LA handles 9% more boxes in June Import volumes up by 6%
Containers, cruiseships, cars Southampton confirms its commitment to the three Cs with the promise of new investment
Wrangle over Liverpool state aid blocks Southampton cruise terminal ABP waits and watches to see Pier Head's potential impact
Mitsubishi plans to develop slow-speed dual-fuel engines Japanese manufacturer lays down challenge to Wärtsilä and MAN Diesel
One killed, one missing in Atlantic boxship fire Three other seafarers injured after explosion on MSC Flaminia
Tugs head to abandoned boxship MSC denies speculation of calcium hypochlorite on board
Freight forwarders in 'a lose-lose situation' on key box trades Container volumes falling but freight rates hold firm
VLGC freight rate for Middle East-Asia trade heads towards all-time high LPG cargo influx as Saudi oil production rises
Vintage VLCCs being sold for premium over scrap price Owners eager to sell 15-year-old VLCCs
Fourth special survey starts to take toll in crude tanker demolition EXCLUSIVE DATA: Average age of actively trades ships beached for breaking in 2012 falls below 20 years
Hapag-Lloyd rates to rise German line seeks increases of up to $500 per teu within next six weeks
UK ports welcome $312m state funding Money will go towards further development of Strategic Rail Freight Network
Chemical tankers offer pulse to moribund secondhand market Japan continues to offload stainless steel units amid general market slowdown
Scrap market at odds over Indian Supreme Court move Directive threatens to remove world's largest recycling centre from demolition market
Playing hardball As the failed Sanko Steamship seeks massive rate cuts, it could spell real danger for many
Ruling on Conwartime clause simplifies owners' refusal of voyage Judgment removes the need for second tier of legal test
Gujarat Pipavav Port raises $63m Funds will prepay loan and help expansion plans at India's west coast port
Kiel Canal volumes pick up Trend to larger, cost-efficient ships dominated canal traffic in first half of year
Increased piracy risk off Nigeria as Somalia improves IMB urges shipowners to see it as the first port of call for reporting incidents
DSME scraps plan to buy domestic machinery maker South Korean shipbuilder drops bid for DKME due to perceived high price
Spanish antitrust probe extends to Valencia box trucking Proceedings examine "possible anti-competitive practices" in the sector
The complex politics of climate change ICS questions IMF assertion that international transport should pay 25% of UNFCCC Green Fund
En Lagarde Shipping can never be a cash box for politicians
Fairstar yields to Dockwise buyout Both sides withdraw pending legal actions, clearing the way for tie-up that will create a major new player in oil and gas services
CSCL to post second-quarter profit China Shipping's boxshipping unit flips back into black after five quarters of losses
Logistics professionals grow gloomier Confidence index dips for third consecutive month, but sea freight forwarders are more hopeful than air cargo colleagues
K+N outperforms the market despite slowdown in volume growth Switzerland-based logistics giant says it was hit by 'weak market demand' in the Asia-Europe deepsea trades
Jaya sells two anchor handlers for $84m Singapore-listed offshore player poised to see recovery in its shipbuilding business
Fujairah oil terminal opens to bypass Strait of Hormuz First cargo is loaded at facility amid renewed Iranian threats to close strait
Bahri profits in big second-quarter rise Figure up 127% on better VLCC rates and despite 14% hike in banking costs
Search given up in fatal box ship blast SEARCHERS today gave up efforts to find a mariner missing since an explosion on a box ship killed another seafarer in the North Atlantic
Western Australia's EPA OKs Browse WESTERN Australia's Browse LNG project has received 'strict conditional' approval from the state EPA, IHS World Markets Energy reported today
Wastepaper shippers warn of crumpled sector EUROPE'S exporters of recovered paper - a major commodity in the Europe/Asia box trade - have given a bearish outlook for coming months
Scrap prices pick up, and so does breaking VLCCs and Capesizes were among the ships sold for recycling as cash buyers have started investing again
UAE loading first pipeline-tied ships ABU DHABI today began loading its first crude tankers to be supplied by a pipeline bypassing the Strait of Hormuz, IHS World Markets Energy reported
Bulker resales keep rolling THE WAVE of bulker resales is continuing to build, with Supramaxes luring the most buyer interest
Upstart Chinese ports grow the most in June CHINA'S box throughput in June showed solid growth of 8.8% to 15M teu, the China Ports Association said over the weekend
K+N freight profits slide LEADING global ocean freight forwarder Kuehne + Nagel's sea freight unit said today its EBID dropped 12% in the first six months, hit by a sting of rate hikes
VLCCs react to 'quandary' OWNERS failing to sell their older VLCCs at target prices early this year are apparently circulating them again for sale
Slow growth hits box rates BOX RATES fell across the board in the latest weekly indices, reflecting the effects of slow OECD growth on imports from Asia
Semua sells entire tanker fleet MALAYSIAN tanker group Semua has sold its entire fleet of small products and chemical tankers
J.B. Hunt Transport Profit Rises 22 Percent Intermodal trucking giant J.B. Hunt Transport Services reported an $80.5 million second quarter net profit as revenue increased 9 percent...
