Baltic Dry Index's 7.5% gain the best in 14 months The Baltic Dry Index, a measure of commodity-shipping costs, rose the most in 14 months as rents continue to surge for the capesize-class ships that typically haul iron ore.
Aramex awarded class A Tapa certification for Amsterdam facility Aramex, a global logistics and transportation solutions provider, said that it has been awarded class A status by the Transported Asset Protection Association (Tapa) for its Amster...
DB Schenker Logistics offers new shoe logistics sorting facility DB Schenker Logistics has responded to a growing need in the fashion industry for deliveries to retailers with a new sorting facility in Kolding (Denmark). The new facility provide...
Tesco renews contract with Norbert Dentressangle Tesco, the UK's largest supermarket chain, has renewed a contract with Norbert Dentressangle for the management of twelve recycling service units (RSUs) in the UK and Ireland. The ...
Solstad hot for Southeast Asia NORWAY'S Solstad Offshore has shown its commitment to the Southeast Asian market by securing two long-term vessel contracts
Boxes push Rotterdam higher ROTTERDAM's port said today it had an 18% surge in container throughput in the first half of 2010, compared with H1 last year
Ships begin leaving Mumbai SHIPS HAVE begun sailing out of the Mumbai channel, which has been partly reopened after clean-up operations, Fairplay was told today
Investments hit Teekay Corp TEEKAY Corp swung to losses in 2Q10, largely because of derivatives losses, while its sister companies reported mixed results
Ultrapetrol sheds red ink Felipe Menendez-led shipowner keeps head above water in Q2 as river revenue soars.
Transocean dayrate in doubt Swiss drilling giant gears up for five-year Eni gig but prime rate could skyrocket in the wake of Deepwater Horizon disaster.
Sembcorp scores in PPL battle Skirmish over PPL Shipyard stake heats up as High Court slams move to sway board vote.
Happy days for Fonds in Q2 German shipping fund manager motors back to black in second quarter after being leathered by poor markets.
Micky back at Meyer Werft Carnival Corp takes its tally at the German yard to three after inking 71,300-gt newbuilding.
Cosco Corp clinches two more Singapore-listed shipbuilder racks up its second bulker order of the week with $48m handysize pair.
NewLead logs net loss Second-quarter costs climb amid aggressive acquisition plan as Michael Zolotas-led owner sinks deeper into the red.
ESL inks $32m bulker loan Finnish owner pens loan pact to help bankroll pair of supramax newbuildings.
Knightsbridge buoyed by VLCCs John Fredriksen-controlled owner boosts second-quarter profit on tanker market as capes flatten.
Essar split signals fresh listing Newly-created Essar Shipping to seek Bombay float after demerger from Indian owner's ports business.
Shipping spurs strong start Wilh Wilhelmsen tops bets in second quarter as its shipping division shines.
'Sex pest' nabbed on cruiseship 'Most wanted' sexual assault suspect traced to Carnival Splendor using Google and Facebook.
Dockwise eyes semi-sub order Andre Goedee-led offshore vessel owner could launch $100m equity issue for newbuilding as profit drops.
Teekay Corp lags Street bets Bjorn Moller-led tanker owner falls short of analysts' forecasts in the second quarter.
Street beats Aegean Marine New York-listed bunker player sees first quarter figures fall short of forecasts.
Swap loss cuts Teekay net Teekay Tankers sees second-quarter net profit drop on interest rate swaps while revenues also fall.
STX in offshore order debut Korean keeping mum on yard which has bagged $160m order for PSV trio as it branches into offshore.
Wilson bounces back to black Mini-bulker owner returns to profit in Q2 but it fears results may tail off again.
STX: 'Newbuilding disaster unlikely' Korean owner cuts second-quarter loss and says industry to avoid newbuilding doomsday with axing and delays.
Financials hurt Teekay LNG Large derivatives loss and swing in equity items hurt owner's bottom line but revenues on the rise.
Trailer Bridge utilisation up US shipowner keeps profit at modest level as utilisation from US to Caribbean increases.
Derivatives bite Teekay Offshore Unrealised losses push Peter Evensen-led shipowner into the red on the second quarter.
Wilh. Wilhelmsen increases profit after shipping markets improve Wilh. Wilhelmsen Holding posted an operating profit of USD 123 million for the first half of 2010, compared with USD 114.7 million the corresponding period in 2009. Total income
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