Ships looking to anti-piracy measures beyond bullets Pirates may encounter a skunk-smelling water curtain or propeller-tangling ropes the next time they approach a US merchant ship. A warning to turn away may be accompanied by an ear-splitting squeal, if not rounds from an AK-47.
Yang Ming plans US$700m order of mega ships Taiwan's Yang Ming Marine Transport Corp plans to order five 'mega' containerships despite being hit by the global slowdown as it looks to keep up with rivals, media and an official said yesterday.
Japan nabs another Chinese fishing boat The Chinese skipper of a fishing boat has been arrested in waters off south-western Japan after fleeing the coast guard and being chased down, Japanese authorities said.
Basel logistics cluster officially inaugurated The Basel region logistics cluster project, which started two years ago with the publication of a study by the logistics chair of the University of St Gallen (Switzerland) was rece...
Toll Group appoints Grant Devonport as CFO The Toll Group, a leading Asian supplier of integrated logistics services, has appointed Grant Devonport, who has been acting chief financial officer since September, as its CFO. D...
DSV Air & Sea starts short sea services The global logistics services provider DSV Air & Sea, based in Br'ndby (Denmark), recently launched new coastal shipping services. DSV Short Sea offers links between all major ...
Port of Hamilton adds CAD 5.9 billion to Canadian economy Cargo shipments to and from the port of Hamilton (Canada) contribute CAD 5.9 billion to the Canadian economy and support 38,000 jobs in Ontario, according to a new study. The analy...
11% increase in C.H. Robinson revenue in Q3 C.H. Robinson Worldwide, a third-party logistics service provider based in Eden Prairie (USA), has reported its results for the third quarter, which ended on 30 September. Revenues...
Swiss Post opens logistics centre in Pratteln Swiss Post officially opened a new 16,000 sqm logistics centre in Pratteln near Basel (Switzerland) recently. Swiss Post previously had two warehouses in the region, in Muttenz and...
Railfreight volumes in CIS increase The railway network in Commonwealth of Independent States (CIS) shipped more than 1.5 billion t of freight in the first nine months of 2011, 4% more than the same period last year....
Singapore airport seeks to expand in Russia Changi Airports International (CAI), the Basic Element Group, which currently owns a number of airports in the Krasnodar region, and Sberbank Investments, have signed a memorandum ...
Fewer fatal heavy vehicle crashes in Australia 231 people died in 198 crashes involving heavy trucks or buses in Australia in the 12 months to the end of March, including 140 deaths in 120 crashes involving articulated trucks a...
DB Schenker Rail UK locomotives upgraded for HS1 DB Schenker Rail UK is to upgrade five class 92 locomotives for railfreight operations on the high speed 1 line (HS1), as it continues with plans to introduce regular services on B...
Daimler Trucks expanding production capacities Daimler Trucks expects to post significant growth in unit sales in 2011. The need to catch up in the European and Nafta markets is the main reason for the strong revival of demand ...
Europe Airpost launches Paris-Tunis airfreight link The French airfreight company Europe Airpost has launched a new scheduled service from Paris CDG to Tunis. Up to 15 t of airfreight can be taken on the twice-weekly route, which wi...
Southern Air and Centurion Cargo sign ACMI agreement Southern Air Holdings, a leading worldwide provider of ACMI outsourced aircraft, has signed a multi-year Boeing B747 ACMI agreement with Centurion Air Cargo, a Miami-based all-carg...
