Baltic index hits 3-month low on slow ore deals The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in three months on Thursday as slower Chinese iron ore demand hit the capesize market.
$317,000 raised for Sembcorp's SchoolBAG programme SEMBCORP Marine has, for the past 10 years, been raising funds for its School Book Assistance Grant (SchoolBAG) programme which gives financial aid to Singaporean kids whose families' combined household income does not exceed $1,500.
Ceva Logistics boosts Q3 operating profit and turnover Ceva Logistics, a global logistics service provider and supply chain manager based in Hoofddorp (Netherlands), boosted its Q3/2010 revenue to EUR 1.82 billion EUR, 32% higher than ...
Panalpina strengthens its network in Australia Panalpina, the global transport and logistics group headquartered in Basel (Switzerland), has confirmed its commitment to further growth in the Oceania region by acquiring its clos...
Swiss Post chalks up excellent results Swiss Post increased its revenue to CHF 6.383 billion in the first nine months of the current business year. This represents a 2.9% increase compared to the CHF 6.203 billion gener...
Lloyd Fonds AG inks black figures for first nine months Lloyd Fonds AG achieved higher equity placements in Q3/2010 than in the previous two quarters together. The company generated sales of EUR 15.4 million in the first nine months of ...
NYK included in DJSI World for eighth consecutive year The Japanese shipping company NYK was recently selected for the Dow Jones Sustainability World Index (DJSI World), marking the eighth year in succession that NYK has been included ...
Ship operators fed up with congestion at Sydney container terminal Congestion at Sydney container terminal is severe and ship operators are growing tired of the problem. Llew Russell, CEO of Shipping Australia said that 'this week has seen se...
Commandos join ship fracas GREEK commandos have reportedly boarded a ship today outside Piraeus to join aid workers who say they have been held captive since yesterday
Minimal Carnival profits hit seen CARNIVAL Splendor's high-profile propulsion loss will not have a significant impact on the cruise giant's financial results, according to Wells Fargo analyst Tim Conder
Maersk ship loses boxes A MAERSK box ship is waiting to have its cargo secured in the French port of Le Havre after it lost at least 19 containers in the Bay of Biscay, Fairplay was told today
Volga Flot profits rise RUSSIA'S Volga Flot has reported a 23% year-on-year rise in profits for the first nine months of 2010
Iran, Nigeria discuss smuggling IRAN'S foreign minister Manouchehr Mottaki has discussed in Nigeria the seizure of arms smuggled into Lagos last month in shipping containers, IHS Global Insight reported today
US box scanning slash proposed THE WHITE House is proposing deep cuts in funds to scan in foreign ports boxes destined for the US
Chinese IPO raises $1.8Bn CHINA'S biggest private shipbuilder has reportedly raised HK$14Bn ($1.8Bn) in a Hong Kong IPO
All smiling at the G20, but are the cracks showing through the paper? Barack Obama was not about to roll over for another shellacking at the Group of 20's (G20) fifth summit at the South Korean capital, Seoul. But the embattled US President - still licking his wounds from a heavy defeat in the November 2 mid-term congressional elections - is not the 'superman' that he was; the kryptonite has come into play and China, Germany, Brazil et al sensed the weakness at the so-called 'currency wars' summit.
APM T plans for the future
Chemical tanker seized by pirates off Indian coast
More cash ploughed into China's infrastructure as rail volumes jump
New owners for Brisbane
'Haircuts' German comments blamed for new Irish bond woes
Mermaid nears AOD stake Thoresen Thai unit set for 49% holding in rig venture Asia Offshore drilling after share sale.
KG house eyes 2011 pick-up Axel Schroeder-led MPC Capital posts small profit and talks of new ship investment fund in next few months.
Jolly good luck, again Ignazio Messina's Jolly Bianco unscathed in latest pirate incident to hit the Italian owner.
STX OSV enjoys SGX debut Newly-listed shipbuilder sees shares rise in Singapore as CEO appears to rule out dual listing in Oslo.
Citadel saves BBC Orinoco crew Beluga-chartered vessel eventually escapes hijacking after crew hide in onboard compartment.
Plane crash claims Damen workers Dutch shipyard offers condolences after three employees die in Cuban aircrash along with 65 other victims
RCL turning around losses Third quarter turns positive for Thai container line, while nine-month deficit slashed.
Vopak profit swells further Dutch tank terminals group increases nine-month earnings, with more to come in fourth quarter.
Financing drains Bharati's earnings Indian shipbuilder hit by higher interest expenses in first nine months of 2010.
London Club joins the five percenters Some big claims despite a generally improving picture persuade the shipowner directors of another P&I club to impose a 5% general increase.
Engineer dead after tug capsizes Polish man's body found as Fairplay 22 goes down off the Hook of Holland; captain missing.
Globus down on weak rates George Karageorgiou-led Greek bulker owner sees third quarter profit drop slightly as fleet reduced.
Rongsheng prices at low end Chinese shipyard's Hong Kong IPO to raise $1.8bn after price set at HKD 8 per share.
Profits down at Modec Japanese FPSO and offshore player sees third quarter results slip by 23% from a year ago.
Rolls Royce in China tie-up British enginnering company agrees link-up with Chinese marine design and research outfit Bestway.
Swiber results slump 50% Singapore offshore player's bottom line dented by forex loss, higher expenses and finance costs.
Rickmers takes cancellation hit Singapore trust says core operation strong despite $64m charge for not buying seven boxships from parent.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
