IHC Merwede in talks to buy Asian shipyard THE world's largest builder of dredging ships, IHC Merwede, is in 'advanced' stages of talks to snap up its first offshore vessel shipyard in Asia by the first half of 2012.
Europe's shrinking rivers hit firms' bottom line Germany's driest November has shrunk Europe's rivers, creating month-long delays for oil and ore-carrying barges while uncovering the continent's deadly past.
Allied Air leases additional MD-11F capacity The Nigerian all-cargo airline Allied Air has leased additional MD-11F capacity, in conjunction with its worldwide representative ANA Aviation Services, to help cover the increase ...
New CEO for London City airport Dublin Airport Authority CEO Declan Collier will become CEO of London City airport in 2012. Collier will simultaneously complete his full term of office as president of ACI Europe,...
Turkish Airlines to serve third airport in Libya Turkish Airlines now serves Misurata (Libya) again, making it the third destination in the North African country for the airline. Misurata is a brand new destination for the carrie...
Airport management system at cruising speed in Fort-de-France At the request of Port+, the company that commercialised the cargo community system AP+ for the port community of Fort-de-France, Martinique (France), MGI conducted a study of aeri...
Baltic Port Rail Mukran and DFDS expanding rail ferry traffic Baltic Port Rail Mukran, a subsidiary of Fährhafen Sassnitz, has concluded a cooperation agreement with the Danish shipping and logistics group DFDS Seaways and Lithuanian railways...
Canadian Pacific updates fleet to drive reliability and cut costs Canadian Pacific has announced that 61 new high horse power GE Evolution (EVO) Series AC locomotives have been brought into service and that the railway has initiated a programme t...
Gefco adding to Indian truck fleet Gefco plans to expand its truck fleet in India to transport vehicles for the rapidly-expanding automobile sector. The company, which is part of the Peugeot Citroen Group, is likely...
Yang Ming to order 8,000 teu vessels Taiwan's Yang Ming Marine Transportation Company has ordered five 8,000 teu container vessels, through its subsidiary All Oceans Transportation. The vessels will be delivered in th...
MSC starting Oceania-USA service MSC is set to start a new container liner service connecting Australia/New Zealand with the west coast of the USA at the end of December. The link will be served by seven 2,600 teu...
Henri Kuitunen appointed CEO of Steveco Henri Kuitunen has been named as the CEO of Steveco, with effect from 15 January 2012. Kuitunen will join Steveco from Caprus, where he was CEO from 2010. He was previously CEO of ...
Kögel investing in Burtenbach The Burtenbach trailer manufacturer Kögel is recording continuous growth and recently welcomed two large European orders. Kögel is prepared for further increases in orders expected...
CMA CGM to reorganise Asia-North Europe services Following the initiation of an operational partnership with MSC, CMA CGM is now reorganising its Asia-North Europe (FAL) services from April 2012. After the changes become effectiv...
Gefco Romania opens logistics platform near Bucharest Gefco Romania, the national subsidiary of the French logistics provider Gefco, has opened a new logistics centre in the ProLogis commercial park in Joita, near the capital Buchares...
Tibbett Logistics expanding Tibbett Logistics, which belongs to the Keswick Enterprises group, recently opened a second terminal for intermodal road/rail transport in greater Bucharest (Romania). The facility...
Bigger is better for large boxship owners Boxship orders remain buoyant as owners seek new economies of scale
Atlantic product tanker boost ahead of Christmas holiday break Transatlantic product tanker earnings rise as charterers rush to fix ships
Dover Harbour Board summit postponed to January Privatisation talks moved to London
A year at the top The Lloyd's List Top 100 reveals dramatic adjustments and more subtle shifts in power
Don't dismiss the bravery of civilian SAR crews A third of UK bases deploy non-military search and rescue contractors
Of owners and octopuses at 'Greek pride' night Eighth awards ceremony chooses symbolic creature that may also have a parallel within the nation's shippers
Three heavyweight fights over charter purses A trio of recent payment wrangles have kept owners guessing
'Strategic partnership' wil shake off recent fumbles Bilateral romance between Greece and China will probably overcome this year's issues
More charter skirmishes to be outed While dry bulk charter hire disputes have threatened to sour relations between owners and charterers, a damage assessment may have to wait until the market recovers
Japan asks other flags to expel activist group vessels Action demanded against Sea Shepherd anti-whaling campaign
Industry puzzled as Australia imports LNG from West Africa Cargo is at odds with nation's role as major producer and exporter of the fuel
What lies beneath Why following the development of subsea activity points the way forward offshore
Remotely operated vehicles take drilling to new depths New demand as oil and gas firms dig deep
Barge and terminal services firm United Maritime seeks buyer US firm sold to current owners in 2007
