|APRIL 20, 2012|
- Hanjin Shipping joins ABX and TLS loops to expand east Med service
- Emirates to launch two services to East Africa with CMA CGM from May 11
- Fujian invests US$2.38 billion on roads and waterways in first quarter
- G6 runs 8,100-TEU ships from Far East weekly into APM T Gothenberg
- Xiamen's cross-strait fruit imports from Taiwan doubles in first quarter
- Evergreen adds Japan-Thailand-Vietnam service through slot buying
- Tibet lays in roads, to spend 178pc more in this 5-year plan than last
- KMTC joins Emirates, Hapag-Lloyd, RCL's Far East to India service
- Beijing freight forwarders achieve US$20 billion in revenue in 2011
- Dachser revenue up 13pc to US$5.9 billion, credits air-sea logistics boom
- Evergreen to launch Malacca Strait Malaysia-Indonesia feeder April 28
- Seaspan receives Cosco Hope, seventh of eight 13,100-TEU containerships
- UASC takes delivery of eighth of nine 13,000-TEUers from Samsung
- Malaysia's MISC disposes of assets, speeds exit from container services
- TAMP rejects PSA plea for 15pc hike, by slashing terminal rates 12.2pc
- Charleston box volume up 2pc in fiscal year to date, but up 12pc in March
- DP World JV Visakha Container Terminal enjoys record year in 2011
- Wuhan, China's fourth passenger city, adds Paris to its flight list
- SIA Cargo adds destinations in partnership with budget airline Scoot
- US and Brazil implement aviation private public partnership
- Amerijet extends Central American freight coverage to Managua, Nicaragua
|APRIL 20, 2012|
- AKE report shows surge in Somali piracy in March
- BCHAA organises training programme on how to be successful as a service provider
- Hamburg Süd 2011: Another challenging year in global shipping
- MANSA launches 'Foundation course on shipping logistics'
- Shipping Secretary commends work being done by Kandla Seafarers Welfare Association
- India showing positive signs: OECD
- Ore exports only after meeting local demand: SC
|APRIL 19, 2012|
- Eritrean Airlines back to Frankfurt
Fraport Cargo Services (FCS) takes over cargo handling for Eritrean Airlines. Frankfurt had last been approached by Eritrean Airlines in the summer of 2009; back then FCS had be...
- Record results for Deutsche Bahn
The German rail service provider Deutsche Bahn raised its turnover to the record level of EUR 37.9 billion in fiscal 2011, an increase of 10.1% or EUR 3.5 billion. The company's tr...
- Network Rail awards framework agreements for railway re-signalling
The British infrastructure company, Network rail, has awarded framework agreements for re-signalling the railway with ETCS Level 2. Starting in April 2012, the collaborative agreem...
- Canada takes next step to reduce harmful HGV emissions
The Canadian government is proposing regulations to reduce greenhouse gas emissions from new on-road heavy-duty vehicles and engines, including large pick-up trucks, short/long-hau...
- Vanguard appoints general manager airfreight for Southeast Asia
Vanguard Logistics Services, located in Sydney (Australia) has promoted Collin Rozario to the position of general manager airfreight - South Pacific and Southeast Asia. This promot...
- Garuda Indonesia buys Airbus and casts eyes on Auckland
Garuda Indonesia has placed a firm order with Airbus for eleven more A330-300 widebody aircraft. The equipment will join the carrier's fleet between 2013 and 2017. Garuda currently...
- 25% of Bilbao's traffic stems from America
The port of Bilbao (Spain) reported that its traffic with the American continent amounted to 7.8 million t in 2011, 5% more than in 2010. This traffic accounts for almost 25% of th...
- Canada concludes new air transport agreements in the Americas
Canada has concluded air transport agreements with several states in the Americas. A first-time agreement with Colombia, one of Canada's largest air transport markets in South Amer...
- Ceva Iberia appoints new business development director
Ceva Logistics recently appointed Izaskun Barquin as its business development director in Spain and Portugal. She will be responsible for implementing the company's business develo...
