|JUNE 13, 2012|
- China foreign trade exceeds expectations as exports increase 15.3pc
- Hong Kong places third after Shanghai, Singapore in box port rankings
- Fitch sees box trade recovery in rate hikes and ending market share drive
- Port of Rizhao throughput increases 10.2 per cent to 108 million tonnes
- Alataw Pass Kazakhstan border volume declines 1.8pc over four months
- Tianjin's longer, deeper 300,000-tonne navigation channel now complete
- Guizhou to build US$505.7 million grain logistics centre to enhance supply
- Fujian's direct shipping cargo to Taiwan rises 3pc in first four months
- United Arab Shipping Company names ninth and final 13,500-TEUer
- Panama Canal outlines impact of expansion on Asian firms and governments
- TCL to emulate Leixoes management methods at Ferrol Container Terminal
- CEVA signs three-year spare parts contract with Mercedes-Benz, Spain
- Montreal box volume increases 3.6pc to 1.36 million TEU in 2011
- Weak quays said to collapse if Lagos dredges beyond 13.5 metre mark
- Shenzhen's Jade Cargo liquidates as Lufthansa, Air China bail out
- Singapore Technologies Engineering unit buys Tampa aviation facilities
- China Cargo Airlines plans to join SkyTeam Cargo alliance in 2013
- Atlas Air adds another B747-400 freighter to its ACMI service for DHL
- Chennai Port Trust to build air freight station close to production nodes
|JUNE 12, 2012|
- A slowing economy has its impact on Chinese logistics companies
- AGS World Transport launches import MCC service to Ahmedabad
- Asia-USWC spot rates up 12.5 pc, East Coast rates up 8.6 pc
- International Freight Forwarders Conference 2012 in Hong Kong this week
- Private players now transporting cargo to space!
- Singapore tops in logistics performance
- Export ban on skimmed milk powder notified
- KPT won't be taking over residential plots
- MbPT's offshore container terminal to be ready by December
- Customs block inaugurated at ICD-Sanand
- Textile sector wants only surplus cotton to be exported
- KEC International sells windmill assets
- Time ticking away for Asian buyers of Iran oil
|JUNE 12, 2012|
- Brunswick Rail signs partnership agreement with Novokuznetsk railcar-building enterprise
Brunswick Rail, one of Russia's leading railcar operating lessors, has formed a strategic partnership with the Novokuznetsk Car-Building Enterprise (NCBE). Under the agreement, NCB...
- Geodis Wilson Kelsterbach gets new branch manager
Geodis Wilson has selected Georg Stassen to manage its Kelsterbach (Germany) branch that was established two years ago. At an earlier stage in his career, Stassen was regional mana...
- Krone sets up a branch office in Budapest
Hannes Nachtelberger is to manage trailer maker Krone's new branch office in Budapest. The facility, which offers a wide range of services, will manage sales in Hungary, as well as...
- Geto wants to step up initiatives for trans-Siberian traffic
At its recent annual general meeting, the association of European trans-Siberian operators and forwarders (Geto) announced that it wants to attract increasing amounts of cargo to t...
- Krone Trailers has expanded in Ireland
Krone Trailers UK now offers a direct sales service to operators in Ireland. The full complement of Krone trailers, which is now available direct from the UK sales team, includes t...
- Mahindra Navistar celebrates its 5,000th truck roll-out from Chakan
India's Mahindra Navistar Automotives Limited (MNAL) has announced the roll-out of its 5,000th truck from its state-of-the-art plant at Chakan near Pune/Maharashtra. The company r...
- Iata urges Icao solution on economic measures for climate change
The International Air Transport Association (Iata) reiterated its call for a comprehensive global solution on aviation emissions to be negotiated through the International Civil Av...
- Amsterdam port appoints agent in India
During Amsterdam's recent trade mission to India, the Dutch city's port signed an agreement with the Samsara Group, a major shipping agent with 54 offices in India. Samsara has bee...
- Grimaldi Group doubling its Brindisi-Igoumenitsa-Patras service
The Naples (Italy)-based Grimaldi Group is set to deploy a second vessel on its service between southern Italy and Greece, as from 2 July. The additional ship, which will boost the...
