Rotterdam port CEO hopes for recovery in Q4 The chief executive of Rotterdam port, Europe's biggest, hopes to see small signs of a recovery in cargo volumes during the fourth quarter of 2009 and stronger signs in 2010, he said on Monday.
Container shipping faces challenging times THE global financial crisis has wreaked havoc on the world economy and has impact on almost every industry. Deteriorating market conditions affect the entire shipping industry, and the container industry is among the worst hit. Shrinking demand and increasing tonnage make for a bleak outlook.
Ecospec system gets ABS approval HOMEGROWN oil and water treatment technology company Ecospec Global Technology said yesterday its CSNOx system has been awarded product design-type approval by the American Bureau of Shipping (ABS), paving the way for commercial installation aboard vessels.
Strait Talk
Bleak outlook for container shipping READERS of this column who have long memories will remember that I commented way back when P&O Containers and Nedlloyd merged that P&O chairman Lord Sterling was one of the few shipping executives to behave rationally.
Shipping Times
FedEx launches campaign against UPS over FAA bill Package delivery company FedEx Corp launched a campaign yesterday attacking main rival United Parcel Service Inc (UPS) over a bill in Congress that FedEx said amounts to a bailout for UPS.
Rotterdam port CEO hopes for recovery in Q4 The chief executive of Rotterdam port, Europe's biggest, hopes to see small signs of a recovery in cargo volumes during the fourth quarter of 2009 and stronger signs in 2010, he said on Monday.
Container shipping faces challenging times THE global financial crisis has wreaked havoc on the world economy and has impact on almost every industry. Deteriorating market conditions affect the entire shipping industry, and the container industry is among the worst hit. Shrinking demand and increasing tonnage make for a bleak outlook.
Ecospec system gets ABS approval HOMEGROWN oil and water treatment technology company Ecospec Global Technology said yesterday its CSNOx system has been awarded product design-type approval by the American Bureau of Shipping (ABS), paving the way for commercial installation aboard vessels.
Strait Talk
Bleak outlook for container shipping READERS of this column who have long memories will remember that I commented way back when P&O Containers and Nedlloyd merged that P&O chairman Lord Sterling was one of the few shipping executives to behave rationally.
Shipping Times
FedEx launches campaign against UPS over FAA bill Package delivery company FedEx Corp launched a campaign yesterday attacking main rival United Parcel Service Inc (UPS) over a bill in Congress that FedEx said amounts to a bailout for UPS.
Rotterdam port CEO hopes for recovery in Q4 The chief executive of Rotterdam port, Europe's biggest, hopes to see small signs of a recovery in cargo volumes during the fourth quarter of 2009 and stronger signs in 2010, he said on Monday.
Container shipping faces challenging times THE global financial crisis has wreaked havoc on the world economy and has impact on almost every industry. Deteriorating market conditions affect the entire shipping industry, and the container industry is among the worst hit. Shrinking demand and increasing tonnage make for a bleak outlook.
Ecospec system gets ABS approval HOMEGROWN oil and water treatment technology company Ecospec Global Technology said yesterday its CSNOx system has been awarded product design-type approval by the American Bureau of Shipping (ABS), paving the way for commercial installation aboard vessels.
Strait Talk
Bleak outlook for container shipping READERS of this column who have long memories will remember that I commented way back when P&O Containers and Nedlloyd merged that P&O chairman Lord Sterling was one of the few shipping executives to behave rationally.
Shipping Times
FedEx launches campaign against UPS over FAA bill Package delivery company FedEx Corp launched a campaign yesterday attacking main rival United Parcel Service Inc (UPS) over a bill in Congress that FedEx said amounts to a bailout for UPS.
Anker Leschaco Group expanding in Vietnam and Mexico The Anker Leschaco Group, based in Bremen (Germany), is further expanding its global network of subsidiaries. Leschaco Vietnam Co Ltd, established in Ho Chi Minh City, wa...
AMB Property leases 11,000 sqm in Amsterdam AMB Property Europe BV, an affiliate of AMB Property Corporation, a leading owner, operator and developer of industrial real estate, recently leased 11,000 sqm to an electroni...
Gefco Turkey to augment automobile logistics activities Gefco Turkey will distribute Peugeot Partner and Citroên Berlingo vehicles from a plant in Bursa (Turkey) in future. The plan is to deliver 30,000 units, depending on dem...
Box lines face fight of their lives as ocean rates fall back to zero CONTAINER lines have just four weeks to reverse the slide in Asia-Europe freight rates or risk going out of business.
Nor-Shipping 2009: Brussels lines up action plan to cut CO2 COMMISSION to put in place an international emissions trading scheme if IMO fails to come up with acceptable strategy.
Navios strikes deal with Navios Partners over capesize NAVIOS Maritime has let spin-off partnership Navios Partners out of a $130m acquisition deal for a capesize newbuilding.
Swine flu hits cruising hard SWINE FLU'S impact on the cruise sector could reach $140M, given today's new estimates by Royal Caribbean
US Shipping bows from battle US SHIPPING Partners has relented in its fight with private equity firm Blackstone over the two parties' joint venture to build five 49,000dwt product tankers at San Diego shipbuilder NASSCO
Navios shuffles ships NAVIOS Maritime Partners, the shipowning spinoff of Navios Holdings, today announced an agreement to back out of a Capesize acquisition
Swine flu hits Zaandam FIVE CREW on Holland America Line's Zaandam have contracted swine flu, a company spokesperson confirmed to Fairplay
Maersk pushes up rates MAERSK Line is increasing rates on services to Europe from the Far East and from India, Pakistan, Bangladesh and Sri Lanka to the Mediterranean and northern Europe
Owners tell bankers to go green PANELISTS urged bankers today in Oslo to set up rules to push shipowners toward carbon cuts in vessel emissions
Pirates attack Libyan tanker A LIBYAN oil tanker has evaded pirate attack in the Gulf of Aden, a spokesman for operation Atalanta told Fairplay today
Wadan Yards files for bankruptcy Wadan Yards MTW GmbH, an affiliate of Wadan Yards Group AS, has filed for bankruptcy. As Aker Yards ASA in March 2008 sold 70 percent of three yards in the
Charter party agreements discourage fuel saving Environmental pressure is on and shipping has to deliver results, says DNV.
Bunker prices firm in North European hubs Meanwhile, bunker prices in Southern Europe were softening.
New Hamburg supplier playing a 'substantial role' Deutsche Maxcom sees opportunity for German ports.
MOL denies plans to 'spin off' container division Japanese shipping firm says senior official was 'misinterpreted'.
Fuel oil imports to Singapore set to rise But Chinese demand for residual product is likely to fall, says report.
Tokyo bunker prices dip But other key Asian ports see prices firm.
Weather routing software could save $180 million in fuel costs Combined fuel savings of 450,000 mt and reduction of CO2 emissions by 1.4 million mt 'achievable'.
$1 billion storage terminal 'to compete' with Singapore 5 million m' facility in south Malaysia to store crude and petroleum products will be able to berth VLCCs.
Horizon, Matson to lift bunker surcharges Upward adjustment in surcharges will affect Hawaii, Guam routes.
Ecospec scrubber wins design approval ABS certifies technology as suitable for installation on wide variety of vessels.
NuStar starts new bunker operation 380 cst bunker fuel now available via pipelines at Texas City.
Daewoo Shipbuilding expands into bunker supply Subsidiary of world's second largest shipbuilder starts bunker supply on Korea's southeast coast.
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