|JUNE 26, 2012|
- Hapag-Lloyd, Hanjin skip Portland for Oakland to avoid ILWU go-slow
- Port of Los Angeles box volume increases 5.5pc in May to 731,352 TEU
- TS Lines unveils its JTT loop, plus FE -India CIX string with Hyundai
- Maersk pulls out, but CMA CGM to continue east coast South America loop
- Major carriers look for cheaper and better Med transshipment ports
- Kuehne + Nagel opens new 75,000-square foot warehouse in Hong Kong
- Storm rages over EU megatrucks over who has the right to regulate what
- CEVA lands five-year contract to make showroom2bedroom deliveries
- GAC starts Britain-to-Turkey trucking service with continental stops
- 2GO opts for smaller ships to boost capacity and faster turnarounds
- Gibdock attracts more containership operators as repair location
- Air France-KLM to shed 5,000 jobs to save US$2.5 billion a year
- FedEx quarterly profit off 1.4pc, revenue up 2.6pc to US$6.8 billion
- Carriers, ground handlers tell airports to realise air cargo's importance
|JUNE 25, 2012|
- Mundra Port Steamer Agents Association unanimously selects key office-bearers
- Safmarine voted most 'Friendly Line'
- Spanish NVOCC leader International Forwarding, S.L. joins the INTTRA network
- EU crisis also seen as a blessing in disguise for India
- India seeks more crude from Saudi Arabia
- Dutch co. bags Dhamra ports maintenance dredging contract
- W. Bengal keen to pick up stake in proposed Major Port
- ICD-Loni gets C-TPAT compliance
- CMIE expects turnaround in FY13; pegs GDP growth at 7.3 pc
- Govt expects spike in FDI inflows this year
- INR losses early gains, still higher at 56.97 per dollar
- RBI announces steps to arrest INR fall
- EU crisis, flagging crude demand keep freight markets on tight leash
|JUNE 25, 2012|
- USA: final rule on emergency notification systems at highway-rail grade crossings
The US transportation secretary, Ray LaHood, has announced new regulations on emergency notification systems (ENS) at highway-rail grade crossings. Under the final rule published i...
- Nine new Kerax vehicles for Polish firemen
Renault Trucks has delivered nine new Renault Kerax to Polish fire-fighters. The units are 430 hp 18 t Kerax 4x4 vehicles with reinforced axles and a heavy chassis capable of carry...
- USD 65 million investment in New Mexico to maintain and improve rail capacity
BNSF Railway Company (BNSF), one of North America's leading freight transportation companies, plans to invest an estimated USD 65 million on track and rail capacity improveme...
- Sievert Handel Transporte investing in fleet
Sievert Handel Transporte GmbH, headquartered in Lengerich (Germany), is investing in its vehicle fleet. During the current year the company will acquire more than 100 new tractors...
- WFS and Aviapartner to join forces
The shareholders of WFS and Aviapartner have agreed to combine the two companies, with Aviapartner to join WFS. The new group will be controlled by LBO France, WFS' majority shareh...
- New CEO for Hapag-Lloyd Central Europe
Reinhard Neitzel became the new CEO of Hapag-Lloyd Austria Ges.mbH in May. From his office in Vienna he manages the liner shipping's customer services and sales activities in Austr...
- Iata's Airline Coding Directory moving from print to web-based application
The International Air Transport Association has said that its Airline Coding Directory (ACD) will be printed for the last time in 2012, and then switch to a web-based application (...
- Bank loans fully repaid, CAM getting ready for new development
The Macau International Airport Company Limited (CAM) has fully repaid the bank loans that it required for airport infrastructure development in its early construction stage with c...
- KPMG to acquire BrainNet
KPMG, a global network of professional firms providing audit, tax and advisory services, is to acquire the consulting firm BrainNet Supply Management Group, which specializes in pr...
- Mandatory weighing of containers a false remedy
The European Shippers Council (ESC) is against the introduction of a compulsory weighing of containers. The council stated that the measure is unnecessary and impractical, and add...
- One Express extending its central hub in Bologna
The Italian pallet distributor One Express is expanding its facilities at its headquarters in Bologna. The company recently phased in an additional 3,000 sqm hall with 20 truck loa...
- Airgroup Express joins WPA network
The Worldwide Partners Alliance Ltd (WPA) has just announced that 20 offices of Radiant Global Logistics have joined its global network. Radiant Global Logistics is a non-asset bas...
