Hijacked M'sian tug and barge recovered The Philippine Coast Guard says it has recovered a hijacked Malaysian-registered tug and the barge it was towing.
Militzer & Münch steps up collaboration with Balnak The international transport and logistics service provider Militzer & Münch, based in St Gallen (Switzerland), is reinforcing its position as a specialist for Eurasia...
DB Schenker expects to see growth in 2010 DB Schenker, which styles itself the world's second largest transport and logistics corporation, considers the recession to be over. "We are over the worst of the...
Panalpina and Cargill renew collaboration After a successful sugar harvest in 2009, when the Swiss service provider Panalpina moved approximately 5,000 teu for Cargill Sugar Division, the latter has renewed the c...
Lufthansa names its first A380 Germany's flag carrier Lufthansa has just taken delivery of its first Airbus A380. It is the second European airline after Air France to operate the gigantic aircraft. Lufthansa's ...
Zurich cargo hub celebrates tenth anniversary In the presence of around 200 guests from political and industrial circles, Cargologic AG, Flughafen Zürich AG and Swiss International Air Lines celebrated the tenth a...
Lima declares strike emergency PERU'S government has suspended constitutional rights in an effort to end strikes at its largest port, IHS Global Insight reported today
Iran sanctions said to hit ships A NEW SET of draft UN sanctions against Iran reportedly includes plans to step up inspections of Iranian ships suspected of carrying nuclear material
Croatia receives yard bids THE CROATIAN government has confirmed that it has received four serious bids for three of its loss-making shipyards, IHS Global Insight reported today
Wilson Sons admits defeat THE CHIEF Financial Officer of Brazil's Wilson Sons has admitted the company is set to lose out in the latest round of bids to renew the Petrobras offshore supply fleet
Star Bulk sinks to losses STAR BULK Carriers has blamed first quarter losses of $33M on lower charter rates and decreased amortisation of timecharters
Strike surcharge angers exporters THE ORGANISATION representing South Africa's fresh fruit exporters has called on its members to reject a Maersk Line surcharge imposed today in the wake of port strikes
Dubai World deal gains support THE MAJORITY of Dubai World's financial creditors have agreed in principle to the terms of the $23.5Bn restructuring deal
Offshore drilling under attack US regulatory overhaul could have far reaching implications for the offshore sector, Tidewater chief executive Dean Taylor says.
Euroseas entangled in legal 'beef' Gulf Coast agricultural inspector sues Aristides Pittas-led shipping outfit over alleged slip and fall scrapes.
Star Bulk grabs the spotlight Shipping analysts say Star Bulk Carriers is set to shine as Akis Tsirigakis-led bulker player prepares to take-on tonnage.
Sleepy pilot blamed for grounding Report urges Norwegian authorities to ensure pilots get enough rest following Crete Cement accident in 2008.
SFI saved by ship sales Frontline shipowning spin-off posts increased first quarter profit due to offloading of assets.
Offshore slump stings Tidewater New York-listed owner's fourth quarter profit battered as revenue retreats.
Asian yards guilty of 'dumping' prices Germany comes out fighting as "ruinous price war" adds to slump in new orders.
HHI scraps KSP takeover Korean shipbuilder drops plan to bid for domestic ship engine parts maker.
MISC tanker sold to Waruna Malaysian owner offloads product tanker to expanding Indonesian, the second deal between the companies this year.
Zhong Xing not leaking oil Australian authorities alleviate slick fears from Chinese cargoship that hit reef off PNG.
'Most wanted' pirate nabbed Man said to be responsible for dozens of hijackings and wanted by US arrested in Somalia.
Losses intensify at Newlead Impairment charges and rising costs send Michael Zolotas and Nick Fistes-controlled owner deeper into the red in the first quarter.
Oceaneering International in pole New York-listed owner closes in on $16.5m Deep Marine Technology vessel.
Fastnet off to a flier UK-Ireland ferry start up doubles expected passenger numbers in April.
Hallin pens $110m newbuilding UK owner signs up for compact semi-submersible at Drydocks World five years after project began.
Greek bulker hits Canal bridge Altantic Hero crashes into protective structure at base of Bridge of the Americas in Panama.
Shinwa buys Nippon Steel Shipping Tokyo-listed owner will double the size of its dry-cargo operation after snapping up compatriot in an all shares deal.
Tanker rates trounce Torm Jacob Meldgaard-led Dane scrapes small profit in first quarter as full-year deficit heads towards $60m.
MOL VLGC enters lay-up Japanese giant idles the Hisui only months after it entered service, becoming second big player to remove ships from the market.
Grindrod expands bunker business South African shipping and transport group acquires Rotterdam's Associated Bunker Oil Contractors.
Globus ties up newbuilds George Karageorgiou-led bulker owner secures charters for two recently acquired supramax bulkers.
Yard worker's arm mangled Employee's limb seriously injured after becoming stuck in machinery at Moran Shipyard in US.
Mipo brings backlog to 228 ships Korean shipbuilder has won new orders valued at $1.25bn already this year.
17 missing in PNG ferry sinking At least one passenger dies after overloaded ship capsizes off north-east coast.
Scomi makes strong start Malaysian coal barge and offshore vessel operator sees profits more than double despite revenue decline.
Losses deteriorate at Asimar Thai shipyard group in poor start to 2010 as decline in repair work pushes it further into the red.
Halter fined over yard deaths US authorities rap shipbuilder for "willfully" sending workers into dangerous working environment.
Atlantic 3 found in Mindanao Philippine authorities have recovered a tug and barge that went missing off Batam last month.
Petrobras could delay share sale Brazilian oil and shipping giant to watch equity markets carefully as it prepares huge issue.
Wind back in service after major refit DBB Jack Up's A/S (Dansk Bjergning & Bugser) has taken delivery of the wind turbine service vessel Wind after a 5-month major rebuild at Orskov Yard in Frederikshavn
New international campaign calls for action against piracy A broad coalition of organisations have joined forces in a new international anti-piracy campaign. They are demanding concrete action to end the Somalia-based piracy. Under the slogan "Enough
Nordic unions say no to Swedish second register At its congress held in Bergen, the Nordic Transport Workers' Federation, NTF, which organises 50 transport unions in Denmark, Finland, Norway and Sweden, has agreed on a statement that is
Six pirates sentenced to death by Yemeni court A Yemeni court has sentenced six Somali pirates to death and jailed six others for the hijacking of a product tanker in April last year. The pirates were found guilty
Two seized vessels appear off the Somali coast The Bulgarian-flagged chemical tanker Panega, which was hijacked in the Gulf of Aden some 100 nautical miles east of Aden, Yemen, on May 11 has anchored in the vicinity
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