- CMA CGM and Maersk reshuffle Asia-South Africa and Mozambique services
The French container shipping company CMA CGM is reshuffling its services on the Asia - South Africa and Mozambique trades in partnership with Denmark's Maersk Line (ML). As from 2...
- CEO of Royal Jordanian Airlines resigns
Royal Jordanian (RJ) CEO Hussein Dabbas submitted his resignation on 17 April. It will take effect on 1 June. Dabbas has held this position since 2009. RJ is going through a diffic...
- P&O Ferrymasters to expand Eastern Europe fleet
The UK-based transport service provider P&O Ferrymasters is planning a major expansion of own-asset road operations in eastern Europe by basing its hallmark Yellow Fleet traile...
- FedEx is in talks to buy French express carrier Tat Express
The US CEP and logistics giant FedEx Corp is holding talks about the acquisition of the French courier and transport company Tat Express. Tat Express was founded in 1976, currently...
- Agility wins heavylift contract to move railway wagons from Spain to Kazakhstan
Global logistics provider Agility has won a contract to transport 420 railway wagons from Spain to Kazakhstan for Talgo, a leading Spanish manufacturer of railway wagons and c...
- DBL Logistics delivers growth with support from HSBC
DBL Logistics, the Sheffield (Great Britain)-based haulage and logistics company, is planning to double in size with the development of a new purpose built distribution centre, in ...
- Hamburg Süd increases volumes and revenue in 2011
The German shipping company Hamburg Süd, a member of the Oetker Group, increased its container transport volumes by 9% to 3.1 million teu in 2011. Last year's revenue increased by ...
|APRIL 19, 2012|
- Panel of experts to assess recommendations of cruise industry...
- Ingram to buy U.S. United Barge Line from United Maritime...
- Kirsi Tikka to head up ABS Europe Division
- Agreement with Hanjin gives Huntington Ingalls subsidiary access...
- Viking River signs MOA for cruise ships with Fincantieri
|APRIL 19, 2012|
- FESCO plans expansion of business with Port of Everett
- Columbia River Coast Guard holding ship for failing inspections
- House subcommittee proposes $1 billion for harbor maintenance
- Port of Vancouver, USA marks first vessel of second hundred years
- General Dynamics NASSCO starts work on Navy MLP
|APRIL 19, 2012|
- Talk sweeps market that NYK is poised to order LNG newbuildings
Potential for orders seen as Japan's demand for liquefied natural gas continues at record levels
- Supramax market in new rally
Soy and sugar cargoes boost South Atlantic rates
- TEN annual report reveals covenant breaches
One scenario would require $65.4m additional security
- Putin poised to cut taxes for Russian Arctic development
Russian premier announces fresh stimulus as Lloyd's report highlights need for thorough risk assessment of activity
- Shtokman delays expose Arctic investment risks
Partners have yet to commit to final-phase investment
- Keeping the turbines turning
Life on the small support vessels which serve windfarms raises questions about safety
- Sudan halts oil exports
Tensions in northeast Africa cut supply of light, sweet crude to Asia
- TEN to realise $65m gross proceeds from follow-on issue
Tsakos Foundation to take 2m shares
- Shooting ducks?
