Scotland's railfreight network needs strategic upgrades Scotland's government needs to prioritise the strategic upgrade of its rail network to ensure that more freight can be shifted from trucks and onto trains, an industry body ha...
Globaltrans to acquire MMK-Trans Globaltrans Investment is holding exclusive negotiations for the potential acquisition of a 100% interest in OOO MMK-Trans (MMK-Trans), the captive railfreight transport operator o...
Astag says yes to federal council's wish for second tunnel on the Gotthard route The Swiss commercial vehicle association Astag welcomes the intention of the country's federal council to build a second tunnel on the Gotthard route before refurbishing the existi...
Net truck orders positive in North America Preliminary data from ACT Research shows that net orders for heavy-duty trucks (GVW classes 5-8) in North America in December were higher than the orders received in most of the o...
Generation change at Zufall Group Peter Müller-Kronberg has become the new managing partner of Zufall, a logistics group headquartered in Göttingen (Germany). The company has thus completed a change of generation a...
Hamburg's free port is history After being in place for 124 years, the free port status at the port of Hamburg (Germany) ceased to exist with effect from 1 January 2013. Being rated as external territory within ...
New chairman for German forwarding and logistics association Frank Huster became the new managing director of the German logistics and forwarding association (DSLV) at the beginning of the year. He took over the office from his predecessors ...
Deugro establishes new subsidiary in Switzerland Deugro, an international forwarding company founded in 1924, set up a new firm called Deugro Projekt (Schweiz) AG at the beginning of the current year. Based in Basel, Deugro Proje...
Gebrüder Weiss hauls helicopter by road to Georgia The Austrian forwarding and logistics company Gebrüder Weiss is currently shipping a helicopter by road through six different countries to Tiflis, the capital of Georgia, on behalf...
Launch of Ziegler Logistics in China and Hong Kong China-based Simba Logistics has become part of Ziegler China. In 2007 the Ziegler Group, a Brussels (Belgium)-based forwarder and logistics company, began to deepen its footprint i...
Work to begin on India's first private international airport Work on KGS Aranmula international airport is set to begin this week (week 2/2013). The Chennai-based KGS Group wants to start operations at the first privately owned and managed a...
myBVSP.de lands Kaba GmbH as solution partner for airfreight security myBVSP.de, the German internet service portal for known consignors and every entity that wants to become one, has agreed to collaborate with Kaba GmbH, a global provider of securit...
ULS A300F grounded for more than one week An Airbus A300F operated by ULS Airlines Cargo (Turkey) has had to remain at Ataturk airport in Istanbul since 1 January. The freighter made an official stopover en route from Ghan...
Nigeria to prosecute 15 Russian seafarers NIGERIA was reported today to have decided to prosecute 15 Russian seafarers detained since October in an arms smuggling dispute
Finland urges EC inquiry of STX France FINNISH ministers have lobbed a grenade at Brussels questioning the legality of a French finance package that deprived STX Finland of the Oasis 3 cruise ship order, IHS Global Insight reported today
Korean consortia formed for KEPCO bid SOUTH Korea's biggest shipping companies have organised themselves into consortia to bid to build nine Capesize bulkers
NewLead scores metal coup RECENTLY restructured NewLead announced an unusual new capital infusion today - in the form of industrial metal, not cash
Deltamarin bought for $31M CHINA'S government-owned Aviation Industry Corp, owned by China International Beijing, has acquired 79.57% of shares in Finnish ship design Deltamarin
SSC to spend $12M SSC HAS proposed acquiring four "complementary" businesses for a total S$15M ($12M) from MYP Ltd
SDV gains Swiss foothold FRENCH logistics company SDV, the freight-forwarding affiliate of Bolloré, has gained a foothold in the powerful Swiss freight market
MPM Indonesian edge seen MARCO Polo Marine of Singapore was seen today defying shipping downtrends with steady growth in operations and on its bottom line
Chinese yard owner sentenced over deposits A PRIVATE Chinese shipyard owner has been sentenced to seven years in jail for illegal fundraising
CMES profits fall 47% despite subsidies SHANGHAI-listed CMES reported a 47.1% year on year drop in full-year net profits in 2012, but government subsidies enabled the group to dodge an even steeper slump
IMO aims to halve sea deaths IMO CHIEF Koji Sekimizu has pledged to halve the number of seafarer deaths by 2015 and eradicate piracy
India OKs port bonds INDIA'S finance ministry has given final approval to three government-controlled groups to raise a total 35Bn rupees ($636M) through tax-free bonds
OPDR launches Iberian sales network GERMAN shortsea box line OPDR is boosting its sales and marketing network by introducing its own Iberian Peninsula sales network
Imabari might scale back IMABARI Shipbuilding might cut back on operations, as it expects a dwindling orderbook from this year
JX Nippon cuts back on crude imports from Iran JX NIPPON Oil & Energy, Japan's largest refiner, has reportedly reduced its contracted imports of Iranian crude this year by more than 10% from 2012 volumes
LaHood Not On Obama's Returning Cabinet List Department of Transportation Secretary Ray LaHood wasn't on the list of Cabinet officials that a White House official said would hang around for President Obama's second term, suggesting someone else will fill the spot held by the Illinois Republican, according to reports. LaHood hinted late last year that he'd be up...
