World's fourth longest bridge gets traffic control technology Siemens will be the general contractor and is equipping the almost three-kilometer freeway bridge at the eastern end of the Sea of Marmara in Turkey with state-of-the-art traffic c...
Truckparking Rotterdam opened Truckparking at the port facility of Rotterdam has opened two new secure parking areas each with 85 parking spaces. With the new parking zones, Truckparking Rotterdam is in line wi...
Audi expands CO2-neutral transports with DB Schenker Rail DB Schenker Rail will make its transports of new Audi cars from Neckarsulm to the loading port of Emden in Lower Saxony carbon neutral. Already in August 2010 new Audi car transpor...
CN tests natural gas/diesel fuel powered locomotives Canadian National Railway Company (CN) is testing two mainline diesel-electric locomotives fuelled principally by natural gas in revenue service on the 300-mile run between Edmonto...
PAL to reduce Seoul service Starting next Sunday, 7 October 2012, Philippine Airlines (PAL) is reducing its service between its Manila hub and Seoul Incheon to two daily operations. Originally launched as a y...
Adelaide and Christchurch join forces A memorandum of understanding (MoU) has been signed to link one of the largest un-serviced city pairs in Australasia with the aim of benefiting business, freight and tourism of bot...
Weakness in Asia-Pacific air cargo continues Preliminary traffic figures for the month of August released by the Association of Asia Pacific Airlines (AAPA) showed continued weakness in airfreight markets, which remain depres...
LDA and DFDS in joint venture for their ferry business France's Louis Dreyfus (LDA) and Denmark's DFDS have entered into a joint venture for all their ferry lines in France, which recently starting operating. The Channel crossings of C...
IBIA appoints new CEO The International Bunker Industry Association (IBIA) has appointed Captain Cliff Brand as its new CEO. Taking up his new appointment on 24 October 2012, Brand will be replacing IBI...
Gian Carlo Alessi appointed head of cargo at trinational Euroairport Euroairport Basel Mulhouse Freiburg has announced the appointment of Gian Carlo Alessi as head of its cargo department. Alessi, who will be a member of the management, will assume ...
Swisslog CEO Remo Brunschwiler to leave the company Remo Brunschwiler, CEO of the Swisslog Group for warehouse, distribution and health-care solutions, will leave the company by the end of December. He will take up the post as CEO o...
Militzer & Münch brings valuable art to Kazakhstan Militzer & Münch, the international transport logistics services provider whose head office is in St Gallen (Switzerland), transported more than 400 works of art to the Kazakhs...
DPD invests in three new depots in UK Parcel service provider DPD has announced that it has invested GBP 4.3 million in three new depots in London, Southampton and Dundee (UK). The new depots, which collectively are ex...
Golden opportunities for capesize bulkers What was supposed to be a quiet holiday turned into a bumper week for owners
Greek-owned capacity reaches all-time high Owners focus on bigger and younger vessels, says Petrofin
Investigation launched into HK ferry collision Harbour remains a safe haven, says Marine Department
Brussels asks Greece to explain shipping tax system Inquiry launched as owners and government thrash out deal to boost state coffers
Unsecured creditors get court sanction to pursue rival Omega bids 'Higher and better' offers sought for bankrupt firm ahead of rumoured Delos bid
BLT works to pull off a deal with its creditors Workout team calls meeting a day before crucial deadline to approve its proposals
Technical diplomacy The need to find a resolution on a non-shipping topic should not stall IMO's progress on CO2
The future of private maritime security - have your say Lloyd's List survey sets the agenda for a roundtable debate on piracy
Technology transfer hijacks MEPC debate on market-based measures Committee sidesteps CO2 emissions and ballast water problems
Piracy resurgence is possible with cashflow injection One ransom payment could ignite activity
Structured bonds offer extra way into capital markets Rating of an SPV can be better than its parent company's, according to Norton Rose
Oaktree book sale could prompt fresh cut-price disposals Other banks may follow Lloyds to ditch burdens on their portfolios
Sleeker, faster, quicker Efficiency in shipping is so doggedly pursued, so rarely achieved
