|JUNE 8, 2012|
- Eurogate flies the flag in China at the "German Ports" stand
- The ports Le Havre, Rouen and Paris to participate in TL China 2012
- Guangzhou Port Group's April throughput exceeds target
- Shanghai seeks rise in container traffic in new first five-year plan
- Logwin celebrates two decades of doing business in China
- Le Harve clinches Best Seaport in Europe award for the second year
- Turkey's Arkas/EMES unveils Black Sea-Turkey-Morocco loop
- 2Go Group forecasts EBITDA of US$50 million in 2012
- Containership carries dead whale on its bulb to Rotterdam port
- Uncertainty surrounds future of arrested box vessel in Halifax
- Lion City roars at AFSCA by capturing top industry awards
- Chinese express company launches domestic all-cargo flight services
- China's April air freight volume down 6.9 per cent in April
- Emirates SkyCargo to boost US-UAE trade with new service
- Panalpina first Boeing 747-8F takes to skies
- UPS takes delivery of 50th Boeing 767-300 freighter
- Canada and US work together for cargo security
|JUNE 7, 2012|
- CMA CGM's volumes, revenue up in Q1 2012
- Shipping professionals gather to network, socialise & learn at SPNM's 3rd event
- Adani Hazira Container Terminal to be commissioned on August 1
- JNPT observes World Environment Day
- Sri Lanka to convert Hambantota port into vehicle transhipment hub
- Mumbai Customs issues new CHA licences after more than two decades
- Govt proposes single-window clearance for exporters
- Prime Minister approves infrastructure targets for 2012-13
|JUNE 7, 2012|
- Hansa Treuhand's owner expects 130 container vessels to be scrapped in 2012
The owner of the Hamburg (Germany)-based Hansa Treuhand Group, Hermann Ebel, told the local press that he expects some 130 container vessels to be scrapped in 2012, after only 49 u...
- Opening date of new JadeWeserPort still uncertain
The problems with Germany's new JadeWeserPort have not been solved. The second delivery of the largest post-panamax container gantries from ZPMC has arrived and the equipment is be...
- BNSF spending in California to maintain and expand rail capacity
BNSF Railway (BNSF), one of North America's leading freight transportation companies, plans to invest an estimated USD 120 million on maintenance and rail capacity improvemen...
- Switzerland's Stadler Rail building rack and pinion locomotives for MRS Logística in Brazil
The Swiss rolling stock manufacturer Stadler Rail is building seven rack-and-pinion locomotives for the Brazilian cargo company MRS Logística SA. The order is worth about CHF 60 mi...
- Pema continuing to break records
After two record-breaking years in 2010 and 2011, Pema, one of Europe's largest manufacturer-independent commercial vehicles lessor, is continuing to chalk up successes and was abl...
- New chairman for VDI load securing committee
Ralf Ober, an authorised signatory of the road transport federation Westfalen-Lippe eG, has been elected as the new chairman of the Association of German Engineers' committee of ex...
- Global road freight transportation services industry to hit USD 2,021 billion in 2017
The global road freight transportation services industry experienced good growth over the last five years and is expected to continue that momentum to reach approximately USD 2,021...
- Iata applauds historic US-EU cargo security agreement
The International Air Transport Association (Iata) applauded the recent agreement between the European Commission (EC) and the US Transportation Security Administration (TSA). The ...
- "Green" Solar Impulse aircraft leaves Europe and lands in Africa
Under the patronage of Morocco's King Mohammed VI and upon invitation of the Moroccan Agency for Solar Energy (Masen), the Solar Impulse aircraft of Bertrand Piccard and André Bors...
- Delta Air Lines invests in Grupo Aeroméxico
Grupo Aeroméxico has received USD 65 million from Atlanta GA (USA)-based Delta Air Lines Inc, as part of the latter's investment in Mexico's flagship carrier's capital stock. Delt...
- Silver jubilee for boss of Hertzog & Partner
Elmar Zitz, managing partner of Hamburg (Germany)-based Elmar Hertzog und Partner Management Consultants GmbH, celebrated 25 years of service to his company on 1 June. The trained ...
