|JUNE 4, 2012|
- Two new services launched at Shekou Container Terminals
- Logwin expands presence at Shanghai's Transport Logistics China expo
- US imposes tariffs on Chinese wind towers following complaints from local producers
- Suez Canal Container Terminal receives first eastbound call of ABX, G6 service
- Tranpac megaship-owning MSC assigns 11,660-TEU ship to Pacific
- Baltic Sea index slips to mid-April low due to slack shipping activity
- Rena's captain and navigator sentenced to 7 months for negligence
- Hong Kong's AAT appointed ground handler by Mongolian Airlines
- Virgin Atlantic Cargo adds Vancouver to North American network
- Swiss WorldCargo launch weekly service between Zurich and Tampa
|JUNE 3, 2012|
- Aegis Group's Q4 FY12 net shows significant rise
- Asia dry bulk rates may hit fresh 1-year lows
- Baltic index skids to 2-month low
- IBLCCI leads successful economic mission to Belgium
- Liberian Registry uses advance vessel screening to cut detention rates
- TVS Dynamic goes live with Logi-Sys in record time
- Black tea exports to China steadily on the rise
- Sluggish 3.2 pc export growth widens April trade deficit
- US imposes duties on Indian steel pipe amid WTO dispute
- DCI to now complete Vallarpadam dredging
- New Mangalore Port handles record boxes from single voyage
- $ selling by banks helps climb to 55.61
- Forex reserves dip $ 1.742 bn to $ 288.26 bn
- India announces $ 500-m line of credit to Myanmar
- INR out of gas on dollar demand from oil cos
- M. R. Patel takes charge of IFFCO's Kandla Unit
- Mangalore Refinery to prune Iranian oil imports by 20 pc
- Rapid strides made in India-US investment pact talks: Powell
- China, Japan to commence yuan-yen trading
- Wheat zooms on dwindling global output
- CEE adopts two new service categories
- China leads, India third in global wind power capacity growth
- StederGroup handles 'Biggest Mouth Ever from Peru to Holland
|JUNE 1, 2012|
- Ipswich motorway upgrade completed
The Dinmore-to-Goodna stretch of the Ipswich motorway in Australia has been completed in six months, ahead of schedule and under-budget. The motorway is part of Queensland's larges...
- WFS increases Scandinavia presence
Today (1 June) Worldwide Flight Services (WFS) is opening a new independent air cargo handling operation at Stockholm Arlanda airport, after signing a long-term agreement with airp...
- Apps Transport in Canada renews fleet
The Canada-based Apps Transport Group has taken delivery of the first of 17 new Peterbilt 386 trucks the company has ordered. The order represents about one-third of its entire fle...
- Transaero increases capacity to Kazakhstan
Starting tomorrow (2 June), the Russian carrier Transaero is adding one more weekly frequency on its service from Moscow Domodedovo to Almaty and Astana (both Kazakhstan). The over...
- Iata time and temperature sensitive label to become mandatory next month
The International Air Transport Association (Iata) has issued a reminder stating that, effective 1 July 2012, the Iata time and temperature sensitive label will become mandatory fo...
- New managing director for InterRail Trans Siberian Express Service LLC
Eduard Burakhovich is shouldering the tasks of director general of Moscow-based InterRail Trans Siberian Express Service LLC (TSES) today (1 June). He replaces Howard Lamb, who bec...
- BNSF plans new investments in North Dakota to maintain and expand rail capacity
The US service provider BNSF Railway Company (BNSF) plans to invest an estimated USD 86 million on maintenance and rail capacity improvement projects in North Dakota this year. As ...
- DB Schenker Rail sets up new blocktrain concept for Bayer
The German service provider DB Schenker Rail has set up a new blocktrain concept that contributes towards optimising production processes of Bayer MaterialScience (BMS), a division...
- Anniversary: Logwin celebrates 40 years in Asia
Logwin, a Grevenmacher (Luxembourg)-based logistics service provider, opened a branch office in Hong Kong on 30 May 1972. Today the company operates 57 locations in eleven Asian co...
- Sato names new sales coordinator for sales partnerships
Sato, a global barcode and RFID technology company that focuses on data collection, label printing solutions and EPC/RFID technologies, has chosen Udo Deters to fill the position o...
