Maersk taking slow steaming all the way It took more than a month for the containership Ebba Maersk to steam from Germany to Guangdong, China, where it unloaded cargo on a recent Friday - a week longer than it did two years ago.
Platform to develop green shipping solutions THE Maritime and Port Authority of Singapore (MPA) and Nanyang Technological University (NTU) yesterday jointly launched the $15 million Maritime Clean Energy Research Programme (MCERP) to focus on research platforms that promote green, carbon-neutral, energy management solutions.
RZD approves new 23.5 t and 25 t solid-bottom gondolas Russian Railways RZD has approved a new solid-bottom gondola produced by the Tikhvin Railway Car Building Plant in the Leningrad region. The factory is waiting now for...
Argentina: road freight growth declines TheQ2/2010 Argentina freight transport report, produced by market researchers for Companiesandmarkets.com, indicates that road haulage will grow by 1.7% over the annual a...
Alpine Initiative demands ro-mo for Gotthard traffic When the Gotthard road tunnel is due for an overhaul ten years from now, the Alpine Initiative, the association which supports Switzerland's transport policy, wants to shift all ro...
PCC Intermodal starts Frankfurt-Herne rail link DB Schenker's Polish subsidiary PCC Intermodal SA has launched a rail link for containers between Frankfurt-an-der-Oder and Herne (both Germany) this month. Tra...
Grimaldi wants to scrap old steamers The Italian shipping company Grimaldi, one of the world's largest shipowners and operator of ferry services, has caused a furore in the industry by demanding vehicle scrapping legi...
Heavy Load Freight Services joins GPLN Heavy Load Freight Services, based in Dubai (United Arab Emirates), is the newest member of the Global Project Logistics Network (GPLN). GPLN is a leading non-exclusive professiona...
FedEx opens freight forwarding offices in India The US CEP provider and integrator FedEx has opened its first freight forwarding office in India. The company has set up branches in Mumbai and Chennai, as part of an expansion of ...
PD Logistics to handle Tsingtao beer imports to UK PD Logistics, a subsidiary of the PD Ports Group, has won a contract to handle UK imports of Tsingtao beer from China. Tsingtao is imported by Halewood International. The container...
Port of Duisburg: container figures stable at a high level The port of Duisburg (Germany) reported that its ship, railroad and truck container trade added up to 1.82 million teu in 2009, and was thus almost on a par with the 1.89...
Intermmodal South America in Sao Paulo, 6-8 April 2010 Intermodal South America is the largest and most important event in the Americas for the transport, logistics and international trade sectors. This year's event ' the 16th Intermod...
Jean-Pierre Chalus new president of port of Nantes Saint-Nazaire Jean-Pierre Chalus, who has been the director general of the French port of La Rochelle since 2008, has been named as the new president of the port authority of the Grand Port Mari...
Hans D'rrer turns 60 today Hans D'rrer, the editor-in-chief of the German trade journal "Schifffahrt und Technik", is celebrating his 60th birthday today. He is also the managing partner of the mag...
Greek farmers end road and border blockades The road blocks in Greece have been removed. "We know that our country's situation is serious," a farmers' spokesman said. Greek farmers have began blocking trunk ro...
Safmarine improving East Africa-Far East network Safmarine, a shipping company headquartered in Antwerp (Belgium), is improving its Far East to East Africa network by introducing the direct and fully-containerised Mashariki ...
Hijacked tug crew rescued ELEVEN crew members of the hijacked tug Asta have been rescued by the Malaysian Navy vessel off Adraiser Reef, the ReCAAP Information Sharing Centre has reported though a chief engineer is said to be missing
Norway slows as fuel drops NORWAY'S economy will reportedly expand at a slower pace than previously forecast, as lower oil investments and a struggling manufacturing sector curb growth
Volga to lease newbuildings VOLGA Shipping said today it has signed an agreement to lease 10 dry cargo newbuildings
India offers pirate protection INDIA has reportedly offered naval support for China to protect its oil shipments from pirates and other threats
China, Oz to restart trade talks CHINA and Australia are restarting talks to forge a free-trade agreement, IHS Global Insight reported today
Aker bags $71M offshore deal NORWAY'S Aker Solutions said today it has won a $71M offshore contract from Statoil
Tallink prepared for strike ESTONIAN ferry operator Tallink told Fairplay today that it is well prepared for a planned strike by Finland's iceabreaker crews
More sales ahead Compofelice says Trico Marine planning more sales of non-core vessels as it works to boost liquidity. Shares plummet after loss.
