|SEPTEMBER 26, 2013|
- CKYH halves Asia-USEC service, sheds more sailings for Golden Week
- Schenker Rail whisks cargo from fire-stricken ship at London Gateway
- Hapag-Lloyd appoints Damco chief Rolf Habben-Jansen as new CEO
- Puget Sound's Seattle-Tacoma container volume falls 5.5pc in August
- Cosco exec's arrest on corruption charges sends chills through company
- SIA, Qantas, Air NZ face Australian court, charged with price collusion
- Malaysia AirAsia cargo executives suspended as price-fixing probed
- Singapore conference learns China shifts from one paradigm to another
- Global manufacturing growth edges higher in August: JPMorgan index
- Russia Customs become difficult, seeking to repeal easy transit deal
- DB Schenker Rail UK tests viability of switching Scotch from truck to train
- IMB: Piracy chased from Far East to Somalia, now to West Africa
- IATA downgrades global airline profitability by US$1 billion in 2013
- Turkish Cargo opens a new storage area at Ataturk International Airport
- Tianjin dry ports's 8-month container volume up 50pc to 180,000 TEU
|SEPTEMBER 25, 2013|
- Aegis Logistics facilitates record loading of motor spirit for HPCL at Pir Pau
- Bureau Veritas sharpens ice tools
- Handysizes earn big on growing Chinese log imports
- IMO passes rules on mandatory container weight verification
- Shipowners call for sustainable regulation on IMO World Maritime Day
- Two bids to move coal for NTPC s Bihar project
- ZIM renewing its special containers fleet
- BWNC meeting ends in deadlock
- Cabinet approves leasing of land for 5 port projects
- CCI begins investigation into IATA's cargo activities
- Suzuki to make India its export base for Swift
- Govt to boost investment through infra trust funds
- INR recovers on fresh dollar selling
|SEPTEMBER 26, 2013|
- New full-train offers to Ludwigshafen and Basel
- Shipping confidence holds firm
- Le Havre welcomes new Director of operations
- IAG "panda" plane arrives in Chengdu
- Krone to focus on Cool Liner Duoplex Steel
- Kögel's sales structure expanded
- Major order from Italy for German trailer manufacturer
- Emons takes over Logwin site in Kempten
- ICS challenges proposed new accounting standards
- Delta goes cold in Detroit
- Rohlig welcomes new affiliate manager
- BUAV urges airlines to stop primate transport
- Global Ports' half-year profits contract
- Kazakhstan temir zholy organizes shuttle transportation
- Dietrich Honold expands health care logistics in Romania
- Deutsche Bahn und Etihad Rail kurz vor der ersten Abfahrt
|SEPTEMBER 25, 2013|
- ASD to christen first large fishing vessel built in Alaska
- BAE Norfolk gets another $18.2 million for LHD 3 PMA
- Statoil awards contract for arctic drillship concept design
- Scania showcases Tier 3 16-liter V8
- Noble announces plan to split fleet
- Damen offers fuel saving drydocking package
- Maersk Drilling orders harsh environment jack-up at DSME
- Electric Boat gets $152.4 million more for Virginia work
|SEPTEMBER 25, 2013|
- German cruise guide editors name Seattle as top cruise port
- Coast Guard gets thumbs up to order new fast response cutters
- Construction work progressing on Port of Vancouver Gateway project
- Alaska Ship & Drydock to christen new longliner
- CSX taps Bob Frulla as Northern Region VP
|SEPTEMBER 25, 2013|
- A thought for World Maritime Day
The industry must work to make ocean transport development sustainable
- CSAV share offering hits its target
Carrier may call for a further capital increase
- Scorpio raises another $300m in Norway for eco bulkers
A second successful fundraiser leads Monaco owner to expect to clinch more berths
- Seanergy posts reduced second-quarter loss
Deal with final lending bank so far remains elusive
- Gibraltar pays to repatriate IMTC crew
Flag state meets its obligations under Maritime Labour Convention
- In praise of the UK
International Group lauds 'positive' response when it comes to major casualties
- ICS calls for cost/benefit analysis of green rules
Shipping must be sustainable, says Hinchliffe
- LNG carrier owners put on oversupply alert
Having 400 vessels trading and 100 on order at Asian yards drives down rates
