ReCAAP voices renewed concern over piracy THE 4th annual meeting of the region's anti marine piracy council concluded yesterday with the governors expressing renewed concern over continuing incidents in the Gulf of Aden and off the coast of Somalia.
South Africa's transport minister in China South Africa's transport minister Sibusiso Ndebele is currently visiting China. He expects to meet senior officials from the Chinese ministry of transport, as well as re...
US trucking industry is optimistic According to the observations of Transport Capital Partners (TCP), carriers expect March to continue to improve as inventory is moved. While carriers are uncertain about April, the...
British Road Haulage Association says petrol price hike is a joke The British Road Haulage Association (RHA) has attacked the UK's chancellor, Alistair Darling, just weeks ahead of the first of four planned fuel duty hikes. Duty on fuel will...
Canadian railway customers suffer from poor rail services Freight customers of Canada's largest railways have issued a damning review of the quality of service that they have received in recent years. Some 62% of the clients cla...
OT Africa Line calling directly at Pointe Noire OT Africa has added a direct call to Pointe Noire on its Angola Shuttle service, which is operated with five 1,100 teu vessels. The introduction of this new call enables the s...
Montreal port authority buys first green locomotive Montreal port authority (Canada) has signed an agreement with R.J. Corman Railpower to purchase a next generation environment-friendly locomotive for CAD 1.6 million (EUR 1.15...
Maersk to end slot charter agreement with Horizon Lines The slot charter agreement between Horizon Lines and Maersk Line on the Trans-Pacific 1 (TP1) service will cease in December 2010. The weekly sailings currently call at Y...
Christian Kern is new 'BB Holding boss Christian Kern, will replace Peter Klugar as chairman of the board of 'BB Holding on 7 June. Klugar, whose contract expires at the end of the year, will resign from Austrian Federa...
Stena Line to terminate L'beck/Travem'nde-G'teborg service Stena Line, a Swedish ferry shipping company, is terminating its freight connection from L'beck and Travem'nde (both Germany) to Gothenburg (Sweden). The goods that pass through th...
Panalpina hurt by volatile rates Logistics giant loses out as it was locked into customer contracts
Cosco confirms bulker cancellations Five vessels on order at its Chinese yards have either been cancelled or had deliveries rescheduled
Mitropoulos seeks meeting with EU climate action boss IMO chief invites Connie Hedegaard to London ahead of key meeting on greenhouse gas emissions
Dover Harbour Board hits back at ferry customers Chief executive Bob Goldfield had no inkling that the ferry operators would write a joint letter criticising port policy
Shipping facing two more years of hardship Industry has not seen worst yet, says DVB Bank managing director Dagfinn Lunde
DVB stems profits slide GERMAN shipping and transport bank DVB limited damage from the recession and the shipping markets crisis, in reporting today a slide in 2009 operating profits of 13.6% year on year
Clipper: 'Hit where it hurts' DENMARK'S Clipper told Fairplay today that 'targeting' out pirate mother ships was the most effective way to address piracy
Wind factor in spill rebutted WIND WAS no factor in the Eagle Otome oil spill in Texas, the US Coast Guard has told a panel of inquiry
STX lands $42.5M from bond NORWAY'S shipbuilding group STX Europe told Fairplay today is has received a $42.5M in funds from a bond issue
Saudis sign anti-piracy code SAUDI Arabia today signed the Djibouti anti-piracy code, becoming the 13th country to do so
Petronas courts Norway MALAYSIA'S oil major Petronas wants to team up with Norway to learn about deepwater exploration, IHS Global Insight reported today
Spar goes supra Norwegian owner boosts orderbook with deal for five 58,000-dwt bulkers at Yangzhou Dayang.
Bidding begins Transpetro launches into the ethanol trade by inviting shipyards to compete for a 100 vessel order.
Breaking up Russian reefer Petrozavodsk realises salvors' worst fears as it splits in two off Norway after grounding last May.
Talks continue Finnish port shut-down drags into second week as another meeting between bosses and union planned for Friday.
Swedish slide Tanker and ferry player Rederi AB Gotland sees 2009 earnings eroded by higher operating costs.
Marine meld Insurance cover of Torm, Clipper, DFDS and other top owners in contention as Codan buys renewal rights to TrygVesta hull underwriting portfolio.
Dover dust-up P&O, Norfolkline and SeaFrance threaten legal action against port over higher fees.
Clarksons up End of legal spat with Russians and large cost cuts save Andi Case-led broker as sales slump in poor markets.
Burgas beached Bulgarian cargoship drags anchor in storm off Italy, becoming stuck on sand bar.
Log-In loss Brazilian boxship player Log-In Logistica sees profits slump as domestic trade issues batter the bottom line.
Rudder fails Italian ro-ro cargoship needs tug assistance as it loses steering in storm off Sardinia.
Injury off UK Crew member rushed to hospital with head injuries after incident on offshore vessel off Scotland.
DVB "solid" Boss Wolfgang Driese thankful for mere 28% dip in profit after "unprecedented" 2009.
Trouble ahead Swire Pacific Offshore says rates will continue under pressure this year due to spate of newbuilding deliveries.
Torm tanks Danish giant sinks into the red and warns of possible large loss in 2010 as dividends axed.
Virus strikes Passengers onboard Fred Olsen cruiseship Boudicca confined to cabins on Mediterranean trip.
'Wind no factor' USCG hit out at reports "strong winds" and "poor visibility" could have cause Eagle Otome crash off Texas.
Scuttling fails Former New York state employee arrested on suspicion of flooding historic cargoship Day Peckinpaugh.
Brazil job for SMM SembCorp Marine's Jurong Shipyard to carry out pre-conversion works on Petrobras FPSO.
China crude high February's crude imports into the People's Republic reached the second highest level on record.
Long Beach jumps US west coast container port has reported a third consecutive month of growth in volumes.
Ow buys Boheme Singapore Shipping back in buying mode with acquisition of Wallenius pure car truck carrier.
Black figures for Gotlandsbolaget The Swedish ferry and tanker owner Gotlandsbolaget managed to make a SEK 184 million pre-tax profit, despite depressed tanker markets. The corresponding result in 2008 was SEK 409 million
Codan buys TrygVesta's marine portfolio Codan Marine has acquired TrygVesta's marine hull insurance portfolio and boosts its position as the third largest marine hull insurer in the Nordic market. Last year, TrygVesta's portfolio had an
Wallenius sells PCTC to Singapore Singapore Shipping Corp, SSC, announces that it will acquire the 1999-built PCTC Boheme, with capacity for 7,200 cars, subject financing. The price tag is USD 50 million and Wallenius
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