Hamburg Süd has announced that from October 2010 onwards it will separate from ZIM in the North Europe-Israel service and mount its own independent operation, details of which are still under consideration.

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• Sd Hamburg Announces New Northern Europe-Israel service

     Hamburg Süd has announced that from October 2010 onwards it will separate from ZIM in the North Europe-Israel service and mount its own independent operation, details of which are still under consideration. Cargonews Asia

• Hamburg Sud-ending relationship with ZIM in North Europe / Israel-Service

    Hamburg S?d has announced that as from October 2010 onwards it will separate from ZIM in the North Europe – Israel service and mount its own independent operation, details of which are still under consideration. Detailed information on the enhanced service concept which will feature improved connectivity to Hamburg S?d’s

• CNOOC Ltd. announces start of oil production from the BZ 29-4

    CNOOC Limited is pleased to announce yesterday that BZ 29-4, an independent oil field in the Bohai Bay, has commenced production successfully. BZ 29-4 oil field, with an averaged water depth of about 22 meters, is located in the south part of Bohai Bay.

• India: Reforms in the coal industry

    With a view to bring greater transparency and objectivity in the process of allocation of coal blocks, the Mines and Minerals (Development and Regulation) Amendment Bill, 2008 was introduced in the Rajya Sabha on 17.10.2008, which seeks to adopt auctioning of coal and lignite blocks for captive use through competitive

• PIL and Wan Hai CV Northern Europe Service

     Pacific International Lines (PIL) and Wan Hai Lines have resumed operation of their FES scheduled container liner service from the Far East to northern Europe, according to Euclid Infotech.On April 15, the Kota Lambai, owned by Pacific International Lines was the first ship to call at the Port of Hamburg.

• Rio Tinto completes sale of Brazilian iron ore operations

    Rio Tinto has completed the sale of its Corumbá iron ore mine in Brazil and the associated river logistics operations to Vale S.A. for a cash consideration of US$750 million. The Corumbá divestment, which was announced on 30 January 2009, was part of a larger transaction that included the Potasio Rio

• MOL Asia announces the creation of MOL (HK) Ltd. Agency

     We are pleased to announce the setup of a new company named MOL (HK) Agency Ltd., which will commence operation on September 1, 2009. Under the leadership of Managing Director Hiroshi Ogawa, this new company will provide local agency functions for MOL’s Global Liner and non-Liner services servingHong Kong. MOL

• Lithuania is planning an LNG terminal

    Lithuania projected to build a terminal for liquefied natural gas (LNG), the Russian Govt press service reported, quoting Lithuania Prime Minister Andrius Kubilius’ statement at his meeting with Russian Prime Minister Vladimir Putin. “We are monitoring the global development of the gas industry very closely. We have plans to build

• Rio Tinto completes sale of majority of the Alcan Packaging company Amcor for U.S. $ 1.948 billion

    Rio Tinto announced today that it completed the sale of Alcan Packaging global Pharmaceuticals, global Tobacco, Food Europe and Food Asia divisions to Amcor for a total consideration of US$1,948 million1, on 1 February. Guy Elliott, chief financial officer, Rio Tinto, said “The completion of this complex transaction is another

• Origin mark – Termination of the Charter

    Independent Tankers Corporation Limited (ITCL) announces that BP Shipping Limited has given irrevocable notice of termination for the bareboat charter for the VLCC British Pioneer and such termination to take effect January 2, 2011. The vessel will continue on a market rate with a minimum of $20,000 per day until