|MAY 3, 2012|
- Israel's Zim pleads for further delays on nine 12,600-TEU ship deliveries
- CMA CGM and Maersk raise rates on India-West Africa route this month
- DP World terminals' container growth up 7.4pc in first quarter
- Seaspan takes delivery of last of 13,100-TEU vessels from Hyundai
- 14,000-TEU MSC Deila 25th MSC neo-panamax ship to join company fleet
- Singapore's APL receives 10,700-TEU APL Southampton - first of six ships
- Baltimore becomes fastest growing US port after de-emphasising containers
- Rickmers-Linie returns to Myanmar with initial with services to Yangon
- Yemen seeks to open bidding process to widen and deepen Port of Aden
- Opposition wins rule change to dampen road congestion at Melbourne terminal
- St Petersburg to hold World Maritime Technology Conference on May 29
- Dubai's dnata terminal scores 700pc more air cargo to 127,665 tonnes
- Volga-Dnepr delivers two aircraft fuel hydrants to Kenya from Italy
- Hawaii's state environmental inspection tax quashed in federal court
|MAY 3, 2012|
- Alltime Shipping registers commendable performance in year gone by
- Brent oil to stay put over $100 a barrel: Traders
- Daily Maersk scores high on reliability in just 6 months
- Eric Herman takes charge as DAMCO's Global CCO
- RINA launches seven step fuel saving services
- Indian drugs exports to benefit from Kenyan court verdict
- KPT handles its largest vessel till date
- IFFCO workshop focuses on role of cooperatives in development
|MAY 2, 2012|
- Nothegger adding thirty new Kögel Cargo Rail multimodal trailers to fleet
Nothegger Transport Logistik GmbH, located in St Ulrich (Austria), is adding thirty new Kögel Cargo Rail multimodal trailers to its fleet. In this way Nothegger is making a conside...
- JAL in the middle of new Dreamliner service launches
Japan Airlines (JAL) recently launched a new Boeing B787 Dreamliner service between Tokyo Narita and Boston MA (USA), thereby providing the first-ever nonstop connection between th...
- LAN Cargo introduces CO2 calculator
Chile's LAN Cargo, a carrier that aims to lead the aviation business and to be a pioneer in environmental initiatives in Latin America, is launching a CO2 calculator. The latter is...
- Scania's Q1 operational income fell
The commercial vehicle manufacturer Scania reported that its earnings for Q1/2012 amounted to SEK 2.323 million (EUR 261,200), equating to SEK 1.16 million (EUR 130,000) less than ...
- More trucks crossing US borders
The number of commercial truck crossings into the USA from Canada and Mexico was 10.4 million in 2011, 1.7% more than in 2010, according to the US Department of Transportation's Bu...
- New weekly service for port of Dunkirk
The French maritime transport group CMA CGM will include Dunkirk (after Antwerp and before Le Havre) in the rotation of its EPIC (Europe Pakistan India Consortium) service from 1...
- Port of Antwerp opens with strong first quarter in container handling
The port of Antwerp (Belgium) handled 46.32 million t of freight in the first three months of this year, a drop of 2.2% compared to the same period in 2011. Container freight did b...
- HGK offers one stop solution from Cologne to Domodossola
The German port and transport service provider Häfen und Güterverkehr Köln AG (HGK) is augmenting its long distance service offer. At the beginning of 2014 a new handling terminal ...
- DTL and Logwin agree to close collaboration in textile logistics sector
The logistics service provider Logwin, based in Grevenmacher (Luxembourg), and the German logistics specialist Deutsche Textil Logistik (DTL) with its owners Meyer & Meyer and ...
- DSV boosts Q1/2012 turnover and profit
DSV A/S, a global transport and logistics service provider headquartered in Br'ndby (Denmark), increased its Q1 turnover from DKK 10.793 billion in 2011 to DKK 10.819 billion (appr...
- Loxxess lands Planet Sports as major customer
The German logistics company Loxxess AG has developed and implemented a European central warehousing scheme in Bor (Czechia) for the firm Planet Sports. Loxxess is an international...
|MAY 2, 2012|
- Dockwise Vanguard gets OTC Spotlight on Innovation Award
- Diana Containerships ups profit, declares dividend
|MAY 2, 2012|
- Aluminum Boats Australia cancels plans for Port of Bellingham facility
- California Maritime Academy president earns Coast Guard public service honor
- Halibut Henry's Cafe now open at Bellingham Cruise Terminal
- G6 Alliance members stick with six Asia-Europe loops
- Braemar taps Graeme Temple as new Far East region director
|MAY 2, 2012|
- Greek lending increased in 2011
Petrofin survey offers surprise conclusions
- Show me the buyers, says Petropoulos
No takers for available portfolios
- Why are states reluctant to share casualty reports?
