|JUNE 29, 2012|
- AADA reduces bunker surcharge to US$575/TEU, $1,150/FEU from July 28
- APL receives 2nd of six 10,000-TEUers from Daewoo after four from Hyundai
- Box Ships' eighth box ship delivered, goes on three-year charter to OOCL
- ILA US east coast longshoremen demand redundant men be kept on payroll
- Port Tangier becomes Maersk and CMA CGM hub for their transatlantic loops
- Cosco Pacific eyes privatised Greek port of Piraeus investment opportunity
- Zhanjiang to build 'dry-port' in under-developed City of Yongzhou
- Chongqing Grain Group plans to build US$345 million logistics park
- Ningxia's 5-month rail freight volume up 10.8pc to 20.7 million tonnes
- Chile's port of Valparaso opens tenders for second container terminal
- Hanjin slow to expand in Algeciras as high local labour costs help rivals
- Drewry, World Container Index study offers guide to index-linked contracts
- Threat to EU trucking looms after Russia cuts Polish transit permits
- CN chief calls on Ottawa to reject shipper demands for intrusive regulation
- Chinese air carriers report US$216 million collective net loss in May
- TIACA urges more governments to pursue mutual air security recognition
- SBS Worldwide leases pilot trucks to accelerate delivery, accent brand
|JUNE 28, 2012|
- Analysts sceptical of outlook for Capesizes as rates sink to 14-year low
- Bahri, Vela plan $ 1.3 bn merger of their fleets & operations
- Deepak Shetty is DGS (In-Charge)
- Indev Group honoured with Lenovo's Operational Excellence award
- Ship scrapping rates nosedive to June 2010 levels
- Shipping confidence rises for fourth successive quarter
- Steel imports soar 69 pc in April-May
- SAP looks at foraying into transport & logistics sector
- Industry pins hope on PM as service tax on rail freight takes effect from July 1
- INR recovers on PM's statement
- Oriental Bank prunes interest rate on export credit
|JUNE 28, 2012|
- Planzer Transport investing in Scania trucks
Switzerland's Planzer Transport took delivery of its first Scania unit, which sports a Euro 6 engine, at its Härkingen location early in 2012. The new Scania R440 LB 4x2's Euro 6 e...
- GTS improving Bologna-Rotterdam links
Italy's GTS group, which is headquartered in Bari, has improved its intermodal services between Interporto Bologna and the Cobelfret terminal in Rotterdam Botlek. It now offers fi...
- EUR 5 million available to Danish transporters to protect the environment
The Danish transport authority has recently started its third grants round for projects promoting energy-effective transport solutions. The application deadline is on 15 August. Tr...
- Egis acquires Aeroservice in Brazil
The Egis group, a French engineering entity that is involved in financing and operating roads and airports, recently finalised the acquisition of the Brazilian firm Aeroservice, wh...
- TNT Express transfers airfreight processes in Berlin
TNT Express transfers airfreight processes to Berlin Sch'nefeld TNT Express has transferred its regional airfreight processes to Berlin Schönefeld airport, which is right next to B...
- FlyUs opens Budapest branch office
FlyUs, a Dutch GSSA, has opened a branch office in the Hungarian capital Budapest, to cater for increasing demand from exporters there. FlyUs became the cargo GSSA for Air Asia, Ai...
- No guarantee for on-time opening of JadeWeserPort
The problems with Germany's new JadeWeserPort have not been solved. The second delivery of the largest post-panamax container gantries from ZPMC has arrived and the equipment is b...
- Honorary doctorate for Isolde Liebherr
Isolde Liebherr, vice-president of the board of Liebherr International, the parent company of the Liebherr group, was awarded an honorary law doctorate by the National University o...
- New weekly Weiss-Röhlig Shanghai-Santos groupage containers
The Weiss-Röhlig logistics joint venture has commenced a direct maritime link between Shanghai and Santos, collaborating with Hapag-Lloyd to this end. LCL consignments from Ningbo ...
- Kombiverkehr increases sales by 12%
The Frankfurt-based German company Kombiverkehr relieved the environment to a greater extent than ever before in the latest financial year, by shifting 972,600 truck consignments t...
- Leman improved sales and results in 2011
The Copenhagen-based Danish forwarding and logistics enterprise Leman Holding improved its sales in financial 2011 by 10% in comparison with the previous year, from DKK 1.13 billio...
- K+N and Corning Cable Systems strengthen Australian collaboration
Kuehne + Nagel Australia has signed a five-year contract with Corning Cable Systems Australia, a leading provider of fibre optic and copper product solutions for telecommunications...
