Toll Group to operate railway in Cambodia Australian logistics provider Toll Group is building up its capabilities in Asia. It has sealed a 30-year concession to operate Cambodia's railways and has acquired Perkins Group Holdings, the parent of Perkins Shipping Group, which provides services between Darwin and north Australian ports and Singapore.
Baltic Dry Index posts 4th gain on Chinese demand The Baltic Dry Index, a measure of shipping costs for commodities, posted a fourth consecutive gain as Chinese raw-material demand brought port congestion.
Gulf tanker rates fall on lower vessel demand The cost of delivering Middle East crude to Asia, the world's busiest route for supertankers, fell for a second day in London as vessel demand slowed.
Rhenus: two new cross-dock warehouses in Great Britain Rhenus Logistics Limited in England moved into newly constructed cross-dock warehouses in Cannock and the northern English city of Bradford in May. As the previous capacity at the ...
Food chain Iceland awards major contract to DHL DHL Supply Chain has been awarded a five-year contract worth GBP 500 million (approx. EUR 580 million) to manage the UK warehousing and distribution for the food retailer Icel...
Trans-o-flex takes over combi-freight and special services for Ratiopharm Thanks to its combi-freight services (the combined shipment of goods on pallets and in parcels in one network) and its expertise, trans-o-flex Schnell-Lieferdienst was again able t...
Pallet trade: optimism raises its head again Inka Paletten GmbH, Europe's largest manufacturer of disposable wooden pallets, carried out an economic survey of German pallet dealers in May. The study revealed that the dea...
Global diesel locomotive market drying up After several years of good market conditions, the worldwide demand for diesel locomotives is in for a downturn. In its latest multi-client study, SCI Verkehr isn't expecting a rec...
Qatar on shopping spree in Paris Qatar Airways has continued its strong commitment towards maintaining an aggressive expansion strategy by signing a firm contract for 24 Airbus A320 Family aircraft at the Paris Ai...
Rotterdam and Amsterdam cross the border The European Union's new export control system (ECS) is leading to new customs obligations in all the European ports. Every year, more than 2.5 million export shipments leave the E...
GM plumps for Grimaldi as supplier of the year At the 17th annual awards nomination presented on 5 June at the GM Heritage Center in Warren MI (USA), the Italy-based Grimaldi Group was recognized by General Motors as a 2008 Sup...
Rivals slam CSAV rate cuts in wake of charter rescue deal GERMAN owners have second thoughts as other lines call for level playingfield after CSAV drops rates.
Jaya shares crash on disclosure SHARES of shipbuilder and charterer Jaya Holdings crashed 36% by S$0.21 ($0.14) today after an announcement yesterday that it has sought repayment concessions from creditors
Singapore bunker fee slashed BUNKER surveyors in Singapore will be pressed to adhere to strict accreditation norms despite the recession, warned the Maritime & Port Authority, which also unveiled a 30% waiver on the assessment fee
Fragmented drybulk predicted DRYBULK consolidation is not possible in a recession even though prices are low, Precious Shipping's managing director Khalid Hashim said today
Genoa's opera of troubles ACCUSATIONS of fraud, abuse of office and extortion in relation to the allocation of quays are at the centre of a judge's decision to stop terminal operations at Genoa in 40 days
DSV backs out of DFDS deal DSV has decided to withdraw its bid for DFDS shares. In an announcement to the Copenhagen Stock Exchange DFDS states: "On 13 January 2009 Vesterhavet A/S and DSV A
Wärtsilä launches services for ship lay-ups Wärtsilä is introducing a package of services for hot and cold vessel lay-ups. It covers deactivation, reactivation, lay-up inspections or a combination of those features. The lay-up
Odfjell in new joint venture Odfjell will start up a new joint venture with Saudi NCC to initially pool 15 tankers of 660,000 tons deadweight. The pool will be launched at the beginning of next
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