Port of Bellingham Board Elects Jorgensen President The board of commissioners of Washington's Port of Bellingham has elected Jim Jorgensen to be president of the board for 2013. The commissioners also voted for Michael McAuley to serve as vice president and Scott Walker to serve as secretary. Jorgensen, who represents District 3, began serving on the commission in 2004....
Coy Named to VPA Board of Commissioners Virginia Governor Bob McDonnell this week appointed Craig P. Coy to the Virginia Port Authority board of commissioners. Coy is replacing Michael J. Quillen, who had served on the VPA board for more than nine years. His term will expire on June 30, 2017. Previously, Coy served as the CEO of Massport,...
Stanley Furniture Company Named Shipper of the Year by the Port of Virginia HIGH POINT, N.C. - Stanley Furniture Company, a leading designer and manufacturer of quality, stylish wood furniture, announced today that its Stanley Furniture brand has received the Port of Virginia's Shipper of the Year award, which recognizes a company that has gone above and beyond the course of normal business...
LA-LB Terminal Operators Look to Help Truckers Avoid Trouble Terminal operators in Los Angeles-Long Beach hope to improve truck turn times by distributing to harbor trucking companies a fact sheet on how to reduce the number of "trouble tickets" their drivers receive in the harbor. Also, terminal operators represented by PierPass Inc. are releasing a video on YouTube in which...
New York Susquehanna & Western to Build Multimodal Rail Terminal The New York Susquehanna & Western Railroad Corporation has received contract approval for more than $900,000 from the New York State Department of Transportation to construct a multimodal rail terminal in Cortland, according to the Central New York Regional Economic Development Council. The Cortland Transload Terminal Improvement project will construct a...
Kintetsu World Express Sets Up Mexican Subsidiary Major Japanese international freight forwarder Kintetsu World Express Inc. said that it has established a subsidiary in Mexico to cope with anticipated growth in demand for transportation services there. Kintetsu World Express Mexico, S.A. de C.V. is based in Mexico City and has sales offices in the cities of Guadalajara and...
MOL Announces New Terminals for LA, Oakland Calls MOL's APX service. MOL's CNY service. Japanese carrier Mitsui O.S.K. Lines has announced changes to its APX service, which runs between North America and Europe, and CNY service, which travels between Asia and the U.S. East Coast and West Coast and Panama. All vessels will now call the Global Gateway South Container Terminal...
Upstate New York Short Line to Improve Infrastructure for Ore Trains The Massena Terminal Railroad Company in St. Lawrence County, N.Y., has signed a contract for the main line track and bridge rehabilitation project, after receiving $1.6 million from the New York State Department of Transportation, according to the North Country Regional Economic Development Council. The project will include rail improvements along...
India to Lift Tariff Regulation at Major Ports In a dramatic policy change that could spur private investment in the country's port sector, the Indian government has approved a proposal to allow port-terminal operators the freedom to fix their service rates. "The government has decided to free all future projects from port regulator Tariff Authority for Major Ports. We...
Maersk Keeps Congestion Surcharges Waiting in the Wings Maersk Line postponed the effective date of its proposed congestion surcharge at West Coast ports until Feb. 14. The surcharge, which is tied to contract talks between the International Longshoremen's Association and waterfront employers on the East and Gulf coasts, had originally been scheduled to take effect on Dec. 29. Given...
Menlo Worldwide Opens Singapore Warehouse San Mateo, Calif.-based Menlo Worldwide Logistics, a subsidiary of Con-way, today opened a new warehousing and retail distribution management center in Singapore. The 37,000 square meter (about 398,265 square foot) center increases the company's footprint in the Southeast Asian country to seven facilities totaling about 2.1 million square feet. It represents...
Drewry Trans-Pacific Container Rates Flat for Fourth Week Trans-Pacific eastbound spot rates were flat for the fourth straight week at $2,213 per 40-foot container or FEU, according to the Wednesday release of the Drewry Hong Kong-Los Angeles container rate benchmark. Following a four-month, 23 percent drop in the index since it hit a 2012 high of $2,880 in early...
Transplace Promotes McGuigan Transportation management and logistics technology company Transplace has promoted Frank McGuigan to executive vice president of operations. McGuigan joined Transplace via its April 2011 acquisition of SCO Logistics, where he was president and CEO. He was most recently senior vice president of contract logistics for Transplace. He has more than 20 years...
