|JANUARY 4, 2013|
- Maersk revives sailings on its Far East-North Europe AE9 service
- Carriers resume call at Dammam again after Ramadan congestion cleared
- Mainland-Taiwan rates must be filed with Shanghai Shipping Exchange
- China Merchants buys control of Djibouti's Red Sea container terminal
- APL launches Japan Straits 1 service to serve south east Asian ports
- Jebel Ali Port Terminal 2-3 expansion on track to open in 2013-2014
- Weifang port's first container shipping line launched as short-sea service
- Ex-ELAA boss Chris Bourne makes Queen's Honours List as MBE recipient
- Great White Fleet upgrades as Chiquita shifts from reefer ships to boxes
- Panama expansion half done after US$4.3 billion in contracts over 5 years
- DHL Global Forwarding launches 12 new shipping services from China
- Money-losing same-day shipping craze hits Amazon-fearing US retailers
- Aeroflot dumps GSSA Active, plans to go it alone with Internet sales
- Chongqing state body launches air cargo charter flights to Hong Kong
- Vietnamese jet fuel thieves sell cleaning burning aviation petrol
|JANUARY 3, 2013|
- Quick Take
- Adani Hazira Container Terminal commences paperless, online web transactions for terminal operations
- Jawaharlal Nehru Port, trade look forward to a better 2013
- JN Port handles 64.21 mt, 4.25 m TEUs in 2012
- Lukewarm response to KoPTs new tender for contractor at HDC
- INR turns weak on fresh dollar demand
|JANUARY 3, 2013|
- Emirates adds second B777-300ER to Glasgow
Dubai-based Emirates upgraded its second daily Glasgow (UK) flight from 1 January 2013 by adding a second daily Boeing B777-300ER to replace the Airbus A340-300. The move gives an ...
- Etihad increases Lahore Service
Etihad Airways, the United Arab Emirates' national airline based in Abu Dhabi, has boosted its services to Pakistan. From 2 January 2013, the airline began to operate four addition...
- Northeast Asian airlines extend services until 30 March
Eva Air has extended its Taipei - Bangkok (Thailand) service until the end of the winter 2012/13 season. From 1 January to 30 March 2013, the Taiwanese carrier is operating 15 week...
- Rhenus Office Systems scoops up Docu Care BV in Netherlands
The document logistics firm Rhenus Office Systems, a member of the German logistics company Rhenus, took over the Dutch firm Docu Care BV, headquartered in Sint Anthonis, on 1 Janu...
- NYK-Hinode Line and NYK Global Bulk to merge
NYK-Hinode Line Ltd and NYK Global Bulk Corporation (NGB), two key wholly owned subsidiary companies of the Japanese shipping company NYK, agreed to begin preparations to merge las...
- Two major contracts for Mercedes-Benz Lkw in Turkey
Mercedes-Benz Lkw has landed two major contracts in Turkey. One is from the long-standing Mersin-based client Kahramali Logistics that ordered 150 Mercedes-Benz Actros trucks to re...
- Russian Railways completes acquisition of 75% stake in Gefco
JSC Russian Railways has completed its acquisition of 75% of the shares of Gefco SA from the French car manufacturer PSA Peugeot Citroen. The deal cost a total of EUR 800 million. ...
- Court rules in favour of cleaner trucks in California
Nearly a million of old heavy-duty diesel vehicles running on roads in the US state of California must clean up their pollution, according to a district court ruling. The regulatio...
- InterRail positions itself in Caucasus
Switzerland-based InterRail Holding AG acquired a 50% shareholding in the rail service provider AzerRail in Baku (Azerbaijan) on 1 January 2013. The other 50% stake is held by the ...
- New operations manager for Combi Lift's Australia team
Combi Lift's team in Australia was strengthened by new operations manager, Eike Hemp, on 1 January. The Australian team already counts Micki Hellerup as project manager and Michael...
- BNSF Logistics acquires Albacor Shipping
After nearly a year of negotiations, the shareholders of the Albacor Shipping Group have decided to sell their business to BNSF Logistics and to become a part of the Berkshire Ha...
- Reshuffle at Etihad Cargo division
There have been several key appointments within Etihad Airways' cargo team. Robert Fordree has been promoted from senior network performance manager to head of cargo handling. Ford...
|JANUARY 3, 2013|
- Transocean agrees to pay $1.4 billion Deepwater Horizon...
