Trade News

Hanjin Shipping adds new service between South Asia/Middle East and U....Jul 16, 2009

Hanjin Shipping is pleased to announce that it is adding a new service between South Asia/Middle East and the U.S. East Coast effective from the end of July. Named AWZ (All Waters Suez), this service is currently operated by APL and Hanjin Shipping will be chartering slots to provide its customers with easier access to the growing markets including Sri La...

China-Japan-Russia-Korea's joint shipping line officially launched Jul 16, 2009

After four years' preparation, the shipping service jointly operated by China , Japan , Russia and Korea has officially been launched, Xinhua reported. With a successful trial run in October 2008 and March this year, the service has started operation using one 16,000-tonne ship, calling at China's Huichun, Russia's Zarubino, Japan's Niigata and...

NSCSA widens its VLCC fleet Jul 16, 2009

The National Shipping Company of Saudi ArabiaNational Shipping Company of Saudi Arabia continued its fleet expansion this month with the delivery of a new vessel from Hyundai Samho Heavy Industries (HSHI) in South Korea arabiansupplychain.com. said. The 318,000DWT cargo ship is the fifth to be delivered from a March 2006 order for six VLCCs amounting...

Murmansk Shipping Company ready to invest in Shtokman Jul 16, 2009

The Murmansk Shipping Company is ready to invest in the development of the Shtokman field. The company – the biggest freight operator in the Arctic – says it plans to assist the Shtokman Development AG with the construction of port infrastructure. In a press release, the MSCO confirms that it plans to develop port infrastructure, which when read...

Aerial surveillance of pirates as means of ship securityJul 16, 2009

Airborne piracy surveillance for less than the cost of a 40 hp outboard motor on a dinghy! Recent escalations in terrorist piracy have produced a number of sales pitches to address the problem. None to date though have yielded cost effective solutions. A cost effective alternative is now available with the “SeaView” Video Plane. The “Sea...

IMSK - Half yearly financial result 2009 Jul 16, 2009

The (IMSK) yesterday announces another profitable quarter in these challenging macro economic times. The pre-tax profit was USD1.5 million for the 1H09 compared to USD16.8 million for the 1H08. The result of the 1H09 on an EBITDA basis was USD14.2 million compared to USD32.2 million for the 1H08. The pre-tax profit was USD1.2 million for the 2Q09 compared...

Iron ore import licenses may be canceled for 20 companiesJul 15, 2009

The Chinese government may cancel more than 20 companies' iron ore import licenses if it finds that they have conducted illegal speculative purchasing, sources reported Tuesday. Insiders said China Iron and Steel Association (CISA), which regulates the iron and steel industry, and the Ministry of Commerce have begun a joint investigation into the is...

No restriction of ties between domestic, foreign firmsJul 15, 2009

A Chinese Foreign Ministry spokesman Tuesday ruled out restrictions on cooperation between domestic and foreign companies while the government investigates spying allegations against employees of Anglo-Australian miner Rio Tinto Ltd. "It's an individual judicial case, in which the employees of Rio Tinto stole Chinese State secrets and posed a grave ...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

  • Business Type:trans/forwarder
  • Country:China