Iran added to high-risk list London's marine insurance market has added Iran to a list of areas deemed as high risk ahead of possible US-backed sanctions, the Lloyd's Market Association (LMA) said on Monday.
Strait Talk
Overcapacity still the big problem AS ASIA-Pacific Maritime 2010 gets underway here today at the Singapore Expo, there is a definite feeling that the worst of the downturn may be over.
Iran added to high-risk list London's marine insurance market has added Iran to a list of areas deemed as high risk ahead of possible US-backed sanctions, the Lloyd's Market Association (LMA) said on Monday.
Strait Talk
Overcapacity still the big problem AS ASIA-Pacific Maritime 2010 gets underway here today at the Singapore Expo, there is a definite feeling that the worst of the downturn may be over.
P&O Ferrymasters appoints new commercial director. The European logistics provider P&O Ferrymasters has appointed Phillip Jones as its new commercial director. Jones will be responsible for the company's commercial strategy, in...
Forth Ports sees improvement in 2010 results Forth Ports, the UK's third largest port operator, reported that its underlying profits for 2009 were down by 8.5% to GBP 33.2 million. In contrast trading in the first two months ...
New home and new look for Woodland Group The Essex (UK)-based logistics service provider Woodland Group has completed its move into new headquarters in Chelmsford and has also unveiled a new corporate identity. The group ...
F.S. Mackenzie with new office in Novorossiysk The independent freight forwarder F.S. Mackenzie has opened an office at the Black Sea port of Novorossiysk - its fifth in Russia. This brings the number of F.S.Mack...
DPD opens new depot in Luxembourg DPD recently opened a new depot in Bettemburg (Luxembourg). The premises, which replace a former depot in Howald, will serve the Duchy of Luxembourg and the Belgian province t...
24plus partner Ritter Logistik to purchase three hybrid HGVs Ritter Logistik GmbH, based in Langenhagen (Germany), a member of the general cargo alliance 24plus, has placed an order for three diesel-electric Atego Bluetec Hybrid...
Grandi Navi Veloci and Corsica Sardinia Ferries seal alliance The Italian shipping lines Grandi Navi Veloci (GNV) and Corsica Sardinia Ferries have formed another alliance which is said to offer great potential future synergies far ...
LOT Cargo augments freight business The Polish airline LOT Cargo has launched a new full-freighter service from Warsaw (Poland) to Minsk, the capital of Belarus. This follows on from the inauguration of ...
Abu Dhabi international airport: February cargo traffic up 17.6% Abu Dhabi Airports Company (ADAC) has released its monthly traffic report for Abu Dhabi international airport (UAE). The figures indicate strong passenger and cargo growth for Febr...
Dubai international airport headed for strong first quarter Dubai international airport expects to see strong growth in the first quarter of 2009. The operator Dubai Airports reported double-digit growth in both passenge...
European Liner Affairs Association to close down At a meeting held in Taipei on 17 March the carrier members of the European Liner Affairs Association (ELAA) decided to close the association down on 1 July 2010. According to Chri...
Fuel costs hit Carnival profits CARNIVAL Corp has blamed high fuel prices for a 33% year-on-year fall in first quarter profits
Reefer seized off Oman A VIRGIN-Islands owned reefer ship has been seized in the Gulf of Aden in the second pirate hijacking in a day, EU NAVFOR reported today
Exporters raise capacity concerns CANADIAN exporters and freight forwarders say a shortage of container capacity is causing freight rates to rise and threatening exports
Pirates hijack bulker PIRATES have hijacked a Turkish bulker about 1000 n-miles from the coast of Somalia, EU NAVFOR told Fairplay today
Russia to sell Arctic contracts RUSSIA is on the verge of selling the licences for two large oilfields in the Arctic Circle, IHS Global Insight reported today
Newbuilds face CO2 hurdle SLASHING shipping's carbon emissions 20% by 2020 may require newbuild emissions to be reduced by 80%, the Connecticut Maritime Association conference has heard
Greek lending falls BANK loans to Greek shipowners decreased in 2009 for the first time in almost a decade, a Greek ship finance analyst said today
Maersk opens direct service to Russia Maersk Line had high-ranking participants in St Petersburg this week at the grand opening of the first direct container service between South America and Russia. Russian Prime Minister Vladimir
Owners fear rate drop The return of idle capacity and an increase in the level of newbuilding deliveries over the first four months of the year will add an estimated 785,000 TEU of new
Liberia follows Mærsk The Liberian Registry has developed a pilot scheme to extend compulsory dry-docking intervals to 7.5-year intervals to help provide the flexibility urgently required by shipowners and operators
Port of Göteborg lowers port tariff The Port of Göteborg adjusts the port tariff for a period of twelve months beginning on April 1. The decision means a temporary 20 per cent reduction in the port
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