to take multilateral efforts such as encouraging shipbuilders to settle deals in won and spread sales of currency forward contracts," the c...
Top ranking executives from Dubai Ports World and A.P. Moller-Maersk recently met to discuss long-term global cooperation. "We are especially keen on exploring cooperation with the Maersk Group as it is one of our most prominent customers in several ports operated by DP World around the world, including DP World Jebel Ali. We look forward to further discuss...
New Delhi, Nov 12 (UNI) Greeks are now eyeing the Indian shipping industry for its expertise and believe that ''substantial prospects are available'' in the field. ''We are looking at sectors like shipbuilding and shipping as we feel there are substantial prospects available,'' said Greek Minister of Foreign Affairs Petros Doukas, who is part of 80-member...
Cosco’s Xiamen Ocean Shipping Company has ordered two multipurpose carriers in China. The 32,000-dwt vessels are costing CNY 500m ($67.45m) from China State Shipbuilding’s Guangzhou Huangpu Shipbuilding Company. They will carry bulk cargoes like timber, fertiliser, minerals, cement and steel, as well as heavy machinery. Xiamen Ocean said the ships also ha...
12 November 2007 the prime minister of the Ukraine Victor Yanukovich told that the government of the country examines the possibility of the limitation of the tankers' passages through the Kerch strait. According to Rosbalt, V. Yanukovich said that the government plans to draw specialists in the maritime field to decide on this question, to consider the in...
Two crewmembers have died and one is missing after a Russian cargo ship sank off the Black Sea port of Sevastopol in Ukraine, a regional administration official said on Sunday. The cargo ship loaded with metal sank on the night of November 10-11. Fourteen crewmembers have been rescued, the official said. A strong storm has hit several ships in the Azov...
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
qq.com