- Supermaritime to build new breakbulk terminal in Zeeland
The Dutch group Supermaritime is to build a breakbulk terminal in the Scaldiahaven in Vlissingen. The new terminal will become operational in the autumn and offer a 375 m qua...
- Cargo aircraft loss in Latin America
According to the Aviation Safety Network, a Swearingen SA227AC Metro III cargo plane went missing over Rio de la Plata during a flight from Montevideo-Carrasco airport (MVD) to Bu...
- Boeing delivers first direct-order airplane to Avolon
US plane maker Boeing and Avolon recently celebrated the first direct-order airplane delivery to the Dublin-based leasing company. Avolon took delivery of the first of twelve next-...
- Spedlogswiss: Kurrus presiding for another year
Spedlogswiss (the association of Swiss forwarding and logistics companies) recently held its 92nd annual general meeting (AGM) at the Swiss museum of transport in Lucerne. During ...
- Militzer & Mü'nch signs up new strategic partner in USA
Eurasia, North Africa and now stepping up business in North America - Militzer & Mü'nch, the international transport logistics service provider based in St Gallen (Switzerland),...
- Mainfreight opens new air and sea branch in Le Havre
Yesterday (11 June 2012), the New Zealand-based logistics group Mainfreight phased in a new branch office in Le Havre (France). The new air and sea branch has started with import g...
|JUNE 12, 2012|
- Chinese yard completes two Incat Crowther catamaran ferries
- Desgagnés tows unfinished newbuild from Croatian shipyard
- STX Turku shipyard names versatile deck cargo vessel
- Eurotunnel to acquire SeaFrance ferries
- GE Marine names Jeremy Barnes Commercial Marine Marketing...
- Maersk Illinois makes historic call at Port of Milwaukee
|JUNE 12, 2012|
- Port Metro Vancouver presents Blue Circle awards
- Transport insurance firm nets excellent credit rating
- Yang Ming celebrates launch of new 8,626 TEU container ship
- Main deck finished early on Jensen-designed fishing vessel
- Damage to lock gate forces Chittenden closure
|JUNE 12, 2012|
- NewLead chops more debt with conversion of mortgage notes
More conversion talks ongoing with Piraeus Bank and Lemissoler Maritime
- NYK to raise $503m in bond sales
Japanese shipping giant seeks funds after last fiscal year's heavy losses
- What the eurozone crisis means for container shipping
Greek exit is one factor among many others that threaten demand
- The problem is vessel supply not cargo demand
Posidonia 2012: tanker and dry bulk companies positive about Asia's prospects
- Pacific ends supramax rates freefall
Vessel fixed at $3,750 daily rate as owners let tonnage lie idle
- Guangzhou Shipyard calls for resistance to price wars
Chinese yard says margins of new orders too weak for shipbuilders to survive
- Daewoo delivers second ferry to Attica
Blue Star Patmos route unconfirmed after challenge from NEL Lines
- Tankers may be over the worst
DNB Markets paints a more positive outlook
- Posidonia 2012 from an insurer's perspective
No other venue in the world brings together the same concentration of shipowners
- USMX and ILA head back to bargaining table
Management accepts union invitation to Florida meeting
- US exempts seven nations from Iran oil sanctions
Washington agrees new waivers as deadline day looms
- Sovcomflot expands offshore
Exclusive interview: Russian shipowner eyes global upstream projects
- Iran on the rack
Oil importers ponder their options as EU sanctions deadline looms
- China sets green targets for maritime industry
Ship operators and ports given 2015 deadline to save energy and cut emissions
- Japan moves to sidestep Iranian sanctions as deadline looms
Tokyo approves sovereign guarantee but must pass the bill by July
- Northern sea route season opens
Increased traffic predicted as Russia pushes Arctic short-cut between Europe and Asia
- Vietnam's reform drive
Maritime industry scandals force government to push for transparency
- Beware the bankers
The return of speculative money to shipping is bad news
- DFDS challenges Eurotunnel acquisition of ex-SeaFrance ferries
Rival bidder to question the decision in Brussels
