Waberer's International reports good results for H1/2012 The Hungarian transport company Waberer's International reached its target set for H1/, according to the company's board at its meeting in Budapest. The company's ebitda neared EUR...
China's ICBC Leasing places order for 50 Airbus A320 family aircraft China-based ICBC Financial Leasing Co Ltd. has signed an agreement with the European airframe manufacturer Airbus for 30 A320ceos and 20 A320neos. The aircraft purchase agreement w...
Messina orders four more ro-ro containerships Ignazio Messina, the Italian shipping group based in Genoa, has ordered four new state-of-the art ro-ro containerships from the South Korean shipyard STX Offshore & Shipbuildin...
Trailer Wizards opens first two new locations in Saskatchewan/Canada The Canadian service provider Trailer Wizards Ltd is opening two new branches in Regina and Saskatoon (both in Saskatchewan). The new locations will help link Trailer Wizards' Prai...
Swiss retailer Spar deploys first full-hybrid HGV The Spar Group Switzerland, a St Gallen-based family company, has started to use a 26 t full-hybrid truck for transport purposes for the first time. The vehicle cuts fuel consumpti...
Europorte wins contract at Atlantic port of Bordeaux The port of Bordeaux authority has selected Eurotunnel's rail freight subsidiary, Europorte (Socorail), to manage the operations and maintenance of its railway infrastructure for a...
Ansaldo wins EUR 40 million contract in South Korea Ansaldo, a Finmeccanica company within the consortium led by LSIS, has been selected by Korea Rail Network Authority (KRNA) as the supplier of the train control system for the Hona...
Kuehne + Nagel celebrates 20 years of service in Russia The Switzerland-based logistics service provider Kuehne + Nagel established a national subsidiary in Moscow in 1992. The company recently celebrated this event with numerous client...
5th runway for 6th busiest airport in the world Charlotte Douglas international airport in North Carolina (USA) recently announced that it will build a new nearly 4,000 m runway. The USD 160 million project will be the airport's...
Air Arabia adds second daily flight to Delhi Last Saturday (1 September), the Sharjah (UAE)-based branch of Air Arabia launched a second daily service to Delhi (India). The extra flight provides a morning departure option fro...
Cathay Pacific appoints new head of communication Hong Kong-based Cathay Pacific Airways has appointed Cecilia Leung as general manager corporate communication with effect from 1 September. She will be responsible for the global c...
New marketing structure at the seaport of Kiel The seaport of Kiel (Germany) introduced a new marketing structure on 1 September. Knud Sörensen was chosen as the new head of the marketing department and the cruise ship departme...
Naming the power players Lloyd's List needs you to nominate the most influential people in shipping
Premiums rise for VLGC spot-market voyages west of Suez Delays in Brazil ports tighten market and boost freight rates
Unifeeder targets UK coastal traffic with Feederlink acquisition Expanded network positions firm to compete against UK road and rail
Cash-rich owners set to take pick of older bargains Lack of bank interest in mid-life vessels may drive down prices further
SMM 2012: Shipyards yet to convince owners over green designs Shipbuilders use environmental demands as a new marketing tool, but owners remain sceptical over their ability to live up to claims
SMM 2012: Ban CO2 firefighting systems, urges Norwegian lobby Technology does not meet ISM and crew safety needs, Skagerrak Foundation claims
Supramax resale fetches just $22m Deals point to softening sale and purchase market
Petredec buys VLGC amid forecasts of robust market for the near future Company's expansion plans stay on course
Banks must drive German shipping to consolidate, say SFF delegates SMM 2012: Sector ripe for takeovers with 400 firms operating an average of nine ships
Pakistan breakers pay the week's highest prices Most demolition business goes to Bangladesh, but Gadani digs deep for large tankers
G6 alliance culls Asia-Europe capacity by 15% Group suspends loop as peak season fails to materialise and lines prepare for slowdown
ITF steps up Baltic inspections Week of action runs until Friday
Navies urge continued Somalia vigilance Shipping must keep up its guard despite drop in pirate attacks
Market awaits sale price for 13-year-old VLCC pair Deal will clarify buyers' appetite for ageing tankers
CSAV reduces its second-quarter losses Chilean line says it is on course to recovery after freight rates rally
Amsterdam seeks new role for ACT Port chief 'disappointed' by owner's decision to close containers facility
US box imports surge 9.7% on year Automotive and furniture sectors show strong growth
Greek ferry lines strive to curb losses Sector is losing money, but two out of three major listed operators reduce first half deficit
Ceva Logistics wins five-year deal with Heinz food giant 'Unprecedented' long-term ocean freight contract means handling 60,000 teu per year
Congestion from a US ports strike would hit boxship operators hard Shippers may divert cargo ahead of vote to avoid disruption, says Macquarie Research
Holding the line The G6 move to reduce capacity indicates accelerating weakness on the Asia-Europe trades
MSC Flaminia towed out of UK waters France, Belgium and the Netherlands approve passage for fire-damaged boxship
Killing over unpaid ransom signals new Somali pirate business model Death of Syrian hostage after two-year stalemate ups the stakes for all sides
UK P&I Club restructures to prepare for Solvency II The club will no longer write direct business via Bermuda
SMM 2012: Secure Money Making Environmental awareness is an increasing necessity, but can shipowners have a commercial interest in saving the planet when they are too busy trying to save their businesses?
