|JUNE 11, 2015|
- Global containership orders up 60pc in first half of 2015
- US west coast volumes near normal, but east coast fails to hold gains
- US west coast shippers will pay for chassis storage
- Overcapacity, cascading push Asia-Europe rates to dangerous lows
- Maersk's APM Terminals commits to Georgian port investment
- Tanker hijacked off Malaysia, crew held until oil cargo seized
- Mediterranean hosts 13pc of world shipping, Italian study finds
- Canada plans to increase reporting requirements for hazmat transport
- Westports on track to boost capacity 18.1pc to 13 million TEU in 2017
- BIMCO provides new data to members after takeover of KPI system
- US air cargo lines battle passenger carriers over Arab Open Sky freeze
- Singapore's CAAS brings aviation exhibition to Orchard Road
- Etihad Cargo joins WCA to offer new service to air shippers
- Ahmedabad airport customs seizes 99,900 smuggled cigarettes
|JUNE 10, 2015|
- ICCSA holds successful coastal shipping seminar in Delhi
- Swiftline Global Logistics celebrates successful first year
- Tata Motors exporting premium trucks to emerging markets
- Amsterdam port region welcomes growing cruise industry
- Kerala Cabinet to accept Adani bid for Vizhinjam ICTT project
- MoS considering alternatives to port corporatisation
- GST seen helping companies cut logistics costs
- SAARC sub-region countries to sign motor vehicle agreement
- INR gains further against dollar
- Reliance Power to set up power plant, floating LNG import terminal in Bangladesh
|JUNE 11, 2015|
- India: highways development project proceeding
- Port of Gothenburg wins communications award
- Iveco collars big order in UK
- Barcelona the number one in Emea
- SOL Continent Line expanding network
- New equipment for paper transport
- New Chicago-Pacific northwest intermodal service
- HHLA refits CTT with Liebherr cranes
- Stimulus for ports and terminals
- Major upgrade for Sydney's rail network
- Company stalwart to head up UPS Thailand
- Mahan Air branching out
- AA Cargo's new Dreamliner operating select routes
- UFO members networking
|JUNE 10, 2015|
- Bremerhaven cargo throughput sinks further
Bremerhaven/Bremen's cargo volumes continued their decline in the first four months of this year. The twin port's throughput across all commodities slipped by 5% year on year to 24.6 million tonnes, according to Bremen state government data. Bremerhaven/Bremen is Europe's largest vehicle hub and
- CCCC founds dredging group in Shanghai
China Communications Construction Corporation (CCCC) has set up a dredging group, the first of a series of planned spinoffs as it develops into a holdings company with subsidiaries across various sectors. Officially founded on 10 June in Shanghai, CCCC Dredging (Group) is registered in the Shanghai
- Row blows up over Taiwan wind farm vessels
A political row has broken out in Taiwan about approval given to two mainland Chinese ships to work on an offshore wind farm project in the Taiwan Strait. The country's Democratic Progressive Party (DPP) has accused approving authority, the Marine and Port Bureau (MPB), of flouting decisions made by the Legislative Yuan in 2014, undermining national security, and
- Indonesian police accuse Australia of paying people smugglers
Australian officials allegedly paid the crew of a people-smuggling boat en route to New Zealand to turn back to Indonesia, according to an Indonesian police chief. Hidayat, police chief on the island of Rote in eastern Indonesia, where the 65 people from Bangladesh, Sri Lanka, and Myanmar swam to
- Asian ship attacks increase 19% in May
Anti-piracy watchdog ReCAAP Information Sharing Centre has reported a 19% rise in reported incidents in Asia from April to May this year. Of the 20 incidents, two were categorised as 'acts of piracy' and 18 incidents were 'robbery onboard ship',
- China to tighten ship emission limits
China's Ministry of Environmental Protection (MEP) has released the second version of limits and measurement methods for marine engine standards for public consultation. The marine engine standards will be applied to inland vessels, coaster vessels, river-sea ships, as well as channel ships
- Tanjung Offshore wins $66.6m construction contract
Malaysian-listed oil and gas service provider Tanjung Offshore has secured a maintenance contract worth MYR250 million (USD66.6 million) from oil company, Petronas Carigali. The contract was signed by its wholly-owned subsidiary, Tanjung Offshore Services, and will involve the