Industry urgently needs to agree rules on use of force
- Boxship capital inflows are 'illogical'
Investors destroy value and drive down slot costs
- Nord/LB to keep ship financing flat
Lender will focus on existing customers
- Profits rise at Keppel offshore and marine
Buoyant oil prices drive 66% revenue hike
- Shipowners divided over rules for use of force
IMIF delegates at loggerheads over what constitutes 'proportional' force
- OOCL reports dip in first-quarter revenues
Lower Asia-Europe revenues undermine volume growth
- US ports in line for record $1bn dredging cash
Washington recommends largest annual drawdown from Harbour Maintenance Trust Fund
- ABS moves Middle East operations into Singapore-based division
Classification society sees growing business ties between Dubai, Singapore and India
- Suspected Somali pirate base hit by unidentified warplanes
Operation Atalanta said it was not involved, despite EU endorsing attacks by land
- Container pricing
The challenge is to prove that box shipping really can consistently earn a decent rate of return
- HHI to build two long range tankers for Sun Enterprises
Compared to medium range vessels, new LR orders are rarely seen
- Pacific Basin Shipping sees buying opportunities emerging in tough market
Hong Kong handysize and handymax specialist says partial recovery is only temporary
- Port Botany dockers end dispute
Asciano and union agree pay and productivity deal
- Kingpin's arrest highlights failure of prosecutions to halt piracy
Garaad could stand trial in Iran but others will take his place
- Dry bulk bucks Irish ports downturn
Volumes fall for all other traffic segments
- Exclusive: EU journal names CF Sharp 'an IRISL front'
Crew supplier remains IMEC member despite Brussels claim
- TEN follow-on pricing stalls
Company share value falls 16% in a day
- NOL's five-year bonds raise $320m
Singapore-listed box line raises cash after failing to sell perpetual bonds
- Top Ships takes a battering
Shelf registration knocks share price
- Intra-Asia carriers press for general rates increase
IADA seeks extra $200 per teu in two hikes by end May
- Royal Caribbean chief backs cruise industry to ride out spate of casualties
Costa Concordia was an anomaly but industry is coming together to improve safety measures, says Richard Fain
|APRIL 19, 2012|
- Cruise safety panel named
THE Cruise Lines International Association today appointed an independent panel to vet safety policy changes in the wake of the Costa Concordia tragedy
- Water tunnel to aid deepening
NEW YORK has unveiled a $250M scheme to build a water tunnel in its harbour that will help the port in its quest to deepen to 15.2m
- ABG-PSA joint venture falls apart
THE PSA International of Singapore and Mumbai-based ABG Ports consortium, which bagged the fourth container terminal project at Jawaharlal Nehru Port Trust (JNPT), has parted ways
- Keppel Corp's profits surge
SINGAPORE'S Keppel Corp said today that 1Q2012 profit surged 141% year-on-year to S$751M ($600M), helped in part by good demand for rigs
- Mexican standoff at Northern Shipyard
NORTHERN Shipyard of St.Petersburg now has two chief executives, as the state-owned United Shipbuilding Corporation (USC) tries to consolidate its control of the yard, and the management under Andrei Fomichev fight back
- Container freight rate rise surprise
A SHARP increase in spot freight rates in container shipping prior to General Rate Increases (GRI) major carriers had announced from 1 April has come as a positive surprise, according to a senior shipping analyst
- Car carriers receive good news for Japan
NEWS from two industry majors in Japan indicating rising demand for car carrier capacity and continued subdued supply growth underlines the strength of the market, according to a Norwegian shipping analyst
- WilPower dry docking brought forward
AWILCO LNG, the listed Norwegian LNG carrier, has decided to bring forward the dry docking of the 1983-built WilPower by two months to May
- Teekay issues NK700M bonds
TEEKAY LNG Partners, the New York listed lng and tanker shipping company that is part of the Teekay group has issued NK700M in senior unsecured bonds maturing in May 2017 in the Norwegian bond market, the company said in a statement today
- Asian shipping seeks efficiencies
ASIAN shipping will become more efficient in the future, in response to global trends, believes Noël Jelsma, Asia Pacific regional director for the Finnish support systems provider Eniram
|APRIL 19, 2012|
- Prince Rupert Container Volume Doubled in March
Container volumes at the Port of Prince Rupert, Canada, doubled last month compared to March 2011 because of generic growth...
- Port Manatee OKs Expansion Project
The Manatee County Port Authority has approved a $13 million contract for a 584-foot berth extension and a 10-acre container...
- Georgia Ports Have Record Month for Tonnage
The Georgia Ports Authority handled a record 2.37 million tons of cargo in March, including 2.03 million tons of containerized...
- US Intermodal Volume Rises 1.6 Percent
U.S. intermodal rail shipments in the week ending April 14 rose 1.6 percent year-over-year and 1.3 percent the previous week,...
