Container lines plan emergency revenue charge AP Moeller-Maersk A/S, owner of the world's largest container line, and 13 other cargo-box carriers plan to levy an 'emergency revenue charge' on Asia-US shipments next year to pare losses.
China Shipbuilding climbs on Shanghai trading debut China Shipbuilding Industry Co completed the second-smallest debut gain in Shanghai trading this year as demand for new shares eases following about 80 equity offerings since June.
Sea Sonic Europe appoints NYK Logistics (Nederland) Sea Sonic Europe recently chose NYK Logistics as its logistics service provider for sea freight, European Distribution Centre (EDC) activities and return logistics, resulting in th...
Kuehne + Nagel expands service portfolio in Leipzig Following the award of new contracts for logistics services for BMW in Germany, South Africa and Japan, Kuehne + Nagel has now also been selected as BMW's logistics partner at...
Azkar provides logistics support for solidarity campaign for children The Spanish logistics service provider Azkar is once again offering its infrastructure for a good cause. Together with Imaginarium, Fundaci'n Antena3-Ondacero and Mensajeros d...
Lehnkering Road Logistics & Services installing CarCube The Road Logistics & Services division of Lehnkering, a leading logistics service provider in Central Europe's chemicals and steel industry based in Duisburg (Germany), is further ...
Cathay and Dragonair report more cargo The Hong Kong-based carriers Cathay Pacific and Dragonair saw a marked increase in cargo traffic in the month of November. They transported a total of 142,000 t of cargo and mail, ...
Delta and Virgin Blue Airlines Group with codeshare agreement The US giant Delta Air Lines Inc and the Virgin Blue Airlines Group, based in Brisbane (Australia), will begin offering codeshare flights from January 2010.
Grand Alliance announces new direct Vietnam (Cai Mep) call The Grand Alliance partners Hapag-Lloyd (HL), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL) will add a direct Vietnam call at Cai Mep deepwater port to their ...
Russian railway fees to rise again Authorities in the Russian Federation have announced the fees for railfreight transport in the coming year, which will rise by 9.4% from 1 January 2010. A number of exceptions...
Swiss Post CEO Michel Kunz has been replaced The board of directors of Swiss Post have appointed J'rg Bucher as CEO of the company, with immediate effect. He has replaced Michel Kunz, who is leaving Swiss Post by mutual conse...
US bill targets shipping to Iran THE US House has overwhelmingly passed an Iran sanctions bill that specifically targets shipping operators and their P&I clubs
FESCO granted $100M loan A GLOBAL bank today approved a loan of $100M to Russia's FESCO to help the dry cargo leader refinance its debts
LA, LB box counts slide CONTAINER throughput at southern California's biggest ports was down significantly in November, compared with the same month last year
HMM wins huge POSCO deal HMM TODAY signed an 872Bn won ($748M) contract to carry iron ore and coal for POSCO
TSA plans 'emergency charge' TRANSPACIFIC Stabilization Agreement lines have proposed an emergency revenue scheme for 2010's first half, warning that they cannot postpone the move until the next contracting round
Scrapyard for biggest of the big GOLIATH floating storage and offloading ship Mont, the world's largest vessel, is on its way to be scrapped in India, London brokers have confirmed
Log-In charters bulkers BRAZILIAN shipping company Log-In Logistica has signed a two-year contract to charter in two vessels from Spain's Elcano to transport bauxite
Swedish owners ask lenders for period of grace The depressed market situation, with low freight rates and increasing competition as newbuildings join the markets at a pace never seen before, is worrying Swedish shipowners. They are also having
New ambitious climate deal in danger World leaders are now starting to gather in Copenhagen to clinch a new climate deal as the final high-level stage of the ongoing climate change conference opened on Tuesday
"Emissions could be cut 30 per cent at zero cost" A new DNV study shows that the shipping industry could cut CO2 emissions 30 per cent by 2030 at zero cost by using available technologies. "The results are quite encouraging
Largo II sold to African service under French flag The Largo II, the last unit in the world's largest coaster series in European waters, has been sold by its captain-owner in Sweden to a French company's operation in
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