Martina Hellmann joined Prologis Prologis Inc, a global owner, operator and developer of logistics property, chose Martina Hellmann to be its senior manager property management Germany and Austria, with effect fro...
CTA: Transport Canada programme to identify ways to "greenify" trucking The trucking industry is encouraged by Transport Canada's move to fund the next phase of the eco-technology for vehicles programme - a five-year, USD 38-million scheme that proacti...
JadeWeserPort's opening now postponed to end of September Germany's first deep water port - the new JadeWeserPort in Wilhelmshaven, will not go into service as planned on 5 August. Operations are now due to start at the end of September. ...
Canada and USA also announce air cargo security improvements Canada and the USA announced that both governments have agreed to the mutual recognition of, and cooperation on, air cargo security in both countries. Under the initiative, cargo s...
Jade grounded for ever The new start of the China/Lufthansa joint venture Jade Cargo Airlines with a new ownership structure (see ITJ Daily on 5 January 2012) has failed. The freight airline, which is ba...
New Warsaw airport to open only two weeks after Euro 2012 The complete airborne logistics during the Uefa Euro 2012 championship which starts this evening, will be handled via Warsaw's Chopin airport. The new Modlin airport, some 30 km no...
Mercedes-Benz delivers 110 Zetros HGVs to German army Mercedes-Benz Special Trucks is delivering 110 Zetros trucks to the German army. The vehicles will be used for logistics purposes. The vehicle manufacturer Daimler AG and its custo...
SBB Cargo to close service points for wagon load traffic The Swiss freight railway SBB Cargo is closing 126 out of 155 service points for wagon load traffic. The move is for economic reasons. Half of the service points only have a mere 9...
Uniting Eurasia says railways have to collaborate and harmonise To attract new cargo and develop competitive advantages over other modes of transport, the railways have to cooperate successfully and harmonise the different systems in the EU mem...
Saudi Airlines Cargo appoints new cargo manager for Pakistan Saudi Airlines Cargo appointed Kashif Butt as the cargo manager Pakistan, effective 1 June 2012. Butt previously worked for TAQ Logistics, Qatar Airways and various GSAs, including...
Rudolph Logistik expanding in Hungary Rudolph Autóipari Logisztikai GmbH, the Hungarian subsidiary of the Baunatal (Germany)-based logistics company Rudolph Logistik, is enlarging its facilities in Györ (Hungary). The ...
Prologis acquires distribution facilities in Barcelona Prologis Inc, the leading global owner, operator and developer of industrial real estate, recently announced the acquisition of three fully-leased facilities in Barcelona (Spain). ...
CMA CGM reports Q1/2012 loss, but says outlook for 2012 is encouraging The French shipping company CMA CGM reported that its carried volume grew by 13.4% year-on-year to 2.6 million teu in Q1/2012, while consolidated revenue increased by 2.6% to USD 3...
U-Freight gains AEO status in the Netherlands U-Freight Holland BV, the Dutch subsidiary of the U-Freight Group (UFL), has been certified by the Dutch Customs authority as an authorised economic operator (AEO) in the customs s...
Reefer specialists enjoy healthy low season after fleet clear-out Rates are as good as in 2012's terrible peak period
Chilled cargo operators hit back at damage myth Containers are not better suited for perishables, say experts
AEL still sees a future for niche players Punctuality is what counts for the customer, says UK operator
More hands on deck Shipowners and flag states are the last people to decide safe manning levels
ModusLink delivers in Asian logistical jigsaw Electronics supply chain management specialist tackles shelf-life cycles that make a mayfly look like Methuselah
Ravenna and La Spezia targeted for Contship investment Italian ports group prepares for long term growth
Key Iran oil importers may follow Japan's proposed sovereign guarantee As July deadline looms, EU is unlikely to budge
BV pulls out of Iran classification French society follows class exodus under pressure from US
Grain increasingly driving rates changes for sub-capesize bulkers Smaller vessels' earnings no longer move in correlation with the largest ships
All eyes on India's drive to import more LNG India looks to US to provide new cargoes
Shipyards are not bad - it's the owners we should worry about Shipbuilders approach NYK all the time but the carrier reserves the right to say no
Jaxport halts Gulftainer's proposed Blount Island concession Port officials delay decision until strategic masterplan is in place
Tipping point Two leading indicators both show a further erosion in spot rates from Asia to Europe over the past week
MMHE to invest $595m in yard upgrade Malaysia offshore player will optimise its operations
German transport minister opposes Duisburg sale Antwerp and Rotterdam set their sights on shares in the port
Sam Woodward takes charge at Horizon Lines New broom announced after watershed 15 months at Jones Act liner major
