Germany gives go-ahead for equipping corridor A with ERTMS Germany's ministry of transport has taken a fundamental decision to equip the country's section (Emmerich-Basel) of the European freight corridor A (Rotterdam-Genoa) with the Europ...
Reconstruction of Sena railway in Mozambique now underway The USD 45 million reconstruction work on the Sena railway line in central Mozambique has started and should be completed within six months. The line runs from the port of Beira to...
Switzerland investing heavily in national highway maintenance and construction Switzerland's federal government is investing around CHF 2 billion in the country's national road network this year. Out of that sum CHF 660 million has been allotted to the constr...
Two Canadian trucking companies receive awards The Truckload Carriers Association (TCA) has honoured Brian Kurtz Trucking LTD, of Breslau (Ontario), and Bison Transport, based in Winnipeg (both Canada) with the National Fleet S...
Juan Carlos Garcia new general manager Swissport Cargo Spain Juan Carlos Garcia became the new general manager for Swissport Cargo Services in Spain today (15 March). He reports to Nils Pries Knudsen, senior vice-president Cargo Europe. Garc...
Belarus to implement hefty increase in road tolls Belarus is raising the rates for the use of its toll roads from 1Ju...
New rail link between Russia and Turkey Russia and Turkey are now officially linked by a regular train service between the Russian port of Kavkaz on the straits of Kerch, the sea passage between the Black Sea and the Sea...
Transco expanding management The Transco Group has chosen Isabella Kirschbaum to be its new commercial director. She has shouldered responsibility for the following sectors: finance, controlling, insurance, le...
British Aztek Logistics celebrates tenth anniversary Hertfordshire (UK)-based Aztek Logistics Ltd is set to mark its tenth year of trading in April 2013. The company, which is owned and managed by its founder, Stuart Charter, is base...
Management reshuffle at ITL Eisenbahngesellschaft mbH in Dresden Jérôme Méline will become the managing director of the railway company ITL Eisenbahngesellschaft mbH (ITL), a member of the Dresden (Germany)-based Captrain Deutschland group, on 1...
Rickmers-Linie establishes westbound round-the-world service The German shipping company Rickmers-Linie is launching a westbound round-the-world service, connecting areas of economic growth in Asia and South America and then sailing on ...
Aqaba Container Terminal's expansion programme making progress Aqaba Container Terminal (ACT) in Jordan has completed the first part of its berth expansion project's second phase. The quay length has been expanded to 200 m and two ship-to-shor...
Hapag-Lloyd upgrades South East Asia - Australia service The German shipping company Hapag-Lloyd is enhancing its South East Asia-Australia service (SAL) with effect from 17 April 2013. The newly enhanced SAL will be a joint product of t...
Logwin doubles storage capacity near Barcelona The Grevenmacher (Luxembourg)-based logistics services provider Logwin has expanded its storage capacity on the northeastern coast of Spain. Operations began at a new, around 5,000...
SkyCargo strengthens "cool chain premium service" SkyCargo, the freight division of Emirates, one of the world's fastest growing airlines, has strengthened its "cool chain premium service" with the appointment of an...
Boeing and Swiss announce commitment for six B777-300ERs Boeing, the Lufthansa Group and Swiss International Air Lines announced a commitment for six B777-300ER (extended range) airplanes yesterday (14 March). The airplanes, valued ...
Iata says good-bye to Doha and hello to Los Angeles The International Air Transport Association (Iata) concluded the seventh World Cargo Symposium (WCS) yesterday, 14 March, in Doha (Qatar) with a renewed commitment to improve air c...
