|26 October 2006|
|18:08||seaVLCC Sales Continue|
Belgian listed owner Euronav continues to dispose of 1990s built VLCCs.
|17:23||Port SaidLatvian Ports for Belorussian Cargoes|
Latvian ports welcome Belorussia to establish joint forwarding and logistics companies, report Belta referring to chief officer of transit policy department of Latvia Andris Maldups.
He reminded that at present time Latvian ports proclaimed free economy zones, which makes big taxation favours for stevedores.
Belorussian side is reported to have received a number of similar proposals, said the chief officer of Belneftekhim Baltic Ltd.
|17:07||seaICTSI Inks $120m "War Chest"|
International Container Terminal Services Inc (ICTSI), the Philippine-based container terminal operator, has raised $120m in fresh funds, report AFX News.
The Manila-based company said the funds would be used for "future acquisitions in the marine container terminal sector".
|16:37||Mexican maritime official jailed|
Captain Raymundo Mata Contreras, co-director of Mexico's Merchant Marine Department, has been jailed on suspicion of embezzlement, reports Fairplay.
|15:58||seaSamsung Nets Record Order |
Samsung Heavy Industries has won the single most expensive newbuilding contract in Korean history.
|15:15||projectsBoxship Body for Rensen Shipbuilding Launched (Photo)|
On October 26, 2006 the Astrakhan-based Lotos Shipyard incorporated into the group of companies Maritime, Oil and Gas Projects launched the hull of the river-going boxship of "Marina" type.
|15:08||seaSKorea Q3 Shipbuilding Orders at Record |
South Korea's shipbuilders secured record orders of $12.
|14:45||seaSoap Smuggle in Containers|
24 October immigration and customs officials detained more than 30 metric tons of smuggled soap and tooth-paste in Ilyichevsk Sea Commercial Port, report "Ukrainian News" referring to local immigration official.
He said, the cargo came from Turkey on m/v Varna in two containers.
|14:42||seaUkrainian Danube Shipping Performance Down|
JSC Ukrainian Danuve Shipping Company in January-September 2006 shipped 4 mln.
|14:35||Russian RailwaysExcellent Result|
The problem of Russian railways development is of vital importance said the president of JSC Russian Railways Vladimir Yakunin at the government meeting.
|14:33||seaSiem Offshore orders 6+6 at Kleven|
Siem Offshore, based in Kristiansand, Norway, has ordered six - with options for another six - design VS 491 CD anchor handling tug supply vessels at Kleven Maritime Myklebust Yard for a total of NOK 3.2 billion for the fixed contracts.
|14:06||seaFinnish Tests for North European Sea Pipeline|
The joint venture Nord Stream involved in construction works of underwater passage of North European Pipeline is going to address Finnish authorities in order to get license for construction works in the marine economic zone of the country in the Gulf of Finland.
According to Itar-TASS referring to Yle television the pipeline is to be laid in Finnish waters closest to Porvoo.
|12:53||seaPort of Berdyansk Ready for Container Handling|
Berdyansk Sea Port commenced the container operations, reports Lexim.
|12:37||Saint-PetersburgRussia WTO Accession May Be Put on Hold|
Russia's negotiations with the United States over its accession to the World Trade Organization may have to be suspended for at least two years, a deputy head of the Carnegie Moscow Center think-tank said Friday.
|12:32||containerCIMS Q3 Profit Up 40% |
China International Marine Containers (Group) Co Ltd (CIMC), the world's largest container manufacturer, said net profit in the third quarter rose 39.46% year-on-year to $164.5 mn after a rise in sales, according to AFX International Focus.
|12:19||containerTampa in Drug Sting|
Wilh Wilhelmsen's 44,014-dwt ro-ro Tampa (built 1984) has been caught up in a crime syndicates bid to smuggle cocaine into Australia, reports Tradewinds.
Two men have been arrested, one in Sydney and one in New South Wales, in a series of raids aimed at shutting down the smuggling ring.
|11:37||charter ratesMarket Review, week 43|
Read the market review for week 43 in the Freight rates section.
|11:34||seaMarket Review, week 43|
It was steady but slow going for VLCCs in the MEG, and owners have been unable to make any significant headway on rates due to the fact that good tonnage availability still strongly favors charterers.
|09:43||seaFESCO Vice President for Railroad Operations Appointed|
Chief Executive Officer of “Transgarant” Sergey Gushin is appointed FESCO Vice President for Railroad Operations.
The new appointment is a part of a complex process of new assets full integration into business of FESCO Group.
|09:25||NovoshipNo Way For "Sovcomship" Mix|
Mergin of two biggest Russian shipping companies Sovcomflot and Novoship might take a long time.