Gatwick airport between arrival of Korean Air and Air China service Yesterday (29 April), Korean Air - the national carrier of South Korea - launched three weekly flights from London Gatwick to Seoul, operated with Boeing B777 aircraft. These will ...
KLM cancels service resumption to Libya After several service postponements (cf. ITJ Daily of 29 March 2012), the Dutch airline KLM has shelved its plan to resume its Amsterdam-Tripoli service.
Air India continues to serve LHR with B777-300ER Air India has decided to prolong its larger Boeing B777-300ER service (belly capacity 44 ULDs) on the Mumbai-London Heathrow route until 15 June 2012. The carrier had originally in...
Norfolk Southern: railway operation revenues increase by 6% The US rail service provider Norfolk Southern Corporation reported a Q1/2012 net income of USD 410 million, 26% higher than for the first quarter of 2011. Railway operating revenue...
Key infrastructure project to boost productivity around Sidney and Port Botany A new freight terminal in Moorebank, to the southwest of Sydney, will take 3,300 trucks off the city's roads every day and create thousands of jobs for the region. The Australian g...
MAN plans to reduce its CO2 emissions by 25% The German truck producer Man intends to reduce its own CO2 emissions at its sites by 25% worldwide by 2020. This mandatory target is set out in the company's new climate strategy....
Streck Transport phases in new Euro 6 swap body towing vehicle Streck Transport Schweiz, a forwarding company headquartered in Möhlin, near Basel (Switzerland), has put the first Euro 6 swap body towing vehicle into service. The tractor will b...
GAC International Moving goes to Sri Lanka GAC International Moving has opened its second base in the Indian Subcontinent, in the Sri Lankan capital Colombo. This latest expansion comes hot on the heels of the inauguration ...
APM Terminals Gothenburg welcomes G6 call The recently established G6 Alliance (APL, HMM, MOL, NYK, OOCL, Hapag-Lloyd) has added a direct call at Gothenburg (Sweden) to its weekly Far East/Europe port rotation. The "A...
UPS boosts Q1/2012 turnover The US-based parcel service provider UPS reported that its Q1/2012 turnover grew to USD 13.14 billion, a 4.4% increase compared to the USD 12.58 in the same period a year earlier....
Three new locations in Central and Eastern Europe for Rhenus Midi Data Rhenus Midi Data, the high-tech specialist in the Germany-based Rhenus Group, has expanded in Hungary, Poland and Romania. The company opened three new branches in Budapest, Wrocla...
Militzer & Münch opens new logistics terminal in Morocco The global transport logistics company, Militzer & Münch, opened a new logistics terminal in the airport in Casablanca (Morocco) in mid-April. With the new terminal, Militzer &...
Slow steaming to keep VLCC rates firm in second quarter Pareto Securities forecasts average daily earnings of $20,000
All eyes on Asian port development UKTI launches a handy guide to regional port development opportunities
Navigating the credit minefield Securing payment poses a growing challenge to bunker suppliers
VLCC demolition to pick up later this year Limited removals in first quarter push fleet growth over 2%
Fighting piracy on land is now inevitable, says law firm HFW report backs navies and criticises government inaction
ABP reports 3% full-year revenue growth UK port group reports cargo downturn
ABP welcomes go-ahead for Southampton box berth expansion Marine Management Organisation approves licences for works and associated dredging at berths 201 and 202
Clock is ticking for Costa Concordia damages claims Athens Convention requires passengers to claim within two years of the casualty
What's in a name? Vale's fleet of giant VLOCs have changed names but will it charm China into accepting the vessels?
