|JANUARY 29, 2013|
- MOL on-time performance suffers slight slip, in-house rating reveals
- China hits EU-US chemicals with anti-dumping duties in rising trade spat
- Fujian's seaport container throughput up 10.6pc to 10.73 million TEU
- Antwerp builds 500 x 68-metre lock on River Scheldt - world's biggest
- West African Pirates seize tanker, siphon off US$5 million in jet fuel
- Davos: Trade could rise 15pc with more infrastructure and fewer rules
- MOL to install containerised ballast treatment in ship's cargo hold
- Union Pacific profit up 7.8pc to US$1.04 billion, intermodal does well
- CSX to spend US$26 million on New Jersey-Albany Hudson River track
- Short circuiting signs revealed in first federal Dreamliner fire inquiry
- Volga-Dnepr Airlines flies 100 tons of mining equipment in Russia
- Germany's Leipzig Halle has stellar year for air freight volumes
|JANUARY 28, 2013|
- Asia-Europe spot rate falls 1.7 pc last week
- CMA CGM, CMHI sign agreement for sale & purchase of 49 pc of Terminal Link
- CSCL sees 2012 net profit after sale & leaseback of containers
- International shipping market likely to improve this year: Report
- KNOT in business relationship with Repsol Group
- L&T bags 447 cr. Coast Guard order
- Maersk Line reaches 2020 CO2 reduction target!
- Walmart announces launch of Phase 2 of Beichen Logistics Park Project
- Adani Ports net up 34 pc in Q3, 51 pc for nine months
- HAROPA Ports delegation currently in India to enhance Indo-European maritime trade
- Kandla Port celebrates 64th Republic Day in style
- Republic Day celebrated at Adani Group
- Shriniwas Mudgerikar is CONCORs new Chief General Manager, Western Region
- Forex reserves ease by $ 580.3 m to $ 295.67 bn
- INR turns weak on month-end dollar demand
|JANUARY 28, 2013|
- Gebrüder Weiss flies cable car to Mexico
The Austrian logistics service provider Gebrüder Weiss (GW) recently proved that it is especially adept at managing special transports when it was recently mandated by the engineer...
- RZD investing EUR 62 billion
JSC Russian Railways' investment volume rose to RUB 481.6 billion (EUR 12 billion) last year, an increase of more than 22% compared to 2011. RZD's total investments since 2004 have...
- Freightliner introduces high-visibility Truck-lite LED headlamps
Freightliner Trucks reported that the high-performance LED headlamps custom-engineered for the Freightliner Cascadia by Truck-Lite Co LLC are now available. The new headlamps will ...
- CSX ploughing money into rail tracks
CSX, one of the USA's leading transport companies and based in Jacksonville FL, worked with its customers to locate 105 new or expanded facilities on its eastern rail network ...
- SBS Worldwide signs agency agreement covering Switzerland
The supply chain solutions provider SBS Worldwide and the Swiss company Tibbett & Britten Unique have entered into an agency agreement which sees SBS Worldwide offering Tibbett...
- Ipsen Logistics opens new airfreight office in Malaysia
The Bremen (Germany)-based international transport and logistics service provider Ipsen Logistics has opened a new office at Kuala Lumpur airport in reaction to the promising busin...
- Sea Transport expands fleet
Iveco has won a major deal with UK's container transport specialist Sea Transport. Under the new deal, Iveco has supplied eight identical brand new Stralis Active Space Super3 trac...
- Qatar prepares for opening of new Doha airport in nine weeks
The State of Qatar is ready to welcome a new chapter in the country's aviation industry with preparations well underway for the 1 April 2013 first phase opening of the new Hamad in...
- MSC adds Rostov-on-Don to its network
The Geneva (Switzerland)-based enterprise Mediterranean Shipping Company (MSC) added a call at the Russian Black Sea port of Rostov-on-Don to its network at the beginning of the ye...
- Portugal's airfreight volume drops 4%
In December 2012, the ANA Group handled 4.2% less (-570 t) airfreight and mail in comparison to the same month in 2011. ANA comprises eight Portuguese airports, seven of which hand...