Federal Regulators Shut Down 'Chameleon' Trucker Federal regulators last week shut down an Alabama trucking firm identified as a "chameleon" carrier set up to evade an...
LA Container Imports Rose 6 Percent in June Containerized imports at the Port of Los Angeles increased 6 percent in June compared to June 2011, while exports were...
MSC Container Ship Ablaze in North Atlantic One of the 25 persons aboard the ship was reported missing and one has died from burns. The MSC...
Railroads Face Bigger Threat in Price-Fixing Suit The class action price-fixing lawsuit looming over the United States' four largest railroads will likely rival the attention analysts give...
US Intermodal Traffic Rises 5.6 Percent Intermodal shipments on major U.S. railroads in the week ending July 7 rose 5.6 percent year-over-year but fell 1.2 percent...
Kuehne + Nagel Profit Declined in First Half Kuehne + Nagel's net profit fell in the first half of 2012 as slowing global economic growth cut into margins...
Spot Market Truckload Volume Dipped in June Spot market truckload freight volumes dropped 2 percent in June from May but remained at record high levels, according to...
Retail Sales Fall for Third Straight Month U.S. retail sales fell for third straight month in June as consumers cut spending on goods including cars, building materials,...
Hamburg Sud Switches Australasia Calls to Charleston From Savannah The Port of Charleston got more good news last week when Hamburg Sud announced it will switch calls to Charleston...
Kerry Logistics Expands in Vietnam Kerry Logistics has opened a new 36,000 sq. ft. warehouse in Vietnam. The facility is the company's ninth in...
Volumes Remain Down for Cathay Pacific and Dragonair Cathay Pacific Airways saw month-on-month cargo volume hold steady in June, but throughput was still slower than a year earlier....
Maersk to Hike India-Europe Rates Maersk Line will impose a general rate increase on westbound shipments from India to North Europe and the Mediterranean, starting...
India Container Volume Flat in First Quarter Major state-owned ports in India, getting off to a sluggish growth trend in 2012 amid global economic uncertainties, saw container...
Natural Gas Gains As Alternative Fuel in Transportation A milestone power utilities achieved this spring should jolt transportation operators and shippers. In April, the amount of electricity generated...
On the Ocean, Regulations Drive Alternative Fuel Use For ocean shipping, unlike trucking and railroads, environmental regulation, not fuel costs, will likely drive the use of natural gas...
Commentary: CSA Clouds Motor Carrier Safety Q: I think you overreacted to the question from a motor carrier who was upset because his trucks were being...
Technology Drives Savings in Trucking Sector The trucking industry faces a number of regulatory and operational changes, but advances in information technology are helping motor carriers...
Matson Begins Operating As Standalone Company Matson Inc. is navigating its own course following the ocean carrier and logistics provider's separation from the Hawaii-based land and...
Federal Judge Dismisses Drayage Lawsuit in New Jersey A Teamsters-backed effort to have owner-operator truck drivers classified as employees instead of contractors has been dismissed by a federal...
Feds Take the Wheel on Drayage Federal and state regulators reportedly are visiting drayage company offices and requesting voluminous amounts of documentation, seeking to demonstrate the...
