JAL Cargo applies for fuel surcharge revision Japan Airlines has applied to the Japanese transport ministry for a revision of its international cargo fuel surcharge for flights departing from Japan from October. The internatio...
Eritrean Airlines ends Frankfurt service Eritrean Airlines' service to Frankfurt, launched in spring (see ITJ Daily of 19 April 2012), has been cancelled with effect from today, 1 October. The carrier's weekly service bet...
Russia's most important airport ready for winter Moscow Domodedovo airport has invested RUB 350 million (EUR 8.6 million) in purchasing de-icing machines and equipment for cleaning the airfield. In the run-up to the winter, which...
Grup TCB consortium withdraws from Ennore terminal project The Spanish port operating group Grup TCB has announced that a consortium entitled Bay of Bengal Gateway Terminal - formed to design, construct and operate a container terminal in...
Vossloh awarded French high-speed railway contract The French tracklayer TSO and Eurovia Travaux Ferroviaires (ETF) have concluded a contract with Vossloh for fully-equipped switch systems as well as rail fastening systems for Fran...
Paul Arnold new head of airfreight at Woodland Global The Woodland Group has appointed Paul Arnold as the head of airfreight activities at Woodland Global. Arnold has been tasked with developing routes to North America and exploring o...
Drivers' reading and writing difficulties an issue in Denmark The share of Danish drivers with reading and writing problems is higher than among the overall population of Denmark. 10% of Danish drivers have problems with reading and writing, ...
FedEx Express and Nissan expanding cooperation FedEx Express and Nissan have expanded their collaborative testing of the 100% electric Nissan e-NV200 to new global markets. Nissan and FedEx Express engineers started working tog...
Brazil seeking rail network investors Brazil is seeking investors in joint ventures for the expansion of its national rail network. The government plans to construct twelve new national rail lines covering 10,000 km. T...
DSV acquires some AWT Cechofracht activities in Czechia DSV has signed an agreement for the acquisition of some of the activities of AWT Cechofracht in Czechia. The company has a strong position in the Czech forwarding and logistics mar...
Ceva Logistics launches UK-Dubai LCL services SCM and service provider Ceva Logistics has promised faster freight connections from the UK to Dubai through its new less-than-container load consolidation service. Ceva has launch...
DB Schenker award for Maja Piecyk The 2011 DB Schenker award goes to Dr Maja I. Piecyk from Scotland's Heriot-Watt University Edinburgh. Piecyk accepted the international logistics award for young scientists at a ...
Spotlight on ship valuation as Omega junior lenders launch new attack 'Super-priority administrative expense' claim brings new twist to Chapter 11 saga
Insurers push for box verification in wake of MSC Flaminia Vessel insured for $40m but value of damaged containers estimated at $50m
Singapore plans 65m teu megahub at Tuas City state to consolidate container operations on one site
Unigas orders three LPG/ethylene carriers Deal highlights segment's growing popularity
Unions halt Brittany Ferries strike Services resume tomorrow between the UK, France and Spain
Small owners undermine big outfits' efforts to push up VLGC market Rate falls follow concerns over very large gas carriers' long-term outlook
Off-balancesheet bonds offer new funding option for owners Deals securitise cashflows, says Norton Rose
Other banks could follow Lloyds half-price ship loan sale Oaktree's 50c-in-dollar deal sets low benchmark, say ship finance sources
Golar LNG Partners completes $227m bond issue in Oslo Funds earmarked to pay off loan from progenitor Golar LNG
Cargill leads multinational drive to reject inefficient chartered tonnage Giant shippers axe worst-performing vessels to green their supply chains and cut fuel bills
Demolition market remains subdued Breakers cherry picking best deals
Gwadar terminal to fall into Chinese hands China Harbour Engineering Co to switch from construction to hands-on box terminal operations
Ship officer qualifications 'should equate to university degree' InterManager president calls for better career paths
Differences in EU ports' fee regimes make no impact on waste delivery Analysis forms part of review of Brussels directive on port reception facilities
Madrid agrees new shipbuilding subsidies Move comes after European ban on earlier scheme
DSME secures $3bn drillship order from Transocean But South Korean giant withdraws from $1.1bn 2010 offshore vessels contract
Höegh LNG confirms order for fourth FSRU Unit build at HHI will be delivered in 2015
