Relaunch of service between Kamchatka and Alaska After a break of five years, the service between Kamchatka (Russia) and Alaska (USA) will be restored this summer. Starting next Thursday, 12 July, the Russian carrier Yakutia Air ...
Toll to sell Toll Refrigerated business Toll Group has announced the sale of the Australian interstate linehaul and warehousing operations of its Toll Refrigerated business to Automotive Holdings Group Ltd, owners of Ran...
AirBridgeCargo Airlines arranges a trip to dentist for famous Atlantic walrus When the star attraction at Russia's Udmurtskiy Zoo needed some urgent dental work, AirBridgeCargo Airlines (ABC) was the only way to fly! Sgata-Neseyka, a rare subspecies of Atlan...
Erik Lindbergh joins Air Charter Service as brand ambassador Erik Lindbergh, grandson of the legendary pioneer of aviation Charles Lindbergh, has joined the aircraft charter specialist Air Charter Service as a brand ambassador. In 2002 - the...
BLS Cargo to deploy last-mile locomotive BLS Cargo, a private Swiss freight railway, will become the first company to commercially deploy three leased last-mile locomotives from 2014. The last-mile units, powered by alter...
International Transport Danmark joins international environmental organisation The International Transport Danmark (ITD) is now an associated member of the new organisation Green Freight Europe (GFE). Behind the organisation are large companies working for th...
Hamburg Süd aiming to cut emissions by 2020 The German shipping line Hamburg Süd is aiming to reduce the CO2e emissions of its owned and chartered container vessels by 26% per unit of transport capacity (teu/km) by 2020. Bes...
RZD and Sinara ink contract for locomotives Russian Railways (RZD) and the Sinara group have signed a contract for the development and production of GT1h mainline gas-powered turbine locomotives. Under the terms of the agree...
Pattonair appoints new quality director Pattonair, a global aerospace and defence supply chain service provider, has appointed Richard Hawkins as its new quality director. Hawkins joined Pattonair from Rolls-Royce, where...
Saddle Creek Corp adds Freightliner CNG tractors to its for-hire fleet Freightliner Trucks, a division of Daimler Trucks North America, headquartered in Portland OR, announced that Saddle Creek Corp has added 40 Freightliner Business Class M2 112 comp...
Air cargo throughput recovery in Cambodia Air cargo throughput at Cambodia's main airports Phnom Penh and Siem Reap continues to soar. After an increase of 58.8% in May, which took volumes back to the pre-crisis level of 2...
Vietnam's coal exports fall 16.2% due to export tax Protests against duty increase as economic growth slows
Indonesian coal miner Bumi says production will rise 75% in two years Company ignores government desire to reserve more coal for domestic consumption
Pipeline to bypass Hormuz Strait is weeks away from full operation Arab states seek alternative route to market after Iran threat to block strategic waterway
Greek government's talks with creditors focus on port concessions Privatisation in return for bailouts appears to be off the table
Lloyd's Register lead analyst to head PMSC regulation project IMO member states want accreditation to underpin proposed industry standards
Shipowners face increase in fatigue claims in court US claim against Maersk paves the way for lawsuits in other jurisdictions
Study highlights the dangers of tiredness at sea Sleep deprivation threatens seafarers' physical and mental health
Golar LNG wins major FSRU contract off Chile Floating regas market continues to grow in popularity
Sumatec Resources' sale of shipping unit frees it to pursue energy ambitions Deal will lop off the bulk of Malaysian company's debt and allow it to stay listed
Europe's container imports shrink as recession returns Volumes from Asia and North America decline in May
China bound European banks are holding the exit door open
A little respect for all Nautical Institute president sets out agenda based on fair treatment for seafarers
Box Ships clinches loan for OOCL duo Michael Bodouroglou-led firm adds $25m ABN Amro facility to help pay for latest pair of post-panamaxes
Japanese shipowners join Panama toll hike protest Canal authority faces new pressure not to make waterway more costly for vessels
HHI wins Turkish order for up to four LPG carriers Negmar Marine seals deal for 38,000 cu m vessels at $50m each
Brazil's bumper corn crop destined for China Long-haul trade could be boon for small bulker demand
Investors sought too steep discounts, says Universal Maritime chief EXCLUSIVE INTERVIEW: Dropped flotation points to hard times for Oslo IPOs
Tankers on alert as protesters shut down Libyan oil terminals Stoppage at Ras Lanuf threatens vital oil cargoes amid rising Middle East tensions
TTS Group buys Sietas crane maker NMF All the bankrupt shipbuilder's businesses have found new buyers
Capesize market brightens at last Relief as owners push to sustain higher rates
Treading water New data reveals no end in sight for eurozone box woes
Commerzbank to help owners with restructuring Withdrawal from ship finance will happen organically and over the long term, says government official
Shanghai port throughput lags slightly in June Report comes amid rate cuts and easing of lending rules by China's central bank
Construction finishes at first new port in post-Soviet Russia Imeretinskiy on the Black Sea will handle cargo for the Sochi Winter Olympics
European transport firms urge Brussels to ring-fence funds Connecting Europe must allocate $40bn to infrastructure, say groups
