Media
Media
Today, Maersk Line CEO, Eivind Kolding, addressed the container shipping and logistics industry as the keynote speaker at the TOC conference in Antwerp, Belgium. His message was clear and simple: If container shipping is to secure its licence to operate in the future, the industry needs to change now! Containerisation – often referred to as the eng...
INDIAN flag carrier, Shipping Corporation of India (SCI), posted a 50 per cent annual net profit increase to INR5.67 billion (US$124 million), drawn on revenues of INR35.4 billion, up 2.3 per cent. Group operating profit increased 175 per cent to INR2.4 billion. Container division operating profit stood at INR624 million (USD13.7 million), drawn on revenu...
THE Kaohsiung Harbour Bureau has earmarked NT$2 billion (US$68.9 million) to rebuild wharves, dredging of three berths at No 4 container centre to accommodate 10,000-TEU ships, reports China Economic News Service. Taiwanese containership owner Yangming Marine Transport invested NT$18 billion this year to build No 6 container centre with two berths to acco...
ISRAELI flag carrier Zim has announced it will increase its general rate by US$275 per TEU with effect from July 1. The general rate increase (GRI) applies to westbound cargo from Asia and Indian sub-continent to Mediterranean, Black Sea and North Europe destinations, said the company. (Source:http://www.schednet.com)
SHIPPING services are being suspended or disrupted on the Yangtze, owing to a severe drought that has reduced water levels 40 per cent below the average recorded over the past half century. China's Civil Affairs Ministry was cited as saying in a statement that rain water levels from January to April in the drainage basin of the Yangtze have been 60 per c...
China's liner Cosco and South Korea's Hanjin Shipping have jointly started the Asia/North Europe Weekly Express Service 1 (NE1) last week. The eastbound service has a total of nine 10,000-teu vessels. The ports of call are Shanghai, Ningbo, Hong Kong, Nansha, Hamburg, Rotterdam, Felixstowe, Singapore and Yantian. (Source:http://www.seatrade-asia.com) &nbs...
South Korean shipbuilder Samjin Shipbuilding Industries, located in Weihai, China, has inked a newbuilding contract for two 4,700 teu ships. The owner is thought to be a large German company with a price in the region of $59m per unit. The vessels will have a length of 251 m, a breadth of 37.3 m, a depth of 19.8 m and will be delivered to from mid-2013. ...
China Shipbuilding Industry Co plans to raise as much as 11.5 billion yuan ($1.8 billion) in a private placement of as many as 962 million shares for at least 11.96 yuan each. Of the 11.5 billion yuan to be raised, 3.62 billion yuan will be spent to acquire stakes in seven companies affiliated to CSIC, 4.42 billion yuan will be invested to expand capacit...
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
qq.com