Capesize rates hit 15-month low Recent China stimulus measures offer better outlook
Greek shipowners pledge to help economy Posidonia 2012: 'no objection' to working with left-wing Syriza, says Veniamis
Dunkirk arrest adds new twist to B+H Chapter 11 case Company seeks to release two ships as it pursues cash collateral authorisation
Russia to double wheat export capacity Overburdened rail and port network to be expanded
Tanker owners must do more to calculate optimum sailing speeds Accuracy will help owners, charterers and the environment
Harren venture rests on success of P+S bail-out Shipowner has ordered specialist tonnage for offshore work in Papua New Guinea
Too early to talk about tanker recovery, says Sovcomflot Russian owner does not expect improvement before 2013
South Korean and Japanese banks agree ship finance deal Petroserv borrows $300m to fund DSME rig
Tsakos urges restraint in gas carrier orders Plea comes days after shipowner inked LNG deal with HHI
Tackle yard capacity first China should move quickly to consolidate its yards
Los Angeles unveils a slimmer budget 'Modest decline' reflects estimates of relatively flat operating revenues while US economy remains in recovery
Off-peak bounce for reefer trades Heavy scrapping helps to stabilise market
China Shipbuilding Industry Co raises funds in offshore drive Listed company will invest in capital projects
July 2014 deadline for box scanning remains unchanged All US-bound maritime containers will be scanned at foreign ports of origin
BV axes Iran-tied activities BV TOLD Fairplay today it has decided to cease all its maritime activities related to Iran
UGS: look beyond guards UGS CHIEF Theodoros Veniamis today closed the Posidonia conference with a plea for shipping to look beyond shipboard guards for security solutions
Congress rejects port pleas on 100% scanning CONGRESS has decided to ignore pleas by importers to reverse a law requiring foreign ports to scan all US-bound boxes, now scheduled to take effect in July 2014
Continued recovery seen for Russian grain RUSSIA'S agriculture ministry has predicted continued recovery in its grain harvest, despite an unusually dry spring in the southwest
Russian asset sales listed SEVERAL key assets tied to shipping and owned by Russia's government have been earmarked for sale this year
Kallas wants EU to buckle on Blue Belt EU TRANSPORT tsar Siim Kallas has pledged to seek ways to ease customs checks for ships that would be monitored under the EC's Blue Belt proposal
Five CMA CGM units combined into one FRANCE'S box giant CMA CGM today said it has reorganised its five land transport and logistics businesses into its single new Greenmodal Transport
Northeast Passage transit window widening VOYAGES through the Russian Arctic are likely to pick up early this year, a leading German institute said today
More charged in SeaFrance theft inquiry EIGHT former SeaFrance employees have reportedly been charged with theft and fraud
LNG price visibility seen as key to exploration VISIBILITY of long-term LNG prices is the key to investments for new projects, the World Gas Conference heard in Malaysia
MMHE to upgrade yard MALAYSIA Marine & Heavy Engineering told Fairplay today it will allocate 1.9Bn ringgit ($597M) for upgrading its shipyard in the next four years
VLCC tonne-miles climb VLCC SPOT activity was lower than predicted in May, but tonne-mile figures are increasing because of a shift in trade lanes, according to shipbrokers and analysts
Höegh LNG targets Asian sector NORWAY'S Höegh LNG has joined its peers in tapping Asia's growing gas market
Dockwise hails 97.4% take-up DOCKWISE, the Dutch heavy-lift specialist listed in Oslo, said today it has received subscriptions for 97.4% of the 14M new shares it offered in a rights issue
Yangzijiang seen hitting target SINGAPORE-listed Chinese shipbuilder Yangzijiang can reach its order target of $1.5Bn for 2012, according to CIMB Securities and UOB Kay Hian
Fitch Sees Start of Two-Year Container Shipping Recovery Fitch Ratings said CMA CGM's first-quarter results are evidence that the world's largest container shipping companies are beginning to reap...
US Intermodal Rail Traffic Up 4.1 Percent U.S. intermodal shipments on major railroads in the week ending June 2 rose 4.1 percent year-over-year but fell 12.6 percent...
Imports and Exports Decline, Narrowing US Trade Deficit The U.S. trade deficit narrowed by 4.9 percent in April as imports declined more than exports, partly because of slippage...
FedEx Freight to Raise Truck Pricing 6.9 Percent FedEx Freight, the nation's largest stand-alone less-than-truckload carrier, is first out of the gate to raise pricing this summer with...
Lacey Act Reform Clears House Committee A House committee approved a bill to reform the Lacey Act to avoid what retailers and other businesses say are...
Ex-Pier Superintendent Pleads Guilty to Gambling A suspended pier superintendent at Maher Terminals in the Port of New York and New Jersey pleaded guilty to a...
Celadon Trucking Buys Hiner Transport Assets Celadon Trucking acquired a portion of the equipment of Hiner Transport, a truckload carrier based in Huntington, Ind. Terms of...