Long Beach welcomes largest boxship ever seen in US MSC Beatrice marks a step up for transpacific trades
IM Skaugen defends master's conduct after Indonesia ferry collision Salvage teams recover Norgas Cathinka's black box
MOL forecasts deeper loss for first-half 2012 Revised estimate reflects softening container demand and depressed dry bulk market
Oman Shipping takes over second VLOC Further three deliveries by year-end
Erck Rickmers is trimming HAMBURG shipowner Erck Rickmers is scaling down his KG placing activities amid the ongoing private investor slump
Asia/Europe carriers seek rate rises LINER companies plan to seek a rate increase of $500-510 per teu on Asia/Europe routes in November
Reefer rate rise alarms S African exporters SOUTH African exporters are lashing out against Maersk's plan to seek a reefer rate rise of $1,500 per feu, even as another major carrier joined the bandwagon
FOP to review strategy NORWAY'S FOP, the listed FPSO unit owner, said today it has ordered a review of its corporate strategy
Search abandoned for jumper A SEARCH was called off today for a man seen jumping overboard from Silja's ro-pax Galaxy at 0130
APM alters policy on funding shipping investments DENMARK'S APM was reported today to have ended its policy of plowing revenues from oil and gas production into shipping investments
Denmark's DSV buys regional freight unit Swift DANISH freight-forwarder DSV has signed an agreement to acquire Dubai-based Swift Freight Group
TT Club urges: weigh in on container reforms LONDON'S TT Club, the transport and logistics insurer, pushed today for accord on compulsory box weighing of containers
Inquiry in ferry-ship crash examines recorder AN INQUIRY in Singapore is today examining the voyage data recorder of an LPG carrier involved in a collision, the ship's manager said
LPG price hits 7-month high JAPAN, China and India imported more LPG in August as refinery outages boosted demand
Record low paid for modern Supramax NYK HAS sold a 2001-built Supramax, reportedly for $12.65M, setting a new low for a modern secondhand Supramax
Capesizes key bulker S&P SEVERAL Capesizes have been snapped up, with owners persuading buyers on prices
China's GSI warns of 3Q losses CHINA'S government-owned Guangzhou Shipyard International warned today it expects third-quarter losses
Vehicle Orders Seen Ignition for Manufacturing Growth U.S. manufacturing activity expanded in September for the first time in four months, the Institute for Supply Management reported Monday....
EU to Release Shipping Emissions Reduction Plan Next Year The European Union early next year will unveil a system aimed at reducing greenhouse emissions in the ocean shipping industry...
Index: China Export Orders Fall at Sharpest Rate Since 2009 A key manufacturing index shows Chinese export orders in September fell at their sharpest rate in 42 months, suggesting "manufacturing...
Vietnam's ITC Corp. Orders RTGs for New Port Vietnam's International Transportation and Trading Joint Stock Company has ordered four rubber-tire gantry cranes for its new port in Phu...
Negotiations Continue Between ILWU and Grain Handlers Facing a Sunday deadline, negotiators for the International Longshore and Warehouse Union and grain terminal operators in the Pacific Northwest...
APMT Mumbai Seeks Support From Labor Groups APM Terminals' management in India's Port of Nhava Sheva (Jawaharlal Nehru) has appealed to local trade union and political groups...
China's Trucking Sector Takes on New Life Chengdu, a city of 14 million people more than 1,000 miles from the ports of Shanghai or Shenzhen, is at...
Commentary: Putting a Stop to Re-Brokering Q: I've been reading in a lot of your columns lately about problems that seem to arise out of the...
Railroads Keep Up With the Rush The western railroads provide the vital intermodal link between the West Coast and the eastern half of the country for...
Diversions Tax West Coast Terminal Gate Operations The long-awaited surge in diverted cargo from East Coast ports to the West Coast finally arrived in September, but the...
Commentary: Railroads' Track to Profit Logistics companies may dominate the Top 50 Global Transportation and Logistics Companies, but when considering profit margins, railroads top the...
Commentary: The Privatization Panacea The United States faces serious challenges to its infrastructure, and has for years. The American Society of Civil Engineers long...
East Coast Ports Cultivating Food Exports The public investment flowing into East Coast terminal expansion and harbor deepening ahead of the Panama Canal expansion may be...
ILA Contract Extension a 90-Day Pain Reliever Shippers are relieved that a 90-day contract extension averted a threatened International Longshoremen's Association strike at the height of the...