- Crew saved as container ship sinks off Guangzhou, China
A Chinese feeder box ship has sunk off Guangzhou port this morning (10 June) with all crew rescued and safe. Xin Hong 328 sank around 04:50 local time when it passed Shajiao Anchorage of Guangzhou port, according to Xinhua News Agency, citing the Guangzhou
- XMH bags contracts worth over $17.1m
Singapore-listed diesel engine propulsion solutions provider XMH Holdings has secured new contracts worth over SGD23.1 million (USD17.1 million). One of the contracts was secured by Z-Power Automation (ZPA), in which XMH had acquired 80% equity stake back in March 2015. ZPA has bagged six new
- Shipowner cancels Handysize bulker order from Sainty Marine
Shenzhen-listed Sainty Marine's under-construction newbuild at Nantong Mingde Heavy Industry (NMHI) has been abandoned by its shipowner, because of Sainty Marine's failure to deliver the newbuild as scheduled. Algoma Central is the shipowner, according to IHS Maritime Sea-web.com. The newbuild - a
|JUNE 10, 2015|
- Container freight derivatives a solution to lower revenue from tumbling spot rates?
- Some turbulence for the operators as African air cargo suffers from oil price fall
- A wake-up call for industry as truck driver shortage reaches crisis point in the UK
|JUNE 10, 2015|
- Fifth former ST Marine exec faces corruption charges
- Stevens to research detection of invasive species in cargoes
- Navios completes 14 ship deal with HSH Nordbank
- Bore Song scrubber installation meets SECA requirements
|JUNE 10, 2015|
- Port Tracker report finds cargo volumes drop in April
- Senator Cantwell calls on DOE to work with composites industry
- BNSF Railway upgrading service to Pacific Northwest
- Port of Anacortes presents 2015 Port Partner Awards
- Alaska Airlines taps Kuhl as Information Technology VP
|JUNE 10, 2015|
- Piraeus privatisation opens legal can of worms
Cosco's plans for Piraeus could expose weaknesses in EU competition law
- Aronnax: Tanker operators risk detentions due to slow adoption of ecdis
UKHO warns of continued slow technology uptake and risks of ignoring other ecdis requirements
- Piraeus port chief quits over privatisation plans
Anomeritis among opponents of selling majority PPA stake at behest of Greece's creditors
- Security firm gets green light to board vessels off Ghana
Armed teams will now guide vessels into berth in Ghana, as piracy terrorises Gulf of Guinea
- Collapse in Russian imports spurs Maersk and MSC to cut Asia-Med capacity
Smaller ships to be introduced in response to sanctions' impact on cargo volumes
- New Odfjell boss given August 1 start date
Kristian Mørch joins chemical tanker company facing a tough year as recovery beckons but is not quite there yet
- Navios and HSH close 14-ship transaction
Bulkers and boxships are already being delivered to newly-formed Navios Europe (II)
- Big ship ordering spree pushes Maersk and MSC ahead of the pack
Top two carriers' operated capacity will reach some 3.3m teu by mid-2018, Alphaliner
- Almost half-way through the year and earnings are averaging $62,898 per day so far
Can anything halt the march of the VLCC?
- PSA expands into southwest China
Terminal operator joins forces with PIL and BGP to operate new box facility in Qinzhou City
- Crucial importance of Angola to VLCCs
Exclusive Lloyd's List Intelligence data on tonne-miles shows west African producer is punching way above its weight
- North-south specialist Hamburg Süd eyes east-west trades
Executive board chairman Ottmar Gast explains why the German line needs to diversify from a regional player into a global operator
- Hyundai Heavy Industries wins CMA CGM order for six 14,000 teu boxships
Vessels are expected for delivery in the next two years
- Scorpio Bulkers looks to share offer to support newbuilding payments
Issue of up to $200m new shares will tap investors to support financing the company's extensive orderbook
- Association of Average Adjusters to build on marine claims role
New chairman Paton to strengthen communications
|JUNE 10, 2015|
- Future TIGER grants in jeopardy after House cuts funding
WASHINGTON - U.S. freight infrastructure advocates are urging Congress not to let the TIGER grant program be reduced from a roar to a meow. The House on Tuesday approved a $55.3 billion appropriations bill that would reduce funding for the Transportation Investment Generating Economic Recovery program from $500 million to $100 million...
