US demand seen to lift tanker rates Strengthening US demand for Middle East oil will buoy charter rates for supertankers next month as it causes ships to sail on longer journeys than normal, Fearnley Consultants A/S analyst Sverre Bjorn Svenning said.
Schmit Cargobull certified as "KAM Professional" Schmitz Cargo Bull AG is the first European company whose key account management has been certified as "KAM Professional". The certification recognises the fact that...
London: stricter emission standards from January 2012 With effect from 3 January 2012, emission standards will become stricter in the London Lez Emission Zone (LEZ), and more types of vehicles will be included. Vehicles with a gross w...
Longer trucks to be tested on more roads in Denmark Norway's Road Directorate has presented a proposal to extend the country's 1,640 km section of its road network that modular vehicle combinations (long trucks) are allowed to use t...
Zvartnots: solid four-month result Zvartnots international airport that serves Armenia's capital Yerevan, has reported its operating results for the first four months of 2011. The volume of cargo reached 2,377 t bet...
Davies Turner Air Cargo leads the way with dual-view X-ray scanning Initiatives to enhance safety and security in the worldwide supply chain has seen Davies Turner Air Cargo (DTAC) become the first UK freight forwarder to acquire and install a cutt...
Railenium consortium wins bid for French state investment The Railenium project, the name given to the European Institute for Technological Research in Rail Infrastructure (based near Valenciennes, in northern France), is set to become a ...
Railway operator ALL building new intermodal terminal in Brazil The Brazilian railway operator América Latina Logística (ALL) is investing BRL 730 million (about EUR 318.1 million) in the construction of an intermodal terminal in Brazil's midwe...
North America: domestic, international intermodal volumes rise in Q1/2011 An intermodal market trends and statistics report compiled by the Intermodal Association of North America (IANA) showed that intermodal volumes increased by 9% year-over-year in Q1...
Duisport: ZDS opposed to participation of Rotterdam and Antwerp The Federal Association of German Seaports (ZDS) has warned that the ports of Rotterdam and Antwerp should not acquire a shareholding in the inland port of Duisburg, as they are co...
Maersk raises Asia/West Africa rates Maersk Line will increase its rates in the trade from Asia to West Africa by USD 150/teu with effect from 15 June. The rate hike applies to destinations in Angola, Benin, Burkina F...
MOL adds new high-performance ship-handling simulator The Japanese shipping company Mitsui O.S.K. Lines Ltd (MOL) recently installed a new high-performance ship-handling simulator at its seafarer training centre in a suburb of Manila ...
TNT: Peter Bakker leaving, Marie-Christine Lombard taking over Following the shareholders' definite approval of the demerger of the Dutch mail and logistics corporation TNT (see report in the Forwarding and Logistics sector of today's ITJ Dail...
Volcano stops smoking, airports reopen The activity of the Icelandic volcano Grimsvötn decreased steadily on Wednesday (25 May), so that Europe's air traffic seems to have escaped lightly from what threatened to be...
Ceva Logistics brings guaranteed delivery to Ceilings Plus The logistics and SCM specialist Ceva Logistics has announced that its guaranteed delivery services are being used by Ceilings Plus, a top US manufacturer of ceiling and wall panel...
Sinotrans to acquire more than 33% of Interbulk's share capital The Chinese logistics operator Sinotrans has conditionally agreed to subscribe for 165 million placing shares of Interbulk at a total cost of approximately GBP 18.15 million. On co...
Demerger of TNT now definite Amsterdam, 25 May: some 99.7% of the shareholders of the mail service and logistics service provider TNT agreed to split the company into an independent postal arm and an internati...
