Asian shipowners want tougher anti-piracy steps ASIAN shipowners, outraged by the escalating and brutal attacks by Somali pirates on their ships and crew, are demanding that the United Nations and concerned governments act decisively to bring the situation under control.
Move to list Hapag-Lloyd put on hold The owners of Hapag-Lloyd have postponed a decision on floating the container shipping group, its majority owner said on Monday.
Upturn in freight rates likely during Q2: Maersk Line CEO Container shipping will shake off an array of risks from Japan to the Middle East and rates will begin a seasonal recovery in the second quarter, the head of the world's biggest container shipper said on Monday.
Strait Talk
Building for the future LAST year as Maritime Week approached, doubts were growing about how strong the recovery would be, but nevertheless the general mood was optimistic.
Asian shipowners want tougher anti-piracy steps ASIAN shipowners, outraged by the escalating and brutal attacks by Somali pirates on their ships and crew, are demanding that the United Nations and concerned governments act decisively to bring the situation under control.
Move to list Hapag-Lloyd put on hold The owners of Hapag-Lloyd have postponed a decision on floating the container shipping group, its majority owner said on Monday.
Upturn in freight rates likely during Q2: Maersk Line CEO Container shipping will shake off an array of risks from Japan to the Middle East and rates will begin a seasonal recovery in the second quarter, the head of the world's biggest container shipper said on Monday.
Strait Talk
Building for the future LAST year as Maritime Week approached, doubts were growing about how strong the recovery would be, but nevertheless the general mood was optimistic.
Boeing B747-8 Intercontinental conducts successful first flight The US aircraft manufacturer Boeing's new B747-8 Intercontinental successfully began its flight test programme on 20 March, when it took off from Paine Field in Everett W...
Balnak Group welcomes new board member The Balnak Group, one of Turkey's leading service providers, has appointed Wolfgang W. D'lger as a new board member. Balnak stated that D'lger's position will be that of ...
Impatex takes first e-freight step with US users Impatex - a growing UK-based supplier of international customs and forwarding software - has taken its first step into e-freight with the introduction of the electronic master airw...
Transuniverse becomes the new 24plus partner in Belgium The company Transuniverse Forwarding NV will become the new Belgium partner of the general cargo alliance 24plus logistics network on 1 April. Transuniverse, an international forwa...
SQAS at Contargo Ludwigshafen Contargo Ludwigshafen (Germany) has become the first enterprise in the Contargo network to have undergone a safety and quality assessment system (SQAS) audit. The location was asse...
Denmark: DSB reported lower profit in 2010 The Danish rail service provider DSB reported that its 2010 group profit before tax amounted to DKK 173 million (about EUR 23.2 million), some DKK 287 million (about EUR 38.4 milli...
Hanjin Shipping opens dedicated terminal in Cai Mep The South Korean transport service provider Hanjin Shipping has opened a new terminal in Cai Mep (Vietnam). This terminal covers around 346,000 sqm of land at in the Cai Mep river ...
Sail-Log - the answer to steadily increasing fuel prices The German company Sail-Log has developed a new hybrid ship that is almost emission-free. The vessel has three forms of propulsion - a traditional engine, sails (with a patent...
Beluga College on the brink of closing Students and parents are concerned about the future of the Beluga College, a private academy which was established and primarily sponsored by Beluga Shipping GmbH. The...
Air Canada Cargo awards distribution contract to Wallenborn Air Canada Cargo has awarded a two-year contract to the Luxembourg-based logistics provider Wallenborn Group. Under the terms of the deal Wallenborn will provide international road...
K+N introducing daily Poland-France truck runs The Schindellegi (Switzerland)-based logistics and transport service provider Kuehne + Nagel has launched a daily direct line between its central hubs in Poznan (Poland) and Strasb...
Wincanton inks logistics contract with British ministry of justice The logistics service provider Wincanton, in partnership with Serco, an international service and business outsourcing provider, have been awarded a seven-year contract with the UK...
12th Logistics Forum Duisburg: awards for Grieshaber and Fresenius The German Logistics Association (BVL) presented its Logistics Service Award 2011 at the recent 12th Logistics Forums in Duisburg (Germany). This year's prize winners were...
FedEx reports higher turnover but lower profit in Q3 The US integrator and CEP corporation FedEx boosted its turnover to USD 9.66 billion in the third quarter of financial 2010/2011, an 11% increase compared to the USD 8.7 billion in...
Geodis working for Yoox Group in Italy Geodis Logistics - through the recently acquired company BSL - has signed a six-year agreement with Yoox Group for the supply of integrated logistics services to the new highly-aut...
Boeing selects Marc Allen to lead business in China The US aerospace giant Boeing recently named Marc Allen president of Boeing China. He will be based in Beijing and report to Shep Hill, president Boeing International and senior vi...