- ModusLink Global Solutions expands facility in Czechia
ModusLink Global Solutions Inc, a global leader in supply chain management, has extended the capacity at its Brno (Czechia) solution centre, one of the company's five operational s...
- FedEx acquires Rapidao Cometa Logistica e Transportes in Brazil
The US integrator and CEP corporation FedEx has acquired Rapidao Cometa Logistica e Transportes SA, its authorised representative in Brazil for eleven years, for an undisclosed amo...
- Röhlig: 2011 gave best results in the company's 160-year history
Röhlig, the Bremen (Germany)-based, owner-managed logistics company, has posted 2011 as being the most successful year in its history. During its 160th financial year, Röhlig incre...
- Cool Chain Association with changes on the board
The Cool Chain Association ASBL (CCA) has announced that Sebastiaan Scholte, secretary general of the CCA and CEO of Jan de Rijk Logistics, was appointed chairman of CCA's board of...
- Scandlines sells majority of Baltic Sea business to Swedish Stena Line
Stena Line is acquiring five ferry routes from Scandlines. They are the Travemünde-Ventspils, Travemünde-Liepaja, Nynäshamn-Ventspils, Rostock-Trelleborg and Sassnitz-Trelleborg se...
|JUNE 3, 2012|
- Port state control to crack down on ships' fire safety
- Bollinger Shipyards delivers second FRC to Coast Guard
- Doug Koenen back at Art Anderson Associates
|JUNE 1, 2012|
- Passage of bill sends Canadian rail back to work
- US, Canada agree to air cargo security scheme
- NOAA honors Crowley for weather reporting
- Carloads down, intermodal up for US railroads during week
- Maersk Line headquarter changes will result in loss of 400 jobs
|JUNE 1, 2012|
- Port of Antwerp sets its sights on Turkish cargo
Trade will grow as EU's southern neighbour invests in ports
- UK rail users slam proposed charges
Commodity-based levies could reduce traffic at least 10%, say critics
- UPS makes Olympic logistics effort
Barges will carry cargo along the Thames to support the London 2012 games
- Billions in phantom assets to disappear
SEC turns up the heat on companies with overvalued ships on their books
- Calculating carrying value
The formula explained
- A matter of belief
The establishment will continue to pull the wool over our eyes with dubious statistics that will make it seem reasonable that UK energy prices are the highest in Europe
- Star Bulk confident of funding fleet growth
Capesize and supramax owner defies first-quarter predictions as it stays in the black
- Sempra forced us to file for Chapter 11, claims B+H
Affidavit asserts that company's assets exceed loans even at scrap value
- Baltic Exchange appoints new chairman
Soanes and Campbell take the helm
- Paris court fails to rule on SeaFrance ferries' fate
Sources say SNCF is holding out for a better offer
- British shipping hails Queen's 60-year reign
Chamber of Shipping archives show the strong links between the Royal Family and the UK's maritime community
- Offshore rights law raises Arctic tensions
Drillers face royalty payments for oil and gas discoveries
- Comment: Road to nowhere
East and Gulf coast ports' employment contract talks hit deadlock
- Owners feel the pinch from 'cyclical but painful' business climate
Posidonia: BMA accepts armed guards and highlights regulatory pressures
- Your Posidonia 2012 planner
Lloyd's List's hour by hour guide to shipping's biggest business meeting
- Cyprus passes 'complete' anti-piracy legislation
Industry voices satisfaction with law that authorises armed response, but under master's control
- Brussels hangs fire against German rescue co-operatives
Container Feeder and European Minibulk plan strategic lay-ups to boost rates
- Capesize rates at one-year lows
Weight of added capacity undermines any market advantages
- Oslo port workers and pilots strike
Cruiseships re-route to Gothenburg as VTS staff prepare to walk out
- Mabanaft buys Bominflot
Merger creates one of the world's largest bunker players
- Chilean iron-ore exports to double
Production could replace falling exports from India and Indonesia
- Memory loss
Senior box line executives will insist that lessons have been learned and there will be no repeat of last year's price rout, but similar sentiments have been heard before
- Ship finance is not beyond hope
Posidonia: if asset prices tumble, opportunity in Europe will outweigh the risk
