|JUNE 14, 2012|
- Port Tracker: US containerised imports expected to increase 4.8pc in June
- CSAV increases India-Europe rates US$200/TEU - $300/FEU from July 1
- Hanjin joins Grand Alliance partners on two transpacific services
- Chongqing's four-month international cargo volume up 30.8pc
- Tianjin's Pacific International Terminal throughput rises rapidly
- Hyundai charters fourth of five 13,100-TEU neopanamaxers from Danaos
- Shenzhen bypass: Nanchang customs okays direct transport to Hong Kong
- Port of Tianjin builds 17 dry ports along Yellow River
- PSA wins approval for Chennai terminal stake sale to associate ABG Ports
- Abidjan seeks offers by July 14 to build second container terminal
- Lagos introduces controversial night ban on container truck movement
- SAECS adds 8th ship, speeds reefers north, slows down southbound leg
- Omani port to add smaller drydock to free large ones for big ships
- North America's FedEx Freight to increase rates 6.9pc from July 9
- Port of Beirut box volume up 3.38pc to 426,950 TEU in first 5 months
- Qantas group expects loss to double on fuel hikes and Eurozone crisis
- Renewed Eurozone crisis renews threat to global air cargo recovery
- Michigan's LINC expands cargo facility at Fort Wayne International Airport
- Initiatives help Rwandan exporters access increased air cargo capacity
- India's second largest state suffers double-digit air cargo declines
|JUNE 13, 2012|
- ASF calls for continuing measures against Somali piracy
- CMA CGM Group regroups its five multimodal subsidiaries into one entity: Greenmodal Transport
- Damco wins IPL awards for excellence in logistics services & sustainability
- Greatship subsidiary contracts to sell MPSSV
- IMO Secretary-General to chair eminent judging panel for Seatrade Middle East & Indian Subcontinent Awards
- India drops to 46th spot in World Bank's logistics performance index
- Iron ore shipping rates continue to decline as demand slows
- MOL to scrap, cold lay-up 10-20 Capesize bulkers
- Wind propulsion for ships being tested
- Indian bananas selling like hot cakes in Pak
- London Gateway aims at being a hub, not a spoke
- Shanghai port aims at 33 million TEUs by 2015
- NRI deposit flows touch record $ 3.2 bn in April
|JUNE 13, 2012|
- BNSF to invest in North Dakota and in Minnesota
The US transport service provider BNSF Railway Company (BNSF), one of North America's leading freight transportation companies, plans to invest an estimated USD 86 million in ...
- Icao launches first app
The International Civil Aviation Organization (Icao) recently launched the iPhone and iPad app of its carbon emissions calculator. The device is an impartial and internationally ap...
- Celadon Trucking Services acquires selected equipment assets from Hiner Transport
Celadon Trucking Services, founded in 1985 and headquartered in Indianapolis IN (USA), has agreed to purchase a portion of the operating equipment of Hiner Transport, based in Hunt...
- US trucking firm Holland receives Eastman supplier excellence award
Eastman Chemical Company has presented Holland, a subsidiary of YRC Worldwide,with its 2011 supplier excellence award. This marks the sixth consecutive year that Holland has receiv...
- Regular Sassnitz-Ust-Luga railroad and ferry services launched
A regular railroad-ferry service between Sassnitz (Germany) and Ust-Luga (Russia) has been launched. At the launch ceremony in Sassnitz that was attended by illustrious guests incl...
- New cargo cooperation between China and Germany
Mitteldeutsche Flughafen AG - representing Leipzig/Halle airport (Germany) - and the Shanghai Airport Authority - representing Shanghai Pudong international airport ' have signed a...
- Tunisia: Mokhtar Sadok new SNCFT central manager for main lines
Mokhtar Sadok, hitherto manager of the department of communications and international relations at Tunisian Railways (SNCFT), has just been appointed central manager of the main li...
- Atlas Air to add ninth B747 for DHL Express
Atlas Air Worldwide Holdings, Inc, a leading global provider of outsourced aircraft and aviation operating services, has agreed to place a ninth Boeing B747-400 freighter into expr...
- SDV building its first "green" warehouse in Singapore
The globally active French logistics service provider SDV, a brand of Bolloré Logistics, is about to complete an impressive SGD 55 million project in the western part of Singapore,...
- Ceva renews contract with Nokia Siemens Networks
The SCM and logistics service provider Ceva Logistics has renewed a multi year contract with Nokia Siemens Networks, a world specialist in mobile broadband. Under the terms of the ...
- FPS Lanka launches warehouse and 3PL operations
Projects FPS - the recently-established project forwarding and third-party logistics arm of Famous Pacific Shipping Lanka - has launched a dedicated logistics centre incorporating ...
