Cargotec looks to future with new $20m facility Even though flat growth is expected in the year ahead, cargo-handling solutions provider Cargotec is positioning itself for the future with a new $20 million 17,721 sq m facility at the recently rebranded Tukang Innovation Park.
New UPS hub in Calgary UPS has officially opened a distribution centre at Calgary international airport (YYC). The state-of-the-art hub will provide businesses with direct access to the US and to interna...
DB Schenker opens new Lienz office DB Schenker recently opened a new branch office in the Peggetz industrial estate in Lienz (Austria). The centre covers 3,500 sqm and the logistics facilities approximately 800 sqm....
Kuehne + Nagel expanding wine and spirits activities Concha Y Toro, a leading Latin American wine producer and exporter and one of the ten largest wine companies in the world, has expanded its long-term partnership with Kuehne + Nage...
Ireland's Hannon Transport receives ten new refrigerated trailers Schmitz Cargobull has supplied ten new refrigerated trailers to Ireland's Hannon Transport company. The trailers are the latest additions to Hannon's trailer fleet, which encompass...
Rail Cargo Austria looking for future financial partner Rail Cargo Austria (RCA), a freight subsidiary of the Austrian federal railway 'BB, has denied reports that it is offering 25% of its shares for sale. RCA is thinking about such a ...
Hapag-Lloyd increasing rates Hapag-Lloyd is increasing some rates on 1 April. Rates from northern Europe to Latin America will rise by EUR 250/teu, those from Latin America to the Mediterranean and Africa by U...
Günter Weber of Loxx turns 60 Günter Weber, managing shareholder of the logistics enterprise Loxx, will be celebrating his 60th birthday on 27 February. The qualified freight forwarder, who completed his appren...
NYK and Mitsubishi collaborating to reduce CO2 emissions NYK and Mitsubishi Heavy Industries are to begin experiments on an air-lubrication system to reduce CO2 emissions during marine transport. The system, which has been jointly develo...
SeaFrance ready for new start The ferry shipping line SeaFrance, a subsidiary of the state-owned railway company SNCF that operates services between the ports of Calais (France) and Dover (England), has been in...
Baltic Trading buys fleet THE IPO of Genco spin-off Baltic Trading is one step closer to launch with today's announcement that the initial fleet has been purchased
Truckers: court war costs port A LAWSUIT'S long duration is making Port of Los Angeles less competitive than Long Beach's nearby port, according to litigant trucking companies
Constanta yard worker killed A WORKER at Romania's Constanta yard was killed today died, reportedly from carbon dioxide poisoning
EU backs Iceland accession talks THE EU has recommended the start of formal accession talks for Iceland, IHS Global Insight reported today
Baltic IPO grows Spin-off of Peter Georgiopoulos' Genco Shipping lifts initial public offering to nearly $300m.
TMM tanks Mexico City-based tanker and offshore vessel owner Grupo TMM posts a loss in 2009 but reports a gain in annual operating income.
Baltic buys six Peter Georgiopoulos' Genco spin-off Baltic Trading shells out $284m on two capesizes and supramax quartet.
Seismic bet CGG Veritas speeds up its fleet restructuring plan based on expectations of increased demand for advanced vessels and a recovery in the seismic sector.
Search over In incident featured in this week's "Casualty file", search for crew member who fell from the Japanese-controlled Pacific Venus comes up empty.
'Slow at best' Randy Effendi's Samudera is downbeat on the prospects of a liner market revival.
Dacha denial Former Sovcomflot chief Dmitry Skarga tells court he had another way of pleasing his wife rather than doing dodgy property deal for family home.
Hurry up! STX Europe urges Finland to make quick decision about whether to build new icebreaker at its Helsinki yard.
Back in black Malaysian liner player PDZ slashes operating costs and loss-making services to return to profit in first half.
Deep Sea falls John Fredriksen-related Deep Sea Supply's profit slips on weaker North Sea spot market.
Barge battle Dennis Ling's Hubline says it is facing a claim for $1.2m following a crash off Singapore.
Double delay Wilson says its newbuilding programmes at two Chinese yards have been held up by at least six months.
VLGC torched MOL sends 'for-sale' gas carrier for demolition in China, it is claimed.
Hamburg hit Tokyo Marine tanker and German cargoship damaged in collision in southern Elbe.
Excel springs back Gabriel Panayotides-led bulker owner returns to profit after impairment blighted 2008 fourth quarter.
Captain charged Tongan master of tragic Princess Ashika ferry faces five counts of knowingly sailing unseaworthy vessel.
Back in black After costly end to previous year US-listed dry bulk owner Genco returns to profit in the fourth quarter of 2009.
Dividend wait Simeon Palios-led Diana may not restore its dividend until 2011, if at all, analyst says.
Siem brighter Kristian Siem-led shipowner tips improvement in the anchor handler market as it returns to profitability in the fourth quarter.
Gulfmark lower US-listed offshore vessel operator ends year with a loss as revenues weakened and costs grew.
Cape identity Akis Tsirigakis-led Star Bulk Carriers being linked to purchase of Danish owner Norden's former capesize Nord Kraft.
Aegean inches up Profits at Nikolas Tavlarios-led bunker player inch up just under 5% from a year ago, but revenues surge.
Genmar turns red One-off impairment charges push US-listed tanker owner to a $53m loss in the fourth quarter.
US boost Australian shipbuilder's Alabama yard made more money in second half of 2009, despite overall fall for group.
Vancouver down Despite rises in grain, petroleum and specialty crops Canadian port sees decline in annual volumes.
Norwegian owner to search for missing Air France plane The Norwegian shipping company Seabed AS will soon begin the search for the missing Air France plane that crashed into the waters off Brazil on June 1 last year, with
No loans to German KG companies The German government will not offer any state loan guarantees for the country's struggling KG companies. The companies seek to fund boxship newbuildings worth USD 36,8 billion, placed at South
Emissions monitoring system first of its kind Providing real-time emissions data from multiple smokestacks will help shipowners meet ECA requirements, says W R Systems.
Rotterdam and Hamburg show small gains Prices lack direction in Southern Europe.
Prices show little movement Good avails of all grades in Suez.
Supplier opens office in Miami C.I. International Fuels says it wants closer ties with its customers.
Applied Weather Technology opens London office Response to growing demand from companies seeking ways to enhance safety and reduce fuel consumption.
Singapore authorities allow Chemoil acquisition Competition Commission says deal does not infringe any prohibitions.
Chemoil's annual profits slump But retail sales are up and Q4 results back in profit after the losses seen in Q3.
Bunkers firm, loading congestion reported Earliest delivery in Singapore from March 3 onwards.
Singapore residual fuel stocks at 10-week high Western fuel oil cargoes continue to flood the market.
Ecospec: ABS verifies CSNOx capabilities 'No need' for vessel owners to convert to distillates to meet emission requirements, says Singapore scrubber firm.
Lanka IOC enters bonded lubes market Secured permission to use 'bonded warehouse' at Colombo and has made first tax-free deliveries.
What is the best source of contacts for new delivery contracts and deals?
Aegean 2009 bunker sales volume climbs 19% Full year net profit also up 21.6% from a year ago.
Singapore corruption case adjourned Former Chevron employee facing corruption charges will be back in court next month.
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