Fagioli "lifts" ENI's refinery in Sannazzaro The Italian company Fagioli SpA has just successfully completed the transport, lifting, and positioning of 27 large structures for the new ENI Slurry Technology (EST) system at ENI...
Ruslan organises 15 AN-124 flights to Uganda Ruslan International has completed a programme of 15 flights using the giant AN-124 freighter aircraft, for the Japanese peace keeping contingent of the United Nations Mission in S...
A350 XWB aft fuselage delivered to final assembly line The European airframe manufacturer Airbus has delivered the aft fuselage for the A350 XWB static test airframe to the final assembly line in Toulouse (France). This final section o...
Stena Line invests further in Liverpool - Belfast service The ferry service provider Stena Line has confirmed its purchase of the "Stena Mersey" and "Stena Lagan", the two ro-pax vessels that it acquired when the compa...
Daimler Trucks notes more sales in Q1/2012 The German manufacturer Daimler Trucks increased its Q1/2012 unit sales by 21% to 107,700 vehicles. Revenue in the first quarter of the current year rose by 18% to EUR 7.4 billion...
Scandlines appoints new CFO The maritime transport service provider Scandlines has reported that Per Madsen is to join its management as new chief financial officer (CFO) on 1 August this year. Madsen comes f...
Swisslog set to find new manager for warehouse division Daniel Fink is leaving Swisslog at his own request during Q3/2012 in order to start his own business. The manager, a member of the group executive committee, heads the company's wa...
Globaltrans acquires 100% of Metalloinvesttrans The Russian railfreight operator Globaltrans has acquired LLC Metalloinvesttrans (MIT), the rail transport arm of the Moscow-headquartered iron ore giant Metalloinvest, a leading g...
Transport ministers favour demand-related road charging At the International Transport Forum in Leipzig (Germany) the transport ministers of the Alpine countries (Switzerland, Germany, Austria, Italy, France and Slovenia among others) a...
Raben Group pooling firms in Czechia Czechia's logistics market experienced the successful completion of the service providers Raben Logistics Czech, Transkam-Logistik and Raben Trans European Czech (formerly known as...
Sephora extends its partnership with Kuehne + Nagel Sephora, the leading retail beauty chain and member of the luxury products group LVMH, has extended its logistics partnership with the logistics service provider Kuehne + Nagel for...
BNSF and Maersk launch Asia-North America intermodal service The US rail service provider BNSF Railway and the Denmark-based shipping giant Maersk Line are launching a day-definite sea-rail service from Asia to the USA that will hit its deli...
BDP appoints more managers in the UK BDP International, a US-based logistics and transportation firm, has strengthened its presence in the UK market with two staff appointments. Anthony Akerman and David Marshall have...
Bergen's profit warning knocks shares BERGEN, the listed Norwegian shipbuilding group, issued a profit warning today, sending shares steeply down
Subscriber notice THERE will be no news bulletins on 7 May because of the holiday weekend in the UK and Singapore
Luka Rijeka triples profits CROATIA'S port operator Luka Rijeka said its net profits for 1Q 2012 more than tripled year on year
US judge confirms GenMar restructuring A NEW YORK bankruptcy judge has confirmed General Maritime's reorganisation, paving the way for emergence this month from Chapter 11 legal status
China shipping thrives with Iran sanctions CHINESE shipping groups were reported today to be greatly profiting from transporting Iranian crude with little competition because of sanctions
GE Shipping's profits jump 364% SHETHS-owned GE Shipping said today consolidated quarterly net profits rose 364% during January-March
EC: trash shipping guidelines THE EC today said shipping no longer needs the antitrust guidelines drawn up to prepare for scuttling the line conference system in the EU in October 2008
Salalah to double capacity OMAN SAID today it plans to invest 55M rials ($143M) in a scheme that would more than double Salalah's cargo capacity
Capesizes crawl toward holidays BROKERS said the Capesize bulker chartering is crawling toward Japan's Golden Week vacation and global Labour Day holidays
3Q profits for box carriers? HIGH SLOT utilisation on the Asia/Europe box lane could translate into profits during the usual third-quarter peak, CIMB Securities predicted today
Acquisitions, not dividends, seen for Diana DIANA Shipping, the Athens drybulk company listed in New York, is likely to attend to acquisitions before resuming dividends, a shipping analyst said today
Supramax rates keep falling SUPRAMAX rates in Asia are still falling, with Indonesia's nickel ore export ban starting on 6 May
Petrobras boosts MRs and LR1s BROKERS told Fairplay today that Petrobras's term contracts would boost demand for MR and LR1 product tankers
Beijing gives fleet numbers CHINA'S bulker fleet is continuing to grow rapidly, according to a report published today by the transport ministry
US seen stalling convention against piracy WASHINGTON is "turning a blind eye to the Somalis because they are looked upon as tactical allies against Al Qaeda", according to Clay Maitland, managing partner of International Registries Inc
Oman Awards Contract to Double Salalah Capacity The Omani Ministry of Transport and Communications has awarded a $143 million contract for the construction of a new general...
Freight Transport Employment Expanded in April The transportation and warehousing industries appear to have added jobs between March and April, while public transportation job losses shrank...
EU, US Pact to Cut Costs for Trusted Shippers The decision by the U.S. and the European Union to recognize each other's trusted shippers is expected to save those...
Profit Plummets for Asia Pacific Air Freight Carriers Declining cargo revenue and rising fuel prices devastated the profits of Asia's leading airlines last year, according to the Association...
