US transport industry hunkers down THERE have been recent signs the US economy may be stabilising after a deep dive, offering hope a recovery could be on the horizon.
Fight against piracy needs land effort too The fight against piracy must involve efforts on land and at sea, the US Navy's top officer said on Monday, saying the issue was more complex than just putting arms on commercial ships.
Strait Talk
Protect seafarers from Aids LAST week, this column touched on the perils of seafarers drinking too much on trips ashore - or at least the implications for ships' masters. Today, it looks like something else that kills seafarers is much less talked about: Aids.
US transport industry hunkers down THERE have been recent signs the US economy may be stabilising after a deep dive, offering hope a recovery could be on the horizon.
Fight against piracy needs land effort too The fight against piracy must involve efforts on land and at sea, the US Navy's top officer said on Monday, saying the issue was more complex than just putting arms on commercial ships.
Strait Talk
Protect seafarers from Aids LAST week, this column touched on the perils of seafarers drinking too much on trips ashore - or at least the implications for ships' masters. Today, it looks like something else that kills seafarers is much less talked about: Aids.
Von Bergen SA opens new logistics centre Von Bergen SA, a transport and logistics service provider based in Cr't-du-Locle near La Chaux-de-Fonds (CH), recently phased in a new logistics centre in Domdidier (canton Freibur...
Norbert Dentressangle reports declines sales and earnings The French transport and logistics service provider Norbert Dentressangle reported that its sales and earnings in Q1/2009 were lower than those in the like-for-like time frame in 2...
Global Logistics Experts established The creation of GLExperts.com was finalised in April. There were twelve founding members in eight different countries. It is envisaged to limit the number of members to about 30. T...
Aramex Q1 net profit rises by 19% The Middle East-based CEP, forwarding and logistics service provider Aramex announced net profits of AED 43.1 million for the three-month period ending 31 March 2009, an increase o...
Port of Prince Rupert: total tonnage drops by 24.5% Throughput at Canada's Port of Prince Rupert fell from 3.07 million t in Q1/2008 to 2.3 million t for the same three months this year, and represents a drop of 24.5%.&nbs...
First GL seminar for hazmat experts The new IMO-convention for the safe and environmentally sound recycling of ships aims to prevent hazardous working conditions and to ensure environmental protection during ship rec...
Shipowners welcome recommended port regulation in state of Victoria "SAL members welcomed the draft report of the Victorian Essential Services Commission which recommended a continuation of price regulation for shipping channel services provided at...
Liebherr shows strengths After the delivery of nine mobile harbour cranes (MHCs) to Kuwait-based Al Ghanim & Al Majid Logistics Group at the end of last year, the German crane manufacturer Liebherr announc...
EU slaps 17-month block on Hellenic Register COMPANY banned from classing new ships while it attempts to save its status as a recognised organisation.
Hellenic Register faces EU block
SFS and Kuwait Finance House to launch Shariah fund FUND aims to raise $150m to invest "high quality and modern vessels".
Somali piracy moves up international agenda RUSSIAN president Dmitry Medvedev, top US naval officers and Nippon Foundation offer suggestions to tackle scourge.
Liberty demands shipboard arms LIBERTY Maritime president Philip Shapiro today urged Congress to allow US-flag vessels to arm crew or contract armed security teams in pirate-infested waters
CSAV lines for sale? SPECULATION is mounting that Chilean carrier CSAV may be ready to sell off its Companhia Libra de Navegacao and CSAV Norasia lines to help reduce costs and debt
US urges Jones Act sentences NEW COURT filings have revealed the likely prison terms of four ex-Jones Act container carrier executives involved in an anti-trust conspiracy in the US-Puerto Rico trade
Warsaw to revise yard plan A REVISED restructuring plan for Poland's Gdansk yard will be submitted to the EC in the coming days, treasury minister Aleksander Grad told reporters today
Russia suggests a pirate court RUSSIAN President Dmitry Medvedev has reportedly proposed creating an international court to try piracy suspects
Eurogate stands firm on fees GERMAN terminal operator Eurogate is rejecting pressure from container carriers to cut box handling rates, chairman Emanuel Schiffer said today
Precious profits drop PRECIOUS Shipping, operator of Handysize bulkers, has reported a drop in net profits for the first quarter, even though its earnings per day of $14,485 beat its own predictions
Casualty file In weekly WebTV roundup, pirates mistake a French warship for a commercial vessel, and a fire aboard a Vietnamese general cargoship kills one.
New Med service French liner group CMA CGM to launch new route linking northern Europe with Greece and Turkey.
