Limited access at Japan's quake-hit ports Seven small oil terminals and most of the shipping berths at Japan's north-eastern ports remain closed more than two weeks after a devastating earthquake, government and industry officials said.
Libyan rebels ready to export oil in a week Oil fields in rebel-held territory in Libya are producing between 100,000 and 130,000 barrels a day, and the opposition plans to begin exporting oil 'in less than a week', a rebel representative said on Sunday.
Jade Cargo strengthening network in Southeast Asia and Europe Shenzhen (China)-based Jade Cargo, a joint venture of Shenzhen Airlines, Lufthansa Cargo and the German Development Bank (DEG), is opening up new markets and adding four new d...
GB Railfreight launches interhubGB GB Railfreight (GBRf) has launched interhubGB, a fully integrated road and rail freight distribution network linking London and southeast England with Manchester and the northwest....
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...
Iberia launches two new routes between Spain and USA Iberia is starting flights between Los Angeles CA (USA) and Madrid today (28 March). The carrier offers three non-stop flights per week from Los Angeles, with an additional Friday ...
Singapore sees less freight in February Singapore Changi Airport handled 128,048 t of cargo in February, a decline of 1.9% compared to a year ago, due to the Lunar New Year holidays, just like in Hong Kong (cf. ITJ Daily...
MAN continues to grow internationally The German vehicle manufacturer MAN reported an operating result of EUR 1.035 billion in 2010 and its return on sales rose from 4.2% in 2009 to 7.1% last year. The group's ord...
Duisport: cooperation with Brazilian government The German inland port operator Duisburger Hafen AG (Duisport) and the Brazilian ports ministry have signed an agreement in Berlin to support the government in drafting a logistics...
Austria: OeBB's new intermodal structure too costly for industry The Austrian state railway OeBB's effort to make its freight subsidiary Rail Cargo Austria (RCA) more profitable will have dramatic consequences for the Austrian economy,...
Spain investing EUR 51.3 billion in new railtracks Spain wants to build a new, 1,300 km rail link along its Mediterranean coast. The Mediterranean rail corridor will connect the country's seaports and its major industrial centres. ...
Iveco Stralis for PTM International The UK-based specialist haulier PTM International has taken delivery of its first Iveco Stralis tractor unit from Hendy Van & Truck. The high-specification Stralis 4'2 artic jo...
2010 was favourable for Scania The Swedish Scania Group reported that its net sales in the vehicles and services segment increased by 26 % to SEK 78.168 million (EUR 62.074 million) in 2010. Revenue from sales o...
TX Logistik founders sell remaining shares to Trenitalia After almost twelve years of successful business activities, the TX Logistik founders Frank O. Blochmann, Burkhard Br'kling, Werner Nies, Kurt Pelster and Raimund St'er are selling...
Luka Koper acquires AEO certificate Luka Koper (Slovenia) has been granted an AEO certificate, thereby gaining the status of authorised economic operator status. AEO certification testifies to the fact that the port ...
E.R. Schiffahrt: "China" now sailing under the German flag The Hamburg (Germany)-based shipping and vessel management company E.R. Schiffahrt recently reflagged two more vessels. The German flag was raised on the 5,800 teu ship "MSC M...
French transport and logistics association TLF elects new president The French transport and logistics association TLF has elected Patrick Bouchez as its new president. He succeeds Philippe Grillot, who did not stand for re-election after recently ...
DB Schenker expanding in the Philippines DB Schenker recently expanded in the Philippines by inaugurating a new central facility in Manila. Three units that had previously been located in Metro Manila have been moved to t...
Caterpillar considering strategic options for 3PL business Caterpillar Inc recently announced it is examining a range of strategic options for its 3PL business, which is part of its wholly owned subsidiary, Caterpillar Logistics Servi...
Logwin remains Axel Springer's logistics partner The German publishing company Axel Springer Verlag has extended its cooperation in Germany with the Luxembourg-based logistics service provider Logwin by five years. The two compan...
