2012/05/17
In the first quarter of 2012, the Port of Hamburg handled 2.2 million twenty-foot equivalent units (TEUs), a 5.2% increase from the first quarter last year. A total of 32.6 million tons of cargo passed through the port during Quarter … Continue reading
2012/05/16
A new direct service that connects India to the Middle East has recently commenced. The Balaji Shipping Lines (BSL) service from Mundra (India) to the Port of Sohar (Oman) also has stops at Dammam (Saudi Arabia) and Jebel Ali (UAE), … Continue reading
2012/05/07
At the 2012 Supply Chain and Transport Awards (SCATA), Jebel Ali Port was recently recognized as the Shipping Port of the Year. The port, which is operated by Dubai-based DP World and is located about 35 kilometers from Dubai, has … Continue reading
2012/05/02
China and India’s rapid economic growth since opening their borders in the late 1970s has resulted in strong demand for a wide variety of commodities. These nations preoccupation with rapid industrialization strategies has been the driving force behind shifts in … Continue reading
2012/04/09
German-based Hansa Shipping has elected to outfit four of its new 4,800 twenty-foot equivalent unit (TEU) vessels with the German ballast water treatment technology CleanBallast by RWO, a subsidiary of Veolia Water Solutions & Technologies. The ships, which will be … Continue reading
2012/04/09
The United Arab Shipping Company (UASC), which is headquartered in Kuwait with a corporate office in the UAE, took delivery of a new 13,500 twenty-foot equivalent unit (TEU) containership in February. The new vessel, which was named ‘Al Ula’ earlier … Continue reading
2012/04/09
Orient Overseas Container Line (OOCL) and the Port of Long Beach signed a $4.6 billion lease last week that will allow the Hong Kong-based shipping company to develop and maintain a more modern terminal in the Southern Californian port. The … Continue reading
2012/04/04
A new contract has been awarded to AVIC Singapore from an undisclosed ship-owner for the construction and delivery of five vessels. The vessels, including three Azimuth Stern Drive tugboats, one diver boat, and one bunkering tanker, will be built at … Continue reading
2012/04/03
Athens-based Diana Shipping Inc. has announced the purchase of a Panamax dry bulk carrier with a total deadweight tonnage (dwt) of 76,225. The vessel has a price tag of $20.65 million and should be delivered later this month. The Diana … Continue reading
2012/04/03
In the time period of April-February, 2011-12, cargo traffic between India’s 12 busiest ports grew 1.59% from the same period the year before. In total, 510.8 million tonnes of cargo passed through the aforementioned Indian ports. Specifically, the coal industry … Continue reading
Copyright © 2011 Pacific Tycoon. All rights reserved. Disclaimer / Privacy Policy
Hong Kong Office Telephone: +852 580 80130