|JUNE 27, 2012|
- MSC suspends eastbound bookings from north Europe, 'vessels fully booked'
- APL shrinks global organisation in comprehensive restructuring scheme
- Hong Kong Shipowners toast Seafarers' Day, saluting trade they sustain
- Maersk extends West Africa loop to China deploying larger WAFMAXers
- Zhanjiang port to launch two shipping lines to ASEAN countries
- Hebei port first five-month throughput up 9.6pc to 319 million tonnes
- US Class 1 railways face class action over fuel surcharge price-fixing
- Liaoning's 5-month port container volume up 20.1pc to 1.25 million TEU
- Foreign ships can call at one Indian port and Vallarpadam as cabotage eases
- DP World Aden powers up two Liebherr super postpanamax quay cranes
- Eco group wants Alang shipbreaking beach closed, urges work repatriated
- Tanzania hits US, EU non-tariff barriers that have replaced tariffs
- UPS says it's first foreign non-bank to issue commercial paper in renminbi
- Chile's LAN and Brazil's TAM form LATAM, biggest airline in South America
- Three air carriers find sustainable biofuels financially unsustainable
- FedEx founder: Air cargo faces sea freight threat, needs more D2D
|JUNE 26, 2012|
- Asia-Europe rate increases from July 1
- DB SCHENKER achieves Cargo 2000 Platinum status
- Falling bunker fuel prices to aid shipping cos
- Falling demolition prices may encourage ship recycling sooner rather than later, says analyst
- Hapag-Lloyd to hike Far East-Central, South America rates in July
- Maersk Line scrapping vessel sharing agreement with CMA CGM on Panama-East Coast South America service
- Maersk Lines Triple-E ships honoured as top sustainable solution at Rio+20
- Mitsubishi considering stake in L&T Shipbuilding
- OOCL, X-Press Feeders launch Myanmar-Malaysia-Singapore service
- Permit Iranian vessels: OilMin to MoS
- Shippers left high & dry due to policy changes on agri-exports
- UASC's July 1 Asia-Europe rate hike
- Wan Hai's Asia-Mexico/West Coast South America loop from July
- G-20 curbs may play spoiler with India's export target
- W. Bengal port project may come up at Sagar Island
- CWC to invest INR 100 cr. to boost storage capacity
- Govt devising new plan to boost exports
- Import duty on iron ore likely to go
- Plans to export 1 lakh t wheat to ease storage problem
|JUNE 26, 2012|
- P&O Ferrymasters contract carrier wins Tata Steel quality award
The Dutch haulier Pot Transportbedrijf has won a quality award for the best health and safety performance among P&O Ferrymasters sub-contractors supporting pan-European transpo...
- ITL building new railway workshop in Pirna
The German company ITL Eisenbahngesellschaft, a subsidiary of the Dresden-based Captrain Germany group, is establishing a new workshop in Pirna, on the main ITL line between Czechi...
- Hellmann UK starts partnership with Diehl
Hellmann Worldwide Logistics UK has announced a new international freight forwarding partnership with the Stuttgart-based German company Diehl Spedition. Hellmann UK's express gene...
- Anek Lines launching Bari-Durres link
Anek Lines is launching a new daily Bari-Durres ro-pax service, operated in partnership with Adriatica Traghetti of Domenico Stea. (sco)
- HHLA increases dividend
The German port service provider Hamburger Hafen und Logistik AG (HHLA) is paying out an 18% higher dividend for the 2011 business year, in comparison with last year. Klaus-Dieter ...
- New Braemar CEO at the helm
James Kidwell, who has been Braemar Shipping Services' group finance director since 2002, is now Braemar's new CEO He succeeded Alan Marsh, who will retire from the board in July, ...
- Ilona De March leaving SBB board
Ilona De March has left the board of the Swiss state-owned railway operator SBB for professional reasons. De March, who joined the body in 2009, was also a member of the risk comm...
- Group recommends gradual opening of EU road haulage market
A report submitted to EU Commission vice-president Siim Kallas believes he should consider the gradual opening of domestic road transport markets as a key step towards completing t...
- LAN and TAM complete merger into LATAM
Chile's LAN Airlines last week formally completed the takeover of its Brazilian rival TAM, creating the second-biggest airline by market value in the world. The new carrier, called...
