Baltic index hits 2-month high The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, hit fresh two-month highs on Monday, but brokers said cargo demand needed to rise to maintain this momentum.
Takeover of Forth Ports hinges on land bank Undeveloped land owned by Forth Ports has emerged as the wild card in the company's valuation as a group of shareholders attempt to take Britain's last remaining listed port operator private.
Strait Talk
A chance to quiz the experts IN A WEEK'S time, the Singapore Expo should be buzzing as Asia Pacific Maritime (APM) 2010 gets underway. I suspect the organisers have been lucky with their timing.
Motoring
NY taxi drivers fix meters to overcharge fares About 3,000 taxi drivers here routinely overcharged riders over two years by surreptitiously fixing their meters to charge rates that would normally apply only to trips outside the five boroughs, according to the city's Taxi and Limousine Commission.
Baltic index hits 2-month high The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, hit fresh two-month highs on Monday, but brokers said cargo demand needed to rise to maintain this momentum.
Takeover of Forth Ports hinges on land bank Undeveloped land owned by Forth Ports has emerged as the wild card in the company's valuation as a group of shareholders attempt to take Britain's last remaining listed port operator private.
Strait Talk
A chance to quiz the experts IN A WEEK'S time, the Singapore Expo should be buzzing as Asia Pacific Maritime (APM) 2010 gets underway. I suspect the organisers have been lucky with their timing.
Motoring
NY taxi drivers fix meters to overcharge fares About 3,000 taxi drivers here routinely overcharged riders over two years by surreptitiously fixing their meters to charge rates that would normally apply only to trips outside the five boroughs, according to the city's Taxi and Limousine Commission.
Baltic index hits 2-month high The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, hit fresh two-month highs on Monday, but brokers said cargo demand needed to rise to maintain this momentum.
Takeover of Forth Ports hinges on land bank Undeveloped land owned by Forth Ports has emerged as the wild card in the company's valuation as a group of shareholders attempt to take Britain's last remaining listed port operator private.
Strait Talk
A chance to quiz the experts IN A WEEK'S time, the Singapore Expo should be buzzing as Asia Pacific Maritime (APM) 2010 gets underway. I suspect the organisers have been lucky with their timing.
Motoring
NY taxi drivers fix meters to overcharge fares About 3,000 taxi drivers here routinely overcharged riders over two years by surreptitiously fixing their meters to charge rates that would normally apply only to trips outside the five boroughs, according to the city's Taxi and Limousine Commission.
No dangerous goods embargo during World Cup The organising committee of the football World Cup that is taking place in South Africa in June and July has reassured the industry that there will be no embargo on transporting da...
Logwin focusing on Solutions and Air + Ocean The Grevenmacher (Luxembourg)-based logistics corporation Logwin generated a turnover of EUR 1.113 billion from continuing business operations (2008: EUR 1.408 billion). Cuts in pr...
DHL extends contract with BP in UK DHL Supply Chain has been awarded a four-year contract worth GBP 75 million to manage the UK warehousing and distribution of dry goods and chilled produce for BP's UK convenience r...
Gillhuber lands new contract from BMW The service provider Gillhuber Logistik is stepping up its collaboration in the logistics services sector with the German BMW group. From April this year, Gillhuber Logistik GmbH w...
Rail Cargo Austria sees sales collapse Rail Cargo Austria (RCA), the railfreight subsidiary of the Austrian state railway ÖBB, reported a EUR 500 million drop in sales in business year 2010. The result was not so drasti...
CTL starts hauling Fiat cars from Poland to Germany The rail service provider CTL Logistics began to haul Fiat vehicles from the Italian car maker's plants in Tychy (Poland) to Germany in February. An average of three full trains pe...
Another Gottwald harbour crane for Suriname Integra Port Services recently ordered another HMK 260 E from Gottwald Port Technology for deployment in the public terminal in the river port of Paramaribo (Suriname). This fourth...
New MK Airlines handling agent in Johannesburg MK Airlines, a UK-registered cargo airline operating a fleet of Boeing B747 freighter aircraft, has appointed Aero-Link Consulting as its handling agent in Johannesburg (South Afri...
Across-the-board increases for Hong Kong airport in February Hong Kong international airport's cargo throughput, boosted by strong Chinese New Year traffic, registered year-on-year growth of 30.1% in February, reaching 257,000 t. Imports jum...
Santiago de Chile international airport again operating efficiently, says LAN The Latin American carrier LAN Airlines has reported that Arturo Merino Benitez international airport in the Chilean capital of Santiago is once again operating efficiently, althou...
Putin defends Arctic claim PRIME Minister Vladimir Putin has defended Russia's claims to the shipping-vital Arctic continental shelf, IHS Global Insight reported today
Optimism put back in the box THE PERIOD market for box ships has been warned that the pick-up in timecharter rates should not be misread as a steady upward trend's beginning
'Cat fines' claims rising CLAIMS against insurers from 'cat fines' are increasing, a marine investigator told a London conference today
Clock's ticking for TBS BULKER and 'tweendecker operator TBS International's loan-covenant waivers expire on 1 April, possibly forcing it to tap alternative financing to pay off debt
Danger! Too much information MARINERS are grappling with too many different chart and information manufacturers and too many onboard pieces of kit, an industry specialist said today
Norovirus again for Mercury US HEALTH authorities have urged Celebrity Cruises to get its virus-plagued cruise ship Celebrity Mercury into port for four days of inspections
HSH sees 2011 turnaround GERMAN shipping finance giant HSH Nordbank said today it expects to record profits next year after reducing its losses from €2.8Bn ($3.8Bn) to €679M last year
Number of idle container ships falls The number of idle containerships continued its slide over the last two weeks with 474 units, 1,22 million TEU in total, recorded to be idle on 15 March, according to
South Korea's plan to introduce next generation ships by 2015 Early implementation of new technologies such as fuel cells give country's shipbuilding industry a competitive advantage.
Prices fall across Europe Meanwhile, NYMEX showing gains of more than $1 in early trading.
Compass appoints two new bunker brokers Susanne Newman has vast experience and knowledge, while Darren Middleton will add value to German customers.
Prices weaken in Fujairah, Durban Good avails and demand in Fujairah.
Ecospec presentation will be held in Vancouver A chance to find out more about this revolutionary new scrubbing technology.
Singapore power plants burning more fuel oil Reports say Indonesia is cutting exports of natural gas.
Market analysis: Bunker price gap to crude widens March seeing bunker prices lag behind increases in oil values.
Polar Tankers agrees to pay $588,000 for 2004 oil spill Settlement funds will be used to restore Puget Sound.
Fujairah bunker prices fall closer to Singapore Saudi Arabian refinery offers second 380 cSt fuel oil cargo in two days.
Singapore 380 cSt price at five-week low Both prices and demand weak at other key Asian ports.
CSAV sees 47.4% increase in February box volumes Total volumes lifted for the year-to-date higher than the corresponding period in 2009 and 2008.
South China to see lower March fuel oil imports On the back of a slow recovery in the bonded bunker market.
Will CSNOx system be 'silver bullet' for the shipping industry? By allowing operators to continue using cheap heavy fuel and still meet the most stringent emissions regulations.
KPI Bridge Oil appoints Chief Accountant Samantha Ngo has seven years of experience working in the bunker industry in Singapore and Asia.
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