|JUNE 18, 2012|
- Chongqing's May container throughput soars 30.7pc to 70,000 TEU
- Canada moves first boxed batch of soybeans to Chongqing in co-op deal
- Ports of LA gain record container growth in May 2012
- Israeli ports will cut itself off from big ships without major reform
- Tanzanian transport minister pushes for infrastructure spending
- Abu Dhabi Customs opts for AS&E to provide security at new Khalifa Megaport
- Sri Lanka targets US$5 billion for ports, Colombo to be super hub
- Congressional accountants see more be done on air cargo screening
- China air carriers raising capital to expand while economy contracts
- Cargo volume at Ted Stevens Anchorage International Airport declines 12pc
|JUNE 17, 2012|
- ASAA Quiz 2012 a great success
- GE Shipping delivers product carrier to buyers
- Plans afoot to undertake shipment efficiency analysis
- Govt imposes anti-dumping duty on gypsum board imports
- APM Terminals Mumbai restores normalcy, condemns illegal agitation
- Awaiting govt nod to monetise 100 acres unused land: KoPT
- Customers honoured, infrastructure augmentation plans highlighted at JN Port's 23rd anniversary celebration
- JN Port honours its very best in 2011-12 at 23rd anniversary celebrations
- Mangalore SEZ expects pipeline corridor to New Mangalore Port to be ready by March 2013
- Economists sceptical of govt's optimistic export outlook
- Forex reserves rise to $ 287.4 bn
- Govt to create special Customs e-exports infra for Delhi & Mumbai
- Industry bigwigs expect GDP to drop below 6.5 pc in 2012-13: CII survey
- INR ends better at 55.40 on fresh dollar selling
- Montek sees economic turnaround by July-Sept.
- RBI ought to slash policy rates to spur growth: Basu
- Refineries to cut Iranian oil imports despite US exemption
- CII delegation to attend Rio summit
- Sugar demand rises in Asia on frail prices
- CEE members Holleman & Nurminen Logistics move oversized boiler
- Conbit executes its most challenging job
- Taiwan ports body Chairman to outline new structure at PPG conference
|JUNE 15, 2012|
- Afghan carrier to start domestic services
Starting tomorrow (16 June), the privately owned Afghan carrier Safi Airways is launching domestic services. The airline will operate a daily Kabul-Herat link and a thrice-weekly K...
- Transaero serving second airport in Kiev
From today (15 June), Transaero is moving six of its 21 weekly Moscow Domodedovo ' Kiev Borispol services to Moscow Domodedovo - Kiev Zhulyany airport. The existing late-night Mosc...
- System Alliance Europe honours partners
At the recent 7th System Alliance Europe Partnership GbR assembly in Barcelona (Spain) 25 network partners received awards. Hellmann of Germany, Streck of Switzerland, Gebrüder We...
- Switzerland eases the way for HGV traffic on north-south corridor
Following the closure of the Gotthard railway line due to a rock slide, Switzerland's Federal Road Office (Fedro) has decided to introduce immediate measures to facilitate road hau...
- PSA to sell up to 26% of its share in Chennai International Terminals
PSA International Pte Ltd, the Singapore-based terminal operator, has gained approval from the Indian Shipping Ministry to sell up to 26% of its stake in the company's Chennai term...
- daco systems augments management
daco systems AG, a software solutions provider based in Pratteln, near Basel (Switzerland), augmented its management on 1 June. The newcomers are Cyrill Häner, who is responsible f...
- ECO/UIC action plan 2012-2015 signed
During the UIC Regional Assembly for the Middle East in Qatar, an action plan for cooperation on rail transit development for 2012-2015 was signed between the International Union o...
- Freight hauliers team up after Gotthard railway line closure
Following the closure of the Gotthard railway line due to a rock slide, service providers that offer railfreight transport via Switzerland have teamed up and now offer additional t...
- Cargologic turns to new environmentally friendly electric vehicles
Cargologic, Switzerland's leading provider of airfreight handling services, is modernizing its fleet by replacing its former diesel tractors at Zurich airport (Switzerland) with hi...