- Geodis Wilson appoints marine logistics director
Geodis Wilson has appointed Sergio Herrero as its vertical market director in the marine logistics division. Herrero will based in Miami FL (USA) and will lead and develop Geodis W...
- Jerich Trans expanding at its headquarters
The Austrian transport and logistics enterprise Jerich Trans has opened a new 1,500 sqm warehouse terminal and a 500 sqm roofed logistics area at its headquarters in Gleisdorf. Jer...
- Agility receives AEO-F certification in Brussels
Logistics service provider Agility recently received full authorised economic operator certification (AEO-F) in Brussels (Belgium). In order to qualify for this customs simplificat...
- UPS makes formal offer to acquire TNT Express
The US parcel and logistics giant United Parcel Service (UPS), having announced its intentions of acquiring the Hoofddorp-based Dutch CEP company TNT Express in March, has now made...
- Tiaca urges greater air cargo security
The International Air Cargo Association (Tiaca) is of the opinion that more countries should follow the lead of the USA, the EU, Switzerland and Canada in pursuing mutual recogniti...
- Singapore Airlines Cargo signs deal with China Cargo Airlines
Singapore Airlines Cargo and China Cargo Airlines will operate joint freighter services between Singapore and Shanghai from today. The joint freighter links are part of wide-rangin...
|JUNE 26, 2012|
- Cruise industry adopts two new safety policies
- Stolt Valor under tow to ASRY, Bahrain
- LPD 23 completes successful acceptance trials
- Standard Drilling to sell two of six jack-ups under construction...
- Austal delivers high speed ferry to New Caledonia mining...
- Colonel Jim Helis to be new Kings Point superintendent
|JUNE 26, 2012|
- Pair of businesses moving in at Everett Waterfront Center
- Trade between NAFTA partners climbs during month of April
- Grains council taps Sleight as Chief Executive Officer
- New export cargo handled at Port of Coos Bay terminal
- Nasdaq warns FreeSeas Inc. of chance of losing market listing
|JUNE 26, 2012|
- Q&A: HFW partner Elinor Dautlich
Prosecution is not the answer to piracy
- P&I results show importance of investment returns
American Club reports in wake of Shipowners, Britannia and North
- Owners must disclose nickel ore loadings from Indonesia or Philippines
Cargo liquefaction danger prompts the International Group's 13 P&I clubs to introduce mandatory notification
- The low-down on valemaxes
Brazilian iron-ore giant's book makes the case for 400,000 dwt ships
- Better ore at flexible prices, says Vale
Why valemaxes will boost Chinese steelmaking
- China's high-end hopes
China's yards restructure to target the offshore and LNG sectors
- NITC launches flag state game of hide-and-seek
EXCLUSIVE: Iranian tanker company reflags tonnage as sanctions loom
- Product tankers target north Europe aframax crude trade
Vessel discharging Indian product at Rotterdam looks to Baltic for work
- ACM Shipping rebuilds its sale and purchase desk
Group moves forward after rejecting bid from RS Platou
- India's Reliance pays up for two Middle East VLCCs
Country's crude imports rise to feed Jamnagar mega-refinery
- Iran to insure its oil shipments to India
Move aims to secure feedstock to four state-owned refineries
- Rio Tinto ships first coal cargo from Mozambique
Emerging export trade could give handysize bulker market a lift
- Greek deputy shipping minister quits
Vernicos stands down from four-day old government
- Taiwan Navigation and Sincere Navigation plan to expand fleets
Well-funded Taiwanese bulker operators poised to place new orders
- Only South Korean VLCC importing Iranian oil has almost finished voyage
Japan and India are exclusively using domestic tonnage while China opts for two Iranian tankers
- DP World defies corruption claim to upgrade Aden cranes
Port giant denies breaking its promises over terminal investment
- Cruise prices may dip despite enduring demand
Passenger interest defies Costa Concordia impact, says Shanks
- Cruise lines adopt common safety drills
Industry safety review unveils policies on emergency instruction, mustering and recording passengers' nationalities
- London Gateway beats Felixstowe for location, says logistics firm
The Finishing Line 'aspires' to switch when DP World terminal opens next year
- Pacific Basin names towage chief as executive director
Kocherla will serve a three-year board term
- Climate karaoke
The song remains the same at this year's Rio earth summit
- STX rides on Russia's efforts to strengthen shipping industry
