|DECEMBER 15, 2011|
- US west coast port operations back to normal
Police in Baltimore evicted anti-Wall Street protesters on Tuesday and operations returned to normal at west coast ports a day after a series of marches that disrupted operations at several terminals.
- TUI to sell Hapag-Lloyd stake to majority owner
TUI AG, the German owner of Europe's largest travel company, said its executive board resolved to sell most of its stake in the Hapag-Lloyd AG container-shipping business to majority owner Albert Ballin.
- Strike at Western Australia port delays mineral exports
Iluka Resources Ltd, the world's biggest zircon producer, delayed an export shipment and may postpone two more because of strike action at Bunbury Port in Western Australia.
- United Maritime exploring sale: sources
|DECEMBER 15, 2011|
- October west coast import box volume off 5.5pc - east coast down 2.4pc
- Occupy crowd closes Oakland, Portland terminals, but LA-LB work fully
- Idle tonnage to surpass 500,000 a million TEU by January: Alphaliner
- MSC adds Savannah to Golden Gate Asia-US east coast loop via Suez
- Hong Kong General Chamber of Commerce conducts Guangdong study mission
- China's 11-month rail cargo volume rises 8pc to 3.59 billion tonnes
- Southwest China to build another expressway to Beibu Gulf marine gateway
- AADA raises bunker surcharge for cargo from east Asia to Oz from Jan 14
- Hapag-Lloyd new fleet ships will be equipped with BASSnet software
- DB Schenker Logistics, Khimji Ramdas set up joint venture in Oman
- Indonesia to spend US$200 billion to upgrade ports, roads and bridges
- Wuhan airport November international cargo volume rockets 258pc
- Frankfurt names AirBridgeCargo 'Best Cargo Performer' for 3rd year
- United Airlines to start Washington to Doha, Qatar service
|DECEMBER 15, 2011|
- Pace of vessel deliveries overwhelming tanker sector, say analysts
- SCI to fall short of vessel acquisition target
- UN climate change meet moots carbon tax scheme for shipping
- Basmati exports to 3 African nations okayed
- Marine products exports surge 23 pc in April-Sept.
- Cochin Port to refrain from raising tariff for 3 years
- Govt may finalise spot for Andhra port project soon
- Major Ports seen needing policy boost
- Ports & carriers united on need to weigh loaded containers
- IATA warns EU emission tax could spark off trade war
- Interest on foreign loans not taxable, rules AAR
- RBI likely to leave CRR, policy rates unchanged
- SEZ developers demand tax waiver at consultation meet
|DECEMBER 14, 2011|
- Chinese to build Ethiopian railway infrastructure
The Ethiopian Railway Corporation (ERC) and the China Railway Group (CREC) have concluded a USD 1 billion deal to build railway infrastructure in Ethiopia. CREC will build a new ra...
- Asiana starts Seoul-Da Nang service
South Korea's Asiana Airlines now offers twice-weekly services between Seoul Incheon and Da Nang (central Vietnam). The connection is scheduled to operate until 25 February 2012.
- WISAG investing in safety and expanding
The Frankfurt-based company WISAG Cargo Service Holding & Co is investing in airfreight safety in Germany with new X-ray equipment in Münster/Osnabrück and Berlin. With the ope...
- ProRail becomes part of Express-Interfracht
Pro Rail has merged with Express-Interfracht. ProRail Internationale Speditionsgesellschaft was previously a subsidiary of the Rail Cargo Austria Group and specialised in railfreig...
- Nooteboom Trailer Service opens first German service centre
Toscon Trailer Service in Bochum is joining forces with Nooteboom as a new service location. While Nooteboom oversees special transporters, Toscon carries out services for the norm...
- Daimler North America delivers 1,000th natural gas truck
The delivery of the 1,000th Freightliner natural gas vehicle underlines the acceptance of green technologies by customers of Daimler Trucks North America (DTNA) and makes the compa...
- K Line launches North China-Vietnam container slots
Kawasaki Kisen Kaisha Ltd (K Line) has added a weekly service called Jaseco-V from northern China to Ho Chi Minh as a slot operator. The port rotation is Xingang, Dalian, Qingdao, ...
- 14,000 teu vessel calls at Hamburg on maiden voyage
The 14,000 teu "CSCL Mars" was one of the exceptionally large ships which call at the port of Hamburg ever more frequently. The 366 m long and 55 m wide unit called early...
- Panalpina appoints regional chief executives
Marco Gadola, CFO of Panalpina for several years, has been appointed regional chief executive officer (RCEO) for the Asia-Pacific area, and Volker Böhringer has been named as RCEO ...
- Goodman Group names logistics fund director
The Goodman Group has named Emmanuel Van der Stichele as the director of its Goodman European Logistics Fonds (GELF). Van der Stichele will be in charge of strategy, management and...