HSH Nordbank's silence adds to Omega drama Court hearing postponed to September 10
Owner of sunken Thermopylae Sierra blames Sri Lankan government Greece's Scarlet Shipping says authorities are 'totally and ultimately responsible' for sinking
Omega Navigation Chapter 11 reorganisation plan faces opposition Short-changed creditors and lenders attack 'unfair and illegal' proposals
Babson Capital sets sights on further shipping investments But cash will be available only to 'good prospects' sourced through private equity partners
Venezuela refinery restarts PDVSA said the refinery complex in Paraguaná, Venezuela, has returned to processing 170,000 barrels of crude per day, IHS World Markets Energy reported today
Ship glut cools breaking prices BROKERS and cash buyers are cautioning that recycling prices might cool as more big ships head for breaking beaches
G6 suspends Far East/Europe loop HAPAG-Lloyd said today the G6 box shipping alliance is suspending its Loop 3 Far East/Europe as of early next month
Flaminia transiting Channel SCORCHED box ship MSC Flaminia was transiting the Channel today after being cleared last week for its journey to Germany
Worries renewed on Russia's grain exports KREMLIN grain harvest forecasts for summer have fallen below the estimate for Russia's yearly domestic grain consumption: 70M tonnes
Ponant sale completed CMA CGM said today it has completed its sale of cruise ship subsidiary Compagnie du Ponant to private equity investor Bridgepoint
Swiber gets rest of Atlantis OFFSHORE company Swiber Holdings said it has moved to acquire full ownership of investment holding company Atlantis Navigation
Evergreen, Yang Ming profit TAIWANESE box carriers Evergreen Marine and Yang Ming saw their first quarterly profits in a year, as improved long-haul freight rates boosted earnings
Liners get stonewalled on rates LINERS appear to be getting stonewalled in their attempts to raise long-haul rates this month, given a continuing drop in rates
DOF raises 700M kroner DOF SAID today it has raised 700M kroner ($120M) by placing seven-year bonds on Norway's bourse
Builders complete merger JAPANESE builders IHI Marine and Universal Shipbuilding have completed their merger, with the new Japan Marine United to operate as of 1 October
Investors target secondhand VLGCs DECENT freight rates for VLGCs are translating into good prices for secondhand tonnage, brokers said today
CSAV Slashes Second Quarter Loss CSAV's second quarter operating loss narrowed sharply year-over-year to $61.7 million from $381.4 million as the Chilean ocean carrier reaped...
G6 Alliance Pulls One Asia-Europe Service The G6 Alliance of European and Asian container carriers said it is temporarily suspending one of its Asia-Europe services because...
Abu Dhabi's Khalifa Port Open for Business Abu Dhabi's Khalifa port began commercial operations Sept. 1 with the arrival of the container vessel MSC Bari, port operator...
Commentary: Hours-of-Service, Years of Debate Q: I've been following, or at least tried to follow, the arguments about the Federal Motor Carrier Safety Administration's hours-of-service...
Economic Pains Bring Slower Gains for Motor Carriers Trucking kept pace and occasionally moved ahead of a slowing economy in the second quarter, with the largest publicly owned...
Developers, Rails Looking Inland for New Ports The next generation of inland ports will likely reflect a post-recession flavor. With import volume crawling toward pre-recession highs, the...
Commentary: Presidential Reality Checks The dog days of summer provided no respite from the pre-convention point-counterpoint between the Obama and Romney camps. PolitiFact has...
NY State Agency Sees Lack of Diversity on the Docks A New York state agency's discrimination complaint against the International Longshoremen's Association and the New York Shipping Association adds a...
TWIC Card Readers Not Yet Specified Ports and marine terminal operators that have been waiting anxiously for the Coast Guard to release its notice of proposed...
Mexico's Ports Focus on Home Delivery Mexico's ports are sometimes viewed as potential low-cost gateways for Asian cargo moving to the U.S., but Manzanillo, Lazaro Cardenas,...
Trucking Thrives on the Border Shippers looking for trucks in northern Mexico desperately want something in short supply across North America: la capacidad. Truckload capacity...