- Maersk Line to shed 400 staff
Changes on the way at Copenhagen HQ and other key offices
- Pitfalls in private security
The development of standards for PMSCs is contributing little towards the hundreds of seafarers held hostage in Somalia
- Angelicoussis seals financing package for LNG orders
Transaction underlines group's ties with banks, says owner
- Sanko pushes rehab plan back to July
Troubled Japanese owner awaits decision in Western Bulk Carriers' Rule C bid
- Dollar rates will protect box lines from euro fall-out
Lines monitor events but say their systems could cope
- Passage to India
Antwerp-Essar tie-up is money well spent
- New VLCCs earn $18,000 a day more than seven-year-old ships
McQuilling report highlights move towards two-tier market
|JUNE 1, 2012|
- Scrap's role in Chinese steelmills assessed
CHINA is emerging as a major ferrous scrap importer, but this is unlikely to threaten the country's pure steel demand, the Platts SBB Steel Raw Materials Asia conference has heard
- Maersk postpones rise
MAERSK Line, the box shipping unit in the Danish shipping giant AP Møller-Maersk, said it has put off seeking a peak season surcharge on Far East/northern Europe services by a fortnight
- Subscriber notice
THERE will be no news bulletins on 2 and 3 July because of the holiday weekend in the UK and the Commonwealth
- RINA aims to raise €12M
ITALY'S class society RINA said today it aims to raise €12M ($14.85M) from selling shares to its managers
- Shin Yang's profits rise
MALAYSIA'S Shin Yang Shipping said net profits rose 17% for this fiscal year's third-quarter, driven by better domestic operations and more shipbuilding activity
- Keppel bags $560M rig order
KEPPEL FELS of Singapore said today it landed a repeat order from Maersk Drilling Holdings for a jack-up rig worth $560M
- Malaysian palm oil grower plans huge IPO
FELDA Global Ventures Holdings, the world's third-largest oil palm operator, has issued a prospectus for its initial public offering
- Saudi contract LPG prices near 2-year low
SAUDI Aramco has cut LPG contract prices nearly to a two-year low
- Supramax bulker free fall continues in Pacific
SCARCITY of Indonesian ore cargoes and China's weak coal and steel demand are continuing to widen the gap in Supramax earnings in the Pacific and Atlantic basins
- Cai Mep volumes holding
VOLUMES are holding Vietnam's Cai Mep port, even while vessels calls are dropping, Steen Davidsen, general director of Cai Mep International Terminal, told Fairplay today
- Sanko rehabilitation stalls
SANKO Steamship told its creditors today talks with owners of its chartered-in ships and other stakeholders have delayed its finalising of rehabilitation plans
- Maybulk's 1Q profits dive 42%
FALLING freight rates have caused Malaysian Bulk Carriers' first-quarter profits to fall 41.7% year on year to 30.9M ringgit ($9.7M)
- Japan's Iranian crude imports rebound
AFTER a sharp drop in Iranian crude imports in April, Japan appears to have bought more of Iran's oil in May
- SCI unveils $78M in losses
INDIA'S SCI said it has plummeted to losses of 4.28Bn rupees ($78M) for its financial year (April 2011-March 2012)
- Sun rises for Japan's car carriers
JAPAN'S exports of cars, trucks and buses more than tripled in April, surging 219.2% year on year. The Japan Automobile Manufacturers Association also noted yesterday that this was the fourth straight month of increase for Japan's vehicle exports
|JUNE 1, 2012|
- LA-Long Beach Operations Normal Despite Contract Dispute
Marine terminal operators in Los Angeles and Long Beach reported Friday that cargo-handling was operating normally despite a contract dispute...
- Canada's Trimac Wins $36 Million Shipping Contract
Canadian bulk trucking giant Trimac signed a three-year contract worth $36 million to haul limestone aggregate for Hammerstone, a Calgary-based...
- WTSA Plans to Boost Rates on Dry Cargo Exports
Shipping lines in the westbound Pacific intend to increase their rates on dry cargo exports to Asia by $50 per...
- Trucking Employment Rises 3.4 Percent in May
Trucking employment increased by about 7,300 jobs in May, a 3.4 percent increase from a year ago, according to Bureau...
- Transport Industries Gained Most Jobs in May
Transportation and warehousing added 36,000 jobs in May, the largest gain of any industry in a month when only 69,000...
