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South Korean builder Daewoo Shipbuilding & Marine Engineering (DSME) announced on June 30 that it has received an order from Greek owner Attica Group for the construction of two ropaxes (passenger/cargo ferries) for delivery in the first quarter of 2012. Total contract price is given as about $200 million, or about $100 million apiece. The order marked ...
Coast guards in Sakhalin in Russia 's Far East have stopped two foreign vessels on suspicion of poaching crab, a local border control spokesman said on Tuesday according to RIA Novosti. "The Ocean-7 and Yusei Maru fishing vessels [both flying the Cambodian flag] were stopped off East Sakhalin by a patrol boat from the Sakhalin border...
Ships remain under charter to grower Chiquita Brands International said it does not expect the bankruptcy filing by Eastwind Maritime and many of its affiliates to adversely affect service to Chiquita's customers and the delivery of its bananas and other fresh fruit products. It said all of the 12 oceangoing ships that the compa...
Officers want to preserve safety, maintain jobs, attain wage parity Matson Navigation's top unionized ship officers could strike tomorrow if they do not reach agreement during scheduled talks with the shipping company today. The Masters, Mates & Pilots (MM&P), the American Radio Association (ARA) and the Marine Engineers ...
Record losing streak deepens, but signs of recovery mount Shipments of manufactured durable goods declined for the tenth consecutive month in May, deepening what was already the longest streak of decreases on record at the U.S. Census Bureau. But new orders increased for the third time in the last four months, in a sign that the bottom of the econom...
Chairman calls excess of newbuildings 'gruesome' Evergreen Line plans to withdraw 31 of its oldest ships from service and scrap many of them to help chip away at what its chairman, Chang Yung-fa, described as a “gruesome” excess of vessel capacity in the container ship industry. The ships are 20 G -Class vessels, wi...
Timing, scarce funds put pressure on lawmakers Strong words between the chairman of the Senate Environment and Public Works Committee and a senior Republican Thursday morning brought into sharp relief two legislative strategies for a new six-year transportation bill. Sen. Barbara Boxer, D-Calif., called the hearing to discuss how Congress woul...
CargoSmart Limited, which provides on-demand shipping and logistics software, announced today the availability of its product for compliance with the Importer Security Filing rule, also known as "10 + 2." The software enables importers and logistics service providers to collect the required ISF data elements from multiple sources, consolidate the da...
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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