South Korean conglomerate seals newbuilding and yard deals with Russian state majors
- Into the breach
Citigroup's recent moves suggest an expansion in ship financing, which would be to the good
- U-Ming to cut debt with $66.8m bond issue
Taipei-listed dry bulk operator reinforces financial structure amid fleet shake-out
- South Korea to halt Iran crude imports as EU ban looms
India lets state refiners import on cif basis
|JUNE 26, 2012|
- Greek deputy minister resigns
GEORGE Vernicos resigned today as deputy shipping minister after just five days in office, admitting his involvement in offshore companies
- Equipment, labour worry US exporters
REPOSITIONING containers into the US Midwest to sufficiently meet export demand over the next six months is a top concern for US exporters
- Eagle debt stakes disclosed
NASDAQ-listed Eagle Bulk today filed for the potential sale of equity awarded to lenders in its restructuring, revealing the composition of debt among syndicate members
- Container capacity keeps being added
DURING the first five months of this year, 92 new container vessels have been delivered, totalling 670,000teu capacity
- China's seas get dirtier faster
CHINA'S seas are getting dirtier, according to a report published yesterday by the State Oceanic Administration (SOA)
|JUNE 26, 2012|
- Military Sealift 'Holding Breath' on Budget Cuts
The Military Sealift Command is worried about its inability to plan for a threatened federal budget sequestration that would require...
- Swift Pay Incentives Target Truck Driver Retention
Swift Transportation, the nation's largest truckload carrier, will offer truck drivers quarterly performance-linked bonuses that it says could add...
- Richmond Port Using Real-Time Cargo Movement Technology
Virginia International Terminals implemented new terminal-operating software at the Port of Richmond. The software, called Navis SPARCS N4, provides...
- Cosco Pacific Considers Further Greece Investments
Hong Kong's Cosco Pacific, operator of the biggest container terminal in the Port of Piraeus, Greece, is considering further investments...
- NAFTA Surface Trade in April up 8.2 Percent Year-Over-Year
The value of surface transportation trade between the U.S. and Canada and Mexico in April rose 8.2 percent year-over-year but...
- Box Ships Expands Container Ship Fleet
Box Ships took delivery Monday of its eighth vessel, the OOCL Hong Kong, a secondhand vessel built in 1995 with...
- Colombia, South Korea Sign Free Trade Agreement
Trade between South Korea and Colombia could spike after the two countries signed a free trade agreement earlier today. ...
- Aden Container Terminal Gets New Cranes
DP World boosted productivity and capacity at its Aden Container Terminal in Yemen by installing two ship-to-shore quay cranes. The...
- Container Ship Fleet Hits 16 Million TEUs, But Growth Slows
The world container ship fleet has topped 16 million 20-foot equivalent units, but the rate of capacity growth is slowing,...
|JUNE 26, 2012|
- HPH Trust boosts investment in Yantian Port
Singapore-listed Hutchison Port Holdings Trust (HPH Trust) has upped its investment in Shenzhen's Yantian International Container Terminals.HPH Trust - a subsidiary ...
- APM T Maasvlakte 2 terminal project enters next phase
A reception held by APM Terminal's yesterday allowed guests to look over the site of the terminal operator's latest planned development in the Maasvlakte 2 area ...
- Shippers gear up for US labour negotations impact
Shippers and carriers are preparing for possible ramifications from the stalled US east and Gulf coast port labour negotiations between the International ...
- New York rail development boosted by Government grant
A new intermodal facility being developed at the Port of New York and New Jersey (PNYNJ) has been given a boost following the news that it has been given a US Department ...
- EPV launches tender for second box terminal
- Singh confirmed as cfo of Transnet
Transnet SOC Ltd, South Africa's state-controlled ports, rail and pipelines' company, has announced that Anoj Singh will become its new chief financial officer ...
- OCL starts Oman/India service
Oman Container Lines (OCL), a fully-owned subsidiary of Oman Shipping Company (OSC), is to commence a new service linking the Omani hub port of Salalah with India's ...
- Yang Ming dashes for more cash
Yang Ming has launched a seven-year convertible bond offer worth TWD5,800 (USD194) million. The interest rate is 3%, and the company reserves the right to redeem ...
|JUNE 26, 2012|
- Avance gains Belgian pair
Stolt-Nielsen's gas shipping arm takes VLGC duo from Transpetrol for cash and shares.
