Ships idle, but Shanghai port expansion goes ahead The scene where Shanghai's river meets the sea is a snapshot of China's battle against the financial crisis - as well as the site of the port the country hopes can set the stage for the next boom.
Baltic Dry Index in biggest weekly fall since April The Baltic Dry Index, a measure of shipping costs for commodities, posted its biggest weekly drop since April as demand for iron-ore transporters weakened.
China Shipping to almost double Asia-Europe rates China Shipping Container Lines Co, the country's second-biggest box carrier, plans to almost double rates on Asia-Europe routes next month to help offset possible losses on weakening demand.
Planzer scoops up stake in Pesa Planzer Transport AG, a Swiss transport and logistics company based in Dietikon near Zurich (Switzerland), is acquiring a shareholding in Pesa (Port-Franc et Entrepôts de Lausanne-...
Raben renaming offices in Czechia and Slovakia The Raben Group, a global transport and logistics service provider, acquired the remaining 40% stake in the logistics company Setto on 6 April, thereby becoming the sole owner of S...
Toll Group acquires three Asian international express businesses The Toll Group, the Asian region's leading provider of integrated logistics services, has acquired three Asian based international express businesses. The Toll Group generated reve...
Culina and SHS Group set up joint venture in Ireland UK forwarder Culina Group and the SHS Group are to set up a joint venture that will see the formation of a new business in the Republic of Ireland and the development of a major am...
Dachser investing EUR 22 million in Denmark The German logistics service provider Dachser is investing EUR 22 million EUR in the construction of a new branch office in Hvidovre, around 13 km from the centre of Copenhagen (De...
Maersk feeder arm targets big growth in intra-Asia trades GOAL is to grow market share to a size in line with that enjoyed by Maersk Line in the deepsea trades
Asia is location of choice for lay-ups
Stolt Tankers cancels second chem tanker STOLT-Nielsen subsidiary cancels another chemical tanker order with South Korea's SLS Shipbuilding after it fails to meet delivery deadlines.
Scottish emissions targets include shipping TOUGH new emissions targets have included the aviation and shipping sectors, even though these are
Ugly scenes continue in Vigo SPANISH workers blocked roads today in Vigo and protested by the thousands, as talks to settle the general strike at northwestern shipyards remained stymied
Northlink bars Orkney meat: maggots SCOTLAND'S Northlink Ferries has reportedly barred meat from the Orkney Meat Co because of a maggot infestation
Caveats voiced on China find CHINA's 3Bn-tonne iron ore discovery might not have a dramatically negative impact on drybulk imports, according to Dahlman Rose mining analyst Anthony Rizzuto
First Tupi oil shipped THE FIRST oil from Brazil's pre-salt oil field Tupi has been transferred into a tanker at the southern port of Sao Sebastiao
Doubled CSCL rates reported CHINA'S second-biggest box carrier China Shipping Container Lines will almost double Asia/Europe rates next month
Matson works without contract MATSON Navigation is working to avoid a strike that could shut down Hawaii's largest shipping company
Maersk Broker expands MAERSK Broker has acquired three companies from Brostr'm in an attempt to expand its ship agency operations
Endgame, the most dangerous for shipping The announcement this week from Swire Shipping that it was to axe both its eastbound and westbound multi-purpose round-the-world liner services is one more nail in the coffin of a desperately struggling shipping industry.
Philippines' Arroyo cuts the ribbon at Brazilian CY
DONG Energy buys A2SEA The state-owned Danish energy company DONG Energy, originally Dansk Olie & Naturgas, has purchased the installation company A2SEA A/S for DKK 700 million. A2SEA will continue to be one
KBV orders five new vessels The Swedish Coast Guard has ordered five new surveillance vessels from Estonian Baltic Workboats. The vessels are of the KBV 312 type and will replace older vessels in the Coast
Stolt cancels newbuilding Stolt Tankers has cancelled a contract with SLS Shipbuilding Co. Ltd., South Korea, for the construction of a 44,000 DWT coated parcel tanker, hull no. 474, the second in a
Oslo Marine Group could get its terminal back St. Petersburg's court of arbitration has found that the ownership of Western Terminal, which is part of the Oslo Marine Group, was illegally transferred to Sevzapallians and that the deal
Western Shipyard christens WindLift1 On 25 June, Western Shipyard in Klaipeda christened the WindLift1, which is being built by Bard Engineering GmbH. The 101.8 metre long and 36 metre wide jack-up vessel
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