Singamas sees container demand reviving Singamas Container Holdings Ltd, the world's second-biggest maker of cargo boxes, said it has received more customers enquiries, indicating that demand may be recovering after it plunged last year.
Pirates snatch 4 ships in act of defiance Somali pirates were back in business on Tuesday, defiantly seizing four more ships with 60 hostages after US sharpshooters rescued an American freighter captain.
Avelon Group sells shares in Estonian vehicle logistics companies to Autolink Baltics Avelon Group Oy recently sold its majority shareholding in Avelon O' and Avelon PDI Services O', including the terminal operations in Paldiski (Estonia) to the other sharehold...
Rieck-Logistik-Gruppe growing despite economic crisis The German logistics company Rieck-Logistik-Gruppe, based in Berlin, improved its net turnover by 14% to EUR 130 million in 2008, despite the downturn in the last third of the year...
Technogym selects Ceva Logistics in Middle East Ceva Logistics has signed an agreement with Technogym - a world leader in the design of fitness equipment, with a turnover of more than EUR 400 million. The deal includes the ...
European Union and Canada have wider open skies agreement A new open skies agreement between the European Union and Canada removes restrictions on routes, prices and the number of weekly flights between the EU and Canada. I...
Cargolux flies to Toronto The Luxembourg-based cargo carrier Cargolux will commence a weekly B747-400 freighter service to Toronto (Canada) on 20 April.
Emirates SkyCargo debut with B777F in Frankfurt An Emirates Boeing B777F landed in Germany for the first time on 8 April. Ram Menen, Emirates divisional senior vice-president cargo, and Dr Stefan Schulte, vice-chairman of the ex...
Air China postpones launch of Sao Paulo flights Air China's service from Beijing (China) to Sao Paulo (Brazil) via Madrid (Spain) will begin on 28 June instead of last Sunday, as originally anticipated.
Rwanda-Tanzania-Burundi railway planned for 2014 Work on an extension railway line between the proposed inland dry port of Isaka in northern Tanzania and Kigali, the capital of Rwanda, is due to start later this year, f...
Turkish Airlines Cargo returns to Fraport Cargo Services Turkish Airlines has decided to give its freight handling requirements at Frankfurt airport back to Fraport Cargo Services (FCS), effective from 9 April. The airline has been ...
Service charges for pallets accepted but not well known 70% of the companies polled by GS1 Switzerland indicated that they would be willing to pay a service charge for pallets. However, it was found that the option needs to be made...
LAN Cargo traffic falls by 24.2% in March The South American carrier LAN Cargo transported 24.2% less freight in the month of March, due to the decline in Latin American imports and exports. In line with the decrease in de...
Qatar Airways signs up for Iata environmental project Qatar Airways has signed a ground-breaking agreement with the International Air Transport Association (Iata) to spearhead a truly global carbon offset trading scheme designed ...
Aeroflot-Cargo starting new freighter service in Saint Petersburg The Russian carrier Aeroflot Cargo has launched a new service on the route Frankfurt Hahn (Germany)'Saint Petersburg (Russia). The flight is operated with an MD-11F (90 t...
French Navy capture pirate ship FORCES seize mothership as pirates free the hijacked Titan and its crew of 24.
Somali pirates attack yet another two vessels
Greek ship finance set to shrink TOTAL bank funding of Greek shipowners is to shrink for the first time in eight years in 2009, says Petrofin Bank Research.
Tanker fears deepen BEARISH sentiment continues to build on the tanker sector today, with JP Morgan analyst Jonathan Chappell adding his voice to a growing chorus of concern
Pirates fail on revenge threat SOMALI pirates have failed to make good on their threat of revenge against US-flagged merchant ships, as Liberty Sun evaded an overnight attack off the Horn of Africa
China, PDVSA, Total in talks A PROPOSAL for a major oil supply and refining deal involving Venezuela, China and France's Total SA was reported today
Fewer box ships idled THE NUMBER of inactive box ships has fallen for the first time in six months, according to the container shipping consultancy AXS-Alphaliner
RCCL secures Oasis financing ROYAL Caribbean Cruises confirmed today that it has arranged financing for the world's largest cruise ship, Oasis of the Seas
US box trade said to bottom out US CONTAINER imports hit their lowest volumes in seven years in February, according to an analysis released today
Beluga opens up in Norway GERMAN project and heavy-lift group Beluga has opened a sales and chartering office in Norway, boosting its North Sea offshore focus
Sell! JP Morgan's forecast for where tankers are headed sounds a whole lot like where bulkers and boxships have been.
Raid bungled? German media blame squabbling cabinet ministers for spoiling a raid by a maritime anti-kidnapping police unit.
Novoship settles Sovcomflot subsidiary tight-lipped on details of settlement of dispute with London broker Galbraith's.
Titan freed Three other Greek vessels continue to be held as handymax with 24 crew released by Somali pirates.
Owner opens pool Christian van Oldershausen says Hellespont Shipping's move to place three vessels plus eight newbuildings in pool "makes sense in current climate".
Frank admission Sovcomflot boss Sergey Frank sees tough 2009 with "significant improvement unlikely in 2010".
Loan for RCCL Richard Fain-led cruise firm secures loan to pay for Oasis of the Seas, taking its recent borrowing well beyond $2bn.
Basic instinct NOL's Ron Widdows agrees to slice up to $8,750 per month from his basic salary as shipowner doubles cost-cutting measures.
Carrying the can Drewry says container lines have not done enough to help themselves as rates crashed around them.
Boa picks Bergen Ole Bjornevik-backed offshore owner signs $400m PSV outfitting deal with Bergen Group.
Capt Black Jack Maersk Alabama master and crew invited to Sin City card tables by modern-day Robin Hood gambler.
Substandard rise Tokyo MOU reports huge hike in detentions as market boom kept old ships on the water.
Longer stay Hurtigruten cruise ship secures two month extension to offshore accommodation charter.
Liberty attacked A second US flagged ship has been attacked by pirates of Somalia, but manages to escape.
Keppel FPSO fire FPSO damaged by blaze at Singapore yard. Delivery delayed by 'a few months' says owner.
Panama lags Drop in large boxship transits hits tonnage volumes through Panama Canal in first quarter.
Call for action AP Moller Group partner Soren Skou reiterates call for solution to piracy problems off Somalia.
Headed south Singapore ports PSA and Jurong continue to see year-on-year declines in container volumes.
Somali pirates in several attacks Somali pirates have hijacked and attacked several commercial vessels the last days. The Greek Saint Vincent-flagged dry bulk carrier MV Irene EM, was hijacked 100 nautical miles off Al
Idle container fleet decreases slightly For the first time since last September the idle container fleet declines slightly from 11.3 per cent two weeks ago down to 10.4 per cent April 13, from
REM Offshore split After years of disagreement the Solstad group and 'ge Rem'y has decided to split REM Offshore. Seven vessels, one newbuilding and 200 seamen are put into a new company which
Misunderstanding by master led to cruise vessel sinking It was a mistaken impression by the master of the cruise vessel Explorer that led to its sinking in the Antarctic in 2007. The master believed that the vessel entered
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