Singapore remains preferred bunker port The world was at the brink of financial collapse over the past 13 months, but total bunker sales at the Singapore port rose about 3 per cent in the first nine months of the year, in a ringing endorsement of Singapore's reputation as a bunkering centre of integrity.
S'pore plans more electronic navigation charts Singapore will work with Hong Kong to produce a high-density electronic navigation chart with more detailed seabed topography of channels in Singapore and Hong Kong port waters.
Joint FedEx/A´roports de Paris investment FedEx and A´roports de Paris are investing USD 158 million in expansion at Paris Roissy-Charles de Gaulle airport. FedEx Express, a subsidiary of the FedEx Corp, is increasing the ...
Kuehne + Nagel opens new office in Krakow To better serve the growing demand for logistics services in the dynamically developing south-eastern part of Poland, the giant logistics service provider Kuehne + Nagel has opened...
GAC brings Swiss Post Solutions to the Middle East The Middle East-based GAC Group has signed a strategic partnership agreement with leading integrated document management specialist Swiss Post Solutions to bring its core document ...
Garbe to construct logistics park in Dortmund by 2014 The German logistics real estate developer Garbe is building a logistics park called Westfalenhütte on a brownfield site in Dortmund (Germany). The cost to develop the 45 ha site w...
Jet Airways upgrades London Heathrow centre The Indian airline Jet Airways has moved its facilities at London Heathrow airport to Terminal 4, enabling it to offer customers enhanced services in the British capital. The move ...
American Airlines Cargo receives security partnership award The US carrier American Airlines Cargo (AA Cargo) been presented with DHL Global Forwarding's Airfreight Security Partnership Award. It was offered in recognition of AA Cargo's pro...
Germany's railway industry suffers decline despite economic stimuli Germany's railway industry suffered a 23% drop in orders in H1/2009. The volume sank from EUR 6.1 billion in H1/2008 to EUR 4.7 billion this year. A massive fall in demand (44% com...
Port of Ghent joins European Federation of Inland Ports The European Federation of Inland Ports (EFIP) has welcomed the port of Ghent as a new member. Joining the EFIP represents a natural move for Daan Schalck, CEO of the port of Ghent...
Owners snap up newbuilding order discounts at Asian yards More than $2bn in bulk carriers ordered in the last eight weeks, as distressed South Korean and Chinese shipyards drop prices 40%
Renewed call for safer ship breaking Seven fatal accidents reported in Bangladesh in four weeks
CCNI wins $61m equity investment Owners come to the rescue with charter reductions
Navios draws up $375m note offering Private bond offering for debt repayment and two capesize newbuildings
Unions reject STX Europe plans Training and redeployment programme turned down
Quicker forwarding urged SLUGGISH customs authorities need to up their game to slash freight clearance times, a sector authority told delegates today in Lithuania
Croatia fails to win yard easing DAMIR Polancec, Croatia's economy minister, has failed to persuade EC commissioners to change the terms on which five of the country's loss-making yards might be sold
Spanish shipbuilding gains aid MADRID has approved a €65.8M ($98.13M) subsidy to aid Spanish shipbuilding
$1Bn boost for Brazil exports BOX CARRIERS and food exporters operating from Brazil are this week celebrating close to $1Bn in new contracts signed with importers at the German Anuga food trade fair in Cologne
Junk bonds are back NAVIOS Maritime Holdings disclosed today that it will sell $375M in notes, confirming recent banker speculation that shipping's junk bond market has now reopened
Yard to be leased Petobras reportedly plans to lease the former Ishibras shipyard for 20 years, pumping in $80m worth of investments.
Eisa's new yard Synergy Group is set to build new $876m facility, Estaleiro Eisa de Alagoas, in north-eastern Brazil.
'Dire straits' Claiming the offshore vessel owner is in financial crisis, Christen Sveaas once again demands board seats at Trico Marine Services.
Drill consolidator? US listing by John Fredriksen's Seadrill is likely to lead to a wave of drilling sector consolidation, analyst says.
'You lied' Finger pointed at former Sovcomflot CFO Igor Borisenko in London court over ship sales to Greece's Primal Tankers.
Deep sea strike Pirates' hit on Cosco bulker 700km out to sea sets a new benchmark, officials say.
Out goes Cresty But Canfornav still hoping to take delivery of remaining Jiangsu Eastern newbuildings after first ship refused.
Dubious dates Judge and barrister grill Igor Borisenko on dates of important meetings which "cannot be reconciled."
Third tanker cut Delivery delays put pay to another Stolt-Nielsen newbuilding at SLS.
Hong Kong slips Container traffic falls in September at Hong Kong container ports after three months of improvement.
Panamax pinched Cosco bulker hijacked by pirates off Somalia, military sources say.
Let's list again Oslo-listed Dockwise lines up Amsterdam float as part of wider fundraising effort.
Notes for Navios NYSE-listed Navios, led by Angeliki Frangou, lines up $375m notes issue to pay for capesize pair.
Cash needed US businessman Steve Rodrigues has new plan to restore historic art-deco ferry Kalakala, but still short of funds.
Southern spat Owner of troubled Australian ro-ro Matthew Flinders faces court action over unpaid office rent.
Creditor support Over 95% of creditors backing new Zim rescue package involving deferred debt payments and $100m safety net, Israel Corp says.
KLC cancels South Korean bulker owner scraps overseas bond sale and aims for domestic fundraising instead.
Loss revealed CMA CGM boss Rodolphe Saade said his container line plunged $515m into the red in first half.
Lining up cash Offshore shipowner Acergy clinches $500m of work installing pipelines off Nigeria.
Over - for now Piraeus dockworkers suspend strike after government agrees to renegotiate Cosco deal.
Ice cool German cruiseship's manoeuvre between two icebergs off Greenland to be probed.
Eyeing top spot Evergreen founder Chang Yung-Fa lines up 100 vessel order in 2010 as he plans to build the world's leading container line during his lifetime.
Fake IMO mystery Canadian authorities stumped as ship of "unknown origins" with suspected refugees seized near Vancouver.
Bulker boost Eships of Abu Dhabi wins three-year deal to carry 1m tonnes of aluminium oxide.
Double trouble Timber and containers lost overboard from two cargoships in strong winds off the Netherlands.
Ill wind Princess Cruises vessel lists briefly after being battered by gales in the Atlantic.
Fruitful third Andre Goedee's Dockwise sees its bottom line double in the third quarter despite dip in oil & gas transport market.
TMT scraps again Nobu Su sends another VLCC to the breakers, but prices have come off the boil in the past month.
Arklow misfortune Cargoship Arklow Fortune grounds off Netherlands after machine room fire.
Down again Suez Canal revenues and cargo volumes falls once more during September.
Delivery delays The head of Clarkson Research, Dr Martin Stopford, points to a significant delay in deliveries.
Finnish minister recommends shipyard aid Finnish Minister of Economic Affairs Mauri Pekkanen says that 14,000 job might be in danger as early as by the end of next year if Finnish shipbuilding does not secure
Greek master handed 10-month jail sentence Panagiotis Lekkas, the captain of the 71,000 DWT bulk carrier Theotokos, built in 1984, has been handed a 10-month jail sentence by a federal court in New Orleans. Lekkas
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