BP tries to contain oil spill under growing pressure Energy giant BP made a new attempt to siphon gushing oil from an offshore well as political pressure and public outrage increased over the company's slow progress at stopping environmental disaster.
USA investigating Panalpina, EGL and Kellogg Brown & Root The US Department of Justice (DOJ) is pursuing allegations that two freight forwarders - Eagle Global Logistics (which has since merged with TNT Logistics and b...
UPS and P & T Express establish joint venture in Vietnam United Parcel Service (UPS) and P & T Express have established UPS Vietnam as a joint stock company to expand UPS's footprint and better serve customers in Vietnam. Through the...
Agility Malaysia receives Tapa certification Agility has announced that two of its Malaysian facilities, including a logistics hub still in its first year of operations, have attained Transported Asset Protection Associa...
Loxxess building in Warsaw and entering pharmaceutical logistics business Loxxess, a German logistics group that specialises in complex outsourcing projects, is expanding its offering in Poland to include temperature-controlled warehousing solutions for ...
Vietnam Airlines selects Kale Kale Consultants Ltd, a leading solutions provider to the airline, airport, logistics and travel (AALT) industry headquartered in Thane (India), announced that Vietnam Airline...
Air cargo volumes down again in Poland Poland's twelve large airports handled less freight in 2009 for the second year in a row. The country's civil aviation office said that the 16.3% decline to just under 70...
Denver international airport continues positive traffic growth trend in March March cargo traffic at the USA's Denver international airport continued the positive growth that started at the beginning of 2010. There was a strong increase of 21....
Transocean sees 1851 loophole TRANSOCEAN Holdings is invoking 160-year-old US admiralty laws to limit its exposure to damage claims relating to the Gulf of Mexico oil spill
New Polish yard tender approved THE EC has agreed to yet another tender to sell part of the property owned by Poland's Szczecin and Gdynia shipyards, the country's treasury ministry has announced
UK shipping chief to be named THE UK'S new shipping minister will probably be appointed on Monday, the Department for Transport told Fairplay today
Jailings ordered in Barcelona A SPANISH judge has ordered four suspects jailed in a major scandal involving the alleged robbery of containers in Barcelona, Catalan police told Fairplay today
Pirates free St James Park PIRATES released UK-flagged chemical tanker St James Park today off Somalia after a ransom was paid, EU NAVFOR reported
TUI burned by Iceland's volcano GERMAN tourism and shipping group TUI told Fairplay today that disruption from Iceland's volcano cost the group about €100M ($124.5M)
Behind China-Israel accord CHINA and Israel have signed a deal to increase trade, IHS Global Insight reported today, which is certain to boost shipping volumes
New politics? Ocean carriers and shippers are still reluctant to trust one another: the former fear that shippers will be quick to take advantage, to force freight rates back up the moment that bookings slacken off; and the latter - with perhaps some justification - are of the opinion that carriers do not properly value their custom.
Bunkers overvalued, expected to shift lower Prices currently high when compared to crude oil.
Bunkers bearish as crude heads downward Falling prices across the board to end the week.
IMO and Europe: Pushing ahead with global GHG regulations Efthimios Mitropoulos meets with Europe's climate change commissioner to discuss ways to avoid measures that could hinder the industry's development.
Prices weak in Rotterdam, Hamburg NYMEX showing losses of more than $2.50 in early trading.
Mixed price movements in Fujairah Durban strike continues but bunkering going ahead.
Supplier appoints new director of international sales Adil Shir takes over from Muhammad Yousuf
Falmouth supplier offering 1.00% sulphur IFO UK port is on western boundary of Emission Control Area.
External: Praxis Energy Agents S.A
Italy-based bunker and lubes trader changes name Omega Bunker has restructured to become a PLC.
IFO product prices drop in all major ports Bunker prices fall on the back of falling crude oil prices, traders say.
Chimbusco's April bonded bunker sales steady Chinese supplier estimated to have sold over 1.7 million mt in the first four months of the year.
Chemoil posts losses in Q1 Even as revenues increase 78% during the quarter; company blames weak demand and the lack of cheaper fuel sources.
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