|JUNE 28, 2012|
- Brazilian customs strike stands to paralyse air and sea freight for weeks
- US District Court passes Portland inter-union dispute to ex-governor
- Feeders rush in to scoop fresh cargo as Myanmar gets off the bad-boy list
- MSC's 11,660-TEU Sola biggest ship to call at South Africa, Mauritius
- Zim prints new bills of lading on banknote paper to enhance security
- Shanxi spends US$24.1 billion on highway infrastructure January-May
- Sino-Russian rail alliance would have enormous impact: RZD president
- Chongqing city road lengths have increased more than fivefold since 1997
- US agricultural exports need container future derivatives: say brokers
- FedEx and UPS apply to Beijing for licences to penetrate mainland market
- Korean Register and Russian Register sign service sharing agreement
- Hong Kong Government provides grants, licences to green transport vehicles
- SIA Cargo, China Cargo Airlines start Singapore-Shanghai freight link
- Heathrow cargo handlers end strike threat after accepting Swissport offer
- Cebu Pacific Cargo tops domestic freight league tables in first quarter
- United Airlines and Avianca codeshare on flights to cities in Colombia
|JUNE 27, 2012|
- DB SCHENKER entrusted Nikon's finished goods warehousing solutions in India
- Do not work for substandard companies, seafarers urged
- ICS calls for resumption of OECD shipbuilding talks
- Need for alleviating concerns stressed
- Oman Container Lines launching IEX common feeder service between Nhava Sheva & Salalah
- South Korea to augment Asian anti-piracy efforts
- Five more import items exempted from duty at Nathu La
- Govt may levy 21 pc duty on imported power gear
- Stir at APM Terminals Mumbai postponed
- FMC asks bourses to declare stocks in warehouses
- No waiting at highway toll plazas by 2014
- Railways freight earnings up 25 pc
- Dependence on foreign coal set to rise: Citigroup
- Govt jacks up textile products export target to $ 41 bn
- Govt mulling sugar quota reduction for mills
- Import of sensitive items up 42.8 pc
- Indo-Asean FTA seen having more potential for bilateral trade
- INR weakens on persistent dollar demand
- New trade policy to bolster coir exports: Coir Board
|JUNE 27, 2012|
- New Congolese airline starts operations
FlyCongo, a new airline based in the Democratic Republic of the Congo, began services to Johannesburg today, with a twice weekly Boeing B767-200ER Kinshasa-Lubumbashi-Johannesburg ...
- Transaero to serve Paris
The Russian carrier Transaero is set to launch a daily service to Paris Orly on 27 July. Two out of seven weekly services will operate from Moscow Domodedovo, while the remaining f...
- Elvis launches first system network for part loads in Germany
The German entity Elvis Teilladungssystem has opened its first part-load hub in Knüllwald (Germany). The investment volume amounts to EUR 6 million. 63 freight forwarders will exch...
- Stadler braves the euro crisis
The last year has been largely dominated by the falling euro and the EU debt crisis for the Swiss company Stadler Rail, based in Bussnang (Switzerland). Thanks to high levels of or...
- Russian Railways transported more freight
Russian Railways exceeded its May freight loading plan by 0.9%, primarily due to lower-revenue freight such as coal, construction materials, industrial raw materials and moulded ma...
- Hugo Trumpy new Sea Sands Shipping agency
The Italian shipping agent Hugo Trumpy, which is headquartered in Genoa, now represents the Dubai-based Emirati NVOCC Sea Sands Shipping exclusively in Italy, Belgium and the Nethe...
- German railway wagon body elects new chairman
The members' assembly of the German private railway wagon industry association (Vereinigung der Privatgüterwagen-Interessenten VPI, which has more than 140 members) unanimously el...
- Air New Zealand names next CEO
Air New Zealand has appointed Christopher Luxon as its next CEO. Chairman John Palmer said that Luxon will take over from CEO Rob Fyfe in December. Luxon is presently group general...
- New road safety database for Latin America and the Caribbean
The International Transport Forum at the OECD, the World Bank, the interior ministries of Spain and Argentina, and the Mexican health ministry unveiled an effective road initiative...
- Boeing delivers another C-17 to UAE
Boeing delivered the sixth C-17 Globemaster III to the Air Force and Air Defence of the United Arab Emirates earlier this month at the company's Long Beach assembly facility. The d...
- Rieck Logistik group improved sales figure in 2011
The Rieck Logistik group, which is based in Grossbeeren near Berlin, was again able to increase its sales last year, reporting a figure of just under EUR 150 million in 2011, compa...
