Volkswagen Recognizes APM Terminals Inland Services India PUNE, India - Volkswagen India selected APM Terminals Mumbai Container Freight Station (CFS) to receive its annual "Supplier Appreciation Award" for excellent performance during 2011-2012. The award is in recognition of the Inland Services operation's help in achieving Volkswagen's targeted logistics chain performance levels for the 110,000 vehicle capacity Chakan...
Birgitte Henrichsen Appointed Head of Communications, Branding & Marketing COPENHAGEN, Denmark - Birgitte Henrichsen has been appointed Vice President, Head of Communications, Branding & Marketing, A.P. Moller - Maersk, as of 1 June 2013. "Since joining the Group and Group Relations in 2008, Birgitte has been an important driver of the Company's enhanced relationship with the media, both in Denmark...
Fednav Increases its Great Lakes Fleet MONTREAL - Fednav Limited, the largest international maritime bulk carrier in Canada, today announced the addition of six new vessels to its fleet. Ordered with Sumitomo Corporation and Oshima Shipyard, the environmentally advanced vessels will be built in Japan and will add substantial capacity to its Great Lakes-capable fleet of...
IFS Group Launches CargoWise in Lima CHICAGO- CargoWise, a global leader in technology solutions for logistics service providers (LSPs), announced the successful adoption of ediEnterprise delivered through WiseCloud by leading Peruvian freight forwarding and logistics experts of International Freight Shipping S.A.C., part of the IFS Group. With more than 5,000 international partners globally, and more than 1,000...
Norfolk Southern to Honor Military Veterans as They 'Ride 2 Recovery' NORFOLK, Va. - Norfolk Southern will honor more than 200 wounded military veterans Saturday, June 1, when they stop in Norfolk, Va., as part of their week-long "Ride 2 Recovery" memorial challenge. Ride 2 Recovery is a rehabilitation program of the Fitness Challenge Foundation that features cycling as its core activity....
Union Pacific Publishes 2012 Sustainability and Citizenship Report OMAHA, Neb. - Union Pacific today published its 2012 Sustainability and Citizenship Report, underscoring the company's innovations in the areas of environmental stewardship, safe operations, employee well-being, community development and customer value, as well as its commitment to upholding the highest standards of corporate governance and ethics. "Union Pacific's legacy...
New Pennsylvania Facility Celebrates 500 Day Major Safety Milestone LEBANON, Pa. - On May 15, 2013 the New Penn Milton, Pa. facility celebrated its 500th consecutive day without a single lost time injury. This monumental achievement was reached by all employees at the facility across all operations including dock-workers, drivers, office-workers and sales personnel. "Working safely every day takes practice,...
North Carolina Railroad Developing Multimodal Facility Aberdeen Carolina & Western Railway, based in Star, N.C., is in the process of developing a multimodal facility and business park in Midland, N.C., the Independent Tribune reports. The railroad company, which operates the 150-mile Carolina Route rail corridor through central North Carolina, is currently recruiting companies for the future business...
Yang Ming Extends Lease at Port of Los Angeles Yang Ming is extending its lease at the Port of Los Angeles for an additional nine years. The ocean carrier's current lease at the West Basin Container Terminal was to end in 2021, but it will now last until 2030, Los Angeles Mayor Antonio Villaraigosa said today. The mayor also signed a...
OOCL to Raise Trans-Pacific Rates on July 1 OOCL will boost rates for dry and refrigerated shipments in its trade from Asia to the U.S., on July 1: For shipments to U.S. West Coast ports and Group 4 points, the hike will be $320 per 20-foot dry and reefer container, $400 per 40-foot dry container, $450 per 40-foot high-cube...
Evergreen Schedules July 1 Rate Hikes Evergreen will raise rates in its trade from the Far East, excluding India, Sri Lanka, Pakistan and Bangladesh; South Africa; and the Middle East, to the U.S., Puerto Rico and Canada, effective July 1: For U.S. West Coast, Group 4 points and British Columbia cargo, the hike will be $320 per...
Pacific International Offers Direct Manila-LA Service Pacific International Lines will soon revise its CTP service to provide a direct connection between Manila, the Philippines, and Los Angeles. The Kota Wangi, voyage 982, will be the first ship to sail in the Manila (North Harbor) to Long Beach service, leaving Manila on June 20 with a scheduled transit...
