|SEPTEMBER 4, 2012|
- Trade slump to bring hard times to Chinese shipping: Qingdao port chief
- CK Line starts Vietnam-Korea, Hong Kong/China, Thailand service (VTS)
- China Merchants acquires a 50pc stake in Lome container terminal in Togo
- WTSA members to levy eco-fuel surcharge as UN emissions mandate bites
- Finland mulls sulphur green fund as shippers demand compliance cost aid
- MSC extends Swedish coverage with weekly call at Stockholm October 1
- Caribbean braces for fierce rivalry when expanded Panama Canal opens
- Argentine mooring tariffs expected to increase 23pc as inflation soars
- NYK president meets captains, engineers in annual safety campaign
- US surface transportation trade with Canada and Mexico up 6.6pc in June
- Talk of Tacoma eclipsing Seattle sparked by July Grand Alliance shift
- Cargotec delivers 12 yard tractors to Canary Islands' Port Las Palmas
- '3D printing' poses big threat to transport, labour intensive industry
- Hydrex offers underwater tanker stern tube seal repairs while afloat
- Statistics show Hunan's trucking growth outpaces all of central China
- Kuehne + Nagel to provide healthcare logistics to Bayer in Chile
- China to invest more in logistics infrastructure despite weakening demand
- Hebei's Baigou County to cooperate with Tianjin on new 'dry port' facility
- Purfresh offers partnership scheme to pick growers of fruit and veg
- Inchcape Shipping Services opens new office in Dutch Harbour, Alaska
- IATA: July global air freight falls 3.2pc after 0.1pc rise in June
- Air NZ profit dips 12pc to US$57 million, outlook upbeat for year ahead
- Boeing, Airbus join Chinese experts to find affordable aviation biofuel
|SEPTEMBER 3, 2012|
- Better rates seen for box shipping
- G6 Alliance implements Asia-Europe winter programme
- Global Ship Lease back to black in second quarter
- PCHAA assists a school in need
- SCFI index sees fall on all trade lanes last week
- Oilmeal exports slip 3 pc in July
- A. J. Lokhande takes charge as JN Port's Chief Manager (PPD)
- DP World's H1 profit up 12 pc
- Pakistan may hand over key port to China
- UAEs Gulftainer terminals register 23 pc throughput surge in H1
- CMIE projects industrial output to grow 5.1 pc in FY13
- INR rises smartly
|SEPTEMBER 3, 2012|
- Waberer's International reports good results for H1/2012
The Hungarian transport company Waberer's International reached its target set for H1/, according to the company's board at its meeting in Budapest. The company's ebitda neared EUR...
- China's ICBC Leasing places order for 50 Airbus A320 family aircraft
China-based ICBC Financial Leasing Co Ltd. has signed an agreement with the European airframe manufacturer Airbus for 30 A320ceos and 20 A320neos. The aircraft purchase agreement w...
- Messina orders four more ro-ro containerships
Ignazio Messina, the Italian shipping group based in Genoa, has ordered four new state-of-the art ro-ro containerships from the South Korean shipyard STX Offshore & Shipbuildin...
- Trailer Wizards opens first two new locations in Saskatchewan/Canada
The Canadian service provider Trailer Wizards Ltd is opening two new branches in Regina and Saskatoon (both in Saskatchewan). The new locations will help link Trailer Wizards' Prai...
- Swiss retailer Spar deploys first full-hybrid HGV
The Spar Group Switzerland, a St Gallen-based family company, has started to use a 26 t full-hybrid truck for transport purposes for the first time. The vehicle cuts fuel consumpti...
- Europorte wins contract at Atlantic port of Bordeaux
The port of Bordeaux authority has selected Eurotunnel's rail freight subsidiary, Europorte (Socorail), to manage the operations and maintenance of its railway infrastructure for a...
- Ansaldo wins EUR 40 million contract in South Korea
Ansaldo, a Finmeccanica company within the consortium led by LSIS, has been selected by Korea Rail Network Authority (KRNA) as the supplier of the train control system for the Hona...
- Kuehne + Nagel celebrates 20 years of service in Russia
The Switzerland-based logistics service provider Kuehne + Nagel established a national subsidiary in Moscow in 1992. The company recently celebrated this event with numerous client...
- 5th runway for 6th busiest airport in the world
Charlotte Douglas international airport in North Carolina (USA) recently announced that it will build a new nearly 4,000 m runway. The USD 160 million project will be the airport's...
- Air Arabia adds second daily flight to Delhi
Last Saturday (1 September), the Sharjah (UAE)-based branch of Air Arabia launched a second daily service to Delhi (India). The extra flight provides a morning departure option fro...
- Cathay Pacific appoints new head of communication
Hong Kong-based Cathay Pacific Airways has appointed Cecilia Leung as general manager corporate communication with effect from 1 September. She will be responsible for the global c...