- Karl Dischinger providing logistics services for Prodinger OHG
Prodinger OHG, Germany's leading wholesaler for transport packaging, transport technology and industrial hygiene products, is investing EUR 9.5 million in a new warehouse in Herbol...
- Ceva Logistics opens new vehicle logistics centre in the Philippines
The SCM and logistics service provider Ceva Logistics has phased in its multi-user vehicle logistics centre in the Philippines. The state-of-the-art complex is located at Sta Clara...
- Globe Express Services opens new locations in Bangladesh
Globe Express Services (Overseas Group/GES), one of the world's top 100 global logistics providers, has added two fully licensed corporate locations in Bangladesh. One is in Dhaka,...
|JUNE 7, 2012|
- Penguin Shipyard delivers first Flex-38 green crewboat
- Harvey Gulf buys Bee Mar vessels and assets
- BAE Systems starts construction of trailing suction hopper...
- BV to stop providing services to Iranian ships
- $440 million nuclear sub fire "started in shipyard vacuum...
- Matson separation from Alexander & Baldwin on track for...
- Castrol Marine launches 80 BN cylinder oil
- Drydocks World Nanindah launches Hallin Marine compact...
|JUNE 7, 2012|
- Port of Coos Bay seeking rail rehabilitation project bids
- Long Beach Port Board Authority honors K Line for speed reduction
- Seattle waterfront prepares for Classic Weekend activities
- Yang Ming expanding scope of AWE3 service
- Union following progress of reforms to TWIC program
|JUNE 7, 2012|
- Giving up the goods
Recent ruling has set a precedent in which a carrier can enforce a lien over a shipper's goods if there are outstanding invoices
- Brazil drives Latin America's LPG demand growth
Country invests in infrastructure to host 2014 football World Cup and 2016 Olympics
- Oil companies snap up drillships for ultra-deepwater exploration
Seadrill and Maersk Tankers ride a boom in demand
- Tug-of-war for Mozambique's gas riches
Shell and PTT raise bids to buy small East African gas explorer that has stake in Rovuma field
- Cexim bank set to expand new shipping loans
Posidonia 2012 EXCLUSIVE VIDEO INTERVIEW: Export credit bank prepared to tap $6bn pot as China sees its yard orders dry up
- Weak Med trades hit Asia-Europe box volumes
Industry figures show April drop
- Wainio quits Port of Tampa
Resignation took the board by surprise, says chairman
- OSG stands by Morten Arntzen compensation package
Proxy advisers cited irrelevant competitors in reaching negative conclusions, shareholders are told ahead of AGM
- Qatar takes heart from rising Asian LNG demand
Importers continue to turn away from higher-polluting coal
- Crunch-time for shipping as small owners struggle with finance
As restructurings expire, many players have limited access to alternative funds
- Asia must tackle its yard glut to persuade banks to lend to shipping
Posidonia 2012: losing excess capacity will restrict fleet growth and support recovery
- Greece urged to act on cruise line demands
Posidonia 2012: A bonanza awaits, but companies can easily be scared off by inappropriate policies, says European Cruise Council
- Record scrapping forecast for bulkers
Up to 58m dwt of the dry bulk fleet could be scrapped this year
- Dolphin secures $1.5bn loan to help finance new drillship
All eyes are on East African gas bounty, while Arctic presents challenges for drillships
- Experts split over money's role in non-compliance with green regime
Posidonia 2012: Is shipowners' reluctance to comply with new regulations driven by financial motivation, technical problems or just a lack of understanding?
- Ignorance and poor paperwork blamed for bulk of US prosecutions
Posidonia 2012: Shipowners urged to sharpen their awareness of environmental requirements
- Danube states sign pledge to keep the river's trade flowing
European Commission brings together ministers to avoid a repeat of last autumn's disruption
- Shipping must shake its apathy over environmental regulation
Posidonia 2012: Study needs input to reveal the true cost of compliance to shipowners
- Coscol eyes 8% annual volume growth
Fleet expansion and emerging-market demand support multipurpose vessel unit
- Don't believe the hype
There is no such thing as a green ship
- Drydocks World unveils new subsea support vessel
Hallin Marine model designed by STX Canada Marine
- Boom forecast for Chinese corn imports
China's voracious appetite for grain will feed demand for dry bulk carriers
- US bill retains clause to scan all containers at port of origin
Contentious provision takes effect next month
- Whatever happened to the US driving season?
