New shipping association chief backs hybrid solution to piracy Patrick Phoon, the newly elected president of the Singapore Shipping Association (SSA), is backing a 'hybrid system' for tackling piracy, he said yesterday.
PSA Int'l JV wins terminal concession in Saudi Arabia A joint venture between PSA International and the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia - Saudi Global Ports LLC - has been awarded the concession for a container terminal at the King Abdul Aziz Port in Dammam.
China acknowledges spill from north-eastern oil rig Oil that spewed from an offshore drilling rig in north-eastern China for two weeks last month has spread over 829 square kilometres, government officials acknowledged on Tuesday, amid uproar over why it took so long for fishermen, local residents and environmental groups to be informed of the spill.
Delays in building capesize ships fall to lowest in 3 yrs
Glasgow airport charges Cambridge Consultants to solve wind farm radar interference Cambridge Consultants, a part of the European innovation and high technology consulting group Altran, last week announced it has been selected by Glasgow Prestwick Airport to provi...
Intrepid Aviation names Volker Fabian Chief Commercial Officer Intrepid Aviation today announced that Volker Fabian has joined the company as its new Chief Commercial Officer. The appointment of Fabian is part of the continued expansion of Int...
WABCO announces supply agreement for new generation of trailer air disc brakes WABCO Holdings Inc., a global technology leader and tier-one supplier to the commercial vehicle industry, announced that it has entered into a long term agreement with one of Europ...
Switzerland: Federal Council simplifies distribution of tachograph cards In future hauliers and drivers are going to obtain the tachograph cards more easily and they will be less expensive. The cards are going to be newly and centrally issued by the Fed...
No fatalities in train accidents in UK According to the new Annual Safety Performance Report by Rail Safety and Standards Board Limited (RSSB), UK Rail continues to be one of the safest forms of transport. 2010/11 was t...
Utilization tax for oceans? According to scientists the protection of the seas could be promoted considerably with an international ocean tax. Marine researchers from Europe and the US recently suggested at a...
TRW Automotive tenders logistics contracts via TICONTRACT After mutual individual projects in 2010, TRW Automotive, one of the world's leading suppliers for the automotive industry, in future is going to tender their European logistics co...
Gebrüder Weiss purchases wind farm Gebrüder Weiss has completed yet another sustainability project. In June, the Austrian transport and logistics provider acquired a wind farm in northern Germany from an experienced...
Koreans land in Khabarovsk The Korean Incheon International Airport Corporation has acquired ten percent of the Russian airport Khabarovsk with the option to top up the package. The deal is estimated to have...
Cargill reveals the name of the world's largest kite-powered vessel Cargill has signed an agreement with Greek ship owner/manager Anbros Maritime S.A. (Anbros) to install the world's largest kite on its Aghia Marina dry bulk cargo vessel. The Aghi...
Box charter market takes another slide Declines reported across all vessel sizes with little indication the situation is going to improve soon
Success of Baltex screen questioned Market rumours suggest that although members have signed up many are simply taking a look at the system and not actually trading on it
Exclusive interview: Bourbon chief banks on timing of offshore upturn Deepwater offshore support sector will see growth next year, says Christian Lefèvre
Ultra-large boxships push smaller carriers onto secondary trade routes But cost savings from larger ships will only materialise if the ships sail at close to full capacity
CMA CGM pumps up surcharges Increases to hit trades that are not subject to deteriorating freight rates
Omega and Glencore split joint tanker fleet Termination of Megacore venture comes as owner remains in debt talks with bankers
Maersk joins World Ocean Council Hawaii-based council aims to bring together ocean oil and gas businesses, shipping companies, deepsea fishing businesses and other organisations
Milford Haven bids for independence Trust port asks UK government for freedom to appoint board members instead of having them chosen by ministers
Saving $5bn a year while cutting C02 should be a 'no-brainer' Virtual Arrival with slow steaming can help avoid bunker bills ' so why the resistance from tanker owners?
Virtual Arrival ' the user's experience BP reveals data from voyages to illustrate the system's benefits
A step by step guide to the Virtual Arrival process Profitable port congestion in 10 easy steps
A few lessons still unlearned The approaching centenary of the Titanic's sinking should remind us that we never stop learning, but we have a nasty habit of avoiding solutions that may not suit us
EU innovation money is there ' but where is it from? Details of Brussels' innovation aid are buried in a bureaucratic morass of information across a number of websites
Germany divided over Duisburg sale Sale of federal government stake stymied by political wrangling
Eclectic mix that adds up to a roaring success Munich's Transport Logistics show is hot on business but does not forget the fun
Pilots and profits The UK's Humber estuary is no place for novices, so it is worrying to hear pilots voicing concerns over safety
What Greeks can do On what terms will the shipping community be prepared to take a stake in recovery?