Why Congress Won't Pass a Transport Bill This Month Signs abound that Congress won't get its act together before the highway spending extension expires at the end of the...
CEVA Completes Buyout of CEVA Ground in China CEVA Logistics has further committed to operating truck services in China, completing the buyout of CEVA Ground in China, a...
China's Jade Cargo to Be Liquidated Jade Cargo International is being liquidated after shareholders, including Lufthansa Cargo, failed to agree on a restructuring of the financially...
UASC to Hike Asia-Europe Rates on July 1 United Arab Shipping Company has joined other major container ship operators in announcing a general rate increase on westbound Asia-Europe...
NVOs to Take Brunt of Peak-Season Surcharges Having worked for more than 22 years in the shipping industry, much of the time with ocean carriers, Stephen Aldridge...
News and Views from JOC Shipping Conference Below are a few tweets from the JOC Container Shipping Conference last week sent out via Linked In (Twitter is...
ILA May Give Shippers the Summertime Blues If supply chain managers are starting the summer in a cranky mood, it's easy to see why. Three days...
Northern Europe Middle East trade falls Container flows on the northern Europe-Middle East route fell in April, with exports out of Europe falling almost 2% and imports declining by over 4%. A total of ...
APL's LA terminal expansion gets green light The Port of Los Angeles' Pier 300 container terminal expansion has got the go ahead after the Los Angeles Harbour Commission certified the final Environmental Impact ...
Woodward appointed as Horizon's ceo Charlotte (NC)-based Horizon Lines, which is a major player in the US Jones Act trades to/from Puerto Rico, Alaska and Hawaii, has named Sam Woodward as its new ...
Matson moves closer to being standalone following debt financing agreements US Jones Act carrier Matson Navigation Co has moved a step closer to being a standalone company after owner Alexander & Baldwin Holdings Inc (A&B) ...
Ocean carriers all at sea Effective July 1, 2012, ZIM Line will implement a general rate increase on the following trades linking: ...
New capacity causes pressure on transatlantic The recent influx of more capacity on the transatlantic trade has led utilisation and freight rates to drop and put pressure on supply and demand according to certain ...
DHL opens new warehouse in Jakarta Bonn-based DHL Supply Chain, which is an operating division of Deutsche Post, has opened a new common-user warehousing facility in the eastern part of Indonesia's ...
Wainio resigning as Tampa port chief Richard Wainio, director of the Port of Tampa since 2005, said he will resign in September. "My decision is purely personal based on family considerations and certain future issues," he said.
LA approves Pier 300 expansion environmental review The $196 million redevelopment project, scheduled to begin in late 2012, will maximize use of the property at the port's second largest terminal by allowing APL to handle nearly 58 percent more ship calls.
Jaxport board supports director's lease deferral The board affirmed on Thursday a decision by its executive director not to pursue a possible lease with a new container terminal operator at Blount Island until the port has completed a long-term strategic plan.
Senators urged to embrace sugar reform The amendment to the 2012 Farm Bill - the Agriculture Reform, Food, and Jobs Act of 2012 (S. 3240) ' under consideration this week in the U.S. Senate, would roll back the sugar program's most onerous provisions.
Bunker prices end lower as week ends Trading picked up today on the US Gulf, according to a local player.
Ratings agency sees hope for container lines Shipping lines are taking 'a more rational approach to pricing' as bunker prices stay close to historic highs.
Strong demand in Fujairah Cape Town sees return of 180 cSt spot market.
Bunker prices falling in Europe Quiet markets in Hamburg and Piraeus.
Investors focus on modern, fuel-efficient ships Older, less efficient ships 'put a big strain on balance sheets'.
'Earth systems' are being pushed towards their limits UN report paints grim picture of global warming and other trends, but says MARPOL convention 'is reducing pollution from ships'.
Shipyard to build dual-fuel bulker 50,000 dwt vessel will be able to switch between IFO and LNG.
'Success' for emulsion fuel in early sea trials 'Confirmation of potential emissions related benefits is a key outcome,' says Quadrise chairman.
Week ends with lower bunker prices Barging schedule in Singapore slightly tight, players say.
Shipping financing to shrink on increasing defaults Financiers set 'demanding preconditions', says CEO of Second Wind Shipping.
WTSA plans further rate increase Increases aimed at reversing steep declines in revenues and carriers' overall financial health, says executive administrator.
Supplier focuses growth on New Zealand market Gull New Zealand's new, state-of-the-art storage facility will enable it to 'keep bunker and retail prices low', it says.
Quantity disputes 'less than 0.1%' of Singapore bunkering ops Bunkering service providers involved in malpractice 'will be severely dealt with', says port authority.
Bunker, oil prices have 'opposite' effect on optimal tanker speed Optimal speed also depends on time charter rate and the financing cost of the cargo, says DNB Markets analyst.
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