- Indiana Governor Slams Senate Highway Bill
Indiana Gov. Mitch Daniels, architect of one of the largest public-private partnerships in U.S. history, is attacking provisions of the...
- US, Canada to Eliminate Double Air Cargo Screening
Shippers are expected to save time and money through the elimination of rescreening cargo on passenger aircraft traveling between the...
- What End of CP Strike Means for Shippers, Labor Relations
With the end of the Canadian Pacific Railway strike after the Canadian government passed a back-to-work bill on Thursday, there...
- Maersk Line Cuts 400 Jobs
Maersk Line said it is cutting about 400 jobs at its central management organization as part of a restructuring aimed...
- MCC Transport Head Sees Growth in Intra-Asia Trades
Volume growth of up to 8 percent is expected on intra-Asia trades this year, helping rates recover during this quarter...
|JUNE 1, 2012|
- TCEEGE's competion to Izmir gets more serious
TCEEGE Container Terminal operating in Aliaga, just outside of Izmir (Turkey), has taken delivery of two ship-to-shore gantry cranes that will enable it to handle ...
- Relations sour in USEC ILA contract negotiations
Negotiations between the employers' organisation, the United States Maritime Alliance (USMX), and the dockers' union, the International Longshoremen's Association ...
- 1,000 boat Pageant gets ready to sail
On Sunday afternoon, June 3, over one thousand craft will muster on the River Thames at Battersea Bridge to begin a formal procession to mark Queen Elizabeth 11's ...
- Hapag-Lloyd to upgrade its USGC-Caribbean link
Hamburg-based Hapag-Lloyd is to add a ship and improve its sailing frequency at various ports within its US Gulf coast-Caribbean (GCS) basin shuttle service. The ...
- Bananas slip back into Cork
The Republic of Ireland's Port of Cork has seen Fyffes banana trade return to the port for the first time since the 1980s, thanks to the re-introduction of Maersk ...
- Maersk cuts staff
Maersk Line has announced the intention to restructure its global HQ function (Centre) in order to cut costs and speed up decision making. The new Centre organisation ...
- SA's trade figures affected by weak global economy
The latest data published by South Africa's Customs and Excise department reveal that the crisis in the euro zone, lacklustre economic growth in the US and slowing ...
- CMIT sets 'new benchmark for Vietnam'
The Vietnamese APM Terminals-managed Cai Mep International Terminal [CMIT] has broken its own crane productivity record and believes that it has set a new standard ...
- NAFTA trade smashes record
The value of surface trade between the US and its near neighbours broke records in March, rising by 9.8% from the previous month to hit USD85.7 million - the highest ...
|JUNE 1, 2012|
- Stopford passes the torch
Stephen Gordon steps into the driver's seat at Clarkson Research while Guy Campbell takes top title at Baltex.
- Du Moulin's dry arsenal
Intrepid Shipping's fleet expansion campaign takes shape as CIT returns to the forefront of marine finance.
- Crude cocktail with a dry chaser
Frontline 2012's product carrier splash could be the first course on a menu that may include bulkers, analyst says.
- Greeks in tug tie-up
Vernicos Argonaftis and Zouros Maritime form joint venture to minimise costs and expand Hellenic footprint.
- EGLE debt drama drags on
Shares of Sophocles Zoullas-led bulker owner dive despite waiver extension as payment deadline looms.
- Genting HK sells cruiseship
Malaysia-based owner offloads vessel on bareboat charter to Norwegian Cruise Lines for $260m.
- BLT: restructuring on track
Indonesian tanker owner's spin doctors torpedo talk surrounding surprise resignation of turnaround consultant FTI.
- Pirate attack foiled
Nigerian raiders give up after crew on Greek ship hide in safe room off Lagos.
- Economou goes minimalist
Billionaire shipowners reveals ambitions, name an enemy and how shipping beats sleeping when times are tough.
- Bosses buy into Rina
Ugo Salerno-led class society aims to boost capital by EUR 12m through share scheme for managers.
- Pallas loss widens
Swedish tanker owner's nine-month result hit by aborted acquisition as revenue grows.
- Miclyn seals Samson financing
Singapore-based offshore vessel owner wraps up $23.4m package with GE Capital.
- Scotline acts on access
Report highlights danger of ad-hoc entries into cargo holds following fatal accident on Scot Pioneer in Ireland.