- Raben opens new handling terminal in Hungary
The German service provider Raben has announced that construction work on its new handling terminal in Dunaharaszti, near Budapest, was finished in May. The 4,104 sqm facility, whi...
- DHL opens new distribution centre for life sciences and healthcare in Mumbai
DHL Supply Chain, a leading provider of contract logistics solutions, has inaugurated a new distribution centre for the life sciences and healthcare industry in Mumbai (India). The...
- Kuehne + Nagel launches new regional aerospace hub in Singapore
Kuehne + Nagel, the giant logistics service provider based in Switzerland, has introduced a new regional hub solution in Singapore to enhance its dedicated spare parts logistics of...
- APM Terminals names new CEO for the Region Europe
APM Terminals has appointed Ben Vree, formerly CEO APM Terminals Rotterdam, to the position of chief executive officer of the Europe region, effective 13 June. Vree had previously ...
|JUNE 15, 2012|
- OSX Brasil secures $1.3 billion financing for giant Açu...
- Olympic Shipping adds advanced subsea vessel to newbuild program...
- OSG promotes Captain George Dienis to Senior VP
- Fjellstrand books order for six trimaran SWATH wind farm support...
|JUNE 15, 2012|
- AAPA to honor 22 seaports for top communications projects
- Rail freight traffic numbers post gains during week
- Port Metro Vancouver event raises funds for local charities
- Panama Canal Authority inks environmental cooperative pact
- OOCL making changes to executive team makeup
|JUNE 15, 2012|
- West African suezmaxes seek new trade patterns to survive
Million-barrel vessels must 'adapt or die'
- APM Terminals tests the limits on container handling
Cranes ordered for Rotterdam's Maasvlakte II to be among largest and most productive built to date
- Greenmodal goes for growth
CMA CGM intermodal arm offers total transportation control
- APMT unveils box handling set-up for Maasvlakte II
AP Moller-Maersk ports arm orders cranes from Cargotec and Kuenz
- Staying the right way up
Titanic sank on an even keel, yet 100 years later we are designing cruiseships that will roll over if they are holed
- 'Piracy is never going to get resolved at sea'
Documentary-maker Simon Reeve shocked at how little attention is paid to piracy
- China yards target high-value orders
Players set their sights on LNG and offshore contracts
- Wood chips choose box ships
Container lines swallow up more bulk cargoes
- Shipping cashflows feel the squeeze
S&P downgrades CMA CGM over liquidity concerns
- Weak sugar harvest could kill Atlantic supramax trade
Market threatened by decline in Brazil sugar exports and sluggish Pacific trade
- OSX secures $1.3bn to develop Açu Shipbuilding
Brazilian development bank BNDES and Caixa Econômica Federal join in 21-year loan
- First-half 2012 brings record low for capesize trade
Falling iron-ore shipments from Brazil to China blamed for downturn
- Ransom payment taskforce to report back by autumn
Nautilus accuses 14-nation group of 'pre-ordained ideas'
- APM Terminals invests $673m in Ningbo terminal project
AP Moller-Maersk's ports arm bets on Chinese port's rapid growth
- UK debates revised rules on use of force against pirates
Updated guidelines respond to calls for more clarity and detail
- HHLA forecasts profits hike
Port operator defies shareholders to raise board salaries by 59%
- Dover to review responses to privatisation plan
Revised proposal sent out for consultation
- Sime Darby invests $443m in Chinese port
Malaysia conglomerate upgrades Shangdong capacity
- Auerbach buys ex-Beluga cargoship
Bunk and Tebbe aim to control entire value chain
- U-Ming sells capesize bulker
Taiwanese operator may sell more old vessels in efforts to renew fleet
- Asia-Europe and Pacific trades send mixed messages
Box lines to press ahead with freight rate increases
- Evergreen order
Sometimes, a public U-turn is the boldest and best policy
- LNG hopes blasted
Exporters desperately need a Plan B if Japan restarts its reactors
- Los Angeles and Long Beach hike fees
Increase covers cost of night and weekend shifts, say terminal operators