Indonesia Exempts Australian Beef From Quotas Imports of Australian beef will be exempt from Indonesia's quotas, following negotiations with the Australian government, in order to stabilize the supply and cost of beef in Indonesia's domestic markets ahead of Ramadan next month and the Eid al-Fitr festival in August. The Indonesian government also confirmed that quotas applying to...
LaHood Appoints Seven to Academy Advisory Board Ray LaHood, U.S. transportation secretary, has selected seven members to the U.S. Merchant Marine Academy's advisory board. The new members include: Sharon van Wyk, executive vice president and chief operations officer at American Public University System. Kathy Humphrey, vice provost and dean of students at University of Pittsburgh. Laurie Leshin, dean of the school...
OOCL to Hike Asia-North Europe Rates in July OOCL will increase rates for westbound traffic on its trade from Asia to North Europe, starting July 1. The hike will be $975 per 20-foot-equivalent unit, the container line said. Rates in this trade lane have been declining, despite recent general rate increases by several carriers....
US Carload Traffic Dips After Three-Week Rise U.S. carload traffic fell 3.3 percent year-over-year in the week ending May 25, according to the Association of American Railroads. This was the first U.S. carload volume dip since April. Combined North American carload volume, including all three North American Free Trade Agreement partners, edged up 0.4 percent from the same week in...
WCI: Eastbound Backhaul Container Rates Extend Decline to Sixth Week World Container Index Rates to Shanghai Full-size image Backhaul rates from northern Europe fell again this week and are currently at their lowest level since January 31, according to the latest release of the World Container Index. This is the sixth week of declines in this lane, with rates down a total...
NS Reroutes Missouri Shipments After Flooding Norfolk Southern is rerouting shipments that normally move through Hannibal, Mo., as rising Mississippi River levels have impacted bridge and main line operations in that area. Consequently, customers may see delays of up to 24 hours. Based on current projections, the river level will remain at high levels for several days....
Global Trade Seminar Highlights Financial Returns for Retailers EAST RUTHERFORD, NJ, May 29, 2013 - Presenters at a recent retail seminar focused on global trade management best practices highlighted significant cost savings opportunities in the areas of First Sale and duty drawback. "First Sale savings within the first five years is typically 10 to 20 percent on duties," said Laura Siegel Rabinowitz, of...
Golar firms FLNG play Golar LNG has inked a deal for a stake of at least 25% in Canada's proposed Douglas Channel LNG project.
Bigger than big John Fredriksen's Ship Finance International (SFI) said that its just-ordered post-panamax newbuildings will offer more cargo capacity than their 8,700-teu nameplate figure suggests.
Erria makes box play Danish shipmanager Erria has taken control of its Vietnamese terminal venture in a deal with AP Moller-Maersk.
Golar Partners grows Golar LNG Partners has posted an increase in earnings in the first quarter as its fleet expanded.
Marenave wants to buy The Tobias Konig-led company sees itself as a platform for consolidation in the sector.
Scorpio cleans up Scorpio Tankers has taken its newbuilding orderbook past the 50 mark after clearing out all of the options it had following a spate of activity this year.
SFI earnings chopped New York-listed Ship Finance International (SFI) has posted weaker first quarter figures as revenues fell.
Royal makes it three Royal Caribbean Cruises has added a third Quantum-class vessel to its newbuilding orderbook at Meyer Werft shipyard.
TransAtlantic cuts back Sweden's TransAtlantic is making up to 30 staff redundant as part of a restructuring of its industrial shipping division.
Zim cool on cuts Zim has shrugged off the significance of a downgrade from Standard & Poor's and flagged up its improving financial health.
Clarksons dry chief out Guy Campbell has exited Clarksons as the latest round of musical chairs in the shipbroking market continues.
PDVSA order revived Portugal's ENVC shipyard has finally started work on two tankers ordered in 2010 by Venezuelan oil company PDVSA.
Panama scam revealed The Panamanian Maritime Authority (PMA) has started legal proceedings against employees involved in issuing fraudulent certificates to ship officers.
Dof Subsea duo find work Dof Subsea has found work for two of its vessels in the Asia Pacific region.
TW+ is coming TradeWinds launches a new quarterly supplement this week, called TW+, with a focus on the people at the very top of the business - their plans for their companies and beliefs about the industry.
Finnvera ready to go Finnish state financing group Finnvera says domestic owners will order more than 10 new ships by 2015 to comply with emissions regulations.
