Trans-alpine freight traffic shrinking in Switzerland Switzerland's Federal Department of the Environment, Transport, Energy and Communications (DETEC) reported that the volume of trans-alpine road and rail freight shrank in H1/2012, ...
Unifeeder takes over Feederlink The Danish feeder company Unifeeder wants to buy the Irish Continental Group's subsidiary Feederlink, which operates on routes between the Netherlands and the UK. (nau)
Nesck Sales & Rentals acquires Penske Utility Rentals North America-based Nesco Sales and Rentals has acquired Penske Utility Rentals fleet. The purchase strengthens Nesco's east coast and mid-Atlantic presence and provides customers ...
Tall truck and trailer order for Scania in Sweden Scania's Swedish subsidiary has entered into a long-term agreement commencing in late 2012, which will ensure safe road transportation of iron ore concentrate until 2021. The goods...
Russian Railways make better use of locomotives Russian Railways reported that the usage rate of its locomotives rose by 4.2% in H1/2012, compared to the same period in 2011. The transport performance of the locomotives amounted...
Dubai airfreight surge in July Dubai International began the second half of 2012 on a strong note by surpassing the 200,000 t mark in July. The UAE airport's cargo volumes surged by 6.2% that month to 204,510 t ...
Stephan Wehrle to be SBB media spokesman for German-speaking part of Switzerland The Swiss national railway SBB has appointed Stephan Wehrle as media spokesman for the German-speaking part of Switzerland. Wehrle assumed responsibility for management communicati...
LUG strong room secured by Brinks LUG aircargo handling handed over the operations of its strong rooms in the LUG warehousing facilities at Frankfurt/Main airport (Germany) to Brink's on 1 September. "Thanks t...
Air Nigeria suspends operations Air Nigeria (formerly Virgin Nigeria), which was established in 2004, is reportedly suspending operations today (10 September). A number of African media reports have indicated tha...
A reshuffle and a retirement at the GAC Group Jan Farnelid, GAC's group vice-president for human resources, retired on 31 August and took on a consulting role with the group until the end of the year. Patrik Halldén has taken ...
PepsiCo in Poland steps up collaboration with DB Schenker Logistics DB Schenker Logistics has been selected as the service provider for PepsiCo's four regional distribution centres, with a total area of around 25,000 sqm, in Warsaw, Lodz, Cracow an...
FPS Shenzen relocates for growth The Shenzen (China) office of Famous Pacific Shipping (FPS) Hong Kong - one of the founders of the FPS Group network of independent freight forwarders - has relocated to larger pre...
SNCF Geodis and Vestas transport wind blades by rail The global logistics provider SNCF Geodis and Vestas, a prominent wind turbine manufacturer, have launched a breakthrough concept for transporting wind turbine blades. For the firs...
US heavylift vessel to leave Venezuela after arms charges dropped Crew held for 13 days after rifles for defence against pirates found on board
Panamax resale pair sold for $24m each Katsikis & Sigalas grows fleet again after selling last panamax pair in 2007
Volatile iron-ore price is boost for futures trade Volatility 'goes bananas' according to iron-ore broker
New finance chief at Maersk Line Søren Strøm joins from Clipper Group
Private security can curb piracy in the Gulf of Guinea Attacks involving beatings, robbery, kidnap and even death are increasing, yet governments have still not agreed any counter-piracy strategy
P&O Ferries launches business review Falling freight rates and soaring fuel costs make life 'extremely tough' for ro-ro firm
Almi clinches VLCC charters with Chevron Slew of tankers fixed as group sells eight Fairsky bulkers
An experienced hand on the tiller The appointment of Patrick McLoughlin as UK transport secretary heralds the return of a politician with hands-on experience of important port policy drafting
Updated: CMA CGM is back in the black Full-year profit ambitions on track as French line posts $178m second-quarter profit
Søren Skou sets Maersk on new course But there is still a long way to go, says 'old school shipowner' at the helm of world's biggest boxship operator
China imports more iron ore than expected in August Iron ore imports up 5.7% year on year
Vladivostok LNG deal offsets Shtokman delays Russia-Japan deal raises hopes for new trade in Asia-Pacific
APMT takes stake in Global Ports Deal is largest foreign direct investment in Russian transport
Buyer sought for bankrupt P+S Insolvency administrator holds 'informal' talks with shipyard's suitors
Textainer pays $66m for extra 52,000 teu Managing containers is a key part of business strategy, but container ownership is more profitable, says chief executive Brewer
MSC Flaminia finally finds a berth Arrival at Jade-Weser Port in Wilhelmshaven follows safety inspection on Saturday
Scrapping market 'teeters' on the brink of collapse as ships await buyers Backlog of vessels awaiting demolition in Bangladesh
TUC demands 'coherent' shipping policy Unions urged to condemn exploitation of non-UK seafarers
Rongsheng faces multiple lawsuits after acquisition default Claims of insider trading, false statement and contracting fault against private shipbuilder
Lodestar launches fixed-premium P&I product $100m capacity provided by RSA
Boxship ablaze off Mumbai Fire on Amsterdam Bridge under control
Kuwaiti VLGC drags down spot market rates Owners rush to secure cargoes, fearing LPG exports will dry up
Car carrier operators face years of uncertainty as price-fix probe spreads Premises raided in Japan, Europe and North America for evidence of collusion
Boxships owner seeks to link charter contract with freight rates Munich-based KGAL wants to link time charter rates to the Shanghai Containerised Freight Index
Comment: Car carriers' concentration of power Investigation may stem from complaints by manufacturers about capacity constraints
Car carriers in a jam The deepsea car trades are dominated by just a handful of global players. Is that what has raised the antitrust regulators' suspicions?
