Container lines to form trade group Major container lines are in the final stages of creating a trade association to represent their interests in Washington.
Hutchison backing big China logistics venture The Hong Kong port operator will help develop a Shenzhen trading zone.
U.K. in rail cargo move A major rail plan aims to shift freight off the country's roads.
FastShip, Schneider sign logistics agreement The trucking company will provide ground support for FastShip's proposed high speed trans-Atlantic container service.
Trading with friendlier enemies The U.S. government is encouraging more of it -- if you still consider North Korea, Cuba and Iran 'enemies.'
Liberian Registry cuts fees The Liberian Registry's manager, LISCR, says it has made a "major information technology investment program." As a result it is cutting annual tonnage taxes by 75 per cent to $0.10 per net ton and will waive initial registration fees for new vessels joining the register over the next six months.
Unions get $4 million to help Gulf Coast mariners meet STCW requirements The AFL-CIO is to announce a new grant from the U.S. Department of Labor to help Gulf Coast seafarers meet new training requirements.
Beth Steel gets $20 million, three-year contract from Kvaerner Philadelphia Bethlehem Lukens Plate (BLP) has signed a three-year contract worth over $20 million with the Kvaerner Philadelphia Shipyard to supply American Bureau of Shipbuilding (ABS) grade plate steel.
EurOPA initiative endorsed by European Council The European initiative for tougher maritime safety standards that's come to be called EurOPA is moving right along.
Crociere Il gruppo italiano pronto a investire 1.600 miliardi in unità da 100mila tonnellate Due navi giganti per Costa Per la costruzione in lizza lo stabilimento Fincantieri di Genova e il finlandese Masa
Alla compagnia la gestione di Savona
Sestri Ponente spera nella commessa e ricorda l'epopea dei transatlantici
Lo scalo veneto più competitivo di Capodistria Venezia, nuova rotta per il traffico di auto
Porto di Napoli, 100 mld per potenziare il terminal
Investment boost for British rail freight BRITAIN'S creaking rail network is to receive its largest investment for more than a century. The government money will be targeted to support an expected 50% increase in passengers and a 70% increase in rail freight over the next decade. New track will be built and disused sections of the rail network opened up.
UK yards to collaborate on defence ro-ro order HARLAND and Wolff and Cammell Laird are prepared to work together in an effort to secure a shipbuilding order from the Ministry of Defence, writes Janet Porter.
Aros goes in for the KiL deal INVESTMENT bank Aros Securities has been appointed to find new owners for KiL Shipping, the Danish gas carrier, chemical tanker and containership group.
Losses still dog Stolt-Nielsen offshore division at half year LEADING chemical tanker group Stolt-Nielsen continued to be hampered by losses in its offshore services arm in the second quarter, writes Tony Gray.
Stinnes promises to deliver e-goods GERMAN logistics group Stinnes is diving into electronic business with several e-commerce undertakings.
China launch for Graig Shipping WELSH-based Graig Shipping has opened a third office in China to coincide with the launch of another China-built ship whose construction it has supervised, writes David Mott.
Treasure bunker pumping begins OIL recovery from the bulk carrier Treasure, which sank just off Cape Town a week ago, is expected to begin today if weather conditions permit.
Pollution clean-up intensified as oil spill hits second Cape island SOUTH Africa's environment minister has asked the country's defence force to help in the rescue of penguins off Cape Town's coast as an oil spill spread to an island containing the largest colony of the rare birds.
Liberia slashes tonnage tax The Liberian registry is winning vessels such as Celebrity Cruises newbuildings to its flag with an aggressive new pricing plan.
Row over South African spill sistership A sistership of the bulk carrier that is causing serious pollution in South Africa has run into trouble with Det Norske Veritas.
Underwriters subsidise shipowners London insurance company underwriters pay out 50% more in claims than they receive in premium.
Aframax sale boosts Norden The profitable sale of an Aframax tanker has given a boost to the financial performance of the Danish shipowner.
Stolt-Nielsen sinks into the red Offshore losses drag down good shipping performance.
Frontline to buy bunkers online The tanker company headed by John Fredriksen has decided to buy its entire bunker requirement through internet auctions.
Precious Shipping wins domestic bond holder approval on restructuring The Bangkok listed shipping company, run by Khalid Hashim, has cleared one more hurdle in its long struggle to finalise a debt restructuring.
DNV makes Danish navy breakthrough Royal Danish Navy to cut costs through Det Norske Veritas classification contract.
Transfennica sold to Finnlines Finnlines is paying $63m to buy the forest products specialist, which operates a fleet of more than 20 ro-ro vessels.
Kuwait charters ULCC following refinery blast An explosion at a key Kuwait refinery has led to an attractive charter for one of the world's biggest tankers.
Exceptional earnings for Eletson Other owners spills help Gregory Hadjieleftheriadis to a record financial result.
Seascope chief quits Chief executive resigns for new career outside shipbroking.
Ship financier joins Essar board New York heavyweight, Morten Arntzen, is to be a director of the Indian shipping company.
Wah Kwong shares jumps 17% as delisting plan gets a boost Stock in the Hong Kong shipping group, run by George Chao, rise to almost the full buy-out price after shareholders told to take the cash.
Jo Tankers orders again at Kleven Floro Bergen based chemical carrier owner does a $57m deal with Norwegian shipbuilder.
Bergesen gets bargain VLCCs The Norwegian shipowner is turning options on two 296,000 dwt tankers into firm orders at a cost of loss than $70m apiece.
Pollution from sunken Treasure to prove costly South Africa on pollution alert as heavy fuel oil from wrecked Capesize bulker comes ashore.
Skuld confirms cash call plans Financial losses will hit both shipowners pockets and the club's reserves.
Britannia Club reports another good year Top protection and indemnity club to press for bigger claims pool.
Silja opts for an older chief The managing director of Finnish shipowner, Silja, is retiring to be replaced by the ten years older Nils-Gustaf Palmgren.
Intertanko chief quits Dagfinn Lunde is sailing from the International Association of Independent Tanker Owners to a new berth in the banking industry.
Chemical carrier superpool dissolves A European chemical carrier superpool is breaking up over strategic differences between the member shipowners.
P&O pulls plug on ABC floation UK shipping giant P&O has suddenly backed out of plans to stocklist its bulk shipping arm Associated Bulk Carriers as share pricing was due to be announced.
Borgestad invites offers for fleet Norwegian shipowner Borgestad is talking to buyers interested in its bulk and chemical carrier fleet.
Essberger and Vopak to pool chemical tankers Two leading owners are pooling their fleets to create a major new force in the European short-sea chemical trade.
Navigator Mars arrested in Rotterdam Navigator Gas Transport's first giant ethylene carrier newbuilding missed its next charter this week as a dispute with shipmanager Marlink escalated.
UK Club takes 10% stake in its managers The biggest of the protection and indemnity mutuals is snuggling up to club manager Thomas Miller.
Wilhelmsen buys majority stake in Offshore Heavy Transport Norwegian shipowner acquires more shares to lift stake in heavy lift shipping company to over 50%.
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