Media
Media
APM Terminals CEO, Kim Fejfer has met with the Indian Minister of Shipping G K Vasan and other government officials to discuss existing and new terminal and port development projects in one of the world’s fastest-growing economies. He was in India to review progress at APM Terminals facilities at Gateway Terminals India (GTI) located in Jawaharlal...
Seoul: South Korea's Samho Shipbuilding has won orders for two firm 35,000 dwt bulkers plus one option from Malaysia’s Ecoship. Delivery is scheduled in the first half of 2012 with a price per unit thought to be in the $27m region. Ecoship is based in Kuala Lumpur and currently owns two vessels, the 28,500 dwt Eco Vanguard (built 2001) and 18,200...
Singapore: First Ship Lease Trust has secured the release of the product tanker Nika 1 held in China for over a month. FSL Trust provide a $2.8m bankers guarantee to secure the release of 47,000 dwt product tanker Nika 1 at the weekend. The vessel was arrested on June 8 in Qingdao on behalf of Daxin Petroleum Singapore over unpaid bunker bills by charterer ...
Hanoi: Vietnam National Shipping Lines (Vinalines) has denied it is take over 40 vessels from the country’s ailing national shipbuilder. Tran Manh Ha, head of the Vinaline’s legal department, denied reports the company was takeing 40 vessels owned by Vietnam Shipbuilding Industry Group (Vinashin) as part of a restructuring package for the ailing...
Seoul: Korea's Daewoo Shipbuilding & Marine Engineering has inked a letter of intent with Malaysia's tanker owner AET to build four 320,000 dwt very large crude carriers. The newbuilding price is thought to be $105m to $110m per ship for delivery in late 2012 and 2013. AET is now accelerating fleet expansion to have 150 tankers consisting of V...
QANTAS is to increase capacity to its north west Australia regional centres of Karratha, Paraburdoo and Port Hedland in the coming months, including the launch of a new Port Hedland-Melbourne route in September. Additional services will include three Perth-Paraburdoo return morning services, operating on Tuesdays, Wednesdays and Thursday mornings, incre...
Russia will supply 21 Mi-17 helicopters to Afghanistan in cooperation with NATO in a commercial transaction valued at US$300 million with plans to increase the order to 56 by 2016 with first delivery in July 2010. The medium twin-turbine Russian choppers can double as gunships and are built to take on desert and mountain terrain. The 25 Mi-17 Hips are d...
RAM Menen, Emirates SkyCargo divisional vice president, has championed the air logistics industry and driven e-freight initiatives and believes the industry needs to show greater transparency and a more collaborative attitude in the supply chain of the future. Mr Menen highlighted the success of Emirates SkyCargo despite the downturn and how it achieved...
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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