4 supertankers join Iran fleet of crude storing vessels Iran, Opec's second-biggest oil producer, added four supertankers to its fleet of vessels storing crude, taking the total to 11 after two others set sail, ship tracking data show.
Vopak Horizon Fujairah expands in UAE With the growing demand and development of a refining centre in the Middle East region, the port of Fujairah in the United Arab Emirates is steadily evolving from a regional&n...
US army plumps for Anham in the Middle East The US army has changed its logistics service provider in the Middle East. The US Defence Logistics Agency awarded a new 18-month contract to Anham LLC, based in Dubai (U...
DB Schenker terminal in Salzburg starts operations The most modern forwarding terminal in DB Schenker's European land transport network has opened in Bergheim, near Salzburg (Austria). Around EUR 26 million was invested in the term...
European air traffic beginning to normalise Europe's aviation industry is not being threatened by new emissions of volcanic ash from Iceland for the time being. On Wednesday morning the meteorological institute ...
Geisseler Transport AG adapts organisation structure Geisseler Transport AG, a specialist for chilled and perishable logistics based in Pratteln near Basel (Switzerland), installed Marcel L'ubli as its operations manager on 1 April. ...
Cebu Pacific Air orders seven more A320s Manila-based Cebu Pacific Air, which considers itself to be the Philippine's second flag carrier, has placed a firm order with Airbus for seven more A320 aircraft. The latest contr...
Tomsk airport gets international status The airport at the Siberian city of Tomsk, situated 200 km north of Novosibirsk (Russia), has been opened for international flights. The government of the Russian Federation approv...
Evergreen and Coscon to split ESA service To meet market demands, Evergreen Line and Coscon will divide the existing Far East and South Africa/ East Coast South American (ESA) service, which is operated jointly by both car...
Port of Felixstowe welcomes first cranes for Felixstowe South Terminal The port of Felixstowe (UK) has taken delivery of the first shipment of rubber-tyred gantry cranes (RTGs) from ZPMC for its new Felixstowe South Terminal. The brand-new 'eco-RTGs' ...
CKYH Alliance with "green" ambitions The CKYH Alliance (Cosco, K Line, Yang Ming, and Hanjin Shipping) held its 2010 summit meeting in Zhenjiang (China) on 15 April. The members, all fully aware of the severe challeng...
USCG persists as rig burns CALM SEAS and warm water have given US Coast Guard officials hope that crew members missing after Tuesday's oil rig explosion in the US Gulf might still be alive
Cruise ships help UK tourists MORE THAN two thousand stranded British tourists set sail from Spain today aboard the Celebrity Eclipse cruise ship
Galp volumes no longer 'horrible' PORTUGUESE oil company Galp today reported rocketing trading figures for the first quarter of the year
Nordic seeks $41M in share sale DENMARK'S Nordic Tankers today said it is trying to raise $41M through a rights issue to pay for operations and investments
Rocket strikes Aqaba port A MILITANT rocket hit a warehouse at Jordan's Aqaba port today
Trade credit drought persists A SURVEY by the International Chamber of Commerce has revealed ongoing hurdles and cost constraints impairing global trade finance
Swedish Club shuffles reinsurance THE SWEDISH Club has put in place new reinsurance arrangements in a bid to reduce costs
Profits slide at CMB Antwerp-based parent of Bocimar sees profits shrink in the first quarter amid rate rally in drybulk sector.
Flotilla swarms sunken rig Fire on Transocean's offshore oil rig Deepwater Horizon is extinguished during sinking as salvage vessels rush to contain oil spill.
Norden sees storm abating Chairman Mogens Hugo in upbeat mood as he predicts Danish owner set fair for growth.
Transocean braces for impact Fire fighters battle blaze in US Gulf while offshore owner gears up for financial fallout following drill rig explosion.
China Cosco slumps to loss Bulker and boxship wing of Cosco group blames waning freight rates and overcapacity for $1.1bn reverse.
Tax win lifts Grieg profit Camilla Grieg-led bulker owner post NOK1bn profit on tax rebate and booming consolidated revenues.
CSC Phoenix crashes to earth Chinese bulker owner slides to loss in 2009, but narrows deficit in first quarter this year.
'We will blow up Samho Dream' Pirates issue fiery threat if $20m ransom is not paid for release of hijacked Korean VLCC.
Deep Sea fixes four in Russia Gazflot takes quartet of John Fredriksen-controlled anchor-handlers for up to 175 days in Sakhalin.
Antwerp port volumes rebound Key Belgian terminal posts 12.7% jump in cargoes through first quarter.
GSI grows as steel bill falls Hong Kong-listed Chinese shipbuilder pushes up first quarter profit as costs fall.
All Leisure counts the cost UK cruiseship operator says ash-related disruption means a '1.25m hit for the accounts.
New zip for Zeeland Dutch ports group "extremely pleased" by 15% volume jump in first quarter.
Nordic offers share sale bargain Danish tanker owner backed by shareholder Clipper as it seeks cash to drive consolidation in chemical tankers.
Colossal loss for CSCL China Shipping Group's containership operation racks up $951m deficit in dire 2009.
'Lumpy seas' halt Shen Neng port call Tug lines broken in failed attempt to haul battered Chinese bulker to Australian port of Gladstone.
Safmarine crewman scalded Accident probe reveals incident involving very hot water on Safmarine Nuba alongside in Rotterdam.
14 missing after ship capsizes Thirteen people rescued following sinking of Chinese vessel at Shuibuya as search goes on for other survivors.
Samsung books a dozen South Korean shipbuilder secures order for nine aframaxes plus three options from Greek owner.
HHI bags record profit No sign of economic blues at Hyundai Heavy which posts huge first-quarter figures as costs fall.
Tug and barge recovered Shipowner confirms that both vessels have been recovered, but no word if they were hijacked.
Marinette wins research ship order US yard beats rival Halter Marine to government contract worth $74m.
TNK set to pay out more Shareholders in Teekay spin-off Teekay Tankers can expect a higher dividend in the first quarter.
DryShips ups notes offering George Economou's US-listed dry bulk outfit lifts convertible notes offering almost 50% to $220m.
Biodiesel now fueling BC Ferries fleet Working alongside Chevron to ensure vessel operations are not compromised.
Prices little changed in bunker hub No clear trend across European bunker markets on Thursday.
Bunker markets mixed as crude softens Fujairah firmer after cargo gains.
Surging inventories have limited impact Crude and products market looks to be ahead of itself.
Kittiwake providing lube oil analysis Independent service will have 'extremely fast' turnaround times.
Container freight makes 'dramatic recovery' Antwerp says container volumes close to pre-recession levels.
No fresh bunker leaks from damaged bulker Attempts to bring Shen Neng 1 into the Australian port of Gladstone are temporarily abandoned.
Prices continue to rise at key ports Japanese oil majors taking last orders around April 23 before the Golden Week holidays next week.
CMA CGM takes delivery of 'eco' container-carrier 8,500 TEU container ship can sail at 'super eco-speed'
Singapore fuel oil stocks at a fresh high Middle distillate stocks rise to 11-week high.
Brightoil starts sale of MGO in Shenzhen Bonded MGO demand to increase over the next few months.
Fewer pirate attacks recorded in Q1 67 piracy incidents reported in first quarter of 2010, with Somali pirates responsible for more than half.
Chinese bulker moving to Gladstone port Ship that damaged the Great Barrier Reef expected to arrive at the port on Thursday.
China to see 22% or higher annual increase of bonded bunker consumption during 2010-2014 Demand predicted to jump 270% by 2014, compared to 2009 levels.
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