- Capital Product extends charters for three BP tankers
Fleet is now fixed for an average of nine years
- London Gateway handles first rail freight shipment
DB Schenker transports boxes from fire-damaged Zim Rotterdam
- Workers strike at China Merchants port in Shenzhen
Shekou Port dry bulk terminal at centre of pay dispute
- Drop in bookings leads Carnival to warn of possible fourth-quarter loss
Cruise operator faces $810m Costa Concordia salvage bill
- Eimskip demands information about raids
Targeted carrier and trucker claim Iceland competition authority is withholding details
- Tsakos secures period deal for last VLCC
Millennium locked up for 18 months at rate reflecting changing prospects in crude sector
- Teekay buys second Awilco LNG carrier
US-listed firm hopes to secure long-term debt finance before delivery
|SEPTEMBER 25, 2013|
- TEN plots second preferred offering
NYSE-listed Tsakos Energy Navigation announced today that it will issue a new series of perpetual preferred shares, adding to a wave of such offerings this year
- Eimskip units seek access to raid data
EIMSKIP, the Icelandic shipping and logistics group, said today three of its companies are seeking access to data seized in dawn raids earlier this month
- Three resign as Seanergy losses continue
NASDAQ-listed Seanergy Maritime today reported more quarterly losses and announced three resignation
- CSAV hits $330M target
CHILEAN liner CSAV has completed its rights offering, with the Luksic Group further solidifying its grip
- Awilco LNG, Teekay agree on sale/leaseback
AWILCO LNG of Norway said today it had concluded a sale-leaseback deal with Teekay LNG Partners
- Rising asset prices deter Precious fleet expansion
PRECIOUS Shipping, Thailand's biggest bulker owner, will watch and wait before buying any more secondhand ships
- OSG reveals 2013-18 financial projections
BANKRUPT Overseas Shipholding Group has disclosed forecasts for its US-flag and international tanker divisions in an effort to speed restructuring
- Maersk Drilling books $650M rig at DSME
MAERSK Drilling has ordered a new ultra-harsh environment jack-up rig at Daewoo Shipbuilding & Marine Engineering
- Shanghai sea-rail transport rise sought
SHANGHAI Port Logistics today called on China's biggest port to raise sea-rail transit throughput nearer to international norms
- Robbery on VLCC foiled
A ROBBERY attempt by three armed men off an Indonesian anchorage has been foiled by crew members of the VLCC Armada Ali, ReCAAP ISC reported today
- Portsmouth suspects deny drug smuggling
TWO MEN have denied smuggling cocaine with street value of £5.2M ($8.1M) through Portsmouth harbour
- Hapag hires logistician to succeed CEO Behrendt
GERMAN liner Hapag-Lloyd has selected a top executive from the ocean freight-forwarding and logistics sector as its future CEO
- Carnival shares dumped
NYSE-listed stock of Carnival Corp fell today in extremely heavy trading after the cruise major confirmed continued weakness for its CCL brand
|SEPTEMBER 25, 2013|
- Miller, Former Kansas DOT Secretary, Tapped for STB
President Obama has nominated Deb Miller for a seat on the three-member U.S. Surface Transportation Board, which oversees the U.S. rail industry. The position still requires approval from the Senate. Miller would take the spot of Francis Mulvey, whose term expired. Notably, STB Chairman Daniel Elliott's term will also expire at...
- Truckload Carriers Steer for Higher Rates, Volumes
Slow but steady growth in freight-generating sectors of the economy is raising trucking executives' expectations for higher rates and increased shipment volume. Sixty-six percent of the truckload carriers surveyed by Transport Capital Partners in the third quarter said they expect rates to rise over the next 12 months. Carriers with more than...
- CTS: Europe's Containerized Exports to North America Hit High
Europe: Containerized exports to North America through June 2013 Full-size image Containerized exports from Europe to North America reached a high since the JOC began collecting this data in January 2011, according to data from Container Trades Statistics. European exports rose year-over-year to all regions, with the exception of exports to the...
