Imdex Asia returns in May IMDEX Asia 2011, the international maritime defence show, has seen more than 85 per cent of its total available space of 14,000 square metres in covered gross area taken up - three months before it is due to kick off.
Maersk orders 10 record-sized box ships AP Moller-Maersk A/S, the biggest container line, agreed to order 10 record-sized ships in a deal worth about 2 trillion won (S$2.2 billion) because of rising fuel prices and expanding global trade.
Dry cargo freight rates expected to rebound in Q2 Dry cargo freight rates are likely to recover in the second quarter of 2011 as Brazilian exports of grains and sugar pick up, but rates are expected to move sideways in the second half, a senior freight executive said.
Dachser establishes joint venture with Jonen Freight in South Africa Dachser, a German logistics service provider with international activities, is expanding its intercontinental network by taking a majority stake in Jonen Freight, which was founded...
Norwegian post office increases earnings in 2010 Norway Post increased its earnings in 2010, making NOK 943 million (EUR 121 million), NOK 172 million (EUR 22 million) more than in 2009. This was achieved thanks to cost-cutting m...
Petrolesport investment programme going strong Petrolesport, a part of the Global Ports group, has commissioned the first phase of a customs inspection complex and a new container storage yard. The facilities are being construc...
Antonio Plazuelo new manager of Geneva cargo district for Swiss WorldCargo Antonio Plazuelo will become manager of the Geneva cargo district in mid-March, with responsibility for the regions of Geneva, Vaud, Annecy and Jura. Plazuelo has accumulated exten...
Liberia completes first recruitment audit for MLC compliance The Liberian registry has carried out the first audit of seafarer recruitment and placement services, for compliance with the ILO's maritime labour convention, ahead of its entry i...
Norwegian shipowners expect increasing Norwegian maritime presence in Brazil A delegation from the Norwegian Shipowners' Association is part of a larger Norwegian business and industry group, led by Trond Giske, the trade and industry minister, currently vi...
Switzerland's Andre Auderset new EBU president The European Barge Union (EBU) has elected a new president. In accordance with the principle of the rotation of the presidency, the EBU board elected Andre Auderset (Switzerland) t...
Germany registers more than 4 million t of airfreight Germany's federal statistical office has reported that the country's airfreight market (including airmail) grew by more than one fifth in 2010. German airports loaded and unloaded ...
AA launches only NY-Tokyo Haneda service On Friday 18 February, American Airlines began a new service from New York John F. Kennedy international airport to Tokyo Haneda international airport. American Airlines is the fir...
Arik Air begins cargo operations Nigeria's Arik Air has commenced cargo operations in its extensive regional and domestic network, following the approval granted by the Nigerian Civil Aviation Authority (NCAA) to ...
Wim Bosman now uses MAN TGL trucks Wim Bosman Transport has taken possession of new MAN TGL dual fuel trucks, which are powered by natural gas combined with diesel and save 9 t of CO2 for every 50,000 km they cover....
More truck consignments to be shifted to the railways The Frankfurt-based German intermodal service provider Kombiverkehr is planning to introduce new logistics solutions for general cargo and express services by rail in 2012. The int...
Intermodal services emerge stronger from crisis The 2010 report on combined transport in Europe, published by the combined transport group of the of the International Union of Railways (UIC), reports that the number of companies...
Shipping industry changes stance on armed guards to counter piracy The International Chamber of Shipping (ICS) has clarified its stance on the use of private, armed security guards for the defence of merchant ships against Somali pirate attacks. T...
PPG network expanding its global presence The Project Professionals Group (PPG), a heavylift freight forwarding network, has strengthened its global presence with several new appointments. PPG general manager Kevin Stephen...
SLS shipyard offloads MR tanker Despite cancellation of orders at bankrupt yard, Galbraith's claims slight improvement in prices
Japanese owners withdraw bulk carrier ships from sale Companies place vessels on longer term charters rather than accept the low prices on offer
Indian breakers lose vessels to Chinese A glut of tonnage in the Indian market continued to open up opportunities for Chinese breakers to secure prime vessels, including the latest in a string of capesize bulkers to be sold for scrap
Dry bulk rates head for 'cataclysmic' correction Dry bulk rates are set to correct sharply, according to Macquarie Research in a fresh report that forecasts a "cataclysm scenario" that will prompt high scrapping levels and finally reset the supply and demand balance hobbled by the massive dry bulk orderbook
BHP Billiton selling its last owned capesize Mining giant BHP Billiton is reportedly selling the last remaining capesize vessel in its owned fleet, the Iron Yandi
Cido Shipping takes $45m hit on aframax tanker sale CIDO Shipping has taken an estimated hit of $45m through the loss-making resale of two aframax tankers under construction at Japan's Sumitomo Heavy Industries
Maersk lines up world's biggest ever ship order Deal for 10 of the largest ships ever built, with options for another 20, could see contract value reach $5.7bn
MSC overtakes Maersk in box league, for now MSC is now largest container shipping line in terms of carrying capacity
Ports ready for Maersk giants Terminals say they could handle Triple E-class ships but infrastructure must be in place
Waiting for another bubble to burst With the financial sector creating a commodities investment hype and soaring inflation in China, can another financial disaster be avoided?
