VTG receives EBA's maintenance management certification The Hamburg-based wagon hire and rail logistics company VTG Aktiengesellschaft became the first company to receive Entity in Charge of Maintenance certification (ECM) from the Germ...
Iata welcomes AirBridgeCargo Airlines as active member AirBridgeCargo Airlines (ABC), part of Volga-Dnepr Group and Russia's largest all-cargo carrier, has become an active member of the International Air Transport Association (Iata). ...
Name change for National Shipping Company of Saudi Arabia NSCSA - National Shipping Company of Saudi Arabia is changing its name to Bahri with immediate effect. Saleh Al Jasser, CEO of Bahri, said that one of the main reasons for the chan...
New boss for trade fair organiser easyFairs Switzerland EasyFairs, a leading European organiser of trade shows, has reported that Peter A. Cologna became the new managing director of the company's subsidiary easyFairs Switzerland on 1 J...
Polsteam modernises fleet The Polish shipping company Polska Zegluga Morska (Szczecin) Polsteam is renewing its fleet of bulk carriers. In 2009 Poland's largest shipping company ordered some 50 newbuildings...
CSX sets emissions intensity reduction goal for 2020 Jacksonville FL-based, CSX Corporation, a prominent US transportation company, plans to reduce its greenhouse gas (GHG) emissions intensity by 6% to 8% over 2011 levels by 2020. Th...
25 million truck kilometres per year avoided on European roads The European Logistics Association (ELA) has honoured Penske Logistics and the Ford Motor Company with the 2012 European Award for Logistics Excellence, in recognition of the innov...
MAN gains ground from growth in Russia and non-European regions The German commercial vehicle manufacturer MAN has not so far been subject to the widely feared slump in demand. The company's Q1/2012 order intake in its commercial vehicles divis...
Barloworld Logistics names new managing director for the Far East Barloworld Logistics has appointed William Tang as a managing director for the Far East. The move comes after a series of acquisitions in the Far and Middle East from 2008 on, and ...
Teun Muller elected new president of IVR The International Association the Rhine Ships Register (IVR), an international inland shipping association, elected Teun Muller, member of the Dutch steering committee of the Centr...
Combi Lift opens new office in Germany The Combi Lift chartering team opened a new office in Steinkirchen (Germany) on 1 June. The office is manned by Sune Thorleifsson and Hans Jörn Schinke, both of whom recently worke...
Maltacourt Logistics completes management buy-out Manchester (UK)-based Maltacourt Logistics, a leading provider of supply chain solutions and logistics services, has completed a management buy-out led by CEO Matt Beech. Maltacour...
Post Nord AB merges franchise of DPD Denmark with Post Danmark The Scandinavian postal operator Post Nord AB is continuing its restructuring plans with the merging of its DPD Denmark franchise into its Post Danmark business. The Swedish-based ...
Mongolian Airlines Group is new customer for AAT Hong Kong's Asia Airfreight Terminal Co Ltd (AAT) announced that Mongolian Airlines Group (MR) has appointed AAT as its ground handling agent for cargo handling and documentation. ...
EU airport traffic stalled in April Based on the figures of 169 European airports, the industry association ACI Europe reported that the overall freight traffic among European airports remained negative at -4.2% in A...
Greek ship owners brace themselves for critical election Syriza party vows to tax last outpost of nation's economic vigour
Asia-Europe volumes weaken Industry figures show April drop
Stark contrast between shipping success and national ruin What are they saying at Posidonia? Angeliki Frangou and Panagiotis Tsakos give their views
South Africa tonnage tax may yet happen But shipping community has heard promises before
Chinese yards turn to deep discounts as orderbook plunges Two-thirds fall prompts 20% reductions
Restis joins X-Drill for offshore move Posidonia 2012: Greek owner to fund plans with private placement
Ambassador issues rallying cry on prosecuting pirates The US is co-operating to implement new prosecution measures, Daniel Smith tells Posidonia 2012 seminar
NYK eager to access Norwegian offshore knowhow Japanese owner happy with progress of new shuttle tanker entity Knutsen NYK Tankers
CMA CGM posts $248m first-quarter loss but forecasts 2012 profit French line returns to operating breakeven in April as freight rates recover
Deutsche Schiffsbank to resume normal service in ship finance Posidonia 2012: Leading lender pledges return to form
Queen rains on VLCCs' parade Jubilee holidays stifle London chartering activity
Put a cork in it Arguments about fuel efficiency from new engines and hull redesigns have validity, but the problems remain that older ships are uneconomic, overvalued and overindebted
Charter rate indices' recovery falters Uncertainty has mounted about lines' plans to bring in peak season surcharges
Wilhelmshaven deepwater terminal faces two-month delay Bunte faces compensation claim after construction problems hold back launch