Goodwill impairment sends Horizon spinning to $127m loss Bolt from the blue is distinct from $105m-$110m to be written off separately in fourth quarter
Yildirim aims to be global ports player Company looks to add to portfolio outside native Turkey
UN Ro-Ro builds on Balkans war beginnings Company has grown rapidly since 1990s services bypassing war-torn region
Fast-growing Turkey boosts interest in shipping The rising importance of maritime trade to Turkey's economy is reflected in plans to create a ministry that incorporates shipping in its title
Call for international crane regulation Industry bodies club together to issue guidance
A global industry requires global rules The European Union must work with IMO to agree market-based measures
Watching Greece implode It is not Greek shipowners I feel most sorry for, but the local people who will now have to pick up the bill for a mess they did not create
Tata takes advantage of low prices by ordering dry bulk newbuildings Steel manufacturer's joint venture with NYK expands self-owned tonnage
Laskaridis takes over first Atlantic Wind units Doubts over finality of deal dispersed as Greek owner adds freezer ships to fish transportation operation
VLGC rates predicted to stay above $70 per tonne until the end of 2011 Prices set to be supported by healthy market fundamentals despite recent dips
Eid sees demolition sales activity settled in India amid weak sentiment Majority of ships now selling in the high $400s per ldt range in South Asia
Another partner quits BLG's marine team Jeb Clulow jumps ship following merger with Clyde & Co
EBRD backs Black Sea ballast water training Programme set up to increase awareness of ballast water convention
Inmarsat on track for Global Xpress launch Fifth-generation satellites set for 2013 start as maritime revenues remain flat
Is it time to think big on gas powered shipping? Shipowners should be learning lessons in the emission control area SOx debate and looking at net asset value when thinking about gas fuel
Eitzen US-Asia chemical trade fizzes in fourth quarter Chinese moves to build chemical stockpiles before New Year boost tanker demand
Appenship in insolvency proceedings Hamburg-based ship operator runs monthly liner service from Europe to Southeast Asia
Federal Maritime Commission to update rules Retrospective review is a result of President Barack Obama's executive order to federal agencies in January to ease the burden of US government rules
Greek buyers continue capesize buying spree Interest remains and prices hold at stable levels despite fall in charter rates
Nordic American and Frontline launch Orion Tankers suezmax pool Vessel partnership to debut as $8,000 a day spot rate sends Nordic American spinning to $22m loss
Asia-Europe container trade to be dragged down further by overcapacity Global freight rates down 12% last month but other routes benefit from capacity removal
NYK Group rumoured to be selling another VLCC in secondhand market Brokers report 1999-built Tokachi could be up for sale
Cheap substitute refrigerant could have led to reefer explosions Cambridge Refrigeration Technology tests found material corroded by a chlorinated compound
Royal Oasis Correction from Sanko Steamship
Turkey's economy is leaving EU countries behind Turkey's investment in ports and terminals is set to make it a major player
Action not talk of action The IMO has proved it can deal with climate change issues, not the overburdened UNFCCC
Ferguson Shipbuilders in the frame for Scottish hybrid propulsion ferries Vessels claimed to be the world's first seagoing ro-ro passenger hybrid ferries
Cosco confirms bulk carrier arrest Chinese state-owned company claims unnamed client fails to make freight payments
Noatum seals Bilbao alliance with SLP Deal consolidates existing links
UK minister flies to Dubai for talks over DP World's London Gateway Discussions on project's progress follows earlier visit by UK trade minister
Bank's 'hold' for Frontline 'really hurts' DEUTSCHE Bank analyst Justin Yagerman today cut Frontline to 'hold', admitting that he should have pulled his 'buy' recommendation earlier
Poles help pile price pressure on Gazprom PRICE pressure from shipborne LNG is continuing to plague Russia's Gazprom
Fairstar wins two lifelines FAIRSTAR Heavy Transport has reached two agreements to secure the Dutch company's future
Malta approves Freeport deal THE MALTESE government has today authorised CMA CGM to sell its half-share in Malta Freeport to Turkey's Yildirim
Cargo ship nearly sinks A PANAMA-flagged general cargo ship is being assisted to Subic Bay in the Philippines after the navies of three countries were called to help its crew this weekend
NAT switches pools SPOT tanker player Nordic American Tankers today reported widening losses in its latest quarter and unveiled a new pooling arrangement with Frontline
Thai floods alarm vehicle transport sector TOYOTA has suspended production of about 20 vehicle models in Japan because of supply chain disruption in flood-stricken Thailand, IHS Global Insight reported today
PGS launches $300M note PETROLEUM Geo-Services has launched a $300M senior note due in 2018
'Brisk' growth predicted for inter-Asia boxes ASIA'S shipping leaders have been told to expect "relatively brisk" intra-Asia trade growth, even while trans-Pacific business falls off
BBC adds trans-Atlantic liner service LEADING German breakbulk and project cargo carrier BBC Chartering said today it plans a new monthly Med/EC South America liner service
VLCC sentiment rising ASIAN refiners are returning to action this week and the number of VLCCs open for fixing in the Persian Gulf is thinning, sector analysts said today
Japan eyes Canadian coal A JAPAN-Hong Kong shipping partnership has resulted in a deal to transport up to 3.5M tonnes of coal from Canada to Japan
Dockwise sells yacht transport DOCKWISE, the Dutch heavy-lift vessel specialist has today agreed to sell its yacht transport unit DYT to Coby Enterprises in the US for an undisclosed cash sum
Eitzen Chemical cuts losses EITZEN Chemical cuts its net losses in 3Q11 relative to both the previous quarter and year on
Domestic Intermodal Surge Offsets Ocean Slump Domestic intermodal traffic spiked upward 6.3 percent in the third quarter, an industry group said, offsetting weaker marine container business...
