SSF goes bespoke to gain bigger following MORE shipbrokers will get a shot at using the Singapore Ship Sale Form (SSF), as it goes bespoke on a website widely used by the community.
Tanker surplus in the Persian Gulf grows An oversupply of supertankers competing to load two million barrel cargoes of oil at Persian Gulf ports has risen, a survey showed.
UGC, investment group sign deal to build grain terminal Russia's state grain trader, the United Grain Co (UGC), and investment group Summa said on Tuesday they had signed a deal to build a new grain export terminal on the Pacific cost with a capacity of five million tonnes per year.
South African new vehicles sales jump in October The sales of new light commercial vehicles (LCVs) put in a creditable performance in South Africa in October, with 12,994 units sold, an increase of 16% over the previous October. ...
ECS Group on course for a record year A strong European performance, expansion into new markets, new customers and contracts extensions are all contributing towards a record year for the ECS Group in 2011. The global c...
Air Transat Cargo to publish rates on OAG Cargo application Canada's Air Transat Cargo is the latest customer for OAG Cargo's enhanced and upgraded airfreight rates application, which publishes more than 6 six million airfreight rates to mo...
New MD for Toll Global Forwarding's German division Toll Global Forwarding has appointed Siegfried Nottelmann as managing director Germany. He joined Toll in August, when his company Andree & Wilkerling was acquired by the group...
Alstom and city of Belgrade sign rail agreement Alstom and Belgrade have signed a memorandum of understanding concerning the construction of a new rail transport system. This agreement opens a negotiation period during which the...
Hapag-Lloyd posts positive result Hapag-Lloyd achieved an operating result (adjusted ebit) of EUR 36.7 million in Q3. The operating result in the first nine months of the current financial year rose to EUR 78.8 mil...
More train drivers and new site for intermodal trains in Switzerland MEV Schweiz, a Basel-based Swiss HR service specialist for rail-bound passenger and cargo transport, is again training train drivers to drive cargo trains. After the conclusion of ...
First ADR licence for mineral oil tank on Mercedes Unimog The Swiss vehicle manufacturer GK Grünenfelder will supply Gredig & Co, based in Davos in the Swiss canton of Graubünden, with the first Mercedes Unimog with an ADR licence for...
Svizzera Logistica, 23-25 November, Lugano, Switzerland (copy 2) Svizzera Logistica is an international logistics trade fair, where selected enterprises will present their products and services in a relaxed and comfortable atmosphere that only L...
Grimaldi launches Genoa-Valencia service The Grimaldi Group has opened a new thrice-weekly ro-ro service between the ports of Genoa and Valencia. The route will be served by the modern ro-ro vessels "Eurocargo Valenc...
Volga-Dnepr Group presents aid logistics concept A Volga-Dnepr Group delegation presented a new logistics concept in the presence of state and government heads and high-ranking businessmen at an Asia-Pacific economic forum in Hon...
DHL cooperates with cooling container specialist CSafe DHL Global Forwarding, the airfreight and seafreight specialist of Deutsche Post DHL, is expanding its offer for temperature-sensitive shipments. A leasing agreement with the Ohio-...
Ceva and Ford expand relationship at new Louisville plant The SCM specialist Ceva Logistics has won additional business with the Ford Motor Company at the latter's Louisville KY (USA) assembly plant. The new operation will kick off in 201...
Weiss Röhlig launches weekly Hamburg-Taiwan service Weiss Röhlig, a logistics JV of the logistics providers Gebrüder Weiss and Röhlig, has launched a weekly consolidation service between Hamburg and Taiwan, to meet growing demand fo...