- DFDS in RO/RO negotiations with P+S Werften
- Star Bulk lenders agree to deferment of payments
- Crowley makes VP appointment
|JANUARY 3, 2013|
- Evergreen Line christens new L-type container ship
- Port of Portland schedules PDX noise committee meeting
- Crowley taps Yacavone as petroleum team V.P.
- Boeing setting records with 2012 airplane orders
- New SOLAS lifeboat rules entered into force January 1
|JANUARY 3, 2013|
- Unhappy new year
Although many will tread water in 2013 others will join the corporate casualties
- Glimmers of hope for rates on key Asia-Europe box trades
Freight Forecaster reveals positive indicators but other lanes remain subdued
- Product tankers position themselves for growth in India-Europe trade
Fresh refinery closures in Europe will boost longhaul imports of diesel
- Chemtanker owner predicts mass scrapping in next four years
Older fleet phase-out will free space for new tankers, Gefo predicts
- DFDS in talks with P+S to complete ro-ro orders
Bankrupt shipbuilder hopes to fulfil contract for two freight ferries
- JadeWeserPort faces legal fight over vessel dues
Eurogate sues port authority over range of fees
- Stay out of shipping for now, says Mehrotra
Offshore investments are the only safe bet today, warns Foresight boss
- Star Bulk announces covenant waivers
Deal will free up cash and cut interest bill, says dry bulk operator
- Mexico's Tomza becomes a VLGC owner
Company joins others eyeing a bright 2014 for gas ships
- Thoresen Shipping opens Europe base
Parent company renews bid to raise capital from a rights offering
- South Korean shipbuilders set out their new year resolutions
Yards play it safe after missing 2012 targets
- Sweetheart price
Fincantieri buying a majority stake in profitable STX OSV carries a caveat
- Textainer continues box buy-up
Bermuda giant takes on 24,000 teu of managed dry freight containers
- Junior lenders target non-Chapter 11 assets in Omega Navigation case
Latest legal twist comes on eve of crucial hearing
|JANUARY 3, 2013|
- US tax deal lifts project cargo sector
WIND ENERGY tax credits included in legislation passed by Congress on 1 January to avoid the US 'fiscal cliff' will support project cargo imports for at least a year
- STX shipbuilding boss pays price by quitting
STX vice-chairman Lee Jong Chul has resigned from the South Korean conglomerate, less than a month after he was deployed to oversee its shipbuilding business
- Sanctions kill Iran's Asian LPG exports
SANCTIONS against Iran have wiped out LPG exports to Asia
- Nam Cheong incorporates two subsidiaries
MALAYSIA'S OSV builder Nam Cheong said it has incorporated two new wholly owned subsidiaries in Labuan, Malaysia
- Chaebols bid for KL
FIVE SOUTH Korean companies are bidding to take over compatriot Korea Line
- Bumi Armada lent $276M
MALAYSIA'S offshore player Bumi Armada Berhad said it has secured syndicated term loan of up to $276.4M for its jointly owned unit Armada D1
- Ezra sells unit in Norway
SINGAPORE-listed offshore player Ezra Holdings said it has disposed of all its shares in wholly owned Norwegian subsidiary Hinna Base for 62.2M krone ($11.2M) in cash
- Japan Marine United finally takes off
JAPAN Marine United, the much-heralded combination of Japanese shipbuilders Universal and IHI Marine, finally took off in the New Year
- VLCC demand rise can't nudge rates
DESPITE rising demand for crude shipments in mid-January, VLCC rates are remaining soft because of ample tonnage, brokers told Fairplay today
|JANUARY 3, 2013|
- United Airlines Launches First 787 Dreamliner International Route
Boeing 787 Dreamliner. United Airlines, the North American launch customer of the Boeing 787 Dreamliner, has received its sixth 787-8 and initiated its first international route from Los Angeles to Tokyo. The Los Angeles to Tokyo route will offer a daily flight, including a return flight, starting immediately. United Airlines will also...
- Port of Montreal Presents Gold-Headed Cane
Jean-Luc Bédard, Port of Montreal's harbour master and vice president of operations (left) with Captain Deepinder Singh of the Mississauga Express. (CNW Group/Montreal Port Authority) MONTREAL - Montreal Port Authority (MPA) President and CEO Sylvie Vachon officially inaugurated the start of a new year of activity at the Port of Montreal...
