|DECEMBER 9, 2013|
- Beijing probes logistics costs: 18pc of China's GDP - 9pc of OECD's
- Manila's ICTSI gets go-ahead to run Nigeria's Lekki container terminal
- Rena report highlights New Zealand's shortcomings in coping with oil spills
- France, Japan allow shipboard armed guards on soft target oil tankers
- Official calls for more cooperation between mainland and Taiwan ports
- Suzhou port's volume expected to hit 600 million tonnes by 2020
- Hubei to set up railway logistics facility, linking express delivery
- Soaring south-south trade brings forwarders onerous risks: insurer
- FPS launches its first-ever weekly Rotterdam-Fiji direct LCL service
- Brazil opens US$233 million tender to dredge Santos navigation channels
- Hefei to launch new rail freight route to Germany via Kazakhstan
- Shanghai Pudong air cargo up 11pc in November to 129 million tonnes
- World air cargo resumes fragile recovery, posting 4pc October uptick
- Hamad International Airport in Qatar to create 700 new customs positions
|DECEMBER 6, 2013|
- Eight continuous days of increase for Baltic Exchange's sea freight index
- Indian seamen eligible for MEMA
- Moore Stephens welcomes neutral budget for UK shipping
- NYK holds seventh environmental management conference
- Pan Lloyd appoints Macoline Shipping as its agent in Kolkata
- Wärtsilä introduces 2-stroke, dual-fuel LNG engine for ships
- Chinese market access may boost meat exports
- India-Bangla cross-border trade hampered by political unrest in Bangladesh
- APM Terminals wins Asia port operator of the year award
- CoPT to mechanise timber handling
- New guidelines to give tariff-setting flexibility to ports, BOT operators: Vasan
- Pipavav Port expansion plan gets environment clearance
- Rail evacuation eases operations at Nhava Sheva during recent stir
- RIL-BP JV front-runner for stake in Mundra LNG terminal
- Forex reserves skyrocket by $ 5.04 bn to $ 291.30 bn
- Govt cuts base import price of RBD palm oil
- Govt to award highway projects through EPC model
- Growth in GDP led by export sectors, say analysts
- India to become largest importer of coal by 2035: EIA
- INR shoots up by 103 paise to end at 61.41 against dollar
- JAXPORT gets heavy lift push
- Manica Logistics excels in project movement in Namibia
- Nurminen Logistics transports material handling machines from Finland to Russia
- Royal Cargo hauls 150-tonne equipment from largest cargo airplane to land in the Philippines
|DECEMBER 9, 2013|
- Fuorimuro restores Miramas-Castel Guelfo connection
- "Employee day one" for new American Airlines
- APC Postal Logistics opens new facility in California
- IAG Cargo celebrates 80 years of serving Singapore
- India's eastern dedicated freight corridor project goes...
- ICTSI takes heavylift equipment to Tacloban
- ZF-Ecomid CV transmission celebrates anniversary
- DB Schenker unveiled as logistics provider for Glasgow 2014...