- Zuidnatie orders seven low emission, high capacity Hyster forklift trucks
After the successful introduction of two new tier 4i/stage IIIB compliant Hyster empty container handlers at the port of Antwerp, the port and logistics company Zuidnatie has inves...
|JUNE 13, 2012|
- Wärtsilä introduces RT-flex50 version that fits ships with slim...
- Longliner under construction at J.M. Martinac reaches production...
- Crowley ATB delivers petroleum products to Guantanamo Bay
- Box Ships buys two OOCL post-Panamax containserships
- MOL to scrap Capesize bulkers that are 15 years or more old
- McAllister Towing orders Tier III tractor tug at Senesco...
|JUNE 13, 2012|
- Mitsui plans to remove 10 to 20 Capesize vessels
- K Line car carrier aids in rescue of small boat
- Descartes Systems Group buying assets of IES
- Port of Seattle sets public hearing to discuss surplus property plans
- Crowley makes first shipment of petroleum products to Cuba
|JUNE 13, 2012|
- What the eurozone crisis means for ship finance
One player's risk is another's opportunity
- India hopes against hope for Iran sanctions deferral
Sovereign guarantee is the only option if EU goes ahead with insurance ban
- German tramp owners hope for bunker price boost
Improved earnings may boost box lines' charter demand
- Two-year wait for boost to business
The agreed deadlines for Ecdis systems will see a huge increase in orders, but not until 2014
- Too much information?
Debate continues over electronic systems' content as Ecdis deadline looms
- Questions remain about onboard computer-based training
Shipowners and training providers await developments at the IMO Standards of Training and Watchkeeping sub-committee meeting later this year
- Scrapping will keep LNG in a party mood
Without demolitions, DVB expects fleet oversupply from 2013
- Good connections
Youngships on a mission to get industry better understood
- Ports are facing stormy weather
Trade dips and Green lobbying ensure port management is not plain sailing for investors
- Gambling with lives
To pay or not to pay ransoms to pirates, that is the question
- House of Lords probes anti-piracy progress
Sub-committee to quiz witnesses about impact of armed guards
- APMT closes in on China port deal
Announcement due when Hu visits Denmark
- FreeSeas defaults on Yangzijiang newbuilds
Greece-based bulker owner misses $7.4m in payments
- STX Group wins extra time to repay $231m bonds
Main creditor Korea Development Bank grants one-year extension
- Import growth belies dip in US demand for consumer durables
Confused? You're not the only one, says Hackett Associates
- MOL to cull capesizes as spot market remains weak
Japanese carrier to scrap or idle up to 20 bulkers
- UK MPs' debate to focus on ransom payment
Foreign Affairs Committee piracy report said it would not prevent commercial ransom payment, but new task force aims to do just that
- German-flag fleet continues to fall
Calls to increase EU-flagged vessels fall on deaf ears
- Ex-Lufthansa boss joins Hapag-Lloyd board
Weber succeeds Frenzel as chairman
- Opec mulls oil supply cut
Too much oil? Give us more!
- Box Ships launches offering after scooping OOCL vessels
Bodouroglou buys shares amid 'challenging' capital-market backdrop
- Yemen coastguard protest will hit counter-piracy mission
Security experts fear pirates may take advantage of pay dispute
- Dockwise fails to close takeover deal on time
Deadline for tendering shares extends to Friday
|JUNE 13, 2012|
- MOL removing 10-20 Capesize bulkers
MOL TOLD Fairplay today it has decided to scrap or place in cold lay-up 10-20 Capesize bulkers in hope of returning freight rates to positive territory
- NYK seeks $503M while posting losses
NYK, JAPAN'S second-biggest shipowner, said it plans to raise ¥40Bn ($503M) from corporate bonds
- Brittany Ferries to cut back
CHANNEL ferry operator Brittany Ferries has said it needs to cut its wage bill and other costs to address financial problems that have built for the past four years
- ITF urges disarming mariners in Asia Pacific
THE ITF today called for seafarers to be disarmed aboard ships transiting Asia Pacific
- Bodouroglou pays up
BOX SHIPS boss Michael Bodouroglou has personally purchased $40M in preferred shares to facilitate the acquisition of two container vessels
- Older feeder fetches premium
INDONESIA'S feeder operator PT Meratus Line has apparently paid a firm $6.1M for a 1997-built, 1,157teu box feeder, brokers told Fairplay today
- Drybulk port snarls worsen
GROWING vessel queues in Newcastle and in major iron ore ports have resulted in congestion increasing to the worst snarls since mid-April
- Gloom builds for European shortsea sector
DAILY earnings for coasters and mini-bulkers in European shortsea trades are still dropping due to sluggish spot cargo fixing, brokers said today
- Cargotec warns on profits
FINLAND'S Cargotec said today to lower operating results in its terminals unit have forced it to issue a warning on profits
- Asia/Latin box route shuffled
GERMAN box line Hamburg Süd today announced a joint service expansion on routes from Asia to Mexico and the West Coast South America
- 'K' Line, Noble starting JV Capesize pool
'K' LINE told Fairplay today it will start a Capesize pool with Noble Chartering, the drybulk chartering arm of Hong Kong's commodity trading group Noble
- Dutch reject armed guards
NETHERLANDS has ruled out allowing armed ship guards on its fleet of vessels passing the piracy-prone waters of East and West Africa
- Offer for Fairstar extended
DOCKWISE said today it has extended its offer for Fairstar Heavy Transport by three days to 15 June
- Alcyon Capesize fixed at big loss
AN ALCYON-owned Capesize bulker has been fixed at a loss, reflecting the freight market's continuing downtrend
|JUNE 13, 2012|
- Truckload Rates Flat in May, Intermodal Pricing Rises
Truckload rates shifted into lower gear in May, rising only 5 percent from a year ago and staying basically flat...
