Southeastern Freight Lines adds new service centres 28. September 2012 Southeastern Freight Lines, a leading US regional less-than-truckload (LTL) transport service, has opened two new service centres. The new hub in Lafayette LA will provide improved...
German rail industry seeking to renew diesel loco fleet The German railway industry association (Verband der Bahnindustrie in Deutschland VDB) wants to renew the 3,000 diesel locomotives working in Germany. The introduction of an envir...
Vietnam Airlines adding Ho Chi Minh-Bangkok links Vietnam Airlines is increasing its Ho Chi Minh-Bangkok services, bringing flights from 14 to 17 a week. A 16th service starts today, 28 September, and a 17th weekly link will begi...
Half of BBC Chartering's new heavylift fleet in service The German multipurpose and heavylift tonnage operator BBC Chartering has said that eleven of the 22 units in its heavylift newbuilding programme are now operational. In August th...
German transport firms interested in long trucks The initial evaluation of government trials with long trucks in Germany has shown that transport and forwarding enterprises are increasingly interested in such vehicles. The Germa...
Nick Jones to head Virgin Atlantic Cargo sales As part of its strategic initiative to strengthen the sales team Virgin Atlantic Cargo has appointed Nick Jones to the newly-created role of head of sales, based at UK headquarter...
Louisville airports key for Kentucky economy A University of Louisville survey has revealed that in 2011 the Bowman Field and Louisville international airports supported 64,135 jobs, meaning that more than 9% of the area's e...
MASkargo strengthening oil and gas industry operations MASkargo wants to harness more business in the oil and gas industry by expanding operations to the booming oil and gas hub of Labuan, a small island off the coast of the Malaysian...
Charles André group bids for Novatrans The Charles André group, a French transport company, wants to take over the French intermodal operator Novatrans, a subsidiary of SNCF Geodis. If the national competition authorit...
GLS opens new Bavarian depot The parcel service provider GLS has commenced operations in a new depot in Cham, near Regensburg (Germany). The centre has been set up to relieve GLS's Straubing location and incre...
Post NL acquires Valid Express in Netherlands The Dutch postal operator Post NL has acquired a small express company in the Netherlands that is strong in a niche providing jobs for ill and disabled people. Post NL said that Va...
30th anniversary for Karl Jachs Karl Jachs is set to celebrate the 30th anniversary of working for the Upper Austrian economic chamber on 30 September. He joined the chamber's department of economic policy and f...
Marcus Burmeister to head Euro-Leasing's sales and engineering The company MAN Truck & Bus is enlarging the management team of Euro-Leasing. Marcus Burmeister will be Euro-Leasing's new managing director for sales and engineering. Burmeis...
Last of top 13 class societies deserts Iran KOREAN Register of Shipping confirmed today that it has become the last of the top 13 classification societies to halt marine work in Iran
Bank predicts doubled Australian ore production AUSTRALIA'S iron ore exports could double from 488M tonnes in 2011 to 970M tonnes by 2017, with miners and ports ramping up production and shipping capacity, according to DNB Bank
VLGC rates dive on nerves and cargo reduction GROWING scarcity of LPG cargoes and traders' anticipation of SAUDI ARAMCO's October contract prices have resulted in falling VLGC rates this week
Singapore fee move to save $5.7M SHIPS docking at Singapore for five days or less today became exempt from maritime welfare fees
Another Rizzo Bottiglieri ship arrested ITALIAN shipowner Rizzo Bottiglieri De Carlini Armatori has had another of its ships arrested in Singapore
COSCO plans offshore yard at Guangdong COSCO (Guangdong) Shipyard said it plans to build an offshore facility at Dongguan, in Guangdong, southeastern China
MPM lists unit in Indonesia SINGAPORE'S Marco Polo Marine said it has proceeded with its planned listing of subsidiary PT Pelayaran Nasional Bina Buana Raya on Jakarta's stock exchange
Chinese cheer stirs Capesize fixing rush CHINESE holidays next week have sparked a rise in Capesize and Supramax rates
Supramax sector weakens SUPRAMAX rates in the Pacific are expected to weaken, with coal demand remaining soft in the approach of the weeklong Chinese National Day holidays next week
STX Dalian wins FSO order STX OFFSHORE & Shipbuilding told Fairplay today its Dalian yard will build an FSO for a North African customer
Growth Slows in Personal Consumption Spending The real personal consumption expenditure reading for August inched up 0.1 percent from July, the Bureau of Economic Analysis reported...
Traffic Fatalities Up 9 Percent in First Half An estimated 16,290 people died in traffic accidents in the first half of 2012, a 9 percent increase from the...
Nagoya's First Half Container Trade Rose 1.7 Percent The number of foreign trade containers handled by the Port of Nagoya in central Japan rose 1.7 percent in the...
