IE Singapore touts Busan port as N-E Asia hub SINGAPORE companies keen to get into the North- east Asian market and that want a good base to hub from were given an introduction to the advantages that South Korea's Port of Busan can offer at a seminar organised by IE Singapore yesterday.
Mid-East VLCC surplus halves The supply of supertankers competing for two million barrel shipments of Middle East crude more than halved as demand gained and owners sent empty vessels to West Africa for higher returns.
Array of ship protection devices crops up Somali pirates raked in an estimated US$60 million in 2009 but the Indian Ocean's ransom hunters have also spurred a much larger industry of ship protection devices.
Asia holds the key to future of shipping markets
Strait Talk
Avoiding maps of contention MUTUAL insurer International Transport Intermediaries Club (ITIC) says there has been an increase in the number of professional indemnity claims made against professional service providers who are its members.
IE Singapore touts Busan port as N-E Asia hub SINGAPORE companies keen to get into the North- east Asian market and that want a good base to hub from were given an introduction to the advantages that South Korea's Port of Busan can offer at a seminar organised by IE Singapore yesterday.
Mid-East VLCC surplus halves The supply of supertankers competing for two million barrel shipments of Middle East crude more than halved as demand gained and owners sent empty vessels to West Africa for higher returns.
Array of ship protection devices crops up Somali pirates raked in an estimated US$60 million in 2009 but the Indian Ocean's ransom hunters have also spurred a much larger industry of ship protection devices.
Asia holds the key to future of shipping markets
Strait Talk
Avoiding maps of contention MUTUAL insurer International Transport Intermediaries Club (ITIC) says there has been an increase in the number of professional indemnity claims made against professional service providers who are its members.
Norbert Dentressangle welcomes Black Sheep Norbert Dentressangle has been appointed to handle national warehousing and distribution for the Black Sheep brewery. Established in 1992, Yorkshire-based Black Sheep was formed by...
ICF Transit turns 20 The French freight forwarder ICF Transit celebrated its 20th anniversary in January. The customs clearance and sea and air freight services specialist was founded in 1990 and is he...
Lobraco Akademie opens Leipzig office Lobraco Akademie, a German advanced training group, opened a new Leipzig office on 1 March. The Winningen-based entity is further expanding at key transport and logistics industry ...
Scania wins Autologic deal Truck maker Scania won a deal with Autologic to manage its mixed fleet of trucks and specialist trailers from 1 March. Autologic provides nation-wide logistics and technical servic...
Romania's national railway axes 10,300 jobs The Romanian government has made 4,000 out of its 78,000 workers redundant at the state-owned railway CFR. Another 6,300 jobs are to be axed in April. The railfreight division CFR ...
27th edition of Europe SITL, Paris, 23-26 March SITL Europe 2010, which is taking place between 23 and 26 March at the Parc des Expositions ' Paris-Nord Villepinte (France), offers the entire national and international transport...
Germany reports less foreign rail traffic Germany's federal statistical office (Destatis) reported that 312.1 million t of goods were carried on the country's rail network in 2009. This equates to a 15.9% drop, the biggest...
Agreement to continue the A400M project Buyer nations that had contracted to purchase the A400M military transport plane came to an agreement with industry about the fundamental financing of the military aircraft and the...
Fortune magazine honours seven trucking companies Fortune magazine has chosen seven trucking, transportation and logistics companies to be part of its Most Admired Companies list, which contains 346 organizations. C.H. Robinson Wo...
African Union demands air embargo over Somalia The African Union, which maintains the peace-keeping force (Amisom) in Somalia, has asked the United Nations to impose a total no fly zone and port blockade against Somalia in orde...
CMA CGM to raise US export cargo rates The CMA CGM group will raise freight rates for cargo shipped from the USA to Asia, the Middle East and the Indian Subcontinent on 15 March. Rates from the USA's east...
Koper, Ravenna, Trieste and Venice set up North Adriatic Ports Association The presidents of the ports of Koper (Slovenia), Ravenna, Trieste and Venice (all Italy) have signed an agreement creating the North Adriatic Ports Association (Napa). The por...
Throughput down in Barcelona Throughput in Spain's port of Barcelona fell by 17% to 42 million t in 2009. International trade accounted for 28.4 million t, 8% less than in 2008. Traffic improved in Decemb...
US box imports rebound IMPORT volume at major US box ports is expected to increase 13% this month, compared with March 2009, the National Retail Federation said
2 oil majors to halt Iran deals TWO GLOBAL oil and fuel traders have decided to stop selling refined products to Iran, even as France's Total Oil was cited as violating US sanctions against Tehran, IHS Global Insight reported today
Trade transitions forecast WORLD economies and trade face five key transitions over the next two decades, IHS CERA has outlined
Iraq poised for upswing IRAQ WILL play a much larger role in oil exports over the next decade, speakers have told the CERA Week energy conference in Houston
ELAA records volumes rise VOLUMES rose on almost all European box routes in January, compared with same month last year, the ELAA said today
IMO raises lifeboat standards THE IMO has approved improved lifeboat safety standards, which are particularly aimed cutting accidents during drills and inspections
Caribbean surcharge planned CARIBBEAN shipowners will charge a peak season fee this autumn because of berth congestion expected during high season
DFDS stays in black despite the global crises DFDS manage to stay in black figure after a troublesome 2009 with dramatically fall on most of the groups core market. The final result was a profit of DKK
Maersk caught between Argentina and Great Britain A. P. Møller-Mærsk seems to be caught in the middle of an international crisis between Argentina and Great Britain and their old dispute over the sovereignty of the Falkland
Stena Line in vessel shift Stena Line has decided to switch vessels on the Gothenburg'Kiel run. Once the newbuildings are delivered to the Hoek van Holland'Harwich run the vessels from the English Channel
Global 'net surplus' of residual fuel oil Regional shortages have occurred but global supply should outpace demand, says Poten & Partners.
Falling prices in Rotterdam, Hamburg Prices lack direction in South Europe.
Prices weaken in Middle East Some players reporting tight distillate stocks in Fujairah.
Marine pest may hold key to biofuel breakthrough Scientists examining if unique enzyme could enable conversion of biomass into fuels.
New trader for KPI Bridge Oil Singapore office
Asian bunker prices mixed Singapore, Hong Kong 380 cSt product prices down while Tokyo rises
Chemoil, Hanjin Shipping may build bunker terminal in Korea Busan Port Authority reveals potential candidates for project at Busan New Port.
'One of world's largest' shipping firms to use new bunker trading platform Internet-based platform not 'going live' yet to satisfy demand from participants to add more ports and functionality.
ABS issues 'comprehensive' analysis on 0.1% sulphur operation Problems anticipated with improperly planned fuel switching procedures and sustained operation.
Evergreen to post 'small profit' in 2010 Plans to raise freight rates on main trading routes.
SkySails trial system onboard Germany's largest fishing vessel Initial tests will adapt the fuel saving kite propulsion technology to meet the needs of the fishing industry.
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