Genoa: Voltri Terminal Europa (VTE), 100% owned by PSA's Italian arm PSA Sinport, has taken delivery of a ninth quay crane. The super-post panamax crane, built in Italy by Reggiane Cranes and Plants, can reach 18 rows across and is of low...
Manila: International Container Terminal Services Inc has won a 10-tear contract to operate Tartous Container Terminal in Syria, reportedly outbidding other parties which included French container line CMA CGM. The Manila-based terminals group...
Perth: Braemar Seascope has appointed Peter Malpas to the new position of group research manager covering the Asia and Australasia region, with a main focus on the dry bulk market. Peter will be based in Braemar Seascope's Perth office and...
Jingjiang: German KG fund Hellespont Hammonia has completed the naming of the 73,400dwt panamax product tamker Hellespont Pride, the first of six sister vessels building at New Century Shipbuilding Co in Jingjiang, China. The series was...
Tokyo: Mitsui Engineering and Shipbuilding Co has turned around a Yen2.8bn net loss in the first quarter of last FY into a Yen335m profit for the quarter ended June 30. Its forecast for the year to March 2007 remains unchanged at a net profit of...
Athens: Greece's Prime Minister Costas Karamanlis has hailed shipping's role in strengthening co-operation between China and Greece, reports Greek shipping intelligence newsletter Newsfront.Speaking at the July 27 naming ceremony in...
Mumbai: Shipping Corporation of India reported a 33.6% fall in earnings for the first quarter of FY 2006-7 ended June 30 with net profit of Rs1.82bn versus Rs2.74bn in the corresponding 2005 period. Net sales fell from Rs8.159 bn to 8.008bn. [31...
London: The Port of Chittagong in Bangladesh has written to piracy watchdog the International Maritime Bureau rejecting as false the claim in the latest IMB report that Chittagong the single most dangerous port in the world for armed attacks. [31...