Ships skip Tokyo on radiation fears Some merchant ships may be avoiding Japan's Tokyo port due to concerns of radiation exposure to crew members from the quake-crippled Fukushima nuclear plant, an industry official said yesterday.
Japan woes seen lifting clean oil tanker rates An expected surge in demand for foreign oil products for power generation in quake-crippled Japan will support the clean oil tanker market in coming months to help sustain a nascent upturn in rates.
Biman reapplying for permission to fly to New York Biman Bangladesh Airlines recently reapplied for permission to operate a service to New York. In 2010, the carrier gained approval to operate two weekly Dhaka'Manchester (UK)'...
Coastlink short sea conference, Hamburg, 19-20 April 2011 Coastlink is holding a series of conferences under the title of "Challenges abound for shortsea container shipping" at the Hotel Atlantic Kempinski in Hamburg (Germany) o...
Daimler donates EUR 2 million for earthquake and tsunami victims in Japan The German vehicle manufacturer Daimler is donating EUR 2 million as immediate aid for the victims of the earthquake and tsunami in Japan. The contribution is intended to support d...
Deutsche Bahn welcomes plans to invest in rail network The German state railway Deutsche Bahn (DB) has welcomed a statement from the federal transport minister, Peter Ramsauer, saying that the country wants to set aside an extra EUR 1 ...
Russian Railways approves level crossing safety programme Russian Railways has announced that work is continuing to install new and upgrade existing equipment at railway crossings on the country's railway network. The rail service provide...
Truck lessor Pema signs major contract with MAN The German vehicle manufacturer MAN Truck & Bus will supply the commercial vehicle rental company Pema with a total of 500 trucks over the course of this year. A framework agre...
Air Logistics Group opens in Slovakia The global GSSA, Air Logistics Group, continues to expand its network with the recent opening of a new office in Bratislava, the capital of Slovakia. Air Logistics Group has been a...
FedEx enhances Munich-Paris service by deploying a B757 FedEx Express, a subsidiary of the US-based FedEx Corp, has been deploying a Boeing B757 on the Munich (Germany)-Paris route, thus enhancing its service offer for Bavaria and the w...
Wilh. Wilhelmsen launches next generation cargo vessel The Wilh. Wilhelmsen group has launched its 150th anniversary vessel - the mark V class "MV Tønsberg". The vessel is the most sophisticated vessel ever built in the ro-ro segm...
CMA CGM reinforces its EPIC service The French shipping company CMA CGM is upgrading its EPIC service between India, Pakistan, the Middle East and North Europe (five ports served directly). The EPIC sling will i...
PD Ports and Rickmers-Linie find mining joy at Teesport Teesport in the UK was temporarily transformed into a scene resembling a science fiction film earlier this month when more than 180 futuristic-looking mine arches, each weighi...
Balnak Group welcomes new board member Balnak has been able to contract the services of WWD & Partner Gmbh through the engagement of the long-serving logistic and transport industry expert Mr. Wolfgang W. D'lger. He...
Norbert Dentressangle gets green light for TDG takeover The French transport and logistics group Norbert Dentressangle has been given approval by the EU Commission for the acquisition of UK logistics provider TDG. The Fre...
Huawei honours SDV with multiple awards At a recent core partner convention in Shenzhen (China), Yin Xuquan, the vice-president of the procurement department at Huawei, a world leading telecommunications networ...
Gebr'der Weiss registered continuous growth in business year 2010 The Austrian transport and logistics corporation Gebr'der Weiss closed business year 2010 with a provisional 17.8% increase in sales, compared to the previous year. Thanks to ...
