DB Schenker Rail UK returns coal trains to Rossington DB Schenker Rail UK, Britain's largest rail freight operator, has re-introduced daily coal trains from a colliery at Rossington, near Doncaster. The services are in response to inc...
Russian Railways raised main operating income by 5.8% in 2012 Provisional figures indicate that JSC Russian Railways raised its main operating income to RUB 1.363 trillion (EUR 34.343 billion) in 2012, 5.8% more than in 2011. Cargo loading is...
Saudi Airlines believes in Turkey Saudi Airlines Cargo has appointed Mete Erna as cargo manager for Turkey. Erna has been active in the aviation industry in Turkey, Singapore and India, where he was responsible for...
MAN and Sany ink agreement in construction machinery sector MAN Truck & Bus AG and Sany Heavy Industries have signed a master agreement on the delivery and sale of concrete pump chassis and other special-purpose vehicles in China. The t...
Matson acquires primary assets of Reef Shipping The USA-based company Matson has acquired four vessels and around 1,500 pieces of container equipment from Reef Shipping, headquartered in Auckland (New Zealand). Matson will conti...
PD Ports installs new terminal operating system at Teesport The UK port operator PD Ports has successfully installed a new terminal operating system, built by Navis, at Teesport. The implementation of the new system included areas of the po...
Rush Enterprises expands national network The subsidiaries of Rush Enterprises have acquired certain assets of the MVI Group, which operates commercial truck and bus dealerships in Ohio under the names of Miami Valley Inte...
Liscr appoints new president and managing executive officer for Japan The Liberian International Ship and Corporate Registry (Liscr), the US-based manager of the Liberian Registry, named Takeshi Okamoto as president and managing executive officer of ...
Six Chinese aircraft for Yemeni launch customer China-based AVIC Xi'an Aircraft International Corporation (XAIC) has inked an agreement with Yemen's ministry of transport for six MA series aircraft, including two MA600 frei...
Lufthansa Technik Switzerland closing down in Basel Lufthansa Technik Switzerland (LTSW) in Basel continues to undergo extensive restructuring. The company, which had 500 employees in 2008, already cut more than two thirds of them l...
Zufall Logistics Group and Sartorius to build logistics centre The technology corporation Sartorius and the German logistics group Zufall want to continue and step up their successful ten-year partnership. The two companies recently decided to...
IJS Global signs teaming agreement with Daedalus Aviation Group IJS Global has signed a teaming agreement with Daedalus Aviation Group (DAG), a Netherlands-headquartered, specialist one-stop-shop support provider for military aviation customers...
SDV takes over majority shareholding in Safcomar Overseas SDV, a France-based global logistics service provider and member of the Bolloré Group, has acquired the majority shareholding in Safcomar Overseas SA, a forwarding and logistics fi...
Maputo airport to prepare third phase of rehabilitation Mozambique's publicly owned airports company, ADM, has signed a French Development Agency (AFD)-funded USD 500,000 contract with the consultancy company DHV. The Dutch engineering ...
TFG Transfracht changes management TFG Transfracht, a German seaport-hinterland transport service provider, announced that Kerstin Corvers joined the management team and replaced Ralf-Günter Klo' as director of oper...
