Asia-India/Mideast rate Ups.
GERMANY's Hapag-Lloyd, the world's fourth largest carrier, has announced it will raise rates from Asia to the Indian subcontinent and Middle East from February 15.
Greater China to Australia rate.
MEMBER lines of the Asia Australia Discussion Agreement (AADA) will levy a freight rate increase of US$300 per TEU and $600 per FEU on both dry and refrigerated cargo from mainland China and Hong Kong to ports in Australia from March 15.
Port of Samara Relocation pending.
The decision on the transfer of the Samara River Port facilities has not yet been made, the Samara regional government said, commenting on media reports about possible port relocation.
Samsung Heavy 2011 net profit .
Samsung Heavy Industries (SHI) full year net profit fell 12% year-on-year due to a drop in orders for high-end vessels since 2009, Seatrade Asia reports.
Jiangsu Hantong Heavy delivers .
Jiangsu Hantong Ship Heavy Industry has delivered a new dry bulk carrier capable of fuel savings of up to 14%, Seatrade Asia reports.
Vinalines posts H1 loss of $32m.
State-owned Vietnam National Shipping Corporation (Vinalines) suffered a VND660bn ($32m) loss in the first half of this year, Seatrade Asia reports.
India orders six vessels.
ABG Shipyard chief financial officer, D Datar, tells CNBC-TV18 that the order from Shipping Corporation of India is a very valuable order and that they are very happy to add them as a client.
Bergen Group secures contract .
Bergen Group Offshore has, through its subsidiary Bergen Group Rosenberg AS, been awarded a contract by Statoil for fabrication of subsea structures with an estimated value of 50 MNOK, the Group press release said.