- Norbert Dentressangle lands contract from Compañía Cervecera de Canarias
The French service provider Norbert Dentressangle has been awarded a three year contract by Compañía Cervecera de Canarias (CCC), the Canary Islands' leading brewer. Headquartered ...
|JUNE 25, 2012|
- Florida Marine orders six more 30,000 bbl tank barges from TY...
- Exmar Offshore to design production semi for LLOG...
- Simon Møkster goes to Astilleros Gondwan for PSV newbuild
- Wärtsilä Hamworthy to supply waste water treatment systems for...
- BIMCO taps Admiral Brian Salerno as Washington, D.C., liason
- Odfjell gets back into gas tanker market
- Russia's United Shipbuilding gets $1 billion order for...
|JUNE 25, 2012|
- Coos Bay Port Commission selects David Koch as chief executive officer
- Orient Overseas Container Line placing AES service on hold
- Port of Everett reports success in educational enrichment program
- Port projects net greater share in fourth round of TIGER grants
- New survey vessel launched for NOAA West Coast service
|JUNE 25, 2012|
- Femco is forced to reflag Alaed as long-term partners cut ties
Contracts between Russia and Syria are lawful, says foreign minister
- Miami launches three-point plan to recapture box traffic
World's top cruise hub gears up for the container opportunities that will flow from a wider Panama Canal
- Rail provider sees signals for growth
Miami port's on-dock railway link will create quicker and more efficient movement of freight through and beyond Florida
- Why not desulphur heavy fuel oil?
Shipping faces a small but expensive list of options to meet the low sulphur rules
- Biofuel works as marine fuel
Meriaura completes trials on heavylift vessel
- LNG bunkering spreads across the Baltic
Ports responding to rise in the number of shipowners expected to opt for gas-fuelled vessels
- Citibank to hold expanded shipping book
EXCLUSIVE: Portfolio will target big-name deals
- Commercial anti-piracy protection scheme to launch within weeks
Typhon shares similarities with JLT's Convoy Escort Programme but may beat it to market with Asian funding
- BP chartering manager resigns after corruption claims
Nielsen resignation 'a personal decision', says oil giant
- Vestas pulls out of Sheerness wind turbine project
Energy group says decision leaves its commitment to offshore and onshore wind industries unaffected
- European dockers close ranks against Brussels' bid for change
European Commission ports package condemned as 'attack on organised labour'
- Arrested vessels set to rejoin B+H Ocean Carriers fleet
Chapter 11 enables struggling company to regain possession
- South Korea reduces its Iran oil imports by 39% in May
Asian state set to halt shipments when EU sanctions hit next week
- Reading between the lines
When ship records conceal the hours worked
- Ill wind for tanker owners
Depression becomes a storm that disrupts Gulf of Mexico trade
- Yang Ming downsizes convertible bond
Banks sign $206m guarantees
- Okay, Wilbur
Daring investor speaks out as everyone else runs for cover
- Owners cut prices as yards' scrapping capacity becomes scarce
Hopes that August will herald pick-up in activity
- Japanese bargains drag down secondhand bulker market
Tonnage clear-out sees prices plunge
- China Merchants Energy Shipping appoints new president
Conglomerate parent's chief economist to oversee deepsea unit
- Chinese yards see orders halved in January-May
China's shipbuilders suffer from overcapacity
- Blacklist bad breakers
As governments dither, it is up to shipowners to boycott dirty demolition yards
- Brian Salerno joins BIMCO
USCG veteran finds new billet after retirement
- Odfjell returns to LPG shipping
Norwegian owner buys two gas carriers and plans more
- STX OSV invests in engineering and design firms
Offshore specialist streamlines operations
- IMO and UN pay tribute to seafarers
Piracy highlighted as ongoing problem
- Guangzhou Wenchong wins Seaboard handysize bulkers order
Four-ship deal brings in China State Shipbuilding offshoot's first US customer
- Valemax issues clouded by misinformation
Vale chief seeks to clarify five points
- Beyond the Maritime Labour Convention
Day of the Seafarer is a chance to stop and think
- Hutchison raises investment in Yantian
Hong Kong subsidiary pumps $765m into container port
|JUNE 25, 2012|
- Seafarers urged to check on employers
JAMAICA has called for seafarers to take responsibility for their welfare by checking the track record of potential employers
- New head of Russia's USC named
THE new head of Russia's state-controlled shipyard holding, United Shipbuilding Corp (USC), will be Andrei Dyachkov, company sources have announced informally
- Lübeck sells port stakeholding
BRITISH financial investor Rreef is going to increase its shareholding in one of Germany's biggest cargo handling and stevedoring groups
- IMO backs new green forum at Rio+20
The IMO has committed shipping's involvement in a new UN-led intergovernmental forum on sustainable development
- Bleak, but still foreign outlook for Chinese yards
CHINA's orderbook is shrinking rapidly. During the first five months of this year, only 9.5M dwt was ordered, down 47.3% year-on-year
- Foreign trade pushes up China cargo
CHINA's ports handled 7.4% more cargo during the first five months of this year compared with 2011, according to the China Ports Association today
- Four rescued, eight missing
FOUR crewmen were rescued on Saturday from a Chinese sand mining vessel that capsized in the Bohai Sea near Huluado, northwest of Dalian
|JUNE 25, 2012|
- US Diesel Hits Lowest Price Since February 2011
Diesel prices in the U.S. hit the lowest point since February 2011, falling 5.1 cents in the week ending June...