HPH hits back at Dutch minister in row over Maasvlakte move Rotterdam is forcing us to compete against shipping lines, claims Hong Kong port chief
Wightlink faces Christmas Eve and Boxing Day strikes RMT targets ferry operator over victimisation claim
Supramax owners show resistance to extremely low rates in the Pacific Charterers having to pay up again
Ocean Rig agrees four-month novation for Vanco contract George Economou hails a 'win-win' move
Dr Peters KG fund battle goes on Two aframax tankers face auction as bid to revive fund continues
China shipping: 2012 and beyond A preview of the new Lloyd's List data report analysing China's commercial maritime outlook
Indian shipping line 'crisis' denied SOS for SCI? Not so, says shipping minister, though he admits profitability has been hit
Better than nothing Tonnage tax may be low compared with corporation tax, but it still has its benefits
Teekay in Xcite shuttle tanker deal Equipment supports Bentley field programme
Asenav wins offshore order from Maersk Supply Service Chile yard to build two $200m vessels, with option for up to four more
EXCLUSIVE: The 100 most influential people in shipping revealed Maersk's dynamic duo Nils Andersen and Eivind Kolding top the list
Piracy and robbery declines in Asia Singapore group ReCAAP reports 10 attacks or attempts in November
Two deals signal resilience of South Korea's mid-size yards Orders from Iraq and Belgium show that the country is still a contender
Fire on Russian nuclear icebreaker kills two Radiation leak avoided and reactor unaffected, says Emergency Situations Ministry
Sembcorp Marine secures $292m Prosafe order Semi-submersible rig to house 450 offshore workers
UK tonnage tax averages less than 2%, KPMG calculates Zero options available with flags of convenience
New Iran sanctions advance LAWMAKERS have passed a US sanctions bill to bar vessels that had recently visited Iran, North Korea and Syria from entering US ports for six months
Brazil seeks spill penalties FEDERAL prosecutors in Brazil will today file suit against Chevron and Transocean, seeking $10.6Bn in penalties for November's offshore spill
Investors fleeing DHT NYSE-listed shares of tanker owner DHT are foundering, with its largest independent investor - hedge fund MMI Investments - rapidly selling its stake
China imposes new duties on US vehicles CHINA today imposed new tariffs on certain vehicles transported by car carriers from the US, IHS Global Insight reported
OPEC's new output seen matching demand OPEC's new output ceiling of 30M barrels per day for 1H2012 is close to anticipated demand, according to IHS CERA
Reefed reefer costs owner A REEFER ship stuck on Maldives reef since mid-November could be costing its owner $46,000 a day until it can be salvaged
Icebreaker fire kills two A RUSSIAN nuclear-powered icebreaker caught fire today, killing two crewmen, reports from emergency crews indicated
BW snaps up 4 LR1 tankers BROKERS told Fairplay today that Norway's BW Group has acquired four long-range 1 tankers en bloc for $145M
VLCCs feel mild winter VLCC RATES have tumbled because this winter has been more mild than expected, brokers said today
Novorossiysk Commercial throughput rises NOVEMBER throughput jumped 20% year on year for Novorossiysk Commercial Seaport Co.
Oz port workers return WORKERS employed by stevedoring company POAGS at Fremantle and Bunbury returned to work today, with promise of continued talks
Three More Charged With Extorting ILA Members Three additional defendants and dozens of counts were added to a federal racketeering indictment accusing mob figures and ex-International Longshoremen's...
YRC Sells Truckload Operator to Celadon Less-than-truckload giant YRC Worldwide is getting out of the truckload business, selling most of the assets of unprofitable truckload subsidiary...
MSC Knocks Maersk Out as Top Carrier Serving US Mediterranean Shipping Co. knocked Maersk Line off as the top container line serving the U.S. in the first nine months...
New York-New Jersey Imports Fall 3.7 Percent Container imports at the Port of New York and New Jersey fell 3.7 percent in October to the lowest level...
Shipper, Trucking Groups Plan Washington 'Fly-In' Nearly a dozen shipper and trucking organizations are planning a one-day blitz on Capitol Hill Feb. 1 to voice opposition...
ILA, Yang Ming Approve Stowage Planners' Contract International Longshoremen's Association Local 1964 and Yang Ming (America) have agreed on a three-year contract covering the carrier's two New...
LA Exports Rose 15 Percent in November A 15 percent increase in exports in November over November 2010 assured the Port of Los Angeles that it will...
Road, Bridge Projects Dominate DOT TIGER Grants Road and bridge projects received nearly half of the $511 million awarded through the Department of Transportation's third round of...
FedEx Freight Reports $40 Million Profit FedEx Freight, the nation's largest less-than-truckload carrier, rolled farther into the black in its most recent quarter, reporting $40 million...
Maersk Ends Sydney Congestion Fee Maersk Line suspended its congestion surcharge of $100 per 20-foot container imposed earlier on shipments to and from Sydney, Australia....
