DP World says H1 business jumps 16% at its ports Dubai World's global port operator said on Tuesday that business jumped 16 per cent in the first half of the year as the shipping industry showed signs of life following a severe slump caused by the global downturn.
Attack feared on Japanese tanker in Gulf An explosion, possibly caused by an attack, yesterday damaged an oil tanker near the mouth of the Persian Gulf, Japanese shipping company Mitsui OSK Lines said.
Middle East supertanker surplus falls for 2nd week A surplus of supertankers competing to haul Middle East oil shrank for a second week as owners cut ship speeds and the flow of cargoes from the world's biggest crude-loading region accelerated.
Lufthansa freighter crash lands in Saudi Arabia A Lufthansa freight aircraft, carrying 80 t of cargo, was destroyed after crash-landing on the approach to Riyadh (Saudi Arabia) on 27 July. The pilot and co-pilot were able to lea...
Throughput at French ports at 2006 level Throughput at French ports in 2009 fell to the level recorded in 2006, due to the recent economic recession. Affected companies are therefore finding it additionally difficult...
Wincanton augments container activities in Antwerp Combinant NV has officially inaugurated a new intermodal terminal in the northern section of the port of Antwerp. The European service provider Wincanton has taken on responsibilit...
Harwich international port welcomes support vessel Harwich international port in the UK has welcomed the arrival of "Wind Solution", which recently made its maiden call at the facility. The ship acts as a floating ho...
Aramex Q2 net profit up 10% Aramex, a global logistics and transportation solutions provider, reported net profits of AED 55 million for the three months ending on 30 June 2010. This equates to a 10% increase...
Geodis notes massive increase in H1 sales Geodis, a French transport and logistics corporation based in Clichy near Paris, reported that its interim sales in 2010 amounted to EUR 3.113 billion, 37.1% hi...
Toll Netherlands gains authorised economic operator status Toll Global Forwarding's Netherlands operations have successfully gained authorised economic operator (AEO) accreditation, following extensive vetting for customs compliance, finan...
Hormuz VLCC blast: an attack? A MITSUI OSK Lines VLCC has been damaged and a crew member hurt in a Strait of Hormuz explosion ' which Japan's transit ministry said today might have been "an attack"
Congress rethinks 100% scanning TWO new maritime security bills propose easing America's controversial law on 100% import container scanning at foreign ports
Derivatives dampen DryShips BULKER and drillship operator DryShips has reported improved operating results, but profits were weighed by heavy losses on interest-rate swaps
Senate mulls triple liabilities THE FULL text of the US Senate's new oil spill bill released today revealed a plan to triple liabilities that shipowners face in US courts
Uljanik reports jaded profits ULJANIK, the group that owns Croatia's only profitable government-owned shipyard, Uljanik, has reported reduced profits for 1H 2010
World trade recovery nears IHS GLOBAL Insight today tempered its global trade forecast, although the predicted pace remains highly positive versus last year
Hainan seeks US exemption NEWCOMER Hainan Pan Ocean Shipping of China is seeking an exemption that would enable it to compete in the US trans-Pacific box trade
Stockpile increase surprises markets Oil prices falling as DOE reveals numbers.
Fuel quality review points to future problems A tenth of residual fuels above upcoming 3.50% global sulphur limit, DNVPS data shows.
Prices falling across Europe NYMEX showing further losses in early trading.
Bunker prices soften in Middle East Weak bunker demand in Durban.
Castrol opens technology centre in Shanghai Company says centre shows long-term commitment to China's lubes sector.
Vessel runs out of bunker fuel as it approaches port Ship almost stranded close to breakwater.
CMA CGM newbuild is given environmental rating Containership boasts fuel-saving, innovative technology.
'Deadliest Catch' vessel puts emphasis on 'Going Green' Fishing vessel featured in Discovery Channel TV show cuts emissions and fuel use with technology from EcoEmissions.
Mid-week dip for IFO prices Weak demand for bunker material at most key Asian ports.
New tax for China's imported fuel oil Water content will not be deducted when declaring weight at customs.
Brightoil to resume MGO deliveries from Shenzhen Will begin delivering MGO around August 10, says company source.
Titan settles $209.49 million notes exchange Third time lucky for the group after lowering the minimum tender condition.
Bunkering operations still on hold after pipeline explosion Work ongoing to solve contamination problem at affected dock in Dalian's Xingang harbour.
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