- Port of Montreal Welcomes First Ocean-Going Vessel of 2013
Mississauga Express. MONTREAL - By crossing the Port of Montreal's downstream limits at Sorel at 1:12, the Bermuda-flagged Mississauga Express became the first ocean-going vessel to reach the Port of Montreal without a stopover in 2013. The Mississauga Express, under the command of Captain Deepinder Singh, is a container-ship operated by shipping...
- Robert L. Johnson Acquires R. Thompson Trucking
Robert L. Johnson, founder and chairman of The RLJ Companies and chairman of RLJ Equity Partners, today announced the acquisition of regional trucking company R. Thompson Trucking, now RLJ Thompson Trucking, from Linx Capital Partners. RLJ will partner with President and CEO Richard L. Thompson and the rest of the senior...
- US Intermodal Rail Volume Nears Record in 2012
U.S. intermodal rail volume rose 3.2 percent year-over-year in 2012, marking the second most robust year since 2006, according to the Association of American Railroads. The 374,918 intermodal units handled last year was 14,885 units, or 0.1 percent, less than the high hit in 2006. Carload traffic in 2012 fell 3.1...
- Trimble Acquires ALK Technologies
California-based logistics technology company Trimble Navigation today acquired ALK Technologies, a privately owned Princeton, N.J.-based company that specializes in transportation tools. The addition of ALK is expected to extend and complement Trimble's Transportation and Logistics product portfolio and will be reported as part of Trimble's mobile solutions segment. Financial terms of...
- Radiant Logistics Acquires International Freight Systems
ichigan-based transportation company Radiant Logistics has acquired operating partner and freight forwarder International Freight Systems of Oregon, which has operated its air freight division under the company's Airgroup brand since 2007. The company structured the transaction with a portion of the expected purchase price payable in the subsequent periods based on...
- Evergreen Debuts Eighth L-Type Container Ship
Bronson Hsieh, second vice group chairman of Evergreen Group (third left); Sook-Je Lee, sponsor for the new ship's rope cutting (center) and the crew of Ever Leader. Taiwan-based Evergreen Group today held a naming ceremony for the Ever Leader, Evergreen Line's eighth L-type container ship, at the Samsung Heavy Industries shipyard. The...
- Hapag-Lloyd Launches Colombia-Haiti Service
Hapag-Lloyd has announced a new service to Cap Haitien, Haiti. The service will operate under a connecting carrier agreement with Frontier Line, offering a weekly connection with a transit time of four days from the Port of Cartagena, Colombia....
- PD Ports Launches New Operating System at Teesport
PD Ports launches Navis operating system. British port operator PD Ports has installed a new terminal operating system at Teesport's container terminal. The system was built by software development company Navis to streamline operations and improve services for customers. It covers wide span gantry crane operations and port-centric logistics activities. The system was...
- Jaxport Moves Forward on Intermodal Rail Terminal
The Port of Jacksonville recently spent $2.4 million for a 2.4-acre site that will become the home of a $30 million intermodal container rail terminal. The facility, which will connect to a CSX Transportation line, will allow shippers to move their containers from nearby terminals, particulary the adjacent TraPac terminal,...
- Buss Funds Sell 275,000 Containers Worth $410 Million
Buss funds sell 275,000 containers to Seaborne Intermodal. The two largest container funds of Buss Global, a collection of transportation equipment investment funds, have sold about 275,000 containers for approximately $410 million to Seaborne Intermodal, a subsidiary of Intermodal Holdings, which is an entity recently formed by U.S.-based private equity firm...
- Southeastern Freight Lines Promotes Reynolds to Safety Director Role
South Carolina-based less-than-truckload transportation company Southeastern Freight Lines today promoted Chris Reynolds from North Atlanta service center manager to director of safety and security. Reynolds has been with the company for more than 26 years, beginning as a management trainee. He will relocate to Columbia, S.C....
- Q&A: Your Best Backup Plan? A Good Database
Q: Are descriptions, National Motor Freight Classification item numbers and freight classes required on the bill of lading? We currently have less-than-truckload pricing in with a third-party logistics provider that is freight all kinds. We are moving to a new operating system, and our IT department is questioning the needs in...
- US Senate Confirms FAA Administrator, FMC Commissioner
The U.S. Senate has confirmed the nominations of Michael P. Huerta as administrator of the Federal Aviation Administration and William P. Doyle as commissioner of the Federal Maritime Commission. Huerta was confirmed for a five-year term as FAA administrator after the position had been vacant for more than a year, the...
