Somali pirates hijack yacht in Indian Ocean Somali pirates have hijacked a French- flagged yacht with four crew members in the Indian Ocean, Ecoterra International, an organisation monitoring piracy in the region, said yesterday.
Suez Canal revenue up The Suez Canal, through which one-tenth of global seaborne trade passes, notched an 8 per cent increase in revenue in March and may attract more ships this month as incentives for using the waterway are offered more widely.
Aeroflot Cargo adds Mumbai to schedule Aeroflot Cargo is launching a new flight on the route from Hong Kong to Mumbai, which will be a part of the Frankfurt Hahn-Moscow-Hong Kong-Mumbai-Moscow-Frankfurt Hahn rotation. T...
P&O Ferrymasters set to acquire Mov'on Logistics The intermodal operator and logistics service provider P&O Ferrymasters has reached an agreement to acquire Mov'on Logistics. The deal, which will be finalised before the end of Ap...
Panopa expanding business in Eastern Europe The German logistics service provider Panopa has expanded its business in Eastern Europe by taking over 51% of the Polish transport and forwarding company Garex, and opening new lo...
TDG achieves AEO accreditation The British logistics group TDG has been awarded authorised economic operator (AEO) status - an internationally recognised accreditation that confirms that the company's role ...
EurAsia conference on opening day of transport logistic Munich A conference analysing how the economic crisis has changed industrial companies' plans will be held on the afternoon of the opening day of the transport logistic trade fair and exh...
Lines promised Suez Canal toll cuts SHIPOWNERS boycotting the canal expect to be offered some concessions before the end of the month.
Suez Canal revenues plunge yet again
Hong Kong could pay price of rise in detentions REGISTER looks set to be dropped from Qualship 21 scheme after number port state control detentions go up.
CSAV downgrade sparks huge loss fears TWO credit agencies have downgraded Chile's largest shipping group, CSAV.
Pirates take bulker and box ship PIRATES have seized a bulker today and a box ship late last week in the Indian Ocean
China predicting recovery CHINA'S economy, of which shipbuilding constitutes one-tenth, is now expected to soar to 10% in the first quarter of 2010, according to the official China Daily newspaper
Singapore rebuts lay-up warning SINGAPORE has rebutted an alert from the American Club that its waters are dangerously congested by laid-up ships by saying no ships are in fact laid up at the port
Petrobras might put off tender PETROBRAS is reportedly moving toward postponing its $7Bn tender to build eight FPSO hulls because prices might fail to reach satisfactory levels
Survey indicates light in the tunnel The latest Shipping Confidence Survey from shipping accountants and consultants Moore Stephens shows that shipping confidence continue to erode, Maritime Global Net reports. However there are indications that more people
Tallink lost traffic in March Tallink lost 25.5 per cent of the cargo units in March compared to the same month last year. The decline is most dramatic on the traffic between Finland and
Two new vessels hijacked On Monday morning a UK-owned and Italian-operated bulk carrier was hijacked in the Gulf of Aden. According to Lloyd's List the vessel is the Malaspina Castle, 21,173 DWT
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