Logistics hubs small on space, big on efficiency Both Singapore and the Netherlands have to bank on efficiency to compete as logistics hubs in their respective regions, Camiel Eurlings - the Dutch Minister of Transport, Public Works and Water Management - told BT yesterday.
Maersk to use cleaner fuel at HK berth Aiming to reduce noxious fumes in one of the most densely populated parts of Asia, the Danish shipping giant Maersk Line said on Tuesday that its ships would switch to low-sulphur fuel when at berth in Hong Kong - a move it hopes will help quicken regulation in Asia.
New head for Asia-Pacific region MAERSK LINE will have a new Asia-Pacific region head - Thomas Knudsen - from the start of November this year. Mr Knudsen, who will be based in Singapore, will report directly to Hanne Sorensen, Maersk Line's chief commercial officer.
Ceva Logistics renews its partnership with Honda Logistics Europe NV Supply chain management and logistics service provider Ceva Logistics has signed a three year renewal agreement worth EUR 6.7 million with Honda Logistics Europe NV. The latter is ...
Dachser expanding platform in Dissen (Germany) The global logistics provider Dachser announced plans to expand its Dissen location by a 12,000 sqm warehouse on the fifth anniversary of its food logistics branch at that location...
TDG invests GBP 1 million in new depot in Newport UK As part of its drive to reduce carbon emissions, the British logistics service provider TDG is investing more than GBP 1 million in a new cooling plant at its temperature-controlle...
Egypt: massive Investments in transport infrastructure Egypt's former transport minister, Mahamed Mansour announced that an investment of EGP 90 billion (USD 16.3 billion) would be made in the country's road, rail, port and waterway in...
Japan' ports want to regain hub status Over the next few years, the Japanese government has ambitious plans to substantially enhance the attractiveness of the country's ports, which are gradually being circumvented by l...
Hamburg Süd names the "Cap Jackson" in Manzanillo The German shipping company Hamburg Süd recently held a naming ceremony for the "Cap Jackson" in Manzanillo (Mexico). The vessel is the first of two identical containersh...
Strong traffic increase for Finnair in August The amount of cargo carried by Finnair grew by more than 43% in August, compared to the same month last year. In scheduled traffic, the cargo volume rose by more than 22%, and carg...
US import surge fades BOX RATES on the trans-Pacific routes peaked in July and are expected to weaken, the National Retail Federation has predicted in the US
US crude, LNG prospects diverge THE Energy Information Administration raised its forecast for US crude imports today, but significantly cut its LNG outlook
Union fears P&O sea layoffs MARITIME union Nautilus International told Fairplay today it fears that P&O Ferries might lay off seagoing workers
Crowley expands in Caribbean CROWLEY Maritime has acquired Puerto Rican freight broker Islandwide Air & Ocean to expand its Caribbean operations
MIS pockets $36.7M rig payment MARITIME Industrial Services, a UAE engineering group, said today it has received $36.7M from its client Petrodrill Offshore for jack-up rig KS Endeavor
Aker vessel wins ship of year THE AKER Solutions vessel Skandi Aker was today named international ship of the year for 2010
Seafarer from dredger sought A SEAFARER is still missing today from the Russian dredger Anabar, which hit rocks off the Sakhalin island of Moneron in the Sea of Japan last night
NavGas offers Wall Street a peek CEO of privately-held gas player confident in tying up ten vessels amid anticipated surge in LPG production.
Ultrapetrol mulls bulker buys CEO of Nasdaq-listed shipowner says bulker acquisitions could be in the cards despite recent sale of Princess Katherine.
Pirates on Magellan Star CMF silent on second Somali piracy attack but sources tip German containership as 'unidentified' vessel hijacked in the Gulf of Aden.
Scorpio bosses top off their tanks Emanuele Lauro and top brass at New York-listed tanker player splash over half-a-million bucks to snatch stock.
Seaboard seals fresh reefer run Miami-based liner arm of US-listed Seaboard Corp steals another slice of Central American container trade with new Belize loop.
Olib G hijack confirmed No word on condition of eighteen crew onboard Greek chemical tanker snatched by pirates in Gulf of Aden.