- Angelicoussis in $1.25bn loan
Top owner shows that raising large scale expansion finance is still possible despite Eurozone crisis.
- Sanko rescue plan delayed
Struggling Japanese company tells creditors meeting that rehabilitation slowed by ongoing talks with certain shipowners.
- GC Rieber pens $130m order
Oslo-listed offshore vessel owner cranks up subsea involvement with high end vessel from Ulstein Verft.
- Vitality caught in spill spat
Greek boxship's insurer the Swedish Club says vessel innocent victim in Spanish oil slick case.
- Fredriksen holds on to crown
John Fredriksen has retained the title as the most influential person in the world shipping industry in TradeWinds Power 2012 list.
|JUNE 1, 2012|
- U.S. determines CV duties for Chinese wind towers
- U.S. ag exports in 3Q to hit $134.5 billion
- Employers: ILA not bargaining in good faith
James A. Capo, chairman of the U.S. Maritime Alliance, which serves as the employer group negotiating a new contract with members of the International Longshoremen's Association, is concerned about a lack of "meaningful bargaining."
- San Pedro Bay ports offer clean ship incentives
Vessels with engines made to the highest emissions standards will be eligible for rewards of up to $6,000 per visit at the Port of Long Beach as part of an ongoing effort to reduce air pollution. L.A. implemented its program in May.
- CP strike ends, begins to resume service
Legislation ordering 4,800 workers back to work was passed on Friday by Canada's Senate and CP told shippers that their cargo will begin moving and intermodal terminals are resuming normal hours.
- Maersk Line to cut 400 jobs
The job cuts, which come four years after Maersk last shed jobs, will occur in mid-June at its various central global offices, including 250 at its Copenhagen headquarters. Other cuts will happen in London, Singapore, Mumbai, Pune, and Manila.
- Amazon's Kiva buy gains Quiet validation
- Talks with West Coast longshore clerks at impasse
- INTRAL adds dashboard to GTM
- CMA CGM raising rates
- CMA CGM Logistics opens NJ office
|JUNE 1, 2012|
- Annual shipping earnings to fall on high bunker costs
Report stated container lines look set to bet hardest hid by fuel costs.
- Bunker prices down in the Americas as week closes
Demand was light on the US Gulf, according to a local supplier.
- Alaska senator concerned by ECA effects on shipping costs
Senator told by industry executives that ECA may result in a 25% rise in shipping costs.
- 'Are you ready for 2015?' theme sparks debate
Without level playing field, owners are not going to risk their capital in meeting the regulations, says speaker.
- New attack on sulphur regulations
Industry lobby 'deeply regrets' the latest EU moves.
- Fujairah prices fall for sixth consecutive trading day
IFO prices in Middle East hub at lowest level for almost a year.
- Bunker prices drop by double-digits in Rotterdam
IFO products showed the lowest average since October, 2010
- Bomin becomes one of 'world's largest bunker companies'
Merged company has acquired 'critical mass'.
- Singapore sees 'rare shortage of high-density' cargoes
Players reluctant 'to give away value' by using the higher-quality materials for the bunker market.
- LR explains scope of Product Verification Scheme
'Ship management is bombarded with products which appear to be able to solve problems at low cost and with minimal effort.'
- LNG bunkering: 'No big future before 2020'
Next five years will be about 'very, very efficient engines' for heavy fuel.
- Asia bunker markets see double-digit price falls
Supplies of marine fuels fine.
- Singapore bunker supplier 'in liquidation'
Prestige Marine has been declared 'in liquidation' by a local authority.
- Malaysia-based shipping firm posts 43% increase in profits
Uncertain charter rates and bunker costs remain challenges.
- Investment decisions a 'headache' for shipowners
Rising bunker prices, new technologies and emissions framework 'giving shipowners a headache', says LR spokeswoman.
- ITCL records slightly wider Q1 losses
Due to 'weak' VLCC spot market and fuel consumption issues with the VLCC Ulriken.
- The importance of accurate fuel efficiency measurement
Between regulatory pressures to reduce the carbon footprint of ships and historically high fuel prices, the impetus to reduce fuel consumption has never been stronger.
- Titan 'relieved' of charter burden
Termination of five charter agreements will relieve the company of 'the financial burden' of paying $15.3 million of charter fees, it says.