|JULY 7, 2011|
- New shipping association chief backs hybrid solution to piracy
Patrick Phoon, the newly elected president of the Singapore Shipping Association (SSA), is backing a 'hybrid system' for tackling piracy, he said yesterday.
- PSA Int'l JV wins terminal concession in Saudi Arabia
A joint venture between PSA International and the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia - Saudi Global Ports LLC - has been awarded the concession for a container terminal at the King Abdul Aziz Port in Dammam.
- China acknowledges spill from north-eastern oil rig
Oil that spewed from an offshore drilling rig in north-eastern China for two weeks last month has spread over 829 square kilometres, government officials acknowledged on Tuesday, amid uproar over why it took so long for fishermen, local residents and environmental groups to be informed of the spill.
- Delays in building capesize ships fall to lowest in 3 yrs
|JULY 7, 2011|
- Drewry: Look to big carrier losses in 2011 as overcapacity rattles rates
- Asia to north Europe carrier statistics show poor performance in May
- SITC International Holdings quarterly profit up 7pc to US$25 million
- CSAV raises US$430 million in share sale to tide over losses
- Chilean box traffic prospects good as consumers drive economy: BMI study
- DHL offers new LCL service from Ho Chi Minh City to Hong Kong
- Saudi Arabia plans trans-desert railway from Jeddah to Dammam
- APMT in Rotterdam extends gate openings to avoid traffic jams
- Indian shipping expects 20pc rise in operational costs, owners hope to charter
- Jakarta air couriers strike over time lost de-stuffing boxes for screening
- Panalpina strengthens its cold chain for healthcare customers
- Abu Dhabi International Airport wins Air Cargo Award of Excellence
|JULY 7, 2011|
- A.P. Moller-Maersk joins World Ocean Council
- EU may ban Filipino crew
- Idle box fleet grows 20,000 TEUs in just two weeks
- Maersk Line orders 10 more 18,000-TEU vessels
- Ocean carrier schedule consolidation process to be easier with OceanSchedules Data Feed tool
- Penalties to accrue for failure to comply with EU Customs' ENS rule
- Schenker India introduces new enhanced direct LCL service to Austria
- India, Japan to operationalise CEPA from Aug. 1
- VIPM's first batch passing-out ceremony
|JULY 6, 2011|
- Glasgow airport charges Cambridge Consultants to solve wind farm radar interference
Cambridge Consultants, a part of the European innovation and high technology consulting group Altran, last week announced it has been selected by Glasgow Prestwick Airport to provi...
- Intrepid Aviation names Volker Fabian Chief Commercial Officer
Intrepid Aviation today announced that Volker Fabian has joined the company as its new Chief Commercial Officer. The appointment of Fabian is part of the continued expansion of Int...
- WABCO announces supply agreement for new generation of trailer air disc brakes
WABCO Holdings Inc., a global technology leader and tier-one supplier to the commercial vehicle industry, announced that it has entered into a long term agreement with one of Europ...
- Switzerland: Federal Council simplifies distribution of tachograph cards
In future hauliers and drivers are going to obtain the tachograph cards more easily and they will be less expensive. The cards are going to be newly and centrally issued by the Fed...
- No fatalities in train accidents in UK
According to the new Annual Safety Performance Report by Rail Safety and Standards Board Limited (RSSB), UK Rail continues to be one of the safest forms of transport. 2010/11 was t...
- Utilization tax for oceans?
According to scientists the protection of the seas could be promoted considerably with an international ocean tax. Marine researchers from Europe and the US recently suggested at a...
- TRW Automotive tenders logistics contracts via TICONTRACT
After mutual individual projects in 2010, TRW Automotive, one of the world's leading suppliers for the automotive industry, in future is going to tender their European logistics co...
- Gebrüder Weiss purchases wind farm
Gebrüder Weiss has completed yet another sustainability project. In June, the Austrian transport and logistics provider acquired a wind farm in northern Germany from an experienced...
- Koreans land in Khabarovsk
The Korean Incheon International Airport Corporation has acquired ten percent of the Russian airport Khabarovsk with the option to top up the package. The deal is estimated to have...