- US-flag maritime interests seek higher MSP payments
U.S.-flag interests are supporting a congressional effort to increase annual government payments for the 60 commercial ships covered under the Maritime Security Program. MSP subsidizes U.S.-flag operation of militarily useful ships in international commercial service, and helps narrow the cost differential with non-U.S.-flag ships. The program, established in 1996, recently was...
- Chiarello, Cox, McKenna to receive AOTOS awards
Chief executives of U.S. domestic carriers TOTE and Matson and of the Pacific Maritime Association have been named to receive this year's Admiral of the Ocean Sea Award from the United Seamen's Service. The AOTOS award will be presented Nov. 13 to Anthony Chiarello of TOTE, Matthew Cox of Matson and...
- US spot truckload rates shoot up during inspection 'blitz'
Where did all the trucks go? That question was on the mind of U.S. shippers last week as they scrambled to find trucks on the spot market and paid more to get them. A capacity "imbalance" sent spot market truck rates higher in the U.S. during the week that ended June...
- 3PL Sunset Transportation expands geographical reach
Sunset Transportation has opened a Bend, Oregon office and expanded operations at its Grand Haven, Michigan location, allowing the third-party logistics provider to expand its geographical reach. Bend, Oregon is one of the country's fastest growing cities, and has been the site of an expansion by trucking company Old Dominion Freight...
- US House passes spending bill with controversial trucking riders
WASHINGTON - The battle over longer trucks on U.S. highways and shorter work hours for truck drivers shifts to the Senate, after the House of Representatives narrowly passed an appropriations bill with riders affecting both driver hours of service and truck lengths. Representatives approved the bill funding the Departments of Transportation and Housing...
- Slide show: Top 10 US Importers, 2014
Retailers and their suppliers dominated the JOC's Top 100 U.S. Importers rankings again in 2014. Here's a quick look at the Top 10 Importers in U.S. foreign trade via ocean container transport. 1. Wal-Mart Stores Wal-Mart has thousands of retail stores in 50 states and Puerto Rico and operates in 27 countries outside...
- APMT clearing general cargo terminal backlog after strike ends
APM Terminals estimates it will take 7 to 10 days for operations to return to normal after striking stevedores returned to work Friday at the company's general cargo terminal in Callao, Peru. The three-week-long strike had been most damaging to grain and fertilizer imports, according to APMT. Truck drivers responsible for...
- Stevens receives DHS contract to detect invasive species
Stevens Institute of Technology researchers have received a $2-million contract from the Department of Homeland Security (DHS) Science and Technology Directorate (S&T) to improve detection of threats coming into the U.S. through container shipments. Shipments of containers to the U.S. that contain goods, including rice and other grains can be infested...
- Faster, more frequent intermodal services could allow BNSF to retake share
BNSF Railway is aiming to regain domestic intermodal volume lost to Union Pacific Railroad by introducing more and faster expedited services connecting Chicago and St. Paul, Minnesota, to the Pacific Northwest. Starting Sept. 14, BNSF will launch a daily expedited service for westbound shippers and a six-days-a-week service for eastbound traffic,...
- Cargo theft spikes in UK, Netherlands in first quarter
Criminals increasingly are taking aim at global supply chains, knowing that cargo crime is often unreported can offer greater reward for less risk than higher profile types of robbery. Reports from Europe and North America indicate cargo thieves are becoming more active, more savvy and more brazen. Despite some success by...
