Donors giving US$9.3m to prosecute Somali pirates Donors will spend US$9.3 million to help Kenya and Seychelles prosecute suspected Somali pirates and improve those countries' criminal justice systems, a UN official said.
Pirate attacks on the rise in South China Sea A global maritime watchdog yesterday warned of increasing pirate attacks in the south of the South China Sea following six incidents in as many days in waters off Indonesia.
Tankers move into balance on more demand The market for supertankers competing to haul cargoes of Middle East crude oil moved into balance for the first time in two months as vessel supply shrank on Chinese demand.
Baltic Dry Index may continue to fall further
Hanjin Shipping scores big gains as cargo volumes rise
50 years Deutsche Aussenhandels und Verkehrs Akademie (DAV) The German foreign trade and transport academy DAV will mark its 50th anniversary by staging a celebration in the Hanseatic city of Bremen on 25 June. DAV ...
APL Logistics opens new freight station in Bangladesh The logistics service provider APL Logistics recently inaugurated a 114,000 sqft complex about four miles from the port of Chittagong in Bangladesh. The new freight station is loca...
Air Products hires GAC to handle helium shipments GAC Qatar has signed a deal with the international gas producer Air Products USA to handle helium deliveries from Qatar to the UAE. Air Products has nearly 19,000 employees in...
Inauguration of direct flights between Taipei and mainland China China Airlines (CAL) has inaugurated a new direct cross-strait scheduled service from Taipei Sung Shan airport to Shanghai Hongqiao airport, making a historic milestone in the...
Continental announces service to Nigeria in 2011 Continental Airlines, based in Houston TX (USA), plans to launch new daily nonstop flights between its hub and Lagos (Nigeria) on 10 November 2011, subject to govern...
Boxship charter rates rebound as capacity tightens Charter rates play catch up with freight rates as supply and demand balance shifts in owners' favour
Greek owners start to regroup
Why lines are prepared to order new ships and leave others idle
Boxed in by bailouts
Reefer operators win Panama Canal toll reprieve Operators gain three month reprieve in paying new tariff rises in 2011
Lost cause in Panama
KG firms reject bankrupt claims Funds play down allegations that they are technically bankrupt that, saying they are...
Greek owners start to regroup
Diana ship buys could prompt return to equity markets Container affiliate has agreed to buy two resale newbuildings from ThyssenKrupp...
Bulker salvaged six days after grounding The German-owned bulker Winona has been salvaged after lying aground for six days 2.8 nautical miles southeast of Gedser, where the vessel hit a sand bank while on
BP hired Helix Producer I for control of blow out well BP (British Petroleum) has hired the US/Danish owned Floating Production Unit Helix Producer I to gain control over the oil from the Macondo well in the Mexican Gulf. The
IMO prize to Johan Franson The IMO Council has decided to award the International Maritime Prize for 2009 to Johan Franson for "his contribution to maritime safety, security and prevention of pollution from ships." Johan
Crude oil turns bearish Inventory numbers give markets a surprise.
Mid-week prices firm in Rotterdam, Hamburg NYMEX showing losses in early trading.
Steady gains in Fujairah Many suppliers advising tight barge schedules in Fujairah until June 22.
Singapore's July arbitrage volumes set to rise Traders say strong bunker demand is keeping market in balance.
Gazprom Neft 'best taxpayer' Oil giant says it will continue to expand operations in St. Petersburg.
Newbuild treated with fuel saving foul-release coating Cost of treatment will be 'more than recouped' in bunker savings.
Midweek prices 'scattered' at key ports Demand below average across key Asian ports; no prices in Hong Kong due to a public holiday.
Exhaust abatement system developer joins Wärtsilä, ABB To develop selective catalytic reduction (SCR) technology for original 'ground breaking' engine project.
Chimbusco May bonded bunker sales at 'historic high' The state-owned firm benefits from 'competitive' bunker prices, company official says.
- 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