ILA Files Labor Charge Against Yang Ming An International Longshoremen's Association local has accused Yang Ming (America) of engaging in an unfair labor practice by refusing to...
Freight Index Slides 9.9 Percent in October The Cass Freight Index for U.S. domestic shipments took a steep 9.9 percent dive in October from the month, cutting...
Federal Rail Board Seeks to Avoid Labor Shutdown President Obama's team trying to head off a nationwide rail strike or lockout offered new recommendations on contract terms, triggering...
Hub Logistics Unit Acquires Drayage Trucker Intermodal provider Hub Group said its Comtrak Logistics unit acquired assets of intermodal drayage trucker Challenge Transportation. Newark, N.J.-based...
LA-LB Clean-Truck Fee Phases Out at End of 2011 The Los Angeles-Long Beach clean-truck fee, a much maligned but effective tool for reducing pollution, will no longer be assessed...
UPS Projects Late 6 Percent Surge in Holiday Shipments Displaying confidence in U.S. consumers and e-commerce, UPS is hiring more seasonal workers and preparing for a 6 percent increase...
Shipments Spike 30 Percent at Echo Global Logistics A 30 percent increase in shipments pushed third-quarter gross revenue up 40 percent year-over-year to $159 million at Echo Global...
Transport, Logisitics M&A Activity Dips Mergers and acquisitions in the global transport and logistics sectors dipped slightly in the third quarter on fewer deals in...
Railcar Owners Place 1,378 More in Storage North American owners of freight railcars trucked 1,378 more into storage lots and track sidings during October, as traffic slowed...
Trailer Bridge Given One Week to Refinance Debt Trailer Bridge's lenders have given the domestic carrier until Nov. 14 to refinance its $82.5 million in bond debt. ...
XPO Logistics Sales Rise to $47.4 Million Profits tightened at XPO Logistics, formerly Express-1Expedited Solutions, as operating revenue rose 6.6 percent in the third quarter to $47.4...
Felixstowe Breaks Weekly Rail Traffic Record Felixstowe's container rail traffic hit a record 11,019 containers in a single week, as the UK's largest box port reaps...
Russia's Fesco Sees Container, Intermodal Traffic Soar Fesco reported strong gains in international ocean container traffic and intermodal shipments in the first nine months of the year,...
Economist Walter Kemmsies on Agricultural Exports in the Next Cycle (Video) Walter Kemmsies, chief economist at port consultancy Moffatt & Nichol, says global market changes are enhancing prospects for U.S. agricultural...
Drewry Global Rate Index Down 35 Percent This Year Global container freight rates fell for the fourth straight month in September and are down 35 percent in the last...
Horizon Loses $126.4 Million, Expects Stabilization Horizon Lines lost $126.5 million from continuing operations in the third quarter, compared with a $8.2 million net profit a...
Exporting a Path to Growth Something scary happened on Halloween this year. On that day, a child was born somewhere in the world who brought...
Japan's Kobe Sees Container Traffic Rise 5.4 Percent The Port of Kobe in western Japan saw container traffic rise 5.4 percent year-over-year in the first half of 2011,...
Slicing Into Management A new management style is becoming evident at YRC Worldwide and its long-haul subsidiary YRC, as new CEO James L....
Rogers Shifts Gears at YRC Less than two months after being named president of YRC, Jeff Rogers is cutting away layers of management and consolidating...
Going Postal The intermodal industry gathers next week in Atlanta for the Intermodal Expo, hosted by the Intermodal Association of North America....
No Playtime for Shipping No one's suggesting there will be nothing under Christmas trees this year, but container ship lines are finding little to...
Cutting Rates, Raising Efficiency Amid projections the shipping industry in 2012 will face another year of weak cargo growth and overcapacity, APL does not...
Seeking On-Dock Overhaul To port planner John Vickerman, the questions over the size of new vessels coming to U.S. marine terminals disregard the...
