SBB Cargo awards its "prix éco" Switzerland's national freight railway SBB Cargo has honoured two companies that made a particularly significant contribution to protecting the environment by using the railway to ...
Braemar appoints new regional director for the Far East Braemar Technical Services (Incorporating The Salvage Association) is pleased has announced the appointment of Graeme Temple to the role of Regional Director for its Far East regio...
Chile joins International Transport Forum Chile has become the first South American country to join the International Transport Forum (ITF), an intergovernmental transport-policy body housed at the Organisation for Economi...
New managing director for DSLV in 2013 The Association of German Freight Forwarders and Logistics Operators (Deutscher Speditions- und Logistikverband/ DSLV) has selected Frank Huster to be its new managing director wit...
Forecast: four times more freight traffic in 2050 By 2050 the volume of global freight traffic will increase between two and fourfold compared to that of today, and double in the OECD states. This information stems from a document...
Oman Container Lines expands its fleet The increasing demand for sea transportation has convinced Oman Container Lines (OCL) to expand its fleet of container vessels by an additional unit called the "Altonia"....
Cargojet Airways to operate freighter to Cologne Cargojet Airways began to operate a weekly B767 freighter service to Cologne (Germany) at the end of April. The flight connects Cologne Bonn airport with Greater Moncton airport in...
New secretary general elect of the International Transport Forum Professor José Manuel Viegas, a Portuguese citizen, has been chosen as secretary general elect of the International Transport Forum, an intergovernmental organisation within the OE...
Kuehne + Nagel launches new airside service at London Heathrow airport A new airside service at Heathrow airport (UK) has been launched by the giant logistics service provider Kuehne + Nagel to enhance its critical spare parts logistics offering to th...
Global Container Service Group invests in intermodal wagon fleet Russia-based Global Container Service Group (GSC) plans to increase its fleet of long-term leased flat wagons to more than 450 units. The company has now begun taking delivery of 2...
Samskip acquires containerships "Arnafell" and "Helgafell" Samskip has acquired the container vessels "Arnarfell" and "Helgafell", both of which have been deployed by the company as charter vessels on the r...
Panalpina posts Q1 loss and turnover drop due to antitrust fines Panalpina, a Basel (Switzerland)-based logistics corporation, reported that its first quarter turnover in business year 2012 fell to CHF 1.54 billion, a 7% decrease from the CHF 1....
Hellmann Worldwide Logistics expanding in Bielefeld Hellmann Worldwide Logistics, a global logistics service provider based in Osnabruck (Germany), is expanding its Bielefeld (Germany) location and securing 100 jobs at the same time...
Boeing B747-40F joins Etihad Airways fleet Etihad Airways has signed a contract with Atlas Air to provide the UAE flag carrier with its first Boeing B747-400 freighter. The aircraft, with a payload capaci...
Onassis Prizes honour top academics Nobel Laureates select winners of prizes for shipping, trade and finance
We like fast, but we prefer predictable Walmart's head of logistics tells Lloyd's List what he wants from the shipping industry
Unhelpful behaviour Shipping's financial struggles are putting pressure on the global supply chain
Fast train to China Why BMW is shunning ships in favour of rail
New world for China's ports The shift in nation's industrial base will open new opportunities and make sector more competitive
Big box lessors get a boost Fleet expansion at Textainer and Sea Cube lifts first-quarter results
Liquidation plan agreed in Marco Polo Chapter 11 case Senior lenders refrain from enforcing super-priority claims, leaving unsecured creditors with 5% return
New cruiseship important stepping stone in Costa's recovery Lessons from Costa Concordia inform new safety measures
Slow aframax market could last until June Lack of cargoes drags down rates in European waters
Excel gives mandates for $35m ATM offering Dry bulk owner acts early to come up with additional equity demanded by banks
Contract logistics and sea freight boost Ceva's first quarter But air freight fails to fly
DP World to sign up first London Gateway logistics customer Exclusive: Dubai ports giant negotiating with Uniserve
On slippery ground An effort should be made to draw a line between shipping and politics
CSA calls on Vale to 'modify' VLOC capacity Chinese ports restricted to 350,000 dwt bulkers, say country's shipowners
VLCCs to benefit as Saudi Arabia ships more cargoes to the US Vela is making its presence felt on the spot market
Navios Acquisition posts lighter loss than forecast Angeliki Frangou-led tanker owner awaits boost from 14 product tanker deliveries over next two years
Iran says sanctions undermine international treaties Tehran warns that nothing will stop its scientific development
China set to break monthly coal import record Research house Commodore forecasts country could take in 25m tonnes by July, up 43% year on year