- New marketing structure at the seaport of Kiel
The seaport of Kiel (Germany) introduced a new marketing structure on 1 September. Knud Sörensen was chosen as the new head of the marketing department and the cruise ship departme...
|SEPTEMBER 3, 2012|
- UK Club reorganizes its structure
- Abu Dhabi Mar eyes P+S Werften
- Wilhelmsen Ships Service launches new plasma cutter
- Navies to shipowners: Don't relax anti-pirate measures
|SEPTEMBER 3, 2012|
- Naming the power players
Lloyd's List needs you to nominate the most influential people in shipping
- Premiums rise for VLGC spot-market voyages west of Suez
Delays in Brazil ports tighten market and boost freight rates
- Unifeeder targets UK coastal traffic with Feederlink acquisition
Expanded network positions firm to compete against UK road and rail
- Cash-rich owners set to take pick of older bargains
Lack of bank interest in mid-life vessels may drive down prices further
- SMM 2012: Shipyards yet to convince owners over green designs
Shipbuilders use environmental demands as a new marketing tool, but owners remain sceptical over their ability to live up to claims
- SMM 2012: Ban CO2 firefighting systems, urges Norwegian lobby
Technology does not meet ISM and crew safety needs, Skagerrak Foundation claims
- Supramax resale fetches just $22m
Deals point to softening sale and purchase market
- Petredec buys VLGC amid forecasts of robust market for the near future
Company's expansion plans stay on course
- Banks must drive German shipping to consolidate, say SFF delegates
SMM 2012: Sector ripe for takeovers with 400 firms operating an average of nine ships
- Pakistan breakers pay the week's highest prices
Most demolition business goes to Bangladesh, but Gadani digs deep for large tankers
- G6 alliance culls Asia-Europe capacity by 15%
Group suspends loop as peak season fails to materialise and lines prepare for slowdown
- ITF steps up Baltic inspections
Week of action runs until Friday
- Navies urge continued Somalia vigilance
Shipping must keep up its guard despite drop in pirate attacks
- Market awaits sale price for 13-year-old VLCC pair
Deal will clarify buyers' appetite for ageing tankers
- CSAV reduces its second-quarter losses
Chilean line says it is on course to recovery after freight rates rally
- Amsterdam seeks new role for ACT
Port chief 'disappointed' by owner's decision to close containers facility
- US box imports surge 9.7% on year
Automotive and furniture sectors show strong growth
- Greek ferry lines strive to curb losses
Sector is losing money, but two out of three major listed operators reduce first half deficit
- Ceva Logistics wins five-year deal with Heinz food giant
'Unprecedented' long-term ocean freight contract means handling 60,000 teu per year
- Congestion from a US ports strike would hit boxship operators hard
Shippers may divert cargo ahead of vote to avoid disruption, says Macquarie Research
- Holding the line
The G6 move to reduce capacity indicates accelerating weakness on the Asia-Europe trades
- MSC Flaminia towed out of UK waters
France, Belgium and the Netherlands approve passage for fire-damaged boxship
- Killing over unpaid ransom signals new Somali pirate business model
Death of Syrian hostage after two-year stalemate ups the stakes for all sides
- CMA CGM completes cruise business sell-off
Private equity firm Bridgepoint buys Ponant
- UK P&I Club restructures to prepare for Solvency II
The club will no longer write direct business via Bermuda
- SMM 2012: Secure Money Making
Environmental awareness is an increasing necessity, but can shipowners have a commercial interest in saving the planet when they are too busy trying to save their businesses?
