Karachi-Shipping activity remained active at the Port where two ships schedule to load, offload containers and diesel oil were allotted berths at Qasim International Container Terminal and Fotco oil Terminal respectively on Thursday.
Maersk Line has been ranked number one both in capacity and in reliability among the world's top-20 carriers. The ranking was contained in the latest Drewry Shipping Consultants report detailing schedule reliability for 58 container lines.
The drama at American International Group Inc. has created large opportunities for competitors such as Ace Ltd., Chubb Corp. and Genworth Financial Inc. to steal away AIG's clients. But don't expect any company's earnings to rise significantly as a result, an analyst said Friday.
Japan shares fell, capping a weekly drop, as a plunge in cargo rates dragged down shipping lines, and lenders pared gains after conflict over a financial rescue package coincided with the biggest bank failure in U.S. history.
The British Virgin Islands is one of the leading countries/territories in financial services - having registered more than 600,000 International Business Companies (IBCs). The territory is now moving towards vigorously boosting its shipping registry.
Daniel "Bitay" Lacson, who steered the family-owned Negros Navigation Co. (Nenaco) for years until it sold out to Metro Pacific and ran aground in 2004 due to financial difficulties, will soon be back at the helm of the shipping industry. The grapevine said Bitay, by a quirk of fate, will shortly join Aboitiz Transport System Corp. as its new president, replacing Endika Aboitiz, who will assume the chairmanship of the company during a transition period.
For Comment: State Parliamentary Offices of the Tasmanian Greens, (03) 6233 8300 The Tasmanian Greens today called for the Minister for Infrastructure, Graeme Sturges, to ensure that a reliable shipping service to and fro Flinders Island and the Furneaux Group is restored, following the protracted period of Southern Shipping's stock carrier being out of commission which has resulted in stock being stranded.
Okay, I'll admit it, I have a slight interest in container housing and am intrigued by the possibility of reusing containers for, among other things, affordable housing. This weekend, I'll be bringing you news of a pretty high-end container home, but these homes are equally important at the opposite end of the economic spectrum.
Chinese National Development and Reform Commission recently announced that China Shipping Development Co and Baosteel Resource Co member of Baosteel Group got the access to jointly fund in a shipping venture in Hong Kong which will specialize in ocean trade for bulk cargo like imported iron ore.
An automated robotic cleaning system that removes marine growth from the hull of a ship is being pioneered at Newcastle University.
Malta owes much of its historical development to its strategic location in the centre of the Mediterranean, its natural harbours and its extensive range of maritime services including specialized ship repair, excellent freeport facilities, bunkering services, ship supplies and towage services.
Inmates in Trinidad may soon be living in metal shipping containers in a bid to tackle prison overcrowding in the southern Caribbean nation, the top correctional official said Thursday.
According to a recent data in Tex Report, freight rates for the movement of dry cargo have remained flat.
A handful of architects began building with shipping containers over a decade ago. It was a contrarian maneuver (the rusted corrugated walls were a gritty counterpoint to the fashionable white surfaces of modernism), but the containers were cheap, mobile and recyclable. Nobody put them to more imaginative use than Adam Kalkin, a New Jersey architect who designed midrise apartment buildings, urban infill and mobile art installations with them.
Federal authorities said they are investigating whether a plan to ban older trucks from entering the twin ports of Los Angeles and Long Beach imposes unfair regulations and fees on truckers and shippers.
A two bedroom, two bath 1,700 square foot erected at the West Coast Green Conference takes recycling to the next level. The home is made out of five steel shipping containers.
Genco Shipping & Trading Limited today announced that it has taken delivery of the Genco Thunder, a 2007-built Panamax vessel. The Genco Thunder is the final vessel to be delivered to the Company under Genco's agreements previously announced on May 12, 2008 to acquire three drybulk vessels from Bocimar International N.V. and Delphis N.V.
As the United Nations moves to consider fresh sanctions to counter Iran's nuclear ambitions, the country's largest shipping company has already been hit by restrictions.
The Chairman, Genesis Worldwide Shipping and Vice President, Indigenous Shipowners Association of Nigeria, Mr. Emmanuel Ihenacho, in this interview with Sulaiman Adenekan, speaks on shipping business in Nigeria How can you describe shipping business in Nigeria?
China Merchants Holdings (International) Co., the investor in ports moving about a third of the country's containers, boosted first-half profit 42 percent as China's rising exports fueled sea-cargo traffic.