Key Russia-China oil talks are in the pipeline RUSSIA'S leading oil producer and exporter, Rosneft, and China National Petroleum plan to meet next week to discuss increasing crude shipments to China
Cyclone closes Oz ore ports IRON ORE ports at Cape Lambert and Dampier are closed today as Australia's northwest battens down with the approach of Cyclone Narelle
China's commodity imports hit record highs CHINA'S imports of crude oil and iron ore hit a record high in 2012, albeit at a modest year on year growth rate
Teekay Offshore plots kroner bond offering US-LISTED shipping companies continue to favour Oslo over New York for bonds, with Teekay Offshore signaling another offering today
SINOPEC can work on LNG terminal BEIJING has given SINOPEC the green light to start working on an LNG import terminal in Lianyungang's port in Jiangsu province, IHS World Markets Energy reported today
KL gains $85M in funding KOREA Line has received $85M in financing from Hong Kong's SC Lowy, the first debtor-in-possession deal of its kind agreed in South Korea
Sino-Japan Lines to be jointly operated SINO-Japan Lines will be jointly operated by two Chinese companies under a new deal
'Healthy' offshore order stream predicted ASIAN offshore oil and gas players can expect "a healthy stream" of contracts to continue this year, particularly in the deepwater segment, Maybank Kim Eng predicted today
RSHI wins suit's first round RSHI'S Jiangsu subsidiary today won the first round in a $2.6M compensation suit filed by a Chinese fund management company
China's rail-sea box shipping rises 19.1% CHINA'S six key rail-sea lines have shipped 1.2M teu last year, a rise of 19.1%, from eastern to western China, according to the Shanghai Shipping Exchange
Delhi urged to revive shipbuilding subsidy INDIA'S shipping ministry has renewed its calls for Delhi to revive a 15% subsidy to local shipyards, which was scrapped in August 2007
Bank sees VLCC rates heading south VLCC RATES are likely to keep sliding in 1Q13, due to ample vessel supply and refinery maintenance in the US, the bank DnB NOR predicted today
Two chaebols weigh bids for STX Pan Ocean SAMSUNG and Hyundai, South Korea's two biggest conglomerates, were reported today to be weighing bids for STX Pan Ocean
Chamber's Donohue: Jobs, Energy, Debt Top 2013 Agenda The U.S. is not headed toward a new recession this year, but tax increases will hit small businesses hard, dampening growth and limiting job creation in the first half of 2013, U.S. Chamber of Commerce President and CEO Thomas J. Donohue said today. "While our economy may be growing, it is...
Ultra Group of Companies Selects Apptricity Jetstream Smartfleet & Asset Tracking DALLAS - Apptricity, provider of the Jetstream suite of supply chain, e-procurement and financial productivity solutions, announced today that the Ultra Group of Companies has selected Apptricity to automate asset tracking and boost efficiency in its service fleet. Ultra, a diverse organization that covers a wide spectrum of industries, from...
Rough Road to ILA Contract Since bargaining kicked off nearly a year ago, it's been clear that the road to a new International Longshoremen's Association contract would run through New York-New Jersey. That road has been rocky, as we saw Wednesday when ILA President Harold Daggett and other union officials walked out soon after the start...
K & J Trucking Chooses Blue Tree Systems ROANOKE, Va. - Blue Tree Systems Inc., a provider of reefer monitoring, trailer tracking, and in-cab fleet management solutions, today announced that K & J Trucking, Inc. has selected its R:COM Fleet Management solution. The refrigerated truckload carrier is using the Blue Tree System's trailer tracking and temperature management features...
Costco, Teamsters Reach Tentative Agreement The Teamsters union reached a tentative three-year agreement with wholesale retail giant Costco that includes wage increases for almost 15,000 workers. The agreement calls for wage increases in each year of the contract, as well as strengthened grievance procedures and seniority language, the union said. The Teamsters union represents warehouse workers at...
GATI-KWE President, Chitra Shinde Awarded 'Lady Transport Personality of the Year Award' YDERABAD, India - January 10, 2013 -Express Distribution and Supply Chain Solutions provider, Gati-Kintetsu Express Pvt Ltd, President Ms. Chitra Shinde has been awarded the 'Lady Transport Personality of the Year-2012' at the Mahindra Transport Excellence Awards, held at New Delhi. Ms. Shinde also won the award of 'Lady Transporter...
C.H. Robinson Project Logistics Join Project Cargo Network CALGARY, Alberta - C.H. Robinson Project Logistics (formerly Transera International Logistics) have been approved as PCN Member representing Canada. C.H. Robinson has a large network of offices handling general cargo. However, the Canada offices that have joined PCN are part of a smaller subsidiary focused on project cargo and heavy...
