Clipper Race fleet makes S'pore stopover THE Clipper 09-10 Round the World Yacht Race fleet made their grand arrival into the premier southern waterfront precinct of Keppel Bay on Saturday, and received a rousing welcome from over 1,000 spectators who cheered to the pulsating beats of 41 drummers.
Tanker collision causes oil spill in Texas waterway As much as 450,000 gallons (1.7 million litres) of crude oil may have spilled in a southeast Texas port when two vessels collided Saturday morning, but it's unclear whether that much actually leaked from the damaged tank, a US Coast Guard official said.
Scandlines launches new Travemünde-Ventspils link Scandlines has started a new service between Travemünde (Lübeck, Germany) and Ventspils (Latvia), deploying the "Urd" on the route. The 1,500 lane metre ro-pax vessel wil...
US to deploy high-speed ferry in Haiti Ray LaHood, the US transport minister, has announced that the US department of transportation's maritime administration has started preparing the ferry "Alakai", a combin...
Port of Antwerp freight volumes decline The port of Antwerp handled 157.8 million t of freight last year. This represents a drop of 16.7% compared to 2008, when slightly less than 190 million t were loaded and discharged...
UPS expanding global service parts logistics network UPS is significantly increasing its global service parts logistics network. It will establish 101 new field stocking locations in China. Brad Mitchell, president of UPS logistics a...
DHL Supply Chain and Debenhams extend contract DHL Supply Chain has extended a twelve-year partnership with Debenhams' department stores by three years. DHL's specialist fashion unit will continue to provide Debenhams with ware...
GAC Dubai attains Fidi-accredited status GAC Dubai is now a Fidi-accredited international mover (Fidi-Faimiso). This standard is the only global quality award for the international moving industry. The award follows a rig...
US air cargo traffic increased in November The Air Transport Association of America (ATA), the industry trade organization for leading US airlines, reported that US carriers' airfreight volumes (measured in cargo reven...
Broekman Air Logistics adopts new trade name Amsterdam (Netherlands)-based Broekman Air Logistics will operate under the new trade name Broekman Logistics Amsterdam from 1 February. The omission of "Air" from t...
Business impeded again at airports in southern Germany The international airports in Stuttgart and Munich (both Germany) had to cope with significant disruptions again this week. However, the weather was not to blame this time. A ...
Russian seaports continue to grow Russian seaports reported an overall throughput of 496.4 million t in 2009, an increase of 9.2% compared to 2008. The figures were recently announced by Russia's Association of Com...
Hoyer Group names new director of Chemilog business unit The Hamburg (Germany)-based Hoyer Group selected G'nter-Friedrich Maas to take over the management of its Chemilog business unit at the beginning of this year. This division manage...
Maximus Air Cargo carries Austrian Red Cross relief to Haiti Maximus Air Cargo, one of the largest UAE based air cargo solutions providers, recently carried Austrian Red Cross relief cargo to earthquake torn Haiti. The aircraft, an Ilyushin ...
Giant jet drops in on Zurich's Kloten airport The world's largest passenger aircraft, the Airbus A380, landed for the first time in Switzerland on 20 January. The A380 is spending two days at Zurich airport to undergo a series...
Only half of drybulk 2010 orderbook will be delivered this year Brokers forecast that 700 vessels due for delivery will be postponed
ITF calls for changes to seafarer wage model Union body argues existing formula has been more beneficial to employers than seafarers.
UK government seeks to deter use of armed guards onboard UK will refuse to approve Ship Security Plans that contain provisions for armed guards.
Neptune takes $47m hit on drillship sale Neptune Discover sold to PetroSaudi
French owners call for clear leadership on climate change Failure of Copenhagen summit has revealed the limits of the political approach to environmental regulation, says Christian Garin.
Chavez oil prospects surge THE US Geological Survey reported today that Venezuela's Orinoco Belt possesses far more recoverable oil than previously thought
Maersk axes FSO contract MAERSK Oil Qatar has exercised its right to cancel the contract for the floating storage and offloading vessel FSO Africa, which is jointly owned by OSG and Euronav
Security concerns for Haiti aid COMMERCIAL carriers donating supplies and transportation to Haiti are finding their efforts hindered by safety concerns
TEN sells two TSAKOS Energy Navigation today confirmed the sale of two 2003-built Aframaxes, the Marathon and Parthenon
African ferry link suspended A VITAL ferry service to the West African island nation of Sao Tome and Principe was today suspended for 15 days after the vessel was found to have technical difficulties
Union seeks pirate policy change NAUTILUS International has told Fairplay it hopes to alter the British government's policy on pirate ransoms at a meeting with UK Foreign Office officials on Monday
'Put pirates to the sword': 'no alternative but to pay' These were the diametric views expressed this week as the 2010 Year of the Seafarer risked being hijacked by the third consecutive; Year of the Pirate.