Tsakos builds charter cover Greek owner fixes handysize products tanker for three years into South America.
Rolls-Royce seals Fjord1 deal Power systems giant to supply engines and thrusters to world's biggest LNG-fuelled ferry.
Greek tanker feared seized Chemical carrier Olib G and another ship understood to have been hijacked as Somali pirates end month-long break.
U-Ming takes wing in first half Taiwanese bulker owner has boosted revenue and profit in better markets.
ANL ship rescues fisherman Australian boxship spots man adrift in tuna boat off Papua New Guinea for three weeks.
VLCC master fears food shortage Captain of hijacked Samho Dream flags worsening conditions in past week before crude pirate cuts call.
Alaskan cruise line sold New Cruise West bookings suspended as six-ship family-owned fleet to be restructured.
Khalijia 3 blamed for collision Indian bulker mostly at fault for clash with MSC boxship that caused pollution off Mumbai.
Force majeure at Kiwi port Coal exports from New Zealand's Lyttelton Port have been disrupted by recent earthquake.
Antwerp forges Panama ties Belgian port hoping to boost South American trade with cooperation deal with Canal authority.
BWO wins BMG payment Norwegian offshore player set to receive settlement over failed Australian FPSO project.
Maersk leads the way in HK Danish line switching to low-sulphur fuel while vessels are in Hong Kong in bid to speed up green legislation.
NorthLink spared cuts pain Lifeline ferry services to Scottish islands safe for another year thanks to efficient operation.
Investors back Yangzijiang Shipyard's depository receipts soar as it becomes first Chinese company to list in Taiwan.
Hedland in China dip Iron exports from the world's largest bulk exporting port rise slightly, but China volumes fall 15%.
ESL Shipping's newbuilding named The 18,800 DWT bulk carrier under construction for ESL Shipping at ABG shipyard in India has been named Alppila. The vessel is ice strengthened, fulfilling the regulations of the highest
Maersk switches to low sulphur fuel Maersk Line will commence using low-sulphur fuel in their engines while at berth in Hong Kong, the company's emissions of sulphur oxides (SOx) and particles will be reduced by
Seven Somalis convicted for piracy Seven Somalis have been sentenced to five years in prison, respectively, for acts of piracy, the EU Navfor reports. The pirate gang attacked the German Navy tanker FGS Spessart on
Prices firming in Rotterdam Tightness on heavy fuel oil stocks.
MEPC 61: Caribbean ECA proposal US proposal expected to reduce nitrogen oxides by 10,000 metric tonnes and sulphur oxides by 28,000 by 2020.
Fujairah 180 cSt IFO prices fall $10 Markets firming in Suez and Durban.
Fuel oil exports expected to fall St. Petersburg September volumes forecast to fall month-on-month.
Andatee secures loan from Chinese bank Bunker supplier says it will 'vigorously pursue' expansion.
Book review: Guide to Bunker Credit Risk 'Any fool can succeed in a rising market but it takes good management to steer through a falling one.'
Voluntary low-sulphur switch 'first step' to regulation 'We like regulation, it creates a level playing field,' says Hong Kong Shipowners Association.
Mid-week IFO prices largely firm Supplies 'tight' in Busan.
Shipping's CO2 challenge in the spotlight at GMEC 20% reduction target by 2020 mooted at UNFCCC 'would mean 40% reduction target' for shipping, which experts doubt is achievable.
Current LNG cost 'half that of heavy fuel oil' GL outlines how obstacles to LNG could be overcome; admits size of fuel tanks would mean 'significant sacrifice' of cargo space.
Hard to improve 'devastatingly efficient' transport mode Global Maritime Environmental Congress in Hamburg hears how ships have become 97% more fuel efficient since they first began to use fossil fuels.
Japanese bunker supplier merges with distributor October 1 merger will result in name change, says Petro-Diamond Japan Corporation.
International supplier expands operations to Africa New office in South Africa gives group greater access to 'fast developing' oil activities in the continent.
Sinopec Fuel Oil to set up regional sales office Wuhan-based regional sales arm to oversee domestic operations, company source says.
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