Water Resources Development Bill Lifts Port Hopes The crafting of long-delayed federal legislation key to authorizing U.S. port projects features some familiar elements: a bipartisan Senate effort,...
US Puts SE Asia Trade Arena Front and Center When U.S. Trade Representative Ron Kirk traveled to Cambodia in August to meet with leaders of the Association of Southeast...
Asia's Economies Flourish Despite Turmoil Elsewhere At least one logistics manager at a major consumer goods supplier has little concern about the weak export demand from...
Carriers' Pricing Discipline Paying Off Ocean carriers in the Asia-to-U.S. trade lane, it seems, finally get it. Although pricing has been erratic throughout the year,...
China, From the Truck Cab Rachel Katz arrived in Chengdu in the fall of 2010 with experience as a student and teacher in China and...
China Beefing Up Container Rail Services Although China's passenger rail services dwarf those of the United States, its container rail connections dramatically lag its North American...
TT Club backs mandatory verification of container weights Following frustrating delays at an IMO session last week, the TT Club has urged all parties to redouble their efforts to formulate an acceptable global regulation ...
Yilport opens ICD Yilport has opened a landside depot that it hopes will improve productivity at its marine terminal while offering customers a wider range of value-added cargo processing ...
CEVA starts UK-UAE LCL service UK-based CEVA Logistics has launched a weekly less-than-container load (LCL) service between the UK and Dubai. The company said that all cargo for the new service ...
Tercat opens super-post-panamax gateway Terminal Catalunya (Tercat) has officially opened its new box-handling facility in the Spanish port of Barcelona. Called Barcelona Europe South Terminal (BEST), ...
Ships left stranded in Spanish storms Severe rain storms in southern Spain on Friday night deluged areas that just a month ago had been devastated by forest fires. Torrents of water burst river ...
MOL slashes half-year forecast Japanese carrier MOL has revised its consolidated outlook for the first half of FY2012 to incorporate greater net losses and a move from an expected operating profit ...
China's PMI ticks up, but hard landing still a threat With China closed for the Golden Week holidays, fresh data released by the National Bureau of Statistics shows a slight rise in its purchasing manager' index [PMI] ...
Krishnapatnam opens box terminal The Indian Bay of Bengal port of Krishnapatnam has officially opened its new container terminal. It will bring much needed additional box-handling capacity to the ...
SFI readies raid Ship Finance International appears to be moving forward with a plan to exploit declining asset values by pursuing acquisitions.
CPP stacks the shelf Evangelos Marinakis' Capital Product Partners (CPP) has paved a path for the sale of more than 12 million units controlled by investors that participated in a $140m debt reduction exercise earlier this year.
West African loadings rise Chinese loadings of West African crude oil are on track to hit a five month-high of nearly one million barrels per day in October, sources said Monday.
KG cargoship sets sail A multi-purpose cargoship that appears to have been caught in the collapse of a German KG (limited partnership) has finally changed hands following an auction in Gibraltar.
TK tanker preps for repairs A Teekay Tankers aframax that grounded in shallows off Estonia a week ago is getting ready to undergo repairs at a facility in Finland.
Power loss poses threat An increase in casualties related to sudden loss of power has prompted a warning from the UK P&I (protection-and-indemnity) Club.
Hao Han towed The gutted Chinese cargoship Hao Han has been towed into the port of Osaka, Japan.
Fresh face at Braemar Braemar Shipping Services has announced the imminent arrival of a new finance director.
Stick or twist? ICAP Shipping has revealed the freight rate beyond which VLCCs can earn more money by speeding up
China cops join probe The Chinese government is sending police officers to India to investigate the disappearance of the captain of the Ocean Gem.
FOP explores options Fred Oslo Production has launched a full scale strategic review of its business.
TIL talks IPO Dutch group Terminal Investment Limited (TIL) is in advanced talks on an initial public offering (IPO).
Georgia at it again Georgia has fined another cargo vessel for lowering its workboat without permission.
Suezmaxes fight for share Suezmax tankers are competing on traditional VLCC and aframax routes as owners seek employment for a rapidly expanding fleet.
Yujin losses widen Tanker owner Yujin International has seen losses grow over the first six months of 2012.
CSC in petchems venture Changjiang Shipping Group Phoenix (CSC Phoenix) is forming a new tanker joint venture with a top ten petrochemical producer in China.