UK port data highlights steady and long-term decline in exports Rotterdam cements its role as top gateway to Europe
Financial support alleviates shipyards' pain in Spain Interest subsidy offered until new tax lease scheme is agreed
Spanish shipbuilding industry finds a champion Support contrasts with that available elsewhere
Sensible seamanship Pilots are on and off ships all the time, giving them a wide-ranging view of ships' operating standards and the competence of their crews
Zouros eyes expansion in ports and offshore sectors Northern Greek group aims for more ASD tugs and investments in offshore support vessels
TMT continues to negotiate over Samho bulkers Yard receives only 30% of payment from Taiwanese owner
Odfjell secures $200m credit for US tank terminals growth Joint venture with equity investors aims to expand facilities at Houston and Charleston
Antwerp targets Asia-Europe containers Inland Belgian hub seeks wider customer base for location that 'cuts shipping costs'
New ships planned for Russia's Yamal LNG export project Arctic venture seeking final investment decision could generate 200 loads a year
Rotterdam port boss urges owners to cut capacity and improve logistics Shipping lines seeking discounts on harbour dues should find other ways to ride out the downturn, says Hans Smits
Prosafe returns to Sembcorp Marine for more rigs Oslo-listed rig operator to build at least one more semi-submersible accommodation rig that can host 450 workers
ITF to target India, Sri Lanka THE ITF said today it would target ships calling at major Indian and Sri Lankan ports for inspection next week
A year later, Rena salvage continues SALVORS have started hacking back steel from the bow section of the box ship Rena, whose grounding caused New Zealand's worst spill one year ago today
Chinese tanker orders surge 256% m/m CHINESE orders of big ships dominated newbuilding contracts in September, with tanker orders alone surging 256% month on month, according to Greek broker Golden Destiny
Two LNG export plans advance in US TWO MAJOR LNG export projects, in Texas and Alaska, have reported progress as the push toward foreign sales accelerates
HHLA buys out intermodal partner at Polzug HAMBURG box terminal HHLA operator made the next move today in restructuring its intermodal division by assuming full control of container block train operator Polzug
Iranian VLCC transports crude to S Korea IRANIAN VLCC Brawny is headed to South Korea with a crude cargo, according to IHS Fairplay data
Baltic grain stems lift Europe's shortsea bulkers VESSEL earnings in the European shortsea bulk trades continued to recover this week, as the Baltic grain loading season remained in full swing
Eitzen debt accord agreed EITZEN Chemical, Norway's listed chemical carrier group, said today it has reached a restructuring agreement in principle
MISC to realise $2.3Bn from asset sale MISC WILL receive more than $2.3Bn from selling its stake in a semi-floating production system and its subsidiary, which owns the semi-FPS
DPW becomes only JNPT terminal bidder DUBAI Ports World has emerged as the lone bidder for the 330m minor box terminal at JNPT
Technical co-operation seen at MEPC meeting BRAZIL said that during today's final session of the IMO's Marine Environment Protection Committee, substantial progress had been made in talks about technology sharing and knowledge exchanges
Subsea 7 wins $100M Oz deal SUBSEA 7, the seabed-to-surface engineering group listed in Oslo, said it has won a $100M contract from Apache Australia for the Julimar Development Project off Western Australia
Banks grant Odfjell $200M in credit ODFJELL Holding (US), a subsidiary of OTLG, has secured a $200M, five-year secured credit facility from US banks, the Bergen-based parent of the Odfjell group said
KG funds hive off Capes GERMAN KG house Commerz Real is selling two Capesize bulkers to avoid losses for the ships' KG investors
Great Lakes port woes worsen SHIPS ENTERING most US ports are having carry well below capacity cargoes because of low water levels in the Great Lakes following a winter and summer of below-average rain fall, according to a US maritime group
New Chassis Solution at Port of Virginia Joe Ruddy had a big problem. One by one over the last few years, many of the 30 shipping lines serving the Port of Virginia were announcing plans to pull out of the business of providing chassis to haul their customers' containers. How would the port's Hampton Roads Chassis Pool...