- Helis Named Kings Point Superintendent
Retired Army Col. James Helis has been appointed superintendent of the U.S. Merchant Marine Academy at Kings Point. "Colonel...
- Russia's Novorossiysk Commercial Sea Port Boosts Profit, Cargo Volume
Novorossiysk Commercial Sea Port's first quarter earnings soared 48 percent from a year ago as Russia's largest port operator handled...
- Sea-Air Shippers Undeterred by Fuel Surcharges
Leading forwarders say sea-air volumes remain stable despite the double dose of fuel surcharges levied on users. Shipping lines...
- Shippers Preparing for ILA Strife, JOC Poll Shows
Most shippers expect to decide by midsummer whether to divert cargo from the East and Gulf coasts to avoid possible...
- Oman Container Lines to Launch New Service to India
Oman Container Lines will begin a new service to India on July 3. The fixed-day weekly India Express common...
- SIA Cargo, China Cargo Airlines Further Integrate Services
Singapore Airlines Cargo and China Cargo Airlines have signed an agreement to operate joint freighter services between Singapore and Shanghai....
- APL Taking Steps to Reduce Operating Costs
With only moderate growth projected in the global container trades for at least two more years, and overcapacity keeping a...
- OOCL Suspends Trans-Atlantic Shuttle
OOCL said it is suspending until further notice the Atlantic Express Shuttle that it operates in a vessel-sharing alliance with...
- MSC to Boost Rates From Far East to Caribbean, Central America
Mediterranean Shipping Co. said it will implement a general rate increase on all kinds of container equipment shipped from all...
- Strike Threatens to Shut India's Nehru Port
Local political and trade union leaders notified the APM Terminals management in India's Port of Nhava Sheva (Jawaharlal Nehru) of...
- FMC Seeks 'Equal Treatment' for Exporters
The Federal Maritime Commission is doing its part to promote exports under President Obama's National Export Initiative by ensuring that...
- Florida Ports Fortify 'Home Field Advantage'
Stacks of Crowley and Seaboard Marine containers at Florida East Coast Railway's Hialeah Rail Yard near Miami are a sign...
- Commentary: Traffic Warnings Low on FMCSA's Checklist
Q: We're a motor carrier. Our fleet runs 40 percent of its miles in Indiana and Michigan, so-called probable cause...
- Arkansas Best Thinks Outside the Box With Panther Deal
By acquiring Panther Expedited Services, a $215 million non-asset trucking and logistics operator, holding company Arkansas Best is reaching beyond...
- Air Cargo Expansion Projects Taking Off in the US
Judging by the recent rash of U.S. air cargo expansion projects, you'd think demand was skyrocketing. It's not. ...
- House-Senate Divide Takes a Toll on Road Work
The lean times for transportation infrastructure spending are likely to get even leaner. The more fiscally conservative House...
|JUNE 25, 2012|
- To weigh or not to weigh: that is the question
The age-old debate over the case for the mandatory weighing of containers prior to export is gathering pace ahead of the next IMO Maritime Safety Committee meeting ...
- India to relax cabotage laws
The Indian government is set to ease the strict rules that forbid foreign-flagged container ships from carrying cargo between the country's ports; but ...
- Reefer job spat stymies Portland
A US federal judge has appointed a former Oregon governor as a mediator to help settle a dispute between two unions at the port of Portland; a rift that has caused ...
- Worst over for the euro?
Some economists are predicting that the eurozone has now passed its critical period - with Greece having voted to stay in the single currency - and that speculators could ...
- APL restructures
According to an internal memo seen by Containerisation International, APL intends to rationalize a number of structures and functions within its global network ...
