Call for action against piracy gains intensity THE views of what should be done about the piracy problem are as divergent as the people that present those views. This was clear from a conference on piracy and sea robbery, which was held as part of Singapore Maritime Week.
Credit crunch and low oil prices hit offshore industry SHORED up by high oil prices, the offshore industry has boomed for the past few years. But this year it has lost much its shine as the global economy weakened and oil prices sank with it.
Box volumes at China ports down China's ports posted a 12.8 per cent decline in first-quarter container volume from a year earlier to 25.5 million twenty-foot equivalent units, according to a statement posted yesterday on the Ministry of Transportation's website.
SingTel unveils IT solutions in Sea Asia
S'pore named best Asian port
Maritime industry should focus on minimising risks
Rhenus Contract Logistics inks contract with zooplus Rhenus Contract Logistics Netherlands has signed a 10-year contract with zooplus AG. Zooplus was founded in 1999 and is the leading e-commerce company for pet supplies on the Europ...
BHS selects Kuehne + Nagel for furniture deliveries Kuehne + Nagel, the global logistics service provider based in Schindellegi (CH), recently announced that it had been chosen by UK multi-channel retailer BHS to support the ex...
NYK Logistics expands healthcare capacity Facing an increasing demand for healthcare services, NYK Logistics North Continent has expanded its good distribution practices (GDP) licensed area within its Antwerp warehouse by ...
Ceva Logistics and Grundfos renew contract Grundfos, one of the world's leading pump manufacturers with an annual production of close to 16 million pump units, and Ceva Logistics have signed a new contract for spare parts l...
New appointment at Volga-Dnepr The Russian cargo carrier Volga Dnepr has appointed Sergey Zhiltsov as director of the external relations department of the Volga-Dnepr Group. He will be responsible for implementi...
AF-KLM and Unimex Travel Service to bid for CSA Air France-KLM and the Czech consortium Unimex-Travel Service were recently selected by the Czech government as candidates to take over state-owned Czech airlines CSA, officials sa...
Asian airlines suffering heavy losses Hong Kong's Cathay Pacific Airways will cut capacity, delay plane deliveries and ask staff to go up to four weeks without pay this year. Cathay Pacific lost more than USD 8.6 milli...
Swiss takes delivery of its first A330 Zurich-based Swiss International Air Lines has received its first of nine new A330-300s. The aircraft was ordered in September 2007 to expand the Swiss carrier's medium to long hau...
DHL Express Austria and Switzerland team up for a joint future DHL Express, Deutsche Post DHL's specialist arm for express services, chose Beat M'ller as its new managing director of DHL Express (Austria) GmbH, effective 1 March. Over the past...
Scrapping of boxships gathers pace DEMOLITION rising sharply as owners take whatever action they can to eliminate unwanted tonnage.
MSC goes on a cut-price post-panamax fixtures spree
Shipowners opt for alternative financing BOND issues and private equity have started to take over from traditional bank lending to finance newbuildings.
Incentives to boost North Sea offshore sector BRITAIN to introduce "field allowance" to oil companies to develop more fields off the British coast.
Cruise pricing scrapes new lows ANALYSTS warned today that 2009 cruise pricing is proving even more abysmal than expected
Jamaican flag builds Euro base THE JAMAICA Ship Registry is raising its profile in the European market with the promotion of its German representative office to a regional branch
Shipping 'stress tests' urged SHIPPING companies should be subjecting themselves to realistic "stress tests" and taking more proactive steps to restructure balance sheets and debt, according to Randee Day of Seabury
MSC narrows gap on APM MSC IS continuing to expand capacity despite weak freight markets ' and has narrowed the gap on sector leader APM
Slimming a bulk 'monster' FORCED cancellations of newbuilding orders could slim down the "monster" of overcapacity in bulk shipping, the Sea Asia 09 Conference heard in Singapore yesterday
Asian piracy revival warned THE GLOBAL economic slump could revive piracy attacks in Southeast Asia, ReCAAP executive director Yoshiaki Ito warned a conference today
Financing shortage reshapes S&P THE S&P market has moved away from the larger, newer ships that sold last year towards smaller transactions for older tonnage "because it is impossible to get debt financing and buyers are having to pay 100% equity"
Somali piracy soars A dramatic increase in activity by Somali pirates led to a near doubling of the number of ships attacked during the first three months of this year compared with the
Somali pirate in US court The Somali citizen Abduwali Abdukhadir Muse has been charged with piracy. Abduwali Abdukhadir Muse has also been charged with conspiracy to seize a ship by force, conspiracy to commit hostage
Deltamarin to develop FPDSO The Finnish engineering company Deltamarin Ltd has won a design and engineering contract for a FPDSO (Floating Production, Drilling, Storage & Offloading) vessel called Guanambi I. The unit will be developed
Wilson sells oldie The Norwegian shipping company Wilson has sold the 3,700 DWT cargo vessel MV Mingo, built in 1980, to a Marshall Islands registered company. The price tag is USD 540,000. After
Port of Murmansk fined for environmental crime The Russian ministry of the environment has fined Murmansk Sea Commercial Port RUB 1 million (EUR 24,500) for committing an environmental crime in Kola Bay, which was discovered during an
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