German flag subsidy cuts to go ahead Government views other means of attracting owners to prevent them flagging out vessels
Box lines should remember the air cargo bloodbath Price fixing may not be punishable in Europe with jail sentences, but that does not mean the European regulators are any easier on carriers than their American counterparts
Brussels drives in the thin end of the wedge The European External Action Service amounts to a full scale diplomatic service which is exerting its baleful influence on the IMO
Korea Line product tankers approach US court auctions Price of sisterships for sale being watched closely for clues on market recovery
Yen pressures drive more Japanese owners to third-party shipmanagers V.Ships Asia reports a noticeable increase in interest for services since start of 2011
MUA calls off work bans at Patrick terminals Productivity rises dramatically in Melbourne as 'go-slow' ends, but dispute still not resolved
Ports chief outlines plan to beat St Petersburg winter congestion Better use of icebreakers and closer monitoring of vessels' suitability for ice navigation are promised in wake of last winter's delays
OceanFreight sells last tanker after hiccup Anthony Kandylidis-led company books small profit despite $1m loss from initial suezmax sale bid
Danaos financial chief stands down Chief executive praises dedication and drive as Dimitri Andritsoyiannis leaves 'to pursue other interests'
Wan Hai and PIL to suspend Asia-Europe loop Weak trade conditions also force Maersk and MSC to delay rate increases
Maersk to launch fortnightly Papua New Guinea service PNG market set for 'significant growth' in next few years, company says
Maersk launches fundraising Meetings with European investors could raise up to $1.4bn
Paragon suspends dividend with eye on acquisitions Move to retain cash comes despite beating profit forecasts
OSG secures $900m refinancing deal Agreement with lending banks enables tanker major to postpone repayment of credit facility to 2016
US praises foreign flags VESSEL detentions decreased in 2010, as ship performances and flag administrations both improved, the US Coast Guard has concluded
India rejects pirate trials INDIA, which earlier this week decided to require armed guards on ships in pirate-plagued areas, has also ordered a catch-and-release policy on suspects taken alive
BP unveils Indonesia LNG expansion plan BP REVEALED a $10Bn, decade-long investment plan today for Indonesia, expanding its LNG shipping operations there
Subscriber notice THERE will be no news bulletins on 30 May because of the UK holiday weekend
OceanFreight finds buyer for last tanker NASDAQ-listed OceanFreight has sold its last tanker, after the initial buyer defaulted on the sale
Paragon axes dividend GREEK bulker owner Paragon has suspended its dividend, a move it said was meant to retain cash and allow it to explore investments in a weakened market
Varun's income falls MUMBAI'S Varun Shipping has reported a sharp drop in freight and charter hire income during the last financial year
China-Vietnam border spat gets sharper edge IN AN UPTICK for the China-Vietnam border dispute, a Vietnamese ship's survey cables have reportedly been severed by Chinese vessels off Phu Yen province
Doyle Group sheds ICG CORK'S Doyle shipping group yesterday sold its 12% stake in Irish Continental, which owns Irish Ferries
Ulstein's profits fall ULSTEIN has reported a 2010 pre-tax profits of 367.9M kroner ($67.3M), down from 518M kroner in the previous year
Crank up the cranes MAERSK Line's Asia Pacific operations chief has told Fairplay that handling capabilities must be improved to stem efficiency erosion
Pirates quarrel over ransom SOMALIAN pirates have reportedly freed the Syrian-owned bulker MV Khaled Muhieddine and its 25 crew members after holding the ship for months
Box ship freed in Xiamen CMA CGM Libra, which had been aground just outside Xiamen since 18 May, has been refloated, Chinese media reported
Colombia LNG plan unveiled EXMAR, the Belgian gas carrier owner, plans with partner Pacific Rubiales to build an LNG export project in northern Colombia, an Oslo shipping analyst said today
FPSO consolidation seen THE FPSO market is likely to become much more consolidated over the next few years, according to Norway's BW Offshore
Ex-Im Bank Backs Wind Turbine Export The U.S. Export-Import Bank is guaranteeing $22.2 million in euro-denominated loans so a Vermont builder of wind energy turbines can...
Landstar Adds Owner-Operators, Capacity Landstar System is increasing its number of business capacity owners, the owner-operators who operate trucks for the $2.3 billion transportation...
EVA Air Pleads Guilty to Cargo Price-Fixing EVA Airways agreed to plead guilty to conspiring to fix international air cargo prices and to pay a $13.2 million...
Barge Operators Tighten Safety Measures The barge industry is taking new safety measures to deal with "unprecedented" flooding on the Mississippi River, working closely with the U.S....
Chinese Lumber Demand Sparks Shift at Vancouver The breakbulk vessel Cielo di San Francisco, preparing to embark on its maiden voyage from Vancouver, is marking a shift...
Russian Airline to Launch Feeder Cargo Fleet Russia's Volga-Dnepr Group plans to start a regional freight airline using converted 737 freighters to supplement the long-haul business of...
CSAV Upgrades China-Africa Service CSAV is upgrading its weekly New Discovery service between China, Malaysia and South Africa by extending its coverage to include...
Trailer Orders Fell 30 Percent in April Net orders for commercial truck trailers dropped 30 percent in April from March after climbing for 18 straight months, according...
Southeast Asia Cargo Bolsters Port of Montreal Container traffic at the Port of Montreal grew 4.5 percent in the first quarter year-over-year on strong demand from the...
Truck Maker Volvo Slashes Carbon Emissions Volvo said it cut its carbon footprint delivering goods and products around Europe by 22 percent between 2006 and 2010....
Direct Chassis Link Adds Kansas City Direct ChassisLink, Maersk Line's chassis rental business, is adding Kansas City as a start-stop location to its chassis program...
Wastepaper Giant ACN Was Top U.S. Exporter America Chung Nam, the sister company and supplier of wastepaper to China's largest containerboard manufacturer, was the largest American exporter of containerized goods...