Port of New Orleans Operations Unaffected by Low Mississippi River Conditions in the Midwest NEW ORLEANS - Low water levels in the upper reaches of the Mississippi River are not affecting operations within the Port of New Orleans, as the U.S. Army Corps of Engineers has maintained the Congressionally-authorized 45-foot deep channel on the Lower Mississippi River from Baton Rouge, La., to the mouth...
Kalmar RT Center Manufactures the 500th RT240 in Cibolo, TX SAN ANTONIO, Texas - Kalmar created the RT240 Rough Terrain Reach Stacker in 1999 to meet specific requirements for the U.S. Army. The U.S. Army decided to containerize their supplies and needed equipment that could work in areas where infrastructure had been destroyed or was non-existent. The answer to that...
Crowley Donation and Volunteer Efforts to Improve Arlington YMCA's Fort Caroline Field JACKSONVILLE, Fla. - Children attending YMCA summer camps and playing on sports teams in the Arlington area will soon benefit from Fort Caroline field enhancements following a recent donation from Jacksonville-based Crowley Maritime Corp. A check will be presented by Crowley's David Holden, director, human resources, to the YMCA during...
Yusen Logistics (Taiwan) Ltd. Qualifies as an AEO TAIPEI, Taiwan - Yusen Logistics (Taiwan) Ltd. (President: Kiyoshi Sogawa; hereinafter "YL-TW") was certified by the Directorate-General of Customs, Ministry of Finance of the Republic of China as an Authorized Economic Operator under the AEO system as of November 30, 2012. The ceremony at which the certificate was issued was held...
Heritage Foundation Ranks Hong Kong Freest Global Economy The Heritage Foundation, a Washington, D.C.-based research and advocacy institute, today ranked Hong Kong as the freest economy in the world for the 19th consecutive year. According to the 2013 Index of Economic Freedom, which ranks 177 global economies, Hong Kong scores 89.3 (on a scale from 0 to 100), well...
Etihad Cargo to Launch Abu Dhabi-Guangzhou Service Etihad Cargo, the cargo division of Etihad Airways, will launch a new weekly freight operation from Abu Dhabi, United Arab Emirates, to Guangzhou, China, effective Jan. 17. The new cargo service will operate every Thursday using an Airbus A330-200F freighter, with a capacity of 68 metric tons. "China is a strategically important...
Teamsters, ABF Resume Talks After Contentious Start The Teamsters union and ABF Freight System are back at the bargaining table. Negotiations on a new multiyear contract resumed Jan. 8 and will continue through next week, the union said in a notice published on its Web site. Those talks got off to a contentious start Dec. 19 when the...
China's Exports Bounce Back, But Outlook Weak Chinese exports ended 2012 surprisingly strongly, but economists expect the rebound to be short-lived. Year-over-year growth of 14 percent in December took export expansion for the year to 7.9 percent - down on the government target of 10 percent, but much higher than many analysts expected after growth over the first...
Singapore's Container Traffic Rose 5.7 Percent in 2012 The Port of Singapore reported its container throughput in 2012 was a record 31.6 million 20-foot-equivalent units, increasing 5.7 percent from 29.9 million TEUs in 2011. Total cargo tonnage handled in 2012 also reached a record high, rising 1.2 percent to 537.6 million metric tons from 531.2 million metric tons the year before. The...
ANA, JAL International Cargo Volumes Up in November Japan's All Nippon Airways Co. said that its international cargo volume grew for the 10th consecutive month in November on a year-on-year basis, surging 14.2 percent to 51,992 tons. ANA's domestic cargo volume also rose for the second month in a row in November on a year-on-year basis, increasing 5.8 percent...
