Now for slow fix after BP 'top kill' fails BP plc's 'top kill' oil well plug failed on Saturday, practically killing any optimism among Gulf coast residents that the mammoth spill fouling their coast and fishing industry will end any time soon.
Bibby Distribution reports record profits in 2009 The Liverpool-based UK forwarding and logistics group Bibby Distribution has reported record profits for the second consecutive year, with profits of GBP 5.8 million on a turnover ...
Logwin establishes national subsidiary in Kenya The global logistics service provider Logwin, based in Grevenmacher (Luxembourg), has established its own regional company in Kenya. The first office opened in the Kenyan capi...
Wincanton to manage supply chain for Goldbeck The logistics and transport service provider Wincanton, together with Goldbeck Solar GmbH, has established an end-to-end environment friendly transport chain to supply goods to Gol...
Obama freezes US drilling PRESIDENT Obama, who plans a visit today to monitor efforts to halt the Gulf of Mexico spill disaster, has suspended virtually all current and new offshore US oil drilling
Cocaine found in banana box CUSTOMS officials have seized a consignment of 117kg of cocaine in St Petersburg, hidden in a banana container
Australian warship halts pirates A WARSHIP from Australia has reportedly have stopped a skiff full of pirates thought to have been staging attacks on merchant ships off the Gulf of Aden
Gdansk terminal deal signed A CONTRACT was reportedly signed today to build a new terminal at Poland's Baltic port of Gdansk
UK to axe planning panel BRITAIN'S new coalition government is axing the Infrastructure Planning Commission, an independent body that weighed infrastructure projects
How Navios turned tide NAVIOS Holdings bought 1.8M last-minute shares in its 'blank cheque' tanker company to secure its majority vote this week, an SEC filing reveals
US: begone Wilmina! A TANKER has been banished from US shores for three years by the Coast Guard for pollution law violations
The sage doth talk good sense The official Royal barge on London's River Thames, the Royal Nore, was this week the venue for COSCO Group's charismatic president and ceo, Capt. Wei Jia-fu to celebrate his well-deserved Seatrade Lifetime Achievement Award; presented to the executive at the Guildhall on Monday evening.
Wilhelmsen tanker banned from US ports The 150.000 DWT Norwegian flagged crude oil tanker Wilmina, built 1997, has been banned from all US ports for three years. After a tip from a crew member, the
World fleet will grow in the years ahead According to a study from the Clarkson Research Services, the world fleet will grow 7.2 per cent in 2010 and 8.7 per cent in 2011. European owners account
STX in cooperation on Russian order STX Finland may receive a Russian order for a combined icebreaker and oil spill combat vessel of Aker Arctic Technology's ARC 100 design. The Finnish companies STX Finland Oy, Aker
BP oil spill larger than Exxon Valdez disaster The volume of the current oil spill in the Gulf of Mexico has most likely surpassed the Exxon Valdez disaster in 1989. The oil could be flowing at a rate
Bunker prices hit bottom Window of lower bunker numbers soon to close.
Markets mostly higher to end week Bunkers taking their cue from early gains ahead of US long weekend.
Double-digit price jumps Bunkering disruptions anticipated in Piraeus next week.
Malta next destination for Horizon Terminals New terminal to have 600,000 cubic meters capacity for black and clean products.
Strong IFO gains in Fujairah More mixed picture elsewhere in MEA region.
New Aegean terminal to cater to North American ECA Up to 120,000 mt tank capacity to be built at recently secured site in Jamaica.
Land secured for Novorossiysk Fuel Oil Terminal Port operator to construct fuel oil terminal with four million tonnes per year capacity.
Oil spill closes Singapore beaches Beyond conventional clean-up methods, MPA reports 'encouraging' results from experimenting with absorbent plastic beads.
Fuel oil arbitrage flow to Singapore set to rise 10% increase expected in June, but Middle East utilities and growing demand from ships may soak up more fuel oil.
Marine fuel prices up in key ports Low demand at all major ports as Singapore market closes for holiday.
Hyundai Heavy unveils eco-friendly gas engine Claims new engine reduces CO2 and NOx emissions by 20% and 97% respectively.
Bank predicts box shipping to recover by end-2011 Slow steaming to support demand for box vessels, says HSH Nordbank.
Hambantota 'not affected' by new bunker facilities in India Competitive bunker rates in the works at Hambantota Port, says SLPA chairman.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
