NOL's box volumes, rates seem to be bottoming out THE plunge in Neptune Orient Lines' (NOL) container volumes and average rates seems to finally have bottomed out in the May reporting period, with both figures rising slightly from the month before, although they are still down over 20 per cent from the corresponding period the year before.
Port Klang poised to be LME distribution hub in Asia Port Klang is poised to become Asia's leading distribution hub for the London Metal Exchange (LME) following its accreditation as the exchange's Good Delivery Point, according to a report in the StarBiz.
Navis granted AEO status The German company Navis Schiffahrts- und Speditions Aktiengesellschaft has been granted the AEO F certificate and has thus become a fully authorised economic operator. T...
Aramex opens wholesale express network across Germany The Middle-East-based logistics service provider Aramex has opened new offices across Germany, further expanding the company's presence there and providing enhanced wholesale expre...
Quadriga selects Kuehne + Nagel Global logistics provider Kuehne + Nagel has been selected by Quadriga, a leading provider of internet and entertainment services for the hotel industry across Europe and the Middl...
Lagermax consolidates logistics services in Hungary Lagermax Spedicio Kft, a subsidiary of Salzburg (Austria)-based Lagermax Internationale Spedition GmbH, and Lagermax AED Hungary Kft phased in their new logistics te...
Kaohsiung port rocked by 46 arrests Taiwanese prosecutors have indicted 46 port and shipping company officials on corruption and fraud charges for falsifying data to claim money at the island's largest port. The dire...
Containerships upgrades its Med service Containerships, a leading short sea carrier, is upgrading its Mediterranean service. A third vessel will be deployed for the service that started last March. The new unit is the 1,...
Cooperation between Charleroi and Dunkirk A shipment of 25 containers transporting ferro-nickel from New Caledonia recently arrived at the NFTI container terminal in Dunkirk (France). The boxes, which were loaded...
ESC welcomes EC Communication on sustainable transport for the future The EU Commission is to be commended for its assessment to date of the future EU transport policy that meets the needs of a changing Europe. That is the view of the European Shippe...
Air France group admits Canada cartel Following heavy fines in the USA for cartel behaviour, the Air France-KLM group now faces a multi-million dollar fine in Canada after the group admitted it participated in a c...
TAP increases frequency to Angola The Portuguese airline TAP Portugal began flying ten times per week, instead of daily, from Lisbon to Luanda, the Angolan capital, on 19 June. TAP deploys an Ai...
Hama Group goes into receivership The commercial vehicle lessor Hama Group and its subsidiary Hama Deutschland recently announced that it is insolvent. A court in Augsburg appointed Michael Jaff' as provisional rec...
Greenpeace coal protesters board bulk carrier Activists stage a sit-in on Sir Charles Parsons, after boarding the British-flag bulk carrier while it was approaching Kingsnorth power station.
Lauritzen reshuffle reveals move into offshore sector DANISH shipowner J Lauritzen has moved Anders Mortensen to head up a new division focusing on specialised offshore vessels.
Swire to lay off 200 workers SWIRE Shipping has ordered a major reorganisation and big layoff in response to continuing weakness in European and North American economies
Manila's DoJ charges Sulpicio SULPICIO Lines today is facing more legal trouble from the Princess of the Stars sinking ' but this time from the Philippines Department of Justice
Electric fence shocks pirates A PIRATE attack on a COSCO ship in the Red Sea has been thwarted using an electric fence, the IMB piracy reporting centre told Fairplay today
Bomb explodes in Vigo A BOMB exploded today in the Spanish city of Vigo at the headquarters of a business association involved in talks over the industrial dispute between business executives and workers from the metal and shipyard industry
UK holds greens in ship boarding GREENPEACE campaigners were reportedly arrested today after boarding a coal vessel bound for the Kingsnorth power station in Kent, southern England
Singapore warns North Korea SINGAPORE would not hesitate to board and search a North Korean ship suspected of carrying weapons in its waters, a foreign ministry representative said today
Japan's Gulf of Aden mission extended Japan's parliament has passed a law allowing Japanese warships to protect all commercial vessels in the Gulf of Aden and to fire at pirate vessels, but not at pirates themselves
Greens Reefers sells duo Norwegian Green Reefers will sell the 7,726 DWT reefers Green Guatemala, built in 1992, and Green Costa Rica, built in 1991, to Caiano Shipping AS ' a company controlled by Green
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