Contargo Terminal Koblenz inaugurates new container gantry The terminal operator Contargo Rhein-Main GmbH has inaugurated a new EUR 3.5 million container gantry at its facility in Koblenz (Germany). The company had to install this new hois...
Russian Railways and VR-Group sign joint piggyback transport plan Russian Railways (RZD) and the Finnish VR-Group Ltd have signed a plan to implement regular piggyback transportation on the direct Russia-Finland rail link. The plan envisages the ...
WWL launches Antofagasta service Wallenius Wilhelmsen Logistics (WWL), a global leader in ro-ro shipping and factory-to-dealer logistics, has added Antofagasta (Chile), to its ocean service route along South Ameri...
Volvo Trucks' US dealer network continues rapid expansion in the west Ongoing investments by Volvo Trucks' dealer network have increased the work capacity at Volvo Trucks locations in the western region of the USA by nearly 15% since January 2010. Th...
China Airlines joins SkyTeam Cargo China Airlines, a Taiwan-based member of SkyTeam, became a member of the SkyTeam Cargo Alliance at the recent International Air Cargo Forum and Exposition in Atlanta GA (USA)....
Airports of Côte d'Azur has new chairman of the board The board of directors of the Airports of the Côte d'Azur (France) selected Dominique Thillaud as executive chairman of the management board, effective 1 October 2012. His predeces...
Damco appoints new CFO The Danish logistics provider Damco appointed Pernille Fabricius as global chief financial officer on 1 October. Before joining Damco Fabricius was CFO of the TMF Group, which deli...
Dachser expanding in southern Germany Drivers on Germany's A7 motorway cannot overlook the heavy building equipment that is in use in the grounds of Dachser's logistics centre in Langenau (Ulm). The global logistics se...
DSV Air & Sea contract with UTC Aerospace Systems takes off UTC Aerospace Systems has awarded DSV Air & Sea Limited a three year logistics contract thanks to the breadth and quality of service the service provider is able to offer. DSV ...
LAN's B787 completes first Santiago-Buenos Aires commercial flight LAN Airlines' first Boeing B787 Dreamliner departed from Santiago (Chile)'s Arturo Merino Benítez airport on 1 October and headed for Buenos Aires (Argentina). It was the first com...
IAG Cargo transports 50 oil paintings from Ecuador to Spain IAG Cargo, the single business unit of British Airways World Cargo and Iberia Cargo, has transported 50 oil paintings belonging to the Fundación Guayasamín from Quito (Ecuador) to ...
Konrath celebrates 30 years with Kunzendorf Andreas Konrath is celebrating his 30th year with the German forwarding company Kunzendorf in Berlin. He became head of that branch office in 1997, and the company granted him gene...
Vehicle lessor Pema opens new branch office in Berlin The commercial vehicle lessor Pema has opened a new branch office in Berlin-Niederlehme (Germany). The company is a member of the Gefa group, which belongs to the French banking co...
Berlian Laju Tanker vows to emerge from restructuring by year-end New Year's Eve deadline for disposing of cases in Jakarta, Singapore and New York
Call to reject environmental performance indicators Intercargo has branded Rightship's existing vessel design index as simplistic and inaccurate
Rightship makes case for defence EVDI allows like-for-like comparison, says Norman
Maersk's newbuilding chief warns over eco-ship claims Shipyards are promising too much and revolution in ship design is hype, says Brian Østergaard S'rensen
MEPC rejects ICS call to bring forward fuel availability study Chamber seeks to clarify supply issue as 2015 ECA deadline looms
China will not rest for long World Bank forecasts weak Chinese exports and lower investment growth, but a rebound in 2013
Adventurous ports chief DP World's scuba-diving, horse-riding chairman takes care not to stray from what his customers want
Beyond shipbuilding China's yards look ever further afield to shield themselves from the slump in shipbuilding
Liverpool repays government grant Deal allows cruises to start and end at Pier Head terminal
Aframax tanker is reported hijacked off Abidjan Disappearance of Orfeas could be first piracy incident off Ivory Coast in years
An intelligent shipowners' guide to restructuring survival EXCLUSIVE INTERVIEW: Trust, credibility and willingness to play hardball when all else fails are critical
Market recovery pushed back another year Weak demand could delay earnings uptick until 2014, says RS Platou Markets
Supply headaches will test LNG industry 'to its limits' Soaring project costs could scupper new ventures, creating overcapacity in niche fleet