Triphyllis drives change at Lydia Mar Posidonia 2012 exclusive: Greek shipping scion repositions German-owned firm
P+S workers pay a heavy price for rescue deal All staff to work 450 hours of unpaid overtime to bail out troubled shipyard
CSBC wins first order in over a year Taiwanese shipbuilder to build two handysize bulkers
CECAs unpicked Why Brussels' patchwork model for CO2 fund has holes
Petronas to build floating LNG unit with Technip and DSME Malaysian national energy company seeks to raise production volumes
Vancouver volumes rise 3.4% to 122.5m tonnes Supply chain disruptions after Japan's earthquake and tsunami drive car units 22% lower
Union Naval Valencia yard to close European Union ban on Spain's tax lease arrangements have made Spanish yards uncompetitive, says Boluda
EU debates radical departure from CO2 emission strategy Brussels moots CECAs to circumvent IMO climate-change stalemate
Indonesia's export tax A proposed levy on overseas coal shipments looks destructive to Indonesia's producers
Singapore's SSA hits back against 'cappuccino' bunker charge Claims that bunkers amounts are overstated are 'unlikely to be upheld'
Carnival adds MHI's air lube system to two newbuildings Technology claims to cut fuel consumption by 7%
Nicaraguan president proposes to build inter-oceanic canal Central American nation seeks to complement Panama Canal
Proposed coal export tax will cost Indonesia $11bn Wood Mackenzie says that low-grade exports will be hit hardest
Long Beach to increase capital investment City council must endorse planned budget
Swiber secures $830m in offshore contracts Projects target Middle East and Asia-Pacific
Shanghai port reports improved box growth in May Marginal rise in throughput reflects more positive trade figures
Fleet revaluation sparks Latvian Shipping slip LATVIJAS kugnieciba has reported net losses for the first quarter of 2012 were 9.1M lats ($16.3M), against a quarter deficit of $3.15M year on year
PETRONAS approves first floating LNG plant MALAYSIA'S government-run oil conglomerate PETRONAS has reportedly approved plans to build the world's first floating LNG plant, to be online in 2015
CMA CGM loses $248M FRENCH box shipping group CMA CGM today reported first-quarter net losses of $248M but predicted that it would return to profits for this year, riding a strong second-quarter sector recovery
Greek owners face taxing challenge GREEK shipowners are bracing themselves for sharp tax rises if the far left gains power in Athens, Fairplay was told today
Fairstar takes advice, again rejects Dockwise FAIRSTAR Heavy Transport's board has again rejected a bid from Dockwise after consulting two investment banks
DNB: shipping cycle will turn DNB BANK'S Asia chief Erik Borgen assured a Singapore conference that the current shipping squeeze is cyclical more than structural
P+S Werften bailout taking shape WORKERS, managers, suppliers and financiers of Germany's P+S Werften are under pressure this week to agree on €110M ($137.5M) in cost cuts and debt relief to complete the stricken builder's bailout
Inter-Oz fracas erupts over reef region THE BATTLE is intensifying between Australia's federal government and Queensland's government over port development's impact on the Great Barrier Reef
STX France squeezes workers tighter STX FRANCE has extended short-time working during the summer, as the unit of South Korea's STX struggles to cope with a falling workload
Gas to make up 40% of Chevron's portfolio CHEVRON said today it aims to increase the percentage of gas production in its portfolio to 40% by 2017, from 30% today
Shale gas extraction defended A REPORT from the International Gas Union today attacked criticism that shale gas extraction could harm ecosystems
JWP's opening delayed GERMAN officials have postponed the JadeWeserPort deepsea box terminal's opening in Wilhelmshaven
Shift seen in box balance MOVES by Maersk Line and other major box lines to delay seeking higher Far East/North Europe rates shows that the sector's balance is shifting, a container analyst has told Fairplay
Premiums paid for VLGCs AVANCE Gas has reportedly paid a high price for two Maran Gas-owned VLGCs, reflecting confidence in the spot LPG market
Shippers Fail to Kill Overseas Container Scanning Plan Shippers on Wednesday failed to convince members of Congress to strip out legislation from a port security bill requiring all...
ILA's Daggett Says Automation a 'Hurdle' Waterfront employers' refusal to guarantee jobs in exchange for automation at East and Gulf Coast ports remains a serious "hurdle"...
Hard-Disk Production, Prices Up After Thai Floods Although production of hard-disk drives is rapidly recovering from the catastrophic Thailand floods that occurred last October, average selling prices...
NYNJ Port Authority Taps FAPS Deposit The Port Authority of New York and New Jersey has used a $2.4 million security deposit to pay part of...
Truckers, Shippers Headed for Another 'Soft Patch'? The U.S. economy may be slowing, but domestic shipping is picking up speed, countering recent reports of economic doom while...
CMA CGM Books $248 Million Q1 Net Loss, Expects Full-Year Profit CMA CGM booked a $248 million net loss in the first quarter, but the French ocean carrier said it was...
