BNSF to invest in North Dakota and in Minnesota The US transport service provider BNSF Railway Company (BNSF), one of North America's leading freight transportation companies, plans to invest an estimated USD 86 million in ...
Icao launches first app The International Civil Aviation Organization (Icao) recently launched the iPhone and iPad app of its carbon emissions calculator. The device is an impartial and internationally ap...
Celadon Trucking Services acquires selected equipment assets from Hiner Transport Celadon Trucking Services, founded in 1985 and headquartered in Indianapolis IN (USA), has agreed to purchase a portion of the operating equipment of Hiner Transport, based in Hunt...
US trucking firm Holland receives Eastman supplier excellence award Eastman Chemical Company has presented Holland, a subsidiary of YRC Worldwide,with its 2011 supplier excellence award. This marks the sixth consecutive year that Holland has receiv...
Regular Sassnitz-Ust-Luga railroad and ferry services launched A regular railroad-ferry service between Sassnitz (Germany) and Ust-Luga (Russia) has been launched. At the launch ceremony in Sassnitz that was attended by illustrious guests incl...
New cargo cooperation between China and Germany Mitteldeutsche Flughafen AG - representing Leipzig/Halle airport (Germany) - and the Shanghai Airport Authority - representing Shanghai Pudong international airport ' have signed a...
Tunisia: Mokhtar Sadok new SNCFT central manager for main lines Mokhtar Sadok, hitherto manager of the department of communications and international relations at Tunisian Railways (SNCFT), has just been appointed central manager of the main li...
Atlas Air to add ninth B747 for DHL Express Atlas Air Worldwide Holdings, Inc, a leading global provider of outsourced aircraft and aviation operating services, has agreed to place a ninth Boeing B747-400 freighter into expr...
SDV building its first "green" warehouse in Singapore The globally active French logistics service provider SDV, a brand of Bolloré Logistics, is about to complete an impressive SGD 55 million project in the western part of Singapore,...
Ceva renews contract with Nokia Siemens Networks The SCM and logistics service provider Ceva Logistics has renewed a multi year contract with Nokia Siemens Networks, a world specialist in mobile broadband. Under the terms of the ...
FPS Lanka launches warehouse and 3PL operations Projects FPS - the recently-established project forwarding and third-party logistics arm of Famous Pacific Shipping Lanka - has launched a dedicated logistics centre incorporating ...
Zuidnatie orders seven low emission, high capacity Hyster forklift trucks After the successful introduction of two new tier 4i/stage IIIB compliant Hyster empty container handlers at the port of Antwerp, the port and logistics company Zuidnatie has inves...
What the eurozone crisis means for ship finance One player's risk is another's opportunity
India hopes against hope for Iran sanctions deferral Sovereign guarantee is the only option if EU goes ahead with insurance ban
German tramp owners hope for bunker price boost Improved earnings may boost box lines' charter demand
Two-year wait for boost to business The agreed deadlines for Ecdis systems will see a huge increase in orders, but not until 2014
Too much information? Debate continues over electronic systems' content as Ecdis deadline looms
Questions remain about onboard computer-based training Shipowners and training providers await developments at the IMO Standards of Training and Watchkeeping sub-committee meeting later this year
Scrapping will keep LNG in a party mood Without demolitions, DVB expects fleet oversupply from 2013
Good connections Youngships on a mission to get industry better understood
Ports are facing stormy weather Trade dips and Green lobbying ensure port management is not plain sailing for investors
Gambling with lives To pay or not to pay ransoms to pirates, that is the question
House of Lords probes anti-piracy progress Sub-committee to quiz witnesses about impact of armed guards
APMT closes in on China port deal Announcement due when Hu visits Denmark
FreeSeas defaults on Yangzijiang newbuilds Greece-based bulker owner misses $7.4m in payments
STX Group wins extra time to repay $231m bonds Main creditor Korea Development Bank grants one-year extension
Import growth belies dip in US demand for consumer durables Confused? You're not the only one, says Hackett Associates
MOL to cull capesizes as spot market remains weak Japanese carrier to scrap or idle up to 20 bulkers
UK MPs' debate to focus on ransom payment Foreign Affairs Committee piracy report said it would not prevent commercial ransom payment, but new task force aims to do just that
German-flag fleet continues to fall Calls to increase EU-flagged vessels fall on deaf ears
Ex-Lufthansa boss joins Hapag-Lloyd board Weber succeeds Frenzel as chairman
Opec mulls oil supply cut Too much oil? Give us more!
