Somali Islamic militia vows to end piracy A hardline Islamic militia pledged yesterday after seizing control of one of Somalia's main pirate hubs to end piracy in the region by imposing syariah.
US move to clean up spill-tarred ships The US Coast Guard is considering a plan to set up a cleaning station for cargo ships and tankers moving up the Mississippi River which could become coated with oil gushing from an offshore well.
Ancient China sea traders smuggled goods? Archaeologists working on the wreck of a 400-year-old merchant vessel off south China have found evidence that Chinese merchants probably flouted bans on foreign trade at the time.
DSV reports improvements in Q1/2010 DSV A/S, a global transport and logistics service provider based in Br'ndby near Copenhagen (Denmark), generated a turnover of DKK 9.659 billion (EUR 1.298 billion) in the fir...
FM Logistic opens new logistics platform in Dijon FM Logistic, a French logistics enterprise, recently inaugurated a 70,000 sqm logistics platform for its customer Unilever in Dijon (France). FM Logistic employs 300 staff in the n...
P&O Ferrymasters conjures up new solution for Brenntag P&O Ferrymasters, a major European logistics provider and supply chain specialist, has designed a new logistics solution for Brenntag Europe, a leading chemical distributo...
Fiege Antwerp acquires AEO status Fiege Antwerp, the Belgian subsidiary of the Greven (Germany)-based Fiege Group, recently became an authorised economic operator (AEO). AEO status enables an entity to benefit from...
Maritime container traffic declines in Germany The German federal statistical office has said that 24% less maritime containers were handled in 2009 compared to 2008 (provisional figures). This is a greater decline than in over...
Unifeeder expanding across the North Sea Unifeeder, a feeder service provider for northern European container transportation and short sea shipping options based in Aarhus (Denmark), is expanding its activities in western...
K Line vessel attacked by pirates in Arabian Sea The VLCC "Isuzugawa", which is owned by a subsidiary of Kawasaki Kisen Kaisha Ltd (K Line) and sails under the Panamanian flag with an Indian and Philippino crew, was att...
New intermodal connections emerge despite crisis European intermodal operators experienced the first general deterioration in unaccompanied traffic flows in ten years in 2009. The 19% drop in business is without parallel in the 4...
PNSC in expansion finance talks PAKISTAN'S flag carrier PNSC is in talks with different banks for soft term credit to add another five general cargo vessels to its fleet
Knifemen rob chemical tanker SIX MEN armed with knives boarded the Sinar Busan, a Singapore-flagged, 11,277 dwt chemical tanker, that was anchored of the Port of Anyer, on the west coast of the island of Java, Indonesia
Four Handy postpones two Aframaxes FOUR HANDY has opted to postpone delivery by one year of two Aframaxes now under construction at the Samsung Yard in Korea
SDS denies pollution allegation ITALIAN general cargo ship SDS Rain is being accused of having spilled hydrocarbons off the coast of Marseille in an allegation that is strongly denied by the owner and manager, SDS Navigation
Traders hunt TBS tweendecker TBS caught up in court battle as two steel traders ask US marshal to seize and sell ship implicated in alleged incident.
Genco trumps expectations Peter Georgiopoulos' Genco Shipping & Trading beats the street while posting profits in the first quarter.
Joint venture chases four or more Norwegian drybulk player teams up with private equity outfit Alterna Capital in hunt for bulker buys.
Algoma Central starts to thaw Deep freeze in demand hammers Canadian shipowner but first-quarter loss shrinks nearly 9% as cost-control buoys bottom line.
Strike ceases at ACL yard Investors breathe sign of relief as union workers wrap up strike at American Commercial Lines' Jeffboat shipyard.
Defections hit Torm Share price falls as Anders Engholm leads a six strong team to Hafnia Management.
Gulf shipping unrestricted First hull cleaning stations established as USCG gives advice to vessels entering polluted Gulf of Mexico waters.
Genco charters out supramax Greek owner sends Genco Predator to Pacific Basin for $22,500 per day.
Grupo TMM taunted by tumble First-quarter loss swells at NYSE-listed Mexican shipping outfit as tanker segment wrestles with weak rates.
Seanergy strikes MCS deal Restis-linked bulker owner takes majority stake in Restis-owned handysize player, building fleet to 20 ships.
Arrest threat to ship sale Demolition deal under threat as Norwegian owned tanker continues to be detained in Iran.
Two suffocate on bulker Chinese men die after becoming pinned under logs on TPC cargoship off New Zealand.
Atlantic escapes attack Iranian warships fight off Somali gunmen attempting to hijack Tehran-controlled bulker.
Hurtigruten's fuel claim fails Norwegian court kicks out bid for bunker pill payment, leaving owner with NOK 200,000 in costs.
Boskalis grabs gas work Dutch dredger to pocket EUR 50m for laying rock berms along Baltic Sea pipeline.
Wife's suicide leads to master's death Korean captain jumps after wife who leapt from Eukor car carrier in Durban after saying: "You don't love me any more."
Rieber merger off for now Parent of Sven Rong-led offshore owner suspends buy-out over subsidiary's Moroccan fish oil scandal.
STX Pan Ocean seals coal deal Korean owner eyes new bulker as it signs 10-year transport deal with Indian Coal & Oil.
April shower of orders for HHI World's biggest shipbuilder added 23 vessels worth $1.3bn to orderbook last month as recovery continues.
Bulker blues as First falls Taiwanese owner sees 2009 profit slashed as revenues and investment income cut.
New Century looks for $485m Chinese shipbuilder launches Singapore IPO, but is said to have scaled back share offering.
Mothership blasted off Somalia EU task force destroys second pirate vessel in two days and arrests nine suspected gunmen.
Bharati edges up profit Materials costs keep a lid on fourth-quarter earnings at Indian shipbuilder.
Not so interesting for Gulf Nav Dubai tanker owner sees first quarter profit decline as income from bank deposits falls.
Tug taken off Bintan Malaysian-registered tug and barge reported missing off Indonesian island since Thursday.
Krasnoye wins another order Russian shipyard to sign deal for 7,100-dwt tanker with Turkmenistan's state shipowner.
Capesize sinks off China Hong Kong registered bulker Bright Century has sunk after being struck by handysize in thick fog.
Several Torm tops leave ' could join new competing firm Anders Engholm, Executive Vice President of Torm's tanker division, has resigned along with five other members of the tanker division's top management. They will now, according to Torm, join the
First Sirius tankers to Danish flag Sirius Rederi AB has initiated the transfer of its tankers to Danish flag ' three units are now sailing under the red and white flag. The first two units to be
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