|JULY 11, 2012|
- New joint FE-Mumbai service offered by HMM, TSL and GSL
- MSC expands Freeport-Centram feeder service to US East Coast
- Chongqing five-month bonded trade cargo value soars 292pc
- Sino-Russian Manzhouli crossing cargo rises 11.9pc in five months
- Cai Mep aims for 600,000 TEU in 2012, after 2011's 186,000 TEU
- Blue Star Holdings is second-largest NOO after merger of E.R. & Komrowski
- TNT Express puts controversial longer trailers British highways
- Gefco to take on most of General Motors logistics needs in Europe
- ABC flies walrus from Russia to Germany for dental appointment
- Riga airport cargo volume soars 194.7pc to 17,416 tons in first half
- Ground handler Swissport buys Inter Handling to expand in Finland
|JULY 10, 2012|
- Can shipping meet environmental obligations? - ICS challenges conference attendees
- China cooperating with India, Japan on anti-piracy patrols
- Dhaka offers extension of transhipment facilities to India
- Hyundai Heavy wins order for ten 13,800-TEU vessels
- Indus Container Lines obtains ISO 9001:2008 certification
- Leather goods exports likely to surge 20 pc
- Cochin Port offers discount to attract box traffic for West Asia
- Essar Ports to focus on India
- KoPT planning dredging to improve draught
- KPKS Mohan Aswani elected General Secretary of INTUC, Gujarat
- Boeing projects slowing freighter demand
- SCR freight earnings jump 40 pc in Q1
- Truck rentals bogged down by reduced cargo demand
- Govt to invite bids for sale of 2 mt of wheat
- India ranked 3rd in UNs most attractive investment destination list
- INR recovers on fresh dollar selling
- New World Bank chief warns on eurozone crisis
|JULY 10, 2012|
- Costa Concordia passengers file new suit against Carnival in...
- Rickmers-Linie promotes Ulrich Ulrichs to MD
- Irving Shipbuilding awarded $9.3 million preliminary NSPS...
- Private equity firm in majority recapitalization of Tideland...
- Drydocks World Dubai completes major maintenance project on NDI...
- Keppel Kazakhstan to build $242 million KFELS B Class jack-up...
- WSDOT sails away with award for bringing in new ferries on time...
|JULY 10, 2012|
- Washington DOT honored for building ferries under budget
- Retail group inks letter calling for speedy labor talks
- Unknown aviator photo series on display at Portland Airport
- General Dynamics buying Earl Industries ship repair division
- NYK vessel rescues stranded Chinese fishermen
|JULY 10, 2012|
- Strong owners benefit from falling boxship newbuilding prices
Yards willing to offer special terms to favoured clients
- Norwegian oil industry dispute hits aframax spot market
One cargo reported lost and now North Europe faces terminal maintenance worries
- CSA demands Chinese cargo owners stay out of shipping
Industry group says cargo owners should follow official guideline and resist building own fleets
- June's 10% fall in Chinese iron ore imports is poised to dip lower
Customs data show a loss in cargo demand last month equivalent to about one capesize discharge per day
- Q&A: Willis head of marine in Asia Darren Rowland
Insurance must not be used to police sanctions
- Drydocks World creditors back next step in $2.2bn debt restructuring
Ship repair and conversions outfit can now move towards closing joint venture agreement with Pacific Carriers
- German competition authorities agree Scandlines route sell-off
Stena Line plans to buy five Baltic freight-based links
- Indian cover to carry Iranian oil is insufficient, say shipowners
Industry concerned about liability under $50m limit but has few other options
- Solvency II poised to take effect from 2014
But time is running out to agree Omnibus 2 proposals ahead of confirmed deadline
- Ex-Safmarine boss takes helm at HHL
Tomas Dyrbye to become chief executive of Hamburg heavylift and project cargo specialist on August 1
- Deadline looms for Virginia port bids
APM Terminals is sole confirmed suitor for Hampton Roads but others are mooted
- Sanko Steamship sheds tonnage and plans early redelivery
Japanese shipowner presents reorganisation plan after filing for receivership
- Pirate attacks peak in West Africa
Unpredictable patterns of theft and hijacking expand the area of risk, says Bergen
- China's choice
Shipowners are just one concern for a government managing a slowdown
- Phoenix Petroleum snaps up Chelsea Shipping for $36m
Philippines deal delivers Phoenix a fleet of 10 product tankers
- NYK sends two young capesizes to the scrapyard
'Clearest sign yet' of trend to recycle to reduce exposure to bearish market
- Battle lines drawn as Sanko faces crucial Chapter 15 hearing
Are timechartered ships visiting the US fair game for unpaid creditors?