MOL removing 10-20 Capesize bulkers MOL TOLD Fairplay today it has decided to scrap or place in cold lay-up 10-20 Capesize bulkers in hope of returning freight rates to positive territory
NYK seeks $503M while posting losses NYK, JAPAN'S second-biggest shipowner, said it plans to raise ¥40Bn ($503M) from corporate bonds
Brittany Ferries to cut back CHANNEL ferry operator Brittany Ferries has said it needs to cut its wage bill and other costs to address financial problems that have built for the past four years
ITF urges disarming mariners in Asia Pacific THE ITF today called for seafarers to be disarmed aboard ships transiting Asia Pacific
Bodouroglou pays up BOX SHIPS boss Michael Bodouroglou has personally purchased $40M in preferred shares to facilitate the acquisition of two container vessels
Older feeder fetches premium INDONESIA'S feeder operator PT Meratus Line has apparently paid a firm $6.1M for a 1997-built, 1,157teu box feeder, brokers told Fairplay today
Drybulk port snarls worsen GROWING vessel queues in Newcastle and in major iron ore ports have resulted in congestion increasing to the worst snarls since mid-April
Gloom builds for European shortsea sector DAILY earnings for coasters and mini-bulkers in European shortsea trades are still dropping due to sluggish spot cargo fixing, brokers said today
Cargotec warns on profits FINLAND'S Cargotec said today to lower operating results in its terminals unit have forced it to issue a warning on profits
Asia/Latin box route shuffled GERMAN box line Hamburg Süd today announced a joint service expansion on routes from Asia to Mexico and the West Coast South America
'K' Line, Noble starting JV Capesize pool 'K' LINE told Fairplay today it will start a Capesize pool with Noble Chartering, the drybulk chartering arm of Hong Kong's commodity trading group Noble
Dutch reject armed guards NETHERLANDS has ruled out allowing armed ship guards on its fleet of vessels passing the piracy-prone waters of East and West Africa
Offer for Fairstar extended DOCKWISE said today it has extended its offer for Fairstar Heavy Transport by three days to 15 June
Alcyon Capesize fixed at big loss AN ALCYON-owned Capesize bulker has been fixed at a loss, reflecting the freight market's continuing downtrend
Truckload Rates Flat in May, Intermodal Pricing Rises Truckload rates shifted into lower gear in May, rising only 5 percent from a year ago and staying basically flat...
CSAV Secures Financing for New Ships CSAV said it secured a $90 million 12-year loan from Germany's DVB bank to complete the financing of the...
APM Terminals to Unveil $500 Million China Deal APM Terminals, the global ports operator, is set to unveil an investment of more than $500 million in a new...
Shippers See Trouble as Truck Capacity Tightens As trucking capacity tightens, shippers are increasingly concerned about their ability to get goods to customers on time, logistics executives...
Global Semiconductor Sales Give Air Cargo Carriers April Boost The ailing global air cargo industry got a little help from the semiconductor sector in April, as international sales of...
APM Terminals Orders Bromma Spreaders for Maasvlakte II APM Terminals, on a crane-buying spree, Tuesday ordered 31 ship-to-shore spreaders from Stockholm-based Bromma for cranes at its container terminal...
Box Ships Buys Two Container Vessels from OOCL Greece's Box Ships Inc. has bought two post-Panamax container vessels from Orient Overseas Container Line for $62.3 million, which the...
Five Carriers Reconfigure Peak Asia-Latin America Slings Five carriers announced plans to reconfigure the slings of their joint service to meet peak-season demand on the trade between...
China Could Seize EU Aircraft in Escalating Emissions Row China has warned it might impound European aircraft if the European Union penalizes its carriers for not complying with its...
Logistics Costs Rose 6.6 Percent Last Year U.S. business logistics costs rose 6.6 percent last year as companies spent more on transportation and inventory in a gradually...
Descartes to Acquire IES Descartes Systems Group said it will acquire substantially all of the assets of Integrated Export Systems and IES Asia for...
Peak Surcharge Fuels 20 Percent Jump in Trans-Pacific Rates Average spot rates on the eastbound trans-Pacific trade surged 20 percent this week as carriers put a peak-season surcharge into...
ANA, JAL See Growth in International Cargo Volumes Japan's All Nippon Airways Co. said that its international cargo volume grew for the third consecutive month in April on...
MSC to Raise Rates on Asia-Europe Trade Mediterranean Shipping Company has joined other liner operators in seeking a general rate increase July 1 on Asia-Europe services. ...
Will your containers arrive in time for Christmas? The jovial attendant announced that your flight had arrived ahead of schedule at London's Heathrow Airport; but here you are, almost two hours after disembarking ...
Mothballed box fleet levelling off At 483,000 slots for 225 ships - according to the latest report from Alphaliner - the number of idled container ships would appear to have reached a plateau after ...