Zim Names New CFO Container carrier Zim Integrated Shipping Services yesterday named Guy Eldar, 37, as its new chief financial officer. He will assume...
TT Club Urges Container Weight Verification The TT Club, a mutual insurance association, urged all participants at the International Maritime Organization's session on Dangerous Goods, Solid...
SCFI Comprehensive Reading Edges Down The Shanghai Containerized Freight Index comprehensive reading for Sept. 28 was down 1 percent or $13.20 from the week before,...
CN Tests Natural Gas-Powered Locomotives Canadian National Railway is testing two locomotives fueled primarily by natural gas in northern Alberta, a major step...
Celadon Trucking Buys Robinson Transport Assets Truckload carrier Celadon Trucking Services acquired some of the assets of Robinson Transport, a 200-truck motor carrier based in Columbus,...
NAFTA Surface Trade Rose 4.6 Percent in July Surface transportation trade between the U.S. and its North American Free Trade Agreement partners, Canada and Mexico, rose 4.6 percent...
Hapag-Lloyd IPO Not Likely Until 2014, Kuehne Says Hapag-Lloyd's planned initial public offering is unlikely to happen until 2014, one of the container line's largest shareholders told a...
US Intermodal Rail Shipments Inch Up 0.7 Percent U.S. intermodal rail shipments rose 0.7 percent year-over-year in the week ending Sept. 22, while carload traffic fell 4.1 percent...
Shipping Rate, Surcharge Update for Week of Sept. 24-28 Maersk Line plans to implement general rate increases on two major trade lanes, as part of a new rate restoration...
Logistics Drives Transport Growth The 50 largest transportation and third-party logistics operators worldwide increased revenue 8.4 percent in 2011 to $650.6 billion, an increase...
Commentary: Raising the TPM Curtain Last week, my JOC colleagues and I unveiled the agenda for the March 2-6, 2013, TPM conference in Long Beach....
Commentary: Steady As She Goes It appears ports, carriers and retailers can breathe a sigh of relief. Peak-season 2012 in the eastbound Pacific will turn...
BNSF Touts Proposed Southern California Intermodal Facility BNSF Railway's proposed Southern California International Gateway will eliminate 1.5 million truck trips a year between the ports of Los...
Asian Air Carriers Still Seeing Slow Demand There was no sign of a bounce back in cargo demand for Asian carriers in August, according to the latest...
Busan solves capacity issue with the opening of new facility South Korea's Busan port has said that its new BNCT container terminal has solved the problem of lack of capacity as it held an official opening ceremony for the ...
LA port updates rail yard plans The Port of Los Angeles (LA) has updated its plans for its Southern California International Gateway (SCIG) rail yard plan - including boosting the operation period ...
Panama Canal expansion five years on The USD5.25 billion expansion of the Panama Canal, which will enable 15,000TEU-class vessels to transit the waterway and double its capacity, was estimated to be ...
MSC Flaminia: discharge begins, but cause of blaze still unknown Today, 75 days after a mid-Atlantic explosion ripped into one of its cargo holds, the 6,750TEU MSC Flaminia has begun discharging its cargo at ...
BAL buys from Konecranes Bollore Africa Logistics (BAL), which is one of the largest operators of marine cargo-handling terminals in Africa, has placed orders with Konecranes, based in ...
Sighting of 'green shoots' in box charter market It is probably a blip and may have something to do with the Chinese Golden Week holiday starting tomorrow, but containership brokers have reported a slight uptick ...
'If the brave don't lead the meek won't follow' That is how Andy Connell, business unit manager of shipping and logistics of Dole Foods South Africa, described Maersk Line's decision to substantially ramp up ...
Tech torches another cape A Ukrainian shipowner owner appears to have sent another of its ageing capesize bulkers to the breakers.
Cape coup continues Transactions involving capesize bulkers kept the sale-and-purchase market on its toes in the final stretch of the week following reports that four modern units have changed hands.
Norden leads 'eco' debate There is more to the fuel efficiency debate than cost savings, according to the head of Norden's tanker department.
The clock is ticking More tanker companies are likely to go bust unless things pick up in the next six to 12 months, according to leading shipowners.
ICAP extends reach TradeWinds digests the digits making the headlines this week.
China in tanker spree A Chinese newspaper is reporting that a group of state owned shipping companies has placed a $4.5bn order for 50 VLCCs in a move to help domestic yards and increase China's energy security.
Crew saved off Japan Japanese coast guards have evacuated seafarers from a burning Chinese cargoship on Friday.
LSC stable The new CEO of Lithuanian Shipping Company (LSC) has admitted the owner faces difficulties.
Time for consolidation We take a look at what was said in the market over the past week.
Master goes missing The Chinese captain of a Hong Kong cargoship has disappeared off the Indian port of Krishnapatnam.
Acta taking four Dutch owner Acta Marine is chartering three tugs and ordering a new one from Damen Shipyards.