Owners keep Libya loading deals firmly under wraps Other aframax routes profit from unrest
Gazprom considers LNG export bids Russia's Gazprom has received offers from foreign shipowners to be part of a major project to export liquefied natural gas from Russia, according to Norwegian investment bank Lorentzen & Stemoco
Analysts tip LNG carrier spot rates to hit the $100,000 level Spot rates for liquefied natural gas carriers should reach $100,000 per day before the onset of the northern hemisphere summer months, according to Arctic Securities
Falling freight rates point to panamax scrapping rise The panamax bulk carrier sector could see a pick-up in scrapping activity if average time charter rates continue to fluctuate in the $16,000-$18,000 per day range, according to French broker Barry Rogliano Salles
Japan disaster to bring bonus for Atlantic gasoline trades Profits from shipping gasoline to the US from Europe in the second quarter will rise 24% as disruptions to Japanese imports divert cargoes across the Atlantic, increasing demand for vessels
Pacific panamaxes going cheap for Atlantic grain runs Readily available vessels in Asia are cheaper to hire for round trips
Tankers prepared to run the gauntlet with Libya loadings Deals are still being struck despite UN-backed no-fly zone
No formal decision over Hapag-Lloyd IPO Tui and Albert Ballin consortium fail to agree whether to take shipping line public
Russian intermodal shortsea service set for launch Service to link Moscow with Pacific island of Sakhalin and the Kamchatka peninsula
Beluga hit by more insolvencies More companies belonging to group file for insolvency
Chamber of Shipping declares Libya war risk zone Crew on members' ships have right to refuse to sail if destined for Libyan territorial waters
Dockers strike hits Finnsteve Dockers from the AKT union protest over job losses
Californian hubs mount fightback as 2014 beckons In the first of a two-part series, senior executives at LA and Long Beach explain their tactics ahead of a revamped Panama Canal, tough shoreside power regulations and negotiation of a new labour contract
Misurata port intact as fighting escalates No damage reported to Libyan port although it is not operational
Globus pays $30m for supramax Vessel to continue on time charter to Cosco at gross rate of $16,000 per day
US needs to invest US ports routinely receive far less money for maintenance dredging than either they need, or has actually been raised on their behalf
Tokyo box ports face radiation risk Container shipping will continue to feel effects of Japan crisis in coming months
The trouble with safety and security If we are not careful, the use of port state control data will render maritime safety meaningless
UK port chiefs slam carbon reduction scheme Carbon Reduction Commitment will choke off investment and undermine growth in ports sector
Goodbye to private ports Forth Ports' new owner Arcus is more likely to concentrate on investing in renewable energy and logistics than engaging in a Dover distraction
Precious eyes bargain deals after offloading ABG ships Sells three newbuildings on order at yard above market prices to Global Bulk Carriers
BP orders two offshore platforms worth $600m at Hyundai Heavy Delivery scheduled for end of 2014 for deployment off Shetland Islands
Forth Ports recommends Arcus buyout Last remaining listed UK ports business green lights cash offer from owner of dry bulk port operator Euroports
Posco urged to ramp up shipbuilding plates output Yards seek additional plates as safeguard against Japanese steel shortfall
Insurers to avoid nuclear costs Many insurance policies have nuclear exclusions within their policies
Forth Ports group profit strengthens Ports group says first two months of 2011 'encouraging' amid challenging UK trading conditions
CMA 2011: Navies at work on plans to seize pirate motherships Shipping leaders canvassed over plans to immobilise captured vessels
CMA 2011: LoBiondo to champion port funding Congressman to attach high priority to shipping issues
Savannah boxes up 16% SAVANNAH'S box throughput rose rose 16.3% in February from figures in that month of 2010 to 235,665teu, driven partly by retailers restocking
Precious resells newbuildings to GBC PRECIOUS Shipping, Thailand's second-biggest drybulk carrier, has sold two Handysizes and one Supramax to Singapore-registered Global Bulk Carriers
K+N adds reefer group LEADING ocean freight forwarder Kuehne + Nagel today strengthened its reefer logistics operations in the South Pacific by acquiring a leading local reefer operator
Oliva oil mires penguins LEAKING bunker oil from the 72,208dwt bulk carrier Oliva, which has broken apart on an island in the remote Tristan da Cunha group, is threatening rare penguins and other birds
Japan's coal needs to boost Panamaxes JAPAN could suck in an extra 15 Panamax vessels a month to meet its needs for coal restocking and power
Oz seen as game changer for LNG AUSTRALIA is likely to assume a game-changing role for global LNG supply, the Gastech conference was told today
113 migrants saved A MALTESE-flagged ship has saved 113 migrants from a sinking wooden vessel off Greece, but searchers are looking for three more missing passengers
Mundra plans coal facility INDIA'S Mundra Port and Special Economic Zone is to build a 3Bn rupee ($68M) coal import terminal at Visakhapatnam in Andhra Pradesh state
24% rise seen for fuel shipping profits PROFITS from shipping fuel to the US from Europe will rise about 24% in the second quarter because of Japan's quake crisis, Arctic Securities predicted today
Tug crew calls from Tripoli CREW members from an Italian tug were allowed today by Libyan officials to call relatives from Tripoli, the vessel's owner Augusta Offshore told Bloomberg
Crew wounded by pirates TWO CREW members are under care today for wounds from a pirate attack on the products tanker Al Nouf
Russia thawing at last RUSSIA'S most important ports are finally reporting from the first thawing of record ice
Aid for Japan planned THE JSA said today it has devised plans for members to provide free transport of relief supplies to Japan
Shell diverting more LNG to Japan SHELL is working to divert a second LNG spot cargo to help alleviate Japan's quake crisis, the Gastech conference was told in Amsterdam today
Yangzijiang yard details its spending spree CHINESE shipbuilder Yangzijiang has spent S$523.1M ($413.9M), or 87% of total IPO proceeds of S$600.3M
NYK Offers Free Tsunami Aid Transport The NYK Group said Tuesday it will offer free international transportation of relief supplies to the Tohoku and Kanto regions...
