BOTH Kuehne+Nagel (K+N) and DSV, prominent air freight forwarders, experienced a downturn in cargo volumes, revenues and profits during the second quarter, reports London's Air Cargo News.K+N, ...

GERMAN air forwarding giant DHL posted a 32.6 per cent first half year-on-year net profit decline to EUR1.88 billion (US$2.05 billion) drawn on revenues of EUR41 billion, down 12 per cent."The...

JAPAN's NYK Line has announced that its 49,035-ton wood chip carrier Daio Astral uses biofuel to reduce CO2 emissions and had transported cargo using biodiesel fuel to Vietnam.This was the firs...

CHINESE shipbuilders have secured substantial orders for large containerships from global shipping giants for the first time, reports Soeul's BusinessKorea.The Chinese government has played a p...

THE 15,000-TEU Singapore-flagged Maersk Houston broke off her moorings at Koper Port, Slovenia, when strong winds gusting up to 130 kilometres an hour struck, reported Rostock, Germany's FleetM...

THE Panama-flagged 18,549-dwt car carrier Fremantle Highway that caught fire last week off the coast of the Netherlands has arrived at the northern Dutch port of Eemshaven for salvage, Reuters repo...