Industry awaits outcome of Costa Concordia investigation
- How the UK's MAIB investigates vessel accidents
The MAIB explains the process and shares its concerns
- VLCC pools have supported spot market rates so far this year
Influence of major shipowners within pools has created greater resistance to low rates
- It's the little things that count
Innovation was the over-arching theme of the recent BIMCO annual meeting in Singapore
- Hapag-Lloyd's Behrendt to extend contract
Will remain chairman of executive board ahead of possible IPO in 2013
- A river runs through it
Royal Jubilee and 2012 Olympics showcase London's relationship to the Thames
- Shipping needs fuel bill transparency to fight climate change
Danish shipowners urge industry to stop sitting on the fence
- End of dry bulk 'nightmare' is in sight
Record demolition and shrinking order book arouse optimism in Peter Georgiopoulos
- NewLead eyes non-shipping business
Embattled owner to exit tanker sector and focus on dry bulk
- Cards on the table
Collecting fuel consumption statistics as a way of then creating reductions needs the input of all shipowners, a group that has notorious difficulty in finding a joint consensus
- Rising Chinese lending and drought boost dry bulk demand
Infrastructure projects and power generation drive imports
- Ultra large containerships lead box fleet growth in April
More than 80% of the teu capacity delivered last month was for vessels over 10,000 teu
- Lloyd Fonds eyes shipping acquisitions
Company targeting distressed vessels or fuel-efficient newbuildings, says Teichert
- Deadline set for bidding in ex-SeaFrance ferries sale
Sealed tenders to be delivered in Paris by 1700 hours on Friday
- Statistical quirk suggests a box charters rise is on the way
Analysis by broker points to seven-month time lag between charter rates and the freight trend
- Japan targets LNG ahead of nuclear shutdown
Country eyes Henry Hub as global prices hit three-year high
- Eastern promise
China's Yangtze and Bohai Rim ports have strong prospects
- Fitch awards AA rating to Port of Los Angeles revenue bonds
Outlook reflects resilient income and flexible capital programme
- Expanding fleet boosts Diana Containerships' earnings
Boxship owner to increase dividends
- Rosatomflot wants new icebreaker by 2018
Growth in shipping in Russian Arctic justifies new giant nuclear-powered vessel
- Construction of Yamal LNG terminal to squeeze ice-class heavylift market
Only a handful of suitable vessels available to ship the equipment and infrastructure to develop Sabetta port and gas plant
- Crude fixtures boost Capital Product earnings
Evangelos Marinakis-led tanker partnership reiterates payout policy after latest distribution
- BW Rhine presumed hijacked off Togo
No AIS signal from product tanker since Saturday
- US box imports jump 7.3%
Figures for March show furniture and car parts drove year on year gain
- G6 holds back capacity to boost rates
Alliance halts planned seventh Asia-Europe loop
- General Maritime emerges from bankruptcy
Chapter 11 reorganisation plan expected to secure 97% backing from bondholders
- Asian yards report gloomy first quarter
Shipbuilders in China, Japan and South Korea land few commercial orders
- Obama signs swingeing executive order on Iran and Syria
Expansive new sanctions could hit class societies and P&I clubs
|MAY 2, 2012|
- MISC retrenches 1,400
MALAYSIA'S energy shipper MISC today confirmed to Fairplay it has retrenched 1,400 staff since closing its loss-making box business
- Tug workers killed off Qatar
SEVEN people were killed when a tug exploded and caught fire in Qatar's Ras Laffan offshore field
- India loosens curbs on sugar exports
DELHI today added sugar to the exports on which it is loosening controls
- Smuggled cocaine found
CUSTOMS authorities have seized a record 140kg of cocaine in a container at Marsaxlokk Freeport in Malta
- Trans-Pac boxes lead sector
TRANS-Pacific box shipments will outstrip those on Asia/Europe routes this year, a study has predicted
- Scandlines profits halved
DANISH-German ferry operator Scandlines said net profits were slashed to €10M ($13.14M) last year amid restructuring and soaring bunker costs
- LPG hits five-month low
SAUDI ARAMCO has dropped LPG prices to a five-month low, after soaring crude sent prices of the gas rocketing past $1,000 per tonne in February and March
- Drybulk port snarls ease
DRYBULK port congestion is continuing to ease, particularly at Australian coal and iron ore facilities
- Japanese take stake in Browse LNG
JAPAN Australia LNG today said it would buy a unitised 14.7% stake in the Browse LNG project for $2Bn from Woodside Petroleum
- Mercator International issues bonds to parent
MERCATOR International will subscribe to $19M worth of convertible bonds from its Singapore-listed subsidiary
- Japanese car sales surge 92%
JAPAN'S car sales surged by a year-on-year record 92% in April, as the sector recovers from the quake crisis of March 2011
|MAY 2, 2012|
- Schneider National Replacing More Than 3,000 Trucks
Schneider National, the largest privately owned U.S. truckload carrier, is replacing one-third of its truck fleet, purchasing more than 3,000...
