Baltic index rises again on vessel demand The Baltic Dry Index, a measure of shipping costs for commodities, rose for a third consecutive week, boosted by demand for capesize vessels to haul coal and iron ore to make steel.
German government against 60 t trucks The German government stands by its ban on oversized 60 t trucks, known as Gigaliners. A transport ministry spokesperson expressed her "wonderment" over individual G...
Porsche offers EUR 2.8 billion for Scania The sports car manufacturer Porsche has offered SEK 31.6 billion (EUR 2.8 billion) for the Swedish truck manufacturer Scania. The mandatory bid is required by Swedish law, because ...
Spanish owners fear dues jump SPAIN'S shipowners association ANAVE today warned that the government's Port Law proposals would spark huge increases in port dues.
Keppel surges despite tough 4Q OFFSHORE and marine construction giant Keppel has defied weak fourth-quarter economic conditions to post a 7% rise in net profits for 2008
Vale plans 40% jump in spending VALE AIMS to increase spending this year by 40% to boost output and shipments of iron ore, nickel and other metals, despite the global economic contraction
Flexible hours behind STX walkout DISGRUNTLED workers who have staged a walkout at Finland's Turku shipyard want more flexible working hours, yard owner STX Europe told Fairplay today
China sees steely growth in 2008 CHINA last year became the first country to exceed an annual steel output of 500Mt, according to figures released by the World Steel Association
Four said to bid for ACS port unit ACS, SPAIN'S construction giant and services group, has reportedly received non-binding bids from four groups to acquire the port assets of Dragados, its ports and logistics services subsidiary
Judge allows petitioners in trucks case Federal Maritime Commission administrative judge rules that petitioners in LA-Long Beach clean-trucks case can intervene in the proceedings.
Customs chief Basham staying on through transition
Maersk to route Asia-Europe service around Africa
Horizon Logistics offers NVO ocean service
In weak box market, Prince Rupert takes aim at US rivals
Giants among the container giants Out of the world's 527 Very Large Container Ships, VLCS with a capacity over 7,500 teu, 75 per cent are built or are on order in Korea. Hyundai is the largest shipyard with 36 per cent followed by Samsung at ...
Close to six per cent of boxships laid up 5.5 per cent of the world's boxship fleet is at the moment laid up and by February the idle fleet will have grown from 675,000 TEU to 750,000 TEU or six per cent, the largest share of laid up ...
Odense shipyard close to new contracts Odense Steel Shipyard is very close to signing contracts for several new ships to be built at the Danish shipyard. Negotiations have been going on for some months, but are very near to be finalised. 'We are close to have ...
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