Somali pirates shifting focus to Indian Ocean Pirates preying on commercial ships off the coast of Somalia are shifting attacks from the tightly patrolled Gulf of Aden to the Indian Ocean, the head of the European Union's anti-piracy force said on Tuesday.
Vitol may send ESPO cargo to Hawaii: reports European trader Vitol may be sending a mid-February loading cargo of ESPO Blend crude to Hawaii, possibly the first parcel of the new Russian grade to head for the US state, trade sources said yesterday.
Newcastle's coal exports recover 3% Coal exports at Australia's Newcastle port, the world's largest coal export terminal, rose 3 per cent in the latest week. However, total shipments in January remained below its target level, port data showed yesterday.
Greek farmers resume pricy border blockade Greek farmers are blocking the borders to neighbouring countries Bulgaria and Macedonia from 2 February. The decision to continue the protest for a third week was due ...
Iraq investing USD 3 billion in Baghdad rail project The Iraqi transport ministry is inviting foreign companies to build a USD 3 billion rail network around Baghdad, improving freight and passenger connections in the region. The stat...
MOL to Receive TSE's disclosure award The Japanese shipping company MOL, one of the world's largest multi-modal transport entities, has been selected as one of the recipients of the Tokyo Stock Exchange (TSE)'s FY2009 ...
Shipping Australia supports Webb Dock development in Melbourne "Members of Shipping Australia (SAL) are urging the Victorian Government to accelerate the development of a new container terminal at Webb Dock," said SAL's CEO Llew Russ...
Antwerp's port community aims to keep and attract trade The Antwerp port community will make additional efforts to attract new, conventional trade to the port. For this purpose a series of five covenants was recently signed by the Belgi...
ATA calls for better roads and systems to avoid accidents The Australian Trucking Association (ATA) has claimed that the falling number of fatal accidents involving articulated trucks can still be improved. There were 118 fatal crashes an...
Interrail reports 7% increase in transport costs due to CIS tariff amendments Interrail reported that changes in the tariff calculation regulations in the CIS led to higher transport costs at the beginning of the year. The outlay has risen by around 12%, com...
Toll acquires leading US freight forwarding business Toll Group, an Australia-based provider of integrated logistics services, recently acquired Summit Logistics International (Summit), a US independent freight forwarding and supply ...
Embraer to build bigger aircraft? The Brazilian aircraft manufacturer Embraer is considering whether to build larger planes, according to the country's media. The producer may develop an aircraft that is larger tha...
Kingfisher Airlines launches same-day-delivery-by-air service The Indian carrier Kingfisher Airlines launched Kingfisher Xpress, a new door-to-door cargo delivery service yesterday (2 February). India's first and only same day delivery by air...
Iata World Cargo Symposium 2010, 8-11 March 2010 The International Air Transport Association (Iata) is holding its World Cargo Symposium in Vancouver (Canada) from 08-11 March 2010. The theme this year focuses on what it will tak...
Obama to invest billions in US railways The US railfreight transport system stands to benefit from the USD 8 billion that the Obama administration is to invest in the country's railways. The money will be spent on h...
TNT Innight now collaborating with Renault Germany TNT Innight, a leading European service provider of overnight express services, has won another renowned client in the automobile industry. Renault Deutschland began banking on&nbs...
PPG welcomes Karl Gross's AEO certification The Project Professionals Group (PPG), an international heavylift 3PL network, has welcomed the news that its member for Germany Karl Gross Internationale Spedition GmbH has b...
$80M pledged to CMA CGM BANKS have granted CMA CGM an $80M credit line, which might ease speculation that the French Line's financiers are not convinced about its debt restructuring
CMA CGM attracts interest BUTLER Capital Partners, the investment company, is reportedly interested in acquiring shares in French liner group CMA CGM
Copper market fears rise TREMORS are being felt today in commodity markets in reaction to the easing back of copper prices
Brazil fruit shippers squeezed BRAZIL's ambitions in the overseas fruit trades have been hit by currency fluctuations, which have taken their toll on export shipments
US cut seen risking exports DREDGING took a hit from President Barack Obama's budget proposal ' which US ports warned today would defeat his goal of increasing exports
Pirates take cargo ship THE US Navy has reported that North Korea-flagged general cargo ship Rim has been hijacked by pirates, EU NAVFOR said today
Protesters removed from yard SPANISH police have stormed Vigo's HJ Barreras shipyard to remove former employees protesting its use of foreign workers
Alfons Håkans' Zeus chartered as icebreaker The new Finnish Transport Agency, operating under the jurisdiction of the Ministry of Transport and Communications, has taken the combined icebreaker and offshore vessel Zeus on a 30-day charter
Dubai World wants to offload shipping activities Dubai World's investment arm Istithmar has put port and shipping agent Inchcape Shipping Services up for sale for USD 600-700 million and has attracted interest from private equity groups, the
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