Hudong-Zhonghua wins LNG shipbuilding deal CSSC unit to build up to six 174,000 cu m vessels for venture between Sinopec and China Shipping Development
Lessors build up reefer box fleets Container investment may offer better returns to rental firms
Singapore investigates vessel collision Nearly 60 tonnes of bunker fuel spilled at Temasek Fairway
Box ship fire contained off India INDIA'S coastguard and navy managed to put out a fire on board container ship Amsterdam Bridge
Venezuela drops charges against US crew ARMS trafficking charges were dropped against a US captain and his 14-member crew after they were detained in Maracaibo, Venezuela for 12 days, Fairplay confirmed today
CMA CGM bounces back to 2Q profit THIRD-ranking container shipping group CMA CGM has returned to profit in the second quarter of 2012, after recording net income of $178M
ITF threatens "storm of protest" over jailed union leader THE INTERNATIONAL Transport Workers' Federation (ITF) promised today to raise a new "storm of protest" if the Moroccan judiciary continue to refuse to release imprisoned port workers' trade union leader Said Elhairech
Dahlman Rose: Chinese stimulus could hike rates CAPESIZE spot rates could surge in the wake of Chinese stimulus, Dahlman Rose analyst Omar Nokta said today
1990s-built VLCCs snapped up for conversions VLCC resales gained momentum last week, as buyers snapped up 1990s-built tonnage for conversions into floating oil storage
Car carrier stocks fall on widening cartel suspicion SHARES in two car carrier companies listed in Oslo fell on Monday morning after news that an investigation of a possible cartel in the sector had widened from Japan to include the US, Eu and Canada
Seadrill plans $1.0Bn note offer SEADRILL, the Oslo-listed company in the centre of John Fredriksen's drill ship and rig business, plans to raise $1.0Bn through an offer of five year notes, the company said in a statement
Arctic Securities: Chinese stimulus won't change market THE $150Bn stimulus unveiled by China is unlikely to change Capesize dynamics, said Arctic Securities analyst Erik Nikolai Stavseth, noting that the amount is much smaller than in 2009, while the Capesize fleet has grown by 64% in two years
Breaking prices dive FIRM sales in the past three weeks have taken their toll on the ship recycling market, as prices fell across the board in South Asia
Jaya pumps capital to subsidiary SINGAPORE offshore vessel specialist Jaya Holdings has increased its paid-up capital for wholly owned subsidiary Concord Offshore
Long-haul box rates still falling LONG-HAUL box rates are still declining, as shippers succeed in resisting liners' general rate increases this month
Ezra issues S$200M notes SINGAPORE-listed offshore player Ezra Holdings said it has issued S$200M ($162M) fixed rate notes to refinance existing borrowings
US Diesel Prices Stay Nearly Flat The average cost of diesel in the U.S. stayed nearly flat, inching up a five-hundredth of a cent in the...
Port Tracker Forecasts Strong Import Volume Containerized imports at major U.S. ports are expected to rise 8.5 percent this month and remain strong through the holiday...
Hapag-Lloyd Temporarily Suspends Calls at Costa Rica Port Hapag-Lloyd has announced a temporary suspension of its calls at Puerto Caldera, Costa Rica, as part of its California Central...
CMA CGM Reports $178 Million Profit CMA CGM rebounded to a $178 million net profit in the second quarter from a $248 million net loss in...
'K' Line Ship on Fire Off Mumbai Efforts were under way Monday to extinguish a fire that continued to burn aboard an Antigua and Barbuda-flag container ship...
