Baltic index surges on China demand The Baltic Exchange's main sea freight index was pushed up on Tuesday, after Chinese demand picked up following the end of last week's holiday, traders said.
Mideast VLCC oversupply worsens to 28% The surplus of supertankers competing for cargoes of Middle East oil expanded, hurting owners' efforts to pull the market out of its longest run of losses for at least two years.
Shipping Corp to sell 20% of shares State-run Shipping Corp of India could launch its follow-on share sale for a 20 per cent equity stake before December, the managing director said on Tuesday.
BLG and Ziegler (Schweiz) AG compliant with ISO 14001 standard BLG Basler Lagerhaus- und Speditionsgesellschaft (BLG), a Swiss forwarding company based in Basel and its sister company Ziegler (Schweiz) AG, both members of the Belgian Zieg...
Dachser continues to invest in Germany The global logistics service provider Dachser is investing around EUR 14 million in extending its Alsdorf branch in Germany. By July 2011 the site will have almost doubled in size ...
Agility acts as exclusive forwarder for Gunnebo in China The logistics service provider Agility has been appointed by Gunnebo, a security solutions specialist, as the exclusive forwarder for all its transport flows from China to Europe. ...
Hutchison has big plans for the port of Barcelona The terminals at the port of Barcelona (Spain) only handled a total of 1.8 million teu last year, 29% less than in boom year 2008. Nevertheless, the terminal operator Tercat Hutchi...
Magna's top manager transferring to Russian Machines Siegfried Wolf, co-chief executive officer of the Austro-Canadian automobile supplier Magna, is transferring to Russia. Wolf will become chairman of the supervisory board of the Ru...
ESC welcomes proposals to eliminate anti-trust immunity for carriers in the US The European Shippers' Council (ESC) has welcomed the US Shipping Act of 2010, which was introduced by Congressman Jim Oberstar. The act proposes to eliminate antitrust immuni...
NYK: new Hong Kong-Rotterdam LCL service NYK Logistics North Continent recently launched a new LCL service between Hong Kong and Rotterdam, with onward distribution available throughout Europe and China. Through close coo...
Big Apple port strike ends UNION protestors have laid down their pickets and ended a two-day work stoppage that paralysed six terminals in the Port of New York and New Jersey
Relieving that sinking feeling WÄRTSILÄ confirmed today it expects a month's delay in delivering six new engines to Fincantieri ' to replace those that sank on a barge off Trieste earlier this month
Ship emission talks snarled HOPE IS fading today that the IMO's Marine Environment Protection Committee could wind up meetings this week with no agreement on carbon ship emissions, delegates told Fairplay
Pirates seize bitumen tanker PIRATES seized a bitumen carrier early this morning off Tanzania, news agency reports have confirmed
Strikers stymie Spanish ports MOST PORTS and shipyards in Spain are being paralysed today by a general strike, as unions protest government changes in labour laws and austerity measures
Teekay's boss to retire TEEKAY Corp announced today that CEO Bjorn Moller will retire in 1H11, with Peter Evensen named as successor
Drugs seized at Portsmouth CANNABIS resin worth almost £500,000 ($790,000) has been found in a truck's trailer at Portsmouth
Fjord Line investigates LNG Fjord Line Denmark A/S has decided to make a feasibility study for the purpose to use LNG (Liquified Natural Gas) as fuel on the two ferry-newbuildings, which will
Fulton captain has passed away Legendary captain Mogens Frohn Nielsen has passed away at the age of 75 years. Mogens Frohn Nielsen pioneered the use of sailingships as floating education and school for youngsters with
Sales of AWT's ship routing technology increase substantially Fleets realise bunker fuel savings of up to 10 percent and in turn reduce carbon dioxide emissions.
Bunker market firms in key ports Healthy demand in Gibraltar.
Little price movement in Fujairah, Suez NYMEX showing losses in early trading.
Ferry operator's bunker costs $1million off target UK company to cut services and axe staff.
Supplier pressing for tax relief on bunkers IndianOil 'taking the lead' in talks with State Governments.
Gains in midweek bunker prices Mixed demand in Asia's key bunker ports.
Strikes continue to disrupt Fos deliveries 34 tankers waiting to discharge cargo.
SSA head questions low sulphur fuel as green alternative Low sulphur fuels mean 'more time and energy' spent on refining, says S.S Teo.
Swedish firm wins $6.7 million order for Fujairah terminal Supplying automation system for phase 6 of Vopak's oil tank terminal expansion.
Systems approach to ship design leads to 'major efficiency' Investing in individual components 'not enough', says Rolls-Royce research head.
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