EU Navfor renews commitment to shipping Operation Atalanta focuses on specifc initiatives to aid the passage of trade
Increased volumes boost DHL Falling ocean freight business supported by land transport
MSC and NYK join latest Asia-Europe rate recovery drive New increases will take effect from June
Unfinished quay could delay Wilhelmshaven launch Deepwater terminal has piling problems
The big squeeze Europe's major players must return to ship financing
APM goes greener at Laem Chabang RTG fleet converted to use electricity
Shanghai reports slowdown in growth World's busiest port reflects weak global business climate
Drydocks World seeks to adjourn debt hearing Decree 57 lets state-owned group restructure under insolvency protection
NYK launches Thailand-South China service with RCL Japanese shipping giant drops service with Vinalines Container Shipping
Etihad Rail to build Jebel Ali link Intermodal terminal will connect to UAE, GCC and beyond
RFA ratings join UK public sector pension strike Union urges members to walk out on Thursday
Owners are entitled to earnings after charter withdrawal UK Supreme Court finds against Petroleo Brasileiro
'No talks' on piracy convention says IRI THE Marshall Islands ship register has distanced itself from comments made last week by Clay Maitland, managing partner of the register's administrator, International Registries Inc (IRI)
FreeSeas details cash crunch NASDAQ-listed FreeSeas has confirmed substantial doubt about its ability to continue as a going concern in its newly filed annual report
Bangladesh's breaking yard prices firm BREAKING yards in Bangladesh are this week maintaining their aggressive pre-monsoon tonnage purchases
Rieber wants all of Armada GC RIEBER Shipping has offered to acquire all outstanding shares in Armada Seismic it does not already own
Indonesia taxes and restricts ore exports A 20% export tax on Indonesian metal ores has kicked in, which could knock the drybulk sector
Box profits lift BLG GERMAN ports-to-logistics group BLG Logistics increased its 2011 operating profits by 27% on record turnover
Migrant bodies said thrown into sea SEVEN people being smuggled to Malta reportedly died on a boat trying to reach shore
Fredriksen: just getting started SHIPPING magnate John Fredriksen was reported today to be mulling billions of dollars more in S&P deals
Marubeni profits rise 24% JAPANESE commodity trader Marubeni posted ¥172.1Bn ($2.15Bn) in net profits for the financial year ending 31 March, up 24% year on year
KG-owned Panamaxes sold GERMAN bulker owner and manager H.Vogemann told Fairplay today that four Panamaxes under its management have been sold
COSCO-HIT terminal buoys HPH Trust profits SINGAPORE-listed HPH has reported net profits of HK$462.8M ($59.62M) in Q1 2012, 1% higher than projected net profits of HK$459.4M ($59.19M)
Profits fall 21% at COSCO Singapore unit COSCO Corp (Singapore), the yard and drybulk arm of China COSCO, said today 1Q12 profits dropped 21% year on year to S$27
HMM's losses worsen HYUNDAI Merchant Marine has reported operating losses of 200.8Bn won ($176.7M) for 1Q12, much worse than operating losses of 27.37Bn won in 1Q11
VLGCs seen stabilising SPOT RATES for VLGCs are likely to stabilise soon, after their bull run of recent weeks, shipbrokers and analysts said
Italian ship in deaths inquiry finally leaves India THE ITALIAN oil tanker detained off Kerala since 15 February has finally sailed to Colombo
Trucking Needs New Driver Strategy, Says U.S. Xpress' White Truckload carriers need a "fundamentally different" strategy to attract potential drivers, John White, president of U.S. Xpress, said in an...
West Coast Dockworkers Voice Support for East, Gulf Coast ILA The International Longshore and Warehouse Union issued a statement Tuesday alerting the maritime industry that West Coast dockworkers fully support...
Trucking Executives Warn Shippers on Costs Trucking executives sounded a clear warning about rising costs Tuesday at the National Industrial Transportation League's Freight Policy Forum in...
Trans-Pacific Carriers Plan Westbound Rate Hikes Trans-Pacific carriers announced proposed rate increases of $300 to $400 per 40-foot container unit, effective July 1, on shipments of...
Siemens, DB Schenker Sign Global Framework Agreement Siemens and DB Schenker have signed a framework agreement, which covers the global contract logistics relationship between the two German...
Textainer Profit Rises as Box Fleet Expands Textainer Group, the world's largest intermodal container lessor, reported first quarter net income jumped 34.2 percent, aided by a 20.1...
Zim Disputes S&P Rating Downgrade Zim Integrated Shipping Services has taken exception to a credit downgrade by the Israeli affiliate of Standard & Poor's, which...
CEVA Logistics Profit Fell 7 Percent in First Quarter CEVA Logistics, which has filed for an initial stock offering, said its first quarter revenue rose 2 percent but earnings...
Domestic Intermodal Container Volume Jumps 14.9 Percent Domestic intermodal container volume in the first quarter surged 14.9 percent year-over-year, outpacing international intermodal traffic gains by a wide...