Shipbuilding slump sees China yard turn into a property lender Shenzhen-listed Sainty Marine seeks refuge in niche property loans as newbuilding orders stagnate
Iranian bank freezes IRISL dollar account Move likely to prove major headache for carrier
Chemtanker restructurings will succeed, pledges Eitzen boss EXCLUSIVE INTERVIEW: Bank losses will be minimal at worst, Figenschou says
DP World is sole bidder for box concession at JNP Lone approach after PSAI, Eredene Capital and Grup Marítim pull out of India ventures
CMI must recognise ship operators' views on salvage ICS opposes new award for environmental salvage where threat of pollution exists
Eitzen secures grace period from bondholders Three troubled tanker firms edge towards final restructuring deals
Moody's praises MISC for $1.7bn offshore sale Credit rating agency will likely raise MISC's outlook to stable from negative
TMT cancels several ships TAIWAN's TMT told Fairplay today it might not take delivery of several bulkers and tankers it ordered at South Korean yards years ago
EU weighs barring gas carriers from Iran THE EU is considering plans to bar shipments on gas carriers from Iran to Europe, IHS World Markets Energy reported today
Seoul declares acid-leak port a disaster area SEOUL today declared the southeastern city of Gumi a disaster zone because of acid leaked when a tanker was being unloaded, IHS Global Insight reported
WWL takes over forwarder RO-RO shipping group Wallenius Wilhelmsen Logistics today said it is taking over a UK project freight forwarder
EMS plans rights issue EITZEN Maritime Services said today it plans a rights issue seeking to realise up to 87M kroner ($15M) to strengthen its financial position, with an offer of shares for 0.40 kroner each
Migrants sought in capsizing SEARCHERS were looking today for 13 migrants missing since the vessel smuggling them capsized in the Indian Ocean off the French territory of Mayotte
EU shipping leaders OK Limassol Declaration EU SHIPPING and transport ministers today launched a push to invigorate its integrated maritime policy to help member countries emerge from the recession
Capesize resales surge INTEREST in secondhand Capesizes has grown with the recovery in freight rates
BLT says restructure plan nearly finished INDONESIAN chemical shipping specialist Berlian Laju Tanker said it has nearly completed its restructuring plan
ILA, USMX to Resume Talks This Week Representatives of the International Longshoremen's Association and United States Maritime Alliance will resume contract negotiations on Oct. 10 in Delray Beach, Fla., under supervision of a federal mediator. It will be the first formal meeting since the ILA and USMX agreed last month to extend their Maine-to-Texas contract 90 days past...
Motor Carrier Buys Chassis for CCM Pool A motor carrier has purchased more than 1,500 intermodal chassis from OOCL (USA) and will put them into Consolidated Chassis Management's Mid-South cooperative pool for use by OOCL. The deal by IMC Companies is a major step in the continuing disengagement by container ship lines from owning and operating chassis in...
Bunker price volatility continues The red and green pointers are swapping places on an almost daily basis on the oil markets as the demand / supply equation swings wildly on the coat tails of positive ...
Daily Maersk embraces Indonesia and Thailand Maersk Line is to expand its Daily Maersk offering on the Asia-Europe trade to include more origins. From November 21, 2012, Thailand and Indonesia will both be ...
Maersk feeder stuck fast
Yusen Logistics boosts presence in Russia Yusen Logistics RUS LLC has established a 'Far East Branch' in Nakhodka, Russia - as part of its plans to boost its business in emerging countries - linking ...
SA truckers seek sympathy action from port workers This week could see South Africa's national truckers' strike, which is now in its third week, cause even more damage to the economy as port and rail workers join ...
Dammam starts digging its second box terminal
US jobs uptick to help Obama Coming off of a disappointing head-to-head debate with Republican rival Mitt Romney, Barack Obama will no doubt be relieved to see a decline in the jobless numbers ...
Facebook photo riot Workers at Western Marine Shipyard in Bangladesh went on the rampage after seeing a "defamatory" picture of the Quran on Facebook.
JES goes offshore Chinese shipbuilder JES International has made its first foray into the offshore space.
Meningitis strikes MSC Four crew are ill - one critically - after an outbreak of bacterial meningitis on an MSC cruiseship off Italy.