- Ethiopian Airlines changes services to Southern Africa
Starting yesterday (27 January), the East African carrier Ethiopian Airlines adjusted its services to Zimbabwe and Zambia. Three of the present seven weekly services Addis Ababa - ...
- New air traffic boss appointed at Prestwick
Nats, a UK provider of air traffic services and solutions, has appointed Alastair Muir as the new operations director at its control centre in Prestwick, Ayrshire (Scotland). He su...
- Time Matters expands Chinese network
Time Matters, an international specialist for urgent and complex logistics services, is expanding its network in China. From now on, customers will benefit from a significantly inc...
- Sales manager of Wtransnet France appointed
Wtransnet France chose Gregory Joubert as its new sales manager on 1 January. He replaced Anna Esteve, who had held this post since the Wtransnet subsidiary in France was created. ...
|JANUARY 28, 2013|
- Port of Tacoma sees gains in container numbers for 2012
- Port of Vancouver reports progress in Kinder-Morgan relocation project
- Evergreen Line to add new GTM feeder service
- Dredging project underway for Duwamis River sediment
- CSX Corp. plans expansion of Montreal intermodal terminal
|JANUARY 28, 2013|
- Why trust might help sulphur emission compliance
Lloyd's List's unique scrubber survey looks at the industry's real concerns
- Wärtsilä sees rise in sales for its integrated SOx-reduction system
Sales slowly rise as R&D investment reaches all-time high
- US houseboat ruling opens a Pandora's Box for owners
Lenders could target oil rigs and laid-up ships after Supreme Court redefines 'vessel'
- Question: when is a boat not a boat?
Supreme Court ruling on Lozman v City of Riviera Beach sparks mixed reactions
- Swire's sister act
Women who want a life at sea must learn not to limit themselves, says Hong Kong's first female master
- UK strengthens its ocean security response
MoD commissions studies into differences between pirate skiffs and fishing dhows
- Kranich predicts 2013 peak season for box trades as conditions stabilise
Hapag-Lloyd boss sees better times ahead after disappointing 2012
- D-day looms for US east coast ports
Deadline draws nearer for dock labour contract talks
- Nautilus holds first election for general secretary
Challenger slams Dickinson for pursuing 'irrelevant political causes'
- Tunisian Navigation launches Libya ro-ro service
North African governments seek closer ties in ports, energy and shipping
- Chinese yards face two-year order cliff
Only 70% of ships delivered on schedule, says Cansi
- No bloodshed
Egypt will deploy robust policing after protesters threaten to close the Suez Canal
- Nobu Su takes on Grand China in US appellate court
Rule B status at stake as Blue Whale pushes ahead with appeal
- Shell develops Savannah LNG plant
Energy major throws its weight behind US drive to ramp up exports
- CMA CGM retains calls at terminals sold to China Merchants
Twelve-year relationship agreement secures unnamed ports
- Brokers forecast rise in secondhand VLCC prices
Recent sales for more than $25m suggest an upturn in prices for older tonnage
- SOx it to us
Lloyd's List wants your views on looming emission regulations
- Tokyo MoU plans new inspection regime
Proposal to put high-risk tonnage under closer scrutiny takes a lead from Paris
- Koper presses on with dredging programme
All north Adriatic ports bar Trieste reported a drop in box throughput last year
- Egypt unrest threatens canal transits
Port Said, Suez and Ismailia under curfew as Morsi declares state of emergency
- Huarong withdraws lawsuits against Grand China Logistics
Lessor's bid to attach HNA Group aircraft and property ends with prompt settlement
- Shipping team escapes the brunt of Commerzbank's 6,000 job cuts - exclusive interview
Orderly run-down is critical in drive to cut exposure, says Otto
- Coscon tie-up
- Hurtigruten cuts its workforce by up to 30%
Norway group shakeup highlights struggling cruise and ferry market
- Brightoil secures waivers for interest ratio breaches
Fuel supplier and tanker owner averts risks of cross defaults
|JANUARY 28, 2013|
- West-to-East shift seen in tanker sector