Longoria to Head Houston Port Commission Houston Mayor Annise Parker, Port Commission Chairman Janiece Longoria and Harris County Judge Ed Emmett. A joint session of the Harris County Commissioners Court and the Houston City Council has appointed has appointed Janiece M. Longoria chairman of the port commission of the Port of Houston Authority. She will also serve as the...
Drewry Sees Carrier Profitability Hinging on Capacity Container lines could earn nearly $5 billion this year, but only if demand meets projections and carriers continue to trim costs and restrain capacity growth, Drewry Maritime Research said in its latest Container Forecaster report. Carrier profits in 2012 are estimated at $1.5 billion for 2012, mainly because of strong second...
ILA Walks Out of NY-NJ Talks UPDATED 4:15 EDT, JAN. 9 NEWARK, N.J. - The International Longshoremen's Association broke off talks on a local contract covering work rules and staffing at the Port of New York and New Jersey, clouding prospects for a deal before the ILA's Feb. 6 contract expiration. The breakdown in talks between the ILA...
Construction Begins on Port of Long Beach Bridge Rendering of replacement for Gerald Desmond Bridge. Courtesy of the Port of Long Beach. Federal, state and local officials recently celebrated the start of construction on a $1 billion, four-year project to replace the Gerald Desmond Bridge at the Port of Long Beach in California. The new cable-stayed bridge will raise the...
Port Logistics Acquires Pacific Distribution Services Houston-based Port Logistics Group has acquired Pacific Distribution Services, a regional warehousing and transportation provider serving the ports of Seattle and Tacoma. The acquisition adds 600,000 square feet of warehouse space in two facilities in Sumner, Wash., as well as several new national retail clients to the company's U.S. gateway logistics...
FFFAI Golden Jubilee Event on 2nd December 2012 The Federation Of Freight Forwarders Associations In India (FFFAI) celebrated Golden Jubilee on 2nd December 2012. During an elegant function held at Trident Hotel, BKC in Mumbai, Mr. Shantanu Bhadkamkar, Chairman, FFFAI welcoming the guests and invitees shared the vision for the future. In his welcome address said "Golden Jubilee is...
P&O and Transfennica to co-operate P&O Ferries and Transfennica are to co-operate on a 'landbridge' solution for unaccompanied trailers, containers and trucks between Spain and the UK. The ...
Maritime casualties blamed on human error There were 106 total ship losses in the 12 months to November 25, 2012 including the cruise ship Costa Concordia - the largest loss of the year at 114,137 gross ...
Shanghai port posts moderate yearly growth Shanghai International Port Group has posted moderate improvements in both throughput and net profits from a year earlier, according to an unaudited 2012 earnings ...
Liners angst as North-South eurozone divide widens Terrifying jobless statistics for the troubled southern states of the eurozone will result in worsening cargo prospects for the Asia to Mediterranean tradelane ...
Portek hit a million boxes at BMT Singapore-headquartered Portek is celebrating handling a million teu [pictured] since the inception of its Bejaia Mediterranean Terminal [BMT] Algeria, six ...
Coscon handles record annual shipments COSCO Container Lines, China's largest liner operator, posted record shipments last year, mainly due to continued fleet expansion.According to China's state-owned ...
Case dismissed BP appears to have abandoned a complaint against Heidmar and other companies connected to Greek shipping tycoon George Economou.
'Rinse and repeat' Muted containerized trade growth will likely continue during the first half of 2013, according to an analyst at Wells Fargo Securities.
MJLF builds dream team Brian Kim has left Samsung Heavy Industries to join a leading US tanker brokerage led by industry veteran Bob Flynn.
Lending cut by a third Shipping and offshore lending fell by a third in 2012 with the usual suspects leading the way in the standings, according to Dealogic.
NTSB joins OSG crash probe The National Transportation Safety Board (NTSB) has joined the investigation of an allision between an Overseas Shipholding Group panamax and the San Francisco-Oakland Bay Bridge.
WIS in New Year joy Western India Shipyard has kicked off the New Year with shiprepair contracts for five vessels.
Ruby out of action Saga's veteran cruiseship Saga Ruby is facing a delay of up to 10 days before it can start its latest cruise.
Titans team up Costamare has teamed up with market leader V.Ships to form a shipmanagement venture focused on the Greek market.
Esvagt wins Maersk deal Danish owner Esvagt has secured a long-term charter for its new anchor-handler (AHTS) with Maersk Oil.
NewLead attracts investor NewLead Holdings has received a huge investment from a mystery counterparty.
Worker hurt in fall A worker has been taken to hospital after plunging into the empty cargo hold of a bulker in Canada.
Cyclone blow for capes Pending arrival of Australia's first cyclone of the season is dragging down capesize paper rates.
