Navy helicopters drop food to strickened cruise ship The nearly 4,500 passengers and crew of the Carnival Splendor have no air conditioning or hot water. Running low on food, they have to eat canned crab meat and Spam dropped in by helicopters. And it will be a long, slow ride before they're home.
Somali pirates stay ahead of naval coalition, UN told Somali pirates are becoming more brazen and keeping ahead of the international naval force seeking to end their high seas marauding, a top UN official said on Tuesday.
Brisbane port sold to group for A$2.1b Queensland agreed to sell the Port of Brisbane to a group including Global Infrastructure Partners and Abu Dhabi Investment Authority, raising A$2.1 billion (S$2.7 billion) in cash to replace income lost to the financial crisis.
River Elbe dredging to go ahead as planned in 2011 The German transport ministry's parliamentary state secretary, Enak Ferlemann, recently confirmed that the plans to dredge the River Elbe's channel will proceed as planned, stating...
New Turkey-Ukraine ro-ro service from December A new ro-ro service is set to link the ports of Istanbul Haydarpasa and Odessa (Ukraine) from 3 December. The connection will be operated by the company Black Sea Express, a subsid...
Hamburg Süd's "Cap Jervis" named in Callao Hamburg Süd's "Cap Jervis" recently became the first container vessel to be named in Callao (Peru). The sponsor of the 4,600 teu "Cap Jervis" was Adelgunde Chri...
EU fines eleven airlines for cargo cartel The European Commission has fined eleven airlines a total of almost EUR 800 million for fixing air cargo prices between 1999 and 2006. The three largest penalties were imposed on A...
USA and Europe increasing airfreight security checks A working group established by the home ministers of the EU member states has been asked to submit concrete proposals to improve airfreight security by 2 December. One of the most ...
Moscow Domodedovo now linked to two Turkish destinations Turkish Airlines resumed flights from Istanbul's Sabiha Gokcen international airport to Moscow Domodedovo on 1 November. The flights will be operated by the airline's subsidiary An...
Gefco reports higher revenue in Q3 The French logistics service provider Gefco has recorded turnover of EUR 2.5 billion in the first nine months of 2010, an increase of 19.7% compared to results achieved in Q3/2009....
Lapp group extends cooperation agreement with K+N The Lapp group, a leading global provider of cables, lines and integrated cable technology solutions, has extended its national and international overland transport cooperation agr...
DHL to manage UK distribution centre for B&Q DHL Supply Chain has won a multi-million pound contract to manage retailer B&Q's newly-built distribution centre in Swindon (UK). B&Q has invested GBP 77.4 million in the 8...
Navy feeds crippled Splendor US NAVY crews have airlifted food and emergency supplies to Carnival Splendor after the cruise vessel was cast adrift in the Pacific by an engine room fire
Cargo 'chaos' warned for EU WARNING of "chaos and distortion of competition", the European Shippers' Council has urged the EC to delay imposing its '24-hour rule' on cargo
Rate rise powers APM profits APM SAID today a 34% increase in average box rates and increased efficiency were behind its "excellent" results for the first nine months
Ghost ship deals awarded CONTRACTS worth a total $3.1M have been awarded by MarAd to recycle two ghost ships at Suisun Bay near San Francisco Bay
US backs Indian infrastructure INDIA and the US have agreed to set up a $10Bn infrastructure debt fund to finance port, road and railway projects developed through public-private partnerships
EC approves terminal grant THE EC has granted €80M ($109M) to help pay for Poland's new LNG terminal in the northwestern port of Swinoujscie
GSL escapes newbuild squeeze BOX SHIP lessor Global Ship Lease revealed today that it has converted two looming newbuild purchases into options, thereby averting a default and possible legal action
GSL fights for its "rights" Ian Webber's Global Ship Lease scraps sales contracts tied to boxship newbuildings.
Nasco bulker and 25 crew feared lost Japanese search finds life rafts and oil slick off Taiwan but no sign of missing Nasco Diamond.
Navios debuts divi despite loss Angeliki Frangou-led owner raises eyebrows on Wall Street after unveiling premier pay-out amid Q3 slump.
Knightsbridge Tankers kicks on Tanker and bulker owner books improved Q3 profit amid talk of one more addition to its fleet.
Subsea 7 wins with a deuce Kristian Siem-controlled offshore contractor secures North Sea installation work as shareholders rubber stamp Acergy merger.