Reederei Buss assures on restructuring GERMAN container and multipurpose shipowner Reederei Buss today rejected reports that its restructuring might be in limbo
Tanker in contamination dispute ordered arrested COLOMBIA'S High Court has ordered the arrest of a Vietnam-flagged oil product tanker
Arison quizzed on safety SENATOR Jay Rockefeller has publicly posted a letter to Carnival Corp chairman Micky Arison seeking answers on cruise safety
More consolidation, layoffs grip Germany GERMANY'S consolidation juggernaut keeps rolling for ship managers, with some of Hamburg's biggest players forming a joint company
Box rates pick up RATE RISES by Far East/Europe box lines are hitting the market today, with stronger gains than expected on spot rates
VLCC gloom seen lingering in April THE VLCC tonnage glut and demand slip were today seen continuing the squeeze on shipowners next month
Ultrapetrol's losses widen NASDAQ-listed Ultrapetrol today reported steeper quarterly losses, driven by continued fallout from last year's South American drought
Refuge rules studied in Flaminia reaction AN EC PANEL is today to begin reviewing EU policy on provision of refuge for ships in distress
Wärtsilä plans facility for Brazilian offshore FINLAND'S Wärtsilä plans a factory in Brazil to meet the increasing offshore and other market demand
German thermal coal imports climb THERMAL coal imports into Germany climbed to a new high of 35M tonnes last year, according to VDKI, the association of German coal importers
Nam Cheong gains seen MALAYSIA'S largest OSV builder Nam Cheong is a "key beneficiary" of a recent pick-up in Malaysian offshore activity, UOB Kay Hian said today
PSL buys $16M bulker THAILAND'S Precious Shipping said today it has bought a 53,000dwt bulker for $16M
Yard financing to weather LNG falls INVESTOR financing for newbuildings is expected to withstand pressure from declining charter rates for LNG carriers, a shipbuilding analyst assured today
CSG raises 3.5Bn yuan CHINA Shipping Group said it has raised 3.5Bn ($557.3M) yuan by selling two tranches of short-term notes to repay bank loans and replenish working capital for its box-making and shipbuilding subsidiaries
Japan seeks even more LNG JAPAN is reportedly negotiating to import more LNG from Russia and secure new supplies from Mozambique, reported IHS World Markets Energy
Becky Goodrum, China Shipping Manager, Dies at 47 Becky Goodrum, who headed China Shipping's eastbound trans-Pacific service product as national sales manager, imports, died March 11 in Erie, Colo., after a long battle with cancer. She was 47. Before joining China Shipping 13 years ago, Mrs. Goodrum held line management roles with DSR Senator, Inchcape and Mitsui O.S.K. Lines....
Dutch Parliament Changes Course on UN's Container Weighing Requirements The Dutch parliament has called for work to stop on an international scheme to weigh each packed container before it is loaded on board a ship. The proposal was developed by the United Nations' International Maritime Organization and seeks to reduce the number of containers lost at sea. Until recently, the Netherlands...
Ridermakerz Selects Regal Logistics' California Distribution Center Ridermakerz, a children's toy company, has chosen Regal Logistics' new Garden Grove Distribution Center to import and distribute its toys to its Southern California store, starting this month. Containers with Ridermakerz' products will move through the ports of Long Beach and Los Angeles on their way to Regal's new facility. From...
Norbert Dentressangle's Perishables Service Thrives in Chile orbert Dentressangle reported that its freight forwarding division in Chile, which launched 18 months ago, handled 1,500 metric tons of blueberries and cherries from Chile to the U.S., China and Europe in December 2012, jumping almost 50 percent from December 2011, according to Fruitnet. The provider of perishable air freight management...
Graybar and Brocade to Host Nationwide Security Integrator Training ST. LOUIS - Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, today announced that it will host free IP training for security integrators in conjunction with Brocade. Training seminars will be available in seven cities nationwide. "These seminars...
Port of Seattle Honors Green Gateway Award Winners SEATTLE - The Port of Seattle presented its Green Gateway Partners Awards, which recognize the comprehensive environmental achievements of the port's cruise and containership operators. This year's award winners are APL Ltd., Maersk Line, Matson Navigation, COSCO Container Lines America's Inc., Royal Caribbean International, Celebrity Cruise Lines, Norwegian Cruise Line,...
Bentley Honored by Maryland State Senate BALTIMORE - Former U.S. Congresswoman and maritime authority Helen Delich Bentley was honored by the Maryland State Senate for her tireless efforts to promote Baltimore's port and "make government work for all" by helping the Port realize its economic development potential. Bentley, a past chairman of the Federal Maritime Commission, spoke...