Vision Quest Over the past few weeks, I've had the opportunity to attend the National Association of Corporate Directors Annual Meeting in...
Bersin's Last Stand Alan D. Bersin's past year must seem like a blur: The commissioner of Customs and Border Protection is in a...
Should the HMT Rest in Peace? The Cape Cod Canal seemed like a promising private venture when it was built in 1914, but Boston-bound ships preferred...
Chennai is 'less-congested' but surcharge is still on After various interventions from the Chennai port authority, container operations at the southern Indian port are reported to be 'less-congested'; nonetheless the ...
GA suspends Asia/Europe service The Grand Alliance is to suspend its Loop D service between Asia and Northern Europe from this week (westbound) until further notice. The service is the smallest ...
Tanger-Med in turmoil Months of industrial disruption have finally taken their toll on the port complex of Tanger-Med, Morocco, with practically all transhipment cargo having been shifted ...
Freightliner and CMA CGM sign deal for Asda Freightliner and CMA CGM have extended their rail contract agreement to include traffic for the major UK retailer Asda from Southampton to Cleveland. Cleveland ...
APM T's Trenchard says people and ships will shape Mediterranean port development The changing demographics of the Mediterranean region plus the continual upsizing of ships by mainline operators will be the main factors influencing future port ...
Rena box salvage will be a slow process The removal of the 1,280 containers from the stricken boxship Rena stuck fast on the Astolabe Reef off the coast of Tauranga, New Zealand, will be a painstaking ...
Textainer enjoys healthy Q3 11 result A combination of high equipment utilisation levels, firm rates and the completion of a capital restructuring programme contributed to a very strong performance ...
Slow speed steaming courts further controversy
FMC sets December deadline for 'cargo diversion' inquiry comments The Federal Maritime Commission (FMC) in Washington has announced a December 22 deadline for interested parties to comment on its inquiry into 'factors that may ...
WTSA/TSA 'take to heart' FMC warning The Transpacific Stabilisation Agreement (TSA) and Westbound Transpacific Stabilisation Agreement (WTSA) have 'taken to heart' the Federal Maritime Commission (FMC) ...
Maersk using "fully automatic" twistlocks A system tested over eight years allows containers to be released by the vertical pull of cranes, eliminating time-consuming unlocking done by stevedores. Discharge begins as ships berth.
FMC Chairman tongue lashes carriers The two major carrier discussion agreements in the transpacific were called on the carpet last week by the chairman of the Federal Maritime Commission. Transcripts "shockingly tardy".
Exploding reefer contaminant may be methyl chloride Refrigeration experts believe they have discovered with "near certainty" the cause of several explosions in the cooling systems of refrigerated containers, explosions that have killed three workers worldwide.
Transpacific graveyard
Horizon reports $126 million loss in 3Q I may have an late add for this
Mandatory 'cold-ironing' could hit calls European port exploring tighter rules for cruise ships at berth.
Fujairah market firm MGO deliveries in Cape Town available for supply up to and including November 21.
IFO prices stable in Rotterdam Congestion reported in Gibraltar.
FTA warns against singling out UK ship emissions Anything but global measures could push business to 'less environmentally efficient countries'.
Iran repeats calls for larger bunker sector Official says country's private sector will provide the investment.
G20 leaders 'committed to success' of Durban climate talks Call for progress 'in all areas of negotiation', including ways to raise funds to fight climate change.
Modal shift 'doubtful' says EU official Studies on the impact of tougher sulphur limits offer different conclusions.
Consultancy launches ship emissions management programme Three-pronged approach designed to help measure, then reduce CO2 emissions and prepare for carbon trading and offsetting in the longer term.
IBIA to be 'more closely engaged' in LNG discussions 'The time has come' for the bunker industry to be involved in the development of gas powered ships.
Asian markets firm on Monday Enquiries mixed at key Asian bunker hubs on Monday.
Third tanker passes through Northern Sea Route Mar Adriana took seven days, at 12.5 knots, to complete voyage.
Salvors set to transfer oil from Rena's submerged tank Submerged tank holds around 358 mt of bunker fuel.
Chinese player starts bunkering operations at Dalian Rents total of 15,000 m3 storage capacity and 1,000 dwt barge to support operations.
Hanjin Shipping reports losses in Q3 To reduce bunker fuel cost through 'further reinforcement of eco-steaming.'
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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