- Los Angeles reports strong box growth for May and April
But Long Beach posts drop in throughput
- OOCL appoints new chief operating officer
Hong Kong-based containership operator fills position vacated by Andy Tung's promotion
- STX OSV signs letter of intent to build platform supply vessel
Offshore specialist rides buoyant Norwegian demand
- Russian Register pledges to maintain ice-class expertise
IACS affiliate is open to collaborative deals
|JUNE 15, 2012|
- Pins, needles and Greek vote
GREEK shipowners are on tenterhooks today as the country heats up for the 17 June national elections
- Even more target Sanko
CLAIMS targeting Japan's Sanko Steamship are piling up in both Maryland and Florida, with the bulker Sanko Mineral still waylaid in Baltimore
- Ship blast rocks Rock
A LOUD ship explosion today in Gibraltar alarmed the port but reportedly caused no casualties, spills or fire
- India seeks more Saudi oil
AS OPEC decided to keep its production ceiling unchanged, despite complaints about a thickening oil glut, India sought more crude shipments from Saudi Arabia, IHS World Markets Energy reported today
- Universal to be listed in Oslo
GEDEN Holdings of Turkey intends to list its Universal Maritime tanker unit in Oslo, the Oslo Stock Exchange said today
- BW faces years of red ink
HIGH DEBT leverage and weak interest coverage are likely to lead to two unprofitable years for BW Group, a ratings agency predicted today
- Panamax rates supported
AN INFLUX of South American grain cargoes in midweek supported to Panamax bulker rates, especially on Far East-bound routes
- Supramax recovery seen as brief
A FREEFALL for Supramax bulker rates in the Pacific has been stemmed by owners' resistance, but brokers said today the reprieve is likely to be temporary
- Moody's raps SCF
SOVCOMFLOT has been gauged to be "weakly positioned" by a rating agency, sending the trading price of SCF's $800M bonds down 1.6%
- LNG market tightens again
RISING LNG demand and flat supply indicate that the market will tighten through 2015, IHS CERA has predicted
- STX OSV's outlook brightens
ANALYSTS today raised their estimates for STX OSV's orders this year for new vessels
- LR2 rate rise to 8-month high
BROKERS told Fairplay today higher tonne-mile demand has helped to lift LR2 rates to eight-month highs
- Ebel sees KG placing comeback
THE KG ship finance model will rebound once charter and freight markets regain balance, according to a key Hamburg shipowner
- VLCC charterers pounce
VLCC ACTIVITY was forecast to pick up as charterers start to fix ships for their July programmes, while spot rates hit 2012 lows, brokers said today
- Demolitions help box sector
BREAKERS received more than 60 box ships aggregating 109,200teu in the first five months of the year, an encouraging sign for the container shipping market, BIMCO said today
|JUNE 15, 2012|
- Michigan, Canada Plan Second Detroit Bridge
Michigan and Canada have agreed to build a privately financed bridge between Detroit and Windsor, Ontario, two miles upstream from...
- ILWU Dispute Hits Port of Portland
A dispute between the International Longshore and Warehouse Union and an electricians' union over a handful of refrigerated container jobs...
- US Freight Shipments in April Up 0.2 Percent From March
U.S. freight shipments rose 0.2 percent in April from a month earlier and 2.3 percent year-over-year, suggesting the slowdown of...
- Frankfurt Airport Cargo Slumps 10.3 Percent
Frankfurt airport's freight traffic slumped 10.3 percent in May from a year ago as Europe's second largest cargo hub continued...
- Panama Canal to Protect Watershed Forests
The Panama Canal Authority is moving to cut carbon emissions in the environmentally sensitive watershed zone around the canal by...
- Closing of Streamlite Could Benefit FedEx, UPS
The closing down of Streamlite, a parcel consolidator, on Thursday could provide more business to UPS and particularly FedEx, according...
- Rosalyn Wilson Discusses State of Logistics Report (Video)
The 23rd annual State of Logistics report estimates U.S. logistics costs rose to 8.5 percent of U.S. GDP last year...