- Océ Belgium signs contract with Yusen Logistics Benelux
Yusen Logistics Benelux has been awarded a contract by Océ to provide final mile transportation, warehousing and dust-off activities for copying-machines and large format printers ...
- Van der Vlist Transport Group receives AEO certification
The Van der Vlist Transport Group has announced that it has been approved as an authorised economic operator (AEO), with the official certification by the Dutch customs authorities...
|JUNE 27, 2012|
- ABB Turbocharging helps boost fuel efficiency on smaller...
- United Seamen's service names 2012 AOTOS Award honorees
- Vice Admiral Peter Neffenger to keynote Global Greenship
- Saab rolls out fifth generation AIS producs
- Drydocks World South East Asia in JV with Pacific Carriers
- Management changes at Austal USA as Rella resignation fuels...
|JUNE 27, 2012|
- Washington pilotage board sets examination for qualified applicants
- Everett port board reworks plans for Marina District development
- Port of Bellingham schedules 'Coffee with a Commissioner' events
- Inchcape Shipping Services warns of Brazilian customs officers labor slowdown
- Hamburg Sud marks christening of final 'Santa' series container ship
|JUNE 27, 2012|
- Put profit over volume, Maersk tells trade managers
World number one container line strives to deliver better returns for the group
- Rebuilding balance sheets a priority for all container lines
Industry cannot afford a third price collapse, say experts
- ABN Amro returns to New York
Key appointment gives Dutch bank renewed US ship lending presence
- DHT reverse stock split proposal flops
Tanker company remains at risk of being delisted from New York Stock Exchange in dismal market for tanker equities
- China offers solid LNG prospects
Domestic shale gas reserves unlikely to erode mid-term seaborne imports
- Posidonia defeats the gloom mongers
Fewer newbuilding contracts signed, but the Posidonia parties and exhibition were as big as ever
- Stolt-Nielsen takes steps to consolidate large LPG market
Third partner is allowed to enter joint venture
- Taiwan dry bulk firm lands panamax bargain
Sincere Navigation orders two newbuildings in Shanghai
- Box lines set sights on July 1 increase
Carriers seek to raise Asia-Europe rates after June wobble
- Boxship charter activity muted as summer lull sets in
Sentiment is still better for larger vessels rather than smaller ones
- Brussels investigates funding for Marseille-Corsica ferries
Competition probe targets SNCM and CMN
- Owners increase lay-ups of small boxships
But idle capacity falls as larger ships return to service
- Carrier reluctance and 'education' remain obstacles for box swaps
But industry's desire to learn more about the concept is increasing, CFDA conference is told
- Pirate attacks fall but seafarer deaths triple
Dubai conference pushes public-private co-operation
- Eurotunnel poised to receive ex-SeaFrance ferries
First ro-pax could enter service on Dover-Calais route by mid-August
- Hyundai Glovis to order three car carriers
Korea logistics firm will add newbuildings to its fleet
- Navios plans $88m bond placement
Five-year notes to be secured by mortgages on 17 bulk carriers
- Industry shocked by Commerzbank move
Ship finance withdrawal comes weeks after bank pledged to continue to lend
- Commerzbank to exit ship financing
UPDATED: Second largest German lender changes mind on shipping
- Commerzbank bows out
German exit nudges the industry towards Asian ship finance
- Targeting Tehran
A sensible approach to sanctions is in everyone's best interests
- Nanjing Tanker borrows $63m to repay debts
Two of its vessels pledged as security for the loan
- Component firms inject funds into P+S
New optimism as troubled yard pledges autumn delivery for Scandlines ferries
- CNOOC forges ahead with LNG carriers
China's largest offshore oil and gas producer buys stakes in five Chinese-made LNG carriers
- Claimants line up against Rena losses
Business owners' joint lawsuit could be New Zealand's biggest environmental claim
- LNG industry calls for new pricing structure
'Growing appetite' developing for prices not linked to oil, Informa LNG Global Congress is told
- Commerzbank weaknesses identified earlier
Nomura analyst pointed to problems back in March
- Iran plans to start LNG exports next year
International sanctions against Islamic Republic's oil industry make a move into gas controversial
- Korean Registry of Shipping urged to halt Iran certification
US lobby warns register not to fill class society 'vacuum'
- Design flaws partly responsible for Costa Concordia casualties, claims lawsuit
Lawyer calls cruiseships "floating coffins"
|JUNE 27, 2012|
- DHT delist risk intensifies
NYSE-listed tanker owner DHT fell short in yesterday's vote on a reverse stock split and was forced to adjourn its annual general meeting until 5 July
- US warns shipowners on ECA compliance