Greece's golden goose needs careful handling First signs are that Greece's interim government understands that, while Greek owners have limited exposure to the national crisis, the risk to the economy is greater if the industry is alienated
Shipping has limited exposure to Greek risk Owners are part of the global commodities scene rather than the Greek economy
Middle East VLCC earnings set to be hit by start of holiday season Firm spot market expected to dip on reduced chartering during US and Asian celebrations
Diana Shipping moves 'closer' to share buyback Growth-minded Greece-based owner could consider newbuildings if freight rates drop further
UN calls for more naval force as EU Navfor reduces cover UN Security Council calls for an international response to Somali pirate threat
US debt fears are back on the agenda Congressional committee set up to agree ways to cut the $15trn national debt has failed to offer any conclusion
Will China lift the world out of the red? As many developed countries battle acute economic problems, the importance of Chinese demand is growing even greater
Depth of industry's negative sentiment revealed Delegates at the Informa Maritime Events London Ship Finance and Investment conference express a predominantly negative view of the next 12 months
Maersk and Hamburg Süd to boost joint Asia-South America services Delivery of 16 7,500 teu containerships is under way
NewLead racks up $7m in arbitration awards over charter spat with TMT Greek owner 'confident' of collecting all outstanding cash from Nobu Su vehicle
Livanos Group sells ageing VLCC Greeks said to have offloaded a 1993-built double-hull tanker while rumours circulate of suezmax resale pair sold from Sungdong yard
Don't be driven to distraction Officers on the watch can find their heads turned (in the wrong direction) by an abundance of modern gadgets
Christmas lights fail to dispel shipping's gloom At the Lloyd's List London Ship Finance and Investment Conference, speaker after speaker recounts tales of desperation
Tramp boxship owners need better awareness of market competition Brokers say owners are giving in too easily to low charter rates
Owners urged to take the first step in refinancing talks Time is fast running out for failing firms as first boxships are laid up at Hamburg port
Australia's booming export trade to China piles up a $2.5bn surplus Trade has grown twenty-fivefold since 1990
SFI sees profit-share earnings evaporate in weak spot market Company to keep close eye on Frontline restructuring
Transpacific box rates stay flat Drewry benchmark stuck at $1,457 per feu, as lines announce surcharges to Pacific services
B+H Ocean Carriers to scrap its share listing Michael Hudner's ore-bulk-oil operator joins exodus of New York public companies
Goodbye to magic pipe dreams A US district court struck a blow for fairness in overturning an indefinite detention called for by US prosecutors
Woe in the tanker sector Frontline and Torm have given a blunt assessment of their troubles. This is all to the good
CMA CGM pushes for rate hikes across multiple routes Decision parallels moves by other carriers
Strong LNG day rates give Awilco hope for 2012 Third-quarter loss of $4.6m can be turned around next year, company says
Developing countries boost participation in shipping Unctad report shows traditional roles of providing seafarers and creating raw materials exports are being left behind
S&P withdraws Excel Maritime rating Move comes at company's request after stinging downgrade
Fesco launches US-Russia service New Tacoma to Vladivostok run targets shippers in the oil and gas, mineral and manufacturing industries
Third blaze in 18 months hits Dalian oil terminal Storage tank fire caused by lightning
Hanjin Heavy launches drive for top position among Korean yards Yeongdo facility being modernised after settlement of labour dispute
Sea Star fine calculus revealed US PROSECUTORS fined Sea Star $14.2M for price-fixing because they believed a higher penalty would "jeopardise" the company, newly filed court documents reveal
American Club raises premiums by 5% THE AMERICAN P&I Club today announced a 5% premium increase for policy-year 2012 and reported a substantial gain in its Asian membership
MOL box ship, bulker collide REPAIRS are being made today to a small bulker that nearly sank after a collision on Germany's River Weser last night
GenMar seeks fee blessing IF A JUDGE decides not to approve fees attached to Oaktree's new investment in General Maritime, the tanker major's fleet could be liquidated, a new court filing has explained
B+O to proceed on NYSE Amex exit B+O OCEAN Carriers is moving ahead with plans to exit NYSE Amex to save on administrative costs
Iran oil buy boosts Syria AN IRANIAN company has lifted 80,000 tonnes of crude this week from Banias port, in what's been described today as a "minor boost" for Syria
Ex-Beluga ship sold A FORMER Beluga ship was privately sold today in Bremen to project carrier Hansa Heavy Lift, after an auction for the multipurpose vessel was first cancelled
Will Diana buy back? NYSE-listed Diana Shipping, which is overflowing with cash, signaled today might finally move to buy back its own shares
India shares drop on rupee fall INDIA'S shipping shares dropped today to another 52-week low in reaction to the rupee's drastic fall against dollar
Tanker contagion spreads TANKER sector weakness appears to have spread to the newbuilding resale side, Pareto Securities said in Oslo
Secondhand market twitching detected DRYBULK spot rates are trading in a narrow range, but the secondhand market is becoming more active, shipping analysts said today
BVI court steps into Russian fight FORMER Russian entrepreneur Vitaly Arkhangelsky has had a small legal win in his long-running battle to recover the port assets of his Oslo Marine Group
Murchison buys time AUSTRALIA'S Murchison Metals today extended its share suspension, as it continues to negotiate the sale of its stake in the A$5.9Bn ($5.74Bn) Oakajee Port & Rail Project
Lowe's Ramps up Inventory Ahead of Holidays Lowe's says its inventory in the third quarter was up 5.2 percent year-over-year and the home improvement retailer is "more...