- International ports body launches forum for finance professionals
IAPH sets up committee to serve as a resource for exchanging views on common challenges and best practices
- Ecsa asks Brussels to keep tramp shipping guidelines
But European shipowners' group supports end of guidelines for liner trades
- It's good to talk
Brussels' maritime industry guidelines debate generates measured response
- Indian Supreme Court ruling roils shipbreakers and cash buyers
Pollution Control Board in Gujarat holding clearance of vessels until appeal is heard on July 19
- Tanjung Pelepas announces $470m expansion
Planned upgrade follows record monthly throughput for June
- Tuvalu warned over Iran reflaggings
US congressman tells South Pacific nation it may fall foul of sanctions
- Wilhelmsen Ships Service restructures Asia management
Move positions the firm for expansion in region's major port cities
|JULY 10, 2012|
- GM, Peugeot combine shipping volumes
VEHICLE carriers, box lines and port service providers will be facing a powerful new automotive customer, according to a venture announcement today in Paris
- Oslo ends oil strike
NORWAY'S government has stepped in to halt the country's long oil strike, causing production to resume today at key oil and gas fields, IHS Global Insight reported today
- Multipurpose market rates scraping bottom
CHARTER and freight rates in the multipurpose carrier segment remain under extreme pressure, with timecharter equivalent earnings still down in some sectors
- Taiwan Navigation plans to diversify bulkers
TAIWAN Navigation reportedly plans to increase its drybulk fleet from 15 to 25 vessels, exploiting current low newbuilding prices
- Drifting ship to be towed
A TUG is expected tomorrow to begin towing a drifting log-carrying ship to safety in India, maritime sources told Fairplay today
- Man dies after fall from ferry's top deck
A PASSENGER has been killed after falling from the top deck of Compagnie Tunisienne de Navigation's ferry Tanit
- European mini-bulker rates are lagging
A RUSH in shortsea cargo fixing in the North Sea in recent weeks was not enough to ease the plight of minibulker and coaster vessel owners in European trades
- China's crude imports fall to 2012 low
CHINA imported just 21.7M tonnes of crude in June, or 5.28M barrels per day
- Breaking prices bottom out
YOUNG Capesizes were sold for demolition last week, as breaking prices have finally bottomed after falling for nearly two months
- Older feeders lure buyers
SEVERAL decade-old feeders have been sold to Asian buyers, illustrating the high interest in such ships for intra-Asia trade
- Panamax rates still firming
A PROLONGED South American grain season is firming Panamax bulker rates, with prompt ships increasingly scarce, brokers said today
- Searchers seek four missing mariners
RESCUERS are today searching for four seafarers missing from a cargo ship that sank off the coast of Indonesia
- India approves P&I for Iranian oil cargoes
DELHI has decided to offer sovereign insurance cover to Indian groups whose ships carry Iranian crude
- Low LPG price galvanises VLGC market
AS SAUDI Aramco's LPG contract price crashed to a two-year low last week, Asian traders are wasting no time exploiting the situation
- Box ship chartering slows
CHARTER rates for box ships, especially the sub-Panamax category, are continuing to drop as the summer lull kicks in
|JULY 10, 2012|
- ILWU Protests Use of Non-Union Labor in Oregon
International Longshore and Warehouse Union members this week are picketing a barge facility in southern Oregon to protest a lumber...
- Oscar Abello, Former 'K' Line America CEO, Dies
Oscar J. Abello, the former president, CEO and chairman of "K" Line America, died on Sunday, July 8, in Pembroke...
