Le Havre welcomes large WWL ship The "Parsifal", one of the largest ro-ro ships in Wallenius Wilhemsen Logistics' fleet, recently called at the ro-ro terminal in the port of Le Havre (France). The ...
New joint venture for hauling rail freight in transit between China and Europe A new joint venture named YuXinOu (Chongqing) Logistics Co Ltd has been established to transport railfreight in transit between China and Europe. YuXinOu Logistics Co Ltd, which is...
The 2012 call for Marco Polo project proposals is open The EU has announced that the 2012 call for Marco Polo project proposals is now open. The available budget for the 2012 call is EUR 64.6 million. Special environmentally-friendly ...
UK Pall-Ex plans to expands to France Pall-Ex freight distribution network has announced plans to launch a network in France by the end of 2012. The company already has a French partner in place and will operate ...
ICAO and industry develop new tools to counter future volcanic ash events The International Volcanic Ash Task Force (IVATF), a special multidisciplinary group established by the International Civil Aviation Organization (ICAO) in response to the Eyjafjal...
Kenya Airways and Afreximbank sign fleet financing agreement Kenya Airways Ltd announced that its board of directors has approved the award of the mandate to arrange financing for the purchase of nine new Boeing B787-800s, one Boeing B777-30...
APM Terminals opening new regional headquarters in Singapore APM Terminals is to expand its presence in the Asia-Pacific market by opening a new regional headquarters office in Singapore, thereby allowing the Shanghai office to concentrate o...
New chairman for port of Quebec Serge Lebel, the interim chairman of the Quebec port authority (APQ), has announced the board of directors' decision to appoint éric Dupont as the new port chairman and Claude Rous...
Monika Ribar elected to Swiss International Air Lines' board of directors Panalpina's CEO Monika Ribar was elected to the board of directors of Swiss International Air Lines at the company's annual general meeting on 28 June. She succeeds Walter Bosch. T...
70% lower CO2 emissions now also for medium and long distance transport The German trailer manufacturer Kögel has developed a trailer model called CNG that raises the range of gas-powered trucks from the current 300 - 500 km to more than 1,000 km, and ...
AsstrA improving intermodal links between EU, CIS and Asia The Polish company Sped Kampania, an experienced rail transportation forwarder, joined AsstrA in Warsaw recently, a month after merging with the Swiss logistics provider AsstrA. Ac...
Yangzijiang gets $150m loan from CDB Credit is backed by shares owned by chairman Ren Yuanlin
Rongsheng under pressure to complete buyout of Quanchai Group Institutional investors urge China's largest private yard to act as regulatory deadline looms
Berlian Laju Tanker gets a three-month reprieve from creditors Embattled tanker owner vows to fight on with restructuring process amid mounting pressure
Is a side letter legally enforceable? Court of Appeal gives guidance on a useful commercial tool
Brightoil reveals China oil-trading ambitions Outsized plans rest on a well-honed strategy that spreads its risk at home and abroad
Dry bulk FFA volumes fall to weakest reported levels Total lots traded has fallen since the financial crisis first hit
Panamax bulker half year spot rates average four-digit figure for first time since crisis hit Newbuilding deliveries, eurozone uncertainty and China's slowing economy combine with summer season to create dire earnings
Raising capital allows K Line to hold its ground, but at a risk Shipping group hopes for better times ahead as fuel prices fall
NYK pins its hopes on logistics Japan giant to expand warehousing and freight-forwarding businesses
Got it taped? Latest twist in Costa Concordia probe highlights why black boxes matter
Opportunistic suezmaxes nab Mediterranean aframax cargoes Baltic Sea spot rates to fall as Primorsk closes for maintenance
Costa Cruises denies black box glitch that could hinder Concordia probe Reports claim voyage data recorder was out of service when ship ran aground
Garden thoughts of a snail Arriving at a definition of market distorting behaviour takes time
Offshore market and retrofit lift German component makers New orders expected to pick up in 2012
Stena Weco forms joint venture for shipping plantation owner's palm oil Fleet to be set up of 10 to 15 ships in the 5,000 dwt-25,000 dwt range