Fertiliser demand feeds rates growth One-year time charters exceed $20,000 per day
Latest yard death may hinder lifting of Bangladesh ban The death of a Bangladeshi demolition yard worker in mid-March has added an extra layer of uncertainty as to how much longer the official lifting of the country's ship recycling ban will be delayed
CMA CGM takes 30% hit on boxship duo Each vessel sold for net $116m compared with $155m in ER Schiffahrt sale last month
Capesizes buoyant but supramaxes make losses The Baltic Dry Index held steady at 1,585 points, with no change since last week, as average capesize time charter rates improved for the fifth consecutive trading day, balancing out losses on all reported supramax routes
OSG charters Target suezmax newbuildings Target Marine and Horizon Tankers clinch employment for four vessels
Intertanko urges Worldscale to include piracy premium Need formalise common standard to help tanker owners offset expense of transiting Indian Ocean
US ports step up radiation checks Ships transiting within 50 miles of Fukushima to undergo extra screening before entering US
Box giants face $13bn revenue fall in 2011 Most lines to suffer losses if current freight rate trends continue
Tanker forced to drop Libya port call Breeze A, loaded with jet fuel for Gaddafi regime, turns back after flag state intervenes
Piraeus and Thessaloniki boost profits Greek ports post profits for 2010 after reducing personnel and other costs
Lifeboat release proposals to get further scrutiny Maritime Safety Committee to discuss Design and Equipment sub-committee recommendations in May
Bulker owners eye potential of boxships Paragon Shipping has switched an order for two kamsarmax bulkers to more lucrative boxships, but there are as yet few signs that this will herald an epidemic of contract conversions
Brussels unveils 40-year transport 'roadmap' Aims to cut bunker emissions by 40% and outlines road freight shift to water by 2050
Greeks capitalise on Germans' woes
Froude must be spinning in his grave The Energy Efficiency Design Index will impose a lower speed on larger ships and thus violate a fundamental tenet of ship design
First tier III engine set for Nissho Shipping Engine maker Man Diesel says it has the systems to meet 2016 NOx emission targets
Tests show promise of fuel cells as auxiliary power source Size and power limitations stumbling block for development
Norwegian NOx fund and dry SOx scrubber system win top awards
HCI posts $7m profit in 2010 KG house returns to profit after debt-for-equity swap provided by its banks
Norden newbuildings sale cancelled Greek buyer not able to submit final approval for purchase of six handysizes
US car makers warned over Japan fallout Automotive part suppliers and car manufacturers face second quarter shortages
China sends back MOL ship on radiation fears Authorities around the region jittery as inspections of vessels increase
For richer, for poorer Making financial commitments to shipping has its ups and downs and investors need to recognise that reality
MIRG must stay The decision to scrap funding for the Maritime Incident Response Group does not add up
SIPG seeks $761m from bond sale Funds from corporate bond issue earmarked for working capital and debt repayment
Isle of Man register to train superintendents Programme to cover broad foundation on all aspects of maritime operations
The Week Ahead: Supramaxes brighten gloomy charter markets Tonnage availability tight in the Atlantic and Pacific basins, and rates are creeping up
Disruptions persist at Japan ports Only 30% of berths in tsunami-affected area operating
More Iranian ships targeted THE US Office of Foreign Assets Control has added four more Iranian vessels to its sanctions list and revised 10 vessel designations to reflect name changes
TSA tests freight index TRANSPACIFIC Stabilisation Agreement carriers will soon test a new freight index to provide another method of measuring rate trends, Fairplay has been told
Impact of failed Yemen warned SHIPPING and the oil trade will be badly affected if unrest turns Yemen into a failed state, an Abu Dhabi conference was told today
Japan boxes cleared in US US CUSTOMS has cleared the first box imports from Japan since damage to nuclear facilities from the earthquake and tsunami on 11 March led to radiation concerns
India arrests suspected pirates INDIA'S navy has thwarted an attempt by pirates to hijack a Maersk box ship, detaining 16 suspects in the process, Fairplay was told today
Malta blocks Libya fuel shipment MALTA'S government has reportedly stopped a Maltese-flagged chemical/products tanker from delivering fuel to the Gaddafi regime in Libya
Baltic cruise loop agreed SPAIN'S Happy Cruises, owned by Quail Travel, has signed a deal with Tallinn's port and airport, under which passengers would fly in and out of the Estonian capital for the start and completion of weeklong cruises
HCI swings to profits LEADING German KG house HCI Capital today announced profits of €5M ($7M) for 2010, from losses of '55.8M in 2009
Migrants swamp Italy's Lampedusa OFFICIALS on Lampedusa are reportedly trying to cope today with the arrival of nearly 2,000 African migrants in the past 24 hours
Libya rebels seal oil deal? LIBYAN rebels have reportedly announced that they've sealed a deal with Qatar to market crude from eastern Libyan fields
Yang Ming turns round TAIWAN'S box carrier Yang Ming Line has returned to the black with T$11.78Bn ($400M) in net profits for 2010
Long-haul box rates keep sliding FALLING demand and excess capacity are causing long-haul box rates to continue their slide today
Tianjin's profits rise TIANJIN Port Development in China said today its 2010 net profits were HK$1.3Bn ($166.6M), a 42.4% year-on-year increase
Canberra plans customs boost CANBERRA has introduced legislation to significantly strengthen border protection agencies' control over Australian exports
Ashika accused ignored danger, court told THE JURY in the Princess Ashika sinking trial has been told that allowing the unseaworthy ship to sail was indefensible
Canadian Pacific Aims $100 Million at N. Dakota Canadian Pacific Railway unveiled a plan to spend nearly $103 million in its North Dakota network this year and next,...