MOL expects less Mitsui OSK Lines (MOL) has joined compatriot shipowner NYK in firing a profit warning.
Crewman burned in blast A Filipino seafarer has been taken from a Greek bulker after an explosion off Bermuda.
BG boosts Tokyo ties BG Group has teamed-up with the Japan Bank for International Cooperation (JBIC) in a bid to boost its supplies of LNG to the country.
Double grounding off Spain Two multipurpose cargoships have been forced aground by a storm off Valencia, Spain.
Condor helps Brittany Condor Ferries is to run more UK to France sailings on Brittany Ferries' behalf, as the French company's crew strike continues.
OW in Panama move OW Bunker, the Danish tanker owner and fuel supplier, is set to supply low sulphur fuel oil (LSFO) from Balboa in Panama.
Yard workers run riot Workers from Bangladesh's Western Marine Shipyard have been arrested over attacks on Buddhist and Hindu temples.
Hoegh in double swoop Hoegh LNG has made a double swoop in the LNG sector ordering new tonnage and taking over 100% control of a second ship.
Ezra seals Vietnam gig Ezra Holdings has won a subsea construction contract for work off Vietnam in a deal worth $47m, the company said Monday.
Black box removed Indonesian authorities have removed the black box from Norgas Carriers' 5,820-cbm gas carrier Norgas Cathinka (built 2009).
Mixed day for Daewoo Transocean has firmed up an order worth $3bn for four drillships at Daewoo Shipbuilding & Marine Engineering.
Southern Air seeks bankruptcy protection The U.S. cargo airline said it filed for protection under Chapter 11 of the federal bankruptcy laws, citing "economic challenges and extreme industry changes that have impacted the international freight market."
FedEx expands Priority Alert services
DSV acquisition boosts African/Mideast coverage The 3PL will obtain full ownership of Swift Freight in the UAE, China and India and initially a 33 percent share of ownership of the operation in Africa. DSV will assume full ownership of the African entities over time.
DB Schenker expands Russia service
Precision adds analytics across TMS
Spireon launches new fleet tracker
UPS survey finds high tech exporters bullish
Menlo CarbonNet carbon tracker
Long Beach receives biggest box ship in U.S. history
TT Club urges container weight regulation Peregrine Storrs-Fox, TT Club's risk management director, said "further delay in this modest legal change is frustrating, particularly since there was substantial consensus concerning acceptable ways to ensure that weight declarations are accurate."
PMSA applauds bill to tighten pilot regulations
Danger lurking in the deep Researchers warn unexploded bombs and other military ordnance in the Gulf of Mexico, as well as off the coasts of both the Atlantic and Pacific oceans, could now pose serious threats to shipping and oil and gas rigs in the Gulf.
Asian fuel oil arrivals set to dampen fuel oil market Fuel oil market to remain depressed as demand from China's small and medium sized refiners remains thin.
Greens disappointed by EU move But welcome decision to monitor GHG as 'prerequisite to further action'.
MEPC urged to steer clear of fruitless GHG debate IMO head and MEPC Chairman want resolution on capacity-building, technical assistance and transfer of technology.
Prices start the week soft in Fujairah With no clear pattern visible in other ports.
Prices lack direction in Europe Although there were some strong gains in Hamburg.
Bergen Bunkers adds trader While Bominflot hires development analyst.
EU to act next year on greenhouse gases Shipping industry moving 'too slowly' for Brussels.
High prices and slow-steaming make economic sense Big jump in rates required for ships to speed up.
Temporary power loss from switch to low sulphur fuel highlighted Insurer has evidence of power loss from fuel changeover.
Soft start to week for bunker prices Below average demand in Singapore and Tokyo Bay on Monday.
Millions lost to density 'shortlifting' in 2011 DNV Research & Innovation says evidence points to widespread over-reporting of density since the late 1980s.
Vopak, Shell, Greenergy complete Petroplus refinery acquisition Renamed Thames Oil Port refinery will be developed into an import terminal.
ISU voices 'serious concerns' over bunker removal clause Set to form a sub-committee to consider the proposal.
Singapore-listed group launches second bunker tanker Set to continue to build its expertise in the field, says CEO.
O.W. Bunker to supply low sulphur fuel in Balboa To meet rising demand from vessels transiting the ECA zones, says VP of physical division.
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