- California Facing High Diesel Costs, Lost Jobs by 2020, Study Says
California's low carbon fuel standard will contribute to the increasing price of diesel in the state, as high as $6.69...
- West Coast Container Trade on the Rise
West Coast ports handled 7 percent more loaded containers in March compared to the same month last year, according to...
- CMA CGM's Thenoz Discusses Trans-Pacific, Atlantic Trades Outlooks (Video)
Jean-Philippe Thenoz, Senior Vice President North America Lines at CMA CGM, and keynote speaker at Containerisation International's Global Liner Shipping Conference...
- TNT Profit, Acquisition by UPS on Track
The UPS acquisition of TNT Express is on track and so is profitability at the Dutch parcel delivery company, but...
- Activist Investor Says CP Shareholders Determine Management
Activist investor William Ackman said shareholders should determine Canadian Pacific Railway management amid reports that some railroad directors are floating...
- Senators Urge Apparel Sourcing Flexibility in Trans-Pacific Partnership
A bipartisan group of 15 senators urged President Obama to give U.S. apparel shippers more flexibility in sourcing under the...
- Pitt Ohio Speeds Expedited, West Coast LTL Service
Trucking company Pitt Ohio expanded its expedited less-than-truckload service for national and global shippers. The Pittsburgh-based Mid-Atlantic carrier is offering...
- Bigger Fleet Boosts Diana Containerships Profit
Owner-charterer Diana Containerships said its first quarter net profit jumped to $1.9 million from $300,000 a year earlier, mainly due...
- BDP International Plans China Expansion
BDP International will expand its operations in western and northern China later this year. The Philadelphia-based logistics company is...
- Jaxport Gets New Calls by China Shipping, UASC
The Port of Jacksonville will get new calls this month by China Shipping and United Arab Shipping, which participate in...
- Indian Authority OKs Mumbai Port Terminal Rate Hike
India's Tariff Authority for Major Ports approved a 25 percent increase in tariffs levied by Indira Container Terminal, the private...
- G6 Alliance Gives Up Plans for Seventh Europe Service
The members of G6 Alliance said Wednesday they would not reinstate Loop 2 of the seven Asia-Europe services that the...
- Port Productivity a 'Game-Changer'
Container terminals must improve productivity at the same rate as growth in ship sizes or "preferably much more," an APM...
- Higher Rates, Volumes Triple Con-way Profit
Trucking and logistics giant Con-way more than tripled its net profit in the first quarter, increasing earnings to $25.6 million...
- Maersk Hikes India-South America Rates
Maersk Line will impose a general rate increase on cargo from India to the east coast of South America, starting...
- Port of Oakland Closed for Day Shift on Tuesday
Waterfront employers and the International Longshore and Warehouse Union agreed to close down the Port of Oakland during the day...
- Commerce Official: Exporters Should Soon See Benefits From US-Korea FTA
Importers, exporters and investors in Southern California learned on Tuesday that they should soon begin to realize benefits from the...
|MAY 2, 2012|
- Are you certain you know the contents of your container and was it insured?
So you have now located your container. It was shipped on the Bareli that grounded off the south east coast of China in mid-March. The ship has been declared a ...
- Dow marches ahead as NAFTA trade booms
With America's Dow Jones Index hitting a four-year high yesterday on better-than-expected manufacturing growth data, comes some good numbers from the US Department ...
- Maersk highlights sea freight's green credentials
Maersk Line has again highlighted the environmental benefits of sea freight in a recent report entitled 'Route 2: A new roadmap for a sustainable world - the future ...
- Dole SA concerned about reliability and costs
Andy Connell, business manager for logistics at Cape Town-based Dole South Africa, believes that a combination of poor service levels and high costs are limiting ...
- Hapag-Lloyd forges links with GAC in West Africa
As part of its expansion and service efficiency upgrade programmes in its West African services, Hapag-Lloyd has signed an agreement with the global ship agent ...
- G6 suspends introduction of Asia/Europe service
The G6 alliance between the Grand Alliance (OOCL, Hapag-Lloyd, NYK) and the New World Alliance (APL, MOL, HMM) have decided to further postpone the introduction ...
- NSCSA changes name to Bahri
Riyadh-based National Shipping Company of Saudi Arabia (NSCSA) has changed its name to Bahri, in a moved described by the company as better reflecting its global ...
- CKYH to launch new transpac East Coast service
The CKYH Alliance is launching a new transpacific US East Coast service via the Panama Canal dubbed AWE-6/AWS which CI-eXpress understands is slated to start on ...
- Southampton gets green light for further expansion
The UK's Marine Management Organisation (MMO) has approved further expansion and dredging of Southampton container terminal's 201 and 202 berths. The full extent ...