St. Lawrence Seaway Tolls to Increase 3 Percent The St. Lawrence Seaway Management Corp. has modified its toll schedule for the 2013 navigation season, which includes a 3 percent toll increase, following a five-year freeze on rates. The schedule features a new business incentive program, which offers a 20 percent discount on cargo tolls for three seasons for any commodity,...
Soren Skou's Recipe for Rates The undercard is complete, the verbal jousting is done, and it's time to get on with the main event: the container shipping industry's contract negotiating season. For now, shippers and carriers will have to agree to disagree about how supply and demand in the trans-Pacific will play out on the rate...
SCFI Asia-Europe Rates Up, Result of March 15 GRI The Shanghai Containerized Freight Index was affected by a general rate increase from Asia to Europe on March 15, with rates on both European lanes jumping 42 percent per 20-foot container mark, according to data issued by the Shanghai Shipping Exchange. Carriers achieved 61 percent of the proposed $700 rate...
Cabrera Named Head of Jaxport Trade Development, Marketing Alberto Cabrera, Jaxport's new director and general manager of trade development and marketing.Florida's Jacksonville Port Authority has named Alberto Cabrera as its director and general manager of trade development and marketing. In his new position, Cabrera is responsible for the overall management of cargo sales activities and the development of strategic...
Japan Says It Wants to Join TPP Talks Japan has announced it will seek to join the Trans-Pacific Partnership, the BBC reports. The free trade agreement is currently being negotiated among 11 countries. It aims to foster closer ties and boost trade in goods and services between the member countries. However, there have been protests in Japan against the pact,...
ILA Contract: Reporter's Notebook Notes and comments after a year of covering the wild ride to an International Longshoremen's Association contract agreement ... - Shippers can exhale. After more than a year of worrying about an East and Gulf Coast strike, they can put their contingency plans back on the shelf. The final agreement by...
Terminals Bet on Biggest Bang (for Buck) Theory Container terminal operators worldwide agree that as vessels get larger, survival depends on terminals' ability to increase productivity and reduce costs through automation. Whether to implement automation, however, is a decision based on the annual container volume, the costs of land and labor from region to region, and the time...
Preparing for Disruption On Sunday, July 31, 2011, Tropical Storm Nok-Ten made landfall in northern Vietnam, and quickly entered northeastern Thailand. The flash flooding that would begin across Thailand's northern regions soon would spill onto the lower central provinces, fed by weeks of winter monsoon rains. Even after most factory production already had...
Chicago 20-Foot Container Availability Shrinks 50 Percent The number of 20- and 40-foot containers available for export in Chicago declined significantly in the week of March 13, according to the U.S. Department of Agriculture's weekly Ocean Shipping Container Availability Report. Carrier data used in the report indicates the availability of 612 20-foot containers this week, down more than...
Restaurant Shippers Drive Reefer Intermodal Growth A supply chain and logistics provider serving major U.S. fast food and sit-down chain restaurants said its customers could double the share of surface freight shipped via railroads to as much as 9 percent in the coming years. Armada Supply Chain Solutions said the roughly 15 restaurant chains it serves...
APL Abandons 53-Foot Ocean Containers APL no longer offers vessel space for 53-foot ocean containers in its trans-Pacific services. It has struggled to find sufficient enough U.S. export cargo for them, while revenue on the eastbound leg has not been sufficient to cover the costs of repositioning empties back to Asia. The carrier introduced an ocean-capable,...
New Chassis Models Emerge Container lines' rapid exit from intermodal chassis ownership is spawning several equipment supply models that emphasize flexibility and a larger role for lessors and truckers. The percentage of U.S. chassis owned by container lines fell from 51 percent in 2009 to 32 percent last year and is expected to fall to...
ILA Contract Creates Shifts for NY-NJ The Port of New York and New Jersey's unique "continuous operation" system will be replaced by work shifts similar to those of other U.S. ports under the new International Longshoremen's Association local contract. The contract negotiated by the ILA and the New York Shipping Association calls for regular work gangs and...
