Cost of shipping M-E oil to Asia up 1.5% The cost of shipping Middle East crude oil to Asia, the world's busiest route for supertankers, rose the least last week as demand slowed before an industry exhibition.
Rhenus Alpina's sales decline in 2009 Rhenus Alpina AG, which belongs to Germany's Rhenus corporation, generated a turnover of CHF 236 million in Switzerland in 2009. The company said that it succeeded in remaining in ...
Toll Group scoops up Concord Park Australia's Toll Group, one of Asia's leading transport and logistics service providers, has acquired the assets of Concord Park, a privately owned interstate transp...
DSV wins contract with Gurit (UK) Ltd The Danish transport company DSV has been awarded the preferred supplier contract to transport both full and part loads from Gurit (UK) Ltd to customers throughout Europe. The Guri...
Garuda Indonesia relaunches flights to Europe Indonesia's national airline, Garuda Indonesia, recently took the first step in rebuilding its long-haul international network with the launch of a new daily Airbus A330-200 s...
Could the spill round Florida? FEARS are growing today that oil flowing from the Gulf of Mexico spill might round Florida and head toward US East Coast ports as early as this summer
Huge wind farm set off Wales WORK will begin next year in the UK on one of the largest offshore wind farms in the world, German energy company RWE Innogy said today
Grounded ship fire welcomed A GROUNDED bulker has burst into flames near Cape Town ' in an accident that was reportedly welcomed by safety authorities
Vessels rescued from cyclone A TANKER and a vehicles carrier have rescued a tug and barge caught in Cyclone Phet off the coast of Oman
Sovfracht plans port sale MOSCOW multimodal transport group Sovfracht has decided to sell out of two port terminals in St Petersburg
Relief ship approaches Gaza IRISH aid ship Rachel Corrie is reportedly expected to arrive in Gaza tonight, as fears for the safety of its crew remain
Seaspan scores newbuild resale SEASPAN has taken delivery of a 4,350teu newbuilding resale from China's Zhejiang Shipbuilding for $43M
How long before European port congestion surcharges re-emerge from the locker? A word almost lost from CI's dictionary crept back into usage this week: congestion.
Direct Asia-Europe service calls in Vietnam getting closer
Edison Chouest facing dark horizon Louisiana OSV powerhouse battles contract cancellations and labour dilemma following US offshore drilling ban.
Lauritzen mulls $71m capesize sale Danish owner in discussion with several parties about offloading spot-trading bulker, says Ejner Bonderup.
Seaspan still has $125m gap US-listed boxship player will need to tap shareholders for cash to fund newbuildings or cut its orderbook.
Viking holds fire on newbuildings Finnish owner disappointed by Asian yards' offers for new ro-paxes.
Siamgas makes shipping move Thai energy company snaps up Arpeni-owned LPG carrier for $7.1m.
Fesco could sell more shares Russian boxship owner's shareholders will decide on further stock offerings after this summer's new issue.
Who are shipping's top power players? TradeWinds takes a look at the industry's high profile entrepreneurs and very private owners to uncover who are really the most powerful players.
Good and bad for Danaos John Coustas-led Greek owner takes $71.5m hit over boxship cancellations, but funding deal with banks is close.
Shiploaders for Arzew B&W Mechanical Handling to supply mobile systems for new fertilizer plant at Algerian port.
KLC joins $3.3m Rule B mele Four-way fight for $3.3m in frozen funds heats up as Korea Line joins battle to secure Glory Wealth's US cash claim.
Claymore mulls maritime replay US investment outfit Claymore Securities on the verge of bringing shipping ETF back to life.
Ghanaian duo go home Tanker crew who handed Cape Town inspectors a note pleading for help have flown home after deal with owner
Quotes of the week Posidonia edition Greek owners tell it as it is as the shipping world prepares for another Posidonia jamboree.
USCG thwarts 'skunky' smugglers US Coast Guard seizes 1,000 pounds of marijuana as smugglers target Miami 'mary jane' market.
Davie welcomes lifeline Struggling Canadian yard eyes a share of new CAD 40bn federal shipbuilding scheme.
New5 in Numb3rs Posidonia edition Sophocles Zoullas is busy buying bulkers while another Chinese owner has tied up the purse strings.
Seli 1 wreck explodes Welding accident blamed for fireball on grounded bulker off Cape Town, but salvors safely evacuated.
Narrow squeak for Wilson General cargoship saved from drifting on to rocks after losing power off Norway.
Seaspan snaps up resale Gerry Wang-led owner confirms deal for Zhejiang built boxship; payment to be made partially in cash and stock.
Miclyn ties-up crewboats Newly-listed offshore vessel operator buys six vessels on the back of long term charter deals.
Probe begins into grounding USCG starts investigation into incident involving Maine ferry Everett Libby.
Fairstar orders new ships Heavylift specialist to spend over $200m on pair of semi-submersible ships at Chinese yard.
Tough times ahead for WMU The IMO:s World Maritime University in Malm', Sweden is facing a financial crisis. According to the present budget WMU could face a EUR 900,000 deficit both this year and
Rim cargo raises questions Speculations are growing over what cargo the North Korean flagged vessel Rim has in its holds. The vessel that is owned in Libya and managed in Rumania was on route
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