Algoma rises Canadian owner sees 37.6% rise in profits on improved products tankers results and lower taxes.
Irtysh re-floated Multraship and Svitzer come to the aid of grounded Russian-flagged cargoship in the Black Sea.
Charter stretched Houston offshore outfit Oceaneering International extends charter of Island Offshore subsea service vessel for another year.
Legal blow Pride International's expectation of a $56.2m settlement of a corruption case pushes rig and drillship owner into $23m loss.
Claim quashed Pirate detention of MISC chemical carrier for 41 days did not amount to the total loss of bio-diesel cargo.
Pay up, Chavez US offshore vessel giant Tidewater turns to arbitration after receiving no compensation for seized vessels and other assets in Venezuela.
Profit from FPSO Oceaneering International books $1.9m gain on sale of Ocean Producer, which brokers say has been sold for demolition.
Orders back on? Grindrod renegotiating contracts for three cancelled tanker newbuildings as weak markets slash earnings.
Belships better Sverre Tidemand-led bulker owner returns to the black in the fourth quarter as it pockets $1m tax payback.
Full disclosure? Shipping trial focuses on what evidence Russian investigator handed over to Sovcomflot lawyer on Dmitry Skarga's property dealings.
More deferrals Oceaneering International CEO says offshore fleet should continue to see deferrals on offshore projects.
Ship abandoned General cargo vessel grounds and sinks off Turkey, but all 10 crew rescued.
No fear Offshore owners with vessels en route to Falkland Islands are un-plussed about growing hostility surrounding Ocean Guarding drilling campaign.
Lion leaves pride Gregory Callimanopulos-led Toisa sells ageing PSV to Asian buyer, brokers say.
Tax return Joe Compofelice's Trico Marine reveals a near $45m boost from reversal of Norwegian back tax law.
Crew saved Indonesian fishermen pick up four men three days after their cargoship capsizes in Strait of Makassar.
Seized ship moves Pirates onboard hijacked Zodiac car carrier Asian Glory get another bout of wanderlust as it moves again.
Greek ship rescue Filipino crewman undergoes surgery in Oman after rescue by Royal Navy from tanker in Gulf of Aden.
Convention hit Secretary of Pakistan Shipbreakers' Association says Hong Kong convention threatens jobs.
Ports to be kept Debt-ridden Dubai World expected to hold onto its crown jewel terminals business.
Trico tumbles Newbuilding cancellations hammer Nasdaq-listed owner in the fourth quarter despite healthy income from ship sales.
Otto fixes Singapore-listed offshore player lands $35m charter for accommodation barge.
Eitzen still red Losses cut at Terje Askvig-led Eitzen Chemical but weak chemical and clean petroleum markets lead to deficit.
STX sinks Dire freight rates and slumping volumes send South Korea's STX Pan Ocean to large net loss.
China to benefit Head of AP Moller-Maersk's global recycling says Asian giant set to benefit from convention.
KOTC tanker plan Kuwait shipowner looking to order aframaxes in Korea, as single-hulled VLCCs go on the block.
Second success Two former co-defendants of Igal Dafni win defamation case against Zim to follow last month's victory in 'Judas' trial.
Deeper red Oslo-listed Aker Floating Production stung by write downs and goodwill as fourth quarter losses treble.
SMM repair haul SembCorp Marine wins repair deals worth over $90m and renews long-term Eitzen contract.
Loss shrinks Norway's Hurtigruten manages to slash its losses through cost cuts but finance expenses still hurt.
Fincantieri wins large newbuilding contracts The US cruise group Carnival Corporation & plc have chosen the yard group Fincantieri to build two prototype ships for Princess Cruises. The agreement is "subject to the execution of a
Odfjell sells another vessel for recycling Odfjell, listed on the Oslo Stock Exchange, has sold another parcel tanker to India for recycling ' the 45,655 DWT Bow Power, built in 1987. The selling price is close to
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