Maersk hired Tanzanian navy to ward off pirates Danish shipping and oil group AP Moller-Maersk disclosed on Tuesday that it hired a Tanzanian navy vessel in late 2008 to keep pirates off its Brigit Maersk tanker in waters off Somalia.
General Dynamics ship ready for US Navy US Navy Commander Curt Renshaw says the size, speed and stability of his new ship, the first General Dynamics Corp Littoral Combat Ship (LCS), make it ideal for a wide range of missions, including chasing down modern-day pirates.
Baltic Dry Index rise led by demand for iron ore vessels The Baltic Dry Index, a measure of shipping costs for commodities, climbed for a second consecutive day as demand strengthened for larger iron-ore transporters.
Scott Wilson wins EUR 16.7 million deal for Muslim pilgrim transport The government of Saudi Arabia has awarded a management contract for the Mecca-Medina railway to Scott Wilson, a railway engineering firm based in the UK. Finance minister Ibr...
Deutsche Bahn says revenue may not return to 2008 levels until 2012 The transport and logistics activities of the German railway Deutsche Bahn may not rebound to the levels of 2008 for years to come, according to board member Karl-Friedrich Rausch....
Another resignation at Swiss Post The power struggle is still on at Switzerland's mail service provider Swiss Post. Wolfgang Werlé, a director of the organisation since 2002, has handed in his resignation with imme...
French constitutional court postpones carbon tax France's constitutional court rejected a planned tax on greenhouse gas emissions shortly before it was to take effect, saying that it must be revised by the gov...
Davies Turner adds trailer services between the UK and Poland Davies Turner has introduced a twice weekly overland trailer service between the UK and Poland, partnering with Hellmann Worldwide in Poland to provide it. Departures are Tues...
MOL buys 9% of Gearbulk MITSUI OSK Lines (MOL) has acquired a further 9% of niche bulk operator, Gearbulk. MOL's holding stands at 49% as of the end of December 2009, the Japanese company revealed today. Commenting upon the reason for the extra equity
US Customs officer faces jail A FORMER US Customs officer faces up to two years in prison for accepting two cartons of cigarettes in exchange for performing a lax vessel inspection last year
Tallinn's results defy recession TALLINN in Estonia has reported that 2009 port turnover grew by 8% from the previous year and totalled 1,265Bn kroons ($116.3Bn)
Richards Bay feels the pinch RICHARDS Bay Coal Terminal faces "critical business challenges", CEO Raymond Chirwa has warned
DPW seeks London listing DP World will seek listing on the London Stock Exchange in the second quarter of this year
Jeppesen confident on growth NORWAY'S marine equipment supplier Jeppesen Marine has told Fairplay this year's growth will not be as strong as previous years, but it remains confident
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