- New president for port of Rouen
The board of the Grand Port Maritime de Rouen has elected Jean-Philippe Laillé as its new president. Laillé is well-known in the industry, having managed the independent warehouse...
|JUNE 28, 2012|
- Rigs set sail for the Arctic
- WSF reveals more details of proposed conversions to LNG...
- Saudi Aramco signs MOU to merge Vela VLCC fleet into Bahri
- Keppel O&M yards in U.S. and Azerbaijan book contracts worth...
|JUNE 28, 2012|
- Panama Canal Authority delays start of revised toll implementation
- Port of Seattle taps Starkey as top firefighter for 2011
- Johnson, Johnston and Landrieu named 2012 AOTOS award winners
- FESCO RO/RO service calling Port of Everett
- Port of Kalama announces hiring of two new employees
|JUNE 28, 2012|
- Celebrities unite in bid to foil Russian Arctic moves
Tensions rise as Rio summit renews anti-drilling sentiment
- Sovcomflot and Bourbon have no plans of drillships
Shipping firms will stick to what they know best, for now
- Japan unveils plans to invest in Russia LNG export plant
Latest deal sees co-operation with Russia
- Maersk Drilling turns 40
Many more happy returns with plans to double fleet by 2016
- Gas conference presses for efficiency
'Floating pipeline' concept makes LNG tonnage inefficient
- Relying on Japan is a risky business
What if LNG demand does not grow as expected?
- LNG Global Congress focuses on orderbook
Debate continues despite lack of consensus
- Greeks bearing ships
Future LNG vessel supply and demand hangs in the balance
- STX Dalian lands 10-boxship order
Order said to be from Zodiac will see vessels delivered from 2014
- Japanese plan for LNG security threatens Greek owners
Moves to control supply chain could freeze out foreign ships to boost Japan Inc
- Tourkolias takes the helm at NBG
Prominent ship financier to lead Greece's largest bank
- Austal USA boss quits amid speculation over shipyard
Sale of majority stake in Mobile River facility to General Dynamics is said to be linked with US Navy contracts
- Creditors agree to sell Sietas in parts
Individual companies have more appeal than en bloc sale
- Chartworld returns to Cosco yard for kamsarmaxes
Project picks up orders initially headed for SWS last year
- Brazil port congestion slows supramax fleet
Faster ship would aid charterers but demurrage renders speeding pointless
- German shipowners outraged as government slashes subsidies
Budget for 2013 halves state support for shipping
- UK shipping minister softens on low-SOx rules
Penning signals sulphur-emissions rethink
- Australia scales down its iron-ore export hopes
Government expects growth to slow as China cuts its imports
- Tonnage tax saves UK owners $1bn since 2000
Figures revealed in parliamentary question
- APM opens Asia headquarters in Singapore
Office for SE Asia and India frees Shanghai to focus on China and Japan
- Standard Chartered Private Equity invests in Karaikal
Pondicherry port will ease infrastructure bottlenecks
- Dalian buys stake in neighbouring port
Controlling stake in Changxing planned 'when conditions are ripe'
- Reaction to Vela-Bahri deal focuses on VLCC spot market
Concern from the market could well be that next time the Saudis need to fix a handful of vessels they will take tonnage available internally
- Swire Pacific Offshore orders up to 10 PSVs from USC
Singapore-based offshore player expanding fleet to meet buoyant demand
- Department of obstruction
ICTT will remain hamstrung until India relaxes its cabotage laws
- Hamburg and Bremerhaven urged to co-operate as well as compete
OECD study says Hamburg's decline after the global crisis has shown its vulnerability
- Financiers forecast shipping exodus for banks
Owners that cannot make payments face repossession, say experts
- New Concordia Maritime suezmax tanker named
Stena Supreme is tanker operator's fifth suezmax
- The price ain't right
Future Asian customers will reject top-dollar LNG prices
- Saudi Aramco to sell tanker unit to Bahri
Regulatory approval would make Bahri the fourth-largest owner of very large crude carriers
|JUNE 28, 2012|
- NAD says contract extension is worth $410M
NORTH Atlantic Drilling said today ExxonMobil intends to extend its charter of the semi-submersible drilling unit West Alpha
- Singapore chops Iran oil flow nearly 60%
CRUDE transported in June to Singapore from Iran was reported today to be running 58.7% below February's highs
- Liability, shortages becalm German wind sector
LIABILITY problems and capital shortages are stalling installation plans for Germany's offshore wind schemes, a Bremen conference has heard
- PCTC order pick-up hailed
A FLURRY of new orders for PCTCs is continuing, according to a shipping analyst
- DDW, Kuok form JV
DRYDOCKS World said today it has formed a venture with the Asian group Kuok to widen its presence in Southeast Asia
- TORM gets NASDAQ extension
TORM has obtained a 180-day extension to regain compliance with listing rules at NASDAQ
- Panama Canal delays toll hike
RESPONDING to customer complaints, the Panama Canal Authority (ACP) announced today that it will postpone implementation of new toll increases by three months
|JUNE 28, 2012|
- US Intermodal Traffic Up 4.8 Percent
Intermodal shipments on major U.S. railroads in the week ending June 23 rose 4.8 percent year-over-year and slipped 1.5 percent...
