Gulf piracy still a major concern: Asian shipowners Asian shipowners have once again reiterated their concerns over the problem of piracy in the Gulf of Aden while also highlighting remaining operational concerns ahead of the imminent implementation of the Ballast Water Convention of 2004.
Philippine port operator to list corp note on SGX AN internationally known Philippine-listed port operator will list its US$250 million corporate note on the Singapore Exchange (SGX) late this month following roadshows in Manila, Singapore and Hong Kong.
Finnish port strike ends after new deal struck Finnish port workers and operators agreed on a new wage deal on Friday, ending a two-week strike that has cost industry 1.5 billion euros (S$2.8 billion) and crippled the Nordic country's exporters. Workers will return to their jobs tomorrow at 0400 GMT at the latest, said Markku Hakala, Labour Market Leader at Finnish Port Operators Association.
Transalpine freight traffic declines Transalpine freight traffic through the Swiss Alps declined massively last year on account of the slump. The railways continued to lose market shares. The Swiss government said thi...
Flemish freight haulage association renamed The freight haulage association SAV, which concentrates on the Flemish part of Belgium, is changing its name to reflect the structural changes taking place in the industry. Instead...
MAN and T-Systems start service initiative for trucks MAN and the German communications service provider T-Systems are to develop MAN's telematics solution together in accordance with a new three-year contract the two partners signed ...
Geodis acquires Ciblex The French logistics group Geodis has acquired Ciblex, France's fourth-ranked groupage operator and a specialist in small parcel express delivery. The takeover adds a parcel soluti...
DHL opens new facility for Sony in Sidney DHL Supply Chain has opened a new purpose-built facility for Sony in Australia. The 20,000 sqm in Erskine Park (Sydney) warehouse was built in six months and will improve efficienc...
CBI International Transport joins AerOceaNetwork The Turkish intermodal transport specialist CBI International Transport recently became a member of the AerOceaNetwork. CBI was established in Istanbul in 1997 and has focused on p...
Austrian post office registers slight sales decline The Austrian post office recorded a 3.5% or EUR 84.4 million drop in sales to EUR 2.4 billion in 2009. The corporation's ebit fell by 11.9% to EUR 149.4 million.
DB said to be considering offer for Arriva The German railway Deutsche Bahn (DB) is said to be assessing an offer for its British competitor Arriva. The Financial Times Germany has said that the deal could be worth up to EU...
British airports handle 10% less cargo in 2009 The British civil aviation authority has reported that total freight tonnage and mail carried from UK airports in 2009 amounted to 2.3 million t, a decrease of 10% vis-'-vis 2008. ...
London Thamesport boosted by new MOL West Africa service The northern loop of the Africa Rainbow service, operated by Mitsui O.S.K Lines (MOL), made its first call at London Thamesport recently. Africa Rainbow's northern loop serves port...
Open sky agreement between USA and Zambia The USA and Zambia have signed an open skies aviation agreement, liberalising air services between the two countries for carriers from both countries. The agreement is the first av...
Belavia to link Minsk with Yekaterinburg The state-owned carrier Belavia Belarusian Airlines will open services on the route between Minsk and Yekaterinburg (Russia) in summer 2010. The flights between the Belarusian capi...
LH Cargo experiences hardest year in corporate history LH Cargo, the airfreight division of the German flag carrier Lufthansa, closed 2009 with an operating loss of EUR 171 million. Sales collapsed by almost a third to around EUR 1.95 ...
Panalpina reorganises its corporate structure Panalpina has restructured its organisation in order to be able to react more flexibly and rapidly to changing market conditions, on the one hand, and to simultaneously be able to ...
Evergreen to increase rates in Europe-Far East trade On 1 April the Taiwanese shipping company Evergreen Line is increasing its rates by USD 250 per container in the trade from Europe and the Mediterranean to the Far East (including ...