Diesel Resumes Climb with 2.5 Cent Jump After a record 15 weeks of price increases, diesel took a tenth of a cent drop a week ago but...
UPS Adds Next-Day China-Europe Services UPS launched four additional direct flights from Hong Kong to Europe, expanding its next-day delivery coverage for packages and heavy...
Wabtec Boosts Outlook as Freight Strengthens Rail equipment supplier Wabtec said a stronger U.S. freight railroad market is a big reason it expects first quarter earnings...
Indian Navy, Coast Guard Capture Pirate Mother Ship The Indian navy and coast guard captured 16 Somali pirates and rescued 16 hostages after a three-hour running battle in...
Crowley to Start Direct Loop to St. Maarten Crowley Maritime is adding a direct, fixed-day sailing from Port Everglades, Fla., to St. Maarten in the Caribbean that will...
Consumer Spending Edged Up 0.7 Percent Consumer spending in the U.S. rose 0.7 percent in February, the Commerce Department said, but the numbers were boosted by...
Ohio Rescinds Private Fleet Regulation Ohio is dropping a controversial rule that extended safety regulations designed for larger vehicles and for-hire truck fleets to thousands...
Maersk Introduces Ships Designed for West Africa Maersk Line is taking delivery of the first of a series of 22 container ships called Wafmax that are specifically...
Wal-Mart to Reopen 12 Stores Hit by Japan Quake Wal-Mart Stores will reopen 12 of its Seiyu stores in Japan that were affected by the earthquake, and is hoping...
Disaster Reaches the Supply Chain The earthquake and tsunami that killed thousands and devastated a swath of Japan is promising a deeper impact on the...
Charter Rates Rise Amid Falling Freight Rates Container ship charter rates are still rallying even as freight rates are falling as ocean carriers seek additional tonnage to...
Air France-KLM Cargo Expands on Four Continents Air France-KLM Cargo added new freight services linking its twin Amsterdam and Paris hubs with the U.S., Peru, Cambodia, China,...
JAL Exits Bankruptcy Protection Japan Airlines flew out of bankruptcy protection on Monday, about 14 months after going into it. "From this new...
The JOC Top 40 Container Lines The columns of red and black numbers in the rankings of the Top 40 Container Lines by volume reflect the...
Clear Tracks? Considering West Coast longshore-management relations appear to be operating in a sea of tranquility, judging from their recent Journal of...
Paying By the Line What could go wrong in paying for the shipment of a single ocean container? Plenty, according to Stuart...
A 10-Step Program Selecting a freight payment and audit firm is an important strategic decision that shouldn't be taken lightly. The payment vendor...
When Time is Money The freight payment and audit business flows smoothly most of the time. Technology and competition have rendered the float '...
Supply Chains Out of Time The horrific earthquake that almost completely shut down Japan. The less powerful but still destructive earthquake in New Zealand a...
UP Eases Grain Pain Union Pacific Railroad will soon start hauling a grain product about 2,000 miles in unit trains of hopper cars from...
Industrial Strength Recovery Less-than-truckload carriers are doing something they haven't done in a long time ' hiring. Some trucking companies still...
Post-Panamax Logistics From the bridge of a container ship passing through the Panama Canal, the signs of the canal authority's huge expansion...
Building on Growth in Southern Cal Industrial real estate activity is picking up in Southern California, and that's a good sign for the economy and for...
Hutchison Handles Record Deal Hong Kong's billionaire Li Ka Shing has achieved a number of records with his IPO of Hutchison Whampoa's Hutchison Port...
Carriers Reap What Exporters Sow The U.S. farm sector is on the cusp of an explosion in exports, and the liner shipping industry will be...
