Oil traders eye alternative routes Oil traders are concerned about supply disruptions via the Malacca Strait after the Singapore Navy warned of possible attacks on tankers, but say that alternate routes could be used which add slightly to costs while stocks on landed and floating storages offer ample buffer.
Rogue waves, towering terror on the high seas They are known as rogue or freak waves, though some people simply call them monsters of the sea.
German general cargo alliance building new headquarters The German general cargo alliance network called S.T.a.R. Kooperation GmbH is building a new central hub at its headquarters in Homberg/Efze (Germany). A 37,000 sqm complex, due fo...
Kuwait approves plans for GCC railway Kuwait has approved plans for a USD 25 billion railway. The 135 km line will connect Kuwait with Saudi Arabia, beginning at Sulaibiya and ending at Nuwaiseeb. The Kuwait municipali...
Qatar starts work on nationwide railway The Qatar Railways Company, which was founded in 2009, has begun work on Qatar's multibillion dollar metro and ground rail projects, set to be completed in phases by 2016. Projects...
BNSF starts test on hydrogen fuel cell shunting locomotive BNSF has begun in-service testing of an experimental hydrogen fuel cell shunting locomotive, which has been developed in partnership with Vehicle Projects and the US department of ...
Port of Harwich supports wind farms Harwich International Port has commenced involvement in a Thanet offshore wind farm development. The Thanet wind farm, located 12 km off Foreness Point in Kent and with a projected...
SCA Transforest launches Sweden-Hamburg feeder service Svenska Cellulosa Aktiebolaget (SCA), a Swedish paper and timber produce manufacturer, and its transport and logistics unit SCA Transforest, launched Container Express, a regular s...
Swiss WorldCargo makes executive team changes Omar Bragatto, who was formerly in charge of the corporation's flight optimisation division, has become head of contribution management and will thus report directly to Ashwin Bhat...
Norbert Dentressangle turns its back on TLF The French transport and logistics service provider Norbert Dentressangle has quit the French transport and logistics association TLF (F'deration des entreprises de Transort et de ...
DHL investing in new Hong Kong facility DHL is investing HKD 360 million in the expansion of its operations into a single multi-user facility for DHL Supply Chain to cater for growth in Hong Kong. The project is schedule...
Ceva Logistics reports 2009 results The logistics service provider and SCM specialist Ceva Logistics has reported its 2009 results, with full year revenues down by 13.2% compared with 2008. Ebitda for the year was do...
Tajikistan's Somon Air orders B737s Somon Air, Tajikistan's first private full-service carrier, has ordered two Boeing B737-900ERs for a total of approximately USD 163 million at list prices. This represents Somon Ai...
Teargas routs Total protest FRENCH police have used teargas on Total Oil workers who stormed its Paris headquarters to oppose the closure of its Dunkirk refinery
BHP seals coal contracts BHP BILLITON confirmed today it has reached agreement with customers in Europe, China, India and Japan to supply hard coking coal
NAPA comes to Adriatic VENICE has formed a port association with Ravenna and Trieste in Italy and the Slovenian port of Koper
Shell, PetroChina bid for Arrow SHARES in Arrow Energy rose 41% in trading today after a takeover bid was announced
Tight ship financing seen FINANCING last year for ships was "extremely difficult", Jonathan Hill of corporate ship finance boutique Tufton Oceanic told a Dubai conference today
Storm closing Barca terminal A FREAK snow and rain storm in Catalonia has forced Barcelona today to order a shutdown of its main cruise terminal
DOF wants Brazil listing NORWAY'S offshore company DOF said today it is seeking a listing on Brazil's stock exchange to promote its business there
Back to normal in Sea of Åland Last week's severe ice conditions in the Åland Sea that caught several vessels in the ice and led to two vessels touching each other, eased during Sunday.
Aalborg signs up with Royal Arctic Line Port of Aalborg has signed a long-term agreement with Royal Arctic Line for providing facilities for the goods transports to and from Greenland. The new agreement comes in connection
Oil spill research efforts 'underfunded and uncoordinated' New white paper by the US Arctic Research Commission stresses the need for more resources and legislation.
Petromedia Group opens Miami office Parent company of Bunkerworld, Sustainable Shipping and Ocean Intelligence sets up office in regional shipping centre.
Rotterdam prices start week firm Meanwhile NYMEX showing losses in early trading.
Sea-ice forces up bunker costs Viking Line says its February bunker budget ran out eight days early.
Strong gains in Fujairah Durban refinery start up delayed until March 13.
Progress on LNG supply ship design Vessel design is 'perfect for the distribution' of LNG.
Floating storage could be terrorist target Traders say VLCCs anchored off Malaysia are as vulnerable as tankers in transit.
Price rise hedge possible 'without liquidity risk' Danish firm says bunker buyers can protect against rising prices but still benefit if market drops.
KPI Bridge Oil continues expansion Appoints bunker trader trainee in its London office.
Emulsified diesel marine fuel 'successfully tested' Fuel efficiency up while PM and NOx emissions fall, says environmental technology company.
Tanker hijacking: Sri Lanka focuses on crew's release Sri Lankan seafarers urged not to crew ships sailing through Somali waters.
Firmer prices to start the week 380 cSt in Singapore posts a two-digit rise.
Busan: Bad weather partially disrupts bunkering operations Bad weather conditions estimated to subside by Tuesday evening.
Hambantota project 'five months ahead of schedule' Port project partially ready for operation by November 2010.
Freight rates jump 30% on rising oil prices Rates affected for routes mostly from south Asia to Europe.
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