- APM Terminals Takes Stake in China Port Project
APM Terminals has taken a 25 percent stake in a project to expand capacity at Ningbo, China's third-largest container port...
- Volume Drops for Cathay Pacific
Cathay Pacific Airways saw a double-digit drop in cargo and mail tonnage shipments last month. Combined figures for Cathay...
- MASkargo Pays $6 Million Fine in Price-Fixing Case
Malaysia Airlines and its cargo division MASkargo have agreed to pay a multimillion-dollar penalty for their role in fixing prices...
- Sime Darby to Invest Millions in Chinese Port
Malaysian conglomerate Sime Darby will invest RM1.4 billion ($144 million) in its Chinese port operations over the next three years....
- MSC Adds Asia-US Bunker Surcharges
Mediterranean Shipping Co. said it will implement a new bunker adjustment factor on all container shipments from the Far East...
- APL Adds Peak-Season Surcharge on India-US Trade
Singapore-based container carrier APL imposed a peak-season surcharge on cargo shipped from India to the U.S., effective June 15. ...
- LA-LB Ports Face Chassis Issues
If the ports of Los Angeles and Long Beach experience congestion during the peak-shipping season this fall, it won't be...
- Online Sales Trigger Speculative Real Estate Development
Third-party logistics providers and shippers aren't waiting for a full economic recovery to take stock of their warehousing and distribution...
- Re-Tweeting Value Vs. Cost
The container shipping news of the week, from the Tweet Deck of Peter Tirschwell, who follows up with commentary and...
- Logistics' Tough Climb
The late Bob Delaney, who created the annual State of Logistics report, liked to describe its comparison of business logistics...
|JUNE 15, 2012|
- APM T invests in China's Ningbo port
APM Terminals (APM T) and the Ningbo Port Group have signed a collaboration agreement that will result in the two companies operating berths in the Chinese port's ...
- Vree takes up European helm for APM T
APM Terminals (APM T) has appointed Ben Vree as ceo of its European operations. He is based in the Rotterdam office of the company where prior to his promotion ...
- Germans warn Greeks on eve of election
Germany, the eurozone's largest economy, has repeated warnings to the Greek electorate of the consequences of effectively rejecting its bail-out terms by voting ...
- Hamburg Sud and partners upgrade Asia-WCSA service
In order to better reconfigure their jointly-provided Asia-Mexico-west coast South America service for the peak shipping season, CCNI, China Shipping Container ...
- CAI in expansive mood
The New York listed CAI International, which specialises in renting out intermodal and container equipment is to expand its railcar leasing business. Meanwhile, ...
- Mixed May fortunes for LB and LA
Contrasting fortunes exist at the neighbouring US West Coast ports of Long Beach (LB) and Los Angeles (LA) as at the former container volumes plummeted year-on-year ...
- Hapag-Lloyd further distances itself from TUI
Hapag-Lloyd has taken a further step to distance itself from parent Group TUI by replacing TUI's chairman Dr Michael Frenzel with its own man, Dr Jurgen Weber (in ...
- US imports to jump for June says Global Port Tracker
Imports to the US are on the rebound for the next few months according to the monthly Global Port Tracker report by the National Retail Federation (NRF) and Hackett ...
- CSAV borrows more
Financially troubled CSAV has raised a further USD90 million from German bank DVB to complete the financing of the last two of its seven 8,000TEU vessels ordered ...
- MSC push the GRI boat out, but postpone PSS
With yet another 13,000TEU ULCS delivered to the Geneva-based liner last week to be deployed on its Asia - Europe 'Lion' service - replacing an 11,600TEU-type - ...
|JUNE 15, 2012|
- Timing is everything
$510m bet on Turkish tankers takes shape as market sources unearth foundation of Universal's eye-catching IPO.
- Molaris units storm Sanko
Alma Maritime attorneys pass over Sanko Mineral and go straight for Japanese operator's jugular as claims mount.
- Rem wins another round
Stig Remoy's protest against the 2009 division of Rem Offshore again falls short in appeal court.
