Cargo ship to make historic Arctic voyage The MV Nordic Barents is lugging 40,000 tonnes of iron ore from Norway to China on an Arctic Ocean shortcut through melting ice - and is making a little history in the process.
Geodis: higher sales and profit in H1 The French transport and logistics company Geodis boosted its H1/2010 turnover to EUR 3.113 billion, a 37.1% increase compared to the EUR 2.271 billion generated in the first half ...
DHL introduces modular packing stations DHL Paket, a subsidiary of the German mail service provider Deutsche Post, wants to increase its packing stations' capacities substantially at 45 locations in big German cities. Th...
Germany: Hellmann phases in new hub for Turkey Hellmann Worldwide Logistics, a global logistics service provider based in Germany, officially inaugurated a new main hub for Turkey in Bielefeld on 1 September. The f...
ACI reports slower traffic growth ACI World's monthly FreightFlash, which is based on a significant sample of airports that provide regular monthly reports to ACI and represent approximately 70% of total airfreight...
Air China and Cathay Pacific cargo JV approved by Chinese commission The Chinese national development and reform commission has approved Air China's plan to set up a joint air cargo venture with Hong Kong's Cathay Pacific airline. The two airlines o...
CMA CGM satisfied with first half of 2010 France's CMA CGM, the world's third-largest container shipping group, has pronounced itself satisfied with the financial results for the six months ending 30 June. The recovery tha...
Eurogate going strong The Eurogate container terminal in Hamburg has handled 33,333,333 teu in the last 40 years. The jubilee container was shipped on the United Arab Shipping Company's "Al Safat&q...
Evergreen launching new intra-Asian service The Evergreen Line is starting a new service in mid-September. The carrier said it will operate the service independently, deploying four 900 teu vessels on a 28-day rotation. The ...
US braces for gulf fire fallout MARINER Energy's platform fire could press US regulators to extend a drilling moratorium, Fairplay was warned today
Bank sees drybulk share rally A RALLY in drybulk shipping shares was predicted today by JP Morgan Chase, which pointed out that freight rates have rocketed 67% since mid-July
Japan ratchets up Iran pressure JAPAN today passed sanctions against Iran to press Tehran to think again about its nuclear programme, IHS Global Insight reported
Charleston plans terminal CRUISE and cargo operations would be separated and expanded under a Charleston scheme
Tipping tankers over bulkers INVESTORS have been urged to stress newbuilding box ships over second-hands, and tankers over bulkers
BDI winning streak continues THE BALTIC Dry Index today gained for a fourth consecutive day, driven by a surge in rates for iron ore-hauling Capesize vessels
DnB Nor tracks Asian market NORWAY'S DnB Nor bank has unveiled an Asian investment portfolio of shipping stocks as a research tool
Auramarine installs first ballast treatment system in Finland Auramarine installs the first ballast water treatment system in Finland. The system, called Crystalballast, has been developed by Auramarine and works with simultaneous filtering and treatment with UV light, no
BP Mexico gulf bill soars BP's costs for the oil response in the aftermath of the sinking of the platform Deepwater Horizon soars. The latest figures from the BP headquarters reveal that the bill has
Bunker markets ride out crude's price swings Prices settling down for marine fuel despite oil volatility.
Friday sees firmer figures Local factors driving markets, but mostly higher.
Statoil paves way for IPO of fuel retail unit Will be hold on to majority stake of new company that would include marine fuel sales.
Prices little changed in Rotterdam, Hamburg South European ports, meanwhile, see lower prices on Friday.
Fujairah prices bounce back Players facing tight barge schedules in Fujairah.
Report highlights environmental cost of LNG Biofuels offer only 'limited' scope for reducing shipping's emissions.
New contact for Russian supplier's Black Sea operations Trader at Novorossiysk office now handles regional enquires for Gazpromneft Marine Bunker.
Week ends with IFO prices largely down Demand for bunker fuel mostly average at key Asian ports.
Magazine: World 'better off' without bunker fuel Shipping industry 'sixth highest' greenhouse gas emitter after Japan.
WFS maintains quarterly dividend Q2 dividend unchanged from preceding quarter; reflects the 'two-for-one' stock split of its common stock.
SGX fuel oil 380 futures contract up 11.3% Volumes up 7,300 mt in August compared to the previous month.
Titan charters one bunker tanker, four chemical tankers Tankers will meet 'perceived' demand from Titan's storage business for chemicals, clean products.
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