New Congolese airline starts operations FlyCongo, a new airline based in the Democratic Republic of the Congo, began services to Johannesburg today, with a twice weekly Boeing B767-200ER Kinshasa-Lubumbashi-Johannesburg ...
Transaero to serve Paris The Russian carrier Transaero is set to launch a daily service to Paris Orly on 27 July. Two out of seven weekly services will operate from Moscow Domodedovo, while the remaining f...
Elvis launches first system network for part loads in Germany The German entity Elvis Teilladungssystem has opened its first part-load hub in Knüllwald (Germany). The investment volume amounts to EUR 6 million. 63 freight forwarders will exch...
Stadler braves the euro crisis The last year has been largely dominated by the falling euro and the EU debt crisis for the Swiss company Stadler Rail, based in Bussnang (Switzerland). Thanks to high levels of or...
Russian Railways transported more freight Russian Railways exceeded its May freight loading plan by 0.9%, primarily due to lower-revenue freight such as coal, construction materials, industrial raw materials and moulded ma...
Hugo Trumpy new Sea Sands Shipping agency The Italian shipping agent Hugo Trumpy, which is headquartered in Genoa, now represents the Dubai-based Emirati NVOCC Sea Sands Shipping exclusively in Italy, Belgium and the Nethe...
German railway wagon body elects new chairman The members' assembly of the German private railway wagon industry association (Vereinigung der Privatgüterwagen-Interessenten VPI, which has more than 140 members) unanimously el...
Air New Zealand names next CEO Air New Zealand has appointed Christopher Luxon as its next CEO. Chairman John Palmer said that Luxon will take over from CEO Rob Fyfe in December. Luxon is presently group general...
New road safety database for Latin America and the Caribbean The International Transport Forum at the OECD, the World Bank, the interior ministries of Spain and Argentina, and the Mexican health ministry unveiled an effective road initiative...
Boeing delivers another C-17 to UAE Boeing delivered the sixth C-17 Globemaster III to the Air Force and Air Defence of the United Arab Emirates earlier this month at the company's Long Beach assembly facility. The d...
Rieck Logistik group improved sales figure in 2011 The Rieck Logistik group, which is based in Grossbeeren near Berlin, was again able to increase its sales last year, reporting a figure of just under EUR 150 million in 2011, compa...
Océ Belgium signs contract with Yusen Logistics Benelux Yusen Logistics Benelux has been awarded a contract by Océ to provide final mile transportation, warehousing and dust-off activities for copying-machines and large format printers ...
Van der Vlist Transport Group receives AEO certification The Van der Vlist Transport Group has announced that it has been approved as an authorised economic operator (AEO), with the official certification by the Dutch customs authorities...
Put profit over volume, Maersk tells trade managers World number one container line strives to deliver better returns for the group
Rebuilding balance sheets a priority for all container lines Industry cannot afford a third price collapse, say experts
ABN Amro returns to New York Key appointment gives Dutch bank renewed US ship lending presence
DHT reverse stock split proposal flops Tanker company remains at risk of being delisted from New York Stock Exchange in dismal market for tanker equities
China offers solid LNG prospects Domestic shale gas reserves unlikely to erode mid-term seaborne imports
Posidonia defeats the gloom mongers Fewer newbuilding contracts signed, but the Posidonia parties and exhibition were as big as ever
Stolt-Nielsen takes steps to consolidate large LPG market Third partner is allowed to enter joint venture
Taiwan dry bulk firm lands panamax bargain Sincere Navigation orders two newbuildings in Shanghai
Box lines set sights on July 1 increase Carriers seek to raise Asia-Europe rates after June wobble
Boxship charter activity muted as summer lull sets in Sentiment is still better for larger vessels rather than smaller ones
Brussels investigates funding for Marseille-Corsica ferries Competition probe targets SNCM and CMN
Owners increase lay-ups of small boxships But idle capacity falls as larger ships return to service
Carrier reluctance and 'education' remain obstacles for box swaps But industry's desire to learn more about the concept is increasing, CFDA conference is told
Pirate attacks fall but seafarer deaths triple Dubai conference pushes public-private co-operation
Eurotunnel poised to receive ex-SeaFrance ferries First ro-pax could enter service on Dover-Calais route by mid-August
Hyundai Glovis to order three car carriers Korea logistics firm will add newbuildings to its fleet
Navios plans $88m bond placement Five-year notes to be secured by mortgages on 17 bulk carriers
Industry shocked by Commerzbank move Ship finance withdrawal comes weeks after bank pledged to continue to lend
Commerzbank to exit ship financing UPDATED: Second largest German lender changes mind on shipping