STX Europe sounds warnings STX EUROPE of Norway warned today about record cost overruns from a cruise liner project in France
German summit lists options GERMANY'S crisis summit over ship funding has failed to deliver a breakthrough on aid ' but all parties agreed today that this is no dead end
UK coastguards attempt rescue THE SHETLAND coastguards are trying to establish a tow to rescue a general cargo ship stranded in bad weather off Scotland
Oz coal exports in turmoil A WEEK of bad weather and the looming threat of Tropical Cyclone Ului are playing havoc today with Australian coal exports
Kleven storms 2009 NORWAY'S shipbuilder Kleven Maritime told Fairplay today it sailed through 2009 with its best-ever operating profits
Bangladesh strike ends A STRIKE by water transport workers in Bangladesh is over after vessel owners and government authorities agreed to devise a new pay deal for employees
Irish Lights defends director pay IRELAND's government-subsidised lighthouse service Irish Lights today defended the size of its director salaries
Memo to carriers: remember, the customer is always right 'The customer is always right', the slogan arguably penned by the American, Harry Gordon Selfridge [the founder of London's Selfridges store] has been a successful and sustainable mantra for the iconic store since its 1909 opening.
Slow-steaming row brews
Mothballed boxships begin to move
Doing well; but World Bank cautions on China's 'asset bubble'
The Finnish port strike is over The Finnish port strike ended on Friday, March 19, when both parties approved the proposal for a settlement presented by the national conciliator Esa Lonka. The stevedores will return to
Ulstein employees share NOK 40 million bonus The around 800 Ulstein Group employees will share a bonus of more than NOK 40 million for 2009. The yard group increased its profit in 2009 to NOK 520.9
No Indonesia for Camillo Eitzen The Indonesian tanker owner Berlian Laju Tanker, BLT, has withdrawn its offer for Camillo Eitzen & Co, as the parties have failed to establish a mutually binding commitment. The Norwegian tanker
Floatel Superior delivered ' 43 days early Keppel FELS in Singapore has delivered the semisubmersible accommodation rig, Floatel Superior, 43 days early to Floatel International. The Floatel Superior will leave Singapore shortly for Bayu Undan in the
Mærsk wants longer docking intervals A. P. Møller-Mærsk is conducting full-scale tests in order to extend the docking interval from 5 to 7.5 years. The project is a joint one between the
Intermanager slams legislation Shortages of skilled and qualified seafarers could have an immense impact on the global economy and are being exacerbated by the negative impact of crew criminalisation and the escalating problem
Bunkers see double-figure price swings Volatility in the middle of the week, but prices little changed.
Markets following downward trend Weakening conditions across the board see lower bunker prices.
Is LNG the answer? IMO sub-committee on Bulk Liquids and Gases expected to present a provisional agenda on this 'greener' fuel at MEPC 60.
US and Canada joint exercise to improve Arctic spill response Dealing with cross border concerns and possible shoreline impacts.
Prices falling for a second day Market activity 'terribly quiet' in Rotterdam.
New Head of Finance at KPI Bridge Oil Valparaiso Santiago Aravena has more than 'eight years experience in the marine and shipping business'.
Ultrasound will determine hull corrosion after fuel sheen spotted US Coast Guard to review latest data to determine the possible environmental threat of the Princess Kathleen.
Fuel oil prices weaken in Fujairah while distillates firm NYMEX showing losses of more than $2 in early trading.
More fuel oil cargoes for Middle East market Middle East 'still quite tight' say traders.
Closing date for Glencore offer Offer on outstanding Chemoil shares open until mid-April.
Negotiations continue for release of hijacked bunker tanker Sources say talks are likely to be protracted.
MPA rejects charge of 'overcrowding' at bunker anchorage The Special Bunkering Anchorages are highly utilised but not congested, says MPA official.
Bunker trends confused Bunker demand in Singapore was mixed.
Gazprom - gas company or Russia's battering ram? Market capitalization is exceeding $120 billion.
China and the 'deniers' Why climate change issues are problematic for the Chinese.
Slow steaming keeps surplus ships employed OOIL 'saves costs' from slow steaming; reports losses for 2009 due to lower freight rates and demand.
Brightoil acquires second aframax for $52.5 million Move in line with its strategy to expand its vessel fleet.
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