Opening of Berlin's new airport postponed The new Berlin Brandenburg airport (BER) in Germany will be inaugurated later than originally planned. The project participants were convinced until just recently that the requisit...
Roporfret plans ferry service between Portugal and Belgium The Portuguese shipping company Roporfret, a specialist for intermodal transport between Portugal und Northern Europe, is planning to operate a regular ferry service between the po...
Hoyer GmbH augments advisory board The retired executive chairman of BP Europa SE, Dr Uwe Franke, has been invited to join the advisory board of the Germany service provider Hoyer. Franke spent most of his professio...
MAN sees growth stagnating in difficult markets The German commercial vehicle manufacturer MAN generated a Q1/2012 operative result of EUR 253 million, compared to EUR 325 million in the like-for-like period in 2011. The 22 % de...
US transport company Schneider renews fleet Schneider National, a leading US transport company, plans to replace one-third of its fleet by the end of 2012. The company has invested in 3,000 new vehicles, most of them manuf...
Alaska Railroad Corporation: more freight business and more projects Alaska Railroad Corporation (ARRC) reported that its 2011 freight train revenue increased by 12.7% thanks to expanded coal exports and a 3% volume increase in interline (barge-rail...
Russian Railways' network ships 106.4 million t in April 2012 According to the latest figures, the Russian Railways network shipped 106.4 million t of freight in April 2012, an increase of 2.9% compared to April 2011. Shipping volumes in the ...
Airfreight volumes still sinking at European airports The European airports trade body ACI Europe released its March/Q1 traffic report on 7 May. The document provided the first substantial indication of how airport traffic is performi...
HKIA pledges to be the world's greenest airport Airport Authority Hong Kong (AAHK) and 40 business partners recently pledged to make Hong Kong International airport (HKIA) the world's greenest airport - the first commitment of i...
New regional sales manager Americas for Virgin Atlantic Cargo Virgin Atlantic Cargo has appointed Jim Barruch as regional sales manager - Americas as the carrier prepares to launch new routes and additional frequencies to destinations in the ...
Michael Vorwerk resigns from CNS The International Air Transport Association (Iata) announced that Michael Vorwerk has resigned and will end his term as president of the Cargo Network Services Corporation (CNS), a...
Ceva reports higher turnover and less profit in Q1/2012 The global logistics service provider and SCM specialist Ceva Logistics boosted its turnover in the first quarter of the current year to EUR 1.712 billion, a 2% increase compared t...
Dachser now present in Malaysia Dachser, an international logistics service provider based in Germany, continued its international expansion by the establishment of a joint venture in Malaysia at the beginning of...
Geodis Wilson inks contract with Bic Geodis Wilson, the global freight management company and freight forwarding arm of the French Geodis Group, has been selected by the world renowned stationery and multi-product man...
AirBridgeCargo Airlines delivers food to Afghanistan Russia's Volga-Dnepr Group has transported 100 t of food supplies to International Security Assistance Force (ISAF) personnel in Afghanistan using one of AirBridgeCargo Airlines' B...
North-South gap seen wider at Europe's ports GROWTH prospects for box cargo handling in North and South Europe are diverging, according to Global Port Tracker's North Europe Trade Outlook
Tweet alarms Carnival IN YET another false alarm for the cruise industry, US agents scrambled to search Carnival Magic for biological weapons this week in response to a 'tweet'
NOL losses worsen to $254M SINGAPORE'S NOL said today 1Q12 losses worsened to $254M, from losses of $10M in 1Q1
Tankerska Plovidba turns to 1Q profits CROATIA'S Tankerska Plovidba said it has turned around the losses of 2011's first quarter
Ferry strike suspended SNCM workers voted today to suspend a strike that had halted most of the French Med ferry company's sailings to Corsica during the past eight days
Dockwise raises its stake in Fairstar to 54% DOCKWISE said today it now controls 54% of the shares in Fairstar Heavy Transport
Odfjell profits turn into losses ODFJELL, the listed Norwegian chemical tanker and tank terminal group, said today it lost a net $3M in 1Q12, from profits of $11M year on year
MOL remains 'watchful' on Iran crude MOL, JAPAN'S biggest shipping group, told Fairplay today it would welcome sovereign insurance guarantees from Tokyo that would enable it to continue importing Iranian oil
Analysts reassess COSCO yard unit COSCO Corp (Singapore)'s lower earnings in 1Q12 suggest it faces challenging times as it persists with its offshore marine ambitions, analysts said today
Wilson cuts losses WILSON, the listed Norwegian shortsea operator, said today it reduced its losses in the first three months of the year
SMM's profits fall 25% SINGAPORE'S SMM today posted net profits of S$113M ($90M) in 1Q12, compared with profits of S$150M ($120M) a year earlier
Germany seen missing offshore power targets PROJECT cargo flows and investments in Germany's offshore wind sector are dropping far below targets, a survey has indicated
West Oz buying port land THE PREMIER of Western Australia today said his government has begun to acquire land for a major new Pilbara port
More KG feeders on the rocks THE RISE in insolvencies among German one-ship KG companies is continuing, with two more '90s-built feeder/handy box ships ordered into administration
Record predicted for Chinese coal imports CHINA'S coal imports could hit monthly record 25M tonnes in July, a drybulk consultancy has predicted
FedEx, UPS Keep Rural Reach Through USPS Backtrack Parcel giants FedEx and UPS will still be able keep piggybacking on the U.S. Postal Service network to remote locations,...
Horizon Operating Loss Narrowed in First Quarter Horizon Lines said its first quarter loss on continuing operations narrowed to $6.1 million from $9.4 million a year earlier...