- Biman returns to Myanmar
- BRS delivers Renault trucks to Hermes
- Portugal: favourable debut for privatised Post CTT
- ECSA elects new president
- Hamburg Süd names "Cap San Augustin" in Hong Kong
- Kyrgyzstan Airlines starts DWC operation
- No interest in Murmansk Shipping Company
- New account manager appointed at Newage
|DECEMBER 6, 2013|
- AWO comments on shale gas waste water
- Best ever year for cruise ship Azipod orders
- Cat upgrades MaK M 25 C
- American Club adds to management team
- FMC vote delays P3 vessel sharing plan
- ZF Marine to strengthen China presence
|DECEMBER 9, 2013|
- Vessel calling Columbia River fined for botched hazmat reporting
- BTS releases new online transport database
- Trucking group stands behind transportation system legislation
- Port of Vancouver, USA refinances general obligation bonds
- Diana Shipping hit with pollution violation sentence
|DECEMBER 6, 2013|
- Shippers welcome FMC scrutiny of P3
Global Shippers' Forum says extra evaluation time 'absolutely necessary'
- Capesize rates rise again
Brokers are optimistic as Australian miners rush to book year-end cargoes
- Why the antitrust case against boxlines is misguided
Brussels' skewed logic aims to destroy carriers' proven tariff-setting systems
- Suezmax earnings climb above $30,000 per day
Robust earnings should remain in December
- Swedish Club finally announces its general increase
Decision for 7.5% rise reflects balanced approach, says Rhodin
- Scorpio Bulkers taps IPO market for $175m equity raise
Funds will support newbuildings and general corporate purposes
- Why ballast-cleaning systems do not hold water
IMO type-approval fails to demonstrate that technology meets its own standards
- How G6 allies plan to square up to their P3 rivals
Documents filed with the FMC reveal expanded 180-vessel partnership on US trade lanes
- Astomos Energy adds two VLGCs to its fleet
Japanese trader to raise liquefied petroleum gas trading volumes to 12m tonnes in 2015
- Singamas Container warns of 'significant' profits plunge for 2013
Company expects market downturn to continue in second-quarter 2014
- Nigeria needs effective surveillance to fight piracy
Replacing faulty radar systems could cost up to $30m, says former UK navy chief
- Bigger Panama Canal will bring unexpected boost to LNG shipping
Utilisation levels and fuel costs will benefit as US export projects get the go-ahead
- Asia-Europe box volumes surge continues
But freight rates on the trade lane drop further
- Golar LNG Partners buys FSRU for $310m
Fredriksen continues strategy splitting charter contracts from newbuildings
- FMC asks P3 for more information
Request creates delay by bringing in a fresh 45-day review period
- Diana fined in US discharge case
Two crewmen convicted in Thetis case have yet to be sentenced
- CSC Phoenix shares could be suspended indefinitely
Troubled Chinese state carrier warns of problems at end-December
|DECEMBER 6, 2013|
- Scorpio Bulkers continues fleet expansion and capital increases
Scorpio Bulkers, the rapidly expanding Monaco-based bulk shipping company whose shares are traded on the over the counter (OTC) market in Oslo, has unveiled its latest round of fleet expansion and capital increase
- Riber Shipping, Kleven extend seismic vessel option
CG Rieber Shipping, the Norwegian seismic vessel operator, has agreed with Kleven Maritime, the shipbuilder, to extend an option for a second 22 streamer 3-D seismic vessel with ice class 1A to the end of January 2014
- China vessel exports still down
CHINA's vessel exports fell 29% year-on-year to $24Bn in the first 10 months of 2013, on par with the losses posted in the first nine months
- Oldendorff sounds alarm over fuel quality
One of the world's biggest dry cargo operators has warned against a dramatic deterioration in marine fuels quality worldwide
- US delays P3 start
More information on the effects the P3 Network Alliance is needed before it can be allowed to go forward in the US, regulators have decided
- ITF pays tribute to Mandela
The International Transport Workers' Federation paid tribute to the 'global legacy' of Nelson Mandela on his passing today
- Diana fined $1.1M
Diana Shipping has been fined $1.1M for illegally dumping wastewater in the US
- NYK, Iino book VLGCs for Astomos
NYK Line confirmed today that its subsidiary Kyoei Tanker has ordered an 83,000m³ very large gas carrier
- STX Pan Ocean downscales Fibria deal
STX Pan Ocean said today the contract value with Fibria Celulose for the transportation of wood pulp was reduced to $207M from $246M
- Taiwan's 2014 GDP growth seen at 3.9%
Taiwan's economic growth expected at 3.9% in 2014
|DECEMBER 6, 2013|
- Hapag-Lloyd to Expand Gulf Caribbean Service
Gulf Caribbean Service's new port rotation.Hapag-Lloyd has expanded its fixed day, weekly Gulf Caribbean Service to include eastbound and westbound calls in Guatemala, Honduras, Costa Rica, Panama and Colombia. The revised GCS port rotation will be as follows: Houston; Altamira and Veracruz, Mexico; Santo Tomás de Castilla, Guatemala; Puerto Cortés, Honduras;...