Glimmers of hope for container lines as rates hikes stick Shippers must brace themselves to pay more for transport in 2013, says Drewry
Thoresen Shipping buys supramax to back expansion Dry bulk operator bucks the trend adding tonnage in a down cycle
Sanko Steamship files for court protection in US Matsui steps down as Japanese shipowner turns to Chapter 15 to protect its assets
Iran renews threat to shut the Strait of Hormuz MPs back draft bill to block Arab oil shipments to pro-sanctions states
Evergreen backs down gracefully Plans for 13,800 teu ships are now on track, after weeks of back-room jostling
Arsenault donates $1m to Investing in Somalia Piracy cost $7bn worldwide last year and shipping bore the brunt of the costs
Flinders Ports buys up full ownership of Adelaide Container Terminal DP World South Australia sells its 60% stake for an undisclosed sum
Seanergy free float triggers Nasdaq notice Dry bulk owner has 180 days to comply with minimum $5m rule
Evergreen seals 10-boxship deal with Enesel EXCLUSIVE DATA: 10 things you need to know about ultra-large boxships
Maersk Line and APL land big wins for US military contracts Worldwide shipments to be completed by August 2013
Hapag-Lloyd seeking new rate rise IMPORTERS could be facing further box rate increases in the Asia/Europe westbound trade next month, as Hapag-Lloyd said it would seek more rises
Breakers set mark, despite weak prices DESPITE still-soft scrap prices, a record 29 ships have been sent to breakers, brokers told Fairplay today
Croatia plans own LNG terminal on Krk CROATIA will open its own LNG terminal in the northern Adriatic by 2016, according to reports published today
Marine supplier sales climb GERMANY's shipbuilding and offshore technology suppliers today hailed a recovery in sales, following the 2009-10 downturn
Thoresen boosts fleet THORESEN Shipping Singapore said today it has bought a secondhand Supramax bulker as part of a push to increase its fleet
VLCC rates set new '12 low VLCC RATES have fallen to a new 2012 low, as vessel supply continues to outstrip demand
Heavy rain erodes coal demand in China CHINA received unusual downpours in June, which eroded the usual peak demand for thermal coal, according to Commodore Research
Greek owner behind Evergreen ULCSs GREEK shipowner Enesel, part of the NS Lemos group of companies, is confirmed to have contracted 10 ultra-large container ships for long-term charter to Evergreen Line of Taiwan
Formosa Plastics charters out VLCCs TAIWAN'S petrochemicals giant Formosa Plastics Marine is lowering its costs by chartering out some VLCCs, Fairplay was told today
DPW hands over Adelaide box holding DUBAI Ports World said today it has handed over its 60% holding in Adelaide's box terminal to Flinders Port after the Australian group exercised its right to buy the stake
SAUDI ARAMCO's LPG price hits low SAUDI ARAMCO's LPG contract price for July has hit a two-year low, amid waning summer demand
FMCSA Shuts Down Tennessee Trucking Outfit Although a new study raises doubts about the reliability of CSA scores, those scores increasingly help federal regulators shut down...
Report Claims Gap Between CSA Scores, Crash Risk A second Wells Fargo analysis of the CSA program deepens doubts about the link between CSA BASIC scores and a trucker's...
Top 20 Ocean Carriers Boost Fleets by 844,000 TEUs The world's top 20 ocean carriers boosted their container ship fleets by 844,000 20-foot equivalent units in the past 12...
Trans-Pacific Partnership Talks Begin American exporters could get improved access to Asia-Pacific markets if U.S. negotiations with eight Pacific Rim countries that kicked off...
Matson Stock Up 5 Percent on First Day of Trading Matson Inc. stock rose 5 percent Monday in the company's first day of trading after its separation from longtime parent...
Airbus Confirms US Plant in Mobile Airbus will start assembling narrow-body A320 aircraft at its first U.S. plant in Mobile, Ala., in 2016, the European aerospace...
Container Lines Could Turn Profit This Year, Drewry Says Container lines could reduce their overall losses for the year as a whole to $1.3 billion or even turn a...
Evergreen to Charter 10 13,800-TEU Vessels Taiwanese carrier Evergreen has finally embraced mega container ships, agreeing to charter 10 13,800 20-foot equivalent unit vessels ordered today...
Hapag-Lloyd Sets Rate Hikes on Asia-Europe Trade Hapag-Lloyd plans to implement a peak-season surcharge and a general rate increase on Asia-Europe trade, as part of a new...