Danaos chief urges standardisation as another performance tool joins crowd Concerns raised over confusing array of KPIs, environmental indexes and inspection schemes for shipping
Independent verification proves hull coatings can cut fuel costs Studies on vessel performance of vessels using fluoropolymer coatings claim an average 9% saving on fuel costs.
How a foul-release coating works Providing a vessel sails at more than 10 knots, glues that marine creatures excrete to stick to a ship's hull will not work
Wärtsilä to resume trials of slow-speed engines fuelled by gas Escalating interest for LNG as a marine fuel has seen designs for larger ships with slow-speed engines to be powered by gas
BLT boosts liquidity with $685m loan New credit facility will allow debt-laden company to focus on newbuilding orderbook
Emission studies put ships under microscope NOx costs likely to add to shipowners' woes over SOx emission reduction costs
Why Nokia's downfall could be good news for Baltic shipping Mobile phones have long trumped traditional industry in the eyes of many investors, but a slow and steady recovery in cargo volumes across Baltic ports is attracting attention
StealthGas buoyed by rise in small LPG carrier rates Operator confident of signing up a series of newbuildings for profitable employment
Top Greek ports official quits in row Breakdown in communication with country's shipping minister cited for George Vlachos' resignation
Are boxships at a plateau? After a rapid evolution in boxship sizes and designs since the 6,000 teu Regina Maersk, it is probable a plateau has now been reached
All credit to banks Most banks are taking a pragmatic and longer-term view of sound investments in newbuilds
Pressure on rates hits Fondshaus Hamburg's tanker fund German KG house says up to six tankers may be affected by the problems
Greece shipping revenues up 14% in 2010 But Greek flag fleet declines in strength
Maersk giants to be longest ships in service New vessels will have length of 400 m, eclipsing all other ship types
European LNG fueling stations to get $14m boost Projects picked under European Union Trans-European Transport Network programme
Shortsea and inland waterways to get $126m Brussels grant Rostock-Gedser link and ITS Adriatic multi-port gateway among recipients
Time to get practical over shiprecycling convention The Hong Kong Convention on shiprecycling is due to enter into force soon despite attempts by certain bodies and activists such as the NGO Platform on Shipbreaking who are hellbent on trying to derail it
Spain fines operator of grounded ship SPAIN'S merchant marine authority DGMM today ordered a grounded box ship's operator to pay '310,000 ($423,800) in the casualty
Moby to halt France/Corsica ferry route ITALY'S Moby Lines said today its last ferry from mainland France to Corsica will sail on 25 February ' even though it started the service less than a year ago
Breakers take tankers BREAKERS are expected this week to continue a trend of focusing on tankers, with a broker telling Fairplay that the preference has to do with stainless steel
Transpetro accused in expenses case TRANSPETRO has been accused in Brazil of overpaying for parts, equipment and supplies
French, Russian class societies ink pact BUREAU Veritas of France and the Russian Maritime Register of Shipping said today the class societies have signed a three-year co-operation accord
Inter-Asia rates hold up INTRA-Asia box shipments were holding up today, even though the post-Chinese New Year lull has hit long-haul shipments from China, brokers said
GO waits out KL's ordeal GOLDEN Ocean CEO Herman Billung told Fairplay today the company wants to recover outstanding payments from embattled drybulk carrier Korea Line but is stymied by that group's bankruptcy protection
Seadrill spin-off lures 1,200 shareholders SEADRILL'S spin-off for harsh environments, North Atlantic Drilling, has about 1,200 shareholders today, after a private placement of 250M new shares last week
French port peace faces talks test FRANCE'S ports union expects to finalise this week an understanding reached last week on retirements.
TNT Express Profit Grows, Mail Retreats TNT reported Monday its net profit grew 21.5 percent in 2010 to $480 million but Europe's second largest post and...
Maersk Buys 10 Super-Sized Container Ships London ' Maersk Line formally announced a $1.9 billion order for 10 container ships with 18,000 TEUs on Monday that...
Roadrunner Hits the Rails The road is shifting for Roadrunner Transportation and other less-than-truckload carriers diversifying to capture more of their customers' freight. ...
There's an App for That The heavy-haul and flatbed specialist is offering owner-operators a 1 percent pay increase to use smart phone technology to complete...
Trucking Finds an App A revolution in technology, from cloud computing to mobile phone apps, is enabling trucking's evolution in an increasingly multimodal era....
Waterways Deserve funds The release of the president's fiscal 2012 budget on Valentine's Day and its historically low funding level for the U.S....
French Ports in the Storm It's been a tough start to the year for global supply chain interests. Major winter storms throughout the U.S. have...
Manufacturing Export Growth A year into President Obama's five-year plan to double exports and create 2 million jobs, Frank Vargo is pleased. ...
Exporters on Cloud 9? It's impossible to pick up a technology publication these days without reading why cloud computing is the next great thing...
Checking the ID Tom Adamski is a trucking executive with 34 drivers carrying 101 pieces of identification allowing them to shuttle containers in...