- JOC Trucking Employment Index Shoots Up to 96.4 in November
JOC For-Hire Trucking Employment Index Full-size image The Journal of Commerce For-Hire Trucking Employment Index rose to 96.4 in November from 95.7 the previous month, as trucking firms added 8,400 jobs. The 0.7 percentage point gain was the strongest increase this year for the index, which was flat in October and had been...
- China's Loss in US Footwear Trade Leaves Room for Developing Nations
China's grip on U.S. footwear imports continued to weaken in the third quarter, extending a decline that began in 2009, as other developing nations increased their market share further. Sourcing shares of U.S. containerized footwear imports in the third quarter of 2013. Full-size image While mainland China, excluding Hong Kong, continued to be...
- Transportation Firms Add 31,000 Jobs as GDP Gains Ground
Transportation and warehousing employment spiked in November, as the U.S. economy added 203,000 jobs, dropping the national unemployment rate to 7 percent. The jobs report accompanied news that the U.S. economy grew faster in the third quarter than expected, with real gross domestic product rising 3.6 percent. The Commerce Department boosted its...
- ILA and USMX: Then and Now
George Cohen of FMCS, Harold Daggett of ILA, Jim Capo and Dave Adam of USMXThink back to a year ago. In December 2012, the International Longshoremen's Association and United States Maritime Alliance were locked in tense contract negotiations that had East and Gulf Coast ports on the brink of a...
- Insufficient Logistics Capacity Hindering Philippines Relief Effort
Almost a month after Typhoon Haiyan devastated large swathes of the Philippines the relief effort is still struggling to meet the needs of the millions affected. Logistics capacity is proving a key chokepoint despite many of the world's leading transport companies offering support. Haiyan saw winds peak at more than 300...
- Asia's Storm Front
As the last cobwebs of jet lag release their hold, here's a recap from my weeklong trip to Asia in November. It was a trip that almost didn't happen. Intended to be a two-week mission involving a two-state delegation from Oregon and Washington, various factors conspired to reduce it to a...
|DECEMBER 6, 2013|
- Cargill takes BALT cape
US operator Baltic Trading appears to have secured employment for one of the newest additions to its fleet of capesize bulkers.
- MFS grows Diana slice
Financial firm MFS Investment Management has lifted its stake in Diana Shipping above the 10% mark.
- Emissions crackdown continues
A bulker controlled by Nissen Kaiun of Japan has emerged as the latest target of a US Coast Guard (USCG) crackdown on ships that fail to comply with increasingly stringent emissions standards.
- Carrier wraps up roadshow
French containership operator CMA CGM has confirmed reports that it intends to issue a high-yield bond under a broader effort to shore up its balance sheet.
- Suezmax spike
Suezmax spot rates have spiked to a two-year high following a wave of activity that began just before Thanksgiving.
- Condor heads to breakers
A derelict general cargoship has finally left the port of Bruges in Belgium after three years.
- Ro-ro owner cleans up
Dutch owner Transfennica is retro-fitting five more vessels with exhaust scrubbers after a successful trial.
- SALT heads stateside
Scorpio Bulkers is looking to secure $138.9m in fresh capital from its New York initial public offering.
- Countess fire finally out
A blaze that tore through the Greek cruiseship Ocean Countess has been extinguished.
- Asian giants probed
Asia's largest containerlines are part of a European Union probe into suspected price fixing, reports say.
- Golar focuses on FLNG
John Fredriksen's Golar LNG could use cash from a sale of units in spin-off Golar Partners to develop its floating production business.
- Snoozing into trouble
A cargoship ran aground off Scotland after its watch officer fell asleep alone on the bridge, a UK report has found.
- ABG debt deal close
India's ABG Shipyard is close to sealing a reorganisation of debt worth INR 111.5bn ($1.78bn).
- Samudera downsizes
Indonesia's Samudera Shipping Line has offloaded a small chemical tanker and an oil barge.
- Ro-pax hits bridge
A Hurtigruten ferry has been dented after hitting a bridge in Tromso, Norway.
- STX PO deal pulped
STX Pan Ocean has called a premature halt to a contract of affreightment (COA) after cancelling newbuildings ordered to service the deal.