MR tankers cashing in on US gasoline profit window Deficit of 5.3m barrels drives up prices and creates a transatlantic trading opportunity
Bigger supramaxes steal market share Newbuild vessels as large as 61,000 dwt are taking coal and grain trade from panamaxes
Newbuilds forecast to depress fleet utilisation further RS PLATOU has forecast an "unpleasant" supply-demand balance this year, with vessel utilisation levels for the entire merchant fleet falling for another year as vast numbers of newbuildings are delivered from Asian shipyard
SSY GlobalCOAL screen passes 50m-tonne mark The volume of freight traded on Simpson Spence & Young's globalCOAL forward freight agreement screen has passed the 50m-tonne mark
Panamaxes lift Baltic Dry Index The Baltic Dry Index reached an 11-week high today, rising by 18 points to 1,583, as coal from Indonesia and grain from South America to Asia continues to drive demand
Ultrapetrol follows Petrobras charter with another Nantong newbuilding
Offshore support veterans launch joint venture
Chinese yards step up to meet quality demands
Hyperdynamics looks to capitalise on global oil price inflation Exploration company to raise fresh funds through further selldown of license
Box lines respond to Japan nuclear threat Latest information from major carriers on their calls into Japan
Thenamaris and Evalend join Greek dash for boxships Contracts for widebeam 4,800 teu vessels similar to orders by Paragon and Tsakos
Rate of division Containership charter and freight rates are moving in opposite directions, raising the question of whether or not the two markets should work in parallel with each other
The risk of radiation Offen's decision to halt ship calls at Tokyo and Yokohama due to radiation fears looks unlikely to trigger a wider boycott of the area by international shipowners
Intra-Asia trade at risk from Japan crisis Extended shutdown of country's factories could change dynamics of intra-Asia sector
Shipowners must overcome fear of using armed guards Employing armed guards could significantly reduce Somali pirate attacks
Japan plays down port radiation threat Government urges shipping companies to base decisions on accurate information
Nato to ensure free flow of shipping amid Libya blockade Libya port calls legal but guidelines warn vessels subject to searches by Nato units
Hapag Lloyd suspends Japan port calls German carrier re-routes ships from Tokyo and Yokohama and offers all land-based employees relocation to southern Japan
CSAV beefs up South America-US Gulf capacity To replace current 4,100 teu vessels now operating on the route with 5,500 teu ships
Kitanihon plans to resume newbuilding work Yard expects to deliver vessels less than six months after originally agreed delivery dates
Ships put on Fukushima zone alert Shipping operations continuing normally but IMO urges compliance with Japan guidelines
Asian Shippers' Council calls for taking out of 'terrorist' pirates Says trail of multi-million dollar piracy industry leads to Kenya, UAE and Europe
Thoresen Thai unit invests in Indonesian coal mine Company says demand for thermal coal to remain robust in the future
CMA 2011: National Maritime Services makes headway on foreign expansion Comments come as Nordea Bank files new papers on arrested Korea Line tanker
Dover port privatisation gets no vote Local residents put damper on plans to privatise trust port
OOCL confirms order for six 13,000 teu ships Deal worth $816m placed with Samsung Heavy Industries
Russian sentences Arctic Sea hijackers SIX MEN who hijacked Arctic Sea have been sentenced in Russia to prison terms of 7-12 years
UK court awards costs against Sovcomflot The UK High Court has ordered Sovcomflot to pay legal costs of its former CEO Dmitry Skarga following a lengthy trial involving conspiracy charges against Skarga and former chartering partner Yuri Nikitin
Europe/Japan box imports to drop JAPANESE factories closed since the 11 March quake are expected to cut box imports from northern European in the first quarter, sector leaders told Fairplay today
LNG terminals for Indonesia PERTAMINA, Indonesia's government-run oil company, and Perusahaan Listrik Negara reportedly plan to build eight size LNG receiving terminals with a joint capacity of 1
Arms seized in Dubai DUBAI police said today they have seized 16,000 handguns and ammunition believed to have been headed for Yemen, IHS Global Insight reported
Vietnam limits blame over Vinashin VIETNAM has reportedly insulated government officials from the near-bankruptcy of national shipbuilder Vinashin
Refugees transferring to Sicily TUNISIAN refugees are being transferred from the Italian island of Lampedusa to holding centres in Sicily, according to media reports
Shipping assesses UK budget THE UK'S new budget should generally have positive effects on shipping, despite its squeeze on shipowners not domiciled in Britain, accountant and shipping adviser Moore Stephens said today
LNG exporters seen turning into importers GROWING domestic demand for gas means that many LNG-exporting countries will turn into importers in the next few years, Arctic Securities predicted today
Owners failing seafarers ASIAN shipowners have criticised governments for falling short of fair treatment for victimised seafarers
ASC: make piracy riskier THE KEY to combating piracy is to raise the ratio of risk to reward for the attackers, the Asian Shippers Council said today
Shell cracker crocked SHELL said today it has declared force majeure on some chemical shipments because of ethylene cracker problems at its Singapore refinery
Dover voters oppose port's privatisation DOVER residents have voted overwhelmingly for what supporters termed a community-based 'people's port' for the Kentish Channel town
COSCO insurer has 50% profits rise COSCO International (Singapore) today posted net profits of HK$1.27Bn ($162.8M) for 2010, a 50% year-on-year increase
Biggest LTL Carriers Outpace Market in 2010 The biggest less-than-truckload carriers got bigger in 2010, with the number of LTL trucking companies with more than $1 billion...
St Lawrence Seaway Opens 53rd Season The Dutch ship Avonborg was the first vessel through the St. Lawrence Seaway when the system opened Wednesday for the...
USPS Seeks $750 Million in New Cost Savings The U.S. Postal Service unveiled a restructuring program Thursday aimed at saving some $750 million in annual costs by closing...
Brandt Truck Line Shuts Down Brandt Truck Line, Bloomington, Ill., shut its doors March 22 after 88 years in business. The company offered no explanation...
Hughes Will Not Seek ILA Re-election Richard Hughes said he will not seek re-election as president of the International Longshoremens Association, an action that clears the...
Hub Forecasts Rising Intermodal Rates Intermodal marketer Hub Group expects overall U.S. intermodal pricing this year to rise 3 to 5 percent, driven by railroad...
New York Shipping Association Cuts Assessment The New York Shipping Association is cutting the assessment it collects on containers destined for delivery within 260 miles of...