- Evergreen to buy space from Crowley
Evergreen Line has agreed a deal with Crowley Latin America Services in the trade between Panama, Florida and Costa Rica. The arrangement, which is due to start ...
|MAY 2, 2012|
- Navios prepares to strike
Navios Maritime Partners makes good on a promise to pursue dry acquisitions as it prepares to hatch $75m fundraiser.
- FR8 tanker strikes rig
Singaporean products carrier with ties to Torm suffers flooding after crashing into jack-up in the US Gulf.
- Diana defrosts cheque book
Top brass at boxship owner sheds light on fleet expansion, fuel efficiency and the 'sweet spot' in today's cycle.
- 'The Scream' sets sail
Brother of Norwegian shipping magnate Fred Olsen tosses iconic Munch painting on the auction block in New York.
- Kleven nets Sanco order
Seismic newbuilding underpinned by five-year charter with Oslo-listed Dolphin Group.
- Reefer adift in Pacific
Fishing vessels directed to help Peta Chemical's Simfoniya after it loses rudder 1,100 miles from nearest land.
- DCIX lifts payout
Simeon Palios says another dividend hike may be on the horizon as beefed up box arsenal boosts bottom line.
- Uljanik back in black
Croatian bulker and tanker owner scrapes into profit for first quarter, turning around last year's loss.
- Atwood earnings slip
Houston-based offshore explorer books smaller profit in the first quarter.
- Lloyds Fonds sees red
But financial restructuring will push German finance house back into profit this year, it says.
- Atlantska losses treble
Croatian bulker owner sees revenue plunge in first quarter as it moves further into the red.
- A seafarer's tale
Two Indian crew tell story of Enrico Ievoli's Somalian hijacking from harrowing start to joyful finish.
- CPP nudges up profit
Evangelos Marinakis-led tanker owner benefits from larger fleet and better MR supply/demand balance.
- CSCL options expire
China Shipping Container Lines allows deadlines to pass on four boxships at Chinese shipyards.
- Cosco wins Mexican windfall
Cosco Nantong to build $200m semi-submersible accommodation ship for Cotemar.
- Boskalis wins North Sea trio
Dutch outfit bags three deals for offshore energy projects worth nearly $150m.
|MAY 2, 2012|
- Evergreen joins Crowley Florida-Panama service
- EquaShip plans '4th parcel' carrier platform
- G6 won't operate 7th Asia-N. Europe loop
- FMC reviews 15 OTI license applications
- CargoWise adds SQL2012 support
- Blue Tree lands on more Windows devices
- OTS Logistics shuffles 'C' suite
- K+N boosts LCL in Asia-Pacific
- Two carriers ride CMA CGM to Jaxport
- APMT executive says productivity is 'battleground' for ports
|MAY 2, 2012|
- 'Large volumes' of bunker product being diverted to Singapore
Iranian player: 'We are facing problems selling fuel oil into the Fujairah market.'
- Oil falls as inventories reach 21-year high
'Prices should be lower because there's no shortage of oil and we're looking at rather anemic economic growth,' says analyst.
- IFO prices firm across the board
Quiet market in Hamburg.
- IFO prices firming in Fujairah
South African markets lack direction.
- New CEO for software company supplying bunker applications
UK-headquartered Inatech is controlled by Chemoil.
- Cruise industry's alternative ECA plan splitting opinions
EPA not in favour of CLIA's sulphur averaging proposal but industry is lobbying Congress for support.
- Asian fuel oil markets 'at risk' from Iranian sanctions
'It doesn't take much to see that fuel oil cracks may head higher.'
- Arrested bulk carrier sold at auction
Vessel was seized over claim of unpaid bunkers.
- Hedging specialist forecasts short term price dip
Advises buyers to use 'any decline in oil prices' to establish new bunker hedges.
- Fuel subsidies lift offshore fishing firm into profit
Shanghai Kaichuang Marine International records net profit of $10.4 million in 2011.
- Asian bunker markets see prices firm
Supplies of bunker material 'fine' on Wednesday.
- Titan continues negotiations with GCL
Delays publication of its 2011 annual results in view of uncertainties arising from recent events.
- CSDC in the red for Q1 2012
Bottom line affected by sluggish shipping market and high fuel costs.
- Scrubbers 'suitable alternative' to meet emission regulations
LNG may be the fuel for the future but a number of issues need to be resolved, says BIMCO.
- Fuel being removed from grounded vessel in Micronesia
Operation will remove 2,446 gallons of fuel oil from M/V Teraka No. 168.
- Vopak's new joint oil storage terminal to open in 2014
Oil terminal in southeast of Johor, Malaysia will complement Vopak's existing operations in Singapore.
- Singapore-based firm to own 'green' vessels
Greenship Holdings establishes two separate entities for ship-owning and operating activities in gas and dry bulk sectors.