Low rents speed up scrapping of single-hull tankers Scrapping of older supertankers with single hulls will speed up as a collapse in rents leaves the vessels unable to find employment, Fearnley Consultants said.
Gulftainer welcomes largest vessel ever to enter Khorfakkan Container Terminal Gulftainer recently welcomed the "CMA CGM Christophe Colomb" at its facility in Khorfakkan (UAE). With a capacity of 13,800 teu and an overall length of 365 m, it is the ...
Biofuels present problems for marine transport handling and storage The production and use of biofuels for transport purposes has increased dramatically in recent years and is set to continue, reducing carbon dioxide emissions and meeting growing c...
Samskip introduces a new fixed day, weekly service between Rotterdam/Hamburg and Norway's West Coast Samskip Multimodal Container Logistics will introduce a new weekly service linking the Netherlands with Norway's West Coast. With this new service, the company offers direct calls ...
Freightliner Group appoints new corporate development director Freightliner Group Ltd, the second largest railfreight operator in the UK, has appointed Dom McKenna to the position of corporate development director. As part of Freightliner's Gr...
Panalpina posts Q2/2010 loss Panalpina, a global logistics corporation based in Basel (Switzerland), wrote red figures in Q2/2010. The quarterly loss amounted to minus CHF 92.6 million, compared to a profit of...
Deutsche Post DHL registers strong Q2 The German service provider Deutsche Post DHL has reported a significant increase in revenue and profit in Q2/2010, driven by a very strong performance in its logistics sector. Q2 ...
Geodis Wilson expands in Atlanta The French service provider Geodis Wilson recently expanded its Atlanta GA (USA) operations, by moving to a new, larger, state-of-the-art facility. Geodis Wilson's new premises cov...
Pirates hijack Syria Star inside protected corridor Second ship in four days is taken from within the Gulf of Aden internationally recommended transit corridor
Pirates seize Egyptian vessel in record time
Somali pirates use swarming tactics
Nato stresses need for anti-piracy measures
CSAV is first line off container swaps starting block Breakthrough development seen as key to growing liquidity for the market for...
Container freight derivatives trading gathers...
CMA CGM talks with Albert Frere reported to have collapsed Negotiations between line and Belgian billionaire collapse, according to French...
Qatar still favourite to bail out CMA CGM
Onset of Ramadan to reduce Middle East aframax cargoes Market for crude and fuel oil loads to go quiet
Troubled Top narrows losses TOP SHIPS posted another loss today and disclosed that it has yet to pay back a bridge loan that was due on 30 July
Bankruptcy looms for Trico OFFSHORE towing and supply operator Trico Marine Services warned today that it could seek bankruptcy protection as part of its debt restructuring
Israel releases Gaza ship ISRAEL today reportedly released the Turkish aid ship on which Israeli commandos killed nine activists trying to break the Gaza blockade in May
Bow Saga attackers evade prosecution The seven suspected pirates that were seized by EU Navfor shortly after the attack on the Norwegian chemical tanker Bow Saga on August 3 in the Gulf of Aden, will
Tugboat sinks spilling diesel fuel US Coast Guard contains spill after locals complain of overpowering smell.
Technological solutions and emissions trading go hand-in-hand Thank you Watchkeeper for highlighting the benefits of emissions trading.
Prices firming in southern Europe NYMEX showing slight losses in early trading.
Prices show gains in Middle East hub Durban supplier sees IFO stocks 'tighten'.
Odfjell calls for boycott of waters off Gulf of Aden Tanker operator 'extremely disappointed' by international response to latest pirate attack.
Hamworthy Krystallon in retrofit talks with yards EU at-berth low sulphur requirement main driver for current scrubber demand with owners also eyeing 2015 ECA limits.
Bunker conference to debate greenhouse gases Delegates will be asked to vote to decide IBIA's position at IMO on environmental issues.
Two players added to MPA's list of bunker suppliers Reports says Southernpec has made its first delivery.
Bunker prices generally down at major ports Prices slip for the first time this week.
Singapore fuel oil stocks at seven-week low Fewer cargoes arriving from Middle East and Europe.
Lack of cutter stock in Singapore Fuel oil cargo likely to stay in Middle East.
Hong Kong supplier in talks with Chinese competitors Seeking to act as broker for mainland China based suppliers.
Catepillar Marine working to meet IMO III regulations Introduces 'tool box' containing range of environmentally friendly technologies.
Commercial fuel oil inventories in South China remain steady 63% of storage capacity in use.
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