- Con-way Freight Receives LTL Carrier of the Year Award From Ryder Supply Chain Services
ANN ARBOR, Mich. - Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of Con-way Inc. (NYSE: CNW), today announced it has been honored with an LTL Carrier of the Year award by the Ryder Supply Chain Services account team supporting a major high-tech manufacturing customer. Con-way Freight was recognized by...
- Southeastern Receives Brunswick Bowling 2012 Crown Club Supplier Award
LEXINGTON, S.C. -Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, was recognized with the 2012 Brunswick Bowling Crown Club Supplier Award for its outstanding service and support for innovation to Brunswick bowling products. Of the award's 10 recipients this year, including suppliers of raw materials, manufacturing...
- Apptricity Announces Smartfleet Mobility Solution for Vehicle-Based Businesses
DALLAS, - Apptricity, provider of the Jetstream suite of supply chain, e-procurement and financial productivity solutions, announced today the availability of Smartfleet, a transformative new way to deliver the competitive advantage of wireless work order, inventory and warehouse management to vehicle-based businesses. Smartfleet leverages Alcatel-Lucent's ng Connect Program to empower...
- Matt Yacavone Joins Crowley as Vice President of Sales and Chartering, Petroleum Services
Matt Yacavone, Crowley's new VP of sales and chartering for petroleum services. JACKSONVILLE, Fla. - Crowley Maritime Corporation announced today that Matt Yacavone has joined the company as vice president of sales and chartering for Crowley's petroleum services team. He will be domiciled in the company's Jacksonville headquarters and report to...
- DFDS, P+S Werften Continue Ro-Ro Negotiations
DFDS, a short-sea transportation company in North Europe, has confirmed that its negotiations with the German shipyard P+S Werften concerning the construction of two roll-on, roll-off ships are ongoing. The offered price of the two new ships is 84 million euros (about US$110 million). The contracts have yet to be finalized, but...
|JANUARY 3, 2013|
- Safety first at the CY
According to data provided by the freight transport insurer TT Club, 75% of the cost of injury claims in terminal facilities resulted from container yard [CY] equipment ...
- New agreement strengthens GAC's West African presence
Dubai-based GAC has signed a Global Network Agency (GNA) agreement for ports in Ghana, Togo and Benin with Oil and Marine Agencies (OMA) Ltd, effective from January ...
- ICTSI pulls out of Syria
Philippines-based International Container Terminal Services [ICTSI] has pulled out of its Tartous port operation in Syria due to the civil war in the Middle East ...
- Steady growth predicted for China
With China's manufacturing activity expanding for a third consecutive month in December, economists are expecting a continuation of the rebound in the world's second-largest ...
- No light at the end of the container tunnel?
For the container liner industry 2013 has started as 2012 finished: on shaky foundations.For example; cargo forecast predictions from Asia to Europe remain in a ...
- Seaspan poised to seal bumper Yang Ming contract
|JANUARY 3, 2013|
- DHT VLCC leaves TI
Tankers International has confirmed the departure of a DHT Holdings (DHT) crude carrier that traded with its VLCC pool while operating with Overseas Shipholding Group (OSG).
- Stage set for expansion
An increasingly prominent US commodities trader is gearing up for an expansion campaign following the completion a coup that saw a group of Wall Street heavyweights seize a majority stake.
- Daiichi in the crosshairs
A cargo complaint aimed at cash-strapped Japanese operator Daiichi Chuo Kisen Kaisha is starting to take shape in the Southern District of New York.
- Write-downs pose hazard
A new wave of write-downs may be on the horizon following a German financial regulator's call for continued scrutiny of shipping's leading lenders and their loan portfolios, according to analysts at ICAP Shipping.
- CPP named top pick
Wells Fargo Securities has crowned Capital Product Partners (CPP) of Greece and Norway's Seadrill Partners as two of its top stock picks for 2013.
- Attractive deal for Excel
Excel Maritime Carriers is tipped to have thrown one of its smallest bulkers on the scrap heap.
- BLT's final breather
A court in Indonesia has agreed to postpone Berlian Laju Tanker's (BLT's) PKPU hearing by another 75 days.
- Dry could surprise
Jefferies delivered a glimmer of hope for battered dry-cargo owners today suggesting the struggling market could offer up some surprises this year.
- P+S ships born again
DFDS is hopeful of securing delivery of two troubled newbuildings at P+S Werften.