- CSAV Secures Financing for New Ships
CSAV said it secured a $90 million 12-year loan from Germany's DVB bank to complete the financing of the...
- APM Terminals to Unveil $500 Million China Deal
APM Terminals, the global ports operator, is set to unveil an investment of more than $500 million in a new...
- Shippers See Trouble as Truck Capacity Tightens
As trucking capacity tightens, shippers are increasingly concerned about their ability to get goods to customers on time, logistics executives...
- Global Semiconductor Sales Give Air Cargo Carriers April Boost
The ailing global air cargo industry got a little help from the semiconductor sector in April, as international sales of...
- APM Terminals Orders Bromma Spreaders for Maasvlakte II
APM Terminals, on a crane-buying spree, Tuesday ordered 31 ship-to-shore spreaders from Stockholm-based Bromma for cranes at its container terminal...
- Box Ships Buys Two Container Vessels from OOCL
Greece's Box Ships Inc. has bought two post-Panamax container vessels from Orient Overseas Container Line for $62.3 million, which the...
- Five Carriers Reconfigure Peak Asia-Latin America Slings
Five carriers announced plans to reconfigure the slings of their joint service to meet peak-season demand on the trade between...
- China Could Seize EU Aircraft in Escalating Emissions Row
China has warned it might impound European aircraft if the European Union penalizes its carriers for not complying with its...
- Logistics Costs Rose 6.6 Percent Last Year
U.S. business logistics costs rose 6.6 percent last year as companies spent more on transportation and inventory in a gradually...
- Descartes to Acquire IES
Descartes Systems Group said it will acquire substantially all of the assets of Integrated Export Systems and IES Asia for...
- Peak Surcharge Fuels 20 Percent Jump in Trans-Pacific Rates
Average spot rates on the eastbound trans-Pacific trade surged 20 percent this week as carriers put a peak-season surcharge into...
- ANA, JAL See Growth in International Cargo Volumes
Japan's All Nippon Airways Co. said that its international cargo volume grew for the third consecutive month in April on...
- MSC to Raise Rates on Asia-Europe Trade
Mediterranean Shipping Company has joined other liner operators in seeking a general rate increase July 1 on Asia-Europe services. ...
|JUNE 13, 2012|
- Will your containers arrive in time for Christmas?
The jovial attendant announced that your flight had arrived ahead of schedule at London's Heathrow Airport; but here you are, almost two hours after disembarking ...
- Mothballed box fleet levelling off
At 483,000 slots for 225 ships - according to the latest report from Alphaliner - the number of idled container ships would appear to have reached a plateau after ...
- London CT appoints CMC as IT partner
The London Container Terminal [LCT] - the newly merged operation of Tilbury Container Services [TCS] and the old Short Sea Container Terminal at the River Thames- ...
- Kerry gets a grip in Thailand
Hong Kong-headquartered Kerry Logistics has won a major new contract to manage the warehouse storage and management, local transportation and express distribution ...
- Davidson: 'its all about the right capacity'
Addressing the TOC Container Supply Chain: Europe conference in Antwerp yesterday, Neil Davidson, senior advisor - ports at London-based Drewry Shipping Consultants, ...
- TOC: Emerging markets offer the best prospects
Speakers at the TOC Container Supply Chain: Europe conference in Antwerp, which opened yesterday, appeared confident that a series of new dynamics taking shape ...
