Ship owners and managers are being urged to ensure their onboard hygiene practices are up to the task of tackling this summer’s super bugs. As the cruise season peaks and with the potential that reports of stricken passengers will further damage the shipping industry’s global image, UK ‐ based ship supplier Hutton’s advises that shipboa...
Ships in the Suez Canal and oil pipelines were the targets of a terrorist plot involving al- Qaeda, Egyptian authorities said after arresting 26 suspects. The 25 Egyptians and one Palestinian were detained with one pistol, electronic circuits and devices available in shops, the Interior Ministry said in a statement on its Web site yesterday. ...
Port statistics are revealing. They were a leading indicator before the production collapse in the Japan , Europe, and the US over the winter, and they may be telling us something again. Amrita Sen at Barclays Capital says the number of Baltic Dry ships waiting to berth — mostly in China and Australia — has begun to fall after peakin...
Rising levels of smokestack emissions from oceangoing ships will cause an estimated 87,000 deaths worldwide each year by 2012 — almost one-third higher than previously believed, according to the second major study on that topic. The study says that government action to reduce sulfur emissions from shipping fuel (the source of air pollution linked to ...
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) is expected to agree on a package of technical and operational measures to reduce greenhouse gases (GHGs) from international shipping and to hold an in-depth debate on possible market-based instruments to provide incentives for the shipping industry, when it...
The cost of transporting coal, iron ore and grain by sea will decline this quarter, ending a record rally, a survey showed. The Baltic Dry Index will average 2,950 points in the third quarter, according to the median estimate of seven analysts, traders and fund managers surveyed July 3 to 7. That’s 5 percent less than yesterday’s 3,107 points. ...
The China Banking Regulatory Commission (CBRC) said Wednesday it had issued a new circular banning banks from investing wealth management funds in secondary-market stocks. It prohibited banks from investing wealth management funds in secondary-market securities-backed funds, equities of unlisted companies and shares in listed companies but not allowe...
Hebei Port Group, the world's largest bulk cargo port company in terms of throughput, was established Wednesday in north China 's Hebei province. The state-owned group is a combination of Qinhuangdao , Caofeidian and Huangye ports in Hebei . The bulk cargo throughput of these ports reached 281 million tons in 2008, the largest volume in th...
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