- AAPA Urges Action on TWIC Readers
The American Association of Port Authorities said delays in setting technical specifications for Transportation Worker Identification Credential card scanners could...
- Tacoma to Welcome Two New Services in August
The Port of Tacoma will receive two new container services in early August when the Mediterranean Pacific and the Oceania...
- South Carolina Legislature Allocates $300 Million to Deepen Charleston Harbor
The South Carolina Legislature allocated $300 million to fund the deepening Charleston's harbor in the amended state budget announced Thursday....
- What the Transport Bill Means for Shippers, Carriers
The final surface transportation bill, expected to pass Congress Friday, is full of victories and disappointments for shippers and freight...
- ILA, USMX Resume Contract Talks
The International Longshoremen's Association and United States Maritime Alliance have resumed negotiations on a contract covering 14,500 East and Gulf...
- Customs, GPA Sign Five-Year Agreement for Savannah Station
U.S. Customs and Border Protection signed a five-year contract with the Georgia Ports Authority to use newly renovated offices and...
- Foxconn Targets Indonesia for Super Factory
Electronics giant Foxconn plans to build a giant factory in Indonesia, and as a result, could employ as many as...
- Martinaire Charged With Hazmat Violations
Texas-based air cargo company Martinaire Aviation could receive a six-figure fine after being accused of noncompliance with hazardous cargo regulations....
- Truck Strike Slams South Korea Container Trade
A truck strike over working conditions in South Korea continued to paralyze import and export trade Thursday. Most ports...
- Airbus Considers Building Assembly Plant in Alabama
Airbus is weighing plans to build its first U.S. assembly plant in Alabama as the European aircraft manufacturer ratchets up...
- Asia-Europe Rates Slip Again
Average spot rates on the Asia-Europe trade slipped this week for the seventh week in a row, threatening to erode...
- Bill Introduced to Deepen Mississippi to 50 Feet
Congress may consider a bill to deepen the Mississippi River to 50 feet so that larger post-Panamax vessels transiting the...
- No Stowaways Found on Container Ship in Newark
An extensive search of a container ship at Newark, N.J., ended this morning without authorities finding any stowaways. The...
- APM Terminals to Open New Asia Headquarters
APM Terminals will open a new regional headquarters in Singapore in September to oversee its operations in Southeast Asia and...
- India OKs Kintetsu-Gati Joint Venture
Indian regulatory authorities cleared a joint venture between Japanese forwarder Kintetsu World Express and domestic logistics group Gati Ltd. ...
- LaHood Optimistic on Future of TIGER Grants for Ports (Video)
Transportation Secretary Ray LaHood discusses TIGER grants for transportation infrastructure. He was interviewed at Global Terminal in Bayonne, N.J., where...
- Panama Canal Postpones Proposed Toll Hikes
After reviewing objections raised by shipping lines to the toll increases it proposed in April, the Panama Canal Authority postponed...
- MSC to Boost Rates From Asia to South America
Mediterranean Shipping Co. will impose a general rate increase on shipments from Asia to the east coast of South America,...
|JUNE 28, 2012|
- Zim moves to reduce B/L forgery
Zim Line has introduced a new standard Bill of Lading (B/L) which it claims will significantly reduce forgery. The form, which is said to exceed current industry ...
- More horror for financially strapped shipowners
One of Germany's largest banks, Commerzbank, has decided to cease lending money to shipowners. Cash strapped ocean carriers have been told to look elsewhere for ...
- Yangtze River intermodal cargo to get boost from new terminal
The largest intermodal terminal on the Yangtze River, Chongqing Guoyuan, is expected to start a partial trial run by the end of 2012, according to the Yangtze River ...
- Hope as talks begin over union dispute at Portland
A labour dispute at the US port of Portland that has disrupted shipping traffic in the north-west Pacific for weeks entered a new phase this week, as peace talks ...
- Shipping confidence on the up - and look for the rise of the 'shanker'
Confidence levels in shipping increased in the three months to May, to reach their highest level since February 2011, according to the latest survey from shipping ...