- Star Bulk defers $24m
Financially squeezed dry cargo operator Star Bulk is to be allowed to defer payment of $24m this year and next following a deal with its banks.
- TTA in Euro advance
Thoresen Thai Agencies has raided Ultrabulk for a dry-cargo executive to lead its first European venture.
- China project hits snag
A plan to export iron ore from the new Forecariah mining project in West Africa has encountered problems with its transhipment system.
- Tipping point tagged
A turnaround on the global economy is set to take place this year, according to trade association BIMCO.
- Pay cut for NOCC
Norwegian Car Carriers has taken a pay cut to stretch out a charter contract with Hyundai Glovis.
- Oasis pain draws Turku cull
Hundreds of heads are to roll at STX Finland after it missed out on a $1.3bn cruisehip order from Royal Caribbean.
- Equinox files for judicial management
Accommodation and repair vessel operator Equinox Offshore has applied for judicial management in Singapore.
- Duo aim high
Anticipation of rising demand for offshore units has led the world's two largest shipbuilders to hike their order expectations for the year ahead.
- Conover jumps ship
Cruise industry veteran Pamela Conover is back at the helm of a luxury cruise line after joining SeaDream Yacht Club as its new chief executive officer.
- Pirates head for Hormuz
Somali pirates appear to have stepped up their attacks on shipping, with vessels heading for the Strait of Hormuz being their latest target.
- Seacor quits oil trading
Seacor Holdings is out of the crude oil trading game after selling Seacor Energy Inc, its energy trading division, to Houston-based Par Petroleum Corp.
|JANUARY 3, 2013|
- Beer logistics company acquired
- SSA could take over APL Terminal in Oakland
APL, the largest container carrier in Oakland, said last month it will move its operations in Oakland from GGCT to the adjacent Oakland International Container Terminal (OICT), berths 57-59, which is already operated by SSA Marine.
- Airlines poised for 2013 growth
Improving balance sheets, traffic in the second half of December that exceeded expectations, and currently stable fuel costs are all reasons to celebrate a strong airline industry in 2013, according to Dahlman Rose & Co.
- United Fresh names Wolk VP marketing
- Hapag-Lloyd resumes call at Lisbon
- Landstar-OOIDA case concludes
- Baltic Reefer, Seatrade form joint venture
- Railroads play major role in U.S. oil boom
- Ship managers fret over weak freight rates
- Radiant buys International Freight Systems
- Trimble acquires ALK in trucking IT deal
The trucking software provider Trimble said this week it has acquired privately-held ALK Technologies, a Princeton, N.J.-based developer of routing, mapping, mileage and navigation technologies.
- Long Beach to break ground on new bridge
The project, expected to take three years, will create the largest bridge in Southern California, spanning the navigation channel that separates facilities on Terminal Island and the neighboring Port of Los Angeles.
- Hapag-Lloyd to offer service to Cap Hatien
- Martin-Neuville named Geodis Wilson's COO
- Singapore forwarder expands handling capabilities
- Salvors board Shell rig
- Crowley names Yacavone VP petroleum sales
- Freeport appoints Strader CFO
|JANUARY 3, 2013|
- Stable market holds in Fujairah
Mixed outlook in South African ports.
- Mixed outlook for European prices
Gains mainly seen in southern Europe.
- New York ferry to run on LNG
Move will save cash and cut emissions.
- 'Supply overhang' to persist
Fuel oil arbitrage volumes to remain high for at least the next two months.
- Fuel oil stocks in Singapore keep falling
Distillates stocks also drop.
- Smuggled fuel sold in Middle East markets
Iranian authorities catch smuggling ring using fish trucks.
- Bunker prices in Asia end mixed
Prices higher in Singapore and Hong Kong, but lower in Busan.
- Aegean shares downgraded
Ratings lowered to 'underperform'.
- Risk management firm appoints two senior managers
Both with company since 2008.
- China imports 3% more fuel oil in December
Rise attributed to falling fuel oil prices in Singapore during November.
- Singapore sets bunker price record for 2012
Industry observers unsure if bunker prices will continue their climb this year.
- Men pleaded 'not guilty' for robbery attempt on bunker tanker
Eight Indonesians face maximum jail term of 20 years and caning if convicted.
- Chemoil completes sale of Singapore terminal
A month after shareholders approve the sale to Germany's Oiltanking.