APL vessel is the first to call on Pusan Newport terminal The Pusan Newport International Terminal (PNIT) in South Korea has started commercial operations with the call of its first vessel, APL Spinel.
Mitsui OSK net at 10b yen on better economy Mitsui OSK Lines Ltd, operator of the world's largest merchant fleet, said that profit was double its forecast, citing an improvement in the global economy. The shares gained the most in more than three weeks.
New rule cuts ship pollution around US, Canada A United Nations agency that regulates the international shipping industry adopted a plan last week to dramatically reduce air pollution from ships that sail within 200 nautical miles of the US and Canadian coasts.
Maersk Line adds direct South Vietnam call with largest vessel to date Maersk Line will adjust its Trans-Pacific 6 service (TP6) to add a direct, all-water call from South Vietnam to the US west coast. The direct TP6 call will make Maersk Line th...
Rickmers Maritime Trust: Auditor doubts ability to meet more than USD 1 billion in commitments, liabilities An independent auditor expressed significant doubt over whether Rickmers Maritime Trust can continue. The Singapore-based charter containership owner's share price plunged by over ...
Kuehne + Nagel manages national distribution for Continental Tyres in Thailand Kuehne + Nagel Thailand has concluded a new contract with Continental Tyres (Thailand) Co Ltd, underlining its capabilities in providing integrated logistics services tailored to t...
Pacorini to expand presence in Rotterdam Pacorini, a stevedoring and warehousing company based in Italy that opened a branch in Rotterdam (Netherlands) in 2005, plans to expand its premises in the...
Poste Italiane boosts turnover and profits in 2009 The Italian mail service provider Poste Italiane, which is traded on the stock exchange, did well last year. Sales rose by 12.6%, from EUR 17.9 billion to EUR 20.1 billion. The net...
Lagermax AED has third branch office in Romania Die Lagermax AED Romania SRL, a subsidiary of the Salzburg-based Austrian forwarder Lagermax, recently expanded its network in Romania. A third branch office was opened in Sat...
APMT introduces standardization of terminal construction and equipment "Customers are looking for simplified, reliable and cost-effective service to compete in the market. Our terminal design, development and procurement must reflect this," ...
Serbia to lure investors for national carrier The Serbian government is looking at ways to make the country's money-losing flag carrier Jat Airways more attractive to investors, according to prime minister Mirko Cvet...
Kuban Airlines to launch first link between Krasnodar and Kiev Kuban Airlines, based in the southern Russian city of Krasnodar, plans to start twice weekly flights between Krasnodar and Kiev (Ukraine) - the first such link between the two...
Norwegian owners angered over government tax loophole Despite Supreme Court decision, Norwegian government still threatening to make owners pay back-tax
AdF rebukes French court over Erika judgement Owners' body expresses 'consternation' at court's decision to base judgement on 1983 French anti-pollution legislation rather than the...
Speculation mounts over CMA CGM Qatar loan link Qatar Investment Authority said to be offering French container shipping group $1bn 'super-senior' debt
EU Navfor optimistic over prison terms for pirates Seventy-seven pirates have been sent for prosecution by European Union Navfor forces since December 2008
Italian bank joins queue for Mariano Lauro cash Claims $10m outstanding on mortgage
Will Erika ruling stretch? IT REMAINED unclear today whether yesterday's French ruling in the Erika oil spill would mean wider environmental damage awards
Ultrapetrol slips but widens scope MIXED-fleet operator Ultrapetrol suffered across-the-board losses in its latest quarter, yet it has entered another sector: container ships
Seafarers jumped to safety DRAMATIC details emerged today on how five seafarers jumped from the reefer ship Kea as the vessel sank ' and three were rescued from the storm waves
Maersk plans to exit Algeciras MAERSK Line plans in May to move its operations from Algeciras to Tangiers-Med in Morocco, Anders Kjeldsen, managing director of APM Terminals, told Fairplay today
Norden profits plummet DENMARK'S bulker and tanker operator Norden said today its profits plummeted by more than two-thirds in 2009
Holy House reefer sank ' two missing The reefer Kea, built in 1982 and operated by Stockholm-based Holy House, sank at around 2 pm on Tuesday about 200 nautical miles northwest of Cape Villano, Galicia. Two
Firm prices in Rotterdam, Hamburg While South Europe weakens.
Few surprises in US inventory data Oil prices driven higher by weakening US dollar, ease after DOE report.
Mid-week prices soft in Middle East Weak bunker demand in Durban.
Baltic ports say ECA regulations are 'unacceptable' Organisation urges regulating bodies to consider the competitive disadvantages and a modal back shift.
Ship runs out of fuel in rough seas UK Maritime and Coastguard Agency says ship's agents are 'very aware of our displeasure'.
H2S limit and test method criticised Viswa Lab points to shortcomings of proposed method for detecting H2S in bunker fuel in revised ISO 8217.
GAC and Gazprom LNG sign multi-service agreement Deal covers range of services including bunker fuels.
NZ companies can use Shell name for three years New Zealand's refinery expects little change on back of Shell's sale of downstream assets.
Little movement in prices 380 cSt in both Singapore and Hong Kong remained steady on Wednesday.
Japan to see lower bunker supplies in April Refineries cutting crude runs, and bunker production, traders say.
Chandrans step down as Chemoil directors The move comes after the Chandran family sold off its majority shares in Chemoil to Glencore.
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