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Shipbuilding orders surge for Hyundai
Autor: Staff writer 17/05/2010 06:00During the first quarter of the year, as the shipping industry started to recover, Hyundai Heavy Industries – the world’s biggest shipbuilder- clinched some 23 orders worth US$4.3 bn for new ships and offshore platforms. The steep increase, according to Hyundai, puts the company in... -
Stena Bulk receives two modern Suezmax tankers for Stena Sonangol Suezmax Pool
Autor: Staff writer 17/05/2010 06:00The Scorpion Suezmax tanker, built by the Yasa Holding, is set to be delivered in April to Stena Bulk of Sweden on a 12-month time charter. The 159,999 metric ton, 274 m long new vessel was built at the Samsung Shipbuilding in Korea. Stena also confirmed they have taken the Hrvatska of 171.000... -
Priority Product upgrade service puts supply chain control back in the customers’ hands
Autor: Staff writer 16/05/2010 06:00As of May 17, Maersk Line is introducing a Priority Product upgrade option for urgent shipments. Clients are offered the priority service at the time of booking when demand is expected to be higher than the vessels capacity. Should there be no need for priority, the pre-paid service is refunded.... -
Dry bulk ship owners benefit from positive trend across sectors
Autor: Staff writer 15/05/2010 06:00China’s appetite for raw materials such as iron ore and coal, added to a series of other factors are boosting demand for dry bulk carriers, leading to a sustained rally during the past week for the industry’s benchmark, the Baltic Dry Index (BDI). On 12 May, the BDI reached new highs... -
China International Marine, Port & Shipbuilding Fair
Autor: Staff writer 15/05/2010 06:00China International Marine, Port & Shipbuilding Fair (CIMPS) will take place from 19 to 21 May at Nanjing International Expo Centre, China. Jointly sponsored by Jiangsu Provincial People’s Government, State Administration of Science, Technology and Industry for National Defense Bureau,... -
5th Annual Breakbulk Europe Transportation Conference & Exhibition
Autor: Staff writer 14/05/2010 06:00The 5th Annual Breakbulk Europe Transportation Conference & Exhibition, known as one of the largest breakbulk/heavylift transportation conferences in the world, will be held at Antwerp Expo, Antwerp Belguim, from 18-20 May. Organized by JoC Events and hosted by Antwerp Port Authority and... -
Java Container Terminal upgrades gantries
Autor: Staff writer 14/05/2010 06:00According to Sri Lanka’s Daily News, the Sri Lanka Ports Authority (SLPA) is to purchase cranes for operations at the Jaya Container Terminal (JCT) from China’s ZPMC (Shanghai Zhenhua Heavy Industry Co. Ltd., a renowned heavy-duty equipment manufacturer). The agreement signed between... -
ICTSI determined to improve access and capacity at the Port of Portland
Autor: Staff writer 14/05/2010 06:00On 12th May, ICTSI (International Container Terminal Services Inc.) signed a 25-year lease to operate a container and breakbulk facility with the Port of Portland at Terminal 6. Marcelo Suarez, Senior vice president of the company, said that ICTSIs priority is to improve access and capacity and... -
38 ships gathered outside the port of Durban as strike enters 4th day
Autor: Staff writer 14/05/2010 06:00It is the 4th day of South Africa’s nationwide port, railway and pipeline industry strike and no solution is in sight. According to the freight logistics chain Transnet, it is up to the unions to bring the strike to a close whereas the unions blame Transnet for being unreasonable. A few... -
A.P. Moller-Maersk reports return to profit
Autor: Staff writer 13/05/2010 06:00The Danish container shipping and oil group A.P. Moller-Maersk has reported a return to profit in the first quarter of 2010, attributed largely to higher oil prices and increasing freight rates and volumes. The net profit of 3.44 billion kroner ($587 million) for the first three months of the...