- Cargolux confirms executives' guilty plea in US case
Cargolux Airlines International has confirmed that its special advisor Ulrich Ogiermann and its senior sales and marketing vice-president Robert Van de Weg have entered into a plea...
- Ethiopian Airlines joins Star Alliance
The Star Alliance welcomed Ethiopian Airlines as the third African carrier in a ceremony held at Addis Ababa's Bole airport recently. The alliance's network in Africa now covers Ea...
- DB Schenker Rail improving Germany-Poland links
DB Schenker Rail now offers container transport from the seaports of Hamburg and Bremerhaven to Poland. Trains from the German ports drive to a new hub in Gadki, near Poznan, where...
- TNT Express selling Indian road network
TNT Express has found a buyer for its loss-making domestic road network in India, with the Hoofddorp-based Dutch company seeking to withdraw from national activities and focus more...
- Brenntag expanding
Chemical distributor Brenntag Specialties Europe has been named as Colonial Chemical's sole distributor in Germany, Switzerland, Austria, Sweden, Denmark, Norway and Finland. The a...
- Amytrans carries heavy equipment from South Korea to Vietnam
Amytrans Corp Vietnam, member of the Worldwide Project Consortium (WWPC) network, arranged for heavy and outsized oil and gas equipment to be moved by chartered ocean vessel from B...
|DECEMBER 14, 2011|
- Vigor announces "build in Washington" team for ferry
- Lease sale attracts $337.6 million in high bids
- Peter Noble elected President of SNAME
- FSG books ConRo ferry order from Canadian customer
- Fjord 1 names world's largest gas-fueled ferry
- Rolls-Royce to design and equip two Island Offshore PSVs
- IHC Merwede books orders worth €200 for advanced vessels and equipment
|DECEMBER 14, 2011|
- Freight transport services index falls during month of October
- Alaska Airlines bringing back Portland to Long Beach service
- Trucking association announces death of U.S. Xpress founder/ATA chairman
- Vancouver Fraser Port Authority taps Marcella Szel as vice chair
- Evergreen Lines plans to boost Far East/India to Europe rates
|DECEMBER 14, 2011|
- Charter deal reveals pessimism over panamax market rate rebound
Diana Shipping charters newly acquired panamax for $12,900 to EDF trading
- EXCLUSIVE: Slimmed-down CSAV 'here to stay'
Chief executive pledges no more disruptive behaviour at Chilean line
- Doomed to stay with trucks
US coastal shipping is still a non-starter
- RSPB hails Habitats Directive review
But takes a different line to the ports lobby
- IMO has shown unanimity on piracy
International maritime community understands that complex problem cannot be resolved easily
- New bid aims to stabilise the eurozone
With financial problems far from resolved, the latest emergency summit buys more time
- Pressure mounts on Asia-Europe box trade
Declining rates responsible for most operators falling back into the red
- Transatlantic freight rates to hold steady in 2012
Analysts expect few shocks, despite a difficult year ahead
- EU moves to rescue eurozone will slow world growth
Global economy is fragile, president warns
- Luksic family eyes alliance for CSAV
New boss insists sale is not on the cards, but search is on for strategic partnership
- Dubai strives to make its own maritime mark
Among the glitzy architecture and high-rise buildings, the city also has a thriving maritime industry and expanding ship design capabilities
- Insurers will push Yemeni coastguards out of market
Shipowners will no longer be able to take the cheapest option to secure premium discounts
- FSG wins con-ro ferry order
Flensburg yard to start work on low-CO2 vessel in October 2012
- Tui keeps its options open in planned sale of Hapag-Lloyd
Talks planned with other investors in addition to Albert Ballin Consortium
- Singapore halves box volume growth
As Chinese ports see growth accelerate
- Spate of short period charters fails to ignite boxship market
Idle fleet grows amid stubbornly low demand
- General Maritime faces its creditors at crucial bankruptcy hearing
Nordea offers to park company cash in New York branch to sidestep US Trustee's concerns
- Ocean Tankers sees another ship forced to go under the hammer
Auction of Vasi set for January, after arrest by bank
- Stronger growth predicted for Australian coal and ore trade
Government forecast adds 75 capesize loads to coming fiscal year
- Berlian Laju Tankers could face liquidity woes in 2012
Fitch downgrade reflects BLT's struggle to refinance notes coming due in September next year
- Hull in bid to build wind turbines
ABP hopes for approval of £100m Siemens manufacturing facility to boost region
- ACTA given 'stable' outlook
Ratings agency says railfreight link-manager can rely on financial support from two ports
- No holds barred