Mumbai Port's Throughput Up 9 Percent Throughput at India's Port of Mumbai grew 9 percent in the first three quarters of fiscal 2012-13, the port authority said in a statement on Thursday. Total tonnage from April through December was estimated at 44 million tons, compared with 40.2 million tons a year earlier. Despite a turnaround in overall cargo...
Cathay's New Hong Kong Terminal to Open in February Cathay Pacific Cargo Terminal at Hong Kong International Airport. Cathay Pacific Services, a subsidiary of Cathay Pacific Airways that operates the new Cathay Pacific Cargo Terminal at Hong Kong International Airport, will open the new terminal on Feb. 21. To ensure a smooth transition, the company will move cargo operations to the...
China Logistics Group Optimistic for 2013 Freight forwarder and logistics management company China Logistics Group sees positive indications for its logistics operations in China in 2013. Although there is still an overcapacity issue in the overseas shipping industry, the amount of container tonnage moving through major Chinese ports is rising and forecast to rise further in 2013,...
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 ...
UASC confirms 18,000 teu boxship interest United Arab Shipping Co has confirmed its interest in ships of up to 18,000 teu because of the huge cost advantages that vessels of that capacity can produce.The ...
Unifeeder integrates Feederlink into combined schedule Danish short-sea feeder company Unifeeder has announced a revised schedule for services ex/to UK ports following the acquisition of Dutch-based Feederlink at the ...
Local spat casts shadow over USEC labour talks With master labour contract negotiations set to resume next week between the International Longshoremen's Association [ILA] and the US east coast and Gulf Coast ...
JP Morgan launches USD3.1bn bid for Port of Virginia JP Morgan is putting together a USD3.1bn bid for the Port of Virginia in a move that could pitch the US investment bank into the premier league of terminal owners ...
Lines' profits could reach USD5bn in 2013 Global container lines should end 2013 comfortably in profit after a collective return to the black last year, as long as they are able to keep ship supply under ...
Bunge's bulker buffet Bunge caught the dry-bulk market's attention Thursday after fixing a pair of panamax newbuildings under construction in China.
Debt market offers hope The debt markets are poised to become an increasingly important source of capital for shipowners in the year ahead, according to Watson, Farley & Williams (WFW).
Eager for expansion Asset prices across many of shipping's most notable segments have plummeted to historic lows but there are some areas of the industry where levels are expected to climb in the months to come.
DVB: we need partners The need for collaboration between shipping's leading lenders is great than ever, according to the chief executive of DVB Bank.
Boskalis gets thumbs up Shareholders have approved plans by Royal Boskalis Westminster to issue new shares to help pay for the takeover of Dockwise.
Amsterdam hits record The port of Amsterdam has posted its best-ever cargo-handling figure as volumes grew 3% in 2012.
Diana ties up newbuild Diana Shipping has chartered out a post-panamax newbuilding to Augustea Bunge Maritime.
Bond pot spills over Helge Mogster's Dof Subsea has completed a successful visit to the Oslo bond market collecting $50m more than it hope for.
NOCC pockets more Norwegian Car Carriers (NOCC) has entered into a time charter contract for a majority owned car carrier.
Cargoship stranded off Japan A Cambodian-flagged cargoship has anchored safely in Japanese waters after losing power.
Clipper sells again Denmark's Clipper group has offloaded another two tankers in a busy start to 2013.
Clarksons goes Dutch Clarksons has added another string to its sale and purchase bow with the opening of a new office in Amsterdam.
Rem scores charter Rem Offshore has entered into a long term contract for a subsea construction newbuilding.
Rongsheng wins tussle Rongsheng Heavy Industries has come up trumps in its legal tussle with a Chinese investor following its cancelled takeover of an engine marker.
Samsung raises its sights Korean shipbuilder Samsung Heavy Industries is aiming for a big jump in new orders in 2013.
Age cap for ONGC India's ONGC has responded to criticism of its tendering policy by saying it will not charter offshore ships older than 27 years.
MISC expands oil storage A joint venture between MISC shipping company and oil trading giant Vitol are set to expand storage capacity at their Malaysian terminal.