Transport Bill: Breaking It Down Ports Congress balked at reforming the Harbor Maintenance Trust Fund, choosing instead to say all the taxes on maritime...
Transport Bill: Congress's Road to Somewhere The surface transportation bill Congress squeezed out in late June appears to be more a deferral of hard decisions than...
US Imports Lead the Way in West Coast Growth West Coast ports entered 2012 anticipating only modest, single-digit growth in imports and exports. To date, that forecast has been...
China's Appetite for Fashion Sparks Shift in Trade After years of producing garments and luxury goods for the world, China's fashion-conscious consumer is now a major engine for...
Improved Infrastructure Would Boost Farm Exports, Economist Says If the United States is truly serious about leading the world out of its economic malaise, it should be investing...
Rails Taking Another Look at Natural Gas Engines Roughly 16 years after Burlington Northern, now BNSF Railway, took its two natural gas-powered locomotives off the tracks, railroads are...
Andy Tung appointed to WSC board Andy Tung, senior managing director of Hong Kong-based OOCL and executive director and member of the executive council of the company's parent group OOIL has been ...
K+N's profits down in H1 12 Kuehne + Nagel's profitability reduced in the first six months of the year compared to the same period last year due to declining market conditions and a fine from ...
CI Awards announces the finalists The trading environment in the container shipping industry remains exceptionally challenging with a firm focus on managing costs and protecting revenue. However, ...
Pipavav raises new capital Gujarat Pipavav Port Limited (GPPL) in which APM Terminals Pipavav (APM T Pipavav) has an approximate 43% shareholding has raised INR3.5 billion (USD63.8 million) ...
Charleston's harbour deepening speeded up by four years The US East Coast port of Charleston's Post 45 Harbour Deepening Project is expected to be completed sooner and cost less, the US Army Corps of Engineers' Charleston ...
Now oil prices could have been rigged With the Libor [the interest rate measure for lending between banks] scandal still unravelling, G20 leaders have voiced concerns about the reliability of oil prices ...
MSC Flaminia adrift after mid-Atlantic explosion At 10:07 hrs on Saturday morning Falmouth coastguard received a relayed mayday call from the 6,750TEU MSC Flaminia, approximately 1000 miles west of Cornwall en ...
Rila says USEC cargo diversion in place According to the US Retail Industry Leaders Association (Rila), several of its members have put in place contingency plans, with some already routing their cargo ...
Box blaze probe gets underway A damper has been put on theories that hazardous calcium hypochlorite - involved in many containership fires in the 1990s - could be responsible for a blaze that led to the MSC Flaminia being abandoned in the middle of the North Atlantic.
Split read on OOIL OOIL's preliminary second quarter figures have provided mixed news for the liner trade.
Cops hit Deiulemar clan Nine members of the Neapolitan shipowing dynasty have been arrested by Italy's fraud squad, according to Italian press reports.
Sasco buys again Russia's Sakhalin Shipping Company (Sasco) has snapped up another multipurpose (MPP) ship as its fleet upgrade continues.
Brawl hits Anh Son The chief engineer of a disabled Vietnamese cargoship has been injured by a colleague in a brawl in India.
Remoy orders PSV Remoy Shipping has turned to Kleven Maritime for an LNG-powered offshore support vessel newbuilding underpinned by a Statoil charter.
"No link" to bomb death Greek owner Suez Fortune Investments has dismissed claims of a link between a pirate attack on its suezmax and the killing of a UK surveyor who examined it.
Smit to the rescue Dutch salvor Smit has signed a contract to provide assistance to the fire damaged containership MSC Flamina adrift in the middle of the North Atlantic.
Rainbow chops bulker Rainbow Shipmanagement of Greece has cut its exposure to the dry-cargo market after weighing in one of its two bulkers.
Cuban's ferry nightmare Architect stuck on Russian ferry for a month after immigration mix-up.
Crewman dies in fire A crewman has died in a fire that struck a cargoship in Argentina.
Cuban's ferry nightmare A Cuban architect has been stuck on a Russian ferry for a month due to a mix-up with his immigration papers.
Mipo nets Neptune pair Neptune Lines of Greece has turned to Hyundai Mipo Dockyard with an order for two car carriers.