Ship in trawler clash A South Korean cargoship has been involved in a collision that sank a fishing vessel off the Philippines.
PNSC bags charter deal Pakistan National Shipping Corporation (PNSC) has grabbed a breaththrough charter to lift oil for Pakistan State Oil (PSO).
Dof wins three Dof has racked up a trio of contract wins including a job for Norwegian oil firm Statoil.
Angola launches bourse Angola has launched a National Freight Bourse (NFB) with the aim of lowering shipping costs.
EMS to launch share sale Eitzen Maritime Services is preparing to strengthen its balance sheet with the sale of newly minted shares.
Double trouble Two Trans-Asia ro-ros have broken down off the Philippines - one after its fuel ran out.
New Albedo deadline Somali pirates have set another deadline for the payment of a ransom to free the Malaysian boxship Albedo.
Greece in tax probe The European Commission (EC) has asked Greece to clarify how its tonnage tax works as part of a wider competition investigation.
Fire hits LPG carrier A blaze has been brought under control on an LPG carrier off Thailand.
Maybank likes HPH Trust Maybank Kim Eng has initiated coverage of Hutchison Port Holdings Trust (HPH Trust) with a bullish take on the company.
Six dead in blast Six men have been killed and one other seriously injured in an explosion on a tanker at a shipbreaking yard in Alang, India.
PSA starts Saudi port PSA International has begun construction of what eventually will be a 1.8mteu capacity container terminal in Saudi Arabia.
Spending set to jump Spending on floating production systems is set to double over the next five years says a top industry analyst.
Double tanker hijacking Two tankers have been hijacked in the Gulf of Guinea in the past four days as piracy off the West African coast continues to escalate.
PSA breaks ground on Dammam terminal The joint venture, called Saudi Global Ports (SGP), will construct the second terminal at King Abdul Aziz Port in Dammam, the largest Persian Gulf port in Saudi Arabia and a key gateway port in the Arabian Gulf.
New CFO for TNT as regulators scrutinize UPS merger Jeroen Seyger will do the job previously held by Bernard Bot, who was appointed the express carrier's interim chief executive officer on Sept. 24 following the abrupt resignation of CEO Marie-Christine Lombard.
WWL takes stake in oversize cargo specialist Wallenius Wilhelmsen Logistics has acquired a 60 percent stake in the Dutch firm Abnormal Load Services (ALS) Holding B.V, a specialist in "out-of-gauge" cargo, including construction and agricultural machinery.
Lisbon port strike persists Dockworkers in Portugal have been protesting since Sept. 17 over a government plan to reduce port costs in an effort to induce more exports from the country, but labor unions see the plan as a way to cut their workforce in half.
Maersk adds Asia-Europe service guarantee to 2 new ports
Prices show losses in Fujairah But prices firmed in Suez and South Africa.
Prices soft in Rotterdam Week starts with prices heading down.
Fuel oil market remains weak 'We certainly see more fuel oil than last month, but this is as much a demand issue,' says trader.
Friday deadline for strike South African lorry driver action could spread to ports sector.
Progress on standard for measuring hull and propeller performance Bellona encouraged by ISO work toward standard for measuring impact on fuel consumption, and welcomes support from hull paint manufacturers.
LNG: Niche market without deep-sea trades 'LNG is unlikely to simply replace heavy fuel oil,' says LR.
Beached vessels raise fears of bunker spill Ships driven ashore near the Spanish port of Valencia.
Week starts with downward movement of bunker prices Supplies of bunker fuels were fine at key Asian ports on Monday.
Bunkers target in chartering dispute Move 'a security measure' in case owned funds not forthcoming.
Fuel saving trim optimisation module unveiled Module is fully integrated into Interschalt's MACS3 loading computer system.
Vessel detained for violating ECA regulation BDN showed fuel was within sulphur limits but Dutch authorities 'refused to acknowledge the role of the bunker supplier'.
New LNG marine fuel tank system 'cost-effective' Scalable system will make 'real difference', says managing director of Braemar Engineering.
New York investor to acquire Titan's storage assets Guangdong Zhenrong withdraws bid to purchase assets as part of an agreement with Warburg Pincus's subsidiaries.
Berlian Laju gets more time Singapore court grants BLT another two months of protection from creditors.
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