Angola's railroad services to be privatised The Angolan government has plans to privatise the country's main railroad companies. Commercial and operational parts of the railroads will be sold to private enterprises, but the ...
Thai's first B747-400F enters service Thai Airways International plc is phasing in its first Boeing B747-400 retrofitted cargo freighter aircraft today (12 April 2012). The unit is equipped to carry 100 t of cargo per ...
Samskip Multimodal Container Logistics secures AEO certification Samskip Multimodal Container Logistics (SMCL) has been officially AEO certified by the Dutch customs authorities. The certification confirms SMCL's status as a reliable and secure ...
Zim ends 2011 with loss Israel's container shipping company Zim posted a net loss of USD 397 million in 2011, compared to a net profit of USD 54 million in 2010. (it)
AA Cargo resumes service to Dublin and Helsinki American Airlines Cargo (AA Cargo) resumed its daily, non-stop service from Dublin to Chicago IL (USA) on 4 April 2012. The flight is operated on one of the carrier's B767-300 wide...
AfDB approves USD 251 million funding for roads in Tanzania and Sierra Leone The African Development Bank Group (AfDB) has approved USD 250.95 million for road construction projects in Tanzania and Sierra Leone. Under the approvals Tanzania's government wil...
Mitsubishi lands major order received for Fuso trucks from Linfox Logistics in Thailand Mitsubishi Fuso Truck and Bus Corporation (MFTBC), based in Kawasaki (Japan) and one of Asia's leading commercial vehicle manufacturers, has received a new order from its longtime ...
North Korean rocket test impacts on civil aviation Philippine Airlines (PAL) plans to reroute some of its flights due to North Korea's satellite launch, which may have effects on some of the Philippine's territory. With the satelli...
Stena Line appoints new group freight director Björn Petrusson will become the new group freight director of Stena Line on 1 August 2012. Amongst others, Petrusson held the posts of managing director of DFDS Tor Line in Sweden ...
Siamar strengthens team in Genoa Genoa (Italy)-based Siamar has appointed a new sales manager by the name of Carmine Abete. Siamar is a neutral NVOCC that specialises in consolidation services to/from India (Nhava...
MOL upgrades Asia - South America (Mexico) services The Japanese shipping company Mitsui O.S.K. Lines (MOL) and its consortium partners K Line and NYK are upgrading the Asia-Mexico and west coast South America service (CWL) at the ...
FedEx opens new branch office in Montpellier The US CEP and logistics corporation FedEx recently put a new branch office into service in Montpellier (France). The 4,000 sqm terminal is equipped with photovoltaic elements that...
Pantos Logistics lands logistics outsourcing contract for Coca-Cola in Indonesia Pantos Logistics has currently entered into an outsourcing and warehousing contract with Coca
A level playing field for UK ports Subsidise all infrastructure or none, say critics
Svitzer's Liverpool peace talks fail Tug crews' union to announce next move on Monday
Two more capesize bulkers scrapped Demolition prices equivalent to secondhand value of 16-year-old capesize
Prospects dim for Japan LNG imports Restricted gas plant capacity boosts demand for oil
State funding could undermine growth at other locations Are some UK ports more equal than others?
United they stand The sheer scale of industry losses has forced Asia-Europe carriers to close ranks
Wind energy vessels to double in a year Fledgling sector is growing, in spite of obstacles such as energy policies and costs
Sluggish Atlantic MR product market pins hope on US driving season High US pump prices threaten to quash positive impact of summer driving season
Japan slams EU push for regional CO2 reduction Commission must step up work with IMO not push own agenda
Asciano declares 'impasse' in Sydney dispute Botany Bay union holds out against Patrick Stevedores enterprise agreement
Sugar cargoes sweeten Atlantic supramax rates Tight vessel availability pushes up prices for May bookings
OSG charters Turkish suezmax tanker Renewal option for six months time is nearly $2,000 per day above current market rate
Maher Terminals claims PANYNJ favoured other operators FMC complaint says discrimination cost it 'millions of dollars' in lost business
Shipowners must accept that sanctions are here to stay New EU provisions 'particularly difficult' for operators
Tankers set for further trade pattern shifts as Iran's oil output 'plummets' Iranian production could fall to 2.6m barrels per day by third quarter unless alternative buyers can be found, says IEA
Sustained subsidies 'inappropriate', DfT tells UK ports George Hammond claims Portsmouth fruit importer received 'illegal' subsidy
Nanjing Tanker warned of delisting threat after $119.6m loss Chinese tanker operator hit by weak rates and increased expenses
Pirates free vessel for just $250,000 Somali merchants persuade gang to settle for 'expenses'
Ningbo Port to issue $159m bonds Fresh funds to repay debts and build working capital
Stolt Nielsen held back by tanker division Company cites lower fleet utilisation, unscheduled drydockings of five vessels, poor results from its regional fleets and rises in ship management costs
Get the story straight China must clarify its policy on VLOCs
Singapore project assesses LNG bunkering MPA and DNV launch joint research effort
CSICL posts fall in operating profits Shanghai-listed unit suffers from decline in new orders
Farstad picks up Australia charters Deals valued at $51.8m excluding options
