Sea Asia 2009 'an outstanding success': SMF chairman SEA Asia 2009 ended on a high note last week with over 10,000 visitors recorded, surpassing organisers' expectations.
Baltic Dry Index has first drop in 10 days The Baltic Dry Index, a measure of world trade, posted its first decline in 10 days on falling demand for vessels to ship iron ore for making steel.
Ship launch may be last at Poland's Gdynia yard Poland's Gdynia shipyard, facing likely dismemberment under strict EU rules against state aid, launched what may be its last two vessels on Saturday as a sombre crowd looked on.
Wim Bosman Group awarded ISO certification again The Wim Bosman Group, after an intensive audit week from 30 March to 3 April, at companies in the Netherlands, Belgium and France, has again been awarded ISO 9001 certification (qu...
Italian postal service on target The Italian mail service provider Poste Italiane, which is traded on the stock exchange, did well in 2008. The turnover increased by 3.9%, from EUR 17.2 billion in 2007 to EUR 17.9...
TNT Innight expands cooperation with Fiat subsidiaries Fiat Group Automobiles Germany AG and CNH, which belong to the Fiat corporation, have reorganised their warehousing structure and after sales logistics. Spare parts for soutwe...
Lufthansa Cargo adds to eServices The German national carrier Lufthansa Cargo is further expanding its electronic channels. New in the eServices portfolio is an electronic claims process, allowing customers to...
Delta to part from freighter fleet The US carrier Delta Air Lines is pulling all of its B747-200F freighters from service, confirming long-standing rumours. There are fourteen units. The Atlanta-based airline a...
Analysis alone won't drive road haulage out of crisis The European Commission has analysed the impact of the economic crisis on road transport, but the International Road Transport Union (IRU) says that the sector and the Europea...
Engine makers fear E2bn of orders at risk MAN Diesel and Wärtsilä say up to €1bn of their respective orderbooks could be lost.
Engine makers braced for fresh wave of cancellations
Shipowners call for shake-up of UK and Irish lighthouse authorities EUROPEAN and Asian shipowners are urging the UK government to restructure the three organisations.
Fondshaus pulls plug on KG fund GERMAN KG financier stops marketing fund No 38 as it fails to find employment for a boxship.
US to ban ransom-paying owners? LEGISLATION is being planned in the US that could bar the vessels of ransom-paying ship owners from US ports, according to several Congressional staffers contacted by Fairplay
V.Ships slams Hebei ruling THE MANAGER of Hebei Spirit today slammed a ruling by South Korea's supreme court that failed to clear the ship's captain and chief officer of wrongdoing
US trade woes hit Horizon JONES Act container carrier Horizon Lines suffered heavy losses in its first quarter, but improved rates and lower fuel costs lessened the blow
EU pledges Somalia piracy fund GLOBAL donors have pledged more than $250M to fight piracy and bolster security in Somalia, an EU commissioner has told a Brussels conference
China stimulus boosts Pacific Basin CHINA'S $550Bn stimulus package is apparently yielding results in terms of increased trading activity, which has proved to be beneficial to drybulk shipping companies such as Pacific Basin
No tonnage tax in Sweden The Swedish Parliament and the Swedish Government have different views on a tonnage tax system. The Parliament's Committee on Taxation has unanimously sent a note to the Committee on the
Asian shipbuilders big losers Asian shipyards have lost more than USD 25 billion in lost revenues due to the wave of vessel cancellations. Some 250 to 300 bulk carriers, LNG-tankers and container ships
Norwegian owners have cancelled 41 vessels in 2009 Norwegian owners have cancelled 41 vessels so far this year, to a total value of NOK 12 billion. And further cancellations are under negotiation, according to Bergens Tidende. 30 of
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