APM Moves Into Russia With $860 Million Investment APM Terminals has acquired a 37.5 percent stake in Russia's Global Ports worth $860 million, making the port-operating arm of...
India Container Traffic Rises 2.5 Percent Container throughput at major ports in India grew about 2.5 percent year-over-year from April through August, according to preliminary figures...
Asia-Europe Outlook 'Challenging,' Maersk Exec Says Trans-Pacific volumes are performing well but the outlook for Asia-Europe is at best "challenging," according to one leading shipping executive....
Countdown to Crisis in ILA Ports International Longshoremen's Association and management negotiators are running out of time to avert a threatened Maine-to-Texas dock strike that is...
Cargolux Returns to Ecuador With A New Flight Pattern Cargolux has resumed flights to Ecuador after a nearly 39-month hiatus. The Dutch cargo carrier's twice-weekly flights to Cotopaxi International...
Yuma County, Ariz. Studies Reefer Rail Officials in Yuma County, Ariz., are looking closely at the trade and jobs benefits that reefer rail service could give...
Blueberries, Other Superfruits Cropping Up in Bunches It's not just apples and bananas in fruit markets these days. Producing nations are trying to beef up production and...
Thermo King Launches New Trailer Platform Thermo King is launching the Precedent, a new trailer temperature-control platform designed to deliver double-digit fuel savings, best-in-class performance and...
Defense Logistics Agency to Buy six-Month Meat Supply The Defense Logistics Agency is procuring a six-month advanced supply of meat, poultry and fish to provide drought relief for...
Produce Distribution Center Goes Solar in California Watsonville Coast Produce installed a solar power system on its roof that will save the company more than $100,000 in...
Avian Flu Spreads to Netherlands The Philippines imposed a ban on poultry items from the Netherlands because of an outbreak of low-pathogenic avian flu in...
CMA CGM Extends Brazil Express Service CMA CGM will upgrade its fixed-day weekly service between the east coast of South America and the Caribbean, introducing the...
Dole Signs Lease at Port of San Diego San Diego's Board of Port Commissioners voted unanimously to grant Dole Fresh Fruit a 24 1/2-year lease to import and...
On Produce: Truck Rates, Volume Extend Their Climb U.S. truck shipments of fresh produce totaled 8.9 million tons in the second quarter, up 24 percent from the first...
US Agriculture Trade to Hit Record Levels U.S. farmers, ranchers and producers are expected to sell record amounts of agricultural commodities to overseas buyers next year, according...
Consumer Groups Sour on Food Safety Two consumer groups are stepping up their criticism of delays in implementing the Food Safety Modernization Act by suing the...
Drought Likely to Beef Up Meat Prices and Imports The drought that stretched across much of the U.S. this summer decimated corn and soybean crops, with the U.S. Department...
China's Cold Rush As China's middle class expands and develops, so does the food marketing system and cold chain that deliver the more...
Reefer Container Market Runs Hot The international cold chain received a significant investment in 2011 when a record number of refrigerated containers joined the global...
A Scrambled Message on 'Dumping' The U.S. poultry industry got a mixed decision from Mexico after one government agency formally decided U.S. producers were dumping...
Bridging the Gulf, on Land and Sea Billions of dollars worth of fresh produce and pharmaceuticals cross the Mexican border each year to enter the U.S., and...
Commentary: Rotten Tomatoes? When countries go to war over trade, there are rarely winners. One domestic industry might get a reprieve from foreign...
Commentary: Paying the Right Price for Reefer Service Food shippers who have been warned of a coming equipment shortage should be cheered by a new report that shows...
Terminal Operators' Lands of Opportunities There's a reason they're called "emerging markets." Although markets such as India, Vietnam, Brazil and Russia offer the highest upside,...
No Easy Answers For Shippers Shippers planning for a possible East and Gulf Coast port shutdown next month must choose from a menu of unpalatable...
Filling Seats Is Not Just Trucking's Problem When it comes to trouble finding skilled employees, trucking isn't alone. From manufacturers to technology companies, nursing homes to schools,...
Commentary: Ethanol Content's Unintended Consequences I ran across a curious anomaly last month while on vacation way Down East in Maine. A marina is selling...
APM T moves into Russia APM Terminals has spectacularly entered the Russian market by acquiring a half of Transportation Investments Holding's (N-Trans) 75% stake in Global Ports Investments ...
Denmark and Singapore to collaborate
Is the sun going down on EU-imported Chinese solar panels? The EU has launched an investigation into allegations of 'dumping' of Chinese-manufactured solar panels after a consortium of 20 leading European producers complained ...