FUEL COST will not be considered by US authorities in determining whether vessel operators are attempting to comply with new cleaner-burning fuel oil standards that go into force in North America on 1 August
- Lobbying campaign targets KRS
THE Korean Register of Shipping is the latest class society to be publicly pressured by New York-based United Against Nuclear Iran
- EC investigates Corsica ferry subsidies
The European Commission today announced that it was opening an investigation into subsidies received by French operators SNCM and CMN for operating the public service ferry concession between the French mainland and Corsica
- Beijing believes in global recovery
FOREIGN trade can reach Beijing's growth target of 10% this year, despite global problems, according to a spokesperson at China's Ministry of Commerce
- Shipping confidence levels improve
CONFIDENCE levels in the shipping industry have reached their highest levels since 2011, according to the latest survey from accountants Moore Stephens, published today
- Rain in China disrupts coal demand
HEAVY rains in south China continue to be a boon to the country's power generation
- ICS opposes new Mozambique route
THE INTERNATIONAL Chamber of Shipping (ICS) has warned that a proposal to create a new 1,000 mile-long recommended route for ships using the Mozambique Channel will increase the risk of collision there
|JUNE 27, 2012|
- US Global Trade Forecast to Grow 4.7 Percent
U.S.-based companies' imports and exports will rise 4.7 percent annually during the next 15 years, led by exports to feed...
- Three to Receive AOTOS Awards in October
The United Seamen's Service will present the 2012 Admiral of the Ocean Sea Awards to Niels M. Johnsen of International...
- ATA to Hold Natural Gas Summit
The American Trucking Associations will hold its first-ever conference in late November on the opportunities burgeoning natural gas production could...
- City's Bankruptcy Won't Affect Port of Stockton
Stockton is poised to become the largest U.S. city ever to declare bankruptcy, but the city's legal filing will have...
- Congress on Brink of Transport Bill Compromise
Congress appears to be on track to reach an agreement by late Wednesday over the long-delayed surface transportation bill that...
- Global Slowdown Threatens U.S. Export Gains, ITA Chief Says
A key U.S. trade official lashed out at the declining state of U.S. transportation infrastructure Wednesday, saying "we can and...
- Air Cargo Industry Faces Overcapacity Threat
There is growing evidence the air cargo industry is heading for a state of overcapacity that threatens to ground more...
- Yildirim Holding President Discusses Plan to Invest Further in CMA CGM (Video)
Robert Yildirim, co-owner with his brother of the private Turkish investment group, talks about why he believes their investment in...
- Stowaways Suspected in Container at Port Newark
Federal and local authorities are investigating apparent stowaways inside a shipping container on the CMA CGM chartered container ship Ville...
- APL, "K" Line, OOCL Share Top Spot in AgTC Survey
The Agriculture Transportation Coalition said APL, "K" Line and OOCL shared the top ranking in the organization's seventh annual carrier...
- Customs Strikes Disrupt Brazil Imports
Strikes by Brazilian customs officers are disrupting ports and slowing clearance of imports, maritime services provider Inchcape Shipping Services reports....
- Shipping Industry Confidence Rises for Fourth Quarter in a Row
Overall confidence levels in the shipping industry, including the container ship market, increased in the three months ended May 2012,...
- Kerry Opens Expanded Logistics Facility in Thailand
Kerry Logistics has opened its newly expanded automotive logistics facility at Laem Chabang, Thailand. The facility is located in...
- Hong Kong International Airport Posts Record Financials
Hong Kong International Airport saw profits and revenue both reach record highs in the year ended March 31 despite bearish...
- K+N Australia to Manage Logistics for Corning Cable
Kuehne + Nagel Australia has signed a logistics contract with a leading provider of fiber optic and copper product solutions...
- Nehru Port Strike Postponed
Labor federations representing dockworkers at the APM Terminals Mumbai in India's Port of Nhava Sheva (Jawaharlal Nehru) have postponed an...
|JUNE 27, 2012|
- APM T will keep its existing Rotterdam terminal
APM Terminals is to keep its existing Massvlakte terminal when its new automated 2.8 million TEU capacity facility opens in late 2014.Frank Tazelaar, managing director ...
- Drewry promotes Index Linked contracts
Drewry Shipping Consultants and World Container Index recommend that those shippers not already using index linked ocean freight agreements to stabilise prices ...
- HS to take delivery of final Santa-class vessel
Hamburg Sud will shortly take delivery of its tenth and last Santa-class vessel of 7,100TEU. The ship is also the final unit in a series of 30 vessels that have ...
