Turkish MV Horizon 1 Released by Pirates

October 7, 2009

The Turkish flagged ship with 23 Turkish crewmembers was hijacked July 08 in the Gulf of Aden on the way from Saudi Arabia to Jordan. NATO TF 508 Turkish warship TCG GEDIZ is escorting the ship which is processing north away from the anchorage.

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

Subscribe for Maritime Logistics Professional E‑News

Heathrow Airport in the UK increases revenue forecast by nearly $5 billion due to a rebound in travel demand
Ivory Coast targets 50% cocoa production locally within two years
Sources say that Russia's daily oil exports to its western ports will drop by 3% in July.