World trade rebound clogs up ports The fastest expansion in world trade in three years is clogging up ports from Australia to Brazil, driving a 31 per cent jump in charter rates by December.
Yemen, DP World to expand Aden container port Yemen and Dubai's DP World plan a major expansion of Aden's container port, betting on growth in the poorest Arab country despite Al-Qaeda, instability and Somali pirates, officials said.
Strait Talk
Why tonnage matters YOU would have thought that the answer to a simple question like 'How big is that ship?' would be straightforward. But shipping industry insiders (and long-time readers of this column) will know different.
World trade rebound clogs up ports The fastest expansion in world trade in three years is clogging up ports from Australia to Brazil, driving a 31 per cent jump in charter rates by December.
Yemen, DP World to expand Aden container port Yemen and Dubai's DP World plan a major expansion of Aden's container port, betting on growth in the poorest Arab country despite Al-Qaeda, instability and Somali pirates, officials said.
Strait Talk
Why tonnage matters YOU would have thought that the answer to a simple question like 'How big is that ship?' would be straightforward. But shipping industry insiders (and long-time readers of this column) will know different.
ITG granted AEO F status The German forwarding and logistics company ITG GmbH Internationale Spedition + Logistik, based in Schwaig near Munich, will receive authorised economic operator F (AEO F) sta...
MAN reports shortfall in 2009 The German commercial vehicle manufacturer MAN Nutzfahrzeuge generated sales of EUR 6.4 billion in financial 2009. This was 40% less than in the preceding year. The ...
World Bank and UIC to cooperate in developing countries The World Bank Group and the International Union of Railways (UIC) have formalised their cooperation for the development and implementation of initiatives to benefit the railways s...
US railroads carry 1.06 million units in January The Association of American Railroads (AAR) has reported that US carloads declined by 0.7% to 1.06 million units in January, compared with the same month last year, and were down b...
French retailer Groupe Auchan awards textile business to Agility Groupe Auchan has mandated service provider Agility to manage its textile shipments from Bangladesh to France. Agility is providing Auchan with a retail logistics solutio...
FedEx Express enhances service to and from the north of the Netherlands FedEx Express, a subsidiary of the USA-based FedEx Corp, and the world's largest express transportation company, recently announced a series of service enhancements that will ...
German shipowners' association appoints new helmsman The board of directors of the German shipowners's association (VDR) appointed Ralf Nagel as its new senior managing director, with effect from 15 February. Nagel, who has been Brem...
Felbermayr augments management The Austrian family-owned company Felbermayr, based in Wels, augmented its management at the beginning of this year. Peter Stöttinger, who already had power of attorney and worked ...
Two new gantries for Aqaba Aqaba, Jordan's most important hub for the Red Sea markets, is to be upgraded. In line with the port master plan, two ship-to-shore (STS) cranes were recently delivere...
More containers in Marseille Positive news from the container sector of the port of Marseille. Although the total volume handled in the port in 2009 went down by 13.3% compared to 2008, on account of the globa...
Etihad secures additional flights to Australia Etihad Airways has gained seven weekly frequencies from Abu Dhabi to Australia. The additional connections can be operated to any Australian airport. Etihad already serves Sydney, ...
Yakutia now connects Germany and Siberia Hanover airport in northern Germany will become the first Western European destination of Russia's Air Company Yakutia on 12 June. Yakutia is based in the eastern Siberian city of ...
DOT may approve Oneworld antitrust immunity application The USA's department of transportation (DOT) has proposed granting anti-trust immunity to American Airlines and four international partners, to enable them to form a global allianc...
Finnair Cargo looking at Asian full-freighter options Finnair Cargo, which has been boosted by recent increases in its freight volumes, is exploring the possibility of launching cargo flights between Asia and the Finnish capital Helsi...
Iata World Cargo Symposium 2010, Vancouver, 8-11 March 2010 The International Air Transport Association (Iata) is holding its World Cargo Symposium in Vancouver (Canada) from 8-11 March 2010. The theme this year focuses on what it will take...
Ticket to ride for Warren Buffett The shareholders of Burlington Northern Santa Fe Corporation (BNSF) have voted in favour of the company's acquisition by Warren Buffett's Berkshire Hathaway Inc. Warren E. Buffett,...
DHL introduces Southeast Asian truckload service DHL has introduced a truckload service between Singapore, Malaysia and Thailand, for bonded and non-bonded cross-border full or less-than-truckload services. The company expects to...
Rise seen in Baltic box loops MORE BOX lines are expected to send their deepsea vessels into the Baltic Sea following Maersk Line's decision to extend its Asia/Europe AE10 service into Gdansk
10% scan cost rise seen THE COST of transporting cargo to the US from the EU would rise by 10% under 100% scanning, an EC customs expert told Fairplay today
Dublin strikes set to resume A FURTHER strike is expected at Dublin's port after talks between Peel Ports and workers at its Marine Terminals facility broke down
Man dies as cable whips loose A MOORING cable broke loose and killed a Russian second mate when his ship was approaching a St Petersburg coal dock
Bolloré reports drops TRANSPORT and logistics turnover at the French shipping and trade group Bolloré fell 10.5% last year to €4.53Bn ($6.18Bn) ' and that was the company's bright spot
Tankers await demand TONNAGE competing to carry oil from the Middle East has reportedly climbed to a seven-month high
Diana box pool proceeds DESPITE weaker private investor interest than expected, Diana Shipping confirmed today that a planned distress box ship acquisition company will soon launch
40 laid off at Maersk Ship Management A P Møller-Mærsk has taken action to cut 40 positions at its Rotterdam subsidiary Maersk Ship Management, which is one of the companies taken over from P&O Nedlloyd
Clipper reports hijacking to Danish police Clipper Project Management A/S, Copenhagen, has reported a group of Somali pirates to the Danish police department for international crimes for the hijacking of the CEC Future in November
Møkster orders PSV from STX Norwegian Simon Møkster Rederi has ordered a PSV (Platform Supply Vessel) from STX Europe to be delivered in the fourth quarter of 2011. The vessel will be designed arranged for
Markets wait for Singapore 'to get the week started' Bunker activity in Japan and South Korea virtually non-existent on Tuesday.
Date set for Pakistan's first delivery of bonded 380 cSt Faisal Marine Oil Services finally gains government clearance to start sales of tax-free 380 cSt bunker fuel.
Maersk box ships now steaming at 18 knots 15% cut in bunker consumption achieved over the past five years.
BP: 2010 oil prices to stay flat Robust recovery in global oil demand unlikely, 'no dramatic spikes' expected.
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