New IT system at Tilbury Forth Ports has announced that Mumbai-based CMC will be its IT partner for the newly-acquired London Container Terminal (LCT). Forth Ports said LCT would handle in excess of 500,00...
Bulgaria's Freight Services formally on privatization table The Bulgarian government intends to complete the sale of BDZ Freight Services - the only profitable division of the state railways BDZ - this year, according to various newspapers ...
FTA welcomed new Northern Ireland goods vehicle licensing legislation The Freight Transport Association (FTA) welcomed the news that the goods vehicles licensing of operators transport bill has been passed by the Northern Ireland Assembly. The legisl...
IRU calls for x-ray scanning certificate The International Road Transport Union (IRU) has called for the development of an x-ray scanning certificate at the presentation of the results of a scientific study on x-ray scann...
Sale of CP Carga announced The Portuguese government has announced the sale of CP Carga, the railfreight division of the Portuguese railway. The privatisation is a condition of Portugal's bailout by th...
Goodman opens new office in Hamburg Goodman, an international logistics real estate provider, has reinforced its presence in northern Germany by opening a new branch office in the logistics metropolis Hamburg. The go...
Trinity Mirror plc renews five year contract with Ceva The SCM and logistics service provider Ceva Logistics has renewed a five year multi-million euro contract to provide delivery services for Trinity Mirror plc, one of the UK's large...
Chronopost opens new logistics facility in South of France Chronopost, the express unit of the French postal operator La Poste, has opened a new 750 sqm logistics facility in the Var area of the French Riviera. The new EUR 350,000 platform...
Russia and Scandinavian countries to create new connections Russia and Denmark, Norway and Sweden are developing a new bilateral agreement without restriction on cargo services. Russian authorities want approval to operate flights to Oslo,...
Liege Airport receives airport carbon accreditation Belgium's leading cargo airport at Liege has received level 1 airport carbon accreditation certification (ACA) for 2010. ACA is a certification programme with four levels, pioneere...
MASkargo fined in Australia The Federal Court of Australia made orders consistent with an agreement between Malaysia Airlines, MASkargo and the Australian competition and...
BBL Group appoints new director for Ile de France The French BBL Group appointed Stuart Spence as new director for the region Ile de France, effective 11 June 2012. Spence first spent 17 years working for Frans Maas (DSV) in Great...
Andrea Hämmerle joins SBB board of directors Member of parliament Andrea Hämmerle was elected to the Swiss national railway's board of directors at the company's recent annual general meeting. H'mmerle was the MP for canton G...
Greek owners smiling again after election GREEK shipowners will today be welcoming the close win of the pro-bailout party New Democracy in national elections
Owners sell to breakers despite 'dire numbers' FALLING recycling prices are not deterring owners from pressing ahead with demolishing ageing ships, even as the market turns against cash buyers
Silversea buys into Galapagos MONACO'S Silversea Cruises confirmed today it has expanded its expedition fleet with the purchase of a Galapagos tourism company and its vessel, Galapagos Explorer II
'Underlying weakening' warned for box ships OWNERS of chartered box ships are bracing themselves today for an early summer lull related to a drop in enquiry and tonnage availability
Chinese crude sourcing lifts VLCC rates VLCC EARNINGS will be supported in 1H2012 by China's growing practice of sourcing crude imports from farther afield, a tanker consultancy has predicted
Dockwise holds 60% of Fairstar's shares DOCKWISE said today it now controls about 60% of the shares and 40% of the bonds issued by Fairstar Heavy Transport
Panamax pain predicted PANAMAX bulker rates are likely to feel more pressure once the current South American grain season tapers off, US drybulk consultancy Commodore Research has warned
NYK takes Wheatstone stake in Australia NYK LINE, Japan's second-biggest shipowner, has formed a consortium with Mitsubishi Corp and Tokyo Electric Power to take a stake in Western Australia's Wheatstone LNG project
Comarit lifeline revealed THE CEO and chairman the debt-stricken Moroccan ferry company Comarit-Comanav has told employees that an investment fund is about to invest €40M ($50.57M) in the business
Odfjell said to join LPG sector BROKERS told Fairplay today Norway's Odfjell has reportedly entered the LPG sector by acquiring two ethylene carriers from Indonesia's Berlian Laju Tanker
South Carolina OKs $146.9 Million for Port Investments The South Carolina State Ports Authority approved $146.9 million in capital spending during its fiscal year beginning July 1 and...
