The Competition Commission of India plans to call on shipping lines engaged in the Europe-Asia trade to refrain from fixing freight rates and issuing advisories to members on freight rates.
Japanese shipping giant MOL says that its Technology Research Centre has successfully tested a water-based antifouling treatment, called Water Coat, on six ferries.
Northport (Malaysia) Bhd, owner and operator of all port facilities and services on the mainland of Port Klang, has been named the 'Best Brand in Logistics-Ports' at the BrandLaureate Awards 2008.
Top-Heavy stacking on deck is causing increasing numbers of containers to be swept overboard as shipping lines take more onboard than they should in last minute loading in the face of rocketing fuel prices, says a new study.
Multi-Trade shipowner Safmarine has commenced a regular, multi-purpose vessel (MPV) service between Asia and West Africa.
Taiwanese container shipping company Yang Ming took delivery of its 8,200-TEU ship from CSBC Corp. Taiwan at the Kaohsiung Shipyard.
Forwarder and logistics services provider Topocean Group-Singapore has recently signed a Memorandum of Agreement with Swift Global Logistics to become an authorised sales agent of its Sea Air Model (SAM), Swift's multimodal combined transport service.
The Georgia Ports Authority (GPA) has announced the re-election of Stephen Green as chairman of the board.
The European Shippers' Council (ESC) is holding its annual Shipper Forum in Oslo, Norway on October 16.
Hong Kong played host to Sino-International Freight Forwarders Conference for the first time when the fifth meeting of the annual event was held from June 21st to 24th in the Asia World - Expo near the Hong Kong International Airport.
N0 Longer at loggerheads the European Shippers' Council (ESC) and European Liner Affairs Association (ELAA) are presenting a united front in voicing support for the final Guidelines published and adopted by the European Commission.
Eager to hang on to the recognition of operating the world's largest containership fleet, Denmark's AP Moller-Maersk is flexing its muscles with its latest purchase agreement for sixteen 7,450-TEU ships from Daewoo Shipbuilding and Marine Engineering Co. in South Korea.
China Merchants Energy Shipping Co Ltd said first half net profit is expected to have risen by over 80 pct year-on-year.
Shanghai International Port (Group) Co Ltd said it plans to issue 4 bln yuan worth of 365-day debt on July 11.
Three months after opening its first UK office, Non Vessel Operating Common Carrier (NVOCC) CargoGulf has unveiled improved services from the UK to the Middle East. From today, the company has started direct services to Dubai, Abu Dhabi, Bahrain, Kuwait, Oman and Jeddah.
Port of New Orleans container throughput at 80,500 TEUs fell one percent in the first four months compared with the previous year.
Twenty-nine ports in the US states of California, Oregon and Washington are threatened by work stoppages as the unions and the employers failed to agree on a new employment contract, the Financial Times reports.
In London, the August Brent Crude contract was up $1.82 on July 3 to $146.08 per barrel on the ICE Futures exchange. Light Sweet Crude for August delivery climbed $1.72 to $145.29 on the New York Mercantile Exchange, Finmarket reports.
The Kerala High Court on Thursday dismissed a writ petition filed by Zoom Developers against the State Government and Vizhinjam International Seaport Ltd for disqualifying the proposal submitted by the consortium for construction of the Vizhinjam Deepwater Seaport and International Transhipment Container Terminal.
Damco, Maersk's freight forwarder, is celebrating its first anniversary as a global forwarder this month.