MSC Cruises drops calls at Tunisia MSC Cruises has dropped calls at Tunisia from its 2015/16 winter programme, linking its decision to last week's declaration of a state of emergency in the north African country. The company told IHS Maritime that a total of 24 cruises would be affected and that its decision was irrevocable. "The
COSCO reports June dip in shipping volume Shanghai-listed COSCO Shipping's June shipping volume has fallen from a year ago, although total volumes for the year to June were still up. June saw 1.2 million tonnes shipped, a drop of 8.7% (0.11 million tonnes) on a year ago. The six-month comparison shows 8.1 million tonnes shipped this year,
US retailers raise box forecast Demand for container imports during this year's back-to-school and holiday shipping seasons will get a boost from higher-than-expected consumer spending, a major US box importer group predicts. The National Retail Federation (NRF) raised monthly year on year growth estimates for the summer and fall
Non-dom tax changes include sweeteners, says Moore Stephens Proposed new rules could prove helpful, accountancy firm argues
Sinotrans Shipping warns of worse earnings in first half Bulker owner succumbs to weak market conditions
Sharp jump in southeast Asia maritime crime Region saw 120 incidents in first half of year, according to Dryad
Suezmaxes to challenge aframaxes' grip on their Kozmino stronghold Work to be completed this summer at Russian port will enable larger tankers to berth and load cargoes
China Shipping Group promises $49m stock buying spree Move comes after share prices of CSCL and CSD collapse by 40%
'Better drachma with tax exemption than euro without' - Greek shipping mulls Grexit options Benefits of drachma outweigh heavy-handed EU 'reforms', claims tanker owner
Lloyd's Register verifies OOCL for key emissions standards Hong Kong-listed line says it continues to stretch the 'rigour' of its environmental performance
LR2 product tanker spot earnings hit record high Asian demand for naphtha coupled with new Middle Eastern refinery capacity boosts sector to new levels
RMT calls off CalMac ferry strike Friday's strike on Clyde-Hebrides routes called off to allow for further talks
World Shipping, Inc. invests in cultivating future industry professionals CLEVELAND, OH - World Shipping, Inc. experienced a significant period of growth in Q4 2014 that has continued into the first half of 2015. An increased customer base and business volume has prompted World Shipping to grow its team of best-in-class supply chain professionals as well as continue to maintain...
The CMA CGM GEORG FORSTER, CMA CGM Group's largest vessel, christened in Hamburg The CMA CGM Group is pleased to announce that the CMA CGM GEORG FORSTER, the Group's largest vessel, was christened today in Hamburg, Germany. The christening, in line with the great seafaring tradition, took place in presence of Jacques R. Saadé, Chairman and Chief Executive Officer of CMA CGM Group,...
Machinists union could gain jobs through ruling against ILWU Cranes at the Port of Tacoma.A ruling by the National Labor Relations Board in a jurisdictional dispute between the West Coast longshoremen and a union representing machinists could result in a number of job gains and millions of dollars in back wages and benefits for the latter if it is...
TT Club Urges Immediate Action on Box Weighing Unlike the CTU Code, which forensically seeks to identify the chain of responsibility for everyone involved in the movement of freight, the amendment to the Safety of Life at Sea Convention (SOLAS) mandating the verification of gross mass of container overtly only names the 'shipper', the 'master' and the 'terminal...
CaroTrans resumes direct service to LA as congestion eases CaroTrans Thursday announced it would resume its direct, weekly import service between Rotterdam and Antwerp and the Port of Los Angeles, backing reports that U.S. West Coast port congestion is finally easing almost six months after labor disputes there came to a close. The resumption of the CaroTrans West Coast service...
Gwangyang dredges to better handle larger ships The South Korean port of Gwangyang will dredge one of its fairways to better serve larger ships, as sediment accumulation has reduced the channels depths. The port must dredge the fairway because even while its depth is listed at 72 feet, the accumulation of sediment over time has made the actual...
FMC's Lidinsky: US port congestion benefiting Canada, Mexico A container is lifted at the Port of Lazaro Cardenas, Mexico.Congestion at U.S. ports is providing cargo interests with additional incentives to use ports in Canada and Mexico, and the U.S. Federal Maritime Commission will monitor the trend, FMC member Richard Lidinsky said. Lidinsky discussed the use of Canadian and Mexican...
Crowley names Miller VP, corporate and marketing communications JACKSONVILLE, Florida; July 9, 2015 - Crowley Maritime Corp. announced today that Mark Miller has been promoted to vice president, corporate and marketing communications, within Crowley's corporate services group. He will remain based in Jacksonville and continue to report to Carl Fox senior vice president, corporate services. Miller directs all aspects...