Peel seeks partner for wind turbine plant Vacancy opens after Vestas walks away from option to develop Kent port base
Cargotec supplies eight reachstackers to HCCR Hamburg-based empty box handler upgrades its equipment
BLG aims for record full-year vehicle throughput Europe's largest car terminal reports 8% first-half growth
Shareholders ratify DHT reverse stock split Tanker company's backers give blessing to moves to tackle NYSE delisting warning
Court rules against Yangzhou Guoyu bid to recover payment guarantee Chinese yard turns to September arbitration in dispute with Emporiki Bank
Second ratings warning for SCF A SECOND international ratings agency has downgraded Sovcomflot (SCF), the state-owned Russian tanker company
Russia warns Turkey over Syrian shipping RUSSIA has warned that Turkish cargoes heading for Russia may be stopped, following several recent episodes in which the Turkish armed forces attempted to interfere with Russian vessels delivering cargo to Syria
VLCC earnings go negative VLCC earnings have sunk to negative territory on the main routes, as Worldscale rates hit a new 2012 low yesterday
Supramaxes still ride high TIGHT tonnage lists and the flow of Indonesian cargoes are sustaining the Supramax rally in the Pacific, but the Atlantic market remains stronger
Cosco reassures investors COSCO Corp (Singapore) said its orderbook might be subject to revisions as it receives cancellations and rescheduling of orders because of "difficult" business conditions
Eneos Globe to buy LPG from Enterprise ENEOS Globe, Japan's biggest LPG importer, said today it has signed a contract with US midstream energy provider Enterprise Products Partners
Concordia captain's house arrest ended COSTA Concordia's Italian captain Francesco Schettino has reportedly been released from house arrest
Capesizes race on rebound of iron ore to China RESTART of iron ore exports to China has pushed up Capesize rates all week, and brokers told Fairplay they expect the BDI to rise again today
CMA CGM won't go it alone at Abidjan CMA CGM has decided not to bid alone for the planned box terminal at Abidjan, Ivory Coast
Sanko to cancel costly charters SANKO Steamship will cancel expensive charter contracts to stay afloat, according to its new president
Four Railroads Appeal Class Action Status of Price-Fixing Lawsuit The top four U.S. railroads this week appealed the upgrading of a price-fixing lawsuit to class action status, arguing no...
Commentary: Delivery Delay Gives Carrier the Chills Q: We're a motor carrier and had a fairly unusual load of refrigerated goods recently. It was partly fresh produce...
Transport Employment Drops Slightly Transportation and warehousing lost about 2,200 jobs in June, after a 36,000 job hiring spree in May, according to data...
APM's Vietnam Terminal Expects 600,000 Containers This Year Cai Mep International Terminal will handle close to 600,000 20-foot equivalent units in 2012, representing 50 percent of the containers...
Few Trucking Jobs Added in June The Journal of Commerce Trucking Employment Index edged up one-tenth of a percentage point in June as trucking hiring slowed...
Japanese Shipowners Call for Withdrawal of Panama Toll Hikes The Japanese Shipowners' Association voiced strong objections on Friday to the toll increases proposed by the Panama Canal Authority and...
Kuehne + Nagel Acquires Canadian Perishables Forwarder Kuehne + Nagel is acquiring the business contracts of Canada's Perishables International Transportation in the latest expansion of Swiss logistics...
Maersk to Raise India-Latin America Rates Maersk Line will seek a general rate increase on shipments from India to Latin America, effective Aug. 1. The...
Winter Olympics inspires new Russian gateway Basic Element Group has completed the construction of a temporary cargo handling facility in the Russian port of Sochi to help get the next Winter Olympics underway ...
Ports and terminals shortlisted for CI-Awards 2012 Ports and terminal operating companies have enjoyed far better financial performances than many other sectors in the global container industry, with the leading ...
Transpac rates drop for first time in three weeks Transpacific spot rates have fallen for the first time in three weeks since carriers' peak season surcharge came into effect in June and immediately lifted rates ...
US intermodal volumes on target to reach record levels for 2012 US average weekly intermodal volumes for last month have hit the highest volumes for any June on record with indications suggesting that 2012 will reach ...
'Relief' for APM T & DPW in Mumbai The operators of the two biggest box terminals at India's Jawaharlal Nehru Port [JNP] have won an 'ad-interin stay' from the Mumbai high court on port charge ...
HPH reaches testing mode in Barcelona Hutchison Port Holding's Terminal Catalunya (TERCAT) subsidiary has started testing its much delayed Muelle Prat container terminal in Barcelona. MSC's feeder ship ...
CMA CGM confirms its interest in Abidjan Marseilles-based CMA CGM has confirmed that it is interested in bidding for the development and operating concession for the second container terminal planned for ...
Oil prices firming up Just when ocean carriers had begun to celebrate lower operating costs for their ultra large container ships [ULCS] by reason of a significant fall in the cost of ...
Golar going for a third John Fredriksen's Golar LNG is preparing a fresh FSRU newbuilding order to fill a near $50m per year contract off Chile, it is thought.