CRUDE sector focus is shifting from the West to the East, with developing Asian economies fuelling demand growth, a broker predicted today
- Mermaid lands $40M deal
THORESEN Thai Agencies said its 57% owned subsidiary Mermaid Maritime has clinched a subsea project worth about $40M
- Barges hit bridge, sparking US spill
A SPILL response crew has contained an oil leak that followed a tank barge collision with a Mississippi River rail bridge, Fairplay was told today
- MPM sharpens offshore focus
MARCO Polo Marine of Singapore plans to increase its stress on the growing Indonesian oil and gas sector, CEO Sean Lee Yun Feng said
- Mercator warns of worse losses
MERCATOR Lines (Singapore) said the early termination of two timecharters would cause heavier losses than previously estimated
- Dole signals fleet renewal
US FRUIT shipper Dole is eyeing new tonnage after last week's progress on a transformative deal with Japan's Itochu Corp
- Adani profits gain 34%
ADANI Ports & Special Economic Zone's third quarter net profits rose 34% year on year to 4.15Bn rupees ($76M)
- Grounding sparks rescue
RESCUERS have saved 28 crew members in danger of being electrocuted in China
- India begins trial of 120 pirate suspects
INDIA has begun a trial of 120 suspected Somali pirates caught by the Indian navy
- Doubled drybulk fleet seen
THE GLOBAL drybulk fleet is on course to double in the seven years 2007-14, a shipbroker has warned
- $90,000/day Golar LNG target seen
GOLAR LNG is likely to obtain about $90,000 per day for its newbuildings on medium-term contracts, a shipping analyst has estimated
- Brightoil wins waivers
HONG KONG-listed bunkerer Brightoil has won waivers from its lenders, evading the possibility of cross defaults on certain loans
- Thai vehicle exports jump
THAILAND'S vehicle exports jumped 39.6% year on year to 1.03M units in 2012, the Federation of Thai Industries said today
- Box rates regress
THE RATE gain in long-haul box rates appears to be losing momentum, based on the latest Shanghai Containerised Freight Index figures
- Breakers turns cautious
HEAVY speculation by cash buyers for South Asia-bound ships has been proven to be a futile gamble, as they have failed to find breakers willing to pay a better price
|JANUARY 28, 2013|
- Port of New Orleans' Maritime Safety Operations Kick Off for Super Bowl
A team of federal, state and local law enforcement agencies began maritime safety and security operations on the lower Mississippi River today to support Super Bowl XLVII. Response boats, patrol vehicles and enforcement personnel from more than 16 law enforcement agencies will conduct maritime security operations in the downtown New Orleans...
- Forwarders See Slot Shortages as Unlikely Ahead of Chinese New Year
In the run-up to factory closures in China for Chinese New Year from February 10 liner utilization levels are increasing, but slot and equipment shortages are unlikely to materialize and lines have struggled to push through General Rate Increases, according to leading forwarders. "We do not see significant volume increases leading...
- EU to Implement Clearer Rules on Customs Handling of Pirated Goods
The Internal Market Committee members of the European Parliament have approved a deal with the European Council that gives customs officials at EU borders better tools and clearer rules to confiscate, store and destroy pirated or counterfeit goods. The new regulation on Customs Enforcement of Intellectual Property Rights aims to improve...
- Evergreen to Launch Greece-Turkey-Malta Feeder Service
Ocean carrier Evergreen Line will launch a feeder service linking Greece, Turkey and Malta at the end of January. The GTM service will connect to Evergreen Line's network via Greece's Port of Piraeus. The intra-Mediterranean route will be serviced by the 600 20-foot-equivalent unit vessel Kirsten. The first sailing is planned to...
- US Diesel Prices Rise for Second Straight Week
U.S. diesel prices rose for the second week straight, climbing 2.5 cents in the week ending Jan. 28. The average price, $3.927, is 7.7 cents higher than a year ago and up 1.6 cents from the beginning of the year, according to the Energy Information Administration. Prices rose across the country,...
