ISLAMABAD: Russia considers Pakistan an important country of the region as it has great economic potential and wanted to increase bilateral trade and cooperation with Pakistan in diversified areas of economic activity.
Strong bilateral trade and larger cooperation between Pakistan and Russia would bring prosperity and integrity to the region.
Yury M Kozlov Trade Representative of the Russian Federation in Pakistan at Islamabad Chamber of Commerce and Industry (ICCI) said, “Russia eyes Pakistan...
Showing posts with label Marine or Sea. Show all posts
Showing posts with label Marine or Sea. Show all posts
Monday, August 26, 2013
Russia will float out a new-generation nuclear ice-breaker by 2017 with two more to follow in 2020 under a government program to ensure commercial shipping along the Northern Sea Route (NSR) – a 6,000-km Arctic waterway stretching from the Barents Sea in the west to the Bering Strait in the east. Russia is the only country with a nuclear-powered ice-breaking fleet. By the...
Thursday, August 1, 2013
CHINA and the European Union continue to negotiate anti-dumping probe of European wine exports which amounted to 257.3 million litres in 2012, valued at US$1 billion, half of which were from France. A decision to drop the wine anti-dumping probe is unconfirmed with a latest report from Reuters citing law firm's continued investigation into the Chinese industry association's complaint. However, discussion is a sign that Europe's most important trading partner is willing to ease tensions. The...
JOINT BASE LANGLEY-EUSTIS, Va. - With clear, blue sky above and the hot afternoon sun shining down on the Vissering Landship Training Facility here, the 390th Seaport Operations Company out of Ceiba, Puerto Rico, is hard at work. The soldiers of the 390th SPOC are conducting their yearly Extended Combat Training exercise to learn new skills and refresh current skills as...
Dr. Jamal Sanad Al-Suwaidi, Director General of the Emirates Center for Strategic Studies and Research (ECSSR), contends that over the last ten years, the Gulf of Aden and the Arabian Sea have reached high levels of piracy, lending to increased risk for the maritime shipping industry. At Tuesday’s international symposium entitled: ‘The Challenges of Piracy in the Gulf of Aden and the Arabian Sea,’ he highlighted the issue.
“The risks of such crimes taking place are exacerbated by links to organizations...
Being as controversial as it is, the practice of shipbreaking is relinquishing its role to more productive means of retiring used vessels. One of these means is ship recycling. One of the most prominent companies in this industry is GMS LeaderShip, a company with a global office disposition that conducts cash buys of ships in order to recycle them or sell them to other companies that do.
So far, GMS has negotiated the recycling of about 2,000 vessels, making them the premier company in the industry...
Kuantan Port in Malaysia is expected to grow exponentially in the coming years. A partnership between IJM Corp Bhd and its subsidiary Kuantan Port Consortium Sdn Bhd (KPC), as well as China’s Guangxi Beibu Gulf International Port Group will facilitate the expansion.
The final design of the project is due in October; the partners have agreed to expand the facility with 16 extra meters of draft alongside the new facility’s berths to help support trade to and from the adjacent Malaysia-China Kuantan...
The shipping industry experienced a flux of increased freight rates. This is due to the year before showing exceptionally low freight rates where shipping companies lost billions of dollars due to overcapacity. The consequence of this was a 2012 that saw many companies looking for ways to increase their rates to meet costs on ocean freight.
This phenomenon has manifested itself in many companies increasing previously implemented or implementing peak-season surcharges. One of...
Tuesday, July 30, 2013
Georgia’s ports set records during the last fiscal year for tonnage, bulk cargo, auto and machinery units, and freight moved by intermodal rail, the Georgia Ports Authority(GPA) announced Monday.
In the year ending June 30, the ports moved 27.23 million tons of cargo, a 2.4 percent increase over fiscal 2012.
“Our overall tonnage increase has been fueled by the...
Monday, July 29, 2013
This year's Freighters and belly cargo Conference will be held at the Park Hyatt Hotel on Sadiyaat Island, Abu Dhabi from 29 September to 1 October 2013.
This is the 13th consecutive year we have held the Freighters World Conference – and this year we have included topics on belly cargo.