TK wraps up fundraiser Teekay Corporation has successfully concluded its bond sale on the Norwegian bond market.
Fire hits Greek ship A Greek cargoship has been damaged by fire off Africa, but the crew is safe.
GSI sounds alarm Guangzhou Shipyard International has braced investors for more bad news just a week after reporting that first half earnings had plunged by two thirds.
NYK heads for loss Japanese shipping giant NYK has torn up its six-month profit forecast as revenue proved lower than expected.
NAT denies shooting death Herbjorn Hansson of Nordic American Tankers (NAT) has denied reports that Russian guards on one of the company's tankers shot and killed a fisherman off Yemen after mistaking him for a pirate.
Stranded bulker held The abandoned bulker OSM Arena has been refloated and arrested at the port of Chennai, India.
BC blocks tanker growth Local politicians have rejected projects that would lead to an expansion of tanker traffic off the west coast of Canada.
Zhuhai on spree China's Zhuhai High Speed Ferry Co has taken big stakes in five cruise, ferry and bunker companies.
New fund targets offshore An investment advisory firm and a marine engineering company are teaming up to launch a new shipping fund.
Dolans defend Dolan Siblings of an APL executive cleared on weapons charges in Dubai claim an unflattering photograph that appeared in Fox News reports about the case is not their brother.
DNB trims LNG views DNB Markets has trimmed its earnings estimates and its share price targets for several LNG shipowners on weaker demand.
Atwood back at Daewoo Atwood Oceanics has returned to Daewoo Shipbuilding and Marine Engineering for a third ultra-deepwater drillship.
Brazil to kick out RIG Transocean has 30 days to quit working in Brazil under an injunction served by a federal court late Thursday.
Rancor among Long Beach harbor commissioners A dispute among harbor commissioners has broken out at the Port of Long Beach in recent weeks, with one commissioner firing accusations of favoritism at two of his colleagues over the port's future relocation of its headquarters.
CargoWise aims for rapid Mideast expansion CargoWise, which focuses on services for logistics service providers, will sell its ediEnterprise platform through ATMS in the region. ATMS has a regional office in Dubai as well as experience in many local markets.
Brunswick sees growth in ro/ro, biofuel cargo
Zim rationalizes Americas services
Venue changed for VPA privatization hearing
LA updates EIR for near-dock rail project
DAT onboarding hopes to expedite freight movement
Joining Technologies expands into supply chain
Celadon in deal with Robinson Transport
CN to power locomotives with natural gas
Crowley christens new ATB
Halifax port reaches out to Panama, China
Canadian rail shippers want reform Coalition wants legislation that "would allow more balanced commercial relationships between railways and shippers. This would include the right to a service agreement between a rail company and a customer," backed by a dispute settlement mechanism.
Marine insurance seminar to tackle variety of topics
U.S., India sign competition agency MOU Regulatory agencies of the two countries signed an antitrust memorandum of understanding on Thursday to promote increased cooperation and communication. The MOU does not change existing law in either country.
Global bunker prices remain flat throughout week Crude oil for October delivery rose 34 cents to close at $92.19/barrel on the New York Mercantile Exchange (NYMEX) on Friday.
Bunker market mixed as week ends Supplier tells Bunkerworld that demand was average on Friday.
Officials respond to local concerns over fuel storage facility in St Kitts The $680 million facility will be built by American Tank and Vessel in two phases, with each phase consisting of the construction of a six-million-barrel storage tank.
Hint of new tack to make progress in 'difficult' in GHG debate Head of Norway's MEPC delegation says maybe MBMs should be delayed and IMO focus on 'short term possible measures'.
Container lines forecast decline in earnings on rising fuel costs 'Rates have come down, costs have gone up, fuel has gone up - it's becoming a problem.'
Fujairah market closes week on firm note Fuel oil seen gaining up to $15 pmt in Middle East hub.
Markets firm across region Double-digit gains for both fuel oil and distillates this Friday.
ECA lubricant needs 'will diverge' in 2015 BP Marine says single lubricant solutions may not meet vessel needs in 'extreme' operating conditions.
Hong Kong looks to EU example on low sulphur Make low sulphur compulsory in Hong Kong port, writes South China Morning Post.
Bunker prices end week firm Office closures in Hong Kong and Busan next week due to public holidays.
Wrist Group launches new bunker trading firm Singapore-headquartered Dynamic Oil Trading goes back to 'roots of bunkering'.
Bunker tanker owner posts wider losses Regional tanker segment pulls Yujin deeper into the red even as its bunker tanker segment continues to hold up.
Russian terminal eyes higher fuel oil export Plans to export some 12.5 million mt of fuel oil in 2012.
Offshore firm takes delivery of second LNG-fuelled vessel 'Considerable saving' to use gas instead of gasoil at current prices, says Island Offshore.
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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