- Port Jersey Logistics Names Hickey Operations Director
Al Hickey, Port Jersey Logistics' new director of operations. Third-party logistics provider Port Jersey Logistics has appointed Al Hickey as director of operations. In this role, Hickey will be responsible for identifying areas of operational growth and implementing process improvements and employee development programs for Port Jersey's warehouse division, Tyler Distribution Centers,...
- OOCL to Hike Trans-Atlantic Rates
Hong Kong-based Orient Overseas Container Line has announced a general rate increase on trans-Atlantic trade, effective March 1. The rate hike will be $300 per 20-foot container and $400 per 40- and 45-foot containers for westbound dry cargo on all routes from Europe to the U.S. and Canada....
- 'K' Line Improves Japan-Thailand Transit Times
Japanese carrier "K" Line will enhance its intra-Asia service with better transit times between Japan and Thailand. A total of seven vessels will be deployed by "K" Line and SITC Container Lines in two weekly intra-Asia loops. Starting Feb. 26, three 1,700 20-foot-equivalent unit vessels will be deployed for JABCO-1, and...
- STB Approves Trucker Chassis Pool
The Surface Transportation Board has granted its permission for motor carriers to use co-op pools to acquire and share intermodal chassis. The STB's regulatory clearance brings the North American Chassis Pool Cooperative a step closer to operation. The NACPC was formed last October as a cooperative for drayage carriers that want...
- Carriers Keeping Eyes on Europe
The Asia-Europe liner trades will dominate container shipping's strategic planning through 2013 as ocean carriers confront a nightmare mix of declining traffic, persistent overcapacity, high oil prices and the imminent arrival of the world's largest vessels. Many carriers returned to the black in 2012 from the bloodletting of 2011 largely because...
- Mission Control
James Welch knows a thing or two about business. So when the CEO of trucking operator YRC Worldwide and architect of the largest corporate turnaround in recent memory delivers a message like he did recently to his staff, shippers and carriers of all types should take notice. That message - "to...
- Typhon Launches Marine Convoy Escort Service
Typhon announced today it is launching its marine convoy escort service, effective immediately, according to Homeland Security Today. The maritime security service is being offered to ship operators transiting the Gulf of Aden, Arabian Sea and Indian Ocean. Close protection vessels shadow client vessels, using surveillance, detection and early warning capabilities to...
- Grupo Mexico Allocates $3.5 Billion for Investments
Grupo Mexico has allocated $3.5 billion for its investment budget in 2013, which will be presented for the approval of the board of directors. Of this total, $2.0 billion will be invested in the mining division, $1.0 billion in the infrastructure division and $500 million in the transportation division. The transportation...
- Hupac Intermodal Traffic Falls on Weak Economy
Swiss intermodal operator Hupac blamed a weak European economy, periodic closures of the trans-Alpine Gotthard tunnel and increased competition from trucks for traffic slumping 10.7 percent in 2012. The number of truck trailers and swap bodies fell to 646,214 units from 723,897 units in 2011. Traffic on trans-Alpine routes, Hupac's main...
- ILA-USMX Talks Reach Crucial Point
The International Longshoremen's Association and United States Maritime Alliance resume contract negotiations Tuesday amid the renewed possibility of a work stoppage at East and Gulf Coast ports. The latest ILA-USMX contract extension expires at 11:59 p.m., Feb. 6. The union and employers have held a series of federally mediated bargaining sessions...
- New Shipping Line Sets Sail in the Pacific
Sofrana Unilines has announced the launch of a new, independent shipping line, Greater Pacific Shipping, to service customers in the Pacific. GPS is a partnership between three regional carriers, including Sofrana Unilines, Pacific Direct Line and Swire Shipping, the liner shipping division of The China Navigation Co. Services will be offered between...
- Annual Review & Outlook 2013: M Power
Amid rampant globalization and the never-ending pursuit of low-cost labor, supply chain ecosystems have become elongated, complicated and frustrated with challenges arising from velocity, volatility and vulnerability. The most important impact for 2013 will be a renewed supply chain focus that will move beyond the traditional performance metrics of speed, cost...
