Pertamina plans to spend US$600m on new tankers Indonesia's state oil and gas firm Pertamina said yesterday it plans to spend US$600 million on new oil tankers in the next three years to upgrade its ageing fleet and rely less on charter tankers.
China Merchants set to win Colombo job China Merchants Holdings (International) Co and Aitken Spence & Co are likely to win a contract to build a US$500 million terminal in Sri Lanka's Colombo port, according to the island nation's Ports Ministry.
International forces intercept pirates: NATO Japanese, EU and NATO forces cooperated on Sunday to intercept pirates who were preparing to attack ships in the Gulf of Aden, the NATO counter-piracy task force said.
Swiss Post improves group profit by 35% in H1 Switzerland's mail service provider Swiss Post generated a group profit of CHF 484 million in H1/2010, a 35% increase compared to the same period last year. The corporation's opera...
Rhenus Eonova now offers individual healthcare transport services Hospital logistics provider Rhenus Eonova is adding services to its portfolio to further consolidate its leading position in the healthcare segment. The enterprise has expanded its...
Ran Lojistik and ABC European Air and Sea Distribution in cooperation deal Ran Deniz ve Hava Tasimacilik (Ran sea and air transport), which is part of the Turkish logistics enterprise Ran Lojistik Hizmetleri, has signed a cooperation contract with the Vie...
UK to consider Royal Fleet Auxiliary privatisation Ministry of Defence has reopened a decision taken by the last government not to go ahead with privatisation plan amid drive to cut spending
Caution the watchword on trade with Iran
Greek owners have a key role to play in recovery
ABP widens its focus to find opportunities in Ireland and Europe
German owners cash in on CSAV recovery Dramatic turnaround in fortunes for CSAV results in 10% return on investment for...
Container lines bounce back after 2009 losses
Frontline opts to go fishing rather than accept low rates Chief executive Jens Martin Jensen refuses to take rates below $10,000 per day
Rates rise, but earnings still under a cloud
Freight futures brokers hit back at box derivatives critics Clarksons and FIS respond to box line opposition and fears of volatility
Retired after 50 years of service The passenger vessel Kristina Regina has most likely done her last longer sea journey and is after a docking to be permanently moored in Turku as a floating hotel, restaurant
Maersk Line sued by Argos The British home retail group Argos is suing Maersk Line for breaching their mutual agreement. Argos seeks damages on DKK 72 million for the extra costs for shipping 5,000 containers
Mols-Linien in deep red after the first half of 2010 Mols-Linien reports red figures for the first half of 2010. A severe winter with snow covered roads among other things, is one of the explanations for fewer passengers and
Four Wilh. Wilhelmsen ro-ro's to recycling in China Wilh. Wilhelmsen has sold four of its car carriers to China for recycling. Since the market for vehicle carriers collapsed in 2008, the ships have been surplus. The ships are
Turkey signs recycling convention Turkey has signed the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, aimed at ensuring that ships, when being recycled after reaching the end of
Bunker market shrugs off crude oil gains Prices retreating in several ports Monday after a firm end to last week.
Region sees minor price moves despite crude gains Firm close for crude oil prices on Friday has limited impact on bunker prices in the Middle East and Africa.
SK Energy buys second Indian fuel oil parcel 380 cSt cargo sold at lower discount with players expecting market to tighten.
Ash cloud boosts ferry operator's profits But Irish Continental Group reports 48% surge in first half bunker costs.
Spill triggers new attack on 'flags of convenience' 'Foreign ships' responsible for damaging Australia's maritime environment.
Bunker prices climbing as week begins Demand for bunker fuel below average at most key Asian ports.
Bunker business boosts Cosco International H1 revenues Plans to expand bunker business; aims to become 'global leading marine fuel supplier'.
Tokyo bunker firm eyes expansion to Far East Russia International Bunker Services K.K. hires new trader to tap into the Far East Russian market.
SinoBunker launches operation at northeastern Chinese port Now offers bonded bunker supply at Yingkou port, a port previously solely served by Chimbusco.
Pakistan lube oil supplier 'keen' to explore bunker trading Supplier has started lube oil trading in Pakistan, India and Bangladesh, says CEO and Director of Piraeus Marine Services.
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