- AgTC requests deadline extension for FMC export index NOI - and names its top carriers
The Agriculture Transportation Coalition (AgTC) has welcomed the Federal Maritime Commission (FMC) Notice of Inquiry (NOI0 into the possibility of launching a US ...
- Customs dispute affects Brazil's ports
Ocean carriers calling at Brazil's main ports are suffering delays to their services as a consequence of strikes and go-slows by the country's Customs officials ...
- Transpac PSS keeps up momentum
The strengthening in transpacific spot rates is holding fast following the implementation of the Peak Season Surcharge (PSS) according to Drewry's container ...
- APM T to set up new office in Singapore
The Hague-based APM Terminals (APM TI is to open a new office in Singapore in September. It will focus on managing the terminal operator's facilities and investments ...
|JUNE 28, 2012|
- 'Buy rumour, sell the news'
Tanker market on edge as EU points sanctions cannon at Iranian crude.
- Sietas close to sale
Struggling Hamburg group in talks with Lurssen and VeKa to offload yards.
- Pac Basin pounces
Looming loss has not dented the Hong Kong-listed owner's appetite for bulker buys.
- Atlantic plots order blitz
Norwegian owner plans four ERRVs to follow double PSV contract, report claims.
- Car carriers welcome
Arctic says four owners penning new ships is a good sign for the sector.
- Crewmen burned
Filipinos in hospital in Fujiarah after accident on Greek tanker Aris.
- Swire back for more
Singapore group orders up to 10 supply ships at Universal in Japan.
- Jinjiang orders quartet
Shanghai shipowner builds feeder fleet with deal at Jiangnan Shipyard.
- Cargoship salvage begins
USCG coordinating lightering of Jireh stuck off Mona Island, Puerto Rico.
- Seadrill into extra time
John Fredriksen-led driller scores $410m contract extension with ExxonMobil.
|JUNE 28, 2012|
- Logistics companies' margins remain thin
The revenues of the world's leading listed transport and logistics companies flattened in 2011, according to a new report by London-based researcher and consultant Transport Intelligence (Ti).
- APMT to open Singapore headquarters
- IT costs to rise under BYOD trend
- Maersk starts dedicated reefer Website
- OnRamp appoints new president
- Wheels elects directors
- MavenWire buys EII APAC for Oracle boost
- AgTC: More time to comment on FMC rate index proposal
AgTC Executive Director Peter Friedmann said in the letter that additional time is needed to survey his membership. The comment period is due to expire July 8, but the AgTC is requesting a postponement until Aug. 8.
- WTO takes on China's rare earth exports controls
- Congress nears compromise on transport bill
Congressional conferees are close to a deal on a two-year highway transportation bill that maintains current spending levels and institutes policy changes to speed up delivery of construction projects and consolidate transportation programs.
- Search of ship in Newark finds no stowaways
Government officials found no stowaways on a containership docked in Newark, N.J. The search was ordered after a Coast Guard boarding crew thought they heard a knocking sound from within a container during a routine inspection.
- Track-and-trace provision missing from pharma law
- Panama Canal defers toll hikes
- European groups ask for transport budget safeguards
|JUNE 28, 2012|
- Middle East bunker prices relatively steady
Durban IFO prices see small gains.
- Rotterdam prices firming
Bunker markets relatively stable.
- Volatile prices boost hedging
'We are experiencing an increasing demand for our knowledge and expertise,' says Global Risk Management.
- More pressure on Singapore players to cut Iranian imports
'Another round of calls was made..., the companies were receptive,' says Singapore source.
- 'Bunker island' project looks for new backers
'They should have a few more months to see how this pans out,' says analyst.
- Fuel oil stocks at 11-week high
Increase comes on the back of an increase in arbitrage cargoes from the Middle East, including Iran.
- Bunker prices climb in Singapore
Good avails in Asian ports.
- Debated part of ISO 8127:2010 addressed by CIMAC
A guide on how to manage residual fuels with poor ignition and combustion properties offers a new industry reference.
- SLPA to upgrade bunkering facilities at Colombo
Work on the projects will start before the end of next month and is expected to take 12 months.
- Canadian bunker supplier to start offering LSFO product
Marine Petrobulk plans to supply 1.00% LSFO product at Vancouver before August 1, 2012.
- US Navy Admiral: Biofuels clearly a factor in security
'I believe that it is important for us to continue to pursue these alternatives,' says US Admiral.
- Taiwan shipping firm expects to post profit for 2012
Lower bunker prices help Wan Hai's profitability in Q2 2012, says Vice President.