House Bill Would Maintain Highway Spending, Cut TIGER Grants Federal highway spending in fiscal 2013 would remain the same as the prior year, but there wouldn't be funding for...
Freight Shipments, Spending, Increased in May The Cass Freight Index increased in May, despite signs of a slowing economy. The freight shipment index rose...
Emirates Shipping Slaps Surcharge on Chennai Cargo Emirates Shipping Line imposed a "trade surcharge" on import containers handled at India's Port of Chennai. Effective immediately, the...
DHL Invests in Indonesian Warehousing DHL Supply Chain has opened a new multi-user warehouse in Indonesia to meet thriving demand for logistics services from the...
Trans-Pacific Spot Rates Drop 3.7 Percent Average spot rates on the eastbound trans-Pacific trade fell by 3.7 percent this week after six weeks with no change,...
Russia Mulls Vienna Rail Link Russia is mulling extending its wide-gauge railroad track to Vienna as part of a plan for a Eurasian land bridge...
Long Beach Honors 14 Shipping Lines for Slower Speeds The Port of Long Beach Tuesday recognized 14 shipping lines for consistently reducing their vessel speed in the harbor area...
Charleston moves closer to deepening draught with more funds The US east coast port of Charleston has moved closer to achieving its desired deepened draught in order to be ready for the widening of the Panama Canal after ...
FMC launches notice of inquiry for US export index proposal The US Federal Maritime Commission (FMC) has moved forward in its idea to develop a container freight rate index for US agricultural exporters after launching a ...
Moroccan company to build Cameroon chocolate factory Morocco's Compagnie Cherifienne de Chocolaterie (CCC) is to construct a facility for producing chocolate in the West African state of Cameroon. It is likely to ...
INTTRA and SeaIntel join forces to monitor ocean carrier schedules INTTRA and SeaIntel Maritime Analysis have joined forces to establish and monitor ocean carrier schedule benchmarks that go well beyond vessel timekeeping. The ...
Diageo to boost UK exports
Jebel Ali is greener and safer Jebel Ali, which is one of the largest container ports in the world, has recently been certifies as one of the safest and most environmentally friendly ports on ...
Tanzania needs to spend USD6 billion on its transport infrastructure Dr Harrison Mwakyembe, Tanzania's minister of transport, has revealed that the nation needs to spend at least USD6 billion on its transport infrastructure, including ...
California counties cleared of grape, stone fruit restrictions
Maersk imposes fog surcharge at Chinese port The carrier says the fog season in Qingdao lasts from May to July and that during this period, normal port operations are impacted due to increase in waiting time as a result of fog-related port closures.
CMA CGM expects black numbers for 2012 The French liner carrier, which is not publicly traded but offers financial performance updates, suffered a net loss of $248 million in the first quarter, despite container volume increasing year-on-year in the period.
Simplified entry pilot gets underway
No peak season seen for European ports A Global Port Tracker report on North European ports says latest trade volumes suggest "the slowdown has started and we may be slipping into a deeper recession than anticipated. Any thoughts of a peak season are beginning to evaporate."
Long Beach port approves $942 million budget
Washington Notebook: U.S. House to finalize port security bill
INTTRA, SeaIntel partner on liner schedule analysis The portal-based ocean transportation technology provider INTTRA said Tuesday it will partner with liner shipping analyst SeaIntel to produce a monthly report on key ocean carrier reliability measures.
Bunker supply at Sri Lankan port still uncertain Port begins commercial operations but bunker facility not yet commissioned.
Cruise industry 'exaggerating' ECA challenges CLIA's proposal for flexibility is a 'flawed' scheme 'that will expose communities to harmful pollution'.
Dan Bunkering appoints new sales manager Jim Jensen to be part of company's new office in Houston.
Prices firming in Fujairah Prices in Middle East hub climb for the first time in a week.
Prices lack direction in North West Europe Rotterdam prices were firming.
Bunker sales tumble in Rotterdam First quarter sales down 7% year-on-year.
Volatile bunker prices 'make profit forecasts difficult' Analysts face 'host of uncertainties including demand worries and lower bunker costs.'
Hydrogen catalyst 'can cut fuel consumption' US firm says the fuel saving technology is now commercially available.
Prices generally firming in Asia ports Supplies of bunker fuels fine at major ports.
Cruise vessels to feature air lubrication system MALS able to reduce cruise vessel's fuel consumption by approximately 7%, says MHI.
Varied tanker fuel consumption a 'challenge' for assessing TCE Industry averages should be 'viewed with extreme care', says McQuilling.
Shipowners doubtful of fuel-saving ship designs Eco ships 'definitely more marketing than anything else,' says president and chief executive of Danaos Shipping.
Singapore port wins two awards at Shanghai ceremony Singapore receives 'Best Seaport in Asia' and the 'Best Green Service Provider - Seaport' at 26th AFSCA.
Shell to produce more LNG than oil in 2012 Oil prices, meanwhile, are expected to decline further, says Shell CEO.
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