Pension Fund Cuts YRC Teamster Benefits The Teamsters Central States Pension Fund is cutting into benefits for YRC Worldwide employees as the trucking operator struggles to...
Japan Warns of Quake's Impact on Trade Japan's trade balance swung back into the black in February as exports regained momentum, led by shipments to China, according...
Japanese Ports Reopen All Japanese ports affected by the devastating earthquake and tsunami that hit the northeastern part of the country on March...
Evergreen Chairman Gives $12.35 million to Japan Relief The chairman of Evergreen Group, Chang Yung-fa, donated $12.35 million of his personal fortune on Wednesday to help Japan with...
Fire Delays Flights at Miami International Airport A fuel tank at Miami International Airport caught fire late Wednesday night, erupting into a large blaze. Miami-Dade...
Port of Rotterdam Boosts 2010 Profit 7 Percent The Port of Rotterdam Authority earned a profit $217 million in 2010, an increase of more than $14 million, or...
Maersk Marks Five Years Using Low-Sulfur Fuel Maersk Line next week will celebrate the fifth anniversary of its switch from high-sulfur bunker fuel to low-sulfur distillate fuel...
Kenco names Albrecht sustainability head Kenco, a Chattanooga, Tenn.-based logistics, transportation, real estate services and material handling equipment provider, promoted Deni Albrecht to head of sustainability. Albrecht was a senior logistics engineer for Kenco Management Services. He...
Sarti heads Penskeis South American operations Penske Logistics, a subsidiary of Penske Truck Leasing, has named Paulo Sarti as managing director for South American operations. Based in S'o Paulo, Brazil, Sarti succeeds Bill Scroggie, who returned to the United States to serve as the company's ...
Korean Air starts Russia freighter service Korean Air this week started twice weekly cargo service between Seoul and St. Petersburg, Russia, the airline said. Operated with Boeing 747-400F freighters with 100 tons of capacity, the service will be offered on Wednesdays and Fridays. 'Russia's...
DHL upgrades online import booking DHL Express said it has launched a booking tool that makes it easier for shippers to manage their imports. The company's Import Express Online booking tool provides a more detailed menu of user options, including a simple navigation system, transi...
Evergreen's SE Asia feeder calls Thailand Evergreen Line said Wednesday it has started a Southeast Asia feeder linking Thailand, Malaysia and Indonesia. The TMI service has a rotation of Bangkok, Laem Chabang, Port Klang, Tanjung Pelepas, Jakarta, Tanjung Pelepas and Bangkok, and is operat...
CTSA to raise currency fee in May Member lines of the Canada Transpacific Stabilization Agreement said Wednesday they will once again increase their currency adjustment surcharge on May 1. The surcharge will increase to 9 percent. It was raised to 8 percent March 1. CTSA, whose lin...
OOCL joins big-ship league Hong Kong-based liner carrier OOCL on Wednesday finalized an order for six 13,000-TEU vessels from South Korea's Samsung Heavy Industries. The vessels, due for delivery in 2013, would be, by far, the largest in OOCL's fleet of 79 ships (of which 4...
U.S. beef exports may increase to Chile The U.S. Department of Agriculture on Wednesday said U.S. beef producers are now eligible to ship a larger array of products to Chile. The market opening in Chile follows months of bilateral meetings between the two governments. 'These negotiation...
Coaster salvaged by J.A. Rederiet J.A. Rederiet has successfully executed a salvage operation of the German 1962-built coaster Nordland I, which has been standing high and dry on the beach of the German island
KPI Bridge Oil appoints accountant for Singapore office Tan is from Singapore and is fluent in English and Mandarin.
Green Ship of the Future continues to make great progress This year the Danish Initiative focuses on reducing CO2 emissions and cost-effective technologies to meet low sulphur demands in an ECA.
Fujairah market firms Suez market soft.
Bunker prices soften in Rotterdam In Gibraltar, reports say barge schedules full, especially for prompt dates.
Police raid Beluga offices Operation part of ongoing fraud investigations.
Arbitrage inflows matched by bunker demand Singapore fuel oil market 'in balance' as inventories remain steady.
'Most' of bulker's bunker fuel has already leaked Only 300 mt of IFO still in grounded vessel's bunker tanks.
Uptrend in Asian bunker prices Mixed demand at key Asian bunker ports.
Staff movements at Japanese trading firm Singapore-based bunker and oil cargo trader to move back to Tokyo office.
Harley Marine expands business with bunker barges order Places order for three double-hulled barges at two local shipyards.
Bunker arm lifts Cosco International's 2010 revenues Sinfeng contributes $763 million of the group's total revenues of $1.1 billion in 2010.
Versatile cargo vessel to run on alternative biofuels STX Finland Oy to build multipurpose deck cargo vessel for a Finnish cargo shipping company.
MAN Diesel unveils world's first Tier III two-stroke engine Engine reduces NOx emissions by over 80%, says engine manufacturer.
Titan buys back $13.6 million worth of notes The notes were issued as part of a note exchange offer considered 'critical' to the company's future.
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