- Andersen resigns from Maersk Line
Chief financial officer's departure follows new restructuring drive
|JUNE 12, 2012|
- Maritime analysis offered
SWEDEN'S biggest shipping consultant has set up a new independent business.1179049.timg
- FreeSeas defaults on a second newbuilding
NASDAQ-listed FreeSeas today confirmed it has defaulted on its second newbuilding and secured loan amendments from Credit Suisse
- China's an exception on US Iran sanctions
THE US has exempted seven more countries from its sanctions on Iranian oil purchases, with China the only major importer susceptible to possible penalties at the end of the month
- Shipping groups await Tokyo move on Iran
JAPAN'S MOL and 'K' Line told Fairplay today they are waiting for clear-cut word from Tokyo on Iranian crude imports
- VLCC sector fundamentals remain fragile
WHILE VLCC earnings are today in positive territory, fragile fundamentals continue to challenge the sector
- German owners want pay subsides resumed
SUBSIDIES for wages of crew and trainees on German-flagged vessels should be resumed quickly to prevent more reflaggings, VDR has warned
- US PierPass fees to increase annually
THE TRAFFIC mitigation fee charged at Los Angeles/Long Beach will increaseby 2.5% to cover expenses of the PierPass off-peak programme and be adjusted annually thereafter
- Eurotunnel ferries could sail by August
EUROTUNNEL told Fairplay today its newly acquired former SeaFrance vessels could be sailing in the Dover Strait as early as August
- Two arrested in Mauritius
TWO EX-officials with the Mauritius Ports Authority were reportedly arrested today and questioned in the Boskalis dredging bribery case
- 60,000 Greek shipping jobs imperiled
GREEK shipowners who remitted more than $175Bn in untaxed earnings to Athens over the past decade have reportedly threatened to relocate their businesses if a new government scraps shipping's fiscal exemption
- VLGC earnings exceed $50,000/day
FALLING bunker prices have resulted in owners of VLGCs making at least $50,000 per day, about one-fifth more than in April
- Pressure seen for SCF's cashflow
SOVCOMFLOT has issued first-quarter operating results showing that the government-owned tanker group's revenues and earnings rose on a year ago, but also that cashflow is under pressure
- Palm oil supply tightens
PALM OIL supply could tighten in the lead-up to Ramadan in July and the end of the fasting period in August, UOB Kay Hian Securities has warned
- Restraint urged as MR tanker orders rise
UK BROKER EA Gibson has urged restraint in medium-range products tanker investments, as rising optimism has resulted in more contracting
- South Korea, Japan to buy more LNG
COMPANIES in Japan and South Korea have firmed up more LNG from their usual suppliers, said Erik Nikolai Stavseth, shipping analyst at Arctic in Oslo
|JUNE 12, 2012|
- Virginia Container Volume Jumps 12.6 Percent
The volume of containers handled by the Port of Virginia in May jumped by 12.6 percent to 178,584 20-foot-equivalent units...
- ILA, USMX to Resume Labor Negotiations
The International Longshoremen's Association and United States Maritime Alliance are scheduled to resume negotiations when the ILA's wage scale committee...
- Global Port Tracker Forecasts Strong Peak Season Imports
Containerized imports will increase gradually during the summer months and are projected to rise sharply in September and October, according...
- JOC Container Shipping Conference 2012
This year's JOC Container Shipping Conference took place in Shanghai, China, in early June, bringing in hundreds of attendees representing...
- PierPass Traffic Mitigation Fee to Rise 2.5 Percent
Terminal operators in Los Angeles-Long Beach on Aug. 1 will increase the PierPass traffic mitigation fee 2.5 percent, or $1.50...
- Carrier Revenues Lag China Containerized Freight Index
Ocean carrier revenues have failed to keep pace with the 50 percent surge in the China Containerized Freight Index since...
- St. Lawrence Seaway Volume Rose 5 Percent in May
North American steel and construction demand, along with international iron ore and coal traffic, boosted volume on the St. Lawrence...
