China Eastern increases capacity to Taiwan From today (20 December), China Eastern is increasing its capacity on the Shanghai Hongqiao - Taipei (Taiwan) service by replacing the current narrow-body A321 aircraft with a wide...
Next stage of Maldon to Dombarton rail link in NSW Australia now starting The Maldon to Dombarton rail link project in NSW Australia has moved to the next stage with the awarding of contracts to Parsons Brinckerhoff and GHD for vital engineering, plannin...
Promising year end for Boeing The US aerospace giant Boeing is closing 2012 with good news. It includes the delivery of the first B777-300ER in the USA to American Airlines (11 December) and the finalization of...
Four major forwarders rate Hapag-Lloyd as best liner shipping company Four leading international forwarding companies have chosen Hamburg (Germany)-based Hapag-Lloyd as their best partner. Switzerland-based Kuehne + Nagel presented Hapag-Lloyd with t...
Zumtobel Group selects JCL Logistics as service provider JCL Logistics, a global service provider based in Austria, has gained a new client in the shape of the Zumtobel Group, a global manufacturer of lighting management systems and ligh...
United Shipping with new partner in Romania United Shipping Inc (USI), a premier worldwide association of independently owned freight forwarders and customs brokers with over 135 partner companies and 375 offices, has announ...
David Cheslin says goodbye to Coastlink David Cheslin will relinquish his chairmanship of Coastlink on 31 December 2012. He will be no longer involved in the organisation, although he will still maintain the Coastlink gr...
John Bomer joins Intermarine as special consultant to the CEO Intermarine LLC is retaining John O. Bomer as a special consultant to its CEO. His main focus will be centred on the expansion of Intermarine's Africa service. Prior to his arrival...
Bremen's ports set new record The ports of Bremen (Germany) handled around 85 million t this year (2011: 80 million t), thereby setting a new record. Some 6.3 million teu were lifted, 6.3% more than 2011. In ad...
CN signs voluntary mitigation agreement (VMA) with village of Bartlett Canadian National Railway Company (CN) has reached a voluntary mitigation agreement (VMA) with the village of Bartlett IL (USA), which is located some 35 miles northwest of downtow...
Green Freight Europe launches carbon monitoring and reporting platform Green Freight Europe (GFE), the leading independent voluntary programme for reducing carbon emissions of road freight in Europe is launching the first version of its CO2 equivalent...
Efficient outbound ore haulage with new Scania rigs The first truck-and-trailer combinations out of the total of 400 rigs that Scania will deliver to Peab have now started rolling on the roads around Northland Resources' newly opene...
NASDAQ opts to eject FreeSeas NASDAQ has decided to delist FreeSeas, although the penny-stock drybulk owner vowed today to appeal
China's steel output falls DOMESTIC steel output for building ships in China totalled 5.97M dwt in November, down by 29.4% from November 2011, the government said today
ONE's junior lenders throwing in the towel JUNIOR lenders to bankrupt Omega Navigation Enterprises have given up the fight to secure any recovery of their claims, according to a new court filing
Novatek gains ministries' gas export backing NOVATEK, the independent Russian gas producer, was reported today to have won Kremlin backing for a new gas export scheme that would end the Gazprom monopoly
Tallink lent €440M TALLINK, the Estonian ferry group, said today it will be lent €440M ($583M) to repay existing credit agreements
Vale seen paying big-bulker premium BRAZIL'S Vale reportedly spent about $158M more for transport of ore in the past 19 months on huge Valemaxes than it would have paid in using smaller Capesize bulkers
Shipping confidence rising A GRADUAL easing of overtonnaging and more scrapping are boosting shipping confidence, a survey said today
UK rejects another Dover privatisation plan DOVER'S port said today it's "a great pity" that the UK government has again rejected a scheme to privatise its facilities
Chinese groups invest in Taiwan terminal CHINA Merchants, COSCO Pacific and China Shipping Terminal have set up a venture in Hong Kong to acquire a 30% equity stake in Kao Ming Terminal in Kaohsiung, Taiwan
Tacoma Bucks Downward Volume Trend Among US West Coast Ports November continued a trend of lagging container volumes at the northern West Coast ports of Oakland, Portland and Seattle, while Tacoma's container traffic increased last month. Containerized imports in Oakland dropped 7 percent in November from the same month last year. Exports were down 8.5 percent, and total container traffic declined...
Container Yard Safety Guidelines Issued TT Club, the Port Equipment Manufacturers Association, and cargo-handling association ICHCA International have published recommended safety standards for container yard equipment in ports and container-handling facilities. The recommendations include additional safety devices and other operational changes intended to help reduce injuries and fatalities, as well as cargo, property and equipment damage. Claim...
Rapid Growth Puts Prince Rupert at Design Capacity The arrival of the Cosco Vancouver at the Port of Prince Rupert on Nov. 18 was a milestone at the 5-year-old port because the vessel carried the 500,000th container unit to be handled this year at the rapidly growing gateway 500 miles north of Vancouver. The event also sent a message...