Maersk Ltd. Gains Up to $2.1 Billion US Defense Contract Maersk Line Ltd. was awarded an up to $2.1 billion contract from the U.S. Department of Defense to ship cargo...
UP CEO Expects Record 2012 Profit Union Pacific Railroad CEO and President Jack Koraleski said the railroad is on track for annual year-over-year volume growth and...
Long Beach 'lusts over' Latin America The Port of Long Beach is determined to tap into the growth potential afforded by Latin America and has opened a trade representative office in Panama. It is headed-up ...
CSAV: average rate recovers According to its container business rate index, troubled Chilean ocean carrier, CSAV, saw its average rate per TEU climb to USD1,855 in May - more than ...
Hapag-Lloyd rejoins freight rate merry-go-round Hapag-Lloyd has joined the growing list of ocean carriers seeking a peak season surcharge from Asia (excluding Japan) to Northern Europe. It intends to charge USD350/TEU ...
CMA CGM sells more assets CMA CGM and its parent company Merit Holding have announced the sale of their small cruise liner business La Compagnie du Ponant to Bridgepoint for an undisclosed ...
Evergreen finally strikes deal for 13,800TEU ships Taiwan carrier Evergreen has for the first time entered the mega vessel league after concluding an agreement with Greek shipowner Enesel S. A. to charter ...
London Gateway's first customer known London Gateway's first ocean carrier customer is known but cannot yet be identified. Speaking at a press gathering on site yesterday, ceo Simon Moore said that ...
Cargotec buys Asciano's automation arm Finland-based Cargotec, which is a leading manufacturer of container handling equipment and supplier of terminal management solutions, has strengthened its position ...
Ocean carrier shortlists announced for CI-Awards 2012 The past year has been another one that has challenged ocean carriers resolve to the extreme and while financial losses have again mounted, a number of operators ...
Washington Notebook: News and notes from CBP ports of entry
Saia buys brokerage, 3PL business Saia Inc., a less-than-truckload (LTL) carrier, has acquired Robart Transportation Inc. and its subsidiary RL Services Group. The Robart Cos., based in Duluth, Ga., provides truckload brokerage and logistics services.
Long Beach passes cargo incentive programs The Southern California port on Monday announced two incentive programs aimed at inducing big ships and discretionary intermodal cargo to call at its marine terminals. If formerly approved, the programs will take effect Aug. 1.
CA Technologies launches ecoGovernance 3.0
Trailer telematics starts fleet optimization jump
White House completes annual GSP review
Ecuador preferential trade status questioned
Drewry: Carriers inch back to break even
Epec completes supply chain agreement, investment
FedEx completes Tatex acquisition
July 4th a blast for cargo thieves "Shippers, manufacturers and transportation companies must remain aware of the increased security risks during the upcoming holiday weekend," said Dan Burges of FreightWatch International.
Kuehne suggests Hamburg-Süd/Hapag-Lloyd merge
Cowan leads finance at Moore Stephens
R2 Logistics heads to Texas
Evergreen cements big-ship order Evergreen has finalized a long-mooted order for 10 13,800-TEU ships. The vessels will be built by Hyundai Heavy Industries and delivered from the second half of 2013 through the second half of 2014.
Middle East hub follows firming trend Suez prices move against regional trends.
Strong gains in European bunker markets NYMEX trading higher in early trading.
Gazprom Neft acquires Eastern European bunker player Gazprom's bunker arm moves closer to growth goal.
Sanko makes new bankruptcy filing in US court 'I would be very surprised if there are not more corporate failures amongst shipping companies,' warns lawyer.
Multipurpose cargo vessel running on biofuel Finnish shipping company claims 'world first' in moves towards sustainable shipping.
IFO prices largely up at Asian ports Supplies of marine fuel fine at key Asian ports on Tuesday.
Iran increases tension on the Strait of Hormuz Legislation threatens disruption to shipping lanes in counter move to oil embargo
Singapore industry veteran starts own venture Simon Neo Tiau Gee establishes bunker broking and trading firm.
Titan Petrochemicals chairman heads for door Zhao Xu Guang takes on top job at Titan Oil.
South China fuel oil imports fall 68% on month in June Region imported a total of 160,000 mt of fuel oil for the bonded bunker market in June.
California ARB issues OGV fuel regulation guidance Reminds operators to comply with the North American ECA requirements.
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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