National Export Initiative to Partner with Ports The Commerce Department and the American Association of Port Authorities will combine forces to encourage small and medium-sized businesses to...
Maersk Hikes Piracy Surcharges Maersk Line announced a steep increase in emergency risk surcharges imposed earlier on containers moving via ports in the Indian...
Canadian Pacific Warns of Lower Earnings Citing severe winter weather and a lag in fuel surcharges catching up with a surge in diesel prices, Canadian Pacific...
ATA Truck Tonnage Index Drops 2.9 Percent The American Trucking Associations seasonally adjusted For-Hire Truck Tonnage Index decreased 2.9 percent in February after rising 3.5 percent in...
CSAV Swung to Profit in 2010 CSAV swung to a full-year profit of $170.8 million in 2010 from a loss of $656.4 million in 2009. ...
N. Carolina, Norfolk Southern Reach Major Grant Deal North Carolina and Norfolk Southern Railway struck an accord on how to spend $461 million in federal grant funds that...
LTL Trucker Holland to Hire 1,000 Drivers Regional less-than-truckload carrier Holland will hire nearly 1,000 drivers this year as freight demand accelerates, the YRC Worldwide subsidiary said...
Japan Container Ports Face Some Radiation Risk Up to 40 percent of Japan's container traffic would be affected if the risk of nuclear radiation from the badly...
Grand Alliance to Start Direct Vietnam Call The three member carriers of the Grand Alliance are adding a direct Vietnam call at the Cai Mep deepwater port...
Forth Ports Accepts $1.24 Billion Takeover Offer Forth Ports accepted a takeover offer from its largest shareholder that values the UK's last listed ports operator at $1.24...
K+N Acquires New Zealand Reefer Operator Kuehne + Nagel is acquiring 75 percent of New Zealand-based Cooltainer, an operator of refrigerated container services in the South...
Norfolk Southern Hit With Graniteville Accident Cost Norfolk Southern Railway will record expenses of at least $58 million linked to its deadly 2005 Graniteville, S.C., train derailment,...
Oil Tankers Arrive at Port of Sendai Oil tankers began arriving at the most important port in the northeastern Japanese region of Tohoku, which bore the brunt...
Sony Idles Japan Plants, May Shift Production Electronics giant Sony said it may shift some production outside Japan as plant shutdowns spread amid parts shortages and power...
Pay boost for Libya crews Seafarers on UK linked vessels to get double basic pay for voyages to conflict striken country.
Front Eagle flying to DHT? John Fredriksen's Frontline tipped to be the seller of a VLCC to US-quoted rival.
Egyptian uprising hits ALG London-listed cruiseship owner issues profit warning after political unrest leads to escalating costs.
Citadel saves Greek tanker Elmira Shipping vessel is boarded by pirates but crew and guard wait out the trouble in safe room.
Nuclear alert Weather routing chief urges shipowners to be prepared to divert ships from at risk areas of Japan.
Maitland: Safety first Shipping commentator says crew should be considered the number one priority in piracy debate.
"No evidence" against Jonesse Tongan court hears there is no proof Kiwi shipping boss knew Princess Ashika ferry was unseaworthy.
Yards need time ClassNK president Noboru Ueda tells TradeWinds WebTV it will take at least six months to complete repairs at two Japanese shipyards devastated by tsunami.
Carnival lowers forecast US cruiseship giant posts Q1 profit fall and is more pessimistic about full year as fuel price rises.
Box pioneer hailed Obituaries emerge telling the story of how Sir Brian Shaw became prime mover in containerisation, co-founding Overseas Containers.