Hours on the Waterfront Maritime and intermodal industry officials are raising alarms that the proposed federal hours-of-service rules for domestic U.S. truck drivers could...
Rail Grant Revs Up Tar Heel State Weeks before North Carolina nailed down an implementing agreement with Norfolk Southern Railway to spend $461 million in passenger rail...
Banking on Infrastructure If Congress agrees an infrastructure bank should be part of an overall strategy to draw on private resources to build...
Recovery's Uneasy Wake At first glance, the figures don't appear to add up on the Asia-Europe container shipping trade lanes. Shipping volume...
Logistics At Heart Over the past several years, I have written numerous times about the transparency ' or opacity, depending on your point...
Radiation Screening Prepared Vessels and containers arriving at U.S. ports from Japan will face inspections by the U.S. Coast Guard and Customs and...
The ladies are not for turning - yet In 1988 the UK's then Prime Minister, Margaret Thatcher, when referring to her chancellor's futile attempts to influence the nation's ailing currency exchange rate, famously said: 'there is no way in which one can buck the market'
Members sought for U.S.-Brazil CEO Forum The U.S. Commerce Department has opened the recruitment period for U.S. companies to apply for membership to the U.S.-Brazil CEO Forum. Commerce Secretary Gary Locke co-chaired the sixth meeting of the U.S.-Brazil CEO Forum on March 12-13, where U...
Cat, Horizon 3PL spin-offs: more to come? Announcements in recent weeks that Caterpillar Inc. and Horizon Lines are looking to sell their respective logistics business could be part of a trend in merger and acquisition activity in the 3PL sector. "There has been a serious uptick in the am...
Buckley heads Southwest's cargo Southwest Airlines has promoted Matt Buckley to vice president of cargo and charters. Buckley started his career at Southwest in 1982 as a ramp agent in Midland, Texas. Most of his time with the carrier has been focused on cargo management. Southwe...
FedEx starts 777 freighter flights to Seoul FedEx Express has started a dedicated Boeing 777 freighter route connecting the company's hub in Memphis, Tenn., to South Korea with four nonstop flights a week. The company said since the new route combines faster service with larger cargo capaci...
Zim adds Thessaloniki to Black Sea/Med service Liner carrier Zim said Sunday it is amending the rotation of its Black Sea-Ukraine (BSU) service to incorporate calls at the Greek port of Thessaloniki. From the beginning of April, the rotation will be Ashdod, Haifa, Limassol, Odessa, Illychevsk, ...
Chilean company buys into CSAV Chilean industrial and financial conglomerate Quinenco has acquired a 10 percent stake in compatriot liner carrier CSAV, the shipping line said last week. The stake, estimated at about $120 million, was purchased from Marinsa, CSAV's largest shareh...
Hyundai v. Hyundai: In-house fight for HMM Two rival South Korean conglomerates are continuing their battle for control of the container line Hyundai Merchant Marine, according to a report Friday byBloomberg.Hyundai Heavy Industries and the Hyundai Group are part of what the report called ...
Hapag-Lloyd plans to resume Nagoya calls Hapag-Lloyd said it plans to resume calls at Nagoya, Japan, Wednesday, but said its vessels will not return to Tokyo or Yokohama immediately. Eva Gjersvik, senior director group communication, said the company had only one ship in the country at th...
Modeled on ISA
Choumert new ESC chairman The European Shippers' Council has elected Denis Choumert, procurement and logistics director of Ciments Calcia, as chairman of the council. Choumert succeeds longtime chairman Dick van den Broek Humphreij. "Mr. Choumert, well known in the French ...
Combustion catalyst claims to increase fuel efficiency It is scientifically proven to increase fuel efficiency from 8-13%, while also decreasing greenhouse gas (GHG) emissions between 10-20%.
Prices steady in Fujairah Deliveries available for supply up to and including April 11 in Cape Town.
Bunker market softens in Rotterdam Tight barge availability reported in Piraeus.
Liner operator says 'bankruptcy not an option' CSAV Vice President denies rumours that company could fail.
Maersk names first of new generation 'fuel efficient' ships 4,500 TEU ships to use 30% less fuel per container carried.
Emulsion fuel to be produced on 'substantial scale' Low-cost bunker oil replacement moving 'rapidly through technical development and testing'.
'Good time' to enter US coastal tank barge market Kirby to complete $600 million transaction for coastal tank barge operator K-Sea in June or July 2011.
New order for fuel saving 'optimum trim' technology Tanker operator hopes to cut VLCC fuel costs by up to $400,000 a year.
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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