DXB's cargo facilities to undergo major expansion programme Dubai International's cargo facilities are set to undergo a major modernisation and expansion programme that will see cargo capacities increased to 3.1 million t by 2018. Over the...
American Trucking Association criticises new speed limit in Texas The American Trucking Associations (ATA), the largest US trade association for the trucking industry, has urged the Texas Transportation Commission to reverse its decision to allow...
New Renault Premium Mini-Midlift for Clugston's fuel delivery service UK-based Clugston Distribution Services has taken delivery of five new Renault Premium 460.23 mini-midlift tractor units, with an additional three trucks on order through Renault T...
Negative impacts on BLS Cargo and Lötschberg car train The private Swiss freight railway BLS Cargo reported that the strong Swiss franc and several interruptions to services have resulted in a drop in freight traffic volumes and fewer ...
Rail Freight Group awarded freight projects in UK The UK's Rail Freight Group (RFG) has announced the winners of its annual RFG Awards for 2012. The winner of the Rail Freight Project of the Year is Lafarge Cement UK for its part...
Schiphol Cargo appoints strategist Schiphol Cargo at Amsterdam airport has appointed Hendriena Ritsema as director of strategic development. She succeeds Harry Tomesen, who has retired after 30 years with the airpor...
180 breeding cows from France to Mongolia Châteauroux-Déols airport in France took on the image of a farmyard when 180 breeding cows arrived at the airport to catch a flight to Mongolia with a little help from Efis Air, pa...
MyCargo Airlines arrives at Liege Airport Following the signing of a memorandum of understanding that makes the Belgian airport of Liège the European airport of choice for MyCargo Airlines' European cargo charter operation...
GAC India to handle Chennai operations for Sarjak Container Lines GAC India has entered into an agency agreement with Mumbai-based Sarjak Container Lines to handle its operations requirements in Chennai. The development comes twelve months after...
FedEx reports positive first quarter In the first quarter or the current financial year 2012/2013, the US CEP service provider and integrator FedEx improved it sales on the corresponding prior year quarter by 3%, fro...
Wim Bosman Group opens branch in Kiev Wim Bosman Ukraine has officially launched its new operations in Kiev. The branch opening is part of the group's Eastern European strategy. Earlier this year, Wim Bosman opened bra...
DHL develops logistics facility in Sydney DHL Global Forwarding has started to build its new AUD 45.8 million (EUR 36.8 million) logistics facility in Sydney (Australia). The investment will combine DHL Global Forwarding's...
Jammed breaking yards skip new buys ALMOST no ships were sold for recycling last week, as many yards already had full capacity
Maersk might sell 13 tankers MAERSK Tankers told Fairplay it is discussing the sale of 13 of Broström's smallest product tankers
PEMEX stabilises production PEMEX has halted its production slide and is spurring more long-haul tanker business, according to Poten & Partners
Caribbean box market consolidates KING OCEAN has confirmed the acquisition of competitor Bernuth Lines, underscoring the drive for economies of scale in the Caribbean box sector
Ship shares weathering 'a bifurcation' INVESTORS in the US are remaining enthusiastic about shipping shares, even though outlooks vary markedly across maritime sectors, a shipping analyst said
Grain exports assured from Russia MOSCOW plans grain exports, the Russian Grain Union told Fairplay today, despite a Kremlin statement last week hinting a possible embargo
Höegh LNG weighs bond NORWAY'S Höegh LNG Holdings said it is weighing whether to issue a senior unsecured bond in the Oslo bond market
Finnish dockers return FINNISH dock workers returned to work this morning after closing down the country's ports all weekend
Docker safety code urged after Oz death THE DEATH of an Australian docker on a Chinese-registered bulker sparked renewed union calls today for a national safety code
Modern bulkers quit S&P market OWNERS of modern bulkers, especially Panamaxes, are withdrawing them from S&P because potential buyers are forcing prices down
NITC tankers discharge crude in Malaysia THREE of NITC's VLCCs have apparently discharged crude in floating storage units docked off Malaysia
VLCC rates firm on laycans VLCC owners are today hailing improved earnings amid higher activity for October laycans
Brittany Ferries knot loosens BRITTANY Ferries services in the Channel, which strikes halted last week, reportedly could soon restart following weekend talks
US Diesel Prices Fall for First Time in 12 Weeks The average cost of diesel in the U.S. fell for the first time in 12 weeks, dropping 4.9 cents in...