Anchor-handler burned An Indian anchor-handler has been hit by a fire off Kakinada.
DFDS bags Volvo deal Danish ro-ro owner DFDS has penned its second vehicle shipping deal of the week.
Bulker busted in UK A Greek bulker and a British-owned passenger vessel headed the list of ships detained by UK authorities in May.
Tug spills oil
Box Ships lands ABN loan Box Ships has completed the next slice of funding for the newest additions to its fleet.
Hanjin cools order hype Hanjin Heavy Industries is playing down the suggestions it is preparing to build a fleet of containerships.
CHO faces earnings drop CH Offshore could see a shortfall in earnings this year after a boom-time anchor handler charter was cut short.
Seafarer dies after slip
Minds and souls on fire We take a look at what was said in the market over the last week.
Cosco responds Cosco Corp (Singapore) has admitted it is struggling with the shipping downturn but denies claims it has rescheduled a rigbuilding contract with Sevan Drilling.
JSA calls for halt The Japanese Shipowners' Association (JSA) has called for a complete scrapping of planned Panama Canal toll hikes.
Capes tempting Swiss TradeWinds digests the digits making the headlines this week.
To build or not to build?
Golar confirms Chile FSRU Golar LNG has confirmed it will provide a floating storage and regasification newbuilding for a project in northern Chile.
"Defaced" Red Ensign
Cable-layer in clash
Pertamina gasses up Indonesian oil major Pertamina is looking to charter a VLGC for some summer work.
Goldenport scraps Lindos Goldenport Holdings continues with its clear out of elderly tonnage with a 22-year-old handymax the latest ship to be sold.
Uljanik on sales block
The hand of God? Francesco Schettino has claimed he had help from above during the Costa Concordia tragedy, as his house arrest came to an end.
Shanghai volumes mixed Shanghai Port, the world's busiest container port, continues to see a recovery in throughput with volumes up nearly 6% last month.
DHT wins approval DHT Holdings is to go ahead with a reverse stock split after receiving shareholder approval at the second time of asking.
Sealift wins more navy work Sealift has secured a second major charter contract from the US military worth over $40m in fully exercised.
U.S. challenges China duties on American autos The United States on Thursday requested dispute settlement consultations at the WTO challenging China's imposition of antidumping and countervailing duties on more than $3 billion in exports of American-produced automobiles.
More time to comment on FMC's ag rate index proposal The agency has agreed to extend the comment period to Aug. 8 on requests that the government develop and release container freight rate indexes for U.S. agricultural exports.
Fake cell phones, unsafe toys stopped in NY
U.S. intermodal traffic reaches new heights "The June 2012 average weekly intermodal volume of 249,006 units is the highest average for any June on record and the third highest for any month, behind August and October 2006," said the Association of American Railroads.
Maersk slows Horn of Africa loop
CMA CGM expresses interest in Ivory Coast terminal
GM, PSA Peugeot Citroen in logistics deal GM called it "one of the largest logistics agreements in the European automotive industry to date" and said it would allow it to reduce costs and focus its internal resources more on core automotive business.
Maersk slows FEW2 again
Epes Logistics buys Meredith
UPS says plastics reduce costs, fuel
Japanese shipowners seek further canal toll concessions
Global bunker prices rise throughout week Prices track crude's surge as European economic woes continue.
Bunker prices end week on mixed note Demand was slow on the US Gulf, according to a local supplier.
Risler closed for holiday Business will resume as normal from July 10.
NuStar Energy provides negative Q2 earnings forecast Fuel marketing operations expected to generate loss as a result of heavy fuel oil and bunker fuel inventories not being hedged for two months.
LNG tanker to be used as bunker vessel Two tankers are intended for short sea shipping and the third will be used as an inland waterway bunker vessel.
Fujairah market softens as week closes Little activity in Suez.
Libyan oil port forced to close Political protest closes Ras Lanuf oil terminal.
Rotterdam prices in retreat Prices fall by double-digits in European hub.
Oil workers' dispute puts pressure on Brent crude prices Norwegian government seeking to resolve offshore oil workers dispute.
Fuel oil stocks to 'remain high' 'Marine fuel demand has weakened all over Asia, except for Singapore,' say observers.
Consultant to look at LNG bunker guidelines European agency ready to appoint consultant to kick-start review of LNG bunkering procedures.
South African bunker sales 'shrinking at a rapid rate' 'High calling costs' at South African ports are undermining bunker sector.
Week ends with dip in prices No problems with supplies of bunker fuels in major Asian ports.
Call to free up Ghanaian bunker prices Vessels opting to buy bunkers outside Ghana, says Ghana Oil representative.
Bunkering 'obvious choice' to improve South Africa's marine sector Price of bonded bunkers at South African ports currently uncompetitive when compared to international market.
COSCO box vessels to use fuel saving paints 'Hull performance plays a significant role in reducing our fuel costs and Green House Gas emissions.'
Gothenburg-based shipping firm to build new bunker tanker Signs letter of intent with Akdeniz Shipyard to build 'new ship concept' bunker tanker.
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