Maritime leaders prepare for choppy waters While maritime industry leaders gathered to celebrate the new year at the annual Singapore Maritime Foundation (SMF) New Year cocktail reception, it was inevitable that the downturn in the industry weighed on their thoughts.
Cosco's president named CMA's Commodore 2009 COSCO president and CEO Capt Wei Jiafu has been named the Connecticut Maritime Association (CMA) Commodore for the year 2009.
Macedonian government renames highway after Alexander the Great The Macedonian government has renamed a main highway after the ancient conqueror Alexander the Great, whose ethnic origin is one part of the thorny 17-year dispute between Macedoni...
Aramex opens new Oman office The Middle Eastern forwarding, logistics and express service provider Aramex announced that it has opened a new office in Oman to support the Sultanate's rapidly-growing freight, l...
DGX to open logistics facility in Manila Dependable Global Express (DGX), a NVOCC from the USA, is opening a logistics and freight forwarding facility in Manila (Philippines). DGX is expanding its Asian network to take ad...
Trans-o-Flex starts Benelux reefer transport services The company Trans-o-Flex ThermoMed GmbH & Co KG expanded its reefer network into Belgium, the Netherlands and Luxembourg on 5 January 2009, allowing customers from the pharmaceutic...
BA returning to Saudi Arabia British Airways is resuming its flights to Saudi Arabia on 29 March. Riyadh and Jeddah will be served five times a week from London Heathrow (UK). The link to the Saudi capital wil...
UTi Worldwide names Eric W. Kirchner as CEO UTi Worldwide, based in Long Beach CA (USA), has appointed Eric W. Kirchner as its new chief executive officer. Kirchner, who will also become a member of UTi's board of directors,...
Copa expanding Central American network Panamanian carrier Copa Airlines began new flights from Panama to Santa Cruz (Bolivia) and Oranjestad (Aruba) in December, the airline's 44th and 45th destinations. The service wit...
New Year rings changes at GAC The new year has brought key personnel changes to the GAC Group, a global shipping, logistics and marine services provider headquartered in Dubai (United Arab Emirates). Christer S...
AA to fly between Madrid and Dallas US carrier American Airlines will begin a daily non-stop service between Dallas/Fort Worth international airport (TX, USA) and Madrid (Spain) on 1 May, with Boeing B767-300 aircraf...
Ralf Lotric joins Kube & Kubenz executive team The company Kube & Kubenz internationale Speditions- und Logistikgesellschaft mbH & Co. KG, headquartered in Hamburg (Germany) has expanded its management team. On 1 January 2009 R...
Bangladeshi shipyard to deliver units to Europe Western Shipyard Ltd, one of the largest shipyards in Bangladesh, will deliver twelve 5,200 t ships to Germany, the Netherlands and Denmark by 2011. Meanwhile, the building of the ...
Ningbo Port Group to continue expansion The Ningbo Port Group, based in the Chinese city of the same name which is 90 minutes from Shanghai, has aggressive expansion plans, including a USD 600 million investment in an un...
Felixstowe South construction proceeding apace The first shipment of piles for the new quay wall at "Felixstowe South", a new construction in the port of Felixstowe, has arrived at the UK's largest container port. The piles are...
A new milestone for Luka Koper The Slovenian port and logistics service provider Luka Koper reached a record of 16 million t of maritime cargo throughput last year, which exceeds the annual plan by 5%. The plan ...
TAAG with mounting losses The Angolan state-owned airline TAAG is losing USD 5 million a month because the European Union banned it from flying in its airspace, the Angola Press Agency said, citing company ...
Wantaniya to take off in February Kuwait's new airline Wataniya Airways will commence its first flights to Dubai (United Arab Emirates) in February. It will operate two services a day to and from Dubai and wil...
Turkish Airlines adds Baghdad to cargo network Turkish Airlines launched cargo charter flights to the Iraqi capital of Baghdad in December. Having received its fourth Airbus A310-300 cargo aircraft (with a 36 t capacity) Turkis...
Lorry parking reservation system in Germany Freight forwarding firms and drivers have been able to make use of a new parking space reservation system in southern Germany since mid-November. The "Highway Park" system allows t...
No let-up in letters of credit famine WORLD trade crippled by letters of credit famine that is preventing cargo from being shipped.
Diminishing credit leads to shrinking ship sizes
US plans dedicated Gulf of Aden patrols THE US has unveiled plans for a dedicated anti-piracy naval force in the Gulf of Aden.
Report warns on dry bulk spot rates RATES will only rise slightly above break-even levels in the first half of 2009, says US investment bank Oppenheimer.
Armada secures claims shield ARMADA (SINGAPORE) has secured protection from new claims in both Singapore and New York courts and is assuring customers on its ongoing bulker operations
Orbcomm, LR-F close satellite deal AIS DATA gathered from satellites will soon be available on a commercial basis following an agreement between US-based satellite service provider Orbcomm and Fairplay's publisher, Lloyd's Register-Fairplay
Armada discloses creditors ARMADA (SINGAPORE) has disclosed $500M in creditor claims in its urgent appeal to the Singapore High Court for 'scheme of arrangement' protection
APL moving to Arizona NEPTUNE ORIENT LINES has revealed it will move its US APL headquarters from San Francisco to Phoenix, Arizona
Newbuilding report sees drops NEWBUILDING order volume and prices are predicted to decline this year
Faststream names managing partner CHRISTIAN Lange has been made managing partner of Oslo's maritime recruitment company Faststream, it was announced today
Gazprom-Ukraine gas talks fail SEVERAL Eastern European and Balkan countries remain without Russian gas today as talks to end the energy standoff between Moscow and Kiev broke down
Saturday gates to stay open at LA-LB After storm of criticism, terminal operators for now shelve plans to shut down Saturday extended gates amid shipping slowdown
Maersk reduces head office staff A. P. Møller-Mærsk has started to reduce the staff at its head office in Copenhagen by around 100 persons. The 100 persons will be the first ever to be laid of at the head office. CEO Nils Smedegaard Andersen ...
Kappahl joins Clean Shipping Project The Swedish fashion chain Kappahl is the latest in a growing number of large Swedish import and export companies to join the Clean Shipping Project. Today, 18 companies are participating in the scheme. 77 of the largest shipping companies in ...
Norden sells six bulk carriers Dampskibsselskabet Norden has announced the sale of six bulk carriers at a profit of USD 13 million. The six ships are two Panamax bulk carriers and four Handymaxes, which have been sold for a total of USD 175 million. All ...
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