Fire on naphtha tanker put out Malaysian authorities have put out most of the fires on a tanker carrying 58,000 tonnes of naphtha after it was involved in a collision with a cargo vessel in the Strait of Malacca, a Malaysian official said yesterday.
MISC, Vitol ink deal to build oil terminal MISC Bhd, the world's single largest owner and operator of liquefied natural gas tankers, signed a pact on Wednesday to jointly build an oil terminal at Tanjung Bin, Johor, with Vitol Tank Terminals International BV (VTTI), reported Malaysia's Business Times.
Kuehne + Nagel to manage Gigaset Communications' Shanghai centre Gigaset Communications, a member of the Siemens group, has appointed Kuehne + Nagel to manage its national distribution centre in Shanghai (China). In addition, the logistics provi...
Procter & Gamble selects Ryder Consumer goods manufacturer Procter & Gamble has selected the US-based transport and logistics company Ryder to manage a component of its US/Mexico logistics network, includin...
Swire Shipping terminates liner services Swire Shipping, which has operated the North Continent'South Pacific service since 1905, has decided to end this line. Swire took over the service from Andrew Weir in 2003. Swire w...
Los Angeles harbour board approves first terminal lease The Los Angeles port authority recently approved a long-term lease for the TraPac Inc container terminal at the port. This is a precedent-setting action that demonstrates...
K-Line publishes Social and Environmental Report 2009 The Japanese shipping group "K" Line recently issued its Social and Environmental Report 2009. The report addresses the "K" Line Group's activities in connection with its corp...
Vienna bans SkyEurope Vienna airport (Austria) has stopped servicing SkyEurope flights after the airline failed to pay its outstanding airport fees. The ban only applies to SkyEurope flights depart...
Leipzig/Halle airport attracts new customers The Swiss company DH Beteiligungen AG plans to build a EUR 100 million logistics security centre at Leipzig/Halle airport (Germany). The platform, which will be erected in the airp...
Further consolidation in airline industry Air China and Swire Pacific Ltd want to increase their participation in the Hong Kong-based airline Cathay Pacific Airways. To further this aim, they will purchase Citic Pacif...
Air Canada to launch Calgary-Hawaii seasonal service Montreal-based Air Canada is to launch the only non-stop, seasonal service between Hawaii (USA) and Calgary (Canada) on 5 December. The flights are timed for convenient connec...
ACCC targets Emirates Skycargo The Australian Competition and Consumer Commission (ACCC) has taken legal action against Dubai (UAE)-based Emirates Airlines over alleged price fixing in air cargo. Australia'...
CSX starts work on major intermodal site The US transport provider CSX Transportation recently broke ground for an intermodal terminal in North Baltimore OH. A spokesman said it will be the 'centerpiece' facility for the ...
Zim rescue deal hangs by a thread SHAREHOLDER meeting to approve funding falls into disarray after minority shareholder, Bank Leumi, barred from voting.
Zim targets second round of rate rises
Liberia set to boost flag revenues by 10% GOVERNMENT expects 10% rise from revenues generated by its registry after LISCR deal.
Bond repurchase props up Ship Finance COMPANY's $22.6m gain on a bond repurchase helps spare outright bloodbath in the second quarter.
Navios swoops for two Alba capesize newbuilds NAVIOS Maritime in $141.5m deal to buy up two capesize bulkers under construction in South Korea.
StealthGas optimistic on LPG sector outlook STEALTHGAS unveils cut in profits but believes small LPG market is healthier than other major segments.
US box plunge predicted BOX IMPORTS at major US box ports are expected drop 18.8% in 2009 because of the recession, compared with the previous year
Zim's $350M hangs in balance SHAREHOLDERS of parent Israel Corp are deciding today how to divide a $350M cash boost for its Zim Integrated Shipping Services box subsidiary
Georgians seize another ship Georgian border guards today arrested another ship it accused of flouting its maritime laws by sailing to the breakaway republic of Abkhazia
Cruising skirts Hurricane Bill HURRICANE Bill was graded down today to Category 3, but its path could disrupt both Bermuda cruise routes and trans-Atlantic liner services
Torm man resigns as losses mount DENMARK'S Torm told Fairplay today that director Michael Steimler has resigned from the tanker company's board, as the company also announces its dismal first-half results
Arctic Sea crew back home THE RUSSIAN crew of the Finnish cargo ship Arctic Sea arrived back in Moscow today, but the mystery of its disappearance remains far from solved
Ferry could become sea grave SALVAGE or sea grave: that's the choice being studied today by authorities in the Princess Ashika ferry disaster
Finnpilot repays overcharging If no more cases are revealed, the Finnish Maritime Administration has decided not to take any further measures against the Finnish State Pilotage Enterprise Finnpilot because of overcharging their customers
Nine seamen missing after tanker blaze Nine seamen are still missing after the tanker MT Formosa Product Brick collided with the bulker MV Ostende Max and caught fire. The collision occurred late on Tuesday in the
Hurtigruten shows surplus Lower costs, the MS Nordnorge on charter and a favourable exchange rate ' these are the main reasons why struggling Hurtigruten reports surplus in the second quarter of 2009, despite fewer
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