Zim's suit against ex-area president dismissed The High Court has dismissed with costs, the suit brought by Israel-based Zim Integrated Shipping Services against its former area president Igal Dafni, and Starship Carriers Pte Ltd, Starship Agencies Sdn Bhd, Charter Shipping Agencies Pte Ltd and their directors.
Suez Canal holds fees, sees revenue rise The Suez Canal Authority chairman confirmed on Tuesday that transit tolls would remain steady in 2010 for the second straight year, but said that he expected 2.4 per cent growth in the strategic waterway's revenues this year.
Northern China ports remain shut China's top coal-shipping port Qinhuangdao and several other northern Chinese ports failed to resume operations yesterday, after a cold front lifted a two-day fog but brought high winds.
Maximus made great progress in 2009 UAE's cargo aircraft operator Maximus Air Cargo reported significant progress throughout 2009, despite what was for many a turbulent year. Growth continued, with sales increasing n...
Iveco renews major contract for spare parts logistics throughout Europe Iveco, one of the world's largest producers of commercial vehicles and buses, has renewed its current logistics service contract with logistics provider Kuehne + Nagel for a furthe...
Rhenus opened office in Liverpool Rhenus Logistics Limited in Great Britain opened a Liverpool sales office in January. This marks a continuation of the corporate strategy of tapping into new regions by using small...
CNH collaborates with Transmec Group again The Campogalliano, Modena-based Italian transport and logistics provider Transmec Group has concluded a two-year agreement with CNH Group for FTL transport services from production...
Air China gets USD 220 million injection for cargo venture Air China reported that its state parent has obtained a USD 220 million cash injection from the Chinese government to fund the carrier's purchase of a stake in its cargo ...
Cargolux signs a five-year agreement with Unitpool The Luxembourg-based all-cargo airline Cargolux has concluded a five-year agreement with unit load device (ULD) supply and management provider, Unitpool. ...
GAC and MariFlex in ship-to-ship transfer services tie-up GAC Transfer Services and the European STS service provider MariFlex have launched 'GAC Transfer Services ' Powered by MariFlex' (GTSM) to provide a wider range of services and cho...
TFG Transfracht offering more departures between Bamberg and German seaports The German service provider TFG Transfracht has increased its service between Bayernhafen Bamberg and the German seaports from three to five departures per week, due to an increase...
CMA CGM returned to profit zone in Q4/2009 The French shipping company CMA CGM modified its status at an extraordinary general meeting on 23 December 2009, by changing from a joint stock company with supervisory and executi...
BREAKING NEWS: Traxon and Cargonaut forming an alliance The ITJ has received exclusive information that the electronic communication provider Traxon Europe (Frankfurt, DE) and Cargonaut (Amsterdam, NL) have agreed to form a far-reaching...
Shippers shocked by end of low box freight rates For the first time since mid-2008, average global container freight rates experienced a year-on-year increase in late 2009, according to Drewry's December 2009 container freight ra...
CMA CGM: new management structure The French shipping company CMA CGM modified its status at an extraordinary general meeting on 23 December 2009, by replacing the supervisory and executive boards with a board of d...
Italian shuttle train relieves M'nchen-Riem Interporto Campano SpA and Cemat SpA, the partner companies of the German intermodal service provider Kombiverkehr, launched a new shuttle train offer on 18 January. T...
Scania supplies Terex with low consumption engines Truck manufacturer Scania and leading construction and industrial equipment manufacturer Terex, based in North America, have signed a long-term agreement that foresees Scania suppl...
Japan Airlines goes to the wall Japan Airlines (JAL), Asia's largest airline by revenues, is expected to file for bankruptcy some time today (19 January) and then the state-backed rescue plan will be announc...
UK Tories back tonnage tax TONNAGE tax in the UK would be retained if Britain's Conservative Party wins power in general elections this year
Transneft weighs pipeline duo RUSSIA'S pipeline operator Transneft has said it is still considering building two Black Sea crude pipelines, to both a Turkish and a Greek port
China coal port shut again CHINA'S biggest port for coal, Qinhuangdao, was reportedly shut today by bad weather
WSC proposes green rules THE WORLD Shipping Council has proposed additions to the IMO's planned carbon design index
Double-duty boxes for Haiti SEA STAR Line said today it is taking earthquake relief a step further by converting relief containers into temporary housing for the homeless of Haiti, which was hit by a 6.1-intensity aftershock today
Union regains $2M in 2009 pay RUSSIA'S seafarers' union said today it clawed back $2M in unpaid wages from 22 shipping companies in the Far East in 2009
KC panamax sold A US private equity player said to be behind the reported purchase of KC Maritime's 11-year-old Darya Radhe.
Aegean in line In stock prospectus, Aegean Marine gives sneak peak of fourth-quarter earnings, which are on track to meet analyst bets.
Founder chased Aegean Marine Petroleum's largest shareholder facing nine administrative actions in Greece for "allegedly sham" bunkering deals.
Future deal flops John Fredriksen's Golden Ocean stung by loss of $150m capesize charter with Singapore's Trustworth Shipping.
Outlook gloomy International Energy Agency forecasts pressure on tanker rates this year as ship supply outstrips demand growth.
Family business Aegean Marine reveals stock offering will help pay for deals with the family of founder Dimitris Melisanidis for a bunkering barge and a Jamaican storage facility.
Handy switch United Ocean sells NYK chartered bulker in $23.5m trade, brokers say.
Price tag unveiled US bunker supplier reveals that Verbeke Bunkering acquisition is costing between $42.2m and $49.4m.
Norden buys three Carsten Mortensen-led Dane splashes out $79m on product tanker trio from Turkey's Dunya Shipping.
Seagirt to grow Ports America signs 50-year lease on Maryland container terminal in a deal that includes expansion plans.
Norden buys three MR tankers from Turkey Dampskibsselskabet Norden has taken advantage of the weak market for product tankers and purchased three modern units from a Turkish owner for USD 79 million. The three MR-type (Medium
Re-opening of ferry service to St. Petersburg A new ferry company, St. Peter Line, is planning to re-open the ferry service between Helsinki and St Petersburg. According to the company's website, the service will be inaugurated
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