Livingston International Acquires M.G. Maher Livingston International has acquired New Orleans-based forwarder and customs broker M.G. Maher & Co. and the business of its affiliate...
Recession Cuts Into European Port Traffic Imports at Europe's largest container ports declined 1.1 percent in the first two months of this year as economic problems...
DOT Freight Index Slipped 0.8 Percent in March Freight ton-miles carried by the for-hire transportation industry fell 0.8 percent in March from February, the Transportation Department said. ...
Global Details Terminal Expansion Plans Global Container Terminals issued details of a 70-acre expansion that will open in 2014 and use cargo-handling technology to squeeze...
Nippon Express Net Profit Tripled in FY2011 Nippon Express Co., Japan's largest international freight forwarder, said that its net profit surged a whopping 215.5 percent in fiscal...
Domestic Maritime Advocates 'Sail In' to Washington In February, shippers staged a "fly-in" on Capitol Hill to "stand up for trucking." Today, a the domestic maritime industry...
TranzAct's Regan Warns Shippers on Truck Rates Shippers that don't monitor trucking costs carefully could see truck pricing skyrocket by 2014, Mike Regan, president of TranzAct Technologies,...
Saudi Airlines Cargo Expands West Africa Service Saudi Airlines Cargo has increased freighter frequency from its Jeddah hub to N'Djamena in Chad with the addition of a...
International Air Cargo Tumbled in March Global air traffic contracted 2.2 percent in March as 14 of the world's top 20 freight airports experienced year-over-year declines,...
NOL Posts $254 Million First Quarter Loss Singapore-based NOL Group reported a $254 million first quarter loss despite cost-cutting and rate increases in March, and said high...
USMX's Capo 'Cautiously Optimistic' on ILA Contract United States Maritime Alliance Chairman and CEO James Capo said he is "very hopeful and even cautiously optimistic" that management...
Hapag-Lloyd to Raise Rates on Major Trade Lanes Hapag-Lloyd will raise its freight rates on major trade lanes as part of a new rate restoration program. From...
CKYH Alliance Restructures East Coast Services The CKYH alliance will restructure five of its current all-water services from Asia to the U.S. East Coast this month....
TSA Proposes $600 Peak Season Surcharge Shipping lines in the eastbound Pacific are counting on a strong peak season this summer and fall to support a...
Pacer, CSX Extend Partnership Past 2014 Pacer International and CSX Transportation have extended their partnership through a new multiyear agreement, giving the intermodal middleman more opportunity...
WTSA suggests rate increases for reefer cargo The Westbound Transpacific Stabilization Agreement (WTSA) has proposed a set of non-binding guideline increases for freight rates covering frozen and chilled beef, ...
NOL Q1 loss prompts 'organisation streamlining' A USD254 million net loss in the first three months of the year will mean a global staff downsizing at Singapore's Neptune Orient Lines [NOL] in an endeavour to ...
CKYH expands transpac offerings as 'strong summer' for volumes forecast The CKYH Alliance has announced a restructuring and expansion of its Asia-US East Coast services - just as the Transpacific Stabilization Agreement (TSA) ...
TPT moves onto 'stage two' improvement process at Durban Transnet Port Terminals (TPT), which operates the majority of container-handling facilities in South Africa and has a productivity improvement programme in place ...
SNCB Logistics still in the red The EU's love affair with rail privatisation suffered another knock yesterday when Belgium's state-owned SNCB Logistics reported a EUR185 (USD240) million loss ...
OOCL and Team Lines join forces in SBX2 Hamburg-based Team Lines has become a vessel providing partner in OOCL's SBX2 service between northern Europe and the Baltic Sea. Since the end of April it provides ...
Textainer confident about the future Textainer, the world's largest container lessor, expects the demand for containers to remain robust and fully expects to meet this demand by adding to its equipment ...
A sensible alliance Like the nefarious bankers before them, container shipping lines have been tarred with a 'reckless' brush for their gung-ho ordering of cellular capacity, way beyond ...
Developing world comes to rescue of ocean carriers The latest information from Container Trades Statistics confirms that the developing world will probably save ocean carriers this year. As shown in the table, containerised ...
Nustar Energy surges up FORTUNE 500 list Company attributed rise in revenue to increased volume and prices for bunker fuel.
Bunker levy could accelerate adoption of Coriolis technology Authorities collecting the levy would need to have accurate data about bunker volumes, says instrumentation company.
Prices weaken in European hubs Prices for 380 cSt grade in Rotterdam have been falling for five consecutive trading days.
IBIA Board appoints Vice Chairman Simon Neo will automatically become Chairman in 2013.
Prices soften in Fujairah Good demand and active market in Suez.
Ship owners 'want fuel saving technology but lack the funds' 'There is no money for the initial costs,' says CEO of Germanischer Lloyd.
'Completely dead' bulker facing arrest Reports say vessel's engine failure is linked to bunkers delivered in South America.
NOL losses widen to $254 million on high fuel costs Posts losses even as it achieves $100 million of cost savings through reduced fuel consumption and improved operational costs.
Asian bunker prices still falling Supplies of bunker fuels fine at key Asian ports on Wednesday.
Settlement reached in San Francisco Bay bunker spill case Owner and ship manager of the tanker Dubai Star to pay total of $1.96 million in settlement fees.
Odfjell sees 'better earnings' despite high bunker costs Expects declining bunker costs in Q2 to 'offset some of the challenges we are faced with'.
Ships slow steaming despite risks from pirates Fuel savings could be used to pay for guard protection services.
Environmental targets for ships should be 'practical' Implementation of EEDI on existing ships 'impractical', says BIMCO's secretary general.
'No capex' model for green tech solutions Framework gives shipowners the opportunity to install green tech solutions, says Carbon War Room spokesman.
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