This two-day conference presents fantastic opportunities to network and socialise. Attended by delegates and speakers who can make things happen, make a difference and make change, you will not...
The 31st anniversary of Air Cargo News awards evening, Cargo Airline of the Year, will take place at the Lancaster London Hotel on Saturday, 26th April 2014. If you need any further information about this Air Cargo News event, known throughout the airfreight world as the ‘Oscars’ of the air cargo industry, then please contact Patricia Cooper, General Manager of the Events Division on p.cooper(at)aircargonews.net or telephone +44 (0) 1784 255000
...
VISAKHAPATNAM: Three new Container Freight Stations (CFS) are expected to be set up in the Port City around the end of the year. Currently, the Container Corporation of India (Concor), Sravan Shipping Services Private Limited, Gateway East India Private Limited and CWC-SICAL have one CFS each in Visakhapatnam.
According to sources, Concor and Sravan Shipping Services plan to set up one more CFS each in the near future. The central government too plans to set up one CFS in Vizag to cater to the...
July 26 (Reuters) - Freight rates from Indore, the key wholesale soybeans
market in central India, to other destinations in India :
--Charges for WET CARGO, in rupees per 10,000-litre tanker--
Friday's Previous
Indore to
Abohar --- 33,000-33,500 33,000-33,500
Alwar --- 24,500-25,000 24,500-25,000
Ambala --- 31,500-32,000 31,500-32,000
Amritsar --- ...
FedEx Proposes to Continue Operations Despite Being Ruled Out of Public Utility Contract
PHILIPPINES – When the judiciary comes up against state in virtually any country, casual observers can often sit back and enjoy the ensuing row. After effectively being kicked out of the country this week when a Court ruled that its government-issued freight forwarding licence...
Saturday, July 27, 2013
New
rules have been issued by the Ministry of Finance and State
Administration of Tax in their Cai Shui no.37 (Circular 37) regarding
application of VAT to ocean transport services. The majority of carriers
have confirmed that they will start to debit 6 % VAT on all charges
payable in China.
There is a great deal of uncertainty about the
application of the new rules and some carriers are seeking clarification
with Ministry of Finance and State Administration of Tax. We understand
that...
It is not uncommon for cars to spend weeks on cargo ships en route to
their destination - but sometimes the cars simply don’t make it.
That scenario played out on a ship that experienced rough
seas on a chaotic ocean crossing from Japan to Russia by the Cambodian
vessel, Astongate.
According to the description of the dramatic vision uploaded
to YouTube, the ship was carrying 64 used cars to Vladivostok, but
following a storm and enormous swells, only...
Friday, July 26, 2013
CAD and Predictive Software Makes Designs for Tricky Cargo Movements Easier
WORLDWIDE – According to Per Thornblom, the planning of difficult freight movements using modern technology is allowing logistics providers to set new standards of value and efficiency. Thornblom, Group Project Logistics Manager for the GAC Group, will be addressing the PowerLogistics Asia 2013...
Thursday, July 25, 2013
A Superport is in the prcess of creation in the North West. Liza Helps investigates.
Work has started on Peel Ports’ £300 million in-river deep sea container port Liverpool 2 – an integral part of the puzzle that makes up the ambitious multi billion pound Liverpool Superport in the North West, but can port centric development really work in the region?It doesn’t seem possible driving along the ramshackle pot hole-laden road to Peel Ports’ Port of Liverpool headquarters on an unseasonably...
Birmingham-based Guardfreight International has signed a deal with the Midlands Assembly Network (MAN) to bring a new locking mechanism to market, which hopes to prevent $80 billion (£52.5 bn) of cargo going missing every year.
The E-Containerlock will be fitted to shipping containers to provide location updates as well as immediate alerts if entry is forced, thanks to an in-built GRPS tracking system.
Guardfreight says it is ideal for preventing theft of goods and for insurance purposes,...
shipntrak, a subscription free online freight exchange, has been launched at the Logistics Link Live exhibition in Birmingham.
The system, which uses smartphones to track shipments, has been designed for simplicity and is powered by global vehicle tracking company Simplytrak,
It connects shippers and hauliers on a subscription-free auction style platform and enables subscribers to match cargo with available space. It allows live tracking of the cargo from pick up to delivery, which the company...
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