PierPass to hike fee, citing higher ILWU costs Trucks entering terminal gates at the Port of Los Angeles. The traffic mitigation fee charged on container movements at the ports of Los Angeles and Long Beach will increase to $69.17 per 20-foot-equivalent unit from the current $66.50 per-TEU fee, effective Aug. 1. John Cushing, president of PierPass Inc., said the increase...
Matson ship resumes voyage after engine failure The Matson Matsonia at the Port of Oakland.A mechanical problem that caused a Matson Navigation Co. vessel to lose power en route to Honolulu on Wednesday was corrected that evening and the ship has resumed its voyage. Matson spokesman Jeff Hull said the Matsonia 548W is now scheduled to arrive in...
African ports scramble for land to expand as demand rises African ports are finding themselves without the land needed for expansion that their growing economies and consumer demand necessitate, forcing them to create it for themselves. With competition for space is intensifying around Africa's coastal cities as urbanization gains momentum, ports are using dredged material and reclaiming land to expand container...
North American truck orders slide for fourth month straight Net orders for Class 8 trucks in North America fell in June for the fourth consecutive month, but that's no cause of concern, according to transportation research firm FTR. Net orders fell 25 percent last month year-over-year to 19,624 units. The market, however, remains robust in what is otherwise a typically...
Veracruz, Lazaro Cardenas focus of major Mexican port investment When it comes to containerized traffic in manufactured goods, the key ports in Mexico's $5 billion port infrastructure initiative will remain Veracruz on the Gulf, where volumes have soared from 543,000 TEUs in 2001 to nearly 850,000 in 2014 and a projected 894,000 TEUs this year, and Lazaro Cardenas along...
Shippers view carrier alliances as bulwarks for competition WASHINGTON - The grouping of the world's largest container lines into four large alliances covering all east-west trades has had an unexpected result: Shippers no longer view alliances as potential vehicles for rate collusion, and, in fact, have come to appreciate their ability to prop up smaller lines that are...
DHL placates union, moves forward on low-cost units LONDON - Germany's Deutsche Post is pushing ahead with plans for new low-cost DHL parcel delivery companies in its domestic market after resolving a long-running dispute with unions that had led to a series of strikes over the past three months. The Verdi union dropped its opposition to Deutsche Post's plan...
Converting Trade Data to Gold Increasingly companies across all industries are adopting data-driven decision making in their strategic planning and with good reason. Companies that follow data-driven decision methodologies are 3 times more likely to execute their decisions as intended. But what many companies are learning the hard way is that data alone does not...
TNT names Galvin managing director, Thailand Bangkok - 10 July 2015 TNT, the leading domestic and international provider of integrated express services, has appointed Gina Galvin as managing director of TNT Express Worldwide (Thailand). Ms. Galvin brings to the company extensive and well-proven business management experience, particularly in the express and air transportation businesses, and with her...
Lufthansa Cargo volume drops as strikes loom LONDON - Lufthansa Cargo's traffic shrank in June as the German carrier failed to sell all of its extra capacity, pushing its load factor close to a six year low as it braces for more pilot strikes. Freight traffic dipped 0.8 percent to 136,000 metric tons (149,114 tons), taking the total...
Cochin gains call as intra-Asia trade booms Vallarpadam International Container Transshipment Terminal at India's Port of CochinShippers using Vallarpadam International Container Transshipment Terminal at India's Port of Cochin can capitalize on a new intra-Asia connection from the Galex Consortium, which added a weekly call at the DP World facility. The Galex Alliance comprises Emirates Shipping Line, Hanjin Shipping, Korea...
Shanghai volume slows as shipping enters peak season Port of ShanghaiHONG KONG - Shanghai has reported a 4.5 percent increase in volumes during the first six months compared to last year, but the growth has been slowing in the months leading up to what the industry hopes will be a peak season.The Shanghai International Port Group announced that...
Direct Kuala Lumpur link paying off for IAG Cargo KUALA LUMPUR - IAG Cargo has reported huge growth out of Kuala Lumpur to North America, Africa and the Middle East this year and expects that to continue following the launch of direct services to the Malaysian capital in the middle of the year.Cargo sales to North America rose 85...
Key US grain indicator sinks US grain inspections, an indicator of export shipments, fell significantly last week, according to a weekly report by the US Department of Agriculture (USDA).
MSP food fight emerges Two US congressmen have sent letters to Obama Administration officials questioning a reported plan to boost the government's stipend to shipowners participating in a military shipping programme.
Baltex open to expansion The Baltic Exchange will look into whether it can link its Baltex futures reporting system into other commodities trades now that it has the FFA platform on an even keel.