Appointment to the Transportation Appeal Tribunal of Canada OTTAWA - The Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities, today announced the appointment of Mr. J. Ed. Macdonald to the Transportation Appeal Tribunal of Canada (TATC). He has been appointed as part time member for a four-year term. "I am pleased that Mr. Macdonald has accepted the position," said Minister Lebel....
Kuehne + Nagel Provides New Logistics Solution for Hamleys LONDON - Hamleys, one of the world's best-known retailers of toys, has extended its partnership with Kuehne + Nagel to support its expansion plans. A new logistics solution which leverages a hub operation at the Yantian Bonded Logistics Park in China, for consolidation of inbound supplier volumes, will facilitate future...
ITF Promises Support for ILA Following Talks Breakdown LONDON - The International Transport Workers' Federation (ITF) has expressed full support for its US East Coast affiliate, the International Longshoremen's Association after contract talks broke down Tuesday. The ILA has been negotiating with the United States Maritime Alliance, which represents management in ports, terminals and shipping lines. ITF President Paddy Crumlin...
New CTS Website - Announcement to Registered Users WOKING, England - As a registered user of the CTS website, we have some important news for you. Over the last few months we have been working hard on upgrading our website to meet the demands of our growing customer base. We have changed its look and introduced several...
C.R. England Names Independent Contractor of the Month for November SALT LAKE CITY - C.R. England, a Salt Lake City-based global transportation provider, has recognized Independent Contractor Angel Cruz as the Independent Contractor Driver of the Month for November 2012. "Angel is a terrific Independent Contractor," said Brandon Harrison, President -- C.R. England National and Regional Divisions. "He is diligent...
European Shippers Propose Cargo Info Plan to Stem Losses The European Shippers Council has called for improvement in the exchange of information between shippers and container carriers to diminish the loss of containers at sea. The International Maritime Organization currently deals with the loss of containers through consideration of a mandatory scheme for the weighing of containers. European shippers say...
Obama Is Warned of Serious Impact From ILA Strike A coalition of more than 100 business organizations from across the United States urged President Obama to take "immediate action" to prevent the International Longshoremen's Association from striking when its contract expires Dec. 29. The plea to the president came in a letter warning that failure to avert a coastwide strike...
Halifax Board Keeps Oldfield at Port's Helm The board of directors of Nova Scotia's Halifax Port Authority has renewed Karen Oldfield's contract as president and CEO for a five-year term, effective Jan. 1, 2013. Her new contract will expire on Dec. 31, 2017. "Ms. Oldfield and her management team have been instrumental in guiding our port through challenging...
Administration Action Urged to Prevent ILA Strike he National Retail Federation and more than 100 national and state associations today sent a letter to President Obama to urge the administration to ensure that an International Longshoremen's Association strike does not occur when the union's contract with the United States Maritime Alliance expires on Dec. 29. The coalition asked...
China on Track to Produce More Corn Than Rice China is on track to produce more corn than rough rice for the first time in history, according to the U.S. Grains Council. In its December World Agricultural Supply & Demand Estimate, the U.S. Department of Agriculture revised its projection of Chinese corn production from 200 million metric tons to 208...
ILA Strike Watch: Expect Chaos With the International Longshoremen's Association on the verge of its first Maine-to-Texas dock strike since 1977, the shipping industry and its customers are preparing for confusion and chaos. There will be plenty of both if the ILA strikes on Dec. 30, as now appears likely. Cargo interests already are cursing the ILA...
Larger Ships Prompt APL to Switch Oakland Terminals APL is completing negotiations with SSA Marine to move its Northern California vessel operations from Eagle Marine Services' Global Gateway Central container terminal to the nearby SSA terminal in Oakland. Gene Seroka, APL's president for the Americas, said the move will prepare APL for the introduction of the large 9,200-TEU capacity...
CEVA Teams With Indo Trans Logistics in Vietnam Supply chain management company CEVA Logistics has entered into a joint venture in Vietnam with longtime partner Indo Trans Logistics Group. The joint venture, named CEVA Logistics (Vietnam), allows CEVA to have a stronger freight presence in Vietnam with its local head office in Ho Chi Minh, the company said....
Crowley Announces More Management Changes Crowley Maritime Corporation today announced additional organizational realignments within its shipping and logistics team, effective Jan. 1, including the appointment of Nelly Yunta as vice president of sales, marketing and customer care, and the promotion of Pete Noyer as vice president of national accounts, reporting to Yunta. Yunta, who was most...
Yildrim Acquires RotaPort Port operator Yildirim has acquired RotaPort, a port in Korfez, Turkey, located about 80 kilometers (about 50 miles) from Istanbul. Yildirim plans to invest $200 million in RotaPort for restructuring and new equipment. Plans include moving Marmara Shipyard, located next to the port, to another location and increasing its total area...
uShip Secures $18 Million to Bolster Online Shipping Marketplace Transportation marketplace uShip.com has closed an $18 million round of Series C financing with Kleiner Perkins Caufield & Byers to extend the development, sales and marketing of uShip's commercial freight platform, mobile platform and global presence. The company also announced that Maritza Liaw, partner at KPCB, will join uShip's board of...