From Russia with profit Sovcomflot bucks the trend as other top tanker operators lose $1bn
MSC denies IPO plan for ports business World's sixth-largest terminal operator says it will not list the business
Cosco Nantong Shipyard to build Seadrill rig Total project cost is $135m, says Oslo-listed company
Marco Polo to liquidate Six ships handed back to lending banks as Chapter 11 debtor vows to fight on
India allows bulker tied to deaths to leave INDIA has allowed a bulker involved in the deaths of five fishermen in Kerala to leave the country
Capesize rise seen south of $12,000/d BIMCO has predicted that timecharter rates for Capesize bulkers will improve this year - but are still not likely to exceed $12,000 per day
DryShips bags $162M DRYSHIPS confirmed today that it is selling a larger stake in Ocean Rig than previously announced, as George Economou buys 1M more shares for himself
Iran crude cargoes fall IRANIAN crude production has already dropped 7% this year as buyers pull pack, the IEA reported today
GDF Suez to supply LNG for Norway's Gasnor GDF SUEZ has signed a deal to supply LNG by gas carrier to Norwegian LNG fuel distributor Gasnor, IHS World Markets Energy reported today
Worse RCL losses seen SECURITIES firm PhillipCapital said today it expects worse losses for Thai intra-Asia box carrier RCL this year
'Impasse' halts port talks ASCIANO today declared "an impasse" in its port contract negotiations with the Maritime Union of Australia
Opposition to Novorossiysk takeover grows RUSSIAN Railways (RZhD) today reportedly joined the opposition to a takeover of Novorossiysk Commercial Seaport Co by its board chairman
Panamax charters rev up CHARTERING of Panamax bulkers has resumed in earnest, after a slow start this week
Tax breaks give palm oil exports a boost MALAYSIA'S palm oil stocks are at a seven-month low after tax breaks boosted exports in March, the Malaysian Palm Oil Board said
Wilhelmshaven's coal expansion opens IMPORT coal cargoes at Wilhelmshaven are expected to soar following the opening of its Niedersachsenbrücke expansion
Enthusiasm curbed for HK fuel switch SOME SHIPPING groups are considering pulling out of a voluntary switch to cleaner fuels in Hong Kong
Queensland mine to close MINING giant BHP Billiton said it plans to close a key Queensland coal mine, which business leaders fear could lead to a big drop in coal shipments from the state
PETROBRAS adds 4 MR tankers BRAZILIAN oil giant PETROBRAS has taken in three more medium-range products tankers on three-year charters
UPS Launches Expedited Mexico-US Ground Service Package and industrial transportation giant UPS launched an expedited ground freight service linking Mexico and the U.S. as it anticipates...
Boston Gets First Truck Under Clean-Truck Program The first new truck funded by the Massachusetts Port Authority's Clean Truck program was purchased and put into service in...
LTL Truckers to Build Pricing Power, Analyst Says Trucking companies hauling less-than-truckload freight should be able to hold onto the pricing power they've gained over shippers through 2014...
Maher Files FMC Complaint Against NY-NJ Port Authority Maher Terminals has filed a Federal Maritime Commission complaint alleging the Port Authority of New York and New Jersey discriminated...
Asia-Europe Rates Hold Most of April 1 Gains Westbound Asia-to-Europe spot rates eased slightly this week, but held on to most of the 28 percent jump in pricing...
Rate Hikes Push Asia-Europe Carriers Back to Profitability, Bimco Says Container shipping lines have been able to raise Asia-Europe freight rates enough to return them to profitability on the route,...
Foreign Direct Investment Climbs in Korea South Korea attracted far higher foreign direct investment in the first quarter of 2012 as investors positioned to take advantage...
Lufthansa Cargo Traffic Drops 12.6 Percent Lufthansa Cargo carried 12.6 percent less freight in March than a year ago as it sharply reduced capacity in a...
Schenker Starts Houston-Dubai LCL Service DB Schenker this month launched a less-than-containerload service from Houston to the Middle East via Dubai to meet growing demand...
Hapag-Lloyd to Launch New Baltic Service Hapag-Lloyd will launch a new weekly service next month connecting Germany with ports in the Baltic region. The Russia...
Southern California Toll Group Drivers Join Teamsters Union Employee drivers who work for the Toll Group logistics company in Southern California won an historic election Wednesday to become...
MSC Denies Plan for Container Terminal Unit IPO in Singapore Mediterranean Shipping Co. denied it is weighing plans to spin off its global container terminals unit in an initial public...
Zero-Emission Vehicles Vital for Southern California, Official Says If Southern California is to meet federal pollution reduction standards established for 2030, it appears inevitable that the goods movement...
ILWU Dockworkers Can Honor Clerks' Pickets, Arbitrator Rules The West Coast arbitrator who adjudicates labor disputes involving the International Longshore and Warehouse Union and waterfront employers on Wednesday...
OOCL Adds LA, Shanghai Calls on Trans-Pacific Run Orient Overseas Container Line will add eastbound calls in Los Angeles and Shanghai to its Pacific Atlantic Express service beginning...
FMCSA Cracks Down on Unsafe Trucking Operators For the third time in as many months, federal regulators shut down an unsafe trucking company, ordering J&A Transportation out...
Sacci expects trade growth in 2012 According to the latest trade activity index (TAI) published by South Africa's Chamber of Commerce and Industry (