The ocean race and the branding game The Boston Consulting Group (BCG) would like to make the Volvo Ocean Race (VOR) as big a name in the corporate event world as the America's Cup but it will be a delicate balance between giving the sponsors what they want while maintaining the extreme edge of the race.
London rally over jailing of seafarers Employers, trade unionists and shipping industry representatives will rally outside the South Korean embassy in London next Friday to protest against what they describe as the politically and economically motivated imprisonment of two men in South Korea, according to a statement issued by the International Transport Workers' Federation (ITF).
Polet delivers spacecraft to Baikonur An AN-124-100 Ruslan, owned by Polet Airlines, delivered an Express MD1 to the Baikonur Yubileiniy cosmodrome on 19 December. Polet's fleet of aircraft transported a total of six u...
Russia to levy toll on foreign trucks The government of the Russian Federation resolved to introduce road charging for foreign trucks of 3.5 t and over on 24 December. The toll will be implemented on 1 February 2009. I...
Fuel surcharge decreases Japan Airlines Cargo will lower the fuel surcharge to EUR 0.65 per kg actual wieight on 20 January. On 19 January Qatar Airways is reducing its fuel surcharge to EU...
UPS Switzerland celebrates 20th anniversary The UPS brand appeared on the Swiss market for the first time on 27 January 1989. The UPS parcel service became available in 1986 as a joint venture (JV) with Fracht Air ...
Metro Group Logistics inks contract with Raben Group Metro Group Logistics (MGL) Ukraine, a cross-sector enterprise for members of the Metro Group, has signed a three year cooperation contract with the logistics service provider Ukra...
Hellmann transfers Czech business to Gebr'der Weiss The Austrian logistics service provider Gebr'der Weiss (GW) is taking over the overland and logistics activities of Hellmann Worldwide Logistics in Czechia. The move wil...
LGI to build logistics centre for HP The German logistics service provider LGI Logistics Group International (LGI) is opening a new location in H'nxe (DE) on 1 may this year. Some 40,000 sqm of space will be used for ...
Örebro Airport on the way to a new freight record For the third successive year, Örebro Airport (SE) expects a new freight record in 2008. The airport handled a record 25,411 t of freight during 2007, but the amount...
Oskar Schunck establishes own company in Turkey The Turkish consultancy G.L.S. Global Logistics Consulting Services, which has been advising and representing the German insurance broker Oskar Schunck in Turkey, is currently assi...
Budget for non-metro Indian airports An outlay of INR 64.435 billion has been proposed for development of non-metro airports in India, according to the country's minister for civil aviation. The Airports Authority of ...
SPC launches new intermodal service SPC Multiusos - Servi'o Portugu's de Contentores SA, which belongs to the Sapec group, has started a new intermodal transport service for automobiles in partnership with the road t...
Rodorail investing in a big way The Portuguese logistics service provider Rodorail Logistics has added 17 tractors and 25 trailers to its fleet in response to lively demand. It also acquired two new reachstackers...
Ukrainian railway hikes transit rates The Ukrainian railway operator UkrZaliznytsia (UZ) is raising its transit fees between 1.5 and 1.75-fold, depending on the type of commodity. The corresponding changes have already...
A facelift for the Monte Olimpino tunnel The Monte Olimpino railway tunnel to the south of Chiasso (Switzerland) will be closed entirely for an overhaul this year. This will probably result in a loss of turnover for the S...
Affolter Transport: two new tractors Affolter Transport AG recently augmented its fleet by 1,360 hp, when the German truck manufacturer MAN Nutzfahrzeuge delivered a MAN TGX 33.680 6x4 and a MAN TGX 41.680 8x4 tractor...
Ryder System scoops up Edart Leasing The US transport and logistics provider Ryder System Inc, based in Miami FL, acquired 100% of the truck leasing enterprise Edart Leasing Co, headquartered in Hartford CT (USA), at ...
Pierandrea Galli leaves AZ Cargo Pierandrea Galli has resigned from his position as director of Alitalia Cargo after working for the Italian airline Alitalia for more than two decades. The fate of Alitalia's cargo...
Germany: freight traffic continued to rise in 2008 The German federal statistical office Destatis reported that goods transport in Germany continued to increase in 2008. Based on monthly key data available, Destatis expects the fol...
New Elbe Tunnel: building to start in 2011 Construction work on a new River Elbe tunnel for the Baltic Sea-A20 motorway to the west of Hamburg (northern Germany) is scheduled to start in 2011. Germany's fede...
Bad blood over Hapag-Lloyd deal THE DRAMATIC downturn in container shipping has prompted second thoughts among Hamburg politicians and investors about the pending acquisition of Hapag-Lloyd
LNG shipped to gas-strapped Greece GREECE has bought two LNG spot cargoes after price tensions between Russia and the Ukraine withheld piped gas for a tenth day, reports Bloomberg
Drewry sees toughest year for boxes SHIPPING consultancy Drewry is forecasting the toughest year yet for the container industry
Moscow bank warns over Fesco A MOSCOW bank issued an investment warning today for Russian dry cargo company Far Eastern Shipping
Hebei Spirit crew granted bail THE SUPREME Court of Korea granted bail today for the master and chief officer of Hebei Spirit, legal sources in Seoul confirmed to Fairplay
Port of Tacoma port could scale back plan for NYK container terminal Sour economy and declining trans-Pacific trade could mean that a planned mega-terminal for NYK at Washington port will be down-sized
Go ahead for Broström deal The EU Commission has approved the A P Møller-Mærsk acquisition of G'teborg-based tanker owner/operator Broström. No conditions remain and the deal can now be finalised. The acceptance period expires on Friday January 16 and Maersk is expected ...
Sharp drop in ship values A five-year old VLCC was worth USD 163 million in August last year. Now it is down to USD 100 million, and according to Baltic Exchange the value has declined by USD 4 million the last week alone, Fairplay ...
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