APL Executive Cleared in Dubai An APL executive stuck in Dubai for months awaiting trial on gun-smuggling charges said he has been acquitted on all...
Port Manatee Gets Federal Funding for New Locomotives Florida's Port Manatee is getting a federal grant of about $2.5 million toward two new locomotives for the port. ...
Vision, Balqon to Partner on Zero-Emissions Fuel Cell Terminal Tractor Vision Industries and Balqon have entered into a joint development agreement to build a zero-emissions hydrogen fuel cell/electric hybrid terminal...
Smith Electric Vehicles Cancels $76 Million IPO Smith Electric Vehicles withdrew a $76 million initial public offering and said it will turn to private investors for cash needed...
Chinese Container Maker Orders Four Ships China International Marine Container, the world's largest container manufacturer, is venturing into the ship-owning business after finalizing a $330 million...
SC Ports Authority's Newsome Discusses Plans for Inland Intermodal Port (Video) James Newsome, president and CEO of the South Carolina Ports Authority, discusses an inland intermodal port the agency is developing...
TNT Express Boss Steps Down Ahead of UPS Takeover The chief executive of TNT Express, Marie-Christine Lombard, is stepping down by the end of the month to pursue a...
Crocodile Escapes Container on Qantas Flight Australian airline Qantas has admitted that a crocodile was found roaming the cargo hold of one its planes last week....
Nehru Port Dockworkers Postpone Strike Labor federations representing dockworkers at the APM Terminals facility in India's Port of Jawaharlal Nehru (Nhava Sheva) have postponed an...
OOCL Launches Germany-Russia Service OOCL has launched a new intra-Europe service linking Germany and Russia. The Hong Kong-based carrier said the Scan Baltic...
Logwin Expands in India Logwin has opened a new office in India to meet rising demand for textile forwarding export services and increasing imports...
DP World Signs Contract for Third Jebel Ali Container Terminal DP World signed a contract Sunday for the construction of a third container terminal at its flagship Jebel Ali box...
Modest Peak Season Under Way This fall has brought something absent in 2011: a peak season for containerized import shipments of holiday goods. But...
Forwarders Spreading Their Wings - to Online Sales Online retail isn't a sector readily associated with freight forwarders. With their retail infrastructures and network, postal services and integrated...
Smith Electric Seeks Investors Smith Electric Vehicles is looking for a $76 million jolt to keep its electric truck business alive and growing. The...
Truckload Carriers Tackling Driver Turnover Trucking hit a troubling milestone in the second quarter when the average annualized driver turnover rate at larger truckload carriers...
Dredging Energizes Corpus Christi Timing is everything. The Port of Corpus Christi, its development long pinned on oil and container imports connected to the...
Gulf Ports Seeding Growth in Africa Most U.S. Gulf ports focus largely on trade with Asia, Europe and South America, but a late bloomer is emerging...
LA, Long Beach to Help Shape Chassis Policy The ports of Long Beach and Los Angeles want to bring owners and users of chassis together to develop an...
Ceres Develops Online Tool to Measure Footprint Shippers and other freight transportation interests looking to assess their environmental impact have a new electronic tool to filter their...
Measuring Sustainability Becomes the Norm Just how widely accepted has the business case for supply chain sustainability become? So much that as the practice matures,...
Study Touts State Infrastructure Banks Most Americans got their first exposure to infrastructure banks earlier this month when President Bill Clinton praised Chicago's new multibillion-dollar...
Freight Policy Council Off the Starting Block It's finally happening. After years of fits and starts, the Department of Transportation is moving forward in creating a national...
An Intermodal Peak Season? It's Complicated The timing and health of shipping peak season is as murky on the rails as it is on the water....
Drillship for hire Northern Offshore is seeking employment for its lone drillship following the abrupt adjournment of a contract with Vietgazprom, a joint venture between Petrovietnam and Gazprom (VGP).
Collateral damage A leading ratings agency applauded BW Group's performance in the first half Monday despite a deficit and declining asset values.
King Ocean's coup A leading US containership operator has purchased more than a dozen Caribbean shipping routes from one of its rivals.
SAM bulker held A handysize bulk carrier which only hit the water last year was the only vessel to be newly detained in the UK during August.
What spurred capes? Chartering activity on the China ore routes hit a six month high last week, Commodore Research says.
Hoegh LNG nets NOK 750m Hoegh LNG has successfully completed a fundraiser on the Oslo Stock Exchange.
Pirate drama A new Danish film is making waves by dramatising a Somali vessel hijacking with echoes of a real-life case.
