Baltic Dry Index declines for third straight week The Baltic Dry Index, a measure of shipping costs for commodities, posted a third consecutive drop on Friday on weakening demand for iron ore to make steel.
Deutsche Post with new name and a new strategy Frank Appel, the CEO of Deutsche Post World Net (DPWN), recently presented the corporation's strategy to make it fit for the future. The company is called Deutsche Post DHL with im
CMA CGM to rationalise SEAS service The French shipping line CMA CGM is rationalising its SEAS service, operated in partnership with China Shipping, Maruba and K Line. The SEAS 1 and SEAS 2 loops will be merged into
Eukor to redeliver up to 50 ships EUKOR, the South Korean vehicle carrier group, might redeliver another 20-25 vessels to charter owners this year in an attempt to readjust its capacity, president and CEO Jan-Eyvin Wang said today
Australia spill estimate shoots up THE PACIFIC Adventurer oil spill crisis worsened today considerably, with Queensland's government declaring southeastern beaches disaster zones and owner Swire Shipping twice increasing its estimates of fuel lost
Shipping in N Korea firing line NORTH Korea today issued a warning to shipping operating in two designated 'danger zones' ahead of a planned satellite launch
Exports in need of a confidence boost Japan, China, Germany, Thailand the UK, the message is the same: exports are in rapid descent mode, turning the supply and demand business plans of ocean carriers upside down and economies into reverse gear.
Panalpina profits halved:layoffs planned
Premier Wen: 'Confidence more important than gold'
WWL vessels in lay-up Wilh. Wilhelmsen's two ro-ro vessels Toba and Tapiola, built 1979 and 1978 resepectively, are now laid up in Lyngdal, Norway. The vessels, currently under charter to Wallenius Wilhelmsen Logistics
North Korea warns shipping before missile launch North Korea has informed the International Maritime Organization, IMO, that it intendes to launch a rocket sometime during 4-8 April. The country warns that parts will fall into the sea
Seven years in jail for Egyptian ferry owner The owner of the Egyptian ferry the Al Salam Boccacio 98 whick capsized and sank in the Red Sea in 2006 with the loss of 1,000 lives, has been sentenced
Americas: Prices bounce back upwards to end week Rebound after Thursday's 11% surge for oil.
TSA takes a 'fresh look' at bunker adjustment Bunkerworld prices being used for new surcharge calculations.
Europe: Bunker prices see strong gains in Rotterdam But prices in key Mediterranean ports softening.
Bunker spill 'significantly' worse than first thought Reports from Australia say oil slick has appeared in the Brisbane River.
Supplies may be cut-back at Red Sea ports Sources say a local refinery will stop supplying bunker market, reducing product availability.
Spanish politicans soften position on Gibraltar bunkering New agreement calls on Spanish government to co-operate on monitoring spillages and security.
Dutch trader moving to bunker purchasing role Will be in charge of developing the company's bunker purchasing strategy.
More support for 'climate levy' on bunker fuel Reports say Japan now backs a global charge on marine fuel.
Durban bunkers tight on unexpected refinery shutdown Supplies of fuel oil for next week 'fully committed'.
Asia: Bunkers prices firmimg At least one supplier in Tokyo Bay has sold out for March, traders say.
Singapore sees lower bunker sales in February Monthly sales volume at a fifteen-month low.
Oil spill area a 'disaster zone' Australian authorities and shipowner of Pacific Adventurer deploy clean-up teams to deal with bunker spill.
China can spark oil price rebound Chinese oil demand will increase in one to two years, oil market analyst says.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