Industrial Production Slipped 0.2 Percent in November U.S. industrial production declined 0.2 percent in November, the first drop in seven months, the Federal Reserve said, indicating a...
FedEx Profit Jumps 76 Percent to $497 Million FedEx profit soared on higher pricing and fuel surcharges despite declining shipment volume at its air package and industrial freight...
India's Cochin Gains Second Direct Container Service MOL is adding a call at the Vallarpadam International Container Transshipment Terminal in India's Port of Cochin, bringing the number...
North China Port Traffic Grows as Production Shifts The migration of manufacturing in China inland and north to avoid higher labor costs in the south is now being...
NRF Raises Retail Sales Forecast to 3.8 Percent Growth Citing a strong Black Friday weekend, the National Retail Federation said it now expects holiday sales to rise 3.8 percent...
Asia-Europe Spot Rate Slides 2.1 Percent Asia-Europe spot rates fell 2.1 percent this week in a continuing downward spiral that has seen freight rates decline by...
Army Corps Say Charleston Deepening Unlikely for Years Deepening the channel into the Port of Charleston's harbor to 50 feet is unlikely to be finished before 2024, the...
Cathay Pacific Cargo Traffic Falls 13.8 Percent Cargo transported by Hong Kong-based Cathay Pacific and sister carrier Dragonair in November dropped 13.8 percent year-over-year, falling for the...
Maersk Adds Three European Ports to Daily Maersk Maersk Line will add three European ports its Daily Maersk "conveyor belt" service between Asia and Europe, seeking to counter...
Senate Panel Approves Multimodal, Truck Safety Bills A Senate committee approved measures on Wednesday that would establish a multimodal freight program, mandate electronic onboard recorders on all...
Wan Hai welcomes two out of 14 planned newbuilds Taiwan ocean carrier Wan Hai Lines has christened two new 1,805TEU vessels - part of a total order of 14 container ships which will all be delivered within the ...
Zuma calls for progress on intra-Africa trade South Africa's president Jacob Zuma is the latest senior politician in sub-Saharan Africa to call for further promotion and investment in the intra-Africa trade. ...
NRF: transpac cargo to increase for year end as GFI suggests a drop Import cargo volume at the nation's major retail container ports should be up 0.3% in December compared with the same month last year as retailers head to the finish ...
Carriers schedule reliability again in the spotlight Ocean carriers' overall schedule reliability slipped from 64% in October to 63% in November according to SeaIntel Maritime Analysis' latest monthly report. Although ...
South Africa trade sentiment slightly up in November The latest trade survey published by the South Africa Chamber of Commerce and Industry (SACCI) covering the month of November showed a slight improvement on the ...
Rena: fears ship may finally break up
IEA slashes oil demand growth A backdrop of a worsening economic outlook for next year has prompted the International Energy Agency [IEA] to cut its oil demand growth forecast for 2012 by more ...
Liners to run on algae power? With the race to find cheaper sustainable fuel well and truly on, Maersk's US-flagged subsidiary Maersk Line Ltd, in association with the US Navy, is trialling ...
China: global economy 'grim and complicated' Beijing policy makers meeting for their annual economic conference have described the outlook for the year ahead as 'extremely grim' but pledged to boost imports ...
Supply company 'invests in advanced procurement technology' Wrist Ship Supply says German customer base has significantly expanded.
Middle East markets avoid deep falls MGO prices climb in Fujairah.
Rotterdam bunker prices see sharp falls European markets falling as crude oil dips.
'First commercial' scrubber system delivered Hamworthy Krystallon calls it a 'landmark moment' for scrubbing technology and shipping industry.
'Huge growth' predicted for LNG as marine fuel Report suggests 10,000 vessels running on LNG by 2020.
New legal status for Russian bunker association Rosmorrechbunker has become 'a self-regulatory organisation'.
Terminal operator eyes 'significant growth' 'Outstanding success in profit and cash' from acquisition of Petroval Bunker International.
Bunker prices falling in Asian hubs Demand generally average.
Maersk orders 'low energy consumption' vessels Vessels to set 'new standard' for emission levels in the offshore industry, says CEO of Maersk Supply Service.
Singapore onshore fuel stocks down Firm regional demand also sees middle distillates stocks fall to a 43-month low.
Belgian shipping firm expands fleet with 'eco' bulkers Design offers 30% fuel saving compared to previous generation vessels, says CMB.
South China fuel oil volumes continue decline Chimbusco to deliver bonded bunker cargo to an oil terminal in the region in late December.
NOL to post wider Q4 losses, says analyst Depressed rates 'fail' to cover bunker, basic operating costs, says Maybank's Kim Eng Research.
Bunker supplies tightening across South Korean ports Hyundai Oilbank halts bunker offers to spot market.
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