Freight-Related Transport, Warehousing Sectors Add 4,300 Jobs The U.S. freight-related transportation industry and the warehouse sector added about 4,300 jobs in September from August, helping to push down national unemployment under 8 percent for the first time since 2009. Employment in the sectors handling freight in September was up about 49,000 jobs from the same period in 2011,...
Damco hires new CFO A track record of result orientation; a leader and a strategic processor; those are the qualities that the newly-hired global chief financial officer, Pernille ...
Fargo gets carrier praise Leading UK specialist software firm, Fargo Systems, has joined with international port operator DP World to develop an export booking interface for the CNS (Community ...
G6 Alliance to start Gothenburg feeder link The partners of the G6 Alliance have announced that during the winter season when their Loop 3 Asia-Europe service string will be suspended as part of the group's ...
Crowley acquires new logistics firm Jacksonville-headquartered Crowley Maritime Corporation has recently acquired the Houston-based, freight forwarding, export packing and logistics company, Jarvis ...
Maersk feeder still aground
Safmarine imposes Dammam surcharge The congestion difficulties in Dammam and in getting cargo into/out of the Saudi Arabian capital, Riyadh, are continuing with Safmarine among carriers announcing ...
APM T's Callao project takes shape APM Terminals (APM T) has commenced construction on its new container terminal in Callao, with work now underway on demolishing the city's old Patio Guadalupe railway ...
Pancoast abandons charter A dispute over the early termination of a charter contract has led to the arrest of bunkers on board a handysize bulker in New Orleans.
Sinokor strikes again? While the downturn has forced some shipowners to sit on the sidelines of the sale-and-purchase arena others are taking advantage of declining asset prices and picking up tonnage at a record pace.
NGM dives into pool NGM Energy of Greece has entered its lone crude carrier into Heidmar's aframax tanker pool.
BLT given more time Berlian Laju Tanker (BLT) is confident that creditors will back a long term restructuring plan after a Singapore court agreed to extend a protection order by two months.
Double jeopardy A Norwegian ferry has bashed into a dock for the second time in eight days.
MISC sale raises $1.7bn MISC has sold a half share in an oil and gas producing unit that will enable it to tone down debt and keep its shipping division afloat.
UANI turns on China US pressure group United Against Nuclear Iran (UANI) has turned its fire on the China Classification Society (CCS).
Humpuss faces debt action Indonesia's Humpuss Intermoda Transportasi (HIT) is facing legal action by a creditor to stop it paying off other debts.
Going for a drive TradeWinds digests the digits making the headlines this week.
Crew safe after fire A fire on a Chinese cargoship has been brought under control off Japan.
MSC honours pledge Rena charterer MSC has made good on its promise to help out New Zealand businesses hit by the boxship's grounding last October.
Eitzen Chem get a breather Eitzen Chemical has taken another step on the road to safety after sealing a restructuring package with creditors.
Heater blamed for blast The botched assembly of a heater caused a fireball that seriously injured three CSDC tanker crew in Australia, an accident probe has found.
Odfjell secures $200m Terminals group Odfjell Holding has bagged a new $200m loan to expand in the US.
Making your mind up We take a look at what was said in the market over the past week.
IRISL cash frozen Iranian owner IRISL is facing a money headache as the country's central bank, the CBI, effectively froze $50m of cash deposits.
Subsea 7 SURFs again Oslo-listed owner Subsea 7 has won another installation contract worth $100m.
I hit the sheriff An Algoma bulker has been involved in a collision with a sheriff's vessel and a pier in Ohio.
