MOU on shipping training programme signed More options will be opened up to people interested in joining the shipping industry with the signing of a memorandum of understanding (MOU)
BDP Logistics sets up oil and gas subsidiary BDP Project Logistics is jumping into the oil and gas sector by setting up a Singapore-headquartered subsidiary to chase global opportunities in the oil and gas supply chain.
MISC, PTP agree to scrap joint venture MISC Berhad, Malaysia's leading international shipping line, and Pelabuhan Tanjung Pelepas Sdn Bhd (PTP) have mutually agreed to terminate a joint venture and shareholders' agreement inked last year following the shipping line's withdrawal from the Grand Alliance.
Gefco celebrating 60th anniversary The French transport and logistics service provider Gefco is celebrating its 60th anniversary and 60 years of know-how in the industrial logistics sector this month. Esta...
SDV International Logistics creates JV in Bangladesh SDV International Logistics, a brand of Bollor' Logistics, and the Expolanka Group have created a private limited company called SDV Bangladesh. The joint venture's ...
Iron Mountain rents space at Domodedovo north Iron Mountain, a global leader in the provision of information protection and storage services, recently signed a 10 year contract for 5,860 sqm of class A rental space at Dom...
P&O Ferrymasters expands in Greece Faster expansion into the Greek market is behind the latest in a series of agreements unveiled by P&O Ferrymasters, a supply chain and logistics specialist. Global Mariti...
Pacer CEO Uremovich steps down, Avramovich appointed as new CEO Pacer International, an asset-light North American freight transportation and logistics service provider, announced that its chairman and chief executive officer, Michael E. U...
Paris aid hinted for CMA CGM TALKS involving the French government, banks and potential investors are being held in Paris today, which Fairplay was told could lead to government aid for CMA CGM
US box volumes rising MONTHLY box volumes at US ports in the first half of 2010 are expected to exceed volumes in the same months of 2009, according to IHS Global Insight
Iran fires key test missile IRAN HAS succeeded in test-firing its most advanced long-range missile ' one day after the US House passed an Iran sanctions bill that targets shipping
RBS lends GulfMark has won a new $200m credit facility for the US-flag operations of the former Rigdon Marine.
Humbolt fixed UK's All Leisure Group finds first charter work for cruiseship Alexander von Humboldt.
Delvina free Greek-owned bulker and 21 crew released by Somali pirates but owner mum on ransom amount.
Unspun Sometime spinoff OSG America is set to be delisted after being reabsorbed by its parent company.
Missing letter Vital letter authorising Clarksons to pay third party commissions went missing while sale and purchase broker Richard Gale is alleged to have been put under undue pressure to back his employer's defence.
DFDS supersizes Danish ro-ro player snaps up Norfolkline from AP Moller-Maersk for EUR 346m.
Kjaerulff out Nordic Tankers chairman Klaus Kjaerulff steps down as terms of departure from Torm "inconsistent" with job.
All honest men Clarkson's finance chief vouches for credibility of fellow directors before explaining what the broker knew of commission arrangements with Yuri Nikitin in Sovcomflot corruption trial.
'A perfect match' DFDS boss Niels Smedegaard says takeover of Norfolkline will extend Danish owner's reach and save EUR 18m per year.
Messina takes four Italian owner signs up for a quartet of conros at Korea's Daewoo in deal worth $300m.
Paris buys resale Paris Dragnis-led Goldenport Holdings has bought a supramax bulker resale in South Korea.
Double fix Brazil's Log-In takes two bulkers to service bauxite contract as it awaits newbuildings.
DFDS takes over Norfolk Line DFDS has reached an agreement with A.P. Møller-Mærsk to acquire Norfolk Line. The deal has been signed, but is subject to confirmation by EU's competition authorities. Norfolk Line has
South Korean shipbuilding breaks new ground The announcement "Samsung Heavy Industries breaks new ground for the Korean shipbuilding industry, ending the long-term domination of the cruise ship market by EU shipbuilders' is taken directly from
Panama throws out vessels in anti-detention raid The Panama Maritime Administration, PMA, has cancelled the registration of 73 vessels and a further 101 vessels may face the same fate, as Panama looks to cut the number of
Italian owner orders giant ro-lo quartet Italian Messina Group has ordered four ro-lo vessels from South Korea's Daewoo for USD 300 million. Deliveries are scheduled from October 2011 to February 2013. The vessels are reported
SOS from container lines The members of the Transpacific Stabilization Agreement ' i.e. all the major container carriers such as NYK Line, Maersk Line CMA CGM, Hapag Lloyd ' have adopted a voluntary Emergency Revenue Charge
Kjærulff forced to leave Nordic Tankers Nordic Tankers' chairman of the board of directors, Klaus Kjærulff, will leave his position as chairman at an extraordinary general assembly this week, where the shareholders have to decide on
Transatlantic CEO leaves Transatlantic's CEO, Anders Källström, has left his position with immediate effect, but will be at the disposal of the Management Board for six months. "Developments in our markets are such
Viking Line remains profitable Viking Line Abp remains strong on a market characterised by fierce competition and the ongoing financial crisis. For both passengers and freight, the company recorded growth during last fiscal year
Finnish no to ECA emission limits The Finnish government has decided not to approve the change in Annex VI of the MARPOL convention concerning lower limits to, among other things, sulphur emissions from ships in emission
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