Container Lines Want IMO to Require Weighing of Laden Containers Container line, labor and terminal operator groups, along with the Danish, Dutch and U.S. governments, want the International Maritime Organization...
Report: Forwarder Phoenix International Considering Sale Forwarder Phoenix International could be the latest company to get swept into a recent whirl of merger and acquisition activity,...
Shipowners Urge Chile to Keep Antitrust Immunity The International Chamber of Shipping urged Chile to continue to allow ocean carriers to cooperate in rate-setting conferences and consortia....
EU Regulators Investigate Deutsche Bahn European Union trust busters are investigating whether Deutsche Bahn, Germany's state-owned railway, is discriminating against its private rivals in the...
Concerns Over Freight Rate Slump Are Overstated, Analyst Says Concerns over a slump in container freight rates are overstated because lines are desperate to avoid a rate war and...
HKIA Sees First Growth in 14 Months Freight volumes handled at Hong Kong International Airport in May saw year-over-year growth for the first time since March 2011....
NLRB Targets ILWU at Portland The National Labor Relations Board's regional director filed an unfair-labor-practices charge against the International Longshore and Warehouse Union, saying the...
Economist Sees US Economy in Retreat To Lakshman Achuthan, the question isn't whether the U.S. economy is sliding toward a new recession, but when one will...
CREATE Untangles Chicago's Rail Freight Snarls As a developer of warehouse and distribution space in the Chicago area, CenterPoint Properties knows firsthand why the Chicago Region...
Carriers Strategize to Fill Empties Inland With Export Cargoes When APL books an import load from Asia to an inland destination such as Chicago, Dallas or Kansas City, the...
100 Percent Scanning Mandate Gets Reprieve U.S. importers are learning just how hard it is to kill federal regulation, even when the agency in charge of...
Transport Bill Fate Tied to Elections The results of the November elections likely will have more impact on the surface transport bill than the next five...
Threat of Fractured Eurozone Threatens World Economy The fate of the U.S. economy this year may depend less on world leaders gathering in Mexico this week to...
Though Imports Fell in April, Growth Is Forecast for Year U.S. containerized imports in April fell 2 percent from a year earlier as slowing economic expansion reduced demand for consumer...
Commentary: Compromise Needed to Ease Port Labor Pains Q: I've been reading about problems in negotiations between East and Gulf Coast port operators and the International Longshoremen's Association....
Commentary: Liner Job Losses: As Real As It Gets Many of us read with interest the financial results of ocean carriers and wonder, "Wow, how can they keep doing...
Logistics, Like Economy, on Slow, Winding Road to Recovery, Report Finds U.S. business logistics costs rose at a slower rate last year than in 2010, but remained well below their pre-recession...
DP World Thinks Big in Its Investment Strategy Don't look for DP World to build or buy new container terminals in the United States anytime soon. That's not...
CG Railway Finds Right Fit in Short-Sea Shipping Through all its fits and starts, perhaps no other North American intermodal service has been discounted quite like short-sea shipping...
Gulf Ports' Growth Compass Points North-South Strong growth in trade between the U.S. Gulf region and the Caribbean, Central and South America is more than making...
Commentary: Customs, Importers in a Bind Over Bonds A surety company that's a big player in the Customs bond market recently sent a notice reminding customs brokers that...
Safmarine starts NOR drive While the increase in perishable products transported by container has generally been good for ocean carriers, the one-directional nature of most reefer trades ...