- Cargill reveals the name of the world's largest kite-powered vessel
Cargill has signed an agreement with Greek ship owner/manager Anbros Maritime S.A. (Anbros) to install the world's largest kite on its Aghia Marina dry bulk cargo vessel. The Aghi...
|JULY 6, 2011|
- Pirates set fire to tanker off Aden
- Aker Solutions to provide subsea equipment for expanded MWCC containment system
- SUNY Maritime to have its first woman president
- MHI completes modernization of Shimonoseki Shipyard
- ASL Marine books OSV orders for eleven vessels
|JULY 6, 2011|
- Cargill, Louis Dreyfus announce plan to end Pacific Northwest joint ventures
- A.P. Moller Maersk Group joining global marine evironment alliance
- NYK team developes system to cut vessel wind resistance
- Port of Tacoma taps Chamberlain as new director of engineering
- OOCL celebrates christening of new 8,888teu container ship
|JULY 6, 2011|
- Box charter market takes another slide
Declines reported across all vessel sizes with little indication the situation is going to improve soon
- Success of Baltex screen questioned
Market rumours suggest that although members have signed up many are simply taking a look at the system and not actually trading on it
- Exclusive interview: Bourbon chief banks on timing of offshore upturn
Deepwater offshore support sector will see growth next year, says Christian Lefèvre
- Ultra-large boxships push smaller carriers onto secondary trade routes
But cost savings from larger ships will only materialise if the ships sail at close to full capacity
- CMA CGM pumps up surcharges
Increases to hit trades that are not subject to deteriorating freight rates
- Omega and Glencore split joint tanker fleet
Termination of Megacore venture comes as owner remains in debt talks with bankers
- Maersk joins World Ocean Council
Hawaii-based council aims to bring together ocean oil and gas businesses, shipping companies, deepsea fishing businesses and other organisations
- Milford Haven bids for independence
Trust port asks UK government for freedom to appoint board members instead of having them chosen by ministers
- Saving $5bn a year while cutting C02 should be a 'no-brainer'
Virtual Arrival with slow steaming can help avoid bunker bills ' so why the resistance from tanker owners?
- Virtual Arrival ' the user's experience
BP reveals data from voyages to illustrate the system's benefits
- A step by step guide to the Virtual Arrival process
Profitable port congestion in 10 easy steps
- A few lessons still unlearned
The approaching centenary of the Titanic's sinking should remind us that we never stop learning, but we have a nasty habit of avoiding solutions that may not suit us
- EU innovation money is there ' but where is it from?
Details of Brussels' innovation aid are buried in a bureaucratic morass of information across a number of websites
- Germany divided over Duisburg sale
Sale of federal government stake stymied by political wrangling
- Eclectic mix that adds up to a roaring success
Munich's Transport Logistics show is hot on business but does not forget the fun
- Pilots and profits
The UK's Humber estuary is no place for novices, so it is worrying to hear pilots voicing concerns over safety
- What Greeks can do
On what terms will the shipping community be prepared to take a stake in recovery?
- Clipper executives jailed for tax fraud
Employees said to have been paid bonuses overseas while employed in Denmark and subject to Danish law
- RBS continues to seek new business
But head of shipping Lambros Varnavides says a lack of suitable new deals is impeding new deals
|JULY 6, 2011|
- DnB tops loan ranks
DnB NOR was the largest bookrunner of syndicated marine finance loans in 1H11, according to Dealogic league tables released today
- Danish taxman grills Clipper workers
DANISH authorities have reportedly carried out tax investigations regarding 211 staff members at Clipper, the Bahamas-domiciled group managed from Copenhagen
- Crowley buys Puerto Rico logistics company
CROWLEY Maritime has continued its push into transport logistics in the Caribbean with the purchase of Puerto Rico Freight Systems
- WTO rules China breaking trade rules
THE WTO has ruled that China's curbs on export shipments of industrial raw materials violate global trade rules, IHS Global Insight reported today
- Biofuel plant assailed
