Several cities vying to host next America's Cup America's Cup champion Larry Ellison said that San Francisco was his first choice for the next regatta - but quickly added that it was not guaranteed to host an event that will provide a significant boost to the host city's economy.
CAT Logistics opens logistics centre near Lyon CAT Logistics, a member of the CAT group, is reinforcing its presence in the Rh'ne-Alpes region in France. The logistics service provider has phased in a new 20,000 sqm logist...
Esprit and Fiege strengthen their ties The fashion clothing retailer Esprit and the Fiege Group, a logistics service provider based in Greven (Germany), recently inked a pact to intensify their year-long cooperatio...
Choice Logistics opens new hub in Dubai Choice Logistics, a global leader in highly optimized, flexible, mission-critical service parts logistics systems, has set up a regional hub in Dubai (UAE), which will serve a...
TransRussia 2010 in Moscow, 27-30 April The 15th edition of TransRussia, the largest international transport event in Russia and its neighbouring countries, is taking place in Moscow from 27-30 April 2010. T...
Corrigendum: Hans-Wilhelm Dünner's 60th birthday An unfortunate error crept into yesterday's article about Hans-Wilhelm Dünner's 60th birthday. The person who was able to blow out 60 candles was not Hans Dürrer, it w...
DHL Freight Germany gets new CEO DHL Freight, the division of Deutsche Post DHL that is responsible for the international road business, appointed Stefan Paul as its new managing director for Germany on 1 February...
Irish Continental Group opts for Gottwald The German crane manufacturer Gottwald Port Technology (Gottwald) recently received an order for a new mobile harbour crane from the Irish Continental Group (ICG). The equipme...
Port of Hamburg: Elbe dredging costs rising sharply The government of Hamburg (Germany) has reported that the cost to dredge the River Elbe's fairway is rising. The senate confirmed that the city state will have to pay EUR 35 millio...
Port-au-Prince reopens for scheduled flights Five and a half weeks after the disastrous earthquake in Haiti in 12 January, the airport that serves the capital Port-au-Prince is reopening for scheduled flights today ...
Durban's new airport get name The South African airport operator Airports Company South Africa has announced that the new airport in Durban will be named after King Shaka, a Zulu monarch. King Shaka intern...
US airlines scramble to get Tokyo routes American Airlines (AA) and Delta Airlines (DL) joined United Airlines, Continental Airlines and Hawaiian Airlines in applying to serve Japan's Tokyo Haneda airport (HND)....
LH Cargo pilots to down tools The German union Cockpit, which represents the interests of 8,200 cockpit staff, has announced that around 94% of the Lufthansa and Germanwings pilots who can vote, are in favour o...
Paris to hold refinery talks THE FRENCH government today urged Total Oil to resolve its labour trauma and planned talks with the group this weekend
Falklands drilling this weekend AS A DRILLING rig arrived today in the islands, the Falklands Legislative Assembly reportedly promised that oil exploration would "commence as planned"
BDI gains on Chinese surge SPECULATION about a surge in Chinese demand for coal and iron ore after the weeklong Chinese New Year holiday has lifted the BDI for the third day in a row
Kremlin backs growing yards UNITED Shipbuilding Corp's CEO Roman Trotsenko has said Russia's yards recorded 62% growth in 2009
Petrobras begins importing fuel BRAZIL'S government-run oil company Petrobras has imported almost 1.2M barrels of gasoline this month, IHS Global Insight reported today
Manila to start bulk surveys MANILA plans next month to begin surveying and clearing bulk cargoes at ports of discharge
Fortescue profits dive 94% FORTESCUE Metals has reported a 94% dive in profits for its first half
Gung ho fat choy: The Chinese New Year 4707 promises much One sixth of the planet's population is currently celebrating the Chinese Lunar New Year - the Year of the Tiger. Beginning on Valentine's Day [February 14] and corresponding with the new black moon, the 15-day festival is a late starter this year; nonetheless the big cat intends to hit the ground running to perpetuate the global growth revival.
Green fuel legislation a 'huge challenge'
CMA CGM back in headlines
UN climate change chief resigns
Port of Montreal receives more government infrastructure funding
Frightening lesson Chip and LNG carriers are first to the scene after a tall ship with 64 students and teachers sinks off Brazil.
Fine levied US judge upholds Fleet Management's plea agreement in criminal case over Cosco Busan spill.
Demo doom Broker says demo prices are inflated and owners should brace themselves for a slide in scrap values.
Good for tankers Total refinery strike could be a positive for crude tanker owners by boosting congestion, analyst says.
Two speed scrap Big challenges lie ahead for many ship recycling yards as new convention kicks in, says GL's Gramann.
Dredgers sought Florida's Port Manatee seeking bids for dredging for 12.5 metre depth in $200m expansion plan.
Looking abroad Dahlman Rose analyst says Petrobras may consider taking internationally built units for massive rig and drillship tenders.