Signs of recovery Greek ferry group Attica has cut its first-quarter loss amid signs of recovery in the Greek economy.
Still seeking contracts Norway's Awilco LNG remains confident of winning contracts for two newbuildings due from Daewoo in Korea this year.
Zim cuts deficit Zim remained rooted in the red despite a raft of cost cuts eating into its first quarter deficit.
Frontline's bleak forecast John Fredriksen's Frontline painted a bleak picture for the crude tanker market and again warned of a restructuring risk as it wheeled out a first quarter loss today.
Nordic no nearer Talks continue with banks and investors to avoid winding-up of Danish tanker owner.
NCL in $1.3bn debt deal Norwegian Cruise Line (NCL) has refinanced debt at better rates in a $1.3bn deal.
NOCC back in black Norwegian Car Carriers (NOCC) has made a positive start to 2013 with a return to profit in the first quarter.
STX ship arrested South Korea's STX Pan Ocean has reportedly had one of its panamax bulkers arrested in Singapore court documents show.
RCL counts the cost Royal Caribbean Cruises says a recent fire aboard one of its cruiseships is likely to hit annual profits by 10 US cents per share.
Port charge faces possible challenge in NJ legislature The Port Authority of New York and New Jersey implemented the controversial $4.05-per-TEU Cargo Facility Charge in 2011 to help pay for road and rail infrastructure, as well as security at the port.
Don't increase truck weight limits, group says "The recent bridge collapse is a classic example of how the stability of our nation's highways and bridges is already compromised," OOIDA's Todd Spencer said. "Adding more weight to the equation is the last thing we need."
Mexico activates new audit for textile imports
U.S., Caribbean countries to boost trade
U.S. gains upgraded 'mad cow' risk classification
Panama Canal offers just-in-time transit slots The authority said the new service will allow vessels to arrive at the canal much closer to their scheduled transit times, allowing them to remain at anchor for less time before actually beginning transit.
Zim reports smaller loss, higher revenues The Israel-based liner carrier recorded a loss to shareholders of $112 million in the first quarter of 2013, compared with a loss of $163 million in the same quarter last year. It also had revenue of $918 million for the quarter.
MSC completes sale of terminal company stake
Maersk sets new rotations for MECL 1 and 2
Fednav to add 6 more ships to Great Lakes fleet
IATA: Global air freight up slightly in April
Etihad launches globe-trotting freighter service
U.S. trade with neighbors drops 4% in March
DHL confident in growth targets
PSA expands stake in Fuzhou port
PECO opens new PA depot
CORRECTION: Walmart's fines for improper waste disposal
More capacity needed for harvest supply chain, ADM official says
Oil climbs as US economy slows OPEC can keep oil output ceiling with Brent at $100 per barrel.
BIMCO: Shipping industry under 'environmental siege' BIMCO will use its influence to defer implementation of sulphur legislation, says new president.
Prices head down across Europe Weak demand seen in Hamburg.
IFO soft, MGO firm in Fuajirah Prices soft in Suez.
Cruise industry puts faith in scrubbers Pursuing ECA exemptions to develop technology after CLIA's emission averaging tool was rejected.
Bank becomes shipowner Special company set up to handle defaulting assets.
Bunker prices slide in Asia 'Slightly tight' avails at Tokyo Bay.
Finland spearheads biofuel development Biofuel for Meri is made from food industry waste.
Fuel oil stocks climb in Singapore Weak demand from 'teapot' refiners a factor in inventory growth.
Swift turnaround demonstrated for LNG refuelling by barge Viking Grace refuels almost daily during short port stay, highlighting need for supply infrastructure.
STX ship in Singapore arrest Reason behind move not known.
China fuel oil stocks marginally up on week Stocks rose 3.4% to approximately 3.5 million mt on Wednesday.
Chinese domestic bunker supplier sees profits jump Andatee China Marine Fuel Services jointly forms new entity in January 2013.
Shipwreck removal goes awry, results in spill Explosives used by South African Navy ruptured fuel tank of Seli 1.
Fuel efficient trawler delivered to Norwegian firm 'Special attention' paid to the Havstrand's fuel conservation capabilities.
Canadian Coast Guard stops fuel leak from sunken vessel The Manolis L leaking bunkers into Newfoundland's Notre Dame Bay.
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