- CSDC stays in-house
Hong Kong-listed owner adds 47,500-dwt bulker to orderbook at parent-controlled Chinese shipyard.
- Boiler blast rocks tanker
JX Shipping products carrier hit by explosion while anchored off Gibraltar.
- TAS wins tug order
Malaysia-listed shipbuilder adds $15.5m vessel to orderbook for repeat customer.
- U-Ming pencils in recovery
Taiwanese owner expects market to rebound in second half of 2013, and will sell ships to accommodate newbuilds.
- Universal targets $200m
Geden tanker spin-off sets its IPO sights high amid backing from blue-chip charterers, TradeWinds understands.
- Malaysia's anchor clanger
German boxship fined after bad weather dragged it into territorial waters "without permission".
- Atienza ship barred
Philippines keeps owner's remaining ferry in port following fatal loss of Josille 2.
- Double lifts STX OSV
Offshore shipbuilding giant sees stock take off following $310m order run.
- Vinalines debt revealed
Government report shows scale of restructuring task as troubled state shipowner owes more than $2bn.
- Jahre's fortune uncovered
Just how much cash did Norwegian owner Anders Jahre hide overseas and what is left over today?
- Double defence
Carriers care more about profit than market share but CSAV ready to defend both if price war reignites, CEO says.
|JUNE 15, 2012|
- Some cloud considerations
- Port states to launch fire safety campaign
- Actiw lands deal for automated container loading system
- Florida increases transportation funding
- S&P downgrades CMA CGM
- CMA CGM, France's distinctive global line
- Container fortunes differ for L.A., Long Beach in May
Port of LA sees record volume for May, primarily due to rise in empties associated with container repositioning back to Asia, while Long Beach volume drops 7 percent as it waits for new services to boost throughput
- APM Terminals will invest in Ningbo terminal
Maersk's terminal operating arm takes 25 percent stake in three berths at one of China's fastest growing ports, one of four ports in Asia Maersk Line uses for as a hub for its Daily Maersk product
|JUNE 15, 2012|
- Americas region records late-week price rally
Prices in North America end week on a positive note.
- Tepsel to supply bunkers in Colombian market
Company will supply bunkers to the Northern Coast of Colombia.
- COSCO still confident on 2012 growth
'Bunker prices are hitting all shipping lines. They are above our expectation,' says Chief Executive.
- Middle East hub sees bunker prices rise
Other ports see prices fall.
- Bunker prices firming in Rotterdam on Friday
Rotterdam IFO avails remain tight.
- Japanese refiner 'considering' supplying LSFO
Two other suppliers, however, say they have no plans to offer low sulphur product to the marine market.
- Brightoil's US head of operations resigns
Vince Matassa had joined Brightoil in August 2010.
- 'New interest' in operating UK refinery as a terminal
UK government says there will be no state aid for Coryton.
- 'Bunker problem' bulker likely to be scrapped
South African court says vessel can be put up for auction.
- Week ends with bunker prices firming at major Asian ports
Supplies of bunker fuels fine.
- Singapore port authority terminates bunker supplier's licences
Winbuild Petrofin no longer allowed to supply bunkers after it was found to have breached the licences' terms and conditions.
- Moody's lowers BW Group's ratings
Amid an 'unfavourable' outlook on its profitability partly due to rising bunker costs.
- Wrist subsidiary grows 'significant' market share
Wrist Ship Supply's focus in 2011 has been on integrating its acquisitions, says managing director.
- Japan's bonded bunker sales slightly up in April
Japan sold 340,000 mt of bunker fuels in April, according to METI.
- Offshore shipbuilding firm gets 'eco' ship order
Norwegian firm looking to expand its fleet with environmentally friendly ships for operations in the North Sea, says STX OSV.
- Spanish port to explore use of LNG as bunkers
Port Authority of Vigo in two-year framework agreement to study LNG bunker use.
- Chilean shipping line eyes fuel efficient ships
Plans to increase its owned fleet to 50%, from 9% at the start of 2011, with 'larger and more efficient vessels'.