Docker killed on MPP A Canadian stevedore has died after being crushed by a bale of pulp being loaded on to a Wagenborg ship.
Two banks show stakes Two more banks have been uncovered as major shareholders in reshaped Danish shipowner Torm.
TOO joins Oslo flock Teekay Offshore is the latest branch of the Canadian owner to go shopping in Oslo for bond cash.
Subsea 7's Mexican first Oslo-listed Subsea 7 has won a debut contract for its Mexican joint venture.
Ekol charters ro-ro trio Ekol Logistics of Turkey has chartered three Colbelfret ro-ro vessels for a new run to Italy.
CMES earnings slashed China Merchants Energy Shipping (CMES) has posted a big fall in 2012 profit despite a slight revenue rise.
Shipping to the rescue? A Greek think-tank has said domestic shipowners can help lead the country to economic recovery - as long as they're not taxed on overseas earnings.
PierPass launches effort to cure gate mix ups Marine terminal operators at the ports of Los Angeles and Long Beach this year hope to develop some simple solutions to reduce delays at their gates caused by truckers due to miscommunication.
Analysis: BNSF to emerge as major project cargo player Albacor, which primarily deals with project cargo on the surface-transport side of the equation, will give BNSF an entre into Europe and Russia, while EP-Team will strengthen the company's express air freight activity.
Jaxport joins CRT to address truck emissions A group of shippers, known as the Coalition for Responsible Transportation, is partnering with the Port of Jacksonville in a voluntary initiative to reduce air pollution caused by shuttle trucks serving the Florida port and their warehouses.
Yusen granted China forwarding certification
Crime analytics firm, insurance broker take on cargo theft
Drewry forecasting higher freight rates
ILA-USMX contract talks continue next week, despite NY/NJ breakdown ILA spokesman Jim McNamara said a meeting next week on master contract issues for 14 container ports on the East Coast and Gulf Coast "is still on" and local negotiations are continuing in other ports.
Diesel to average $3.87 in 2013 The average price of diesel will fall to $3.87 per gallon this year, a price drop of 10 cents compared to the average cost of diesel fuel in 2012, according to the U.S. Energy Information Administration.
High powered dual-fuel engines pass load tests Dual-fuel engines capable of running on treated well gas or treated crude, as well as MDO, which means virtually no MDO will need to be shipped to vessel.
Dual-fuel cruise ferry to enter service Use of LNG will enable the ferry to sail without restrictions in ECAs.
Big rises seen across European ports Prices make double digit gains in north-west Europe.
Bunker prices climb in Fujairah But mixed outlook in South Africa.
Bank lending to shipping declines Lack of ship finance puts credit role of bunker companies in focus.
Figures confirm a fall in Singapore's annual bunker sales Fall comes despite new records in container throughput and vessel arrival tonnage.
Onshore fuel oil stocks falling Traders say decline reflects move away from shore-based storage.
Polish LNG terminal gets cash boost Swinoujscie projects secures investment from European Commission.
Port expansion could reduce shipping-related carbon emissions EBRD backing moves to turn Baltic port into major transshipment hub.
Singapore bunker supplier faces liquidation The firm owes TH KMG Singapore around $17.2 million.
Bunker prices move higher Higher prices in line with stronger oil values.
Chimbusco, Beijing Petroleum Exchange in strategic agreement Its oil depot will be used as the designated delivery depot for fuel oil contracts traded under the exchange.
What happened to the Buyer? I am amazed how much an Owner is spending on anything that can/will improve the performance of his vessel while forgetting the most important person.
Stevedoring firm sets up bunker unit in Singapore TNS Bunkers will focus on trading in bunker fuels and marine lubricants.
UASC in talks to build mega box ships Japanese shipping firm K-Line also seeking to build ultra-large vessels, reports say.
Brightoil takes delivery of fourth VLCC Brightoil Grace has been delivered.
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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