Report into Cosco Hong Kong collision makes uneasy reading for Chinese shipowner
- Sobrena placed in receivership
Questions over France's future in merchant navy repairs
|DECEMBER 14, 2011|
- 131 seized in Med migrant smuggling cases
AUTHORITIES have seized 131 people suspect in the smuggling of migrants in the Mediterranean
- Fog suspected in ship collision
FOG COULD have contributed to a collision that closed part of the Houston Ship Channel, officials told Fairplay today
- Erck Rickmers and Komrowski plan JV
LOW RETURNS and a shortage of bank lending has prompted Hamburg shipowners Erck Rickmers and Komrowski to combine ship management units
- Something fishy here
THE KREMLIN'S competition watchdog has found that import cargoes of Norwegian salmon, trout and other fish products have been illegally curbed
- Ilios Shipping fined $2M
GREEK shipowner Ilios Shipping has pleaded guilty in the US to illegally dumping bilge waste and obstructing justice
- Evergreen adding VMI loop in Asia
EVERGREEN Line is launching a weekly Vietnam/Malaysia/Indonesia service in mid-December
- Rouen dredging approved
ROUEN has received approval from regional authorities to begin a €185M ($240.34M) scheme to deepen its River Seine access channel
- Capesizes seen buoyed above $20,000/day
SPOT RATES for Capesize drybulkers are likely to stay above $20,000 per day in 1Q12 on the back of low iron ore prices and demand for coal for heating, BIMCO predicted today
- Seadrill and Sapura set up PLSV venture
SEADRILL said today it plans to join with Sapura Crest Petroleum of Brazil to set up a venture to operate three pipe-laying support vessels
- Charterers shift focus from Christmas trees
BROKERS told Fairplay today Capesize bulker charterers have covered their holiday needs and are now fixing voyages for January
- Queensland allocates port land
QUEENSLAND'S government today announced the allocation of land for a new A$10Bn ($10Bn) coal port south of Mackay
- China bulker snarls worsen
SNARLS are getting worse in Chinese drybulk ports, with Capesize queues more than doubling in Rizhao alone
- Fairstar signs bridge loan
FAIRSTAR Heavy Transport said today it has signed a $30M bridge loan facility accord with Bank of China
- SOBRENA put into receivership
LEADING French ship repairer SOBRENA has been put into receivership by the commercial court in Brest
- Scrap price slump sparks fewer demolitions
LOWER scrap prices resulted in year-to-date lows in ship demolitions in October, as Bangladeshi yards remain out of action
|DECEMBER 14, 2011|
- STB to Rule on UP Hazmat Requirements
The Surface Transportation Board is launching a formal proceeding examining a dispute between the Union Pacific Railroad and chemical companies...
- Rickmers, Komrowski Plan to Merge
Leading German charter container ship owners Erck Rickmers and Komrowski today unveiled plans for a merger, creating the nation's biggest...
- MSC-CMA CGM Pact Doesn't Herald Mergers, Alphaliner Says
The consolidation of services that Mediterranean Shipping Co. and CMA CGM announced on Dec. 1 does not herald a new...
- DOT Freight Index Down 0.2 Percent in October
The amount of freight carried by for-hire transportation carriers fell 0.2 percent in October, ending a streak of four consecutive...
- China to Impose Duties on US-Built Autos
China plans to impose anti-dumping duties on some vehicles imported from the U.S. after failing to block a U.S.-imposed tariff...
- Leipzig-Halle Airport Cargo Soars 14.9 Percent
Leipzig-Halle airport boosted freight traffic by 14.9 percent in the first 11 months of 2011, helping Germany's second largest cargo...
- Qatar Airways Adds Capacity to Booming Chongqing
Qatar Airways is adding capacity to Chongqing, where growing electronics manufacturing is fueling an industrial boom, amid a broader expansion...
- APL to Impose Asia-Europe Peak Surcharge
Singapore-based container carrier APL is imposing a peak-season surcharge on westbound trade from Asia to North Europe and the Mediterranean....
|DECEMBER 14, 2011|
- Vallarpadam dredging: work in progress
Post-panamax boxship-accommodating dredging work at the DP World Cochin box terminal, Vallarpadam, which is designated to be India's transhipment hub, is still ...
- OOCL boost Oceania/NZ coverage with new partnership
CMA CGM has announced that it will enter into partnership with OOCL on its ANZEX service deployed on the New Zealand to Far East trade from the end of this month. ...
- MSC to offer direct FE/ECSA link
Geneva-based Mediterranean Shipping Company (MSC) is strengthening its position in the Asia/east coast South America (ECSA) trade and at the same time deepening ...
- Halal logistics research to be stepped up
The rising demand for halal logistics chains combined with the challenges of delivering such services on a consistent and effective basis has led the Malaysia Institute ...