Commerzbank bows out German exit nudges the industry towards Asian ship finance
Targeting Tehran A sensible approach to sanctions is in everyone's best interests
Nanjing Tanker borrows $63m to repay debts Two of its vessels pledged as security for the loan
Component firms inject funds into P+S New optimism as troubled yard pledges autumn delivery for Scandlines ferries
CNOOC forges ahead with LNG carriers China's largest offshore oil and gas producer buys stakes in five Chinese-made LNG carriers
Claimants line up against Rena losses Business owners' joint lawsuit could be New Zealand's biggest environmental claim
LNG industry calls for new pricing structure 'Growing appetite' developing for prices not linked to oil, Informa LNG Global Congress is told
Commerzbank weaknesses identified earlier Nomura analyst pointed to problems back in March
Iran plans to start LNG exports next year International sanctions against Islamic Republic's oil industry make a move into gas controversial
Korean Registry of Shipping urged to halt Iran certification US lobby warns register not to fill class society 'vacuum'
Design flaws partly responsible for Costa Concordia casualties, claims lawsuit Lawyer calls cruiseships "floating coffins"
DHT delist risk intensifies NYSE-listed tanker owner DHT fell short in yesterday's vote on a reverse stock split and was forced to adjourn its annual general meeting until 5 July
US warns shipowners on ECA compliance FUEL COST will not be considered by US authorities in determining whether vessel operators are attempting to comply with new cleaner-burning fuel oil standards that go into force in North America on 1 August
Lobbying campaign targets KRS THE Korean Register of Shipping is the latest class society to be publicly pressured by New York-based United Against Nuclear Iran
EC investigates Corsica ferry subsidies The European Commission today announced that it was opening an investigation into subsidies received by French operators SNCM and CMN for operating the public service ferry concession between the French mainland and Corsica
Beijing believes in global recovery FOREIGN trade can reach Beijing's growth target of 10% this year, despite global problems, according to a spokesperson at China's Ministry of Commerce
Shipping confidence levels improve CONFIDENCE levels in the shipping industry have reached their highest levels since 2011, according to the latest survey from accountants Moore Stephens, published today
Rain in China disrupts coal demand HEAVY rains in south China continue to be a boon to the country's power generation
ICS opposes new Mozambique route THE INTERNATIONAL Chamber of Shipping (ICS) has warned that a proposal to create a new 1,000 mile-long recommended route for ships using the Mozambique Channel will increase the risk of collision there
US Global Trade Forecast to Grow 4.7 Percent U.S.-based companies' imports and exports will rise 4.7 percent annually during the next 15 years, led by exports to feed...
Three to Receive AOTOS Awards in October The United Seamen's Service will present the 2012 Admiral of the Ocean Sea Awards to Niels M. Johnsen of International...
ATA to Hold Natural Gas Summit The American Trucking Associations will hold its first-ever conference in late November on the opportunities burgeoning natural gas production could...
City's Bankruptcy Won't Affect Port of Stockton Stockton is poised to become the largest U.S. city ever to declare bankruptcy, but the city's legal filing will have...
Congress on Brink of Transport Bill Compromise Congress appears to be on track to reach an agreement by late Wednesday over the long-delayed surface transportation bill that...
Global Slowdown Threatens U.S. Export Gains, ITA Chief Says A key U.S. trade official lashed out at the declining state of U.S. transportation infrastructure Wednesday, saying "we can and...
Air Cargo Industry Faces Overcapacity Threat There is growing evidence the air cargo industry is heading for a state of overcapacity that threatens to ground more...
Yildirim Holding President Discusses Plan to Invest Further in CMA CGM (Video) Robert Yildirim, co-owner with his brother of the private Turkish investment group, talks about why he believes their investment in...
Stowaways Suspected in Container at Port Newark Federal and local authorities are investigating apparent stowaways inside a shipping container on the CMA CGM chartered container ship Ville...
APL, "K" Line, OOCL Share Top Spot in AgTC Survey The Agriculture Transportation Coalition said APL, "K" Line and OOCL shared the top ranking in the organization's seventh annual carrier...
Customs Strikes Disrupt Brazil Imports Strikes by Brazilian customs officers are disrupting ports and slowing clearance of imports, maritime services provider Inchcape Shipping Services reports....
Shipping Industry Confidence Rises for Fourth Quarter in a Row Overall confidence levels in the shipping industry, including the container ship market, increased in the three months ended May 2012,...