A BIOFUEL power station being built in Southwest England generated a green protest today
- Strike stymies Chittagong
BANGLADESH'S port of Chittagong has been hit by an anti-government strike that has shut down the country, Fairplay was told today
- Teekay places newbuild stake
NYSE-listed Teekay Offshore has confirmed a $20M private placement for four shuttle tanker newbuildings destined for Brazil
- DEME joins Hochtief's jack-up JV
BELGIAN dredging and engineering group DEME today replaced defunct heavy-lift operator Beluga in a joint venture with Germany's construction group Hochtief
- Sea-web update activated
AN UPDATED version of Sea-web went live today, offering new features such as better mapping and new context-sensitive information and links
- Court orders Kochi inquiry
AN INDIAN court has ordered Cochin Port Trust to investigate a rise in terminal handling charges at a new terminal in Kochi operated by Dubai Ports World
- PSA forms Saudi terminal JV
SINGAPOREAN port operator PSA International has formed a joint venture with Saudi Arabia's Public Investment Fund to develop and operate a box terminal at Dammam
- 'K' Line targets 25% cut in electricity use
JAPAN'S 'K' Line aims to cut electricity use by 25% this quake-shaken peak season, compared the same part of 2010
- Mols-Linien sells ro-paxes
DANISH ferry company Mols-Linien has sold two ro-paxes to a German buyer and closed the loss-making domestic route on which they were operating
- KOWEPO seeks Capesizes, Panamaxes in deal
KOREA Western Power has issued a two-part tender seeking 650,000 tonnes of thermal coal, to be shipped over August-November to its Taean power plant
- Hay Point loading delayed
BROKERS told Fairplay today bad weather in Queensland has delayed coal loading, with Hay Point being the worst affected
|JULY 6, 2011|
- Senate, House Set Dueling Trade Meetings
- Pirates Attack Tanker Off Yemen
- Long Beach Seeks Harbor Revenue for Tidelands Fund
- Echo Global Logistics Acquires Advantage Transport
- House to Unveil Streamlined Transportation Bill
- ABF Wins Appeal on YRC, Teamsters Suit
- NJ Port Drivers Sue Over Contractor Status
- PSA International Wins Bid to Build Saudi Terminal
- Forwarders Seek Eased Russia Customs Barriers
- DHL Starts NY-Durban LCL Service
- CMA CGM Hikes Rates, Surcharges
- ABF Freight Hikes LTL Truck Rates 6.9 Percent
- US Services Index Dipped in May
- Analysts Expect More LTL Rate Hikes
- US, Mexico Sign Cross-Border Trucking Pact
- Bridgestone Hikes Truck Tire, Retread Prices
- OOCL Dropping Chassis at Charleston, Five Other Cities
- India Port Traffic Climbs 7 Percent
- APM Takes Control of Callao Terminal
- Maersk Joins Ocean Sustainability Group
|JULY 6, 2011|
- More bad news for liner industry
- Boxship charter market continues to soften
- Planned Le Havre-Caen barge connection nearing completion
- Desperate pirates renew attacks
- Japanese investors push Nikkei to post-quake high
|JULY 6, 2011|
- KLC auction approaches
Compass Maritime closes in on sale of former Korea Line tanker following four-month saga in Honolulu.
- Excel seals bulker fix
Gabriel Panayiotides-led owner breaks from BDI bulker deals in Happy Day and Iron Vassilis charter contracts.
- DnB leads loan tables
Nordic banking behemoth takes first place trophy in Dealogic digest of $28bn loan battle.
- ASL reels in orders
Singapore-listed shipbuilder sinks its teeth into orders for nine anchor-handlers and a pair of response vessels.
- PBC boosts rates
Beijing banking giant's monetary policy may shake bulker sector sentiment in the near-term, Wells Fargo warns.
- DEME seizes Beluga stake
Beluga Hochtief Offshore eyes expansion as Belgian dredging giant snatches stake from fallen heavy-lift giant.
- Tanker grounds
Bernardo Leo pushed towards breakwater at Iloilo by heavy seas.
- Cosco wins FFA dispute
London court rejects $16.5m claim from insolvent Pioneer and awards Chinese owner 'wash out' sum of $7.5m.
- Ferry on the rocks
More than 100 people temporarily stuck on vessel that grounded off US Virgin Islands.
- Vale planning to downsize?
Brazilian mining giant may halve size of 400,000-dwt bulker newbuildings ordered to carry iron ore to China.
- Attack starts tanker fire
Greek suezmax abandoned by crew and pirates after raid off Yemen on Wednesday, but firefighting tugs at the scene.
