Ship owners should go green early Shipping companies that think the need to adopt green technologies has abated, now that bunker prices have fallen, are mistaken because regulatory and other demands will force it on them sooner rather than later.
Thome Group offers lay-up services In a sign of depressing times, ship manager Thome Group is offering lay-up services to meet increasing demand from owners who want to take their vessels out of service.
More than a third of shipping lines seen failing Seafin Pte Ltd, a Singapore-based ship-financer, expects more than a third of shipping companies to collapse this year as the recession hammers global trade and vessel prices.
Arvato Services establishes joint venture in Shenzhen Logistics service provider Arvato Services, a member of the Bertelsmann group, recently held an official opening ceremony for a new logistics centre in Shenzhen, together...
Ceva Logistics service provider for Renault in Brazil Logistics service provider Ceva Logistics recently started a new operation for the multinational automotive manufacturer Renault in Brazil. The service includes moving and war...
Wallenius Wilhelmsen Logistics establishes subsidiary in India Scandinavia-based global logistics provider Wallenius Wilhelmsen Logistics AS (WWL) recently established a new Indian subsidiary, Wallenius Wilhelmsen Logistics (India) Private Lim...
EU signs civil aviation agreement with Pakistan The EU and Pakistan recently signed an aviation agreement which will restore legal certainty regarding bilateral air services agreements between Pakistan and EU member states....
Grimaldi Lines' newbuilding to link Hamburg West African ports The "Grande Ghana", a con-ro newbuilding operated by the Grimaldi Group (Naples), a leading transporter of cars and ro-ro cargo, recently made its maiden call at the port of Hambur...
Intertrans secures faster service Intertrans SA has started a new cooperation with the Lyon branch of the French company Egetra in order to reduce collection times in France and simultaneously boost the existi...
Super post-panamax cranes arrive at Port of Savannah Georgia Ports Authority (GPA, USA) has announced the arrival of four new super post-panamax cranes at the port of Savannah. The new cranes arrived aboard the "Dockwise Tern", a spe...
Idle capesize numbers fall by more than two thirds LLOYD'S Maritime Intelligence Unit data shows 30 such vessels are now idling at ports around the world.
Hot lay-up surge in Hong Kong
STX Pan Ocean predicts H2 dry bulk upturn STX Pan Ocean is forecasting a rebound in dry bulk shipping markets in the second half of the year.
Royal Caribbean warns over ships funding crisis SECURING committed financing for pair of Oasis-class vessels "not assured".
Luxury cruises under pressure BOTH SILVERSEA and Seabourn have recently announced sharp discounts of 50% or more, as the recession batters luxury consumers
Breaker crushed to death A SHIPBREAKER has been crushed to death at Sitakunda, north of Chittagong's port in Bangladesh
CBI slams UK intermodal network BRITISH transport monitors have described the UK's intermodal network as "unreliable and congested" and likely to undermine "the long-term competitiveness of business"
Scandlines to axe 400 jobs BALTIC ferry group Scandlines confirmed today that it will cut up to 400 jobs as a result of the recession
Maersk changes ports on three services Changes affect port coverage on Far East-W. Africa service, and between Europe, the Middle East and S. Asia in two other loops
OOCL latest line to seek Asia-Europe rate hike
Re-opening of Houston rail line to speed intermodal
NYK to cut capacity again
Evergreen, Wan Hai in intra-Asia slot-swap agreement
Letter: Reader takes issue with port trucker study
Genmar posts loss Accrual of Peter Georgiopoulos' payout helps push General Maritime into the red, as results fall short of Wall Street expectations.
TMM in black Mexican tanker and offshore vessel owner's results swing to $91.7 in profits.
Tropical revs up Tropical Shipping sees operating income rise as revenue boost overcomes higher costs.
Top's Armada hit Pistiolis-led Top Ships loses $1.5m in charter rate reduction deal with bankrupt Armada Singapore.
Vessels still up Offshore player Helix Energy Solutions suffers $860m loss, but service vessel segments remained positive.
Simonsson resigns Brostrom chief steps aside following Maersk takeover while jobs lost as offices close or reorganise.
Three for TEN Tsakos extends Sun Oil suezmax charter by another three years, bringing its period fleet coverage for 2009 to 70%.
Wan Hai on prowl Taiwanese container line looking to take over Chinese owner to gain foothold in coastal and river trades.
Greek tanker held MCA hauls Greek Liberia-flagged unit with 43 deficiencies aside in Belfast in January.
Duo detained Malaysia holds two tankers over alleged illegal fuel transfer off Johor.
Fine confirmed US judge fines Dowa Line-linked Japanese operator $1.75m for magic pipe aboard the mini-bulker Balsa 62.
Not ferry nice New York state loses $476,000 on former Martha's Vineyard ferry after disappointing eBay auction.
Slight snag AIDA Cruises' new vessel entangles propeller during sea trials, but still on course for March delivery from Meyer Werft.
CSDC scraps Hong Kong-listed owner offloads 1976-built bulker to sister company for small profit.
ESL beats target Ethiopian cargoship owner surpasses revenue expectations by 232% in first half.
Rhyme reminder! Only hours to go before noon, So send those limericks in soon, Get into rhyming mode, And fashion that ode, Of things maritime should be hewn.
400 face axe Baltic ferry group Scandlines confirms it will cut 16.6% of its 2,400 workers in dire economic conditions.
Fortescue flush Chinese steel mill takes 16% stake in Aussie miner in shipping contract cancellation fight.
Pricey ro-ros US domestic ro-ro vessel operators win big after Uncle Sam awards juicy charter contracts.
Precious loan cut Thai bulker owner has a second loan reduced in size, this time from domestic financial institutions.
Tug spill Small fuel leak reported from US tug that sank in Ohio River.
Cutting faster UK to mainland Europe operator Norfolkline brings forward capacity reduction in "challenging times."
NYK consolidates Japanese owner restructuring two transpacific services linking Asia with Central and Latin America.
Costs hurt Austal Australian fast ferry shipbuilder has seen interim results decline over 40% from a year ago.
Alam soars Malaysian offshore vessel operator sees profits jump 36% on large fleet and more contracts.
Broström to close down offices The board of Broström AB has proposed a new organisational structure for the Swedish-based tanker company, in connection with the merger of the activities with the Maersk Tankers activities
German Scandlines plan to cut 400 jobs The German ferry company Scandlines has informed the trade unions Transnet and NGG that up to 400 German jobs may be in danger until the end of 2010 due to
New WWL-vessel in Göteborg Wallenius Wilhelmsen Logistics' (WWL) Tijuca is currently at Göteborg's Frihamn (Free Port). "The vessel will undergo warranty service and after that be loaded for a voyage to Melbourne where
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