- Retailers Optimistic Imports Will Increase This Fall
Retailers continue to plan for increased imports this fall despite discouraging news recently regarding consumer confidence, employment numbers and retail...
- RILA to ILA, USMX: Settle Contract Before Sept. 30
The association representing the largest U.S. retail companies urged the International Longshoremen's Association and United States Maritime Alliance to reach...
- Lufthansa Cargo Sees Drop in Volume and Revenue
Germany's Lufthansa Cargo carried 4.6 percent less freight in June than a year ago as it slashed capacity in line...
- Vietnam's Cai Mep Losing Carrier Appeal, Alphaliner Says
Vietnam's ambitious Cai Mep container port is losing its appeal to ocean carriers, according to Alphaliner, as lower-than-expected cargo volumes...
- Report: Japanese Container Trade Will Rise 3.2 Percent in Fiscal 2012
Japan's containerized cargo trade will rise 3.2 percent year-over-year in fiscal 2012, which started on April 1, to 12.865 million...
- Judge Rules Against Dismissal of Savannah River Dredging Suit
The fate of the long-planned Savannah Harbor Expansion Project remains undecided after a federal judge ruled against the dismissal of...
- Maersk Sets Rate Hikes on Asia Services
Maersk Line plans to implement a new round of general rate increases in its Asia services that would take effect...
|JULY 10, 2012|
- Nicaragua 'transoceanic' canal moves a step nearer
Nicaragua's dream to build a canal across the American isthmus and offer ocean carriers, importers, exporters, traders, etc an alternative to the Panama Canal has ...
- NYK to double sales from logistics
NYK intends to double sales from logistics operations according to a recent report in Bloomberg. NYK president Yasumi Kudo is reported to have said that ...
- St Petersburg's customs procedures improved
It is much easier to move traffic between St Petersburg's container terminals and the port's off-dock terminal in Yanino due to a change in customs procedures. ...
- South Africa and Chile to forge closer trade relationships
At the latest Joint Consultative Mechanism (JCM) meeting held between South Africa and Chile last week, the two governments have vowed to co-operate closer on trade, ...
- Planned Nova Scotia hub: a challenge to ECNA ports
A new deep-water container port planned for Nova Scotia - on the east coast of Canada - could pose a threat to the business models of other North American terminals: ...
- Iran military again threaten to close the Strait
The sabre rattling between Iran and the European Union (EU) and the US has stepped up a notch again with Iran's chairman of the military's Joint Chiefs of Staff ...
- CMIT calls for assistance for Vietnam's ports
Officials from APM T's Cai Mep International Terminal [CMIT] in Vietnam took the opportunity during a recent site visit by a delegation led by the State President, ...
- US steps up its 'car war' with China
America has complained to the World Trade Organization [WTO] about China's 'unfair' tariff on US-manufactured cars which at the luxury car level adds 21.5% of import ...
|JULY 10, 2012|
- Production crisis averted
Statoil is getting ready to reactivate oil and gas installations stalled by a tense dispute with unions over worker pensions.
- Farstad lands RAF job
A Farstad vessel has been given the somber task of retrieving a Royal Air Force Tornado that crashed in Scotland last week.
- Hong Kong holds its nose
Hong Kong port state control inspectors have detained two vessels for dumping sewage into the sea.
- Paragon pair nets less
Paragon Shipping has locked in short-term period deals for two of its bulkers at reduced rates.
- Navios lifts charter rates
Greece's Navios Maritime Acquisition Corporation has extended charter deals for two chemical tankers at slightly better rates.
- Keppel wins rig job
Keppel Corp has bagged yet another order for one of its KFELS B Class jack up rigs
- Timaru left in lurch
- Cape rally cooling
Concerns the capesize mini-rally has run its course continue to grow.
- Stena RoRo pursues $36m
Sweden's Stena RoRo has won the right to an appeals hearing in its battle to claim compensation for two cancelled ro-paxes in Russia.
- NYK rescues fishermen
An NYK-owned LPG carrier rescued four Chinese fishermen after their fishing trawler sank in the South China Sea.