- Toy Story for Geodis
Global logistics provider, Geodis - part of the French SNCF Group - has been awarded the management for the logistics and distribution operations in southern Europe ...
- DP World adds more cranes in Aden
DP World Aden, which operates cargo-handling facilities in the Yemeni port of Aden, has taken delivery of two new super post-panamax cranes for use at its Aden ...
- Seychelles call for 'greater international focus' to fight piracy
In a presentation to the UK's House of Lords EU sub-committee on external affairs inquiry into Somali piracy last week, its minister for foreign affairs, Jean-Paul ...
|JUNE 25, 2012|
- Cash buyer comeback
Former Wirana man reenters scrap arena with a new venture after 15-year hiatus.
- Diamond in the rough?
S&P brokers turn attention to Tokyo as Iino Kaiun starts to market aframax tanker.
- Marinakis to the rescue
Greek shipping and football icon donates to charity seeking debt crisis cure.
- Window shoppers
Private equity's place in capital equation won't be what many expect, analyst says.
- Norden raids Lauritzen
Ejner Bonderup quits as head of Lauritzen Bulk to take over Norden's bulker wing.
- FBR pulls coverage
Analyst downs Navios and Euroseas before abandoning seven dry-bulk stocks.
- ESL sells oldie
Finnish drybulk operator confirms sale of 20-year-old supramax for $4m.
- SCI starts again
Search to find Sabyasachi Hajara's replacement as boss fails to find suitable candidate.
- Singapore sling for HD
Boost in income from its Lion City arm helps boost revenue at Hill Dickinson.
- Hope for Iceberg 1 crew
Families of captive Indian seafarers told vessel could be released by pirates next month.
- Billion dollar win for PACD
Pacific Drilling, controlled by the Ofer family, signs five-year charter deal with Chevron.
- Marsh takes a nibble
Former chief executive Alan Marsh has snapped up a few more shares in Braemar.
|JUNE 25, 2012|
- Group says ACAS bill undermines existing pilot program
An industry group wants Sen. Susan Collins to postpone filing legislation that would codify an air cargo security program being tested by CBP for pre-screening shipments before loading on an aircraft at a foreign airport.
- IBM announces new analytics platform
- Salerno joins BIMCO as U.S. liason
- QuickTSI launches new load board
- Ports want larger share of TIGER grants
Kurt Nagle, AAPA's president and CEO, said his organization "will continue to advocate for a permanent authorization of a TIGER program, and urge that 25 percent of future TIGER grants be provided for seaport related infrastructure."
- Hapag-Lloyd points to weakening transatlantic
- Ag shippers urged to consider derivatives
Derivatives are gradually gaining traction in global container markets, providing shippers and carriers a way to hedge against volatile freight rate movements on tempestuous east-west trades.
- Intermarine names new CEO
Intermarine, an ocean carrier that specializes in project and heavy lift cargo, said that Alfred "Al" J.V. Stanley has joined the company as president and CEO. He will take the place of Andre Grikitis, who becomes operating chairman.
- NRF elects Litchford to lead technology
- Singapore, China Cargo link up freighters
- Zim develops new bill of lading security features
- CII names Donde president
- InterChez names Fuentes goverrnment affairs head
|JUNE 25, 2012|
- Prestige oil spill trial date set 10 years after spill
Some $1.59 billion in damages being sought.
- Prices waver in Middle East market
Tight IFO avails in Cape Town.
- Rotterdam market firms but Hamburg sees prices fall
European markets lack direction.
- VLOC operator commits to biodiesel
Brazilian mining giant to run its ships, trains and trucks with biofuel.
- Carnival says bunker costs 'lower than forecast'
But overall, Q2 fuel bill still up by $71 million year-on-year.
- Fuel oil 'surplus' in UK
Exxon Mobil to decommission 'pipestill' unit.
- IFO prices firming in Asian bunker markets on Monday
Good supply of bunker fuel in key Asian ports fine on Monday.
- Tuapse domestic bunker sales to increase as much as 15%
New deep-water berth terminal will boost traffic, says interim deputy CEO of RN-Bunker.
- South Korean refiner starts bonded supply operations at Kunsan
GS Caltex has 400 dwt bunker barge at Kunsan.
- Grindrod JV acquire shipping firm's clearing & forwarding division
Merged business improve services for customers, says Managing Director of Sturrock Group.
- Offshore firm receives LNG powered Island Crusader
Island Crusader 'first' offshore vessel to feature lean burn gas engines as main engines, says Rolls-Royce.