A $50 Billion Jump-Start President Obama's budget plan would add $50 billion in new infrastructure spending for the fiscal year that begins in Oct....
Going For Broke? With a sweeping new surface transportation plan in his 2012 budget proposal, President Obama is setting out the ambitious multiyear...
Cisco's 'Agnostic' Resiliency Like everyone else, Cisco Systems was surprised when an Iceland volcano eruption closed European airports for a week last year....
Shipping's Chokepoint Risks The map says it all. The shortest route from Asia to Europe and the Mediterranean is through the Suez Canal....
Letters - February 21, 2011 STB Hearings: Going Through the Motions? In the Jan. 24 Cover Story, "The Regulators Ramp Up," Associate Editor John...
Any fool can stuff a container - right? There is a frequent misconception within the container industry that the iconic 55-year-old Malcom McLean invention, which has revolutionised world trade and enabled globalisation, is a replacement for packaging; that lashing and securing is not critical, and that the content weight can be estimated.
Maersk signs USD1.9 billion ship deal with Daewoo
SA truckers strike over
ICF formally closed, but the shouting may not be over
GSO expands next-day ground throughout Calif. Regional carrier Golden State Overnight has extended its overnight ground parcel delivery service to every address in California and the metropolitan regions of Nevada and Arizona. The GSO Overnight Ground service is now available to customers that...
Averitt expands flatbed operation Cookeville, Tenn.-based Averitt Express said it will expand its flatbed operation, which it launched in early 2009. Averitt's flatbed presence once existed in just eight markets, including Birmingham, Ala.; Atlanta; Cincinnati; Louisville, Ky.; an...
Indianapolis Airport maps cargo future The Indianapolis Airport Authority (IAA) board on Friday approved a 30-year land use and development plan for its airport system with a heavy focus on air cargo activity. The approval comes nearly one year after IAA entered into a contract with avi...
Pirates capture four Americans in yacht Four Americans sailing a yacht off the coast of East Africa have been taken hostage by Somali pirates, U.S. officials confirmed in news reports Sunday. The yacht is headed to Somalia under surveillance by a U.S. Navy warship and helicopters. The ya...
CSAV to add Asia/U.S. East Coast service Liner carrier CSAV said Friday it is starting an all-water transpacific service in conjunction with China Shipping. The two carriers will add a second string to its AMEX service March 21, deploying nine vessels with an average capacity of 4,200 TEU...
Seaspan may order big ships Seaspan Corp. is in discussions with several Chinese and Korean shipyards regarding the acquisition of up to 10 new ships of about 10,000-TEU capacity each, for delivery in 2013 and 2014, the company said in a filing with the U.S. Securities and Ex...
Maersk fires back with mammoth mega-ship order Maersk Line said Monday it has placed a mammoth containership order for as many as 30 vessels of 18,000 TEUs capacity,confirming reports that first emerged in November . The order would dwarf in scope any previous order, both in terms of total out...
Kolding to become bank chairman Eivind Kolding, chief executive of Maersk Line, is expected to be named chairman of Danske Bank at the end of March, the bank said in a statement earlier this month. Kolding Kolding is vice chairman and has served on the board of Scandinavia's larg...
Warehousing reports Logistics space vacancy rates on the decline Real estate giant Grubb & Ellis is forecasting the U.S. logistics space vacancy rate to drop to 11.5 percent in 2011 from the 12.8 percent seen in the fourth quarter of 2010. Cross-docking on the rise, 3...
New series of super-container carriers for Maersk Line A P Møller-Mærsk and the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering are expected to jointly release the news of a contract for a series of ten container carriers
Panama register breaks 100 million GT barrier Classification society ClassNK and the Panama register are celebrating that the combined Panama-flagged tonnage registered with ClassNK now exceeds 100 million gross tons. It is the first time in
Diesel spill concern on Maine coastline Over 400 gallons of diesel fuel believed to be onboard, concern over a possible spill.
Fujairah bunker market firms Very tight for prompt avails.
Global warming could increase ship biofouling Rising sea temperatures said to stimulate growth of barnacles and other creatures growing on ship hulls that increase drag and associated fuel use.
Bunker prices rise in Rotterdam Barge schedules in Gibraltar tight until February 25.
IP week gets underway with The Bunker Lunch The Bunker Lunch, sponsored by Petrobras, gives industry members an early taste of IP week networking opportunities.
ISO to initiate global study on hydrogen sulphide in bunkers Aim is to provide universally accepted findings on the potential risk of crew exposure to this toxic gas , seeking cross-industry participation.
Week starts with mixed prices at major ports Demand for bunkers at key Asian ports generally below average on Monday.
Water pressure keeps lid on bunker spill in Norway A hole in a third tank on the grounded box ship suspected, says oil response team.
Price of MGO climbs at Russian port As players export most of the MGO cargoes to Asian markets, says source.
Addax appoints chief communication officer Karen Saddler also appointed as executive director of the Addax Foundation, AOG's charity branch.
Dahlman lowers Aegean's ratings, growth outlook Concerned about the 'timing and efficacy' of Aegean's business strategy in 2011.
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