- Teamsters to Focus on Wages in Early Talks With UPS
An early start to negotiations with UPS will allow the Teamsters union to focus on discussions over job security, wages,...
- Lufthansa Cargo Volume Slumps 12.3 Percent
Germany's Lufthansa Cargo carried 12.3 percent less freight in May than a year ago as Europe's largest scheduled cargo carrier...
- APMT Places Second Crane Order for Rotterdam Expansion
APM Terminals ordered eight Kalmar post-Panamax ship-to-shore cranes and two Kalmar barge quay cranes for expansion of its Maasvlakte II...
- Manitoulin Group Expands in Western Canada
Manitoulin Global Forwarding, an international freight forwarder is expanding in western Canada, acquiring Can-Tran International of Leduc, Alberta. Can-Tran...
- Eurotunnel Enters Shipping Business
Eurotunnel, operator of the undersea rail tunnel between France and the U.K., is making its debut in the shipping business...
- Maersk Line Names New CFO
Maersk Line said it promoted Jakob Stausholm, currently chief of strategy & transformation, to take on additional responsibilities as chief...
- CSAV to Hike India-Europe Rates
Chilean container carrier CSAV will impose a general rate increase on westbound trade from India to Europe and the Mediterranean....
|JUNE 12, 2012|
- Italian imports fall 9%
There is more worrying news for Asia - Europe plying ocean carriers approaching the make-or-break peak season period with evidence of yet another key European economy ...
- Schedule integrity equals on-time box delivery?
- Bunker costs back down
After briefly rallying yesterday on the coat tails of Spanish bail-out temporarily buoyed stocks, bunker prices lost ground again today falling by USD9 per tonne ...
- CT introduces ecoFORWARD technology
Carrier Transicold (CT), which is a leading designer and manufacturer of machinery and systems for reefer containers and trailers has launched new units and generator ...
- 'Cranes of the future' for APM T's new Rotterdam terminal
APM Terminals has placed an order with the Austrian-based company Kuenz for 26 automated rail-mounted gantry cranes and two rail cranes for its new terminal being ...
- Maersk Line CFO quits
A member of Maersk Line CEO, Soren Skou's new executive management team, CFO, Peter Ronnest Andersen, will leave the group next week to be replaced by the hitherto ...
- Bromma sells 2,000th electric spreader
Stockholm-based Bromma has reached a milestone with its all-electric spreader, selling its 2,000th unit since its launch a decade ago; and confirming the phenomenal ...
|JUNE 12, 2012|
- Kenya targets Somali port city
Prime Minister Raila Odinga solicits aid from EU Navfor as nation gears up for 'final onslaught' against Islamic militants.
- All eyes on Oman
Market monitoring Malaysian utility deal as sultanate's appetite for liquefied gas investments takes centre stage.
- Yinson clinches upgrade
Malaysian investment bank endorses shares of Kuala Lumpur-listed offshore owner following $737m FPSO deal.
- Posidonia revisited
Equity analyst explores politics, real estate, asset values, thirsty 'old ladies' and ouzo on the heels of Athens exhibition.
- Strictly business
Novoship corruption trial hears Yuri Nikitin quizzed on why he would introduce Venezuelan rival Wilmer Ruperti to Russian cargo owners.
- BWO bags Statoil deal
Oslo-listed FPSO player pens five-year contract to operate Norwegian oil firm's newly acquired unit in Brazil.
- FREE newbuilds cancelled
Yangzijiang cans bulker brace after Nasdaq-listed owner fails to post final cheque for $50m pair.
- Kim Eng backs Ezion
Another analyst gives the Singapore-listed offshore owner the thumbs up.
- Damen builds in Cape Town
Dutch shipyard group's South African plant wins tug and cutter deal from Transnet.
- Restis calm on tax change
Greek owner shrugs off fears regarding a potential tax hike for shipping companies in his homeland.
- Yuanlin helps the aged
Yangzijiang shipyard chief gives away his $750m shareholding to foundation for Chinese senior citizens.