Two vie for Trogir Croatian tycoon Danko Koncar has re-entered the race to buy Croatia's Brodotrogir shipyard.
Fairstar ends fight The battle for control of Fairstar Heavy Transport has ended after its board unanimously recommended the takeover by Dockwise.
Navies pull back pirates Naval forces have helped restrain the success of Somali pirates in the first half of 2012, a new report shows.
Powerships to Beirut Turkey's Karadeniz group has won a $390m charter for two power station vessels to supply electricity to Lebanon.
Shell drillship breaks free A Noble drillship broke its mooring and came within 100 yards of the shore at Alaska's Aleutian islands this weekend.
PKL orders tug Ukraine's Chernomorsky Shipyard has booked a tug newbuilding from Latvia.
Ship fined for pollution The captain of a Moldavan-flagged cargoship has paid a fine after an alleged pollution incident in Georgia.
India's dirty scrap trade Dawood Ibrahim, India's most wanted man, has a major stake in the country's shipbreaking industry, while crime organizations are using scrap-bound ships to smuggle in weapons, explosives and other contraband items, claims a report in the Times of India.
Suez revenues fall Egypt's Suez Canal Authority reports that it revenue in June fell to $415.9 million from the $434.6m earned in May.
Bahri in the money Bahri, the company also known as the National Shipping Company of Saudi Arabia, credits improving market conditions for VLCCs as part of the reason its net profit for the first half of this year are 143% higher than the same period last year.
NEWSFLASH: Alaska seeks to block low-sulfur fuel reg The state of Alaska is suing the federal government over plans to prevent ships operating within 200 miles off its coastline from using fuel with more than 1 percent sulfur.
E2open prepares for IPO The filing with the SEC shows the company expecting its 4.7 million-share IPO to garner between $15 and $17 per share. This would, at its midpoint, give the company a valuation of roughly $437 million.
INSIGHT focuses on supply chain big data
Maersk launches e-finance suite The new function, the carrier calls MyFinance, allows for faster processing of disputes, the ability for customers to re-dispute, as well as raise multiple disputes. Invoices can be paid in full online 24 hours a day.
K+N says 'muted consumption' felt by 3PLs The freight forwarding giant had a profit of 279 million Swiss francs ($283 million) in the first half of 2012, 11 percent less than the 314 million Swiss francs earned in the same 2011 period.
Hamburg Süd, MSC raise U.S. rates to Oceania
MOL opens 2 new China offices
Weeks Marine expands dredge fleet
Foe heads C.H. Robinson in Europe
Port Everglades names admin director
Camelot 3PL, B2BGateway partner on EDI
Boeing fined $13.6 million for safety compliance delay The FAA has issued a preliminary civil penalty against Boeing for failing to meet a deadline to submit service instructions that would enable airlines to further reduce the risk of fuel tank explosions.
Prices slightly firmer in Fujairah Mostly firm trend seen in South African ports.
IFO prices open week firmly MGO prices were softer in North European ports.
US calls for IMO guidelines to be used for sulphur verification Fuel oil samples tested as part of a compliance inspection 'must meet the 1.00% standard' officials advise Bunkerworld.
Update of H2S test method leads to fifth edition of ISO 8217 Publication of ISO 8217:2012 expected shortly after closure and review of ballot result.
Asia IFO prices rise to kick off week Supplies of bunker fuels largely fine at key Asian ports on Monday.
Iran considers nuclear-powered commercial vessels Nuclear technology will enable vessels to travel long distance without the need to refuel, says local officials.
Hong Kong supplier welcomes new director Mikhail Mityurev appointed as director of Sea Trader International Ltd.
Saudi tanker firm doubles profit despite higher fuel costs Bahri attributes higher profit to an increase in VLCC spot rates.
General Maritime mulls listing from 2014 May re-list on the New York Stock Exchange, says CFO.
Grounded cargoship completes bunker recovery operations Long Shan now transferring cargo to another vessel, says owner.
US acceptance of North American ECA 'unconstitutional' Alaska 'seeks relief' from upcoming North American ECA for waters off its coast.
Singapore barge operator eyes growth Seeks to grow asset and expand operations beyond Singapore.
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