MCC brings in another container vessel in Sept MCC Transport Philippines is bringing in another container vessel to ply its lucrative Philippine domestic service.
Bulk shipping demand to rise, supply gains to slow: Nomura Demand to haul commodities such as coal and iron ore at sea will strengthen and fleet growth slow, according to Nomura Holdings Inc.
Agility: new container freight station in Dubai Kuwait-based Agility has opened a new container freight station (CFS) to offer consolidation and redistribution services from its hub in Dubai (UAE). The new CFS enables Agility to...
Group 7 offers new textile solution The German logistics service provider Group 7 recently rolled a new one-stop logistics chain. Group 7's latest offer encompasses a finished goods collection service from ...
UASC taking Hapag-Lloyd Indian Ocean-Europe slots The Kuwait-based carrier United Arab Shipping Company (UASC), which was jointly established by Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia and the UAE, has agreed to take slots on H...
Port of Riga improving facilities The chairman of the Latvian railway, Ugis Magonis, believes that the port of Riga could become the largest port in the Baltic. After the breakdown of the Soviet Union, the port los...
Scottish-Dutch oil and gas logistics JV launched The Aberdeen-based Scottish oil and gas logistics specialists Asco has entered into a joint venture with the Maritime Service Centre IJmond (MSCIJ) group of companies (Netherlands)...
Logwin carries tank on the Danube The international logistics service provider Logwin transported a special 13 t tank by barge from Regensburg (Germany) to Cernavoda (Romania) for manufacturer Passavant Roediger. T...
Arctic Sea found near Cape Verde MISSING general cargoship found by Russian navy according to the country's defence Minister Anatoly Serdyukov.
Search continues for Arctic Sea
SLS Shipbuilding hit by fresh dispute D'AMICO International Shipping and Glencore have launched further arbitration in bid to cancel product carriers order.
Creditors set to approve Wadan deal SOLUTION for the bankrupt German Wadan Yards is imminent, following a creditors' meeting taking place today.
Russia grabs Arctic Sea's crew A RUSSIAN cargo ship's crew is safe today on a warship and the Arctic Sea mystery solved, owner Viktor Matveyev confirmed to Fairplay
Windstar on insolvency ropes AMBASSADORS International, owner of Windstar Cruises, is warning that liquidity pressures could force it to seek bankruptcy protection
Fortescue strikes China deals FORTESCUE Metals today locked in iron ore prices and volumes with Chinese customers for the next six months, stealing a march on rivals BHP Billiton and Rio Tinto
RCL aims to get back to black THAILAND'S RCL has posted a net losses of 1Bn baht ($30M) for the first half of this year, but it aims to return to the black in the third quarter
Golden Ocean profits cut by half GOLDEN Ocean today said its profits for 2Q09 were slashed by 50%
Eimskip's creditors back shuffle CREDITORS of Iceland's Eimskip today unanimously approved a package put together by a US private equity investor and an Icelandic bank
EMGS encouraged by revenue rise NORWAY'S offshore company EMGS has posted 2Q09 net income of $7.1M, a fall from the $28.8M recorded last year
Golden Ocean's profit halved The struggling John Fredriksen-controlled dry bulk operator Golden Ocean's profit fell more than 50 per cent in the second quarter. The company reported an operating profit of USD 28
Lukoil takes delivery Keppel Singmarine Shipyard in Singapore has delivered the first of two supply vessels, the Langepas, to Lukoil. The second vessel, the Koglym, is expected to be delivered shortly. Both vessels
Norwegian cement carrier runs aground The Norwegian-controlled cement carrier Cembalo, flying the Bahamas flag, ran aground last weekend on Hals Barre outbound from Aalborg with a full cargo of cement. The vessel sprung a
Weak first half of 2009 for DFDS DFDS Group reports a substantial decline in revenue in the first half of 2009 'l 25 per cent, from DKK 2.2 billion to DKK 1.6 billion. Despite the
Lithuanian sailors on their way home Five Lithuanian seamen, who were taken hostage on the Lithuanian flagged reefer vessel Saturnus in Nigeria on August 3 and released on August 14 are expected to come home today
Full City pulled off ground Around noon today, the Full City was pulled off the ground and will be towed to Eikstrand later today. The vessel hit the rocks off Langesund on July 31 and
Hapag-Lloyd asks for loan guarantees The German shipping company Hapag-Lloyd has applied for EUR 1.2 billion in German state loan guarantees, reports Reuters, quoting a government source. Earlier this year, the German consortium
Shipping emissions have biggest impact on ozone New study compares three modes of transport, highly-sensitive areas highlighted.
Bunker prices plummet in Europe Crude showing further losses on NYMEX.
Bunker terminal has 'no military objective' Sri Lankan ports minister says Hambantota development is a commercial project.
Container revenue 29% down year-on-year Shipping company blames low rates and less revenue from bunker surcharges.
Engineer facing criminal charges for fuel spill Conviction on all counts could lead to five years imprisonment and fine.
Company launches physical operations in Lübeck O.W. Bunker strengthens its presence in the Baltic region.
Weakening crude pulls down Asian bunker prices 380 cst bunkers fall by more than $20 in Singapore and Hong Kong.
Japan June bonded sales fall 18.9% But month-on-month sales rise 2.6%.
Pakistan bunker supplier opens new trading arm New firm will have offices in Pakistan and the UAE.
Second half 'will be worse' for shipping companies DVB Bank expects more cases of shipping companies falling foul of loan covenants.
Shanghai bunker prices closing gap with Singapore Premiums have also narrowed compared to Busan and Hong Kong since Chimbusco's change of pricing policy.
Catalyst allows 'higher fuel efficiency' Tests claim catalyst can cut fuel costs by an average of 9%.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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