- Annual Review & Outlook 2013: The Lambos Firm
In 2013, we can expect resurgence in federal legislative and rulemaking activity that was on hiatus during the presidential election. The country remains sharply divided on an approach to addressing the deficit and the future course of our nation. As we face the fiscal cliff, many of us are doing...
|JANUARY 28, 2013|
- CMA CGM sells 49% of Terminal Link to China Merchants
- Dangerous gaps in anti-piracy legislation must be filled, says Kallas
There is an urgent need to reduce dangerous gaps in legislation surrounding anti-piracy measures and it must be made clear where responsibility lies, according ...
- Cargo receivers must be accountable, say Cinsnet box lines
Container lines want cargo receivers to be held at least partly liable in the event of an incident involving shipments they have ordered.Reinhard Schwede, new president ...
- USEC container cliff in view again
Wednesday week [February 6] in theory marks the last day of the extended US east coast dock labour contract talks; it will coincide with one of the busiest periods ...
- Egypt crisis threat to canal transits
Egyptian President Mohamed Morsi has announced a 30-day state of emergency and night time curfew in the cities of Port Said, Suez and Ismailia after an escalation ...
- Clock ticks for China Cosco as it faces Shanghai delisting
China Cosco Holdings, the flagship unit of Cosco Group, expects to 'record a significant net loss' for 2012, which sets the company on track to receive a delisting ...
|JANUARY 28, 2013|
- Vernicos at it again
A leading Greek tug and salvage contractor appears to be closing in on the acquisition of two terminal tugs, TradeWinds has learned.
- TOTE converts twins
Totem Ocean Trailer Express (TOTE) has firmed up a deal with General Dynamics Nassco to convert two of its diesel electric ro-ros to LNG propulsion.
- Teenage wasteland?
Many owners have been encouraged to accelerate the pace of their fleet renewal programmes in response overcapacity, lacklustre freight rates and a spike in scrap prices but some may be turning on the torch too soon.
- ECA takes centre stage
The Export-Important Bank of China (China Exim) is poised to become an increasingly important source of capital for shipowners in the years to come, according to Nigel Thomas of Watson, Farley & Williams.
- Lauritzen clinches cash
J Lauritzen of Denmark has secured some of the cash it needs to fund the acquisition of three chemical carriers under construction in China.
- Soccer not ships
Saga Tankers has swapped its interest from ships to soccer, it emerged today.
- Evergreen in Med run
Taiwan's Evergreen Line is launching a new containership service in the eastern Mediterranean.
- Norden hits dry double
Norden has taken a couple of panamaxes on period deals to continue a rush of term business.
- Navios Partners cut
JP Morgan has dimmed its view of Navios Maritime Partners despite a strong fourth quarter showing.
- Neste swings jobs axe
Finnish tanker owner Neste Shipping is cutting up to 130 jobs in a bid to secure its future.
- Sudden spot spike
The North Sea spot market was given a massive boost today after two anchor handlers were fixed at up to NOK 1m ($181,000) per day apiece.
- Bulker's ice battle
Icy conditions have reportedly trapped a Korean bulker near the coastline of eastern Russia.
- Dole eyes renewal
US fruit group Dole is ready to invest in newbuildings to lower the age of its reefer fleet.
- New tune for Cosco Sing'
Cosco Corp (Singapore) has seen a potential $108m offshore contract come to life.
- Mercator in dredging deal
Mercator has picked up a near $40m contract for dredging work at a port in East India.
- Cosco sell-off ahead?
China Cosco Holdings could look to cash in some of its ships as it battles to get back into the black, analysts say.
- SNCF to hand over cash
The French ferry company that took on employees from collapsed SeaFrance has won a vital pay-out promised during its bankruptcy.
- Ugland orders bulk duo
Norway's JJ Ugland has returned to Japan's Tsuneishi group for two more supramax newbuildings.
- VLs take a beating
VLCC rates plunged by over 80% last week as oversupply and slowing US imports hurt an already weak market.
- Hurtigruten cuts back
Hurtigruten plans to let go over a quarter of its land-based Nordic workforce in an effort to cut costs.
- Eleven dead in Kenya
At least 11 people have been killed in Kenya after a truck lost control on a ferry ramp.