- US Ports Could Get $1 Billion in Federal Dredging Aid
U.S. ports in fiscal 2013 would get $1 billion for maintenance dredging, the largest annual federal award for navigation work,...
- Qantas Launches Air Cargo Service to Chongqing
Qantas Freight Enterprises' first scheduled freighter service linking Australia to the Chinese manufacturing hub of Chongqing and the U.S. will...
- NS, KCS Launch US-Mexico 53-Foot Box Service
Norfolk Southern Railway and Kansas City Southern Railway are expanding their intermodal rail service linking Mexico and the U.S. by...
- Vos Logistics Revenue up 5 Percent
Vos Logistics' revenue grew 5 percent in 2011 from a year ago to $333 million as the Dutch trucking and...
- Werner Enterprises Profit Soars 30 Percent
Steady improvement in demand for trucking and non-asset logistics services boosted Werner Enterprises first quarter net profit 30 percent ...
- OOCL Volume Up, Revenue Down in First Quarter
Orient Overseas Container Line's first quarter volume revenue slipped 0.9 percent to $1.3 billion despite a 5.4 percent rise in...
- Hanjin Joins VSAs to Med, Turkey
Hanjin Shipping in May will join other Asia-based carriers in a vessel-sharing agreement to expand its presence in the East...
- Ingram to Buy US United Barge Line
Ingram Barge has agreed to acquire U.S. United Barge Line, a company with 17 towboats, almost 650 barges and approximately...
- UP Reports Record Revenue on Slight Volume Growth
Union Pacific saw first quarter revenue rise 14 percent year-over-year to $5.1 billion, as double-digit increases in four of its...
- Logistics Group Dachser Revenue up 13 Percent
Dachser's 2011 revenue jumped by 13 percent from a year ago to more than $5.6 billion as the German logistics...
- Seaspan Takes Delivery of 13,100-TEU Ship
Container ship owner-charterer Seaspan has taken delivery of a seventh in a series of eight ships with capacities of 13,100...
- Major Ocean Carriers Set India Freight Rate Increases
Several major container carriers plan to implement general rate increases on trades to and from the Indian Subcontinent that are...
- U.S.-Japan Imports, Exports Jump
Japanese exports to the United States surged 23.9 percent in March from a year earlier, to $12.7 billion, on strong...
- Maersk Resumes Europe-Asia Bookings
Maersk Line has started taking bookings again for cargo from North Europe to Asia following a near month-long suspension. ...
- Maersk Plans Other Daily Maersk Services
Maersk Line plans to duplicate its Asia-Europe Daily Maersk service on other global trade lanes in future, but it is...
|APRIL 19, 2012|
- Hanjin gets more serious about Eastern Europe
Hanjin has announced plans to become more deeply involved in trade between Asia and Eastern Europe by chartering slots on CSCL/K Line/PIL and Wan Hai's existing ...
- Index-linked freight contracts still not the answer
- Evergreen ups ante in Intra-Asia trade
Evergreen is boosting its Intra-Asia offerings with a new feeder route between the Port of Belawan [Sumatra, Indonesia] and Malaysia scheduled to be launched at ...
- OOCL: benefitting from low exposure to Asia - Europe
The Q1 2012 interims will be the first barometer of the financial health of ocean carriers and perhaps explain the shock and awe tactics of the liners in their ...
- Supply/demand balance still out of kilter
The liner shipping industry faces another difficult two years as supply remains out of balance with demand, with freight rates, despite recent strong increases ...
- Maersk Line: 'The listening carrier'
At least that is how Lucas Vos, the carrier's recently appointed chief commercial officer, wants customers to view the operator. He thinks that the carrier's 'New ...
- Rotterdam feels the downturn chill
Europe's biggest boxport saw its container traffic decline by 4% in the first three months of this year, compared to the first quarter of 2011, but Rotterdam's ...
|APRIL 19, 2012|
- CMA CGM brings in ESL
French line joining forces with Dubai operator for re-launched Asia to East Africa loop.