Zim reactivates two 10,000 teu boxships Ships idle since December return to service
Asia-Europe box volumes forecast to shrink in 2012 Downturn could threaten rate recovery efforts
Heat ebbs from panamax bulker market Fixtures slow after busy fortnight
Indian Supreme Court slams Italy's out of court settlement Enrica Lexie may finally be released
UK ports' state aid revealed As industry's debate over 'level playing field' grows, government transport spokesman presents five years' figures
High Court rules that owners can reject early redelivery Decision has wider implications for contract law
Philippines acts on seafarer standards Maritime authority given improved powers to oversee training
Vancouver pipeline row targets insurance Mayor wants backers to cover city for oil spills
Global box numbers rise 18% Report shows 7m teu added to world fleet in 2008-2011
Manila cleans up training A beefed-up Marina will hopefully be the first step on the road to eradicating abuses of seafarer certification
OSG logs another loss-making quarter Second half of 2011 "was bottom of tanker cycle", says Morten Arntzen
Reefers hit barrier A major clear-out of conventional reeferships is now under way paving the way for a more modern fleet
Torm restructuring inches forward Danish owner expects renewal of debt payment holiday, again
Eagle Bulk secures one-month extension on bank agreements Annual meeting notice reveals details of executive compensation
Baltic Trading maintains dividend record in loss-making quarter Low debt a highlight, says Wobensmith
Weak dry bulk rates ravage Genco's quarterly results Company renews contracts for short periods
Strike shuts Aden box port A STRIKE has reportedly paralysed Yemen's Aden box port, operated by Dubai Ports World, for more than a week
Smugglers foiled in Dubai CUSTOMS officers in Dubai have reportedly seized 91M contraband drugs valued at 1Bn dirhams ($270M) that were smuggled in shipping containers
Stragglers miss US deadline NASDAQ-listed NewLead and FreeSeas have failed to file their annual reports on time, with NewLead warning that its fate is in substantial doubt
Genco piggybank near empty GENCO Shipping & Trading might run out of cash next year despite a recent share issue, a shipping analyst has warned
In reversal, India approves ore deal with Japan DELHI has approved a deal to export 2M tonnes of iron ore per year to Japan for next three years
TORM expects new deferral TORM said today it expects a temporary deferral of installments and covenant standstill to be renewed shortly
Star Reefers sinks to losses in 1Q12 STAR Reefer's profits were reversed to small losses in 1Q12, mostly because revenues declined in the absence of high season and an impairment
India lifts ban on new cotton exports INDIA has formally lifted its ban on new cotton exports
SAS shortlists chosen SHORTLISTS for the Safety at Sea annual awards have been chosen by an independent panel of experts
Product tankers facing an extended squeeze THE TASK of breaking even will remain a challenge for product tanker owners for the rest of the year, shipping analysts are warning
Eagle D-Day delayed NASDAQ-listed Eagle Bulk, which is in restructuring talks with lenders, has confirmed that its covenant waiver deadline has been pushed back by a month
EOBR Mandate in Transport Bill Divides Trucking Industry The American Trucking Associations is urging Congress to require drivers to use electronic onboard recorders, while independent owner-operators argue the...
Fitch Affirms VPA's 'A' Rating Fitch Ratings affirmed its long-term "A" rating of the Virginia Port Authority's outstanding port facilities revenue and refunding bonds. It...
Expanding Export Orders Elevate China's PMI China's official Purchasing Managers' Index expanded for a fifth month in April, aided by expanding export orders. The China...
Genesee & Wyoming Reports Flat Profit on Revenue Rise Genesee & Wyoming's profit was nearly flat at $22.2 million in the first quarter, as an expiration of a tax...
ISM Factory Index Expands for 33rd Straight Month U.S. manufacturing grew at a faster pace in April and registered its 33rd consecutive month of expansion, according to the...
Evergreen, Crowley Enter Slot-Charter Accord Evergreen Line and Crowley Latin America Services have filed a slot-charter agreement that will allow Evergreen to provide weekly northbound...
Allianz to Waive Deductibles on Some Truck Cargo Theft Allianz Global Corporate & Specialty said it will waive the insurance deductible on theft of truck cargo in transit if...
NAFTA Trade Up 17.4 Percent in February The value of surface-transportation trade between the U.S. and Canada and Mexico rose 17.4 percent year-over-year to $78.1 billion in...
JSC Transcontainer's International Traffic Jumps 17.8 Percent Russia's leading intermodal operator saw international transit traffic handled increase by 17.8 percent last year as Asia-Europe overland transport options...
Idle Container Ship Capacity Falls by a Third Container lines have started reactivating their idle container fleets for the summer peak shipping season, which has resulted in a...
Charter Rates Climb as Ships Return to Service The rebound in earnings on container trades has prompted operators to start reactivating larger tonnage, according to the latest report...
Modal Shift, 3PLs Transform LTL Trucking Less-than-truckload motor carriers that survived the recession are struggling with challenges, including modal shift and rising costs, that are transforming...
Aqaba seeks Iraqi gateway role Jordan's leading port of Aqaba is keen to enhance its role as a maritime gateway for Iraq and various stakeholders in the port, including the Aqaba Container Terminal ...
Star Reefer loses money in Q1 12 Star Reefers, one of the world's largest providers of specialist shipping services for the perishable products cargo sector has blamed poor harvests and competition ...
Dunkirk's box traffic down in first quarter of 2012 Dunkirk's remarkable container traffic growth of 36% last year, up to 274,000TEU came to an end in Q1 12, when the French gateway's traffic declined by 4%, down ...
Stable Q1 12 for China's ports as volumes rise China's leading container ports mainly saw increases in their overall container throughout in the opening quarter of 2012, albeit ...
CMA CGM and Maersk raise India-West Africa rates The push by ocean carriers to ensure freight rates are providing remunerative returns continues, with Marseille-based CMA CGM and Copenhagen-headquartered Maersk ...
South Africa's trade deficit sharply up in Q1 12 Despite a sharply reduced balance of payments deficit in March compared with February, South Africa's weak export performance meant that Q1 12's trading performance ...
Foodcareplus and Nova Fresh Logistics link up In a bid to take out some of the complexity from the seafood supply chain and improve transit times and overall service reliability, the Belgium-based companies ...
B&M to support Liverpool more One of the UK's largest retailers B&M Retail has agreed to import 12,000TEU through the port of Liverpool this year, four times more than last year. Until ...
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