- Daewoo profit plunges
Daewoo Shipbuilding & Marine Engineering has posted an 82% fall in 2012 earnings as margins tightened.
- Five set free
Nigerian pirates have released a crew of five who were snatched from a tanker in December.
- Cosco braces for deeper red
China Cosco Holdings has braced investors for a loss of over $1.5bn in 2012.
- Three-to-one in 2012
Three bulk carriers were delivered for everyone sent for demolition in three of the four major segments last year.
- Amina back in Iran
A fugitive Iranian bulker has made it back home after fleeing arrest in Sri Lanka, according to ship-tracking data.
- Nanjing East inks duo
China's Nanjing East Star Shipbuilding has added two maintenance vessels to its orderbook.
- New line for Libya
Tunisian shipowner Compagnie Tunisienne de Navigation (CTN) is launching a new ro-ro run to Libya.
- China duo demo bound
Two more capesizes are said to be heading for demolition as the volume of such ships scrapped so far in 2013 tops 1mdwt.
- Tyne looks to biomass
The UK's Port of Tyne is looking to expand its wood pellet handling facilities as part of £180m ($283m) investment plans for the port.
- Brightoil wins waivers
Brightoil Petroleum has obtained waivers in principle related to a potential breach of a bank loan covenant.
|JANUARY 28, 2013|
- ILA, USMX to resume contract talks
Sources say little headway was made last week in talks between the union and New York Shipping Association where employers are attempting to bring costs and productivity more in line with other U.S. East and Gulf coast ports.
- New C-TPAT director has big 'to-do' list
Lauren Kaufer previously was acting director of U.S. Customs' personnel security division in the Office of Internal Affairs. She is a former civil litigation attorney and a graduate of CBP's Leadership Institute.
- Schiphol's e-freight initiative ends
- U.S., Japan enter new beef trade agreement
- WEF: Supply chain barriers more important than tariff barriers
- Transloading has ramifications for on-dock rail
- CSX to invest $2.3 billion, expands NE intermodal capacity
The railroad's investments reflect the profitability of the freight railroads and their desire to keep up with growing demand as the population, highway congestion, international trade and U.S. reindustrialization increase.
- COSCO issues profit warning for 2012
In a statement to the Hong Kong Stock Exchange, China COSCO Holdings Co. Ltd. warned that it expects "to record a significant net loss" for 2012, in contrast to its profit of 10.4 billion Chinese yuan renminbi ($1.7 billion) in 2011.
- J.B. Hunt plans aggressive 2013
- Wabash National expands portfolio
- Coyne Airways moves into Africa
- Volvo buys stake in Asian truck manufacturer
- Consultant extradited to U.S. for Ex-Im Bank fraud
- Executive moves
|JANUARY 28, 2013|
- Poor fuel economy for record-fast ferry
Company's fastest vessel uses almost three times as much fuel as its bigger high speed ferry.
- Prices soften in Fujairah
Tight avails in Fujairah.
- Prices soft in European markets
Quiet market in Hamburg.
- Pizarro to leave PMC
Deputy Commercial Manager was part of the team that founded the company.
- Bunker prices a factor in driving up rates
Hanjin Shipping set to raise rates on Asia, Europe and Trans-Pacific routes.
- Repeat order for emissions control products
Contract signed for a hybrid exhaust gas cleaning and SCR system.
- Fujairah pipeline 'undergoing final commissioning'
Pipeline will be handed over to ADNOC in the first quarter.
- Director leaves bunker company
Vladimir Brezhnev resigns from Rosneft Marine UK Ltd.
- Asian bunker prices show little movement
380 cSt bunker prices in Singapore up by $1 pmt.
- Bunker supplier's vessels arrested over unpaid wages
Troubled Onsys Energy 'still liable for wages'.
- Oil leak in Mississippi River
Section of the waterway has been closed.
- Analysts voice concerns over LNG as bunker fuel
Availability, costs of conversion and lack of facilities remain barriers.
- Shipping firms heed HK's proposed regulations
The firms have committed to continue using low-sulphur fuel while in Hong Kong waters.