Keppel unit signs MOU with Norwegian marine research body KEPPEL Offshore & Marine Technology Centre (KOMtech) and the Norwegian Marine Technology Research Institute (Marintek) signed a memorandum of understanding (MOU) on Saturday to collaborate on the development of technologies and training opportunities.
EU force tracking hijacked Norwegian tanker The European Union's (EU) anti-piracy mission said on Saturday it was tracking a hijacked chemical tanker off east Africa as Turkey and France announced the capture of 29 suspected pirates.
Hans Hickler new Asia-Pacific CEO for Agility Agility appointed Hans Hickler CEO for the Asia-Pacific region on 2 March. Wolfgang Hollermann, the previous CEO, became advisor to Essa Al-Saleh, the president and CEO of Global I...
Gary So new Menlo managing director for North Asia Menlo Worldwide Logistics is sharpening its focus on the Chinese market and to this end has named veteran industry executive Gary So as its new managing director for North Asia, in...
Hamburg Süd able to operate normally in Chile The ports Hamburg Süd serves in the north of Chile, that is Iquique, Antofagasta and Port Angamos, are fully operational. In Valparaiso the container terminal used by Hamburg Süd i...
New World Alliance revamps transpacific service APL, HMM and MOL, the members of The New World Alliance (TNWA), are planning to revamp the Pacific Southwest Express (PSX) service. TNWA will add one ship to the PSX route on 15 Ma...
A.P. Moller-Maersk reports loss The Danish shipping corporation A.P. Moller-Maersk made a USD 1 billion loss in 2009. One of the main causes lies in the fact that the group was significantly affected by the globa...
Toll rises on Polish motorway A2 Autostrada Wielkopolska, a Polish motorway operator, increased the toll for small trucks on the A2 on 1 March. Two-axle vehicles without twin tyres will now pay PLN 12 (about EUR 3...
Rhenus Tetrans strengthens Canary Islands activities The Spanish enterprise Rhenus Tetrans, which is part of the international Rhenus group, has strengthened its presence on the Canary Islands by opening a new logistics centre in San...
Kuehne Logistics University founded The Kuehne School of Logistics and Management, which is wholly owned by the Kuehne Foundation, has founded an independent private scientific university for logistics and management...
Global Logistics Experts expanding apace Global Logistics Experts, a platform for logistics consulting companies and individuals, has been expanding its membership in the last twelve months, with the following new members...
Gist acquires G&S International The UK logistics provider Gist has taken over the Scottish temperature-controlled distribution operator G&S International. G&S International, which is an important transpor...
Port of Tanjung Pelepas reports growth in 2009 The port of Tanjung Pelepas closed 2009 with a container throughput of 6 million teu, which was 7.5% more than 2008. The growth was achieved against a backdrop of shipping lines an...
Baltic Container Conference, Gdansk, 9-10 March The fourth edition of the Baltic Container Conference is being held in Gdansk (Poland) on 9 and 10 March. The event's key topic is "Interrelations and multidimensional signifi...
United Airlines schedules first nonstop service to Africa Chicago-based United Airlines has scheduled its first nonstop service to Africa, with a daily service linking Washington DC with Accra, the capital of Ghana, from 20 June.
BAWC reports strong February British Airways World Cargo (BAWC), the freight division of British Airways, recorded a strong increase in freight business in February. The carrier increased its traffic performan...
Jet Airways appoints GSA in South Africa The Indian airline Jet Airways has appointed Africa Airline Services as its GSA in South Africa. Jet Airways is launching a daily nonstop service between Johannesburg (South Africa...
IRU allocates funds to UN road safety efforts The International Road Transport Union (IRU) has committed USD 2 million to improve commercial road transport safety, in support of the UN's road safety action decade. The IRU stat...
11 pirate suspects detained EU NAVFOR today detained 11 suspected pirates and destroyed two of their vessels in the southern Indian Ocean
Beluga's profits plummet GERMAN project carrier Beluga's operating profits reportedly plunged last year to €20M ($21.18M), from 2008's €70M, as the recession hit the heavy-lift and general cargo markets
Tanker hijacked in Indian Ocean A MARSHALL Islands-flagged product tanker has been hijacked in the Indian Ocean, a security source has told Fairplay
China plans berth for VLOCs CHINESE terminal operator Zhanjiang Port Group reportedly plans to build a berth that can handle ore ships of up to 400,000dwt in Guangdong province
NCL poised for price rise NCL IS the second North American cruise brand to announce a price rise as a result of stronger bookings than expected since the beginning of the year
UM chief backs sea motorways THE UNION for the Mediterranean's first general-secretary began his three-year term today by promoting the EU's sea motorways scheme
Vinashin faces May inspection VIETNAM'S government has reportedly revitalised plans to investigate shipbuilder Vinashin
Building bridges over troubled waters? Held within the shadow of the Port of Long Beach's 22% 2009 box downturn, and against the backcloth of the transpacific liners' nightmare cumulative USD15 billion loss-making 12-months, the JOC's 10th Transpacific Maritime Conference (TPM) this week degenerated into a war of words between shippers and carriers.
K Line teams up with MOL on Japan/USWC in cost cutting initiative
STX Europe to build new shipyard in Brazil STX Norway Offshore has signed a letter of intent with its Brazilian partner PJMR to build a new shipyard in Fortaleza in Northeastern Brazil. STX invests about USD 100 million
Livanos quits Odfjell The second largest shareholder in Odfjell SE, ChemLog Holdings owned by Greek Livanos family, has sold practically its entire stock of 16 per cent in the company. The exit was
Laid up Superflex sold to Cyprus The last Danish owned Superflex ferry Troll, ex Viire, will shortly leave Denmark for Mediterranean waters for a new life on the isle of Cyprus. The ferry, owned by K
DKK not USD on sale of chemical tanker The sale of the chemical tanker Dover, previously owned by Swedish Elgar Shipping, did not reach the high price reported earlier. "The auction price in the court was correctly 3
Monster waves kill two on cruise ship Two passengers, one German and one Italian, were killed and 14 injured when the Maltese-flagged cruise ship Louis Majesty was hit by abnormally large waves on Wedensday evening off
Quiet week for bunkers (mostly) Relatively narrow price range for trading, but firming prices expected early next week.
Week ends with differing price moves Not all markets following a jump in crude oil futures.
Bunker prices fall in Rotterdam NYMEX showing gains of more than $1 in early trading.
Middle East bunker prices weaken NYMEX showing gains for more than $1 in early trading.
Terrorist alert in Malacca Strait Singapore Navy warns of attacks on oil tankers.
Italian U-turn on sulphur regulation Trieste port's decision to accept no exemptions said to have followed advice from ministry.
Terminal concession 'worth' over $580 million Egyptian report says Port Said project has been awarded on a BOT basis.
Currents 'changed' at bunker anchorage Call for investigation into direction and flow of currents at Singapore anchorage.
Hong Kong bucks downward trend Bunkers in other key Asian ports mostly weakened.
Survey to review Bunkerworld website, services Participants can win a Mont Blanc ballpoint pen.
Brightoil not paying dividends to bolster expansion plans No cash payout despite 155% surge in profit attributable to shareholders.
Titan further extends exchange offer deadline Conditions to close the offer, which is intended to help overcome 'deteriorating financial position', have not been met.
WFS maintains quarterly cash dividend But is half the payout for Q2 2009.
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