Pirates resume attacks on Somali coast Pirates have resumed their daring attacks on shipping vessels after weather off the Somali coast improved, a maritime official said on Wednesday, but warships in the area and precautions taken by mariners themselves have helped thwart the attempted hijackings.
TNT offers Storapart service in Asia SINGAPORE is one of more than 100 locations in South-east Asia that TNT is using to launch its new Storapart service for the service logistics sector in the region.
Hagen Seidel parting from TFG Transfracht Hagen Seidel, director of TFG Transfracht, will leave the company by mutual agreement and return to the DB Group. Seidel had previously held a management position with Railion...
Emirates pushes up air cargo volumes in Nice France's Nice airport, which for years has seen no cargo worth mentioning, has undergone a change. 6,872 t of air freight were handled there in the H1/2009, 37.5% more than in the ...
Langh Ship Cargo Solutions presents new steel transportation units in Rotterdam Linda Langh, partner and member of the board at Langh Ship, gave a lecture on new steel transportation units at the Steel Logistics Conference organised by Metal Bulletin on 2...
Tenth Gottwald floating crane on the Mississippi Associated Terminals LLC (AT), operating on the Mississippi River in Louisiana FL (USA), has ordered another Generation 5, G HPK 6400 B floating crane, a variant of model...
Unifeeder opens own branch in St Petersburg Denmark-based Unifeeder announced the opening of a new branch office in St Petersburg (Russia) on 1 October. The branch has been established in accordance with Unife...
Conflict between Olympic and Aegean The Greek transport ministry reported that the old Olympic Airlines will continue to operate its loss-making inland routes until the end of November, with state support. The underl...
Finnair daily to Delhi Finnair increased its flights to Delhi (India) to a daily frequency on 25 September. The flight time is a mere 6 hours and 30 minutes, thanks to Helsinki's excellent geog...
FedEx receives first B777F Despite threatening to cancel its Boeing B777 Freighter orders earlier this year, FedEx Express has unveiled its first B777F and confirmed plans to add another fourteen to its flee...
Singapore Airlines launches round-the-world freighter service Singapore Airlines has started a round-the-world B747-400 freighter service which operates from Singapore to Atlanta GA (USA), Europe and the Middle East before returning...
ABC helps showcase Russia's first sports cars Russia's first sports cars were showcased at the 63rd International Motor Show (IAA) in Frankfurt after being delivered to Germany onboard one of AirBridgeCargo Airlines' Boeing B7...
No mega trucks in France for the time being The French government does not intend to permit oversized Gigaliners on the country's roads, according to transport state secretary Dominique Bussereau. "This topic is truly not on...
Swiss WorldCargo to market freight for Edelweiss Swiss WorldCargo, the cargo division of Swiss International Air Lines AG, will add seven further intercontinental destinations to its 2009/2010 winter timetable, thanks t...
Olympic Airlines terminates all flights The Greek carrier Olympic Airlines terminated all flight operations at 23.59 on 28 September. A new era is set to begin on 1 October when Olympic Airlines will...
Fredriksen linked to Containership Company NORWEGIAN shipping magnate linked to new box line set up by former Maersk and CMA CGM senior executive Franck Kayser.
Sovcomflot legal battle opens $1bn claim against former managers and business partners commences at London's High Court
Judge overrules Seacor objection to US Shipping RULING comes as unsecured creditors withdraws their objection to pre-packaged reorganisation.
Bottiglieri ship scrapping plan panned OWNERS say 'let them go bankrupt'.
FFAs are destroyed, says Bottiglieri BUT Baltic Exchange chief is quick to respond, saying they are thriving.
Bankruptcy plan approved THE Chapter 11 restructuring plan of US Shipping Partners was confirmed today by New York's bankruptcy court, marking the crucial final step in the process
Oceania extends newbuild option OCEANIA Cruises and Fincantieri today agreed to extend the option for a third newbuild for 12 months
Panama Canal extends relief THE PANAMA Canal Authority agreed today to continue its temporary price-reduction programme
Swapping Danes for foreigners MAERSK Line told Fairplay today it will replace 170 Danish seafarers with foreigners to save money
Oceania extends US cruiseship owner bags year extension of option to build a third vessel at Fincantieri.
Vale pays $460m Brazilian miner said to be throwing down $115m each for four 400,000-dwt VLOC's at Daewoo.
Plan confirmed With approval in the bag, US Shipping Partners set to emerge from bankruptcy within 10 to 20 days.
Modec's low bid Joint bid between Japanese outfit and Brazil's Schahin is in pole position for two-FPSO Petrobras tender.