- Drumming up a billion
- Bakri back for more
Bakri Navigation has added its second tanker in under a month, brokers believe.
- GOS sells down
India's Global Offshore Services has sold almost a third of its Dutch unit for a shade under $14m.
- Swire crewman killed
A Swire seafarer has died after a propeller accident on a supply ship off Angola.
- NYK bins cape pair
NYK has followed the lead of compatriot MOL and scrapped a couple of capesize bulkers, it is claimed.
- Bulk's pending dry run
Arctic Securities has dimmed its view of the dry-cargo marker amid fears a rebound is still some way off.
- Suezmax in yacht clash
A pleasure boat has been damaged in a collision with a Minerva Marine suezmax off Greece.
- Phoenix buys 10 tankers
Phoenix Petroleum of the Philippines is buying the 10-ship tanker fleet of Chelsea Shipping Corp.
- Ambiente cancels
German cruise operator scraps winter cruise program citing overcapacity concerns.
- Tanjung Pelapas bulks up
Malaysian port to splash out on capacity expansion as box throughput hits record numbers.
- Costamare plans payout
New York-listed boxship owner is planning to pay its shareholders a dividend in August.
|JULY 10, 2012|
- GECC subsidiary TIP sells last of trailers
- Maersk accepts credit cards for demurrage
The liner carrier said it will begin accepting credit cards as a form of payment to cover demurrage charges to help customers expedite the release of their cargo in U.S. locations.
- Dyrbye named CEO of Hansa Heavy Lift
- Zim service to call Halifax
- Panalpina starts new Japan/Singapore LCL services
- Chemlogix appoints Challman VP NA operations
- Rickmers-Linie's new managing director
- TCG taps Neimer for sales VP
- SC to fast track inland port development
- Europe's shifting pharmaceutical supply chain
More European pharmaceutical companies are turning to third-party logistics companies (3PLs) as a cost-cutting measure, according to a new report by healthcare specialists GBI Research. But concerns remain about effects on industry.
- USDA's Cotton Board seeks members
- VA legislators to hold port privatization offer hearing
Virginia State Senate Majority Leader Thomas K. Norment said a working group of state legislators advising Gov. Bob McDonnell will hold a public hearing on possible privatization of the Virginia Port Authority facilities on July 17.
- Washington Notebook: LaHood marks TIGER grant during Oakland trip
- Bureau Veritas aims to ease ship certification
- Telecom pays $1 million for false TAA claims
ADC Telecommunications resolves allegations that it submitted false claims to federal agencies when it sold equipment manufactured in countries prohibited by the Trade Agreements Act.
|JULY 10, 2012|
- Prices showed mixed movement in Fujairah
Unsettled outlook on prices in Middle East and Africa.
- Rotterdam prices firm but margins squeezed
European-wide growth in prices but not much good news in the way of margins.
- WFS releases ship but asserts right of arrest
Tense stand off between Sanko and bunker supplier continues over unpaid bills.
- SEAaT and UK Chamber move closer
Shipowners and emissions abatement outfit formalise relationship.
- Tanker cover agreed for Iranian oil
India ready to provide vessel insurance for oil shipments.
- Asian ports see prices weaken
Supplies of bunker fuels 'fine' across major Asian ports on Tuesday.
- Malaysia's 'bunker island' developer faces winding-up threat
Winding-up petition by ZAQ Construction made after it won a judgement-in-default against Asia Petroleum Hub.
- Supplier offers 380 cSt material in Dakar
Total Marine Fuels says maritime traffic in West Africa is growing.
- Vopak, Gasunie plan for Rotterdam LNG terminal
New terminal next to Rotterdam's Gate Terminal will enable LNG to be transferred to bunker stations via tank trucks.
- Cruise line signs service agreement for fuel saving engines
Wartsila to maintain common-rail engines for seven vessels of Princess Cruise Lines.
- Fuel efficient AHTS delivered to offshore operator
Bourbon Liberty 200 series vessels use a diesel-electric propulsion system, reducing fuel consumption and emissions.
- Chimbusco teams receive Chinese quality control awards
Chimbusco Shenzhen awarded for fuel reduction project.