China National Coal Group Corp and China Shipping (Group) Company will cooperate on coal transportation and the establishment of coal transfer centres, the China Securities Journal reported on Thursday. The newspaper also said the two companies would form a joint venture in the future. Chronic transportation bottlenecks have constrained the flow o...
Roman Kopin on Thursday assumed office as Governor of the Chukotka Autonomous Area, Itar-Tass reports. The new governor was sworn in and received the certificate of head of the region. Russian president’s envoy to the Far Eastern Federal District Oleg Safonov, ex-Governor of Chukotka Roman Abramovich, Duma deputies and members of the Chukotka gov...
FLC West has confirmed to Aker Yards that they have received approval from Ukraine authorities to come in as a 70 percent shareholder in three of Aker Yards' shipyards in Germany and Ukraine. As all approvals from regulatory authorities are now in place, Aker Yards and FLC West will proceed with finalising the transaction within July. The completion ...
In January-June, 2008, sea-and-river going vessels of North Western Shipping Company (NWSC OJSC, St. Petersburg) carried 2.399 million tonnes (+0.3%, year-on-year), the company’s PR Department informs. In the reported period, transshipment of grain, coke, iron ore, manganese ore, non-ferrous metal ore and raw sulfur stayed at the level of H1 07. In the fi...
Russia's deal to buy Oman's 7% stake in the Caspian Pipeline Consortium may be delayed or fail altogether, business daily Kommersant reported on Thursday according to RIA Novosti. The Caspian Pipeline Consortium (CPC), designed to carry Kazakh and Russian crude to a terminal on the Black Sea, was commissioned in October 2001. Its capacity currently st...
Hyundai Heavy Industries Co., the world's largest shipbuilder, said Thursday that orders it received in June fell 8 per cent from a year earlier on fewer contracts to build power plants and other facilities. The company received US$3.72 billion worth of orders last month, compared with $4.04 billion a year earlier, the company said in a regulatory fil...
Japan is aiming to form a non-governmental organisation to represent the interests of Asian shipbuilders at the International Maritime Organization. In an initiative spearheaded by the Japan Ship Technology Research Association, the Asian Shipbuilders Experts Forum aims to establish an NGO to put forward the interests of shipbuilders in the region at ...
South Korean shipbuilder STX Shipbuilding said on Wednesday it had won a 214.1 billion won ($211.8 million) order to build two bulk carriers for an undisclosed European firm. The vessels will be delivered by mid-2010, STX said in a filing with the Korea Exchange. Source: http://in.reuters.com
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