For Mexican Rails, Growth is Stacked When it comes to Mexican rail growth, you haven't seen anything yet. Mexican railroads' share of surface freight moves...
Mexico Making a Name for Itself in Manufacturing The Mexican economy can be baffling to Americans. News headlines of horrifying gang violence tend to overshadow the booming manufacturing...
Polzug branches out in Poland Polzug has started offering three return trips a week between Gdynia, Gdansk and Poznan in Poland. Poznan is the railway company's hub terminal in central Poland, ...
Asciano orders Cargotec AutoStrads Asciano, which owns Patrick Stevedores, has announced that it has ordered 44 automated straddle carriers (AutoStrads) from Finland-based Cargotec with deliveries ...
IAS launches chassis software solution for US Following the exit of several ocean carriers from providing chassis in the US, International Asset Systems (IAS) has launched ChassisManager in order to ...
G6 joins exodus from Asia-Europe tradelane The G6 Alliance has joined the CKYH alliance in announcing a service withdrawal programme between Asia and northern Europe. In early October, the G6 will suspend ...
Strike threat after ILA contract talks reach impasse Negotiations between the United States Maritime Alliance (USMX) and the International Longshoremen Association (ILA) have taken a turn for the worse after the latter ...
Its all in the LNG price That is what 12 months of research and analysis by Lloyd's Register (LR) has concluded when it comes to the use as LNG as an alternative fuel to bunker fuel for ...
Hamburg container traffic static in Q2 12 Hamburg's container traffic was stable in Q2 12 with 2.2 million TEU handled, practically the same as in the opening quarter of the year and also the same as in ...
Lagos-Ibadan rail link to be built Rail transport for both freight and passenger transfers is to be given a huge boost in Nigeria following the Government's signing of a USD1.4 billion contract with ...
Havyard bags wellboats Havyard has clinched an order for a new wellboat from a compatriot owner.
Sincere slides Taiwan's Sincere Navigation has posted a weaker first half profit as revenue slipped.
CSAV curbs loss Compania Sud Americana de Vapores (CSAV) has turned in a dramatically improved set of second quarter numbers.
Feline feeling fine A stowaway cat has survived three weeks in a shipping container during a voyage across the Pacific.
Party poopers A huge surplus of 350 vessels means the capesize market will be unable to repeat its 2009 spike, Barclays Capital believes.
Austal eyes charter An AUD 100m ($102.52m) ferry built on spec by Australia's Austal could be chartered out in Europe if no buyer emerges.
Nam Cheong on a roll Nam Cheong has continued its recent winning streak by scooping a deal worth close to $60m.
Navies fire piracy warning Anti-piracy forces have pleaded with shipowners not to become complacent following a drop in activity off Somalia.
WAM's bulker coup India's West Asia Maritime (WAM) has scooped a five-year bulker charter worth $47.5m.
Dragnis defends divi axe John Dragnis has defended Goldenport Holdings' decision to ice dividend payments.
G6 cans Asia-Europe route The G6 alliance has confirmed plans to temporarily shelve one of its Asia to Europe routes following a slump in business.
Costa Allegra scrapped Costa Cruises' Costa Allegra is heading to breakers in Turkey after being hit by fire in February.
More woe for Anek Greek ferry owner Anek Lines has posted a bigger net loss in the first half as the country's economic crisis continued to hit its operations.
Capes sent for the chop A capesize caught up in a crash off South Africa last year has headed a run of large bulkers to the scrap heap in Bangladesh.
ADM eyes P+S UAE shipbuilder Abu Dhabi Mar (ADM) could buy insolvent German group P+S Werften's shipyards.
Costs curtail U-Ming Taiwanese bulker owner U-Ming has posted a lower profit in the first half as operating expenses rose.
Cash in bag for Dof Helge Mogster's Dof is $120m to the good after a trip to the bond market.
Crew member lost A seafarer has reportedly gone overboard from a Costa cruiseship off Turkey.
Hostage murdered Somali pirates have killed a Syrian crewman on the hijacked Orna in a protest over a delayed ransom payment.
Hoegh clinches Chile job Hoegh LNG looks to have emerged victorious in its bid to win a floating LNG import terminal (FSRU) project in Chile.
Kreuz eyes newbuilding Singapore's Kreuz Holdings says it is looking to acquire a multipurpose subsea dive support and construction vessel.
Ultrabulk back in profit Ultrabulk Shipping has returned to profit in the first half of 2012 following a major reduction in operating costs.
McDermott back at Vigo McDermott International has returned to Spain for a second high capacity reeled pipelay vessel newbuilding.
Price key to LNG as fuel Global acceptance of LNG as an alternative marine fuel will come down to price, a new Lloyd's Register study contends.
LOOP has reopened The Louisiana Offshore Oil Port (LOOP) in the Gulf of Mexico resumed operations over the weekend.
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