- Walker Supply Chain Management Hires Laccona as COO
Giorgio Laccona (left), Walker SCM's new COO, with Emmett Walker (right), Walker SCM's CEO.Walker Supply Chain Management has hired Giorgio Laccona as chief operating officer and partner. In his new role at the transportation and logistics firm, Laccona, a 37-year industry veteran, will be responsible for the daily operations, lead procurement...
- US Peaches, Nectarines Allowed to Enter Australia
The U.S. Department of Agriculture's Animal and Plant Health Inspection Service has announced that peaches and nectarines from California and the Pacific Northwest are now allowed entry into all Australian states. "The first shipments of peaches and nectarines from California successfully landed in Australia, passed inspection and are on their way...
- Report: World Trade Increased 2.2 Percent in July
World trade volume index from July 2012 to July 2013. Full-size image Based on preliminary data, the volume of world trade increased2.2 percent month-over-month in July, following a 0.5 percent slip in June, according to latest World Trade Monitor report by CPB Netherlands Bureau for Economic Policy Analysis. Import and export volumes in...
- Canada's Rail Freight Traffic Slid 1.8 Percent in July
The Canadian railway industry carried 27.0 million metric tons of freight in July, a 1.8 percent year-over-year decline, according to Statistics Canada. Canada Rail Freight Traffic from July 2012 to July 2013. Full-size image The drop occurred despite a rise in traffic from the U.S., Canada's national statistical agency said in a...
- Boxer Says Scrap US Fuels Tax, Tax Oil at Refineries
WASHINGTON -The chair of a major U.S. Senate transportation committee wants to replace the federal fuels tax with a sales tax on oil at refineries, a move she says will provide a better way to boost construction of the nation's roads, bridges and highways and avoid the bankruptcy of the Highway...
- Airlines for America Congratulates Marion Blakey, Recipient of the 2013 Wright Brothers Memorial Trophy
WASHINGTON, September 24, 2013 - Airlines for America (A4A) the industry trade organization for the leading U.S. airlines, congratulated Marion Blakey, former Federal Aviation Administration (FAA) Administrator and current President and Chief Executive Officer of the Aerospace Industries Association (AIA), for receiving the 2013 Wright Brothers Memorial Trophy for significant public service of enduring value...
- ATA's Costello: Capacity Shortage Looms for Trucking
Economic growth remains sluggish, but those sectors that are doing well - housing, automobile sales, manufacturing and energy - are big generators of freight for motor carriers, according to Bob Costello, chief economist and vice president of the American Trucking Associations. If the U.S. can register two consecutive quarters of 3...
- Penske Logistics Names New Director for Mexico Expansion
Penske Logistics has appointed Michael Casidy to its newly created position of managing director of Mexico. In his new role, Casidy is responsible for leading and growing logistics business in Mexico. He will be based in Saltillo, Mexico, which will now function as the Mexico headquarters for Penske Logistics, the supply...
- First customer benefits from new 'Quick Docking/Fuel Saving' package at Damen Shiprepair & Conversion
Damen Shiprepair & Conversion has developed a new innovative product, the 'Quick Docking/Fuel Saving' package. This offers owners a fast and low-cost additional docking with the sole aim of reducing fuel consumption in between the five-year statutory survey period. The first vessel booked under the new concept has docked at Damen...
- Port Jersey Logistics Hires David Platt as Facility Manager
Monroe Township, NJ - Port Jersey Logistics, a leading third party logistics service provider, has hired David Platt to the position of Facility Manager. For PJL, Mr. Platt brings nearly two decades of facility management experience, during which he has accrued leadership experience in a broad range of transportation and...
- NYK-TDG Maritime Academy Graduates Its Class of 2013
On September 23, the NYK-TDG Maritime Academy (NTMA) held a graduation ceremony at its campus in Canlubang, Calamba City, which is in the suburbs of Manila. Enrolled in 2009, the graduating class of 106 students completed three years of basic classes and training courses using operational simulators and an engine plant, and one year...