JOC's Leach Tours Port of Montreal, Discusses Expansion Plans (Video) Peter Leach, senior editor for the Journal of Commerce, shares his impressions after a tour of the Port of Montreal,...
Japanese Ship Orders Rise for First Time in Six Months Japanese export ship orders grew for the first time in six months in October on a year-on-year basis, rising a...
India's Trade Deficit Hits Four-Year High India had a trade deficit of $19.6 billion in October, the highest in four years, as the pace of export...
Iceland's Eimskip Boosts Profit on Traffic Surge Eimskip increased third quarter operating profit 7.6 percent year-over-year to $14.85 million, as the Icelandic container shipping and refrigerated...
Lufthansa to Cut Cargo Capacity up to 30 Percent Lufthansa Cargo said it could cut capacity by as much as 30 percent going into 2012 and temporarily ground some...
China Cosco Names Jiang President China Cosco Holdings named Jiang Li Jun to replace Zhang Liang as president, extending a management shakeup that comes amid...
Maersk Line's increased activity contributes to PTP growth According to Maersk Line, its increased activity at Port Tanjung Pelepas (PTP), Malaysia has contributed to the port's impressive 15.5% growth in the first 10 months ...
Containerisation International Yearbook 2012 to be published in December
Maersk improves Asia/Adriatic connections Maersk Line has improved the feeder services that connect with its AE12 schedule between Asia and the Eastern Mediterranean in the Adriatic. Three third party services ...
Discharging starts of grounded Turkon ship's boxes A Turkon Line boxship that grounded on the rocks off the Greek island of Syros on November 9, while en route to Salerno, is having its 791 containers discharged ...
WTSA recommends reefer rate increase of USD300/FEU Container lines serving the westbound transpacific trade are calling for an across-the-board increase in refrigerated cargo rates, to cover higher equipment and ...
LA port to participate in ESI 'clean ship' programme The Port of Los Angeles (LA) has announced that it is working with the International Association of Ports and Harbours (IAPH) to develop incentive strategies to ...
ATA index suggests US growth The American Trucking Association's (ATA) Truck Tonnage Index increased by 0.5% in October, after a revised 1.5% gain the previous month, suggesting that the US ...
Egyptian turmoil Egyptian protesters are continuing to occupy Cairo's iconic Tahrir Square today despite an offer from the military to speed up the process of handing over control ...
Chamber of Shipping hails 'standout environmental records' Foss' mission to aggressively pursue opportunities to reduce emissions is recognised.
Propulsion unit modification improves energy efficiency From May to September the vessel witnessed benefits of more than two percent in hydrodynamic efficiency improvement.
Markets firming in European hubs Rotterdam IFO prices climbing but player says underlying sentiment remains soft.
Fujairah up, Durban down Avails still limited in South Africa's main port.
LNG carrier sees losses widen Voyage-related expenses rose, mainly due to bunker consumption related to vessel repositioning.
Stena Line examines ECA strategies Doubts alternatives to MGO will be ready by 2015, but continues to evaluate cost-effective technology and fuel solutions.
'Alternative fuels' key in reducing emissions Challenge is to support 'green initiatives in a sustainable and cost effective manner,' says US maritime official.
Wartsila 'strengthens its market position' Deal agreed to acquire Hamworthy.
Philippine bunker suppliers in compliance with new sulphur limit IFOs supplied in Philippine ports have sulphur content of 3.30-3.40% according to test results.
Asian bunker prices rising mid-week Weak demand in Asian hubs on Wednesday.
Wartsila completes Bit Viking's fuel conversion to LNG Product tanker, to be operated by Statoil, delivered to Tarbit Shipping in October.
South Korean bunker players ready for new sulphur cap Most local refiners have commenced offering 3.50% sulphur IFOs.
UK-based terminal operator to acquire oil facility in Denmark Baltic Oil Terminals PLC to acquire Haahr Tank-Lager A/S for $9.9 million in cash.
Singapore port authority issues 3.50% sulphur limit reminder Shippers to ensure sulphur content of bunker fuels not above 3.50% from 2012 onwards.
Bunkering in Hambantota delayed to next year Two to three months before bunkering can start, says SLPA chief engineer.
WFS posts Q3 dividend Set to pay out dividend on January 6, 2012.
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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