- Designers advancing plans for even bigger mega-ships
The next generation of mega-ships is already in the planning stages, despite hesitation from some of the world's largest shippers about their overall value and feasibility. Andrew Penfold, a project director at Ocean Shipping Consultants, said designs for ships able to transport more than 20,000 20-foot-equivalent units are progressing. He made...
- Kenco wins marketing award for media relations campaign
CHATTANOOGA, TENN.- Kenco-a leading provider of integrated logistics solutions, real estate services, and material handling equipment-was recently honored with an "Award of Excellence" for its effective 2014 media relations program. The program was supported by James Street Associates, Kenco's media relations agency. The award was given at the Transportation Marketing and Sales Association (TMSA) annual conference...
- India approves new deep-sea port
Indian authorities on Wednesday cleared the way for developing a big, new, container transshipment port at Vizhinjam, a deep-sea, green field site in the country's southern state of Kerala. The project had only one bidder, domestic port infrastructure developer Adani Ports and Special Economic Zone. The project is designed to be built...
- Lufthansa Cargo traffic dips, but outperforms rivals
LONDON - Lufthansa Cargo's traffic dipped 1.4 percent in May as it failed to fill additional capacity, but the German carrier continued to outperform its main European rivals. The all-cargo airline transported 138,000 tonnes (152 tons), taking its total for the first five months of the year to 672,000 tonnes, a...
- Ukraine to lower taxes, expand ports to counter falling container volume
ST PETERSBURG - Ukraine is unleashing a combo of lower taxes on tonnage and terminal expansion projects to counter plummeting container volume. Maritime container volume in the first four months of the year dropped 28 percent year-over-year to 171,980 twenty-foot-equivalent units, according to government statistics. That decline is largely due to...
- PSA inks deal to operate new south-west China port
The three executives after signing a JV (from left) S.S Teo, managing director, Pacific International Lines, Zhou Xiao Xi, chairman, Beibu Gulf Port Group, and Tan Chong Meng, group CEO, PSA International.HONG KONG - PSA International made its first foray into south-western China with the signing of a joint venture...
|JUNE 10, 2015|
- Evensen back on board
Teekay Corp chief executive Peter Evensen is back to having a board vote at spin-off Teekay Tankers.
- Bank chased for guarantees
A company that signed a doomed order for a handysize bulker at Nantong Mingde Heavy Industry has turned to the US courts in its hunt for a $26.3m refund from China's Bank of Communications.
- EMAS scores $30m deal
EMAS Offshore has secured a contract worth up to $30m, including options, to provide offshore vessels to an energy major in West Africa.
- FreeSeas in tanker move
FreeSeas of Greece has made good on its promise to expand into the tanker sector, in a move first reported by TradeWinds last week.
- ABG rises on buy talk
India's ABG Shipyard has seen its share price rise by as much as 17% due to market talk over a new investor.
- Morch arriving early
Kristian Morch is set to clock on as chief executive of Odfjell earlier than previously expected.
- AHTS market hits heights
Norwegian owners have secured the highest anchor-handler (AHTS) rates of the year in a tight North Sea spot market.
- Maersk scales down
Denmark's Maersk Line is reducing the capacity of its ships serving Asia to Mediterranean routes in line with demand.
- Anomeritis leaves OLP
Syriza's change of attitude towards the privatisation of Piraeus port has resulted in the resignation of Giorgos Anomeritis, president of the hub management authority (OLP).
- Navios seals HSH deal
Navios Maritime Holdings has completed an agreement with HSH Nordbank to take 14 ships from the lender.
- New ferry for Denmark
Denmark's Thyboron-Agger Ferry Service is looking to order a new ship.
- Shih Wei profit cut
Taiwanese bulker owner's bottom line hit by lower asset sales in first quarter, but operating earnings rise.
- Svitzer removes tugs
Svitzer has decided to take two contaminated tugs from the Australian port of Newcastle to Singapore.
- Great Harvest raising $20m
Hong Kong bulker owner Great Harvest is aiming to bank net proceeds of HDK 156m ($20.12m) from a stock sale to improve its finance base.
- SALT 'fully funded'
A $200m equity issue by Scorpio Bulkers is expected to complete the remedial work on the company's balance sheet, leading analysts believe.