- Vopak makes Coryton bid
Dutch terminals group teams with Shell to convert ex-refinery into oil products terminal.
- Strike to close Gladstone
Eight-day industrial action by tug operators set to shut Australia's major coal port.
- Scomi eyes more ships
Malaysian offshore vessel operator looks to boost fleet size with $45m in cash available.
- Panamax pain persists
Analysts predict another bad week for bulkers as Chinese coal stockpiles soar.
- Ensco adds drillship
New York-listed operator declares first of two options at Samsung.
- FPSO forecast
Appetite in Latin America and Asia will drive order avalanche, researchers say.
- FREE faces round two
Nasdaq threatens to torch Ion Varouxakis-led bulker owner's ticker as shares slide.
- HVS stuck with ship
Vietnamese yard claims German owner refusing to take delivery of $30m vessel.
- Johnny eyes the jackpot
ACM CEO reveals how he expects new S&P team to win the lottery.
- Cecon settles up
Oslo-listed subsea contractor recoups two thirds of the outstanding $15m from Angola.
- S-T denies smuggling
French tanker owner calls arrest of St Vanessa by Nigerian navy "disturbing."
- Costa bookings rebound
Disaster-hit Italian cruise line says new April/May business up 28%.
|JUNE 26, 2012|
- Maersk/CMA moving hub on transatlantic loop
In early July Maersk Line will change the westbound hub on its Westmed transatlantic service from Malaga to Port Tangier. Maersk operates the Westmed with CMA CGM, which dubs the service Amerigo Express.
- Hamburg Süd moves service to Los Angeles
The German liner and its VSA partners on four services will move terminal operations from the International Transportation Service, Inc. marine terminal in Long Beach, Calif., to the TraPac terminal in Los Angeles beginning in late July.
- Butcher represents Jaxport in Northeast
- CORRECTION: WCI provides insight into U.S. export trades
- Class action certified against top 4 U.S. railroads
A federal court last week granted class certification to a group of direct purchasers of rail freight who are seeking damages for what they say was a price-fixing conspiracy by the four largest U.S. railroads-Union Pacific, BNSF, CSX and Norfolk Southern.
- Rail venture connects China and Europe
- PST buys Ansaldo's yard control division
- Drewry paper explains index-linked contracts
The free white paper examines the causes of recent container freight rate volatility and how index-linked contracts can help mitigate the impacts of such instability. It also explains how these new contracting arrangements work.
- Long Beach widens deputy exec director search
- Hamburg Süd targets 26% CO2 reduction by 2020
- DB Schenker rails Scottish whisky to Poland
- Sleight leads U.S. Grains Council
- ILA contract dispute puts shippers in bind
- Army's Helis will run Kings Point academy
- Shapiro names McKoy Mid-Atlantic manager
- Metalcraft expands ID service support
|JUNE 26, 2012|
- Barge deployed at Bejaia
Bunker barge has been stationed in the Algerian port since the middle of this month.
- Fujairah prices little changed but markets firm in Suez
Prices softening in South Africa.
- Prices firming in major European ports
Avails 'tight' in Rotterdam.
- US legislators signal ECA doubts
EPA under attack for 'governmental overreach'.
- 'Unexpected culprit' found in short supply cases
Consultant points to player who is 'mostly completely ignored' when investigating short deliveries.
- Bunker demand 'slumps' in some Asian markets
Sluggish world economy means less activity.
- Softening bunker prices 'hitting demand'
Shipowners 'holding back' in the hope of lower prices to come.
- Asian bunker markets generally firm
Supplies of bunker fuels fine at key Asian ports on Tuesday.
- US firm orders six 30,000 bbl capacity tank barges
Order placed in commitment to meet customers' needs, says CEO of Florida Marine.
- US Supreme Court rejects review on California clean air law
Ruling 'puts an end' to challenge from Pacific Merchant Shipping Association, says NRDC attorney.
- DNV's hybrid energy system recognised by global leaders
EU and UN officials consider FellowSHIP 'among top sustainable solutions available today', says DNV.
- Tanker firm orders fuel efficient chemical parcel newbuilds
Order with Guangzhou Shipbuilding International will be delivered from end of 2014.