Buyers' blues New recycling convention pushed cash buyers 'off the hook'.
Dry-bulk boost Stephens analyst upgrades three US-listed bulker stocks on expectations of "meaningful upside" ahead.
Recycling blow War of words as heat turns up on efforts to get new ship recycling convention ratified.
Hijack warning Ships vulnerable to possible surge in Somali pirate attacks after monsoon period, NATO warns.
Pressure point Campaigner says ship recyclers can afford to improve yard standards from pocketing profits.
All washed up Carnage off Lagos as storm grounds 16 veteran tankers and cargoships in Takwa Bay.
Wet to dry Korea's Hanjin Heavy accepts owner's request to switch three-ship tanker order to bulkers.
Ship sought US businessman Erik Hultkrantz looking for vessel to restart Maine to Nova Scotia ferry run.
Nothing fishy Norwegian authorities let a Russian fish carrier off the hook after master interrogated.
Humpuss thaw Setback for Spyros Polemis as freezing order against Humpass for charter hire defaults is cut by $15m.
Doulos denied South Africa refuses to let world's oldest passengership begin new life in Port Elizabeth.
Eidesvik happy Green Reefers CEO Troil Eidesvik content with NOK 2m yield from subsequent offering despite many of the shares remaining unsold.
New5 in Numb3rs Sammy Ofer's returning ships to the North of England, Evangelos Marinakis plans another US float and Hyundai Heavy's huge orderbook has less than two years to run.
Drillship drop Analyst cuts 2011 earnings outlook for DryShips due to softening of drillship market.
Stack shrinks Seacor's Gulf of Mexico lay-up list was cut in the fourth quarter as it handed back chartered tonnage.
It's quotes time There's plenty of argy bargy down at the Falklands and there's no neighbourly love at the Sovcomflot trial.
Dockwise down Profit and revenue dipped in 2009 for Dutch heavy-lift group in subdued markets.
Divi dashed Stolt-Nielsen opts against full-year dividend pending evidence of a sustained market recovery.
Volgaflot signs Russian owner continues fleet renewal with order for 10 mini-bulkers at Okskaya and Nevsky shipyards.
Glory 'not free' Zodiac denies reports that its hijacked car carrier Asian Glory has been released by pirates.
Finnish smash Euroafrica and Norresundby cargoships damaged in collision off coast of Finland.
Seacor ahead New York-listed shipowner's fourth quarter profit takes a dive but its numbers are ahead of analysts' forecasts.
Futures bright Herman Michelet-led derivatives player Imarex posts best ever pre-tax earnings in 2009.
Filipino rescued Crewman found "disoriented" in cabin after suspected stroke rescued from Cido ship off Alaska.
Bonheur buoyant Fred Olsen tanker, offshore and cruise owner posts higher profit despite slumping suezmax value.
NWS falls Russian river-sea specialist sees freight volumes drop 16% in 2009, but
2010 ' a year for those with cash in their pockets The shipping accountant and adviser Moore Stephens predicts that 2010 "will be a good year for anyone in the shipping industry with cash and access to finance", despite the pressure
Icebreakers remain in port for this season The three Danish icebreakers are most likely to stay in port this winter season. The Danish Naval Command has estimated that the ice in Danish waters will not cause any
Fleet Management ordered to pay $10 million US Department of Justice also orders the implementation of a compliance plan to heighten training when engaged in US trade.
End of week sees mostly firming prices Fundamentals keeping pressure on bunker markets.
'Huge' technical challenge of meeting greener fuel regulation Complex changeovers, minimal experience, bad fuel and management could increase opportunity for errors, warns expert in transport.
Market analysis: Rotterdam retains price advantage Sales were down in 2009 but the port has the best value bunkers.
Prices firm in Rotterdam, Hamburg Piraeus customs strike may end earlier than expected.
Shippers to see increased levy following major bunker spill Australia announces changes to Protection of the Sea Levy, proposal on international liability limit submitted to MEPC 60.
CEPSA Marine Fuels changes image Says new corporate image will help company 'consolidate its international presence'.
Stone Oil offers new Gulf gasoil/lubricant service Local player has a new barge and no barge fee for lubricants to better meet customer needs.
Durban runs out of fuel oil Mixed bunker prices in Middle East and Africa on Friday.
Opinions split on effect of ISO 8217 revision Supplier calls for 11th hour changes, testing agencies play down risk of more quality disputes.
PSO buys March HSFO cargoes, LSFO cargo rejected Cargo from Middle East trader said to have failed sulphur tests.
Divisions over proposed ISO 8217 changes Call for ISO 8217 Working Group to take suppliers' concerns into account.
Bunker demand dull, prices mixed Product availability healthy across the main Asian bunkering ports.
Relocation of Petrosummit office in Singapore The company in Singapore will close on February 19 for the relocation.
- 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