Party Ending for Asia-Europe Carriers Freight rates in the key Asia-to-Europe container trades appear to have peaked after a nearly fourfold increase since December, and...
Diesel, Oil Prices Hit Lowest Point Since February Diesel prices across the U.S. fell to their lowest point in 10 weeks, slipping 1.6 cents in the week ending...
BNSF Boosts Profit 16 Percent on Mild Volume Gain BNSF Railway boosted profit nearly 16 percent year-over-year to $701 million, as higher pricing and a 3 percent volume rise...
Operations Return to Normal at Port Klang Operations at Port Klang have now returned to normal following strikes by truck drivers last week. The strike caused...
Emirates Shipping to Hike Far East Asia Rates Middle Eastern carrier Emirates Shipping Line will raise its rates on cargo moving on its Far East and intra-Asia services,...
South Korea Ports Handle Record Container Volumes Box volumes at South Korea's ports reached a record high in April as transshipment traffic drove growth. Figures released...
Customs Set to Hold First West Coast Trade Symposium When U.S. Customs and Border Protection holds its first-ever West Coast trade symposium Thursday in Long Beach, the message to...
BA's Exolgan terminal buys more Liebherr units The Exolgan Container Terminal in Buenos Aires is to raise its container-handling capacity by buying an additional ship-to-shore gantry crane. In doing so, the ...
SeaCube sharply up in Q1 12 Park Ridge (NJ - US)-headquartered SeaCube Container Leasing Ltd, which has one of the biggest rental fleets of reefer containers and generator sets in the world, ...
HMM's operating losses plunge deeper for Q1 Hyundai Merchant Marine (HMM) is the latest carrier to announce poor quarter one results on the back of plummeting freight rates and high bunker costs. The South ...
Le Havre back on course Le Havre increased its container traffic by a remarkable 21% in Q1 12, compared to the same period last year, up to 620,000TEU. Given Rotterdam's decline ...
Another Asia - US East Coast service to launch
Maersk to abort Andean operation Copenhagen-based Maersk Line has blamed years of poor freight rates and increases in operating costs for its decision to stop its direct call service linking northern ...
Zim Line's credit rating reduced Standard & Poor's Israeli arm Maalot has reduced Zim Line's bond rating to ilB with a negative outlook. The rating agency has clearly been frightened by ...
Eithad Rail and DP World sign ICTF MoU Abu Dhabi-headquartered Etihad Rail - the builder and operator of the UAE's national railway system and DP World, which operates the country's premier container ...
Bunker price slide relief for liners The price of Rotterdam-sourced IFO 380 tumbled another USD17 per tonne yesterday following Friday's fall of USD15. At USD650 per tonne bunkers are some USD50 cheaper ...
IBIA to raise membership fees Increase taking effect from July 1, 2012 to 'keep pace with operating costs'.
European bunker prices lack direction Tuesday's prices seen an end to the sharp falls of recent days.
Shipping crisis to last 'two to three years' Fredriksen says many companies 'are not going to make it'.
Prices continue to fall in Fujairah Suez prices stable.
Global spot fuel oil shipments up 8.8% Poten & Partners examines top spot fuel oil charterers and routes during the first four months of 2012.
Judge rules against claim by Chinese bunker supplier Hong Kong Admiralty Judge says Chimbusco failed to show that vessels supplied with fuel were controlled by Maruba.
ECO2 Inland Vessel project to examine LNG as fuel New 135 metre dry cargo 'pilot' vessel to be equipped with dual-fuel engines in project aimed at identifying the most efficient and economical power systems.
ClassNK collaborates with software firm for SEEMP solution New solution will be able to reduce fuel consumption by as much as 20%, says President of NAPA.
Gulf Petrochem to start trading middle distillates Group says move will 'sustain its gains in Middle East and strengthen its global presence.'
IFO prices generally softening in Asian ports Supplies of bunker fuels 'fine' on Tuesday.
Bank maintains rating of marine logistics firm Marco Polo Marine set to establish a joint venture to own and manage bunkering vessels, says OCBC Investment Research.
Return of zombie refineries a 'lesson' to tanker owners Lower asset prices of less fuel-efficient tankers may earn 'suitable returns' for their new owners, shipping analyst says.
Hyundai Merchant Marine Q1 net loss widens Fuel costs jumped 47%, offsetting rise in box shipping rates.
Singapore to see higher fuel oil arrivals in June As larger fuel oil shipments are fixed to arrive at the port from Europe and the Caribbean.
APL receives its 'most fuel-efficient' vessel APL Southampton fitted with ballast water treatment system and electronically-controlled main engine.
South Korea bunker output stable in May Refiners to produce between 660,000 to 680,000 mt of bunker product.
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