Drydocks World to focus on current orders DRYDOCKS World - South-east Asia, which has seen new orders drying up, capped off a difficult year by focusing on the orders it has on hand and pushed out seven deliveries in December.
Gulf Navigation eyes more vessels as prices slump Gulf Navigation Holding PJSC, Dubai's only publicly traded oil-tanker owner, is seeking to buy vessels after prices more than halved in two years.
Tanker ransom is biggest ever paid The largest ransom ever paid to Somali pirates was dropped on Sunday onto a Greek- flagged oil tanker with two million barrels of oil on board, pirates and maritime officials said.
Astag worried by 91% increase in bankruptcies Astag, the Swiss association of commercial vehicle operators, has pointed out that bankruptcies in the Swiss road haulage industry increased by 91% in 2009, as ascertained by Dun &...
Union Pacific with record domestic year Union Pacific Railroad achieved a record year in 2009, handling 1.25 million domestic intermodal shipments. Overall, Union Pacific Railroad's intermodal freight declined by 12% to ...
Grimaldi Group present at Fruit Logistica The Grimaldi Group, a European leader in the motorways of the sea sector, is taking part in the Fruit Logistica trade fair in Berlin (3-5 February). It will be represented at the m...
Joint Samskip and Pro-Log barge operations a success The Rotterdam-based company Samskip Multimodal Container Logistics and the Zwijndrecht-based firm Pro-Log have completed the 1,000th barge trip between Rotterdam and Duisburg. The ...
Aerologic expanding Asia and USA network Aerologic, a Leipzig-based cargo airline jointly owned by DHL Express and Lufthansa Cargo, is expanding its network in the wake of the recent delivery of two additional Boeing B777...
Geopolitics of the Russian transport system, Moscow, 18 March The 1520 Strategic Partnership International Rail Business Forum, which aims to transform the transport network in the Commonwealth of Independent States, the Baltic states, Mongol...
Hamburg Süd names "Rio Madeira" Hamburg Süd named the "Rio Madeira", a 5,900 teu unit, in Montevideo (Uruguay) recently. The "Rio Madeira", which can carry 1,365 reefer containers, is 286 m lo...
Loxx boosts services between Germany and Spain Loxx, an internationally active logistics and forwarding group based in Gelsenkirchen (Germany), expanded its general cargo services to Spain in recent weeks, and is hoping to be a...
Latvian railfreight volumes decline LDz Cargo, the railfreight subsidiary of the Latvian railways, lost 4.2% of its railfreight volumes in 2009 in comparison with the previous year, carrying a total of 53.7 million t...
Gefco Turkey manages logistics for BSH The Turkish branch office of the French logistics service provider Gefco has entered into a cooperation agreement with the company Bosch und Siemens Hausger'te (BSH), the third-lar...
Famous Pacific Shipping acting on global expansion plans The Famous Pacific Shipping Group, a NVOCC and freight services supplier, is looking for new members to share its access to some profitable and attractive freight markets. FPS is p...
IMO told to hurry emissions plan THE EU has urged the IMO to hurry sorting out shipping's greenhouse gas rules, Fairplay was told today
Santé shifts focus in Haiti SANTÉ Shipping's recently launched cargo service to Haiti is proving useful in the aftermath of last week's crushing earthquake
Crowley antitrust suit settled CROWLEY Liner Services has settled with class-action plaintiffs who alleged antitrust violations in the Puerto Rico box trade
Vale seeking fertilizer deal VALE HAS announced it is negotiating to acquire the Brazilian assets of the US fertilizer group Bunge, worth up to $ 3.8Bn
$852M sought in Cameroon CAMEROON'S Limbe deepwater port needs $852M to pay for its completion, according to a new feasibility study
Wagenborg crews to be trained by Wärtsilä Wärtsilä has signed a three-year contract with Wagenborg Shipping covering the training of more than 830 of the shipping company's crew members at the W'rtsil' Land & Sea Academy training
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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