Clipper executives jailed for tax fraud Employees said to have been paid bonuses overseas while employed in Denmark and subject to Danish law
RBS continues to seek new business But head of shipping Lambros Varnavides says a lack of suitable new deals is impeding new deals
DnB tops loan ranks DnB NOR was the largest bookrunner of syndicated marine finance loans in 1H11, according to Dealogic league tables released today
Danish taxman grills Clipper workers DANISH authorities have reportedly carried out tax investigations regarding 211 staff members at Clipper, the Bahamas-domiciled group managed from Copenhagen
Crowley buys Puerto Rico logistics company CROWLEY Maritime has continued its push into transport logistics in the Caribbean with the purchase of Puerto Rico Freight Systems
WTO rules China breaking trade rules THE WTO has ruled that China's curbs on export shipments of industrial raw materials violate global trade rules, IHS Global Insight reported today
Biofuel plant assailed A BIOFUEL power station being built in Southwest England generated a green protest today
Strike stymies Chittagong BANGLADESH'S port of Chittagong has been hit by an anti-government strike that has shut down the country, Fairplay was told today
Teekay places newbuild stake NYSE-listed Teekay Offshore has confirmed a $20M private placement for four shuttle tanker newbuildings destined for Brazil
DEME joins Hochtief's jack-up JV BELGIAN dredging and engineering group DEME today replaced defunct heavy-lift operator Beluga in a joint venture with Germany's construction group Hochtief
Sea-web update activated AN UPDATED version of Sea-web went live today, offering new features such as better mapping and new context-sensitive information and links
Court orders Kochi inquiry AN INDIAN court has ordered Cochin Port Trust to investigate a rise in terminal handling charges at a new terminal in Kochi operated by Dubai Ports World
PSA forms Saudi terminal JV SINGAPOREAN port operator PSA International has formed a joint venture with Saudi Arabia's Public Investment Fund to develop and operate a box terminal at Dammam
'K' Line targets 25% cut in electricity use JAPAN'S 'K' Line aims to cut electricity use by 25% this quake-shaken peak season, compared the same part of 2010
Mols-Linien sells ro-paxes DANISH ferry company Mols-Linien has sold two ro-paxes to a German buyer and closed the loss-making domestic route on which they were operating
KOWEPO seeks Capesizes, Panamaxes in deal KOREA Western Power has issued a two-part tender seeking 650,000 tonnes of thermal coal, to be shipped over August-November to its Taean power plant
Hay Point loading delayed BROKERS told Fairplay today bad weather in Queensland has delayed coal loading, with Hay Point being the worst affected
CMA CGM service links Asia, Fiji, New Zealand CMA CGM will launch a new liner service connecting Asia, Fiji Islands and New Zealand on July 18. The weekly ANZEX will use seven 1,800-TEU ships in a rotation of Port Kelang, Malaysia; Chiwan and Shangai, China; Pusan, Korea; Suva, Fiji; Auckland...
Lines add Pecem to Med/ECSA loop A multicarrier service between the Mediterranean and the East Coast of South America will add a call at the Brazilian port of Pecem in August, according to research from American Shipper affiliate ComPair Data. The Med-ECSA 1 service will also drop...
MCC amends intra-Asia service rotation Maersk Line's intra-Asia specialist carrier MCC Transport is amending the rotation on one of its services linking Northeast and Southeast Asia, the line said this week. The carrier's IA8 service will add calls at Xiamen, Yantian and Hong Kong, and ...
Technology reduces ship's wind resistance Technology reduces ship's wind resistance Technology reduces ship's wind resistance NYK Line and Tsuneishi Shipbuilding Co. said they have jointly developed technology called the MT-COWL, which they said saves energy by reducing the wind resistanc...
Maersk joins ocean sustainability alliance The A.P. Moller - Maersk Group, parent company of liner carrier Maersk Line, said Wednesday it has joined theWorld Ocean Council , a U.S.-based alliance focused on ocean sustainability and stewardship. Council members span a range of sectors, and ...
IES, Traxon roll out EU compliance data hub Software and electronic communication providers IES Ltd. and Traxon Europe are cooperating to provide seamless electronic data exchange between freight forwarders and airlines within the European Union. This has become especially important since m...
Cargo Airline Association rotates chairman The Cargo Airline Association has named Adam R. Kokas, general counsel and chief human resources officer at Atlas Air Worldwide Holdings, as its new chairman. He succeeds Robert Gray, vice president of flight operations at ABX Air, who has held the...
Old Dominion names COO, forms expo service Thomasville, N.C.-based less-truckload carrier Old Dominion Freight Line promoted Greg C. Gantt to executive vice president and chief operating officer. Gantt joined Old Dominion in 1994 and served as senior vice president of operations since 2002...
WTO faults China's raw material constraints A World Trade Organization dispute settlement panel on Tuesday agreed with the United States, finding that export restraints imposed by China on several industrial raw materials are inconsistent with China's WTO obligations. China's actions were n...
Middle East prices up Cape Town deliveries available for supply up to and including July 20.
Port Masterplan sees growth in bunker sales UK port already has 'buoyant bunker sector' and dredging programme would allow more vessel calls.
Bunker prices up in Rotterdam LS products tight in Hamburg.
Fuel oil tanker ablaze after pirate attack US Navy at the scene; crew abandon ship.
New research to examine nature of ship PM emissions Goals include establishing differences in fine particulate emissions for HSFO and low sulphur MGO.
EC approves CEPSA deal IPIC share acquisition will not impede competition.
Container line 'clamoured' for fuel efficient ships South Korean criticised for 'lack of interest' in building innovative energy efficient ships.
ICS calls for meaningful CO2 reductions Members lobby to support the adoption of global rules on technical and operational measures ahead of MEPC meeting.
Mid-week bunker prices firming in Asia Demand mostly weak at key Asian ports.
Recently established maritime law firm wins award Picks up award for Shipping and Maritime Law Firm of the Year a year after launch.
US firm launches new 'high performance' lubes New marine engine oils have received FC-W Catalyst Compatible designation.
Bunkers boost scrapped vessel value 1990-built bulk carrier sold with 1,300 tonne of IFO on board.
Bunkering in Hambantota delayed to September Port authority wants full opening in September rather than partial opening in May.
Bunkering at Bohai Bay resumes on better weather Tianjin, Caofeidian, Qinhuangdao and Jingtang ports resume bunker ops.
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