Finaval ship saved Italian navy comes to the rescue of the aframax Neverland during pirate attack.
Up and down Shipping economist's index fleets show 4.1% resale value improvement for bulkers in the last month, but tanker values fell by 7.7%.
Jail time proposed US prosecutors propose between 33 and 57 months of prison in US-flag antitrust case and suggest more could be charged.
Odfjell in red Negative numbers from its parcel tanker unit push Oslo-listed shipowner to a first quarter loss.
Bumps in the wind Wind causes crash between a heavy-lifter and a bulker in Brazil's port of Santos, but a products tanker escapes unscathed.
Insurer logs profit New York marine insurer Nymagic turns around last year's first-quarter losses after shifting investment policies.
Deaths down AP Moller-Maersk records 20 fatalities in 2008 down from 27 in the previous 12 months. Emissions fall by 9%.
Solvang less red Norwegian gas ship owner cuts first-quarter loss but makes loss and warns of uncertain year ahead.
Offshore account Cypriot investment house SFS teaming with Kuwaiti bank to offer sharia-compliant fund targeting offshore sector.
NAT down Bermuda-based tanker owner sees first quarter profit slip, but eyes further acquisitions in buyer's market.
Ofer honoured What does the 87-year-old shipping magnate now have in common with Winston Churchill and the Duke of Edinburgh?
Suezmax swoop Herbjorn Hansson's Nordic American Tanker picks up 2002-built vessel for $57m, its sixteenth ship.
Wrist buys again Danish ship supplier makes third acquisition in six months as it adds Norway's Torkellsen to group.
Trico slumps US offshore giant posted red ink in the first quarter as each of its units reports negative operating figures.
Sydney shutdown Seven-hour halt for Sydney Ferries as workers vote on new bargaining agreement.
PGS staff strike Workers at Jon Erik Reinhardsen-led offshore player kick-off month long action after company refuses to bow to union's salary demands.
Easter boost Holiday period helps boost passenger numbers at Estonian ferry player, but cargo volumes down.
Navios to offer Earlier purchase of capesize newbuilding from parent sees Navios Maritime Partners offer shares.
ADP falls Danish ports manager endures less profitable 2008 as oil volumes dip.
Precious stutters Thai shipowner sees profits slide by a quarter on a year ago despite locking in long-term charters.
Slower start Taiwanese bulker player Shih Wei sees first quarter profit dwindle in downturn.
Making hay Seanergy Maritime enjoys benefits of locked-in charters, but the party is set to end come September.
50 must leave Port of Göteborg After negotiations with the union Transportarbetareförbundet, the Port of Göteborg has decided to lay off 50 of the 155 persons given notice in February. About 40 employees have accepted pension
Mærsk to sell Norfolkline A. P. Møller-Mærsk Group is in the process of selling off its subsidiary Norfolkline, which operates passenger-ferry services between the UK and the Continent and the UK and
Container rates at historic low Container vessel rates hit an historic low in April when the Alphaliner charter index dropped to 43 points, well below the previous low point of 57 points in 2002. According
Stena profit down In 2008, sales in the in the Stena group increased to SEK 26.5 billion compared with SEK 22.4 billion in 2007. At the same time, the annual report
Panama fears swine flu The Panama Port Authority has introduced a number of measures to tackle the spread of the H1N1 swine flu virus, reports Lloyd's List. Ships transiting the Panama Canal will now
Low-sulphur fuel rule full steam ahead California Air Resources Board talks to Bunkerworld about feasibility of using MGO and MDO.
Fujairah pipeline project ready in less than two years Pipeline bringing crude oil to UAE bunker hub will load first tanker in January 2011.
Bunker prices in North Europe firm Southern Europe prices mainly steady.
St. Petersburg fuel oil transshipments rise Throughput at oil terminals bucks overall port trend.
Total in fuel oil deal French oil major Total is reported to be strengthening its presence in the Singapore fuel oil market.
Maersk Group cuts CO2 emissions by 9% Reduced fuel consumption on ships major factor behind improvement.
Singapore, HK bunker prices at six-month high Asian bunker prices continue to firm with cargo values up.
Marine industry facing long road to recovery Shipping could take longer than other sectors to recover from credit and liquidity crisis, say industry insiders.
Topoil welcomes sales manager Says new team member will help Topoil become 'even stronger player on the Scandinavian market'.
Philippine team want to remove wreck by June Deadline of June 21 marks the first anniversary of the sinking of Princess of the Stars.
MSDS provision revised MPA highlights new recommendations for Material Safety Data Sheets.
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