Sappio joins Widdows at Rickmers Ron Widdows has recruited his long time business colleague at APL, Robert Sappio, to join him at the Hamburg-headquartered Rickmers Group. Rickmers owns containerships ...
DB Schenker expands in Stockholm DB Schenker is expanding the capacity of its distribution centre in Stockholm Arlandastad from 31,000 square metres to 63,000 square metres. The facility handles ...
Lessors' share of fleet will grow The latest report on the container leasing industry by London-based Drewry Maritime Research suggests that 2012 will be another good year with the rental pool of ...
Tsakos parts with vintage VLCC Tsakos Energy Navigation of Greece appears to have lined up a buyer for one of its oldest VLCCs.
Debt discussions continue CMA CGM is on track to restructuring $4bn in debt by year end but the process appears to have been delayed by discussions surrounding a potential equity injection from outside investors.
Iron ore goes bananas Freight Investor Services (FIS) says it has brokered a series of iron ore and freight options through SGX on the first day that the Singapore Exchange launched clearing for these contracts.
Interesting boring A Japanese drillship has set a new record by digging the deepest hole beneath the ocean floor.
Tenryu to Thailand Nathalin of Thailand has been linked to the purchase of a 1990s-built VLCC for $25m.
CMA CGM accelerates French liner giant CMA CGM has enjoyed a "substantial" rise in second quarter rates as it eyes a full-year profit.
Dahlman sees cape spike A fresh Chinese stimulus could boost capesize rates five-fold from basement levels, investment bank Dahlman Rose predicts.
APM makes Russia move APM Terminals has announced its intention to get a slice of the burgeoning Russian market.
Docker dies in fall A UK port worker has been killed after plunging into the cargo hold of a Japanese bulker at Hartlepool.
SwissMarine in cape buy? Peter Weernink's SwissMarine looks to have continued its capesize purchasing push.
Nowhere left to run? Sierra Leone has booted nine Iranian ships off its registry as pressure on Tehran's alleged nuclear weapons programme grows.
SFI sitting pretty A unique position in a difficult banking environment has spurred RS Platou Markets to upgrade Ship Finance International.
EMGS loses $7m gig EMGS has lost out on a $7m payday after a charter contract was cancelled.
Crewman killed by line A Filipino seaman has died after being hit by a snapped mooring cable at Terneuzen in the Netherlands.
Neu sheds mini-cape Germany's Neu Seeschiffahrt has sold off another capesize for demolition in Bangladesh.
Rowan goes fourth US owner Rowan adds a fourth ultra-deepwater drillship at Hyundai Heavy Industries.
Sale spurs Pac Basin Removal of its ro-ro headache breathed fresh life into the shares of Pacific Basin Shipping today.
Axis orders China semi Axis Offshore, the J Lauritzen and HitecVision tie-up, has ordered its first semi-submersible accommodation vessel newbuilding.
Ocean Atlas to sail The crew of a US heavy-lift vessel held in Venezuela over the presence of rifles on board could soon be free to leave.
TDW buys a pair Tidewater has picked up a pair of offshore support vessels from Fratelli d'Amato.
Cash boost for P+S Insolvent German shipyard group P+S Werften is to receive a cash injection of EUR 4m ($5.1m) to keep repairing vessels at Wolgast.
Another boxship burns Firefighters have been tackling a blaze on a German containership after it caught fire off Mumbai, India.
Seadrill eyes $1bn bond John Fredriksen-controlled Seadrill has said it will look to launch a $1bn five-year unsecured bond issue.
Flaminia reaches Germany The fire damaged MSC Flaminia has finally made it to Germany arriving off the country on Sunday evening.
Oil spill off Singapore Singapore has begun an oil spill clean-up operation after a handymax bulker and an LPG tanker collided off the city state.
NIT League: Port strike would cause big supply chain disruption The large shippers organization said a survey of its members found they anticipate "significant disruptions in their supply chains in the event of work stoppages at East and Gulf coast ports."
Numerex enters the supply chain
Former U.S. soldier pleads guilty to export violations
Ex-Im Bank: $2 billion financing for U.A.E. nuclear plant The transaction will finance the construction of the first nuclear power plant on the Arabian peninsula, which upon completion will number among the largest nuclear-generating facilities in the world.
NYK/Hapag suspend calls at Costa Rica port The suspension at Puerto Caldera comes in the wake of a massive earthquake in Costa Rica last week that has caused congestion due to the partial closure of most of the port's berthing positions
CMA CGM enjoys profitable 2Q The world's third largest liner carrier said Monday it had first-half operating profits of $104 million, aided by a $392 million operating profit in the second quarter. The line also saw large increases in revenue and volume.
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