Globus gobbles supramax Nasdaq-listed owner lays down $30m to take in bulker complete with Cosco charter.
Libya still holds AHTS Armed guards force 'freed' Augusta Offshore anchor handler to return to Tripoli.
Evergreen swings to black Taiwanese container line erased 2009 losses last year thanks to investment income, but operating result dipped.
Cape fight back fails Charterers resist drive to push up earnings in a market hit by KLC returns and tsunami slowdown, analysts say.
Samsung eyes big boxships Korean shipyard in talks with Asian owner over "large" vessels, with OOIL in the frame.
Frank buys KLC duo? Sergey Frank-led Sovcomflot tipped as the buyer of two Korea Line tankers in $67m swoop.
LoBiondo: Spend down harbor maintenance trust fund Rep Frank A. LoBiondo, R-N.J., called for spending down the $5 billion balance in the Harbor Maintenance Trust Fund. LoBiondo Speaking Monday at the annual conference of the Connecticut Maritime Association in Stamford, Conn., LoBiondo said dredgin...
Complaint against NY Waterfront Commission dismissed A U.S. District Court judge has dismissed a complaint by the New York Shipping Association (NYSA) which challenged plans by the Waterfront Commission of New York and New Jersey to set up a program that would allow companies to operate with a watch...
Jaguar opens in China Jaguar Freight Services, a Valley Stream, N.Y.-based freight forwarder, has opened a sales office at Shenzhen in Southern China.The office marks Jaguar's official entry in mainland China. The company has nearly 50 worldwide office and agent locatio...
Vanguard Logistics goes mobile Non-vessel-operating common carrier Vanguard Logistics Services said it's planning the launch of a mobile version of its systems platform for its freight forwarder customers.The service will consist of a "bundle" of applications that will run on th...
K+N takes 75% share in NZ's Cooltainer Swiss freight forwarder Kuehne + Nagel will acquire a 75 percent share in New Zealand's Cooltainer, a refrigerated transportation services provider.Cooltainer, based in Christchurch, has 45 employees who operate a network of offices throughout New ...
U.S. IPR seizures increased 34% in 2010 Counterfeit and pirated shipments seized in fiscal year 2010 climbed 34 percent to 19,959, according to statistics released last week by U.S. Customs and Border Protection and Immigration and Customs Enforcement. Seizures of products that could ha...
Weber names Accomando VP transportation Weber Logistics, a Santa Fe Springs, Calif.-based third party logistics provider, has appointed Mike Accomando to vice president of transportation services. Accomando will be responsible for running Weber's Transportation Division, which covers a v...
Paragon switches containerships for bulkers Paragon Shipping has entered an agreement with a Chinese shipyard to substitute two 4,800 TEU container vessels with scheduled delivery in the fourth quarter of 2013 for two 82,000 deadweight-ton dry bulk vessels that were scheduled for delivery in...
Drewry: Carrier profitability to be tested Carriers will be tested on their abilities to focus on profitability in the coming years, according to a report released last week by London-based Drewry Maritime Research. The report,Unmasking Freight Rates , provides five-year forecasts for each ...
Weak demand hamper CMP growth The general slowdown in the economy, in the Öresund region and globally, had a negative impact on Copenhagen Malmö Port's turnover and operating profit in 2010. The turnover was down
Fujairah market softens Suppliers compete to attract more buyers in Durban.
Rotterdam market stable Bad weather suspends bunker operations in Gibraltar.
Soaring bunker prices to put Matson in the red Warns of Q1 loss as surcharges are being 'outpaced by steep acceleration in fuel prices'.
KPI Bridge Oil appoints bunker trader for Singapore office KPI Bridge Oil Singapore 'continuing to expand its business.'
Cruise operator aims to cut bunker consumption Carnival says fuel costs likely to be $355 million above expectations.
ECAs could 'change the world' of cruising Cruise ship operators say ECAs could lead to itinerary changes and make Europe 'the next Caribbean'.
New bunker service for off-shore West Africa 12,500 deadweight tonne bunker tanker will start operations next month.
South Atlantic bunker spill threatens 'environmental disaster' Circumstances of island grounding 'beggars belief,' says conservationist.
Asian bunker prices generally weak Demand in key Asian bunkering hubs 'mixed,' says local traders.
CSDC's bunker costs up 44% in 2010 Plans to 'strengthen' energy-saving and further control fuel costs in 2011.
US Defense agency seeks more bunkers for Saipan base Increases MGO requirement to 95,910 mt from 4,455 mt for its vessels based at Saipan, Marianas Island.
Singapore prices affect Chinese cargo demand Players choose to skip buying March-loading cargoes from the republic.
PetroChina eyes oil storage facility in Fujairah Plans to build one million m' oil storage facility at Fujairah port.
Experienced trader joins Singapore bunker trading firm Din Hamzah joins I & C International as a bunker trader.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
