Persian Gulf supertanker rates end slide The cost of delivering Middle East crude to Asia, the world's busiest route for supertankers, halted five days of declines as owners awaited the remainder of this month's cargoes.
Suspected N Korean cargo seized in Busan South Korea seized four containers from a Panama-registered ship last month on suspicion it could be carrying banned North Korean cargo, a port official said yesterday.
Rhenus and Kamino set up exclusive partnership for Bavaria The Rhenus group has closed the last gap in its air and seafreight network in Germany. On 1 October, the company started an exclusive partnership with the Munich (DE) branch of the...
Mecklenburg-Vorpommern becomes member of German logistics initiative association The major logistics regions in Germany decided to collaborate more intensively. To this end, the largest and best established regional logistics networks founded a trade body entit...
Exclusive information im FedEx access forum FedEx Express, a subsidiary of US-based FedEx Corp, is launching a new business portal in the internet. In future, independent, well-known experts will lecture on major g...
Supply chains are major arteries in need of care Switzerland, as an Alpine transit land, plays a pivotal role in the European transport system. It is therefore rather disappointing that new protectionist barriers are being s...
Zim in accordance with Korean yards The Israeli shipping company Zim has come to an agreement with two South Korean shipyards about the delivery of 13 vessels with capacities between 10,062 and 12,552 ...
Mol to transport mobile library vehicles to South Africa Tokyo (Japan)-based Mitsui O.S.K. Lines (Mol) attended the recent departure ceremony for the South Africa mobile library vehicle project, which the line supports with ocean sh...
US House of Representatives says yes to USD 17 million for Charleston South Carolina's seaports in Charleston and Georgetown, as well as its coastal waterways, stand to gain more than USD 17 million in additional funding for channel deepening and mai...
PD Ports philosophy - always puts safety first In 2008, the UK-based port operator PD Ports launched a group-wide safety suggestion scheme to find practical and cost effective solutions for further improving the safety of its w...
High crude inventories hampering tanker recovery HIGH global crude inventory levels are hindering the prospect of any recovery in the fragile tanker trades in the last quarter of 2009.
EU states split over CO2 targets A group of European Union member states is resisting calls for shipping to reduce its carbon dioxide emissions by 20% as part of Europe's contribution to...
Black Rose bunkers 'causing major pollution' BUNKERS from sunken bulk carrier now reportedly causing significant pollution in India's Orissa state
Clarkson and Huxley settle legal row THREE-year legal wrangle between Clarkson and former Clarkson Asia managing director Tim Huxley has ended with a tentative out of court settlement .
Tacoma axes plans for new box terminal NYK and the Port of Tacoma have cancelled plans for a new $300m container terminal on the Blair Waterway
Phils and Japan in severe storms TWO strong tropical weather systems are hitting / about to hit the Asia-Pac region. Typhoon Melor, described as "very strong" by the Japan Meteorological Agency is now south east of, and closing in on, Okinawa, Japan
NAT swoops on Suezmax NORDIC American Tankers announced the purchase of a 2002-built Suezmax after market close Monday
Sumatra update post-quake INDONESIA'S Teluk Betung Transit Terminal resumed normal operations this weekend after the 7.6 magnitude quake on 30 September disrupted fuel distribution
Latin America box ops slide slows THE WORST is over for box operations on the east coast of South America, Hamburg S'd's regional head told Fairplay today
Iran's ports to go private next year IRAN WILL complete its port privatisation process by March 2010, the country's deputy transport minister has said
Hijack pirates arrested TWO PIRATES from a Somali gang that hijacked a Spanish fishing vessel in the Indian Ocean were arrested yesterday
Indonesians wants Camillo Eitzen Indonesian BLT, owner of about half of Eitzen Chemical, has launched a bid for all the outstanding shares in Oslo Listed Camillo Eitzen. The offer corresponds to NOK 25 per Read more
New Danish container company set up The Containership Company (TCC) is the name of a new company set up in Copenhagen, which will acquire and/or operate container vessels in the current market. "There is a Read more
Danish owned ro-ro in trouble in North Sea storm The Danish owned ro-ro vessel Maestro Sun was in serious trouble in the North Sea early Sunday morning, when the vessel was on a voyage in ballast from Fredericia Read more
Nordic registers high on performance table Nordic ship registries come out well in this year's "Shipping Industry Flag State Performance Table", produced by the large international shipping bodies Bimco, ISF/ICS, Intertanko and Intercargo. In all
Bunker prices show losses to start week Crude oil markets softening in early Monday trading.
Climate change group targets shipping Industry has the opportunity to become 'a benchmark for environmental efficiency'.
Bunker prices firm in Fujairah But Durban seeing very low demand.
Owner struggles to keep operating Bunker supplier and banks have been 'very supportive'.
Testing underway of emissions monitoring device System capable of recording smokestack emissions of SOx, NOx, CO2 and particulates can help owners show compliance with regulatory limits.
Indian refinery offers 380 cSt fuel oil parcel Sources say refiner was 'running out of storage capacity'.
Bunker prices weaken in quiet market Steepest prices falls seen in Tokyo Bay.
Bunker trading firm dismisses 'malicious' claims Will pursue legal action against ex-employee for defamation.
Automative firm ups stake in marine technology company China Auto Corp. acquires 19% stake in Neftech for $30.29 million.
Cosmo to continue cutting run rates Bunker sales are down after refiner cut runs.
World Bank expects crude oil to average $55 this year Next year's average could be '$63 per barrel' with demand 'likely to remain low'.
New hull coating seeks 'significant' fuel savings Savings in US Navy fuel costs could reach $12 million a year.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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