Vladislav Putilin, the deputy of the military-industrial commission of the RF Government, can be appointed general director of the United Shipbuilding Corporation, reports Vedomosti quoting the source in the corporation. The act on the United Shipbuilding Corporation establishment was signed on March, 22. That time it was said Alexandr Burutin, the presid...
MIAMI, Sept. 20 /PRNewswire-FirstCall/ -- A vacation should be an adventure - whether it's a quick escape to the Caribbean or a long-awaited Alaskan expedition. But how to choose, with a world - literally - to choose from? Enter Sammy the Suitcase, host of www.hungrysuitcase.com, Royal Caribbean International's newest interactive website designed to help vac...
Following sharp gains Wednesday after the U.S. Federal Reserve cut interest rates, the Kospi index sustained its upward momentum yesterday, despite news the Financial Times Stock Exchange refused Korea’s bid to join the advanced market index. “The FTSE decision is not that significant,” said Lim Dong-min, an analyst with Dongbu Securities. The benchmark ...
On September 15 COSCO Group and China National Offshore Oil Corporation (CNOOC) signed a strategic agreement in Beijing, reports the press-service of the company. According to the strategic agreement, the 2 companies will further strengthen the existing mutual cooperation in respects of energy transportation and logistics, and will explore cooperation opp...
Palmali group of companies intend to build a new shipyard in Turkey. The company purchased about 20 hectares in the region of Yalova in Turkey to build the shipyard, the company reported. The company is planning to invest about $60mln in the project. Construction of tankers and dry cargo ships will commence from 2008. Initially tankers for transport of c...
Vietnam needs an extra 1 million TEUs of terminal handling capacity by 2010 or it risks losing the gains from its recent rapid trade growth, said a regional executive with Singapore-based container line APL. Jim McAdam, APL president for the Asia Middle East region, speaking in Hanoi for the Vietnam Ports & Logistics 2007 conference, said the planning an...
The shipbuilding and metal industries performed best in the first half of this year on the back of a rise in overseas orders and raw metal prices. The Bank of Korea says shipyards saw their sales grow 28 percent while the figure for the primary metal industry grew nearly 24 percent in the six-month period. Experts attribute the trend to record-breaking...
CHINA Merchants Holdings (International) Co, the owner of stakes in the country's five largest container ports, said yesterday that first-half profit rose 26 percent as higher exports of toys, clothes and TVs helped boost traffic. Net income climbed to HK$1.52 billion (US$195 million) from HK$1.21 billion a year earlier, the company said in a Hong Kong Stock...
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