- Europe battens hatches
North-west European ports took decisive precautionary measures overnight on Thursday as a huge storm hit the region.
- CSSC sells $800m
Chinese state shipbuilding giant CSSC has successfully raised $800m in a notes sale.
- VLs the order of the day
TradeWinds digests the digits making the headlines this week.
- FMC puts the brakes on P3
The US Federal Maritime Commission (FMC) has pushed back its decision on whether to approve the big new P3 boxship alliance.
- Riona refloated
A Ronja Marin cargoship has been pulled free after grounding off Finland on Thursday.
- Farewell to all this?
We take a look at what was said in the market over the past week.
- Japanese order VLGCs
Two Japanese shipowners have ordered VLGC newbuildings at domestic shipyards on the back of long-term charters.
- Hedland exports soar
Iron ore exports to China from Australia's Port Hedland rose 38% in November in another sign of solid demand from the Asian giant.
- Atlantic seals bond raid
Atlantic Offshore has succeeded in raising NOK 400m ($65m) in new finance from Norwegian bond investors.
- Ezra up on deal talk
Ezra Holdings, the offshore oilfield service company, has confirmed that is engaged in talks about its subsea division.
- Cosco vessel freed
Singaporean authorities have released a Cosco Shipping (Coscol)-owned ship arrested earlier this week over a chartering dispute.
- US Navy extends charter
Maersk Line Ltd has had a charter from the US military for an ice-classed products tanker extended for another year.
|DECEMBER 6, 2013|
- ATA opposes D.C. act outlawing diesel-only trucks
The ATA said a measure in Washington, D.C., that would bar diesel-only vehicles in the city past 2017 "would have significant harmful effects on the district's economy and on the quality of life of district residents."
- Chemistry council pushes PHMSA on hazmat rulemaking
- Virginia's push for offshore wind
- Freight shipments, expenditures weak in November
- YRC to sell 3 million shares to pay down debt
The company, which is in talks with the International Brotherhood of Teamsters to renew its current contract with employees in order to reduce costs, is facing a $69.4 million debt payment in February.
- PostNL sells half its stake in TNT Express
PostNL has sold half its stake in TNT Express, unloading around 15 percent of its 29.8-percent stake in the company for 507 million euro ($690.23 million) to reduce its debt.
- UNCTAD: Liner connectivity has increased for most countries
- FMC asks for more information from P3; delays effective date
The Federal Maritime Commission voted Thursday to approve a request for additional information from the parties to the proposed P3 Network Vessel Sharing Agreement - Maersk, MSC and CMA CGM.
- Roadway improvements authorized at Port Newark
The Port Authority of New York and New Jersey this week authorized $105 million for the design, construction and realignment of roadways in the Port Newark-Elizabeth complex in New Jersey.
- ABB expands global trade relationship with Amber Road
- Executive moves
- Ex-Im Bank's $640.7 million loan supports refinery exports to Turkey
|DECEMBER 6, 2013|
- Weekly global market report
A weekly price round up from bunkering hubs around the world.
- Fuel prices lack direction in the Americas
Avails remained tight in Cartagena on Friday.
- More questions over planned P3 alliance
Latest move from US regulators means new delays.
- Prices falling in Middle East hub
Sufficient avails in Fujairah.
- Russia risks seeing bunker sales 'halved'
Players warn against calls to give Russian oil majors priority.
- Prices ended week on soft note
Congestion reported in Gibraltar
- Asian IFO prices generally steady
Tight avails reported across the region.
- Shipping group places new order for scrubbers
'This repeat order confirms scrubbers are an attractive and proven solution for the reduction of SOx.'
- Sinotrans using mass flow meter for bunkering
Move is a first for the shipping firm.
- Ferries may use small-scale LNG-fuelling station
Unit would be first such station in Denmark.
- Ferries out front in using LNG as marine fuel
New report confirms role of ECAs in fostering take up of LNG.
- MY Bunkers builds Maltese market
Company offering MGO by truck.
- New hire in Cyprus
MY Bunkers makes sales and development appointment.
- Bunker dispute triggered arrest
Coscol ship was arrested in row over bunkers and charter hire.