Follow money trail to reduce piracy: officials To foil modern-day pirates, more than just military action is needed, Interpol and other officials said yesterday. Rather, one needs to follow the money trail to see where it leads.
Maritime safety accord signed Singapore, Malaysia and Indonesia have concluded a joint technical arrangement with the International Maritime Organization (IMO) to institutionalise a trust fund that aims to enhance safety and marine environment protection in the straits of Malacca and Singapore.
Aslog congress 2009 postponed until next year The French logistics association Aslog's annual congress, which should have taken place in the city of Lille in northwestern France on 17 and 18 November, has been postponed until ...
Gerry Weber banking on Fiege Gerry Weber International, headquartered in Halle (Germany), has entrusted the logistics for flat textiles in the Gerry Weber Edition range to Fiege, a service provider b...
Gebrüder Weiss opens office in Macedonia Gebrüder Weiss, an Austrian logistics provider, guarantees a seamless transport service from and to the Balkan region since it opened its own office in Macedonia on 12 October. The...
Cat Logistics opens distribution centre for Manitowoc in Indiana The Manitowoc Company and Caterpillar Logistics Services have officially opened a new parts distribution facility in Jeffersonville (USA). As part of the multi-year agreement, Cat ...
CMA CGM launches first INTTRA eInvoice platform in North America CMA CGM, the world's third largest container shipping company, is piloting INTTRA's web-based eInvoice solution with select customers in North America. As the leading e-commerce pl...
WWL boosts China express service Sailings on the China Express, Wallenius Wilhelmsen Logistics' dedicated Japan-Korea-China ro-ro (PCTC) service, have been upped to three a month because of a resurgence ...
Norfolkline opens new office in Frankfurt area Norfolkline has opened a new office in Germany's Frankfurt area. Dick van Herwaarden, general manager sales at Norfolkline Logistics, said, "we were highly concientious in choosing...
Danish owners call for CMA CGM and Hapag Lloyd capacity cuts Box lines should be forced to cut their fleet capacity in return for government financial support
More charges over Full City Norwegian vessel traffic service centre staff under criminal investigation.
Barwil fined in US over Iran violation BARWIL Agencies' North American arm agrees $84,000 penalty for sanctions violation
Offshore slump hits Acergy Revenues fall by more than 10% in third quarter
Danish confidence in energy index DENMARK is confident that its energy efficient design index for new ships will be applied and will be a major factor in influencing the commercial decisions of shipowners and yards
Genco files for IPO Genco Shipping & Trading of the US is soliciting an initial public offering of common stock by Baltic Trading Limited, a recently formed subsidiary of Genco
Norway believes in emissions trading NORWAY today put its weight behind the Emissions Trading Scheme as the most cost-effective way for shipowners to cut carbon pollution
UK warning over IRISL sanctions THE UK has frozen all business dealings with state-owned Islamic Republic of Iran Shipping Lines over claims the company has helped in the development of nuclear weapons
Reed Smith adds environmentalists LAW firm Reed Smith has bolstered its US maritime practice at a time when US policy toward environmental regulation is increasingly important to ship owners
Santander to close ship lease team SANTANDER, Spain's biggest bank, is to close its ship lease team because it is regarded as a "non-growth" sector
Bunker traders seek cleared trading PROMPTED by increasing concern about credit risk, bunker traders are looing at setting up a clearing house for their business activities
STX orders 8 Brokers say STX Pan Ocean has ordered eight VLOCs, as expected, at sister company STX Offshore & Shipbuilding.
BLT seeks $368m Berlian Laju Tanker is planning to issue bonds in November as part of Camilo Eitzen & CO takeover deal.
Who's in charge? Yuri Nikitin (pictured) and others top figures at Kinex "dictated decisions" at Sovcomflot during Dmitry Skarga's tenure, claims Igor Borisenko.
Boxing up Tor Olav Troim confirms John Fredriksen is participating in new containership venture, The Container Company.
Seeking 5 to 7 In $230m IPO, Peter Georgiopoulos' new Baltic Trading expects to buy up to seven vessels by the end of next year.
More Pride Fidelity Investments more than doubles its stake in rig and drillship owner Pride International.
Genco in IPO Peter Georgiopoulos' Genco files papers to list new spot-focused bulker owner, Baltic Trading.
$5.6m please! Somali pirates demand huge ransom for release of Spanish fishing vessel and 36 crew.
Only a ritual Under Dmitry Skarga's leadership Sovcomflot's executive board met only to 'rubber stamp' decisions he had already made, Igor Borisenko says.
Mystic rescue Cal Dive International dive support vessel rescues seven in the Gulf of Mexico.
Tragic crash Shipowner Atle Jebsen has been killed in a Norwegian highway accident.
Q-Ship rises Qatar gas carrier and tanker owner posts 13% jump in nine-month profit.
Acergy down Nasdaq-listed offshore player sees nine-month profits slide on lower revenues.
Yemen nabs nine Guns and grenade launchers found with suspected Somali pirates off Taiz, Yemen agency says.
PNG proposal Australian businesses consider teaming up to launch direct shipping service to Port Moresby.
Pirates let off Ammunition, grappling hooks and 10 fuel barrels not enough to convince German Navy to arrest suspects off Seychelles.
French foray? Naval contractor DCNS linked to stake purchase in Poland's Gdynia shipyard in return for sale of two submarines.
Fire fine Philippines court rules Keppel Cebu Shipyard liable for blaze that gutted Superferry 3 in 2000.
LD loads Tasmanian owner steps in to bring food to Australia's Flinders island after regular service ended by strike.
New face Former HCI executive Jens Burgemeister to take top job at Germany's Marine Service - Chemikalien Seetransport.
Q-Ship extends Qatar owner wins price rise for towage and pilot boat contract at Mesaieed port.
NCSP better Huge leap in grain and diesel fuel volumes help Novorossiysk Sea Port in first three quarters.
Uni-Asia gets loan Japanese ship financier secures partial funding from Taiwan bank for handysize bulker newbuilding.
Deal agreed Hyundai Heavy pens preliminary agreement to assume control of Hyundai Corp but no price given.
Egyptian deal Finnish manufacturer wins deal to supply rubber tired gantry cranes to the Port of Damietta.
EU intervened against pirates The German warship Bremen yesterday intervened against suspected pirates. A helicopter from the EU Navfor warship identified suspected pirate craft in the Somali Basin. The suspected craft were made up
First Tärntank vessel under Danish flag The first tanker in the Tärntank fleet switched to Danish flag on Monday this week. During a stay in Halmstad, the Tärnland lowered the Swedish flag and hoisted the Danish
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