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Bulgaria's privatisation agency said on Friday it had shortlisted only one candidate, a German-led consortium, to bid for state maritime operator Navibulgar in a deal estimated at about 250 million euros. The consortium, led by Germany's Martrade Shipping & Transport, will be invited to file an initial offer for a 70 percent stake in Navibulgar up to Nov....
Mumbai, Oct 14 Even as environment, security and political concerns continue to plague Sethusamudram Ship Channel Project, the shipping industry too seems to be divided on the economic benefits of the project. While coastal shipping operators are upbeat on the prospects that the project would open up for them, large shipping lines operating ocean services...
BHUBANESWAR: The Apeejay Surrendra Group and Bharati Shipyard Limited will jointly establish a ultra modern ship manufacturing unit at Charidiha near Dhamra mouth in Balasore district of the State. A memorandum of understanding in this regard will be signed between the joint venture company and the State Government next month. The proposal for the sett...
The European Commission said on Thursday it had raided several companies in the international freight forwarding sector for suspected cartels. Commission officials, accompanied by their counterparts from relevant national competition authorities, carried out unannounced inspections at the premises of various providers of international freight forwardi...
SEATTLE (AP) -- Four federal research ships will moor this winter at the Port of Seattle's Terminal 30, which is operated by Cruise Terminals of America. A National Oceanic and Atmospheric Administration spokeswoman, Jeanne Kouhestani (koo-HES'-tahn-ee) at Silver Springs, Maryland, says this is a temporary port for the vessels. Their home pier at Seat...
Customs controls would be abolished for goods moving between ports in the European Union under plans unveiled on Wednesday. Shipping companies welcomed the European Commission’s proposal to scrap controls on cargo moved by sea within its borderless market, putting them on the same footing as road hauliers. They carry 40 per cent of internal trade, measur...
China's Chery Automobile has bought a domestic shipyard in the rapidly growing private company's latest effort to meet an ambitious export target, state press reported Tuesday. Chery, based in Wuhu city of the eastern province of Anhui, has bought the local Wuhu Shipyard and is restructuring it, the China Securities Journal reported, citing unnamed sourc...
Responding to client requests voiced at its annual User Conference, ABS Nautical Systems will begin industry beta-testing of a new tanker vetting module by the end of this year with the expectation that it will be available to industry in 2008. The module is being developed with input and guidance from Overseas Shipholding Group (OSG), an existing ABS Nautic...
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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