- One hurt in davit collapse
Steel boat-launching structure topples over cruiseferry in Finnish port of Kotka.
- Trio blessed with buy tags
Share price reversals at Teekay Tankers, Tsakos Energy Navigation and GasLog draw upgrades from DNB Markets.
- Kreuz nets big subsea catch
Singapore listed outfit reels in $142m deals for South East Asian work.
- Desgagnes wins guarantee
Croatian government steps in to ensure delivery of boxship/ferry from bankrupt Kraljevica shipyard.
- Brittany to chop sailings
French operator facing up to tough competition by reducing crossings and cutting staff benefits.
- DNB boosts tanker view
Nordic bank's analysts lift crude tanker bets amid hope slow steaming is capping fleet growth.
- Miclyn finds back up jobs
Australia-quoted offshore owner inks replacement deals for duo deemed unsuitable for Saudi Aramco job.
- Eurotunnel buys ferries
Cross-Channel tunnel company snaps up collapsed French owner's three ro-paxes.
- Rongsheng's engine deal stalls
Chinese shipbuilder hits regulatory snag as it bids to complete takeover of Anhui Quanchai Engine.
|JUNE 12, 2012|
- Trimble buys GEOTrac for oil and gas logistics
- Maersk-Rickmers loads cargo in Milwaukee
Maersk-Rickmers U.S. Flag Project Carrier said its heavylift ship Maersk Illinois was the first U.S.-flag ship to load cargo for an overseas destination in Milwaukee in more than 30 years. The cargo of rope shovels is destined to Siberia.
- Washington Notebook: Commerce secretary takes medical leave
- FMC's Dye calls for U.S.-Canada regulatory harmonization
- JustEnough, enVista partner on planning
- Maersk Line CFO to leave
- LA/Long Beach ports traffic mitigation fee up 2.5%
Effective July 1, the fee will be increased from $60 to $61.50 per 20-foot container and from $120 to $123 per 40-foot container, said the West Coast Marine Terminal Operators Agreement (WCMTOA).
- G6 carriers switch Le Havre call
- Asia-West India WIN loop raises capacity 30%
The ocean carrier NYK, along with partners Hanjin Shipping and Evergreen Line, have raised capacity on their weekly Asia-Indian subcontinent WIN loop by increasing the size of the vessels.
- Performance Team transloads in Charleston
The third-party logistics provider officially opened its new container transloading facility at the South Carolina port to shuttle cargo from ocean containers to truck trailers for distribution throughout the Southeast.
|JUNE 12, 2012|
- Fujairah market sees prices soften
South African markets see prices rise.
- North European bunker prices resume fall
Prices in Southern Europe lack direction.
- Salvage work begins close to Singapore bunker anchorage
A safety boat is being deployed to advise all craft to keep clear of the working area.
- Alaska bunker spill smaller than feared
Vessel remains surrounded by booms.
- Singapore moves to cut imports of Iranian product
Breaching Western sanctions could hit Singapore's financial system.
- Bunker spill 'could have been much worse'
Gibraltar mobilises port's Oil Spill Contingency Plan.
- Potential fuel savings from software products 'astronomical'
ABB to unveil 'full suite' of fuel saving software products that can slash fuel consumption by 20%.
- MPA advisory may help prevent bunker surveyor 'boycotts'
DNVPS welcomes increased transparency to 'prevent hiccups in the process'.
- Asian bunker prices weakening once again
Supplies of bunkers at key Asian ports fine on Tuesday.
- German shipowner fined for leaking fuel off South Africa
Crack in heavy fuel oil tank caused leakage during bilge discharge, says Reederei NSB.
- South Korea to develop Green Ship verification standards
Anticipates demand for testing and certification services.
- 'Alarming frequency' of bunkers with high cat fines
Excel Maritime subsidiary says it sees cat fines of above 60 ppm 'three out of ten times' in its daily operations, says spokesman.
- INTERTANKO issues reminder on North American ECA
Association 'strongly' advises operators to plan in advance.
- Matson lowers fuel surcharge
Bunker fuel prices 'have moderated recently', according to company official.