- Nakilat profit flat
Qatari LNG carrier owner says earnings little changed from a year ago.
- Cosco Corp seals two more
Singapore-listed shipbuilder racks up another drilling rig order for one of its Chinese yards.
- Tsakos clan coughs up more
Leading shareholder digs deeper than expected as Tsakos Energy Navigation pushes through $65m fundraiser.
- Boxship and tug collide
Vorwarts dented as engine fails on Navigia's Sirrah at Brunsbuttel on the Kiel Canal.
- Keppel margins squeezed
Singapore-listed rigbuilder's revenue soars but lower value jobs rein in earnings growth.
- Bolivia probes Iran switches
Land-locked country will axe 15 Iranian-controlled ships from register if evidence of sanctions violations found.
- Crew held after deaths
Two Chinese seafarers arrested in Japan following collision in which two fishermen are feared dead.
- OOCL lifts volumes
Hong Kong line posts first quarter cargo growth, but average revenue per teu down 6%.
- Fincantieri wins Viking twins
Italian yard to build a pair of 45,000-gt cruiseships for Torstein Hagen's Viking Ocean Cruises.
- Vinashin eight appeal
Former Vietnam yard group chairman Pham Thanh Binh and other executives contest jail terms for financial mismanagement.
- Boxship goes hard aground
Finnish authorities say ballast tanks leaking on Jungerhans' Phoenix J off Rauma.
- Zaliv earnings slashed
Ukrainian shipyard reports slim profit for 2011 as revenue falls back.
- Samjin slumps to loss
Korean shipbuilder logs deficit in tough 2011 as revenue drops 46%.
- Sun shines for HHI
Livanos group's Sun Enterprises linked to order for two products tankers at world's biggest shipbuilder.
- Awilco LNG extends WilGas
Oslo-listed LNG start-up extends charter contract with Petrobras, as WilPower heads for early drydocking.
|APRIL 19, 2012|
- Kewill adds cloud parcel support
- BizSlate's small business supply chain cloud
- Truck replacement incentive, volumes rise in Charleston
- OOCL's Q1 hit by stagnant Asia-Europe trade
- CMA CGM shakes up Asia-Southern Africa network
- Two House bills could help ports
- Hanjin expands to Black Sea
- CMA CGM opens Mumbai head office
- FedEx Freight expands in western Canada
- Parcel handlers try hydraulic hybrids
|APRIL 19, 2012|
- Liability limits raised as IMO adopts amendments to 1996 Protocol
Limits have become inadequate 'to cover the costs of claims, especially those arising from incidents involving bunker fuel spills' says IMO.
- Prices mixed in Rotterdam, Hamburg
Variable views on product avails in Rotterdam.
- Aegean's Jamaica terminal plans hinging on 'adequate financing'
Company still 'considering' land-based storage terminal but may sell the site instead.
- Prices firm in Fujairah
Prices mixed in South African ports.
- Fuel oil stocks plunge to 13-week low
Singapore inventories decline by 20.7% on thin arbitrage arrivals.
- Workshop on ISO 8217:2010 specification and test methods
Two day workshop organised by the Energy Institute taking place in London in early May.
- Bunker players serving a 'credit challenged' industry
'Global economic chaos' to continue for some time, Stebbins tells IBC in Oslo.
- Bunker prices largely up in Asia
Demand 'average' across most of the key Asian ports on Thursday.
- Dry bulk shipping 'generally in crisis'
Dry bulk rates this year to decline from 2011 levels, says Pacific Basin.
- Cruise industry ECA 'sulphur averaging' method on thin ice
Model that might allow higher sulphur fuel to be used near low density pollution areas 'has not gone down well' with regulators.
- East China fuel stocks up 23%
Stocks expected to decline in the coming week amid stronger demand from bonded bunker traders.
- Rising bunkers curb 'real' gains in box rates
Bunker price increase bearing down on earnings even as box freight index nears all-time high.
- Global gas conference to discuss LNG as bunker fuel
New session at Gastech 2012 will highlight benefit of using LNG to power ships and domestic transport.