Japanese navy on standby for deployment to Somalia Japan yesterday ordered its navy to start preparations for deployment in waters off Somalia, becoming the latest nation to step up the fight against pirates in the lawless African nation.
Development zone at Caofeidian takes shape China's port construction, steel and power giants will pour 192.9 billion yuan (S$42.5 billion) for infrastructure construction in Caofeidian, an island- turned development zone in the Bohai Bay in north China, according to the city government of Tangshan, which administrates the zone.
Tanker rates seen falling till Q4 as demand stays flat General Maritime Corp, the second-largest US owner of oil tankers, expects tanker rates to fall until the fourth quarter as demand for crude shipments stays near current levels and new supertankers enter the world fleet, chief financial officer Jeff Pribor said.
Nurminen Logistics and Transgarant to collaborate This month (January), the Finnish service provider Nurminen Logistics and the Russian company OOO Transgarant, part of the Fesco group, signed a seven-year contract covering a stra...
Palletforce opens new hub in UK The UK's largest pallet distribution centre in Burton-on-Trent, Staffordshire will be officially opened this month (January) - following a GBP 30 million investment by Palletforce....
Werner Enterprises increased profits in Q4/2008 The Omaha NE-based US transport and logistics service provider Werner Enterprises posted a 20% increase in profits in Q4/2008 despite a 7% drop in revenues due in part to fleet siz...
Mlog Logistics building W'rth logistics centre in Switzerland The intra-logistics provider Mlog Logistics has expanded W'rth International's logistics centre in Landquart (the Grisons, Switzerland). Mlog added two more alleyways to W'rth's hi...
New air cargo plan for India The consultancy firm Price WaterhouseCooper is creating a ten-year Indian air cargo development plan on behalf of the Airports Authority of India.
FedEx delays hub opening The US express service provider FedEx will open its new USD 300 million hub at Piedmont Triad International Airport NC (USA) in autumn instead of summer of this yea...
Cathay Pacific adding flights Despite the crisis, the Hong Kong-based airline Cathay Pacific is to increase the number of flights it offers to three key destinations ' Paris (FR), Shanghai (CN) and Jakarta (ID)...
Hong Kong: air cargo dropped by 3% in 2008 The volume of airfreight passing through Hong Kong dropped by 3.1% last year, compared with 4.5% growth in 2007, Hong Kong International Airport (HKIA). In December 2008, cargo thr...
Port of Taipei plans massive expansion As trade with China is expected to boom, Taiwan's port of Taipei is planning to invest USD 558 million over eight years in an expansion scheme that will create an alternative to th...
Beijing airport wants to sell stake in Air China Cargo Capital Airports Holding Co, operator of Beijing Capital Airport (China) wants to sell a 24% stake in Air China Cargo. The net asset value is estimated at RMB 798 million. A p...
Evergreen Line launches new Greek shuttles Evergreen Line (Taiwan) launched two new regional feeder services, linking the Mediterranean hub port of Taranto (IT) to Piraeus and Thessaloniki (both in Greece), in late January....
Lower import duties for clean trucks in Russia The Russian government plans to exempt imported trucks with low emission Euro 4 and 5 engines from customs duties. The import duty for commercial vehicles was raised by 30% on 12 J...
Norfolkline reduces number of vessels In view of the current global economic climate and the consequent drive for efficiency, Norfolkline, a European multimodal short sea carrier with headquarters in Scheveningen (Neth...
MOL and Gulf LPG start VLGC pool The Tokyo (Japan)-based shipping line MOL announced the formation of a very large gas carrier (VLGC) pool called LPG Global Transport, along with Gulf LPG Transport Company of Qata...
Maersk, CMA CGM join on USEC-Med Carriers join on new WestMed VSA, will remove 2,900 TEUs from weekly trade, add direct calls at Malta and Port of Miami
APL volumes plunge
ICL adds Wilmington call
CMA CGM raises rates for India-East Africa services
Box terminal for Vlora port
UASC starts India-ME loop
Maersk adjusts NCX service
France faces freight chaos
JAL cuts LA cargo flights
PNW ports expand program to lower diesel emissions
Don Welch, longtime S.C. port director, dies at 78
Japan to send warships to Somalia The Government of Japan will deploy a number of warships off Somalia to fight the flourishing piracy, BBC reports. However, it's still unclear how many ships that will be deployed
All time high for Ports of Stockholm A record was noted in 2008 when 11.7 million passengers travelled through Ports of Stockholm, up four per cent from the year before. The passengers travelled in the Baltic
Suez loses traffic as vessels take the long route The liner carrier CMA CGM is considering to by-pass the Suez Canal and instead sail round the Cape of Good Hope on several of its services. The measure could
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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