- Heiligenstein to lead International Bridge, Tunnel and Turnpike Association
(Austin, Texas) - Mike Heiligenstein, Executive Director of the Central Texas Regional Mobility Authority, has been elected President of the International Bridge Tunnel and Turnpike Association (IBTTA), the worldwide association for the owners and operators of toll facilities and the businesses that serve them. The election took place at the IBTTA...
- Port Powers Full Speed Ahead Into The Social Media Era
CORPUS CHRISTI, TEXAS - From the very beginning of the social media phenomena, Port Corpus Christi recognized the importance of using this new medium to expand its marketing reach. Now the Port has ramped up efforts in it's strategy to make the customer experience the latest and most user-friendly of...
- Osaka Container Trade Rises
The number of foreign trade containers handled by the Port of Osaka in western Japan rose 1.8 percent in the first half of this year from a year earlier to 1.036 million 20-foot-equivalent units, according to preliminary figures released by the Osaka municipal government. In the January-June period, about 460,000 TEUs...
- Samskip Multimodal to Launch Netherlands-Norway Service
The short sea service will depart from Rotterdam on Tuesdays.On Sept. 30, Samskip Multimodal will launch a weekly short sea service from Rotterdam, the Netherlands, to Tananger, Bergen and Ålesund on the west coast of Norway, with the deployment of the 518-TEU vessel Pioneer Bay. Netherlands-Norway route. Full-size image The short sea service...
|SEPTEMBER 25, 2013|
- Excelerate logs STS tally
Houston-based Excelerate Energy has notched up its 500 ship-to-ship (STS) transfer of LNG.
- Clearout at Seanergy
Three top executives are stepping down at Seanergy Maritime Holdings after the Greek owner announced big second quarter losses.
- TEN lines up offering
Greece's Tsakos Energy Navigation (TEN) is to sell redeemable shares to fund potential ship acquisitions.
- Irving adds 140 workers
Canada's Irving Shipbuilding has announced two new repair contracts that will create 140 new jobs.
- Norden sounds dry hope
Norden is hopeful of catching an upturn in the larger bulker market as iron ore production increases come online.
- Seanergy loses less
Victor Restis-controlled Seanergy Maritime Holdings has chopped its net loss in the second quarter but remains deep in financial trouble.
- Norden nets funding
Norden has secured loans worth $109m to support its major newbuilding expansion plans.
- Harbor Star goes low
Harbor Star Shipping Services has priced its Manila IPO well below the top of its range.
- SMM's new yard joy
A newly opened shiprepair yard will see Sembcorp Marine almost double revenue from the segment within a couple of years.
- Six-pack for Sungdong
Korea's Sungdong Shipbuilding & Marine Engineering has clinched a big new contract to build eco-friendly MR tankers.
- India opens up
The Indian government has cleared the way for river ships to operate at sea in a bid to boost coastal trade.
- Overboard from Opera
A search has been called off for an MSC crewman thought to have jumped from his cruiseship off the UK.
- Eimskip fights ruling
Eimskip of Iceland is fighting a decision to keep it in the dark over a series of dawn raids by the country's competition authorities.
- Ridgebury backer in IPO
A private equity investor behind Ridgebury Tankers is looking to list its energy division in London in a move which brings former BP chief executive Lord Browne back to the capital markets.
- Aegean secures $1bn
Greece's Aegean Marine Petroleum Network has increased its syndicated borrowing deal to $1bn.
- Cash boost for Jadroplov
Croatia is ready to pump in more cash to state-owned bulker company Jadroplov.
- Paragon boosts offering
Greece's Paragon Shipping has increased the size of its share sale designed to fund bulker buys.
- SCI shelves yard plan
Shipping Corporation of India (SCI) has ditched its scheme to buy into a domestic shipyard.
- Maersk orders at Daewoo
Maersk Drilling has gone to South Korea for its latest jack-up order in what is likely to prove a blow for Singapore rig builders.
- Deiulemar bulker arrest
Bankrupt Italian shipowner Deiulemar has had one of its ships arrested by Singapore's admiralty sheriff.