- World Bank: euro jitters hitting global growth
The latest report from the Washington-based The World Bank, warns that fears about the eurozone have 'reduced investors' tolerance for risk' and it has further ...
- APM T selects Cargotec for Massvlakte 11
APM Terminals (APM T) has signed a contract with Tampere, Finland-based Cargotec for eight super post-panamax ship-to-shore gantry cranes and two quay ...
|JUNE 13, 2012|
- Maersk unit plots Chinese port
APM Terminals due to unveil location of new $500m container facility during Hu Jintao's visit to Denmark.
- Boyden blesses TEU splash
Global Hunter equity guru says OOCL deal and Bodouroglou bankroll look attractive given cash crunch in Europe.
- Oslo IPO in the works
Mysterious shipping company crawls out from the shadows with plot to take control of ten Turkish crude carriers.
- Pak leads the pack
Clarkson Capital grabs bull by the horns in a bid to beat rivals as analyst launches coverage of Maersk and four Asian carriers.
- Car trouble for Nikitin
Novoship trial hears how Russian shipowner's dodgy commission deals were referred to in coded emails as "extras" for car stereos and leather seats.
- Weernink makes it three
SwissMarine grabs its third capesize on term in as many weeks, brokers say.
- Courage scraps namesake
Hsu Chih Chien-led owner sends one of its last two panamax bulkers to the breakers yard.
- OCBC mulls STX conundrum
Unusual number of leaks and rumours surrounding Fincantieri move for Singapore-listed shipbuilder, analyst says.
- CSSC to raise $1bn
Chinese shipbuilding titan to raise $1bn from sale of 10-year notes.
- Bodouroglou funds Box buy
New York-listed owner's boss snaps up $40m of share warrants to provide cash to complete OOCL vessel deal.
|JUNE 13, 2012|
- Asia-Europe volume falls in April
- Projects FPS launches warehouse and 3PL efforts
- Descartes to buy IES
Descartes acquires software-as-a-service provider IES in a $35 million deal to expand reach in Asia and product portfolio for intermediaries in the latest significant acquisition for the logistics software developer
- MSC truncates USEC-Panama feeder again
Mediterranean Shipping Co. pulls a call at Cristobal on its U.S. East Coast/Panama feeder after shortening the service's rotation in February, with the round trip voyages cut from 21 to 14 days.
- SDV building "green" warehouse in Singapore
- Box Ships acquires, leases back two OOCL ships
- New chairman for Hapag-Lloyd
Hapag-Lloyd brings in new chairman Jürgen Weber in a planned move as former chairman Michael Frenzel, chairman of tourism giant TUI, steps away in TUI's continued divestment from the German container line
- MOL adds intermodal on-time transit metric
- DHL adds 747 jet to trans-Pac network
- Maersk suspends fog surcharge
- AFS and CHD partner on supply chain visibility
- APM Terminals orders quay canes for Dutch terminal
- MOL plans to lay-up or scrap 10-20 bulkers
- Virginia port posts container gains in May
- "K" Line in dry bulk venture with Noble
|JUNE 13, 2012|
- Prospects look good for stalled cold ironing project
'The environmental impacts to the local community are real,' says port authority executive director.
- IFO prices firm in Fujairah
Good avails in Middle East bunker hub.
- European bunker prices show little movement
Bunker prices were moving within relatively tight margins
- More predictions of boost to cruise line profits
Analysts reiterate 'buy' ratings as bunker prices soften.
- Forum to help players prepare for North American ECA
Tacoma event to hear from enforcement agencies and expert panels sharing experiences gained from ECAs in Europe.
- Fuel efficiency is driver behind 'greener' operations
'Customer demand' has no role in cutting emissions.
- Mixed price movements in Asian markets
Supplies of bunker fuels fine at major ports in Asia.
- ATB vessel makes first fuel delivery to Cuban US naval base
Articulated tug-barge vessels feature advanced safety features and 'best achievable technology available today', says Crowley.
- Singapore May bunker sales at record high
Higher bunker sales come amid higher vessel arrivals and lower bunker prices.
- Hong Kong, Macao to study use of low sulphur fuel
Regulations would apply to vessels at berth.
- South Korean trader expands bunkering ops
STX Corporation leases two storage tanks with total capacity of about 24,000 mt at Pyeongtaek.
- Bunker tanker owner in red
Shipping markets 'remain very difficult' on weak freight rates and high fuel costs, says Yujin chairman.
- WFS quarterly cash dividend stable
Set to issue cash dividend to shareholders on July 6, 2012.