- TPT posts productivity rises in several ports
Durban-based Transnet Port Terminals (TPT), which has often been criticised for its poor levels of service and inferior productivity levels, has released data that ...
- IMO clarifies its intentions on a carbon tax
Since outlining the progress made at the United Nation's Climate Change Conference (UNFCCC) in Durban, the International Maritime Organisation (IMO) has confirmed ...
- INTTRA inks alliance with logistics software provider Kewill
New Jersey-headquartered e-commerce provider INTTRA has struck an alliance with Kewill, a major supplier of software solutions that simplify global trade and logistics, ...
- Maersk to resurrect its CRX link
Maersk Line will relaunch its dedicated CRX (Central America/Caribbean - Europe) service in January and has said that it is being put on a 'standalone footing for ...
- Charter ships take the pain
Of the 210 boxships currently laid-up, just over 150 are non-operating owner [NOO] controlled, with little or no chance of fixing this side of the New Year against ...
- Canada jumps Kyoto ship
Just days after the Durban climate change COP-17 summit agreed to extend the Kyoto Protocol and to discuss a new legally-binding pact to cover all major emitters ...
- GL teams up with IHIMU for 13,000TEU LNG research
Germanischer Lloyd (GL) and IHI Marine United (IHIMU) have joined forces to study the possibility of running a 13,000TEU container vessel on LNG. GL has already ...
| - Ocean news||web site|
|DECEMBER 14, 2011|
- Prosafe pens floatel
Oslo-listed offshore contractor talks up market outlook as it sails to Lion City with $350m deal to build accommodation rig.
- CMB bets big on 'little' bulkers
Forecasts in the handysize arena look promising as Bocimar affiliate backs deal to build up to ten bulkers in China.
- New superpower confirmed
Komrowski and Erck Rickmers admit merger which forms Germany's largest shipping company by fleet capacity.
- Sevan in the hot seat
Teekay-backed FPSO specialist faces fines as securities regulators cry foul over delayed disclosure of "inside information".
- Flensburger wins con-ro
German yard gets Christmas bonus with new order for versatile vessel from Canada.
- NNA secures DVB bankroll
Capital crunch fails to derail expansion scheme as Angeliki Frangou-backed tanker owner funds newbuilds with $51m loan.
- Russotti wins photo poll
D'Amico Tankers snapper ends up clear winner in TradeWinds Maritime Photographer of the Year competition.
- Kencana in the money
Malaysian offshore services company sees profit surge as agreement on SapuraCrest merger looms.
- Breaking delay for Bangladesh
Demolition hiatus looks set to continue after Supreme Court asks government to re-draw new rules on safe, green yard operations.
- SBM clinches FPSO charter
Dutch owner plans major overhaul of ageing unit before it embarks on a long-term deal.
- Seadrill eyes Brazilian booty
John Fredriksen's drilling company plans Sao Paulo IPO for Brazilian arm only 10 months after another spin-off was listed in Oslo.
|DECEMBER 14, 2011|
- Hong Kong exploring regional ECA
Discussions started with Guangdong, Shenzhen and Macao on regional cooperation initiatives to reducing marine emissions.
- OPEC to maintain output levels
'Decision introduces some downside risk to oil prices,'says analyst, but reactions are mixed.
- Tight avails in Fujairah
Strong demand in Middle East hub.
- Bunker prices firming in Europe
Weak demand in several ports.
- Calls to extend use of pilots in Gibraltar
'We have to consider all the possible ramifications,' says Director of Maritime Affairs.
- First LNG-fuelled bunker tanker 'heralds new era of cleaner shipping'
Lloyd's Register has helped convert dual-fuel regulations for seagoing vessels into inland shipping rules and reports 'strong interest'.
- Japanese bunker sales down year-on-year
Sources point to sluggish global economy and impact of slow-steaming.
- World's largest LNG powered ferry to begin operations
Naming ceremony marks 'great day for the environment'.
- Aegean 'critical' supplier to troubled Genmar
Genmar defends $2.7 million payment made to the marine fuel supplier following objection from unsecured creditors.
- Asian IFO prices firming mid-week
Mixed demand at key Asian bunkering hubs on Wednesday.
- 'Significant rise' in bunker costs hits Hapag-Lloyd
The company contributed losses of $2.6 million to parent group TUI's fiscal year result.
- Saudi Aramco offers three fuel oil cargoes
Offers made amid signs of easing market, traders say.
- Tech firm launches dual-fuel engine room simulator
Provides training on potential energy savings, says Kongsberg Marine.
- 'Catastrophic' pollution risk from mega bulkers
World's largest ore carrier poses safety threat, says Chinese Shipowners' Association.
- Western Japanese ports face tight bunker barge avails
'Most barges are booked to deliver fuels to power facilities.'