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Swiss interest in hi-tech cooperation with Russia

Swiss interest in hi-tech cooperation with Russia

Moscow - Swiss business looks forward to cooperating with Russia in hi-tech industries such as pharmaceuticals, civil aviation and shipbuilding, Yves Morath, the head of Swiss Business Hub Russia, an official entity of the Embassy of Switzerland which promotes implementation of Swiss export strategies

Big Three shipbuilders see recovery

Big Three shipbuilders see recovery

Seoul - Although the global shipbuilding market is gradually showing signs of fiscal recovery this year, as with Korea’s big three shipbuilders, orders at midsized shipbuilding companies remain sparse, according to the Korea Export-Import Bank of Korea on Friday

HMM takes three Hanjin berths in Kaohsiung

HMM takes three Hanjin berths in Kaohsiung

Kaoshiung - Taiwan’s port of Kaohsiung has completed the handing over of three container berths, previously operated by the now-defunct Hanjin Shipping, to Hyundai Merchant Marine (HMM) on Thursday, increasing the number of HMM-operated berths to five

Fleet grows slower, dry bulk market recovers

Fleet grows slower, dry bulk market recovers

Athens - When all has been said and done, the recovery of the dry bulk market is down to a number of factors, with the prevailing one being the significant reduction of the dry bulk fleet’s growth. Thankfully for ship owners, this seems to be evolving to a much more stable trend

Yilport starts investments in Ecuador

Yilport starts investments in Ecuador

Puerto Bolívar - Yilport Holding started investments in Ecuador’s Puerto Bolívar container terminal by installing two mobile harbor cranes. The MHCs arrived on 21 May, and the equipment will be operational by the first week of June, the company said in its press release

Ports, highways and railways: northwest Italy teams up

Ports, highways and railways: northwest Italy teams up

Genoa - Sea-based works, land-based logistics, and dockside facilities: these are the three cornerstones that underpin the Memorandum of Understanding signed yesterday between the Ministry of Infrastructure and Transport and the two Ligurian Port System Authorities, as part of a special meeting on Logistics in North-west Italy.

Italy opens corruption probe into Sicily govt head; junior minister quits
GE: $15 billion of business deals with Saudis

GE: $15 billion of business deals with Saudis

Ryadh - U.S. technology and engineering conglomerate GE said on Saturday it had signed $15 billion of business deals with Saudi Arabia as part of the kingdom’s drive to diversify its economy beyond oil. It came as dozens of senior U.S. business executives met Saudi counterparts at a conference

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