Baltic Dry Index posts 3rd straight decline The Baltic Dry Index, a measure of shipping costs for commodities, posted a third consecutive decline on weaker demand and slower activity before the Chinese New Year holidays.
Parents of captured Ukrainian sailors seek help The parents of Ukrainian sailors held hostage by Somali pirates on a ship carrying a vast horde of weapons have told AFP they want humanitarian groups to help the sailors suffering 'horrible' conditions.
Chinese navy deterring pirate attacks Chinese naval vessels have so far carried out six escort missions for 16 ships in the pirate-ridden waters off the Somalian coast as up to 8am yesterday, Xinhua news agency quoted a Chinese military spokesman as saying yesterday.
Newcastle Port ship queue slumps
Jurong Port thriving as multi-purpose gateway to region
Greek shipping magnate released by kidnappers
Gladstone Port works to cost less
Strait Talk
Downturn presents opportunities I SUPPOSE it would be impossible to prepare shipping accounts for 102 years and not pick up a thing or two about the cyclical nature of shipping - and how astute owners make money in downturns.
Baltic Dry Index posts 3rd straight decline The Baltic Dry Index, a measure of shipping costs for commodities, posted a third consecutive decline on weaker demand and slower activity before the Chinese New Year holidays.
Parents of captured Ukrainian sailors seek help The parents of Ukrainian sailors held hostage by Somali pirates on a ship carrying a vast horde of weapons have told AFP they want humanitarian groups to help the sailors suffering 'horrible' conditions.
Chinese navy deterring pirate attacks Chinese naval vessels have so far carried out six escort missions for 16 ships in the pirate-ridden waters off the Somalian coast as up to 8am yesterday, Xinhua news agency quoted a Chinese military spokesman as saying yesterday.
Newcastle Port ship queue slumps
Jurong Port thriving as multi-purpose gateway to region
Greek shipping magnate released by kidnappers
Gladstone Port works to cost less
Strait Talk
Downturn presents opportunities I SUPPOSE it would be impossible to prepare shipping accounts for 102 years and not pick up a thing or two about the cyclical nature of shipping - and how astute owners make money in downturns.
Leipzig/Halle now third biggest cargo hub For the first time in its history, Leipzig/Halle airport, part of Mitteldeutsche Airport Holding, handled almost 450,000 t of cargo and thus became the third largest logi...
Röhlig invests on the Indian subcontinent The Bremen (DE)-based freight forwarding company Röhlig & Co is taking another crucial step to expanding its international network. By acquiring a 50% shareholding in the Indian fr...
Liter building class A logistics platform in Rostov-on-Don The Moscow-based Russian logistics company Liter is planning to construct the Liter Don class A logistics centre on the M4 arterial road 15 km from Rostov, in the district of Aksay...
TNT signs logistics deal with Bristan Group in UK The Dutch mail service provider TNT is joining forces with Tamworth, West Midlands (UK)-based Bristan Group to help the bathroom supplier provide a first-class next-day-before-noon...
TWIC checks made in Miami The coast guard in Miami FL (USA) recently conducted spot checks at 38 facilities to assess compliance with the mandatory Transportation Worker Identification Card (TWIC)...
Australia investing in rail freight Australia's government said it will spend AUD 1.2 billion (USD 830 million) upgrading the country's rail network to facilitate rising demand for rail freight services. The investme...
MOL amending Asia to east coast South America service The Tokyo-based Japanese shipping company Mitsui O.S.K. Lines (MOL) has amended its Asia-east coast South America Service (CSW). The sailing will make an additional call at W/...
Finnlines increasing capacity in German and Russian traffic Helsinki (Finland)-headquartered Finnlines, one of the largest European shipping companies, will put a fourth Star class vessel - the "Nordlink" into service on the line between Fi...
'Contango hangover' feared THE VLCC market has been buoyed by floating storage charters, but there could be fallout when the 'contango' oil trade unwinds, warned Dahlman Rose analyst Omar Nokta
'New Panamax' defined RESPONDING to shipping queries on maximum vessel size for the future locks, the Panama Canal Authority (ACP) has issued precise details on dimensions for the next era of Panamax ships
Charleston boss bows out LONG-TIME Port of Charleston director Bernard Groseclose resigned earlier today, shocking the port staff and the local maritime community
OSG's Whitworth resigns OVERSEAS Shipholding Group has announced a flurry of management changes "effective immediately" and confirmed that Jonathan Whitworth, who previously oversaw the company's US-flag interests, has resigned
Indian refiner turns to spot MANGALORE Refinery and Petrochemicals is set to export diesel via spot tenders as a term deal to supply Iran has not been renewed, reports Reuters today
FFA trades downshift FORWARD Freight Agreement trading fell sharply in 4Q08 and shifted dramatically towards cleared versus over-the-counter contracts, according to the Baltic Exchange
Suez reports box traffic growth SUEZ CANAL Container Terminal has reported a 34% growth in 2008
South Carolina ports chief steps down South Carolina State Ports Authority CEO Bernard Groseclose (left) resigns, replaced by board member John F. Hassell
Security upgraded for ships arriving from Venezuela
Greek magnate freed One of Greece's most successful shipowners since the days of Onassis, Pericles Panagopoulos, have been freed by his kidnappers, Reuters reports. Pericles Panagopoulos was kidnapped on January 12, outside his house in Kavouri near Athens by three armed men. No ...
MISC halves order in Korea The world's largest LNG-carrier, Malaysian MISC, has cut its order of eight 45,000 DWT chemical tankers from Korean SLS shipbuildning down to four vessels. The cost for the eight tankers was reported at USD 430 million in 2007 when ...
Another StandardFlex unit to Lithuania The Danish naval patrol vessel Lommen will be handed over to the Lithuanian navy as the third of the Flyvefisken-class vessels. Lommen has been laid up for several years at the Naval base in Kors'r and will sail to ...
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