Remoy's five-year plan Norway's Remoy Shipping has extended the charters of a couple of seismic survey ships for another five years.
Forced five could hurt Torm is facing a loss of $69m on the forced sale of five vessels, its chairman says.
Four Augusta crew freed Nigerian pirates have freed four seafarers seized from a supply ship last month.
Triyards wins $60m deal Triyards has announced a $60m newbuilding contract as it revealed a weakened set of first quarter numbers.
SinOceanic strengthens Norway's SinOceanic Shipping has strengthened three vessel-owning subsidiaries by further subordinating loans from its main Chinese shareholder.
No red flag at GasLog One of Wall Street's most respected analysts has applauded a changing of the guard at GasLog which has seen Peter Livanos step down as CEO and two former Teekay men take on top jobs.
Mermaid bags BHP deal Mermaid Marine Australia (MMA) has penned a AUD 50m ($52.5m) contract for one of its newbuildings with BHP Billiton.
Subsea 7 consolidates Oslo-listed Subsea 7 is merging its wind farm installation operations into the heavy-lift joint venture Seaway Heavy Lifting (SHL).
Crew deaths reported The bodies of two officers from two separate Russian vessels have been brought ashore in Port Kavkaz.
JP Morgan shifts NNA JP Morgan has shifted gears on Navios Maritime Acquisition given the makeup of its charter catalogue.
Dof Subsea on bond run Dof Subsea is looking to harvest almost $180m from its latest trip to the bond market.
New ro-ro team Dutch operator Transfennica is teaming up with P&O Ferries of the UK for Spanish business.
Clipper offloads tanker duo Denmark's Clipper group has disposed of two late-1990s built tankers.
Ferry smashes terminal Major damage has been caused to a ferry berth in Bergen, Norway, after a Hurtigruten ship slammed into the quayside.
NEWSFLASH: ILA walks out of NY/NJ contract talks The breakdown reportedly centered on work rules changes proposed by the New York Shippers' Association that were unpalatable for the dockworkers' union, after the two sides opened discussions Wednesday.
ILA-USMX contract talks resume this week Gene Seroka, president of the Americas for APL Ltd., said he's encouraged by the presence of the FMCS during the talks, singling out efforts to bring the union and employers together by FMCS Director George H. Cohen.
Finnair adds hub, U.S. freighter flights With a goal of increasing freight revenue by 10 percent in 2013, the Finnish carrier will open a new cargo hub in Brussels in March, initiating new weekly MD-11 services connecting the facility with New York, Chicago and Helsinki.
SDV buys majority stake in Swiss 3PL "Safcomar (renamed SDV Suisse) has expanded in a number of fast-growing sectors such as pharmaceuticals, bio plasma, perfumes, fragrances and luxury goods," said Hugo Roppel, the newly appointed CEO of SDV's Swiss operation.
IATA: Global air freight improving
ATA makes progress on safety goals
American-US Airways announcement could come shortly "Even with the recent reports of the CEO of AMR stating a deal is weeks away, we believe there could be an announcement forthcoming shortly," said industry analyst Dahlman, Rose & Co.
U.S. Lakers report 8.2% coal decrease in 2012
Report details possible Hapag-Lloyd, Hamburg Süd merger
Unifeeder's improved transit times from U.K. ports
Menlo Worldwide opens Singapore facility
Chiquita using Hamburg Süd vessels
Coast Guard: Tanker warned before striking SF Bay Bridge
Inatech hires new European Head of Sales Responsible for European sales of BunkerTECH Bunkering Solution - a tool developed to help bunker fuel suppliers and traders minimise risk.
MGO prices soften in Fujairah But prices firm in South African ports.
Prices continue firming in Rotterdam Strong demand seen in Hamburg.
OW lands Brazilian contract Will supply marine lubricants across country.
New Managing Director for French bunker broker Environmental regulations mean 'plenty of changes'.
Alfa Laval wins order for scrubbing system 'Order is worth approximately $9 million.'
Asean International eyes East African opportunity Offshore oil exploration has boosted interest in region.
Bunker prices in Asia continue climb mid-week Slightly lower demand in Busan due to price increases across all fuel grades, say traders.
North American ECA experience gives clues to future challenges Introduction of low sulphur regulations causing unpredictable fuel quality, says FOBAS.
Spanish firm to invest $78 million in expansion projects CLH Group says investment is necessary to strengthen its competitiveness and maintain its leadership within the industry.
Norden 'may return to profit' in 2013 Company 'will be able to generate cash flow and pay dividends even in a very weak market.'
'Great start to year' for NOL shares Its shares rose 7% in the first week of January on top of a 5% gain in December.
Sinopec completes acquisition of stake in Fujairah terminal Terminal will have the capability to store bunkers when completed at the end of 2014.
2012 - the year of efficiency discussion 2013 promises to continue the focus on monitoring and therefore on efficiency.
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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