- Industry embraces coalition push for container weighing
Reaction to the news that a coalition of government, industry and labour unions have teamed up to present a proposal that all containers be weighed before they ...
- Scottish whisky shippers turn to rail
DB Schenker Rail has started a new rail service between Mossend (Scotland) and Wroclaw (Poland). Thousands of bottles of whisky now move in intermodal containers ...
- Nestle to invest in new Dubai facility
Nestle Middle East is to invest an estimated AED500 million in a new manufacturing and distribution base in Dubai and has signed a partnership arrangement with ...
- UAE conference on piracy opens
The human and economic cost of maritime piracy and finding more effective regional responses in dealing with it are the main topics being discussed at the second ...
- US and South Africa sign new TIFA
The South African and US Governments have signed a new trade and investment framework agreement (TIFA) that they hope will stimulate imports and exports while enhancing ...
|JUNE 27, 2012|
- Saudis eye tanker merger
NSCSA's $1.3bn deal to buy Vela would rank it fourth in the world with 32 VLCCs.
- Navios powers note press
Angeliki Frangou at the helm as US-quoted bulker owner prices $88m debt deal.
- ABN enlists Terlouw
Maarten Terlouw leaves RBS to head up Dutch banking giant's energy & transport unit.
- Torm ticker intact
Nasdaq gives Jacob Meldgaard-led issuer more time to cure share price deficiency.
- Seven banks grab shares
Eagle Bulk's debt workout results in lenders sharing stock worth nearly $9m.
- Navios eyes notes
Angeliki Frangou-led owner sets its sights on near $90m haul from paper issue.
- Atlantic adds to tally
Norwegian owner inks four-year rescue services deal with French oil major Total.
- Geden cape aground
Lightering plan drawn up as Malta begins probe into grounding of Turkish bulker.
- Commerzbank quits
German lender to wind up ship finance arm, citing uncertain market situation.
|JUNE 27, 2012|
- Military Sealift Command adds seafarer jobs
The outlook for most of the deep water U.S. Merchant Marine may not be rosy, but John Thackrah, executive director of the Military Sealift Command, said his organization is ",growing.",
- Customs strike could slam Brazil ports
"Industrial action of varying lengths and degrees has already affected normal port operations in the majority of Brazil's major ports including Santos, Paranagua, Salvador, Manaus, Santarem, Santana and Itacoatiara,", Inchcape said in the notice.
- Washington Notebook: Commerce readies supply chain advisory group
- Williamson appointed ITC chairman
- Richmond port using Navis
- DLA focuses more on fully loaded containers
- FMC reviews 14 OTI license applications
- APL lets go 3 North America veterans
The three executives are George Hearn, Ted Fordney, and Earl Agron. Hearn was most recently vice president of APL's eastern U.S. region, while Fordney was vice president of the U.S. central region. Agron was vice president of security and environment.
- MSC says some Europe-Asia service ships fully booked
- Maersk Line Ltd. looks to acquire 3PSC
Maersk Line, Limited (MLL), the U.S.-flag shipping arm of the A.P. Moller-Maersk Group, said it has entered into a letter of intent with the owners of Cape Canaveral, Fla.-based 3PSC to buy the company.
- Survey shows shipping executives more optimistic
- Germany's Commerzbank exits ship financing
- Southwest makes Milwaukee service change
- 2012 AOTOS recipients named
|JUNE 27, 2012|
- Prices still showing little movement in Middle East hub
Suez prices soften.
- Prices firming in European bunker markets
Rotterdam: Some players fully booked until Monday.
- Confidence 'growing' among industry players
'The ultimate squeeze comes from the cost of bunkers,' says survey respondent
- Lubmarine expands its network
Lube supplier opens supply hub in Denmark.
- Oil products terminal for UK south coast
'Coryton site is of exceptional value as an import terminal because of its location,' says UK minister.
- IFO prices largely stable at key Asian ports
Supplies of bunker fuels fine at major ports in Asia on Wednesday.
- EC clears Grindrod and Vitol bunker trading joint venture
Clearance of business joint venture granted on Tuesday, says Europa.
- Bank 'withdraws support' from Malaysian oil hub project
Muhibbah Engineering 'currently evaluating various courses of action and solutions', says firm.
- BP to expand bunkering operations to Chinese ports
BP to start bunkering at Ningbo, Zhoushan, Shanghai, Lianyungang, Xiamen, Shenzhen, Yantian and Tianjin.
- Baltic Oil Terminals sees profits almost double
Firm records profit of $7.3 million for 2011- a 96% rise on 2010 results.