- SALT raises $300m
Scorpio Bulkers has raised around $300m from a private placement in Oslo, the company has confirmed in a statement.
- BP extends CPLP trio
Capital Product Partners (CPLP) has extended the charters of three of its handysize product tankers to BP for up to three years.
- TGP back at Awilco
Teekay LNG Partners has agreed a second sale and lease-back deal with Awilco LNG for one of its LNG newbuildings.
- TEN ties-up VLCC
Tsakos Energy Navigation (TEN) has secured an eighteen month charter for one of its VLCC tankers.
|SEPTEMBER 25, 2013|
- Commentary: Avoiding self-defeating bid procurement
- Hanging in the balance
- Five feet more makes a difference
America has fallen behind the rest of the world's developed economies in truck productivity - a fact that's largely unknown - and shippers and consumers should care because they are bearing the brunt of this shortfall through higher shipping costs, increased congestion, heightened emissions, less safe highways, and a diminished competitive position relative to foreign manufacturers...
- Truck broker challenges
The number of new truck broker registrations has declined for seven consecutive months this year, after first showing a decline in September 2012, according to analysis of U.S. Federal Motor Carrier Safety Administration data by MyCarrierResources.com and Interstate Transport, a brokerage in St. Petersburg, Fla.
- House WRRDA bill dips into inland waterway issues
- Charleston Freight Station meets new conditions
- Cold train transload
- Not without navigable inland waterways
Neglect of the inland waterway system undermines the Midwest's ability to import and export heavy cargo, especially grain and oilseeds. Overlooking the importance of the inland waterway system is easy to do and may require a little imagination to understand...
- If the space fits
- Driver Shortage: Fact or fiction?
- CombineNet buy caps year of big deals
- Tubular logistics
The stainless steel tubing manufactured by the Finnish company Stalatube is used for a variety of applications, such as building structures and facades, machinery to manufacture food and pharmaceuticals, offshore oil rigs, bus frames, and even sculptures.
- Business case for TMS
- Not your father's Mexico
- Scrubbing away high cost fuel
- Upwardly mobile
- Steel and shipping
When the most recent round of TIGER grants was announced in September, Duluth Seaway Port Authority in Wisconsin received $10 million to increase general cargo handling capacity by improving the 28-acre Garfield Pier and connecting it to roads and railroads.
- Domestic cargo market variables
- Waterfront risk management
- Capturing trade facilitation's low-hanging fruit
International components and inputs are key links in the supply chain for U.S. manufacturers, and effective trade facilitation will increase a U.S. operation's manufacturing activities, as well as its ability to export, import and invest...
|SEPTEMBER 25, 2013|
- West coast ports see bunker sales fall year-on-year
Sales in July down by 36%.
- IFO prices climb in Fujairah
Little movement in Suez market.
- Change mooted in EU LNG bunkering proposal
There should be no investment in what might be underused facilities.
- Tight avails in Rotterdam
Quiet market in Hamburg.
- Bunker prices plummet in Russian port
Fuel oil prices drop by almost $100 pmt in a day.
- Fujairah bunker market 'needs more regulation'
'Five years back, ship engineers had no choice but to accept the quantity and quality of fuel they received.'
- LNG bunkers cheaper, study finds
Study reveals substantial savings.
- Bunker row being looked at 'in parallel' with EC border mission
Fact finding mission due in Gibraltar as tension with Spain continues.
- Bunker prices up at key Asian ports
Good avails in Asian ports.
- Engine developer expands into Asian shipping market
Scuderi Group to be exclusively represented by Sojitz Marine Engineering in South Korea and Japan.
- Honeywell forms LNG alliance
To serve growing demand for liquefied natural gas as a fuel for off-road applications, including marine sector.
- Russian icebreakers choose ABB propulsion systems
Integrated electrical and Azipod propulsion systems will 'maximise performance' of icebreakers, says ABB.
- Study: IMO regulations 'insensitive' to short sea shipping sector
Ballast water management, ECAs and EEDI conventions could be moving trade to rail and truck modes.
- Indian-owned vessel released from arrest
Desh Vaibhav has been released from arrest at Singapore on Saturday.