- Vale banks on China
Brazilian miner says Chinese iron-ore demand shows no signs of cooling during the next five years.
|JULY 6, 2011|
- CMA CGM service links Asia, Fiji, New Zealand
CMA CGM will launch a new liner service connecting Asia, Fiji Islands and New Zealand on July 18. The weekly ANZEX will use seven 1,800-TEU ships in a rotation of Port Kelang, Malaysia; Chiwan and Shangai, China; Pusan, Korea; Suva, Fiji; Auckland...
- Lines add Pecem to Med/ECSA loop
A multicarrier service between the Mediterranean and the East Coast of South America will add a call at the Brazilian port of Pecem in August, according to research from American Shipper affiliate ComPair Data. The Med-ECSA 1 service will also drop...
- MCC amends intra-Asia service rotation
Maersk Line's intra-Asia specialist carrier MCC Transport is amending the rotation on one of its services linking Northeast and Southeast Asia, the line said this week. The carrier's IA8 service will add calls at Xiamen, Yantian and Hong Kong, and ...
- Technology reduces ship's wind resistance
Technology reduces ship's wind resistance Technology reduces ship's wind resistance NYK Line and Tsuneishi Shipbuilding Co. said they have jointly developed technology called the MT-COWL, which they said saves energy by reducing the wind resistanc...
- Maersk joins ocean sustainability alliance
The A.P. Moller - Maersk Group, parent company of liner carrier Maersk Line, said Wednesday it has joined theWorld Ocean Council , a U.S.-based alliance focused on ocean sustainability and stewardship. Council members span a range of sectors, and ...
- IES, Traxon roll out EU compliance data hub
Software and electronic communication providers IES Ltd. and Traxon Europe are cooperating to provide seamless electronic data exchange between freight forwarders and airlines within the European Union. This has become especially important since m...
- Cargo Airline Association rotates chairman
The Cargo Airline Association has named Adam R. Kokas, general counsel and chief human resources officer at Atlas Air Worldwide Holdings, as its new chairman. He succeeds Robert Gray, vice president of flight operations at ABX Air, who has held the...
- Old Dominion names COO, forms expo service
Thomasville, N.C.-based less-truckload carrier Old Dominion Freight Line promoted Greg C. Gantt to executive vice president and chief operating officer. Gantt joined Old Dominion in 1994 and served as senior vice president of operations since 2002...
- WTO faults China's raw material constraints
A World Trade Organization dispute settlement panel on Tuesday agreed with the United States, finding that export restraints imposed by China on several industrial raw materials are inconsistent with China's WTO obligations. China's actions were n...
|JULY 6, 2011|
- Middle East prices up
Cape Town deliveries available for supply up to and including July 20.
- Port Masterplan sees growth in bunker sales
UK port already has 'buoyant bunker sector' and dredging programme would allow more vessel calls.
- Bunker prices up in Rotterdam
LS products tight in Hamburg.
- Fuel oil tanker ablaze after pirate attack
US Navy at the scene; crew abandon ship.
- New research to examine nature of ship PM emissions
Goals include establishing differences in fine particulate emissions for HSFO and low sulphur MGO.
- EC approves CEPSA deal
IPIC share acquisition will not impede competition.
- Container line 'clamoured' for fuel efficient ships
South Korean criticised for 'lack of interest' in building innovative energy efficient ships.
- ICS calls for meaningful CO2 reductions
Members lobby to support the adoption of global rules on technical and operational measures ahead of MEPC meeting.
- Mid-week bunker prices firming in Asia
Demand mostly weak at key Asian ports.
- Recently established maritime law firm wins award
Picks up award for Shipping and Maritime Law Firm of the Year a year after launch.
- US firm launches new 'high performance' lubes
New marine engine oils have received FC-W Catalyst Compatible designation.
- Bunkers boost scrapped vessel value
1990-built bulk carrier sold with 1,300 tonne of IFO on board.
- Bunkering in Hambantota delayed to September
Port authority wants full opening in September rather than partial opening in May.
- Bunkering at Bohai Bay resumes on better weather
Tianjin, Caofeidian, Qinhuangdao and Jingtang ports resume bunker ops.