Expected seasonal boost crashes and burns, dashing MR tanker owners' prospects
- Russia and South Korea to collaborate on class
Societies to explore polar routes and share human resources and expertise
- Fixed cargo sizes limit innovative tanker design
Posidonia 2012: Hatzigrigoris urges sector to unite to plan future fuel efficiency
- Vale says valemaxes can benefit Chinese steel plants
Brazilian miner launches fresh lobbying effort to gain access into China
- Europe's banking crisis could help shipping, says Ted Petropoulos
Greece's best-known ship finance guru shares his insights into the market
- Nicaragua Canal
An old idea has resurfaced, and why not?
- MISC denies plan to sell NCB Port Holdings stake
Chief executive quashes speculative reports of sale of terminal interest
|JUNE 7, 2012|
- Perils seen in yard glut
THE BIGGEST danger in the newbuilding sector is excess yard capacity, creating fleet oversupply, not the scarcity of lending, Posidonia delegates heard this afternoon
- India to add port capacity
INDIAN Prime Minister Manmohan Singh has chalked out Delhi's plans for ports, roads and other infrastructure for the coming financial year
- ESL imposes congestion surcharge at Chennai
SEVERE congestion at Chennai's port caused by a three-day truck strike has led a shipping line to impose a freight surcharge
- Cruise berthing changes urged
GREECE'S egalitarian policy on port berths hinders the cruise sector, the Posidonia shipping conference was told today
- Algeria to expand gas export capacity
ALGERIA said today it hopes to raise natural gas export capacity to 90Bn m³ per year by 2015, from the current 60Bn m³/y
- Blowing froth off cappuccino bunker report
FURTHER R&D is needed to understand the "cappuccino" effect on bunkering, according to Germanisher Lloyd VP Alam Khorshed
- China's coal demand heating up
CHINA'S steam coal demand is likely to build in the next few weeks as temperatures rise sharply for summer, a drybulk consultancy has predicted
- Dolphin gains $1.5Bn credit facility
DOLPHIN International, the listed drill ship and rig operator controlled by Norway's Fred Olsen Energy, has signed a five-year credit facility accord for up to $1.5Bn
- Korea Register allies with Russians
THE KOREAN Register of Shipping told Fairplay today it is forming an alliance with the Russian Maritime Register of Shipping
- Partners to develop gas fields
SANTOS today signed an agreement with South Korean conglomerate SK Group and ConocoPhillips to develop the Caldita and Barossa gas fields in the Timor Sea
- India seen as new LNG 'tiger'
IF CHINA develops its shale gas resources much earlier than analysts predict, India could become Asia's most important LNG market, a conference in Malaysia was told today
- Japan to step even harder on the gas
JAPAN today predicted a big jump in LNG demand, with little short-term prospect of restarting its nuclear industry
|JUNE 7, 2012|
- Woodward Succeeds Fraser as Horizon Lines' CEO
Sam Woodward was named president and CEO of domestic ocean carrier Horizon Lines, succeeding Stephen H. Fraser, who served as...
- Stevedore Says It's Not Taking ILA Work
A stevedoring company that plans to use workers from the Operating Engineers union to load military ammunition at Charleston said...
- APL Terminal Project Gets Green Light in LA
The Los Angeles Harbor Commission certified the final environmental impact report and approved the proposed expansion of the APL terminal...
- LA Port Budget Includes $285 Million for Expansion
The Los Angeles Harbor Commission adopted a 2012-13 fiscal year budget that includes projected capital expenditures of $285.7 million for...
- John Arwood, Former TFL President, Dies at 80
John R. Arwood, who served as president and CEO of Trans Freight Lines and chairman of Kirk Line during a...
- Tampa Port Chief Wainio Resigns
Richard Wainio, director and chief executive of the Tampa Port Authority, resigned unexpectedly on Wednesday, saying he wants to leave...
- Asia-Europe Spot Rates Slide for Fifth Straight Week
Average spot prices on the Asia-Europe trade slipped again this week for the fifth week in a row, reflecting the...
- Matson Completes Post-Separation Financing
Matson Navigation Co. has entered a series of debt financing agreements as part of a previously announced plan to separate...