France Rail SNCF Fined for Anti-Competitive Behavior French competition regulators fined SNCF, the state-owned rail company, 61 million euros ($80.5 million) for preventing new companies from entering the freight market following liberalization in 2006. The Competition Authority also told SNCF to end within three years its policy of setting freight rates below operating costs for some customers. SNCF was...
CMA CGM closes in on ports sale CMA CGM is thought to be on the verge of concluding the sale of a minority stake in its ports unit to ...
DNV and GL confirm merger DET Norske Veritas and Germanischer Lloyd have confirmed they are to merge.The two leading classification societies have signed a deal today to create a new organisation ...
Liners' 'iceberg' risk That is the analogy made by 10 of the world's top 20 container lines after an analysis of 500 potential life-threatening incidents on-board boxships ...
USEC strike to cost USD1 billion a day According to the National Retail Federation, that is the estimated damage to the US economy if 15 container ports from Massachusetts to Texas are shuttered on December ...
New Year resolution: stability in liner shipping After a year of extreme volatility in container liner shipping, there is one word that sums up what both ocean carriers and shippers would wish for in 2013: stability. ...
BLT on the ropes? A vote on Berlian Laju Tanker's (BLT's) restructuring plan has been postponed until after Christmas, TradeWinds has learned.
Offshore S&P record set Offshore sale and purchase activity has set a new record in 2012, Clarksons says.
Pareto bags Viking AHTS Christen Sveaas' Viking Supply Ships has freed up cash following a sale-and-leaseback deal with Pareto.
Wartsila courts China yards Finland's Wartsila and Yuchai Marine Power Co (YCMP) are teaming up to make ship engines in Zhuhai.
Olympic order for Kleven Stig Remoy's Olympic Shipping has turned to a familiar face for its latest subsea construction vessel.
Next year will be better Carnival Corp has ended a tragic year with a strong set of fourth quarter numbers.
Ueda mourns GL "loss" Noboru Ueda, head of the world's largest marine classification society ClassNK , said he "mourns the loss" of classification society Germanischer Lloyd (GL) following its merger with Norway's Det Norske Veritas (DNV).
Ultranav makes it an octet Ultranav has signed the dotted line on a pair of handysize gas carriers at STX Offshore & Shipbuilding.
TEN's premium trio Tsakos Energy Navigation has caught a wave in the market and netted a trio of charters for ice-class tankers.
Atlantic banks more Atlantic Offshore has tied up its second fundraiser in the space of a week.
Shippers cry foul Shippers have slammed plans to hike liner shipping rates and are taking their case to Brussels.
Rem PSV renewed
DNV and GL seal merger It's third time lucky for class societies DNV and Germanischer Lloyd (GL) as the two sides have finally agreed a merger 12 years after their first attempt at a tie-up.
Island back at Ulstein Norway's Island Offshore has returned to compatriot yard Ulstein for another newbuilding.
Refugee ship finally docks A Vietnamese bulker that rescued Myanmarese migrants has finally been allowed to dock in Malaysia after Singapore turned it away.
SBM to settle up SBM Offshore is looking to put a bad job behind it once and for all with the help of a major shareholder.
Fisher offloads rail unit UK shipping group James Fisher is banking £25.5m ($41.46m) from the sale of a non-core rail subsidiary.
NYK loses A grade Japanese ratings agency R&I has cut blue-chip Japanese owner NYK's credit rating from A to A-.
TradeWinds today! It's almost Christmas so we are making the latest edition of the shipping industry's favourite newspaper available online from 13:00 GMT today.
Dae San returns to port Somali soldiers who hijacked an arrested North Korean cargoship are returning the vessel to port.
d'Amico bags eco funds d'Amico International Shipping has netted cash for newbuildings after completing its first share issue in over five years as a public company.
Japan orders bottom out Japanese shipbuilders have reported export orders in excess of 900,000-gt for the third consecutive month in November.
ShinaSB seeks new funds Struggling South Korean shipbuilder ShinaSB is eyeing new investment through a merger or a takeover as it seeks to secure its future.
IPO closer for CMA CGM French container line CMA CGM is planning an IPO in Paris by the end of 2014, earlier than expected.
Schau exits Vallianz Anders Schau has quit as chief executive of Singapore offshore vessel operator Vallianz Holdings.
Wartsila seals DSV deal Wartsila has secured the contract to supply the design for Subsea 7's diving support vessel (DSV) ordered last month.
Bunker licence cancelled Singapore has cancelled the licence of a bunker supplier after it was found to have breached the terms of the agreement.
US Senator calls for 'hybrid' approach to meet ECA Pens a proposal that would allow cruise operators in Alaska and Hawaii to burn 'existing fuel types' in remote areas.
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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