Diana forges Triton fixture Simeon Palios-led bulker owner poised to rake in nearly $21m from time charter as details emerge in Macquarie Bank hire.
Cartel bags Brisbane for $2bn Australian port off the auction block as investment consortium secures 99-year privatisation pact.
U-Ming bulks up nine-month profit Taiwanese dry cargoship owner piles on earnings to 30 September as markets improve.
Deep Sea Supply back in the game Talk turns to potential targets after John Fredriksen-backed offshore owner reveals it is open to "growth opportunities".
Eitzen Chemical charges in Oslo Shipowner is the exchange's top performer following "strong" third quarter results.
Kraljevica up for sale again Croatia opens new privatisation round for shipyard to capitalise on "investor interest."
Great Offshore reins in costs Fall in wage and maintenance expenses helps Indian owner to bigger first-half profit.
Andersen hails 'exceptional' profit AP Moller-Maersk trumps forecasts in the first nine months as CEO claims container line is 'ahead of the competition on profitability'.
Deep Sea Supply looks in-house Offshore owner is the latest of John Fredriksen's listed companies to set up its own shipmanagement operations.
Sharia fund eyes offshore Global Shipping Investments will push half of its $150m into offshore support vessels, says Philip Larkos.
Eitzen bullish on chemical tankers Eitzen Chemical boss Terje Askvig says significant recovery on the cards, but nine-month losses grow.
Cometa strikes the earth Domestic ro-ro grounds at 9 knots en route to Fredrikstad in Norway.
Oceania "declines" third cruiseship Miami line reportedly lets $500m option lapse at Italy's Fincantieri shipyard group.
Deep Sea turns red in Q3 John Fredriksen-controlled offshore shipowner turns in a third quarter loss in a difficult market.
Trio cheered by Clarksons World's largest shipbroker flags a "particularly strong performance" from its dry-bulk, offshore and sale and purchase desks in solid start to second half.
Britannica fire under control Workers evacuated after blaze breaks out on Stena Line vessel at Remontowa yard in Poland.
Fjord frustrated in Denmark Big delay for Bergensfjord after it was unable to dock at Hirtshals due to strong winds.
Hurtigruten tightens up on costs Norwegian cruiseferry owner to focus on reducing expenses on its vessels as profit falls.
STX worker fined over death Foreman at Finland's Rauma yard guilty of negligence following fatal beam accident in 2008.
Kuribayashi heading for profit Japanese ro-ro operator reduces half-year loss and forecasts full-year gain.
Import growth winds down Trade body says inbound volumes continue to slow, but are still expected to be up 9% in November.
SBM upbeat on prospects Tony Mace-led FPSO player says outlook for its products are buoyant, but timing of new projects is uncertain.
Carrier aids Carnival ship Helicopters from the USS Ronald Reagan are ferrying supplies to the fire-hit Carnival Splendor.
Passengers injured in quay smash Fjord1 vessel out of service after hitting the side at Liabygda in Norway.
Locals fear spill from new bunkering station Questions raised about spill response capacity following launch of English Channel bunkering station.
Crude futures heading higher Both crude futures and the US dollar show firming trends.
Evergreen Line switches from 'highly polluting bunker fuel' In a a bid to pursue greater sustainability, shipping company switches to low sulphur fuels in Hong Kong and New York/New Jersey.
Prices firm in Fujairah, Durban Refinery maintenance shutdown in Durban to continue in December.
Shipping's CO2 emissions have 'increased 56%' Emissions from international shipping 'growing at higher rates than those of transport as a whole', says report.
Bunker market mixed In Gibraltar, barge schedules were fully committed by the majority of suppliers.
A.P. Moller-Maersk reports 'exceptional results' Average freight rates, including bunker surcharges, up 34% in nine months to September.
Mass flow meters could become 'industry standard' Mass flow meters make sense 'on every level', says O.W. Bunker global sales director.
Singapore, Hong Kong bunker prices hit five-week high Mixed levels of enquiries at Asia's key bunker hubs, according to traders.
Rising bunker prices a 'worry' in Q4 Increasing prices have put pressure on rates in the present quarter, says tanker firm Eitzen Chemical.
Bunker fuel to be siphoned off abandoned Korean vessel Around 70% of fuel has already been siphoned, according to the Philippines coast guard.
Taiwanese box ship debunkers in Singapore Bunker fuel acquired in Singapore had high levels of aluminium and silicon, says surveyor.
Bunker ops resume in Far East Russian ports Strong winds that affected operations at the ports have subsided, traders say.
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