Bollore looks to 'unlock' Africa French conglomerate Bollore has unveiled plans to expand its logistics footprint in Africa.It said it would expand rapidly in Nigeria, South Africa, Algeria and ...
Hi-tech shippers switching from air to ocean Cargo that has traditionally utilised air freight is increasingly switching to sea freight as shippers look to capitalise on lower transport costs and the trend ...
Singapore tops the world in box volume during January-February SINGAPORE has temporarily taken the crown of the world's busiest port from Shanghai, having handled slightly more containers during the first two months of this ...
LA reports double-digit box growth for February US WEST coast box hub the Port of Los Angeles saw February container volumes grow 17% to 615,000 teu over the like month of 2012.For the first two months of 2013, ...
New service to capitalise on growth in east Africa Hanjin, Evergreen and Simatech will launch a new service linking Kenya and Tanzania to the Middle East and Indian subcontinent to capitalise on growth in the two ...
CMA CGM creates Long Beach volume surge
Sanctions data launched in Lloyds List Intelligence SANCTIONS data issued by the US, the EU and the British financial regulator are now included in the risk channels of Lloyd's List Intelligence from this week and ...
Huge savings in system Over $1bn worth of cost cuts can still be found in the Maersk Line system, its CEO says.
Prosafe pockets cash Prosafe has raised $130m through a private placement to fund new acquisitions.
CSG sells a billion State shipowner China Shipping Group (CSG) has raised CNY 1bn ($161m) through a short-term debt sale.
CSCL buys into Zeebrugge China Shipping Terminal Development has established a foothold in Europe after agreeing to buy a stake in the Belgian container terminal of Zeebrugge from APM Terminals.
Casualty costs Carnival Carnival Corp has returned to the black in the first quarter but it has pulled down its full-year profit guidance following a fire onboard one of its vessels last month.
No buys for LSC Latvian Shipping Company (LSC) can't afford to take advantage of low prices to add tankers to its fleet.
'No magic solution' Shipowners and operators remain in pursuit of fresh finance from non-traditional sources but limited success means a funding gap still exists caused by shrinkage in the bank debt market, according to an new industry survey.
Shipping 2013 sneak peek On Monday night shipping's brightest stars will gather at Connecticut's only five-star hotel to celebrate the first day of the Shipping 2013 conference and exhibition over dinner and drinks.
Vroon wins wind deal Vroon's MPI Offshore has won a charter in Germany for a wind farm installation ship.
Karadeniz gets tough Turkish power ship owner Karadeniz has started arbitration proceedings over a pair of vessels seized by Pakistan.
From first ship to sanctions Dimitris Cambis has moved from first-time shipowner to the US sanctions hit list in just six months.
Shell's silver bullet TradeWinds digests the digits making the headlines this week.
Near miss in NZ Tugs managed to prevent a PIL boxship slamming into the side at Tauranga, New Zealand, after the containership lost power.
Seago goes to Russia AP Moller-Maersk-owned Seago Line is launching a new Russian run.
Cambis fights his corner A Greek shipowner hit by US sanctions for allegedly carrying Iranian crude on a fleet of VLCCs says the murky situation has nothing to do with oil.
A decade of delays Maintenance works at Germany's Kiel Canal could lead to bottlenecks until 2024, shipping companies fear.
Demolition disappointment Great Lakes Dredge and Dock has described its fourth quarter and full year results as a disappointment despite seeing a 30% hike in revenue.
Japanese orders plunge Japanese shipyards saw February orders drop 58% as overseas owners stayed away.
Bound for Brazil Finnish ship engine maker Wartsila is setting up shop in Brazil.
Vinalines ship held Sri Lanka has ordered the detention of a tanker owned by troubled Vinalines of Vietnam in a row over a contaminated cargo.
Greek feels Iranian heat A probe into possible Iranian oil shipments has led US authorities to freeze assets of Greek shipping executive Dimitris Cambis.
DS quits yard game Korea's DS Steel is closing its shipbuilding division which has racked up an overall loss since it was founded in 2008.
Into Africa Container lines Evergreen, Hanjin Shipping and Simatech are aiming to cash in on rising GDP in East Africa.