- NTSB blames masters
US federal investigators have put the blame on both Kirby's and Cleopatra Shipping's masters over a collision that spilled 168,000 gallons of oil in the busy Houston Channel.
- HHI plots bond sale
Hyundai Heavy Industries (HHI) is lining up a bond issue worth as much as $300m.
- CMA CGM adds six more
French line CMA CGM has followed up April's ultra-large containership (ULC) order with a deal for six more large vessels.
- 3,500 sue OW Bunker
A group of 3,500 private investors are to sue bankrupt Danish fuel group OW Bunker.
- Hinkley succeeds Day
Sean Day has stepped down as chairman of the Teekay LNG Partners board but he will remain a director of the company.
- Titanic too
You wait 100 years for a replica of the Titanic and two come along at once.
- Six for Hongqiang
China's Jiangsu Hongqiang Marine Heavy Industry has won a new order for six mini-bulkers.
- Polarcus wins seismic deal
Dubai's Polarcus has won a seismic ship charter from TGS-NOPEC Geophysical.
- Swiber redeems bond
Swiber Holdings has redeemed in full its SGD95m ($70m) 6.25% three-year bond that was due to mature on Monday.
- More problems at Sainty
China's Sainty Marine has suffered a further contract cancellation, the Shenzhen-listed shipbuilder has disclosed.
- SALT shares nosedive
Investors have reacted negatively to Scorpio Bulkers latest cash call with the US-listed stock significantly Tuesday.
- SALT's surprise cash call
Scorpio Bulkers has taken industry observers by surprise with a plan to raise funds from the sale of its already depressed shares.
- Bumi Armada's top gun
Malaysia's Bumi Armada has pulled of a minor coup with the latest recruitment to its board of directors.
|JUNE 10, 2015|
- Gray chassis pool in Port of NY/NJ to start this fall
- Containership orders surge in first half of 2015
- Import cargo volumes return to normal levels
- GT Nexus starts new supplier funding program
- MSC, Maersk announce plans to 'optimize' Asia-Europe services
- Matchback system launched in Benelux region
- BNSF to add faster intermodal service on northern corridor
- Great Lakes' limestone shipments rise in May
- PSA enters Guangxi-Beibu container terminal venture
- Oakley Transportation Group opens new terminal locations
- Economist P. Bingham joins EDR Group
- Sunset Transportation expands operations
- Executive Moves: Port of San Diego and Globe Express Services
- National Academies releases U.S. freight rail regulations report
|JUNE 10, 2015|
- First Teekay MEGI-powered LNG vessel launched
Firm says the vessel is 'the most efficient LNG ship on the water'.
- Vopak sells Swedish assets
In line with previously announced programme.
- Investigation blames tugboat captain for bunker spill collision
Report highlights tugboat captain's decision to try to beat a cargo ship into the Houston Ship Channel.
- New supplier for UAE
Will start with deliveries of marine gasoil by truck.
- South African ports not helping bunkering, says commentator
Non-priority berthing makes growth difficult.
- Container lines: 'Fear now the dominant emotion'
Container lines have squandered the benefits of lower bunker prices.
- India may finally be ready to ratify Bunker Convention
India's Cabinet approves moves to sign up to bunker spill convention.
- OW investors gear up for legal action
Deficient prospectus forms basis for lawsuits.
- Newbuildings fail to meet fuel efficiency standards
Company in potential dispute with Chinese shipbuilder.
- Bunker trader back at Dan-Bunkering
Elena Hauser returns to trading department in Middelfart.
- Singapore promotion at Glander International
Dowell Lin moves into senior position.
- Singapore: Record volumes of fuel oil traded
Total volume of fuel oil more than combined amount in earlier two months.
- ReCAAP: Piracy incidents up in May
Fuel siphoning incidents 'of concern'.
- Fujairah issues STS bunkering rules
Port lists conditions for re-fuelling at its offshore anchorage.
- BIMCO tightens up charterparty bunker clause
Low-sulphur fuel compatibility and non-availability key issues.