US Shippers Overspent 13 Percent in 2011, Study Says U.S. shippers on average spent roughly 13 percent more on ground and air cargo transportation last year than they needed...
Rising Labor Costs, Land Prices Challenge China's Competitiveness The manufacturing numbers tell the story of why China's economy is undergoing a fundamental restructuring. Average wages increased more than...
Transloading Benefits Driving Growth After watching in recent years as the number of intact containers moving to and from the Port of Tacoma by...
Antitrust Fines Push Panalpina to Loss for Quarter Panalpina swung to a loss of $64.5 million in the first quarter ended March 30 from a profit of $38.2...
Macquarie Forecasts Upturn in China's Exports After a slack start to the year, China's containerized exports will begin to pick up this quarter, helping lift average...
On Freight Transportation: Rising Costs, Shifting Modes The strength of the economic recovery, at least in terms of U.S. domestic freight, was clear at last week's NASSTRAC...
Hapag-Lloyd Plans New India Rate Increases Hapag-Lloyd will impose a general rate increase on all cargo from the Indian subcontinent to Southeast and Northeast Asia. ...
Panalpina to appeal against EC fine Panalpina has decided to appeal against its recent fine of CHF59 (USD65) million for anti-trust behaviour from the European Commission. Ceo Monika Ribar remarked: ...
TCP takes control of new cranes Terminal de Conteineres de Paranagua (TCP), in Brazil has taken delivery of two new super-post-panamax ship-to-shore gantry cranes from Ireland-based Liebherr Container ...
CTS confirms ocean carriers' fears in Asia/Europe tradelane The latest statistics just published by Container Trades Statistics (CTS) covering the month of March confirm that trade from Asia to Europe remains lacklustre. ...
Maitland calls for 'joined-up' effort to combat pirates Never one to hold back, Clay Maitland, managing partner of International Registries, which administers the Marshall Islands flag, has attacked governments and international ...
Mixed picture for transatlantic Q1 Transatlantic volumes for the first quarter of this year jumped year-on-year from Europe to North America - but the story was different on the return leg as liftings ...
Rena salvage costs soaring
China Merchant's chief outlines plans for Sri Lanka China Merchants Holdings International (CMHI) is aiming to operate the 'best container terminal in the south Asian region'. This was the message given by its managing ...
ESC confirms new Secretary General Mrs Paola Lancellotti has been confirmed as the new Secretary General of the European Shippers' Council (ESC). She replaces Nicolette van der Jagt, who succeeded ...
TT Club: use your mouse to insure your cargo London-headquartered, transport insurers the TT Club has seen its cargo insurance division expand significantly since its inception two and a half years ago, according ...
Bunker prices lower across the Americas 'Prices have fallen hard in the last couple of days.'
Compensation funds prepare for oil spill fall-out Shipowner understood to be covered for claims up to $2.6 million, with the funds stating that this was unlikely to cover the cost of the incident.
Aegean stock upgraded Company's strengths can be seen in multiple areas, including 'its robust revenue growth, good cash flow from operations and increase in net income'.
New surveillance vessel uses half the fuel Tough on the bad guy, but kind to the ecology.
'Slow steaming is here to stay,' says consulting firm MD At $750 per metric tonne, the rising cost of ship bunker fuel means that fuel now accounts for 55% of the cost of a voyage from Asia to the US, says consultant.
Manufacturer stresses need for scrubber installations ahead of 2015 Company suggests that retrofitting of scrubbers should be carried out immediately.
Canada committed to shorepower Programme will boost the competitiveness of Canadian ports, says Minister of Transport.
Fujairah bunker prices weaken Suez sees IFO prices firm.
European markets soft as week ends Bunker prices see double-digit falls.
Chinese bunker supplier goes to the market for cash Chimbusco says money will be used to repay bank loans and replenish working capital
'Mechanical failure' blamed for bunker spill Between two and four metric tonnes of marine fuel leak into New Zealand's Timaru harbour.
Iran sanctions: Ship operators 'vetting' bunkers suppliers 'We're doing everything we can to avoid buying something we wouldn't want to buy,' says Maersk fuel oil trader.
Ships must use pilots in Singapore bunker anchorages 'Several near miss incidents and contacts have occurred,' says MPA.
Manila-based shipping firm profits down 78% in 2011 Higher freight revenues offset by rising operational costs including expenses for bunkers, says Lorenzo Shipping.
Bunker prices continue fall in key Asian ports Supplies of bunker fuels 'fine'.
Fuel oil trading firm may scale back Singapore operations Westport Petroleum's fuel oil traders in Singapore and Los Angeles have quit, reports say.
Lanka IOC appoints new Managing Director Subodh Dakwale has worked for more than 28 years in Indian Oil Corporation Ltd.
DHT posts higher Q1 profit Net cash fell due to increased working capital, mainly related to bunker costs.
Chinese tanker orders 'restricted' to specialised vessels Orders restricted to niche requirements such as bunker tankers, says a Clarksons report.
Additional fees on ships for cold ironing use 'unacceptable' Ships using shore based power supply should not be charged an amount exceeding the onboard production costs, says BIMCO.
Italian dry bulk shipping firm declared bankrupt Deiulemar Compagnia di Navigazione has total debt of $1.1 billion.
Maritime spill deepens opposition to oil tankers Concerns over 'a failure to respond appropriately' to oil spill in the Great Bear Rainforest.
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