Looming disaster? We take a look at what was said in the market over the past week.
Hellenic hammered Weak freight rates and fewer ships have combined to push Hellenic Carriers to a $21m loss for 2012.
Ultrapetrol losses treble Ultrapetrol has seen its full-year results deteriorate on the back of higher costs and vessel write-downs.
MPA in safety warning Singapore authorities have called on shipowners to maintain safe navigation within the port following a spate of collisions.
Sorensen joins Holcim Maersk Tankers' chief executive officer Hanne Sorensen is set to join the board the Swiss cement giant Holcim.
Duo trim Clarkson Shipbroker Clarkson has been downgraded by several investment banks in the wake of its recent full-year results.
FMC allows G6 agreement in Asia-U.S. East Coast Commissioner William P. Doyle said the G6 Alliance will deploy more than 50 ships in the transpacific trade, with three strings through the Panama Canal and three through the Suez Canal, and is scheduled to begin operations in May.
SSA to run container-barge terminal in Stockton The marine terminal operator will manage a dedicated facility created for the barge service that will haul export and import containers to and from the Port of Oakland, 75 miles away on the San Joaquin River.
Maersk vows to match capacity to demand Soren Skou, Maersk Line CEO, said if there's insufficient demand by shippers for transport when its 18,000-TEU ships enter service later this year between Asia and Europe, the company will trim capacity.
Teamsters reviewing YRC's freight network changes The motor carrier sent the union a proposed set of network changes to optimize line-haul density, reduce shipment handling and improve service. YRC would like the improvements to start in May.
Japan intends to join TPP talks
L.A./Long Beach cargo gets boost from Chinese New Year
Kinder Morgan suspends offer for Wilmington, Del. terminal
China Shipping invests in APMT Zeebrugge
Miami, Chicago top airports for investment
New India, Persian Gulf and East Africa service starts
Israeli airline gains Environtainer status
ModusLink moves Netherlands facility
Worldwide Express offers upgraded technology
Cleveland port names Krantz chairman
Bargteil receives prestigious NCBFAA award
Inchcape warns of Asian gypsy moth regulations
Toy company moves to new L.A. facility
U.S. seeks WTO settlement on Indonesia's ag import rules
Weekly global bunker market update A weekly price round up of bunkering hubs from around the globe.
LSFO price surges in Houston to close out week WTI crude gained for sixth time in seven days as the dollar weakened and inventories fell at a major storage hub.
Dynamic boosts risk management capacity Belle Shafer previously worked for the Hess Corporation.
South Carolina marina adds ValvTect marine fuel New products are targeted at East Coast cruisers and boaters travelling along the Intracoastal Waterway.
Finnish solutions provider launches fuel-savings applications One monitors speed profiles while the other monitors fuel consumption related to engine power needed.
LNG GOT project still ongoing Gothenburg's original LNG bunkering project behind schedule but remains in the running for terminal.
Ultrapetrol modifying vessels to run on different fuel Intends to modify its line diesel-powered pushboats to run on heavy fuel oil.
Demand strengthening in Fujairah Cape Town prices not moving on lack of product.
IFO product tight in Hamburg But prices rising in major European ports.
Carnival achieves bunker savings World's largest cruise line has returned to profit in the first quarter.
US targets Greek owner's assets over Iran allegations Dimitris Cambis denies any wrongdoing.
Itochu to quit Helios terminal Helios move may signal switch in focus to low sulphur product.
New marine purchase manager for Dan Bunkering Chan has already worked for a physical supplier.
New generation of 'eco-ships' to dominate the market Early adopters of fuel efficient tonnage will derive 'maximum fuel-savings benefits'.
Asian bunker prices end week firm Traders in Hong Kong saw above-average demand.
Wartsila to maintain LNG dual-fuel cruise ferry The agreement is for five years.
Momentum for LNG bunkering 'building', says editor Europe praised for going ahead with LNG infrastructure plans.
Decline in global sulphur emissions expected Partly due to change of sulphur content in marine fuels.
Russian shipyard building bunker tanker The vessel has been designed to accept and discharge oil products from shore and vessel facilities.
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