Reduced IPO will boost share price: Ningbo Port China's Ningbo Port said yesterday that its reduced initial public offering size would benefit shareholders and boost its post-debut share price.
Kenya invites bids for new port construction Kenya yesterday invited bids for the first phase of construction of a new port along its coast in Lamu, involving the building of three berths.
Sinopec starts building its first LNG receiving terminal China Petroleum & Chemical Corp (Sinopec) started building its first liquefied natural gas (LNG) receiving terminal in eastern Shandong province on Friday after the project received final approval from the government.
Global Shippers' Forum calls for more liner shipping reform The Global Shippers' Forum (GSF) affirmed at its annual meeting held in Macau recently that ocean shipping reform remains a key policy priority for the body. The GSF meeting noted ...
Major BLG order brings jobs to Bremen BLG has won an international tender held to award a contract for the dispatch of completely knocked-down cars (CKD) for Volkswagen Logistics, the internal logistics service provide...
Dachser establishes Dutch maritime freight branch The German logistics provider Dachser, which runs international operations, now also provides its worldwide sea freight services to and from the Netherlands. Together with Seacon, ...
Shanghai Compass Global Freight joins GPLN The Shanghai Compass Global Freight Company, based in Shanghai (China), is the newest member of Global Project Logistics Network (GPLN). Compass Global was founded in 2001 and spec...
Wincanton wins three-year extension to Adidas contract Logistics service provider Wincanton has had its contract with Adidas renewed for three years. Under a deal originally secured in 2008, Wincanton will thus continue to deliver spor...
Norbert Dentressangle appoints Duncan Eyre as commercial director Duncan Eyre has been appointed as Norbert Dentressangle's new commercial director of its UK transport services division. Eyre has been with Norbert Dentressangle for six years and ...
HHLA to expand container terminal in Ukraine HPC Ukraina, a subsidiary of the German company Hamburger Hafen und Logistik AG (HHLA), is set to invest EUR 70 million in the expansion of its Odessa Container Terminal (Ukraine) ...
FAA awards additional Recovery Act airport grants The US transportation department's Federal Aviation Administration (FAA) has selected five more airport projects for funding, paid for with USD 9 million in American Recovery and R...
Plans for private piracy patrols slammed UK firm to hire out private armed military ships in Gulf of Aden but experts warn of risks
Armed guards prove a sticking point as insurers try to clarify cover
Ships openly allowed to carry arms in Saudi waters
Unions back use of armed guards on vessels
Brussels to name and shame substandard operators Ship operators calling EU ports to be classed and listed on a public register from...
Blacklisted vessels to be banned from EU...
IUMI 2010: Cargo insurers brace for loss Sector to report technical loss for 2009 for first time in almost a decade
Uncertain times in the marine market
New orders at Chinese yards remain strong in first eight months of 2010 Some warn the pace of new orders could slow amid continued economic uncertainty.
MMX acquiring Sudeste port BRAZILIAN iron ore company MMX Mineracao & Metalicos is poised to buy the Sudeste port project in Rio de Janeiro's Itagua' municipality for $2.3Bn
US piracy ruling challenged PROSECUTORS in the US are contesting a federal judge's ruling that piracy charges against five Somalis should be dropped
Two kidnapped in Cameroon JAN DE NUL told Fairplay today it had not received a ransom demand for two crew members kidnapped from its dredger Amerigo Vespucci in Cameroon
Greek yards' future at stake THE GREEK navy has reportedly backed from a deal with ThyssenKrupp which would potentially transfer the German company's stakes in Greece's Hellenic Shipyards to Abu Dhabi MAR
Major naval exercise in the Baltic Sea The large international naval exercise Northern Coasts 10 is being held in the Baltic Sea between September 13 and September 24, 2010. The exercise is hosted by the Finnish Navy
Allure of the Seas on sea trials Assisted by the tugs Triton and Ukko, the cruise vessel Allure of the Seas set out to sea from STX Finland's Turku shipyard for the first time on September 13
Drunken captain on Norden tanker An Indian captain on board D/S Norden's product carrier Nord Fast was intoxicated during a call at Fawley, England, last week. The pilot on the Nord Fast smelled alcohol
Ventrafiken orders new ferry Ventrafiken has placed an order with Danish Hvide Sande Skibs- & Bådbyggeri for a new ferry for the service from Landskrona to Ven for delivery in August, 2012. The contract is
Industry 'often ahead of the game' on regulations INTERTANKO's Peter Swift looks at industry performance and issues surrounding environmental legislation.
Bunker prices soften in key ports Durban: Market activity eases off after busy morning.
Rotterdam, Hamburg prices firm While South European bunker prices were falling.
'Half global container fleet' is slow-steaming New study concludes that slow-steaming can lead to 'substantial savings' but has done 'little to improve schedule integrity'.
Fuel testing agency wins award once more Lintec named 'Supplier of the year' for the second year running by Incentra.
Russia's fuel oil export tax falls October duty is likely to be between $103-$104 pmt.
EGCSA: Time to 'debunk myths' about scrubbers Exhaust gas cleaning systems showcased at SMM promising 2015 ECA compliance for sulphur emissions and quick return on investment.
Run of record bunker volumes come to an end Singapore bunker volumes fall month-on-month for the first time since February.
IFO prices drop in Singapore and Hong Kong Good demand in Hong Kong.
Chinese supplier aiming for majority market share Ambition to take over two-thirds of the Chinese market for bonded bunkers by 2013.
Singapore fuel monitoring system nominated for local award Ascenz controller 'robust and tamper-proof', company GM says.
Sinopec Zhoushan to start 180 cSt deliveries in Shanghai Able to start deliveries from September 15 onwards, company source says.
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