- Shell, TA Sign Natural Gas Pact
Energy giant Shell Oil and truck stop chain TravelCenters of America agreed to build and operate a nationwide natural gas...
- ILA, ILWU Consider Alliance Against Non-Union Forces
The nation's two dock worker unions may take the lead in forming a maritime labor alliance to protect their jurisdiction...
- US Marines' Plan to Use Non-ILA Labor Upsets Union
The International Longshoremen's Association may have to take on the U.S. Marines to protect its jurisdiction in the Southeast. ...
- April Air Cargo Volumes Off 4.4 Percent Year-Over-Year
Global air freight volumes in April declined 4.4 percent year-over-year, according to the latest figures from Airports Council International. ...
- Freight Rates Are Again Profitable, Moller-Maersk's Andersen Says
Container freight rates are profitable again and could rise further if trade picks up over the summer, A.P. Moller-Maersk CEO...
- Neptune Orient Lines Names Wong South Asia President
Neptune Orient Lines promoted Jason Wong to the position of regional president for South Asia. Wong, who...
- Air France-KLM Cargo Slumps 8.8 Percent
Air France-KLM's cargo traffic slumped 8.8 percent in May from a year ago, driven by a double digit decline in...
- Maersk to Hike Rates on Major Trades
Maersk Line plans to apply a series of general rate increases on major trade lanes that will take effect in...
|JUNE 7, 2012|
- ESL adds Chennai trade surcharge
Chronic congestion at the Bay of Bengal port of Chennai is causing problems for several carriers with Hong Kong-managed Emirates Shipping Line (ESL) imposing an ...
- Yangtze River cargo on the rise
Container cargo levels are still growing at a modest rate along the Yangtze River Delta in China according to the latest statistics published by the Yangtze ...
- Mixed blessings in Euro-Latin American trades
Figures recently published by UK-based Container Trades Statistics reveal a very mixed picture in the Europe-South and Central America trades, with northbound cargo ...
- Asia-Europe cargo volumes still down in April
The latest information from the ocean carrier portal Container Trades Statistics reveals that exports from Asia to Europe remain in the doldrums. In April the 1.14 ...
- Global Container Terminals to rival Virginia Port with new tech launch
Competition is hotting up among US east coast ports in efforts to be ready to handle the larger size vessels that will be abale to transit the wider Panama ...
- Interest in Manta port concession grows
Within a month of the Manta Port Authority issuing its tender for the development and operations of a new multipurpose cargo-handling facility, some 10 companies ...
- Ocean carriers woes multiply
All-in spot freight rates quoted to forwarders in Shanghai for cargo exports to Europe and the US fell marginally again up to Friday June 1, 2012, according to ...
- CMA CGM still in financial trouble
As with most other major ocean carriers, CMA CGM continued to haemorrhage serious money in Q1 12. It lost USD248 million on the bottom line, on top of Q4 11's deficit ...
- Transport and logistics sectors lead the way in Dubai
The supply chain and freight transport logistics sectors are expected to post continuing growth over the next one to two years in Dubai with a leading recruitment ...
|JUNE 7, 2012|
- CIT targets tombstones
US banking giant's leveraged finance division ready to storm the market in a bid to fill gap carved by retreating rivals.
- Harvey pounces on PSVs
Offshore owner coughs up nearly $300m to takeover ten-vessel platform-supply fleet of US compatriot BeeMar.
- YSPNY enters adolescence
Campaign to become Manhattan's go-to group for shipping youngsters gains traction as fundraiser takes shape.
- Matson's marathon
US containership operator says A&B divorce may be sealed by the end of this month following massive debt overhaul.
- Trai Thien USA hints at delays
Vietnamese mini-bulker owner still searching for $42m from investors to fund newbuilding sextet.
- Avance bags VLGC brace
Stolt-Nielsen's gas shipping division takes a couple of vessels from John Angelicoussis as Greek owner exits the LPG market.
- Vroon adds quartet
Dutch group's MPI unit returns to UK yard South Boats for wind-farm transfer vessels.
- OSS may get more cash
Denmark applies for more EU funds to support second and third wave of redundancies at AP Moller-Maersk-owned yard.