Kerry Opens Expanded Logistics Facility in Thailand Kerry Logistics has opened its newly expanded automotive logistics facility at Laem Chabang, Thailand. The facility is located in...
Hong Kong International Airport Posts Record Financials Hong Kong International Airport saw profits and revenue both reach record highs in the year ended March 31 despite bearish...
K+N Australia to Manage Logistics for Corning Cable Kuehne + Nagel Australia has signed a logistics contract with a leading provider of fiber optic and copper product solutions...
Nehru Port Strike Postponed Labor federations representing dockworkers at the APM Terminals Mumbai in India's Port of Nhava Sheva (Jawaharlal Nehru) have postponed an...
APM T will keep its existing Rotterdam terminal APM Terminals is to keep its existing Massvlakte terminal when its new automated 2.8 million TEU capacity facility opens in late 2014.Frank Tazelaar, managing director ...
Drewry promotes Index Linked contracts Drewry Shipping Consultants and World Container Index recommend that those shippers not already using index linked ocean freight agreements to stabilise prices ...
HS to take delivery of final Santa-class vessel Hamburg Sud will shortly take delivery of its tenth and last Santa-class vessel of 7,100TEU. The ship is also the final unit in a series of 30 vessels that have ...
Industry embraces coalition push for container weighing Reaction to the news that a coalition of government, industry and labour unions have teamed up to present a proposal that all containers be weighed before they ...
Scottish whisky shippers turn to rail DB Schenker Rail has started a new rail service between Mossend (Scotland) and Wroclaw (Poland). Thousands of bottles of whisky now move in intermodal containers ...
Nestle to invest in new Dubai facility Nestle Middle East is to invest an estimated AED500 million in a new manufacturing and distribution base in Dubai and has signed a partnership arrangement with ...
UAE conference on piracy opens The human and economic cost of maritime piracy and finding more effective regional responses in dealing with it are the main topics being discussed at the second ...
US and South Africa sign new TIFA The South African and US Governments have signed a new trade and investment framework agreement (TIFA) that they hope will stimulate imports and exports while enhancing ...
Military Sealift Command adds seafarer jobs The outlook for most of the deep water U.S. Merchant Marine may not be rosy, but John Thackrah, executive director of the Military Sealift Command, said his organization is ",growing.",
Customs strike could slam Brazil ports "Industrial action of varying lengths and degrees has already affected normal port operations in the majority of Brazil's major ports including Santos, Paranagua, Salvador, Manaus, Santarem, Santana and Itacoatiara,", Inchcape said in the notice.
Washington Notebook: Commerce readies supply chain advisory group
Williamson appointed ITC chairman
Richmond port using Navis
DLA focuses more on fully loaded containers
FMC reviews 14 OTI license applications
APL lets go 3 North America veterans The three executives are George Hearn, Ted Fordney, and Earl Agron. Hearn was most recently vice president of APL's eastern U.S. region, while Fordney was vice president of the U.S. central region. Agron was vice president of security and environment.
MSC says some Europe-Asia service ships fully booked
Maersk Line Ltd. looks to acquire 3PSC Maersk Line, Limited (MLL), the U.S.-flag shipping arm of the A.P. Moller-Maersk Group, said it has entered into a letter of intent with the owners of Cape Canaveral, Fla.-based 3PSC to buy the company.
Prices still showing little movement in Middle East hub Suez prices soften.
Prices firming in European bunker markets Rotterdam: Some players fully booked until Monday.
Confidence 'growing' among industry players 'The ultimate squeeze comes from the cost of bunkers,' says survey respondent
Lubmarine expands its network Lube supplier opens supply hub in Denmark.
Oil products terminal for UK south coast 'Coryton site is of exceptional value as an import terminal because of its location,' says UK minister.
IFO prices largely stable at key Asian ports Supplies of bunker fuels fine at major ports in Asia on Wednesday.
EC clears Grindrod and Vitol bunker trading joint venture Clearance of business joint venture granted on Tuesday, says Europa.
Bank 'withdraws support' from Malaysian oil hub project Muhibbah Engineering 'currently evaluating various courses of action and solutions', says firm.
BP to expand bunkering operations to Chinese ports BP to start bunkering at Ningbo, Zhoushan, Shanghai, Lianyungang, Xiamen, Shenzhen, Yantian and Tianjin.
Baltic Oil Terminals sees profits almost double Firm records profit of $7.3 million for 2011- a 96% rise on 2010 results.
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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