Profit sharing parade Tsakos Energy Navigation is squeezing another three years out of a fixture tied to one of its suezmax tankers and a South American oil conglomerate.
Nasco slices another Nanjing Ocean Shipping (Nasco) has continued its clearout of 1980s built bulk carriers.
Brittany services halted French operator Brittany Ferries' ships remained stuck in ports on Monday due to strike action by crew.
Seadrill has SHI set fair Samsung Heavy Industries is on track to hit its full-year order target after securing a contract with Seadrill, Deutsche Bank says.
Two more VLs sold Two more 1990s-built VLCCs have been sold as the mini-S&P boom in the sector keeps on rolling.
JES takes bulker slice Chinese shipbuilder JES International appears to have taken a 30% slice in single shipowning company Great Dragon International.
DP pushes ahead DP World has reached a milestone on its way to expanding its Dubai container terminal which will allow it to receive the next generation of giant containerships.
Ravi's divine forecast Divine intervention from China and India could create the largest boom in shipping history come 2016, according to Ravi Mehrotra.
Champion in leak case Canada has launched legal proceedings against Champion Tankers of Bergen over an alleged case of oil dumping in July 2010.
Canada probes murder Canadian police are treating the death of a crewman on board a cargoship as murder.
Courage sheds again Courage Marine has continued the relentless pace of its fleet renewal with yet another sale.
Moldova under pressure US pressure group United Against Nuclear Iran (UANI) has called on Moldova to stop re-flagging Iranian vessels as other flags delist them.
Pirates raid tanker Armed robbers boarded a chemical tanker off Malaysia on Saturday, stealing cash, laptops and mobile phones before escaping.
Fugro exits seismic arena Fugro has exited the seismic sector after offloading assets in a deal tipping the scales at $1.5bn.
Teekay aframax aground A Teekay tanker has run aground off Estonia, but there has been no report of pollution.
Hoegh LNG seeks funds Hoegh LNG is the latest company to announce plans to tap the Norwegian bond market.
Seadrill back at Samsung Seadrill has returned to Samsung Heavy Industries to order up to two ultra-deepwater (UDW) drillships in a deal worth up to $1.2bn.
APL man held in Dubai An APL executive is being held in Dubai pending a trial over a gun cargo.
Demo takes a breather Ship scrapping looks to have taken a breather with a noticeable slowing of new candidates being put into the market.
13 missing in sinking A trawler has sunk off Japan after a collision with a Tamai Steamship bulker, leaving 13 men missing.
Dalian wins drillships Dalian Shipbuilding Industry Co (DSIC) has clinched a deal for up to four drillships from Norway.
Hellespont sells suezmax Hellespont Group has reportedly sold one of its suezmax tankers that was on charter to troubled Japanese shipowner Sanko.
Tsakos files $300m shelf Tsakos Energy Navigation is looking to raise fresh funds according to a financial disclosure to US regulatory authorities.
CIMC orders boxships China International Marine Container (CIMC) is set to become a shipowner after agreeing to order four containerships.
Bosses buy SIOFF stock The top brass at Siem Offshore have put their hands in their pockets to buy up stock in the subsea vessel operator.
New ship runs aground Staff at Huelin Renouf Shipping have been left with red faces after their new general cargo vessel ran aground on its maiden voyage.
Agility picks new Asia-Pacific, Europe CEOs Third party logistics services provider Agility has appointed Chris Price to CEO of its Asia Pacific operations, and Mike Bible to CEO of the European operation. Bible replaces Beat Simon who decided to depart the company.
Commentary: RFID expands with new users, uses
Far East to Boston: To have and to hold Michael A. Leone, port director at the Massachusetts Port Authority, who will retire at the end of this week, said one of his goals when he took his current job in 1998 was to attract a service between the Far East and Boston for New England shippers.
Long Beach channels funds to on-dock rail project The Long Beach Board of Harbor Commissioners last week awarded a $36.8 million construction contract for its "Green Port Gateway," a railroad project designed to enhance the South California port's capacity for on-dock rail.
Jones heads Virgin's cargo sales
Landmark adds management
New animal handling facility at JFK airport
Logwin opens Ahmedabad office
TNT Express CEO abruptly resigns
LSPs must provide innovation when outsourcing distribution
APL exec held in Dubai over alleged smuggled guns APL veteran executive Steve Dolan is reportedly being held by Dubai authorities over an alleged shipment of smuggled weapons last fall, an allegation he denied to his hometown newspaper over the weekend.
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