Fresh bidding expected for Daewoo Shipbuilding Korea Development Bank has rejected Hanwha Group's 6.3 trillion won (S$6.93 billion) offer for Daewoo Shipbuilding & Marine Engineering Co and says it plans to re- invite bids for what could be the industry's biggest acquisition.
Palletforce gains new member UK-based family-run Garrett Transport has become a partner in Palletforce, joining around a hundred other transport operators across the UK that make up the Palletforce distributio...
DHL offers Europe'Middle East services by truck DHL now offers an attractive alternative to air and ocean freight between Europe and the Middle East. DHL Freight guarantees short transit times. All European shipments are consoli...
Israeli Agrexco quits Marseilles for Savona Vado Israeli Agrexco, a fruit and vegetable importer, quit the port of Marseilles (France) for Savona Vado (Italy) early in January. The news came as a shock for the city, as it lost th...
Intermarine revises BSC Intermarine, the agent for Industrial Maritime Carriers and West Coast Industrial Express, has said that the carriers will reduce bunker surcharges (BSC) on all services to and fro...
APL only ocean carrier with STP plus rating APL, a container shipping subsidiary of the Singapore-based NOL Group, has achieved STP plus status in the voluntary supply chain security initiative introduced in 2007 by Singapor...
Sassnitz/Mukran-Baltysk rail ferry services improved Departure frequencies on the rail ferry linking the German Baltic Sea port of Sassnitz/Mukran with Baltysk, in the Russian enclave of Kaliningrad, were increased to two sailings a ...
Pierandrea Galli leaving AZ Cargo After working for Alitalia for more than two decades, Pierandrea Galli has resigned from his position as director of Alitalia Cargo. The fate of Alitalia's cargo arm remains uncert...
DryShips in sharp retreat DRYSHIPS has revealed huge losses for last year's fourth quarter, suspended its dividend and backed out of 12 Capesize acquisitions
Obama targets tanker imports US PRESIDENT Barack Obama wants to "eliminate current imports from the Middle East and Venezuela within 10 years", according to the new energy policy released upon his inauguration
Muted shipping response to Obama TANKER markets are today reacting with quiet scepticism to President Barack Obama's inaugural promise to slash energy imports from the Middle East and Venezuela within a decade
Beware piracy's second wave ATTACKS on ships off the Niger Delta are likely to become more violent, and Gulf of Aden piracy might intensify, a London risk consultancy said today
Tankers not so Teflon JP MORGAN analyst Jonathan Chappell warned today that he expects the previously Teflon tanker industry to underperform in 2009
Pakistan cutting iron ore imports KARACHI'S Pakistan Steel Mills has reversed its reliance on imported iron ore by lining up local supplies to meet its production needs, a senior industries ministry official told Fairplay today
Singapore extends tax breaks BUNKERING vessels in Singapore's port waters will get a 20% tax concession, the government told the parliament today
10+2 import filing rule could be delayed A White House order to federal agencies to halt work on pending regulations may affect the timing of Customs' Importer Security Filing rule.
Brazil, Chile, Israel airlines fixed cargo prices-DOJ
Maersk will downsize the Odense shipyard Odense Steel Shipyard will be downsized to a smaller shipyard. The board of directors took the decision yesterday to downsize the shipyard while the present ships on order are being delivered in the years up to 2011. As the prospect ...
Bergen fleet largest in Scandinavia Bergen on the Norwegian west coast is Scandinavia's largest shipowning community with 534 NIS registered vessels, totalling 5.5 million gt. ' We have a fantastic knowledge base in Bergen, and this is accentuated by the strong will to venture and ...
Seismic vessel in dock-accident in Frederikshavn The seismic vessel CGG Venturer fell off the keel blocks when in a floating dock at the Orskov Yard in Frederikshavn yesterday. The acccident made a large noise and sent vibrations through out the port area. The vessel is inspected ...
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