Happy couple An enlarged Frontline is set to post a profit of almost $400m this year and with hefty gains in the two years to follow, Arctic Securities says.
Craig: no regrets Aberdeen's Craig Group has no doubt it made the right call to beef up its fleet despite the offshore market's subsequent struggles.
Funds flee to commodities Chinese funds fleeing a crash in the domestic stock market have sought solace in commodities, experts say.
Non-dom battle ahead Shipping organisations will oppose new rules proposed by the British government to non-domicile tax status after 15 years of living in the UK.
Star Bulk supramax fixed Star Bulk Carriers has secured employment for one of its supramax vessels.
Matson ro-ro stalls A conro vessel owned by Matson has stalled off Honolulu as a result of a problem with its engine.
TUI Cruises funds duo TUI Cruises has secured financing for its latest newbuildings at Meyer Turku in Finland, according to one of the banks backing the loan.
An ill-timed exit A UK accident report has revealed how a watch officer (OOW) left an inexperienced crewman alone on the bridge before their tanker collided with a trawler.
Promising signs for VLs VLCC rates out of the Arabian Gulf for the Far East climbed strongly yesterday with optimism high with the August loading programme set to start.
Sainty ends Mingde rescue Sainty Marine has abandoned plans to takeover rival Nantong Mingde Heavy Industry.
Sinotrans warns on profit Weak dry bulk market sees Chinese owner predict lower earnings or potential loss in first half.
CSG to boost holdings Chinese state shipowner China Shipping Group (CSG) has pledged to increase stakes in its listed units to combat the turmoil in domestic stock markets.
Panama Canal seeks tanker The Panama Canal Authority (ACP) is on the hunt for a suezmax tanker to be used for training purposes ahead of its expansion.
UK to remain "leader" The UK government's decision to cut corporation tax by 2% has been welcomed by the UK Chamber of Shipping on the grounds that it will strengthen the country's maritime position.
DFDS pumps in cash Denmark's DFDS Seaways and UK group Forth Ports are teaming up to invest more than EUR 6m ($6.63m) in a Scottish freight route.
USC tops Russian yards Russia's state holding group United Shipbuilding Corporation (USC) delivered 39 ships in 2014, way ahead of its independent rivals.
Tankers barred Guards at the Libyan port of Ras Lanuf say they will arrest any tankers calling to load oil.
CalMac strike called off A strike planned to hit Scottish ferry services on Friday has been called off.
UK in non-dom shake-up The UK Chancellor of the Exchequer has unveiled reforms to the controversial non-dom tax system in Wednesday's UK Budget.
PACD delays Zonda again Idan Offer-controlled company decides to keep drillship at Samsung a little while longer.
Chief gets three months A former chief mate of a vessel found guilty of polluting by US authorities has been sentenced to a three month jail term Wednesday.
DFDS Seaways ferry to add scrubber 'Will help to secure the long-term sustainability of the Rosyth-Zeebrugge route'.
Sulphur rules having 'immediate impact' on air quality Airborne SOx concentrations near Hong Kong terminals cut by 65%.
Marseille gets cold ironing Facility aimed at island ferry service.
LQM acquisition was cash deal Means growth for both companies, Bunker Holding group CEO tells Bunkerworld.
Hong Kong: Bunkering operations temporarily suspended Due to approaching typhoon, says bunker plays.
Shipowner adds fuel-saving car carrier to fleet Five more similar newbuildings to join fleet within the next two years.
Bunker trading sector has seen some 'very turbulent times' Fujairah-based bunker trading company is celebrating nearly a quarter of a century operations.
Spain and Russia may cooperate on bunkering Authorities looking to forge stronger economic ties.
Conference to discuss 'future of marine fuels' Event held as part of London International Shipping Week.
Bad weather delays oil recovery operations For two tugboats in St Lawrence Seaway.
Spain, Russia may cooperate on bunkering Authorities looking to forge stronger economic ties.
Conference to discuss on 'future of marine fuels' Event held as part of the London International Shipping Week.
Vessel fuel recovery operations interrupted Tugboats have sunk since a wee kago, according to Canadian Coast Guard.
Bunker demand strengthens at Russian ports More vessels calling between the Azov and Black seas.
WTI drops as US inventories rise WTI decreased by $0.68 to settle at $51.65 per barrel on the NYMEX.
Scotland's hydrogen-powered ferry a 'silly idea', says critic 'Hydrogen is just about the worst energy carrier one could imagine particularly as a transport fuel,' scientist says.
Port of Rotterdam 'taking the lead' to develop LNG facilities Boasts the Maasvlakte-based Gate terminal, which is the first LNG import terminal in the Netherlands.
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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