US and EAC sign new trade deal The Arusha (Tanzania)-based East African Community (EAC) and the US Government have signed a new agreement that they hope will further boost trade and investment ...
SCFI shows Middle East and ECSA strength The latest weekly indices published by the Shanghai Containerized Freight Index (SCFI) reveal that spot rates are soaring on the Shanghai-Dubai and Shanghai-Santos ...
Singapore regains ground on Shanghai The Southeast Asia port of Singapore posted its best monthly container throughput numbers in over five years in May - hitting 2.79 million TEU, which is an 8.6% ...
Fog clears for Maersk shippers Maersk has announced that it is suspending its Qingdao fog surcharge which was launched on June 5, 2012 'until further notice'. The decision will be welcomed by ...
Abidjan to get second container terminal The Port Authority of Abidjan, Cote d'Ivoire, has opened its bidding process for the construction of a new container terminal in the country's largest port. The ...
Greek 'yes' vote buys time for euro The win by the pro-bailout New Democracy party in the re-run Greek elections yesterday has temporarily taken the heat off the embattled eurozone with stock markets ...
Ireland posts third-largest EU surplus The Republic of Ireland's export-led recovery appears to be working as it recorded the third-largest trading surplus in the European Union in April at EUR10.3 (USD13) ...
FDA urges removal of South Korean shellfish The agency urges the country's food distributors, retailers, and food service operators to remove from sale or service all fresh, frozen, canned, and processed oysters, clams, mussels, and whole and roe-on scallops imported from South Korea.
WTO steel decision favors U.S. The World Trade Organization on Friday ruled in favor of the United States in a dispute involving China's imposition of antidumping and countervailing duties on grain-oriented flat-rolled electrical steel (GOES) from the United States.
READER'S COMMENT: CMA CGM, France's distinctive global line
MOL mostly meets KPI targets in May
CaroTrans opens Le Havre office
Hanjin Logistics starts venture in Istanbul Over the next five years, the logistics arm of Hanjin Shipping said it plans to expand its network aggressively in other regions, such as Central Asia, Africa and South America.
Hanjin frets over proposed Virginia ports takeover
DHL opens Mumbai life sciences warehouse
Canada, Michigan advance new Detroit bridge plan After years of planning and negotiation, the Canadian government and the state of Michigan on Friday announced they had agreed to collaborate on the construction of a new $950 million, six-lane bridge connecting Windsor, Ontario and Detroit.
Emulsifier inventor promises huge emission reductions Product allows mixing HFO with up to 50% seawater, creating emulsion fuel that virtually eliminates PM and reduces NOx, inventor tells Bunkerworld.
Bunker prices falling in Fujairah Prices firm in South Africa.
IFO prices soften in Rotterdam Mixed price movements in European ports.
Supplies 'run dry' in Chittagong Player claims that product has been 'improperly diverted' to other users.
Reports of bunker spill in Algeciras Gibraltar says offers of help have been refused.
Estonian player sees profit and revenue fall Shipping company posts loss against background of weak charter market and high bunker costs.
Bunker prices falling in Singapore Hong Kong deliveries could be affected by typhoon.
MOL disposes two vessels with bunkers onboard Vessels sent to breakers with bunkers onboard in attempt to cut losses amidst falling fuel prices and lack of cargoes, says GMS.
South China fuel oil imports to remain stable in June Fuel oil imports heading for the bonded bunker market.
International sectors 'could learn' from IMO Government support for IMO 'vital' and should be one of the main outcomes of the Rio+20 Summit, says ICS.
'Frustration' for VLCC owners even as bunker prices fall Spot worldscale rates 'falling even faster' than bunker prices, says Gibson.
Taiwanese shipping firm to return to profit in 2012 Outlook for containership sector improving as overcapacity eases and bunker costs fall.
Europe's first hybrid retrofit offically launched Rotterdam 'proud owner' of RT Adriaan, says the city's vice mayor.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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