- HSH Nordbank's silence adds to Omega drama
Court hearing postponed to September 10
- Owner of sunken Thermopylae Sierra blames Sri Lankan government
Greece's Scarlet Shipping says authorities are 'totally and ultimately responsible' for sinking
- Omega Navigation Chapter 11 reorganisation plan faces opposition
Short-changed creditors and lenders attack 'unfair and illegal' proposals
- Babson Capital sets sights on further shipping investments
But cash will be available only to 'good prospects' sourced through private equity partners
|SEPTEMBER 3, 2012|
- Venezuela refinery restarts
PDVSA said the refinery complex in Paraguaná, Venezuela, has returned to processing 170,000 barrels of crude per day, IHS World Markets Energy reported today
- Ship glut cools breaking prices
BROKERS and cash buyers are cautioning that recycling prices might cool as more big ships head for breaking beaches
- G6 suspends Far East/Europe loop
HAPAG-Lloyd said today the G6 box shipping alliance is suspending its Loop 3 Far East/Europe as of early next month
- Flaminia transiting Channel
SCORCHED box ship MSC Flaminia was transiting the Channel today after being cleared last week for its journey to Germany
- Worries renewed on Russia's grain exports
KREMLIN grain harvest forecasts for summer have fallen below the estimate for Russia's yearly domestic grain consumption: 70M tonnes
- Ponant sale completed
CMA CGM said today it has completed its sale of cruise ship subsidiary Compagnie du Ponant to private equity investor Bridgepoint
- Swiber gets rest of Atlantis
OFFSHORE company Swiber Holdings said it has moved to acquire full ownership of investment holding company Atlantis Navigation
- Evergreen, Yang Ming profit
TAIWANESE box carriers Evergreen Marine and Yang Ming saw their first quarterly profits in a year, as improved long-haul freight rates boosted earnings
- Liners get stonewalled on rates
LINERS appear to be getting stonewalled in their attempts to raise long-haul rates this month, given a continuing drop in rates
- DOF raises 700M kroner
DOF SAID today it has raised 700M kroner ($120M) by placing seven-year bonds on Norway's bourse
- Builders complete merger
JAPANESE builders IHI Marine and Universal Shipbuilding have completed their merger, with the new Japan Marine United to operate as of 1 October
- Investors target secondhand VLGCs
DECENT freight rates for VLGCs are translating into good prices for secondhand tonnage, brokers said today
|SEPTEMBER 3, 2012|
- CSAV Slashes Second Quarter Loss
CSAV's second quarter operating loss narrowed sharply year-over-year to $61.7 million from $381.4 million as the Chilean ocean carrier reaped...
- G6 Alliance Pulls One Asia-Europe Service
The G6 Alliance of European and Asian container carriers said it is temporarily suspending one of its Asia-Europe services because...
- Abu Dhabi's Khalifa Port Open for Business
Abu Dhabi's Khalifa port began commercial operations Sept. 1 with the arrival of the container vessel MSC Bari, port operator...
- Commentary: Hours-of-Service, Years of Debate
Q: I've been following, or at least tried to follow, the arguments about the Federal Motor Carrier Safety Administration's hours-of-service...
- Interactive Graphic: Trucking Dashboard 2nd Quarter 2012
- Economic Pains Bring Slower Gains for Motor Carriers
Trucking kept pace and occasionally moved ahead of a slowing economy in the second quarter, with the largest publicly owned...
- Developers, Rails Looking Inland for New Ports
The next generation of inland ports will likely reflect a post-recession flavor. With import volume crawling toward pre-recession highs, the...
- Commentary: Presidential Reality Checks
The dog days of summer provided no respite from the pre-convention point-counterpoint between the Obama and Romney camps. PolitiFact has...
- NY State Agency Sees Lack of Diversity on the Docks
A New York state agency's discrimination complaint against the International Longshoremen's Association and the New York Shipping Association adds a...
- TWIC Card Readers Not Yet Specified
Ports and marine terminal operators that have been waiting anxiously for the Coast Guard to release its notice of proposed...
- Mexico's Ports Focus on Home Delivery
Mexico's ports are sometimes viewed as potential low-cost gateways for Asian cargo moving to the U.S., but Manzanillo, Lazaro Cardenas,...
- Trucking Thrives on the Border
Shippers looking for trucks in northern Mexico desperately want something in short supply across North America: la capacidad. Truckload capacity...
- For Mexican Rails, Growth is Stacked
When it comes to Mexican rail growth, you haven't seen anything yet. Mexican railroads' share of surface freight moves...
- Mexico Making a Name for Itself in Manufacturing
The Mexican economy can be baffling to Americans. News headlines of horrifying gang violence tend to overshadow the booming manufacturing...
|SEPTEMBER 3, 2012|
- Polzug branches out in Poland
Polzug has started offering three return trips a week between Gdynia, Gdansk and Poznan in Poland. Poznan is the railway company's hub terminal in central Poland, ...
- Asciano orders Cargotec AutoStrads
Asciano, which owns Patrick Stevedores, has announced that it has ordered 44 automated straddle carriers (AutoStrads) from Finland-based Cargotec with deliveries ...
- IAS launches chassis software solution for US
Following the exit of several ocean carriers from providing chassis in the US, International Asset Systems (IAS) has launched ChassisManager in order to ...
- G6 joins exodus from Asia-Europe tradelane
The G6 Alliance has joined the CKYH alliance in announcing a service withdrawal programme between Asia and northern Europe. In early October, the G6 will suspend ...
- Strike threat after ILA contract talks reach impasse
Negotiations between the United States Maritime Alliance (USMX) and the International Longshoremen Association (ILA) have taken a turn for the worse after the latter ...
- Its all in the LNG price
That is what 12 months of research and analysis by Lloyd's Register (LR) has concluded when it comes to the use as LNG as an alternative fuel to bunker fuel for ...
- Hamburg container traffic static in Q2 12
Hamburg's container traffic was stable in Q2 12 with 2.2 million TEU handled, practically the same as in the opening quarter of the year and also the same as in ...