Wal-Mart No. 1 in JOC Top Importer Rankings Wal-Mart remained the No. 1 importer of containerized ocean cargo in the latest annual ranking of The Journal of Commerce...
APL Begins Cold-Ironing in Oakland The APL Singapore flipped a switch on Friday at the Port of Oakland that made it the first ship there...
Contract Terms The recently ended contracting cycle in the eastbound trans-Pacific shipping market certainly will be remembered for how little if at...
Box Tops Anyone watching for U.S. economic growth can only hope the 16 percent increase in containerized shipments from America Chung Nam...
Stretching the Limits in Billing Q: I'm aware motor carriers have 18 months from time of shipment to begin a civil action (lawsuit) to recover...
Textile duty scam discovered in Laredo Officers at the Laredo, Texas, border crossing confiscated a shipment of textiles from China being re-exported to Mexico because it was significantly undervalued in an effort to avoid duties, U.S. Customs and Border Protection said Monday. The seiz...
China aims to join OECD's transport forum China Vice-Transport Minister Gao Hongfeng said it's his government's intention to join the International Transport Forum, an intergovernmental organization linked to the Organization for Economic Cooperation and Development that deals with transpo...
Coune leads OECD's International Transport Forum Carole Coune of Belgium has been named secretary general of the Organization for Economic Cooperation and Development's International Transport Forum. Coune replaces Jack Short of Ireland, who has led the forum and its precursor, the European Confe...
Siemens opens Okla. wind energy DC Power generation company Siemens said this week it will open a 64,000-square-foot distribution center at Woodward, Okla., for its expanding U.S. wind energy business. The facility, scheduled to open at the end of 2011, will handle main wind turbin...
U.S., Mexico ease telecommunications trade The United States and Mexico signed an agreement Thursday that eases burdens on U.S. companies, particularly small manufacturers, seeking to export telecommunications products to Mexico. Under the agreement, Mexican regulatory authorities will acc...
Direct ChassisLink to add Kansas City Container chassis rental company Direct ChassisLink said Thursday it will add a start/stop location in Kansas City, which will expand its Midwest chassis program. DCLI will offer chassis for use at the BNSF rail ramp to drayage companies at contain...
Grand China doubles transpacific capacity A month after entering the transpacific, Grand China Shipping is adding a second transpacific string to double capacity, serve more ports and offer faster transit times. Instead of a single string covering the entire China Coast, the company"s ori...
FDA puts inspections, court actions online The U.S. Food and Drug Administration on Thursday said it will disclose more information about inspections and court actions online. The agency now has a Web portal on its enforcement activities as part of the second phase of its Transparency Init...
Drewry: Box shortage less acute in '11 The shortage of shipping containers should not be as severe this year as it was in 2010, said Drewry Supply Chain Advisors. In its publication Drewry Logistics Executive Briefing, the London-based consultant said production of containers resumed las...
Bunker prices firm across the Americas Crude futures settled higher for the third day in a row.
Emissions monitoring system receives upgrade Enhancement is planned for release, subject to the finalisation of IMO Guidelines in 2011.
Maersk introduces carbon efficient container vessel 'We are approximately 10% more energy efficient than industry average, and by 2020 we aim to further reduce our emissions by 25%,' says Maersk Director.
ICS highlights shipping sector's role in reducing emissions 'This is a very open international industry and therefore it's essential that environmental legislation is internationally based through the IMO.'
Prices stable in the Middle East Tight avails reported in Cape Town.
Rotterdam and Hamburg markets firm Tight avails for prompt dates reported in Gibraltar.
Scrubber installed at laboratory to unravel PM questions Research project to study how fuels with various sulphur content affect particulate size and capture.
St. Petersburg player sets summer targets Baltic Fuel Company hopes to sell 350,000 mt of bunkers during Russia's summer shipping season.
Bunker levy gaining more traction Emissions trading would create difficult to administer 'monster.'
Asian bunker prices lack direction as week ends Demand slack at main Asian bunker ports on Friday.
Fuel saving system receives order after launch NAPA-DSME Power jointly developed by Onboard-Napa Ltd and Daewoo Shipbuilding & Marine Engineering.
NYK to focus on short-term charters amid fuel price concerns Will allow company to continually introduce new, more fuel efficient vessels.
South China fuel oil volumes down 3% Total volume estimated to be between 1.74 to 1.76 million mt in week ended May 25.
US-based offshore company plans two dual fuel PSVs Currently waiting for US Coast Guard to issue regulations for such vessels.
ABS releases guide for gas-fuelled ships 'A matter of when, not if, LNG will be a commonly-selected fuel source,' which calls for sound ship designs.
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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