Russians arrive Dmitry Skarga heads list of Russians to appear at London's High Court as Sovcomflot case kicks off.
Unbelievable! Court told that corrupt deals led to Russian ships being chartered to Yuri Nikitin companies at uniquely favourable rates.
Holiday hassle Sovcomflot under pressure as major evidence against Dmitry Skarga alleges he took vacations as a gift.
CECO waived too Peter Knudsen-led Camillo Eitzen pens new deal with its banks and hopes to defend its controlling position at Eitzen Chemical.
Nord LB waives George Economou's DryShips scores waiver from German bank on $116m worth of debt.
Banks back Eitzen Norwegian owner's lenders waive repayments and covenants on loans of over $700m for more than three years.
LA green light Los Angeles harbour commission approves $1.2bn waterfront project with new cruiseship terminal.
Cape hat-trick Nasdaq-listed OceanFreight buys third capesize bulker from CMB in four months.
Largesse shower Sovcomflot accuses Yuri Nikitin of showering its former chief Dmitry Skarga (pictured) with largesse as $800m corruption trial gets underway in London.
Frozen out Unions demand for pay increase rejected at industry wage negotiations.
It's war! Richard Branson and Idan Ofer's Carbon War Room group launches campaign to transform shipping industry's green profile.
Nasco buys trio Chinese owner grabs supramax resales at compatriot shipbuilder in $80m swoop, brokers say.
ABG cash bid Indian shipyard seeks investor backing to raise borrowing limit in pursuit of Great Offshore.
Dock damages American Steamship sues harbour company over grounding of laker that hit submerged concrete debris.
Slim pickings Crisis looms as Croatia receives only two offers for two of the five shipyards up for grabs in privatisation.
Cosco cashes in Chinese giant raising $38m from disposal of stake in asset management venture with ICBC and Credit Suisse.
Statoil slide Norwegian energy firm keeps hold of two Eidesvik Offshore PSVs at reduced rates.
Truck trouble Stena Line and haulier rapped over accident that saw tanker trailer crash through ferry's stern door off UK.
Jutha offloads Thai shipowner disposes of elderly general cargo vessel as it takes delivery of new ship from Japan.
Paying Peter Genmar chairman Peter Georgiopoulos pockets $15m of fee owed following merger with Arlington Tankers.
Bogged down Veteran domestic asphalt carrier Bogtind runs aground off Norway.
Royal rumble Royal Caribbean and Carnival ships damaged after strong wind causes smash up in Mexican port.
Second sting Korean yards crash again as fears of CMA CGM cull spread throughout the sector.
Rickmers tie-up German heavylift vessel operator expands transpacific co-operation with Eastern Car Liner.
Green gas plan Terminal company Vopak to study feasilibity of CO2 storage hub in Netherlands.
SeaMetric cancels Giant marine heavy lift system in disarray after plug is pulled on newbuilding work in China.
Lessors let off Rickmers Maritime, Danaos and Global Ship Lease appear unaffected by CMA CGM woes.
Seafarer wages frozen until next year At its meeting in Manila, the International Bargaining Forum, IBF, has reached an agreement to freeze salaries until sometime next year. The reasons are the current difficult economic situation and
Leaking ballast water expensive in USA Greek shipowner Polembros has been banned from American ports for three years, fined USD 2.7 million and ordered to pay a USD 100,000 contribution to invasive marine species research
Quarterly bunker prices up over 20% Firmer fundamentals keep bunker values relatively higher compared to crude.
Strong gains for bunker prices Prices moving higher despite losses of more than $1 on the NYMEX.
Regional hub sees prices firm Average demand in the UAE hub.
California clarifies low-sulphur safety exemption Warns owners that repeatedly invoking exemption will not be tolerated.
New bunker tanker in operation Shell New Zealand will be able to start supplying 380 cSt product.
Asian bunker prices firming Enquiries at key Asian ports were low.
Singapore residual fuel stocks at nine-week low Stocks of middle distillates fall too.
Bomin appoints regional credit manager
Greek company's ships banned from US waters Pleaded guilty to several pollution charges.
Singapore mulls storage options Developer can either build floating oil storage or reclaim more land.
Lower bunker prices drive down fuel surcharges Matson to lower its bunker fuel surcharges on Sunday.
Profit halved for bunker tanker owner Marine fuel sales fall 77%, but company says higher crewing costs to blame for profit dip.
Aramco, BP sell fuel oil cargoes Supplies in Asia expected to remain tight until the end of the year.
ECA implications for fuel supply chain Refiners still 'uncertain' about how much low-sulphur fuel will be needed, Sustainable Shipping conference hears.
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