Yard workers protest Greek shipyard workers have broken into defence ministry property in a protest over wage arrears.
Atwood ties up newbuild Atwood Oceanics has secured a one-year charter for a jack-up drilling rig now under construction in Singapore.
Clear out at Lamprell Lamprell has removed its top three senior executives as it looks to restore investor conference in the troubled rig builder.
Oz China cargoes slide Iron ore shipments to China from Australia's Port Hedland, a bellwether for Chinese industrial activity, fell 9% last month.
SFI shifts into high gear Ship Finance International has raised nearly $90m from a follow-on equity offering backed by Morgan Stanley.
Citrus growers feel squeezed by Maersk The Citrus Growers Association of South Africa's CEO said the plan by Maersk and sister company Safmarine to raise reefer rates $1,500 per 40-foot container is "overzealous" and "flawed."
Produce groups step up supply chain safety
Great Lakes levels heighten dredging crisis The water levels on the Great Lakes have begun their seasonal decline, so the impacts of the dredging crisis will become even more pronounced in the fourth quarter, warned the Great Lakes Maritime Task Force.
Shippers call for greener ships
VPA given authority to decide port privatization
Report says Connecticut ports have niche opportunities The Connecticut Deep Water Port Strategy Study, prepared by Moffatt & Nichol, said "despite its rich maritime history, the Connecticut ports and related maritime industries have not fared well in recent decades."
Commentary: Apple's logistics lessons from maps Apple has moved away from its Google Maps partnership and launched its own Apple Maps, which has been such a problem that Apple's CEO Tim Cook apologized, and has recommended users try services from its competitors instead.
UK Club warns rising ship engine breakdowns
ALK's rail routing service adds 20 carriers
MOL reinstates NKX service
Over 4,100 Internet pharmacies shuttered
G6 Alliance's feeder between German ports, Gothenburg
Global bunker prices fall across week Bunker markets track crude declines to end week down overall.
North American prices rally to close out week Futures completed longest run of weekly decreases since June after Energy Department reported that US crude output rose to 6.52 million barrels a day last week, the most since December 1996.
New UK headquarters for Ocean Intelligence 'The office move is about creating business opportunities.'
Ross's eco doubts not shared 'Undecided' billionaire out on a limb on eco-tonnage debate.
Prices end the week up in Fujairah Bunker prices closes the week firm in Fujairah on Friday.
Bunker prices firm in Rotterdam Strong gains were seen in fuel oil and distillates.
SA port strike edges closer Call made for secondary action at country's ports.
Sales of 500 cSt material climbing in Asian hubs Sources say Hong Kong September sales of high viscosity IFO have doubled year-on-year.
Pirates take gasoil from seized tanker IMB says fuel was transferred to a waiting bunker tanker.
Dan-Bunkering makes Singapore appointment New trader started this month.
Singapore broker nets Korean contract Hyundai Merchant Marine's broking and bunkering business goes to Singaporean firm.
MPA asks players to nominate 'outstanding bunker player' Singapore authorities looking for 'commitment to quality standards and quantity assurances.'
Bunker prices end week firm Supplies of marine fuels were fine at major ports in Asia on Friday.
US ferry owner enjoys 30% fuel savings with new vessel Vessel performing 'up to our expectations', says president and owner of Rhode Island Fast Ferry.
No clear IMO response to fuel sampling practice MEPC 64 unable to agree on guidelines for PSC procedures when obtaining samples for sulphur compliance testing.
Danish bunker firm to launch Cambodian ops Set to leverage its knowledge and technology know-how to develop Cambodia's offshore bunker business.
Bunker firm expands reach to Hong Kong Expansion 'natural move' for IBS, says managing director.
Deal 'most compelling option' for Titan Enhanced subscription deal 'defining moment' for Titan, says executive director.
'Comprehensive' study on hull fouling and fuel savings Study compares types of hull cleaning methods for cruise vessels and their resulting fuel savings, says Eniram.
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