Talisay City, Cebu — A chief engineer
was hurt when a fast craft collided with a cargo vessel late Wednesday
afternoon at Lauis Ledge off Talisay City, the same spot where a
passenger vessel and cargo ship collided two years ago, killing 116
passengers and crew.
The Lauis Ledge has become an eerie spot for vessels traveling from
Cebu to Bohol and passengers on board fast craft Starcraft 9 went into
panic when the sea craft collided with cargo vessel MV Our Lady of Faith
at 5:50 p.m. last...
Showing posts with label Sea Cargo. Show all posts
Showing posts with label Sea Cargo. Show all posts
Saturday, May 16, 2015
Thursday, February 26, 2015
A ten per cent year on year increase in airfreight net revenues
contributed to a strong 2014 fourth quarter for US forwarder and
logistics company Expeditors.
The Washington-based company said its net earnings had increased 19
per cent in the quarter, to almost $99.4m, compared with $83.5m in the
same period of 2013.
Ocean freight net revenue...
Saturday, January 10, 2015
Inbound US west coast container port congestion provided a November
boost for transpacific air cargo revenues out of Asia to North America,
although ex-US revenues fell.
WorldACD’s latest monthly market data found that the transpacific was the best of the large markets in November.
The Netherlands-based research house posed the question: “Did the
problems in the...
Wednesday, December 24, 2014
Exelsius has launched a pharmaceutical qualification programme
(PQP) for companies involved in the handling and transportation of
pharmaceutical & life science products.
The UK-based international cold chain management consultancy says
that its programme allows airports, freight forwarders and logistics
service providers to become certified...
Monday, November 10, 2014
A Severstal stevedoring unit, St. Petersburg based terminal operator Neva-Metal CJSC in January-October 2014 handled about 2,6 million tonnes of cargo, which represents a 10% growth on the ten-month period of 2013, the terminal operator said.In the reporting period container traffic at Neva-Metal terminal totaled some75,000 TEUs.Neva-Metal CJSC, part of Severstal's transport division, operates at Third cargo area in Sea Port of Saint-Petersburg. The company started in 1995. The terminal operator...
Handling of exports, imports and transit cargo at Russian seaports in January-October 2014 increased by 6% compared with the same period last year to 518,5 million tonnes, the Association of Commercial Sea Ports (ASOP) of Russia said.
The ASOP statistics shows that dry cargo amounted to 239.9 million tonnes (+ 13.3%), including: coal - 97.2 million tonnes (+ 14.7%), containerized cargo - 39 1 million tonnes (+ 5.8%), grain - 25.5 million tonnes (a 1.8 times surge), ferrous metals - 19.4 million...
Wednesday, September 24, 2014
French container-shipping giant CMA CGM has formed an alliance with China Shipping Container Lines and Middle East's United Arab Shipping Co to share vessels on some of the world's busiest trade routes.
The new alliance, called Ocean Three, is expected to deploy about 150 ships that would move roughly 20 percent of all cargo between Asia and Europe and 13 percent and seven percent across the Pacific and Atlantic oceans, respectively, people involved in the deal said, reported The Wall Street...
Saturday, September 20, 2014
Air freight volumes continue to show solid gains on a year ago,
supported by economic improvements in some regions, says IATA in its
latest quarterly cargo chartbook.
But high jet fuel prices and overall weakness in yields have kept
cargo financial performance from improving so far this year, adds IATA.
“Emerging Asia trade volumes have rebounded...
Tuesday, April 8, 2014
DHL, has enhanced its tracking
capabilities by launching a new global ocean freight service called
Ocean Secure. This service has been designed for customers who use to ship sensitive or high-value cargo i.e. who specifically belong to sciences &
healthcare, technology, automotive and consumer goods industries. By
using Ocean Secure, DHL and customers both can access real time tracking
and temperature data at any given point and take remedial action if
necessary. “Ocean Secure is a significant...
Wednesday, September 18, 2013
TNT Express, one of the world’s largest express delivery companies, has announced the addition of a new 7-ton Mistubishi /Fuso trailer truck to its domestic fleet.
Oman is a part of TNT Express widespread Middle East Road Network (MERN) delivering to countries such as Jordan, Saudi Arabia, Qatar, Kuwait and Bahrain, the network offers the best day-definite...
Lootah Biofuels, a fully owned subsidiary of S.S. Lootah Group has signed an agreement with TNT Express, a leading global Express Company to supply locally produced environmentally superior and performance enhancing biodiesel made from used cooking oil for the latter's commercial vehicles in Dubai.
This agreement aims at reducing carbon footprints, and also supports Lootah Biofuels mission of converting 5% of transportation fuel to Biofuels by the year 2020.
The agreement was signed by Mr....
DHL-Sinotrans, the leading air express company in China, launched mobile stations indowntown Beijing, Shanghai and Shenzhen to provide companies with convenient pick-upfacilities.
The move will help optimize shipment routes for express items and extend cut-off times forcustomers, according to Wu Don...
Friday, August 30, 2013
Andhra Pradesh commanded a lion’s share of over 46 per cent in the total basket of new port projects being implemented across Indian maritime States.
The port sector in Andhra Pradesh is set to receive a significant boost with the decks cleared for setting up of a second major port in the State.
The proposal to set up the port, with an initial capacity of six berths...
Monday, August 26, 2013
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...
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...
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