- Greek ferry grounds
Passengers evacuated from Flying Dolphin XIX following incident on Thursday morning.
- KDM Shipping plots IPO
Ukrainian cargoship owner wants to double its fleet with the proceeds from listing in Warsaw.
- ICAP raises Japanese flag
Broker notes potential restart of two reactors may curb further rises in imports, dampening demand.
- Thenamaris off the bench
Greek owner buys its second tanker in as many weeks having sat out of the S&P game for a year.
- Blueseed eyes Silicon Sea
New cruiseship venture aims to woo tech boffins denied US work visas by anchoring 12 miles off California.
- MMHE unveils grand plans
MISC offshoot well placed to build orderbook as it plans $600m yard investment but denies port sell off.
- Shanghai volumes on the rise
The world's largest container port saw volumes grow by nearly 3% to second highest level in a year.
|JUNE 7, 2012|
- FedEx SupplyChain invests in technology
- VistaLogix picks Skinner for president
- Great Lakes shippers' 'light loading' plight
It's estimated the U.S.-flag Great Lakes vessel fleet loses more than 8,100 tons of cargo for each one-inch reduction in loaded draft, forcing many vessel operators to shrink their carrying loads.
- FMC: Complaints about personal goods to Brazil spike
- FMC revises NRA rules
The final rule to revise regulations for negotiated rate arrangements (NRAs) will eliminate some recordkeeping requirements to make them less burdensome for NVOs, the agency says.
- Longshoremen highlight disputes with other unions
Disputes over jurisdiction with other unions and vexation with the AFL-CIO are being highlighted this week by leaders of the two major unions for U.S. longshoremen...
- House panel advances port security legislation
The House Homeland Security Committee on Wednesday passed by voice vote the SMART Port Security Act, which attempts toenhance risk-based supply chain security programs.
- Chinese shoes found with lead contamination
Agency investigators seized from a Seattle-area distributor a shipment of children's shoes from China that contained three times the legal limit of lead, and ordered them to be destroyed.
- Maersk kills Spondylus WCSA loop
- NY/NJ port authority takes tenant's security deposit
- Shipco starts Dominican Republic-to-Miami service
- P&G chief to chair U.S.-China Business Council
- IFAI names Hennessy president
|JUNE 7, 2012|
- Falling bunker costs raise cruise operator estimates
'If bunker fuel behaves itself, then it is likely that investor interest will recover and that CCL and RCL could trade to our $36 price target for both companies.'
- Fujairah bucks firming trend
South Africa sees prices climb.
- European prices following 'firming trend'
WTI crude oil futures were showing losses in trading on Thursday
- US votes could delay development of biofuels
'Oil industry is trying to undermine a potential competitor,'says US Agriculture Secretary.
- Higher BN lube available from Castrol's main hubs
'Cyltech brand now spans the 40-80 BN range,' says lube supplier.
- Maersk to impose bunker surcharges in tanker sector
'Worldscale rates have not risen nearly as much as bunker costs,' says chief executive.
- Fuel oil stocks fall in Singapore
Western arbitrage arrivals to slacken in the weeks ahead.
- AADA to lower bunker surcharges in July
Decision follows the recent decrease in bunker prices in Hong Kong and South Korea.
- Bunker prices climbing in key Asian ports
Good supplies of bunker fuel in major Asian ports on Thursday.
- Coscon advises bunker adjustment factor for international trades
BAFs to affect trades in the Far East, Indian sub-continent, Europe, Mediterranean, USA and Canada.
- O.W. Bunker expands operations in Lithuania
Relocates 2,800 dwt Oxana bunker barge to Port of Klaipeda.
- Chimbusco's Qingdao branch gets safety award
Firm's Qingdao branch to be given 'favorable treatment' by marine authorities due to award.
- China fuel oil stocks rise 4.7% on-week
Increase partly due to higher imports from bonded bunker traders in East China.
- Japanese refineries to lower bunker output in June
Itochu Enex's exit did not 'severely affect' supplies of bonded bunkers, local traders say.
- Fujairah terminal starts second phase of construction
Phase two will be operational by the fourth quarter of 2013, says Socar.
- CMA CGM confident despite Q1 loss
Firm stated it had returned to break even in April as rates per container recovered and bunker prices fell.