Kyla scrapped Greek-controlled bulker damaged in collision off Brazil is sent to the breakers for $205 per ldt.
Banks to pull out? Analyst says lenders could pull financing for FSO cancelled by Maersk, but OSG has liquidity to handle the blow.
WG gets Brazil gig WesternGeco hired to conduct the first multi- and wide-azimuth seismic acquisition off Brazil.
Aegean hiked Pair of analysts lift outlooks for New York-based bunkers supplier after company raises $130m to pay for string of acquisitions.
'Deal not dead' 'Discussions ongoing' to salvage Maersk Oil's FSO Africa deal with charter rate renegotiation possible.
WesternGeco up Schlumberger-controlled seismic player sees quarterly operating income jump 30% even as revenues slip.
NAT drops Nordic American Tanker's share price drops below offer level in early Friday trading.
Happier days Lazard Capital Markets brightens in long-term view on the container sector but banks will remain closed this year.
$50m fracas Corruption alleged as Abidjan judge allows local man to handle compensation for Probo Koala victims.
Double departure New York-listed Tsakos Energy Navigation admits to $80m sale of two aframax tankers.
Saade slump CMA CGM boxship snapped up by George Economou at staggeringly low price, brokers say.
It's quotes time Shipowners have bigger problems than Somali pirates and has OSG got the taste for bonds?
'Sell Stolt' DnB NOR Markets thinks Stolt-Nielsen's earnings will come under pressure from falling rates and higher bunker costs.
Ryujin rescue Crewman who sustained eye injury cutting metal on Japanese car carrier airlifted by USCG off Hawaii.
Troublesome trio Greek owner Tsakos Energy Navigation faces impairment charges of up to $25m on early 1990s built trio, CFO says.
FSO deal axed Euronav and OSG "contest the termination notice" on a jointly-owned FSO by Maersk Oil Qatar.
Yard hope Cagayan Freeport says several shipbuilders interested in setting up new yard at expanded Philippines terminal.
New5 in Numb3rs Giant Chinese bulker deal may leave overseas rivals out in the cold while Ex-Transfield pair try their luck with new Oslo-based dry-cargo venture.
Sevan splash Hedge fund Investec emerges as major shareholder at Sevan Marine.
Sevmash selling Russian shipyard in talks with Murmansk Shipping over two chemical tankers cancelled by Odfjell.
Drillship sold Rig owner Neptune Group offloads Neptune Discoverer to PetroSaudi after PdVSA dispute.
30 crew stranded Master of Russian reefer warns it could sink off Vladivostok after breaking down in icy waters.
Coveting coal India's Mercator wants to buy more mines in Indonesia to protect itself from cyclical nature of shipping.
Breaking the ice Swedish owner Transatlantic lining up $556m newbuilding contract for four icebreakers.
Waiting game Standard Chartered's head of ship finance Nigel Anton says banks reluctant to foreclose on loans until markets improve.
Fisher fender buy Expanding UK marine services company splashes out $4.8m on Australian Commercial Marine.
Aegean prices Nikolas Tavlarios-led bunker player sets price level for planned issue of up to 3.9m new shares.
Engine twist New Zealand inspector denies signing off engine audit of tragic Princess Ashika ferry in Tonga.
Russian run Start up St Peter Line launching ro-ro link to Helsinki from St Petersburg with former DFDS ship.
NATS plans issue Herbjorn Hansson-led suezmax specialist to issue fresh stock with eye on further acquisitions.
Exodus Government ferry from Port-au-Prince in huge demand as Haiti port due to re-open.
Kanhave to be replaced in 2011 Nordic Ferry Service will replace the ferry Kanhave on the Sams' route in the summer of 2011, the chairman of the board of Nordic Ferry Service, Per Gullestrup, has guaranteed
Tor Anglia sold for recycling in China DFDS Tor Line has sold its oldest ro-ro vessel, the Tor Anglia, for recycling in China for an undisclosed sum. The vessel is currently discharging its last cargo in
Workers on strike at Turku shipyard The workers at STX Finland Turku shipyard went on strike on Thursday, January 21. The strike will continue for the rest of the week. It is a protest against the
Seaport in Haiti capital reopens The largest port in the Haiti capital Port-au-Prince has reopened, the US Coast Guard confirms. The port was damaged in the devastating earthquake afflicting the country last week
Transatlantic looking at icebreakers in SEK billion class The Skärhamn-based shipping company Transatlantic may place a major order before the end of the year ' four large icebreakers at a total cost of SEK 4 billion. "We anticipate
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