London CT appoints CMC as IT partner The London Container Terminal [LCT] - the newly merged operation of Tilbury Container Services [TCS] and the old Short Sea Container Terminal at the River Thames- ...
Kerry gets a grip in Thailand Hong Kong-headquartered Kerry Logistics has won a major new contract to manage the warehouse storage and management, local transportation and express distribution ...
Davidson: 'its all about the right capacity' Addressing the TOC Container Supply Chain: Europe conference in Antwerp yesterday, Neil Davidson, senior advisor - ports at London-based Drewry Shipping Consultants, ...
TOC: Emerging markets offer the best prospects Speakers at the TOC Container Supply Chain: Europe conference in Antwerp, which opened yesterday, appeared confident that a series of new dynamics taking shape ...
World Bank: euro jitters hitting global growth The latest report from the Washington-based The World Bank, warns that fears about the eurozone have 'reduced investors' tolerance for risk' and it has further ...
APM T selects Cargotec for Massvlakte 11 APM Terminals (APM T) has signed a contract with Tampere, Finland-based Cargotec for eight super post-panamax ship-to-shore gantry cranes and two quay ...
Maersk unit plots Chinese port APM Terminals due to unveil location of new $500m container facility during Hu Jintao's visit to Denmark.
Boyden blesses TEU splash Global Hunter equity guru says OOCL deal and Bodouroglou bankroll look attractive given cash crunch in Europe.
Oslo IPO in the works Mysterious shipping company crawls out from the shadows with plot to take control of ten Turkish crude carriers.
Pak leads the pack Clarkson Capital grabs bull by the horns in a bid to beat rivals as analyst launches coverage of Maersk and four Asian carriers.
Car trouble for Nikitin Novoship trial hears how Russian shipowner's dodgy commission deals were referred to in coded emails as "extras" for car stereos and leather seats.
Weernink makes it three SwissMarine grabs its third capesize on term in as many weeks, brokers say.
Courage scraps namesake Hsu Chih Chien-led owner sends one of its last two panamax bulkers to the breakers yard.
OCBC mulls STX conundrum Unusual number of leaks and rumours surrounding Fincantieri move for Singapore-listed shipbuilder, analyst says.
CSSC to raise $1bn Chinese shipbuilding titan to raise $1bn from sale of 10-year notes.
Bodouroglou funds Box buy New York-listed owner's boss snaps up $40m of share warrants to provide cash to complete OOCL vessel deal.
Descartes to buy IES Descartes acquires software-as-a-service provider IES in a $35 million deal to expand reach in Asia and product portfolio for intermediaries in the latest significant acquisition for the logistics software developer
MSC truncates USEC-Panama feeder again Mediterranean Shipping Co. pulls a call at Cristobal on its U.S. East Coast/Panama feeder after shortening the service's rotation in February, with the round trip voyages cut from 21 to 14 days.
SDV building "green" warehouse in Singapore
Box Ships acquires, leases back two OOCL ships
New chairman for Hapag-Lloyd Hapag-Lloyd brings in new chairman Jürgen Weber in a planned move as former chairman Michael Frenzel, chairman of tourism giant TUI, steps away in TUI's continued divestment from the German container line
MOL adds intermodal on-time transit metric
DHL adds 747 jet to trans-Pac network
Maersk suspends fog surcharge
AFS and CHD partner on supply chain visibility
APM Terminals orders quay canes for Dutch terminal
Prospects look good for stalled cold ironing project 'The environmental impacts to the local community are real,' says port authority executive director.
IFO prices firm in Fujairah Good avails in Middle East bunker hub.
European bunker prices show little movement Bunker prices were moving within relatively tight margins
More predictions of boost to cruise line profits Analysts reiterate 'buy' ratings as bunker prices soften.
Forum to help players prepare for North American ECA Tacoma event to hear from enforcement agencies and expert panels sharing experiences gained from ECAs in Europe.
Fuel efficiency is driver behind 'greener' operations 'Customer demand' has no role in cutting emissions.
Mixed price movements in Asian markets Supplies of bunker fuels fine at major ports in Asia.
ATB vessel makes first fuel delivery to Cuban US naval base Articulated tug-barge vessels feature advanced safety features and 'best achievable technology available today', says Crowley.
Singapore May bunker sales at record high Higher bunker sales come amid higher vessel arrivals and lower bunker prices.
Hong Kong, Macao to study use of low sulphur fuel Regulations would apply to vessels at berth.
South Korean trader expands bunkering ops STX Corporation leases two storage tanks with total capacity of about 24,000 mt at Pyeongtaek.
Bunker tanker owner in red Shipping markets 'remain very difficult' on weak freight rates and high fuel costs, says Yujin chairman.
WFS quarterly cash dividend stable Set to issue cash dividend to shareholders on July 6, 2012.
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