- Lagos-Ibadan rail link to be built
Rail transport for both freight and passenger transfers is to be given a huge boost in Nigeria following the Government's signing of a USD1.4 billion contract with ...
- Khalifa opened
|SEPTEMBER 3, 2012|
- Havyard bags wellboats
Havyard has clinched an order for a new wellboat from a compatriot owner.
- Sincere slides
Taiwan's Sincere Navigation has posted a weaker first half profit as revenue slipped.
- CSAV curbs loss
Compania Sud Americana de Vapores (CSAV) has turned in a dramatically improved set of second quarter numbers.
- Feline feeling fine
A stowaway cat has survived three weeks in a shipping container during a voyage across the Pacific.
- Party poopers
A huge surplus of 350 vessels means the capesize market will be unable to repeat its 2009 spike, Barclays Capital believes.
- Austal eyes charter
An AUD 100m ($102.52m) ferry built on spec by Australia's Austal could be chartered out in Europe if no buyer emerges.
- Nam Cheong on a roll
Nam Cheong has continued its recent winning streak by scooping a deal worth close to $60m.
- Navies fire piracy warning
Anti-piracy forces have pleaded with shipowners not to become complacent following a drop in activity off Somalia.
- WAM's bulker coup
India's West Asia Maritime (WAM) has scooped a five-year bulker charter worth $47.5m.
- Dragnis defends divi axe
John Dragnis has defended Goldenport Holdings' decision to ice dividend payments.
- G6 cans Asia-Europe route
The G6 alliance has confirmed plans to temporarily shelve one of its Asia to Europe routes following a slump in business.
- Costa Allegra scrapped
Costa Cruises' Costa Allegra is heading to breakers in Turkey after being hit by fire in February.
- More woe for Anek
Greek ferry owner Anek Lines has posted a bigger net loss in the first half as the country's economic crisis continued to hit its operations.
- Capes sent for the chop
A capesize caught up in a crash off South Africa last year has headed a run of large bulkers to the scrap heap in Bangladesh.
- ADM eyes P+S
UAE shipbuilder Abu Dhabi Mar (ADM) could buy insolvent German group P+S Werften's shipyards.
- Costs curtail U-Ming
Taiwanese bulker owner U-Ming has posted a lower profit in the first half as operating expenses rose.
- Cash in bag for Dof
Helge Mogster's Dof is $120m to the good after a trip to the bond market.
- Crew member lost
A seafarer has reportedly gone overboard from a Costa cruiseship off Turkey.
- Hostage murdered
Somali pirates have killed a Syrian crewman on the hijacked Orna in a protest over a delayed ransom payment.
- Hoegh clinches Chile job
Hoegh LNG looks to have emerged victorious in its bid to win a floating LNG import terminal (FSRU) project in Chile.
- Kreuz eyes newbuilding
Singapore's Kreuz Holdings says it is looking to acquire a multipurpose subsea dive support and construction vessel.
- Ultrabulk back in profit
Ultrabulk Shipping has returned to profit in the first half of 2012 following a major reduction in operating costs.
- McDermott back at Vigo
McDermott International has returned to Spain for a second high capacity reeled pipelay vessel newbuilding.
- Price key to LNG as fuel
Global acceptance of LNG as an alternative marine fuel will come down to price, a new Lloyd's Register study contends.
- LOOP has reopened
The Louisiana Offshore Oil Port (LOOP) in the Gulf of Mexico resumed operations over the weekend.
|SEPTEMBER 3, 2012|
- Suez 'runs dry'
No replenishment date for Egyptian bunker hub.
- Bunker prices climbing in European hubs
Markets firm in key European ports.
- Caribbean refinery 'will not be restarted'
Valero says Aruba plant will become refined products terminal.
- 'Fuel saving' data system installed NOAA vessels
Database allows operators to find 'most economical fuel settings.'
- Bunker volumes set to surge
Port of Ust-Luga could see demand grow by 75%.
- Refinery shut down after damage to floating pipeline
Ceypetco tendering for fuel oil to make up for any shortfall.
- Bunker prices start the week firm
Demand mixed at key Asian ports on Monday.
- Insolvencies to grow 'even larger'
More distress sales of vessels expected in the coming months, says CEO of publicly-traded German shipping fund.
- South China fuel oil imports to rise
Sinopec Fuel Oil expected to maintain high fuel oil imports in September.
- Singapore and Denmark ink maritime MOU
Set to cooperate in promoting clean and green shipping.
- Petrobras invests $71.6 billion to modernise, expand refineries
Plan will enable the energy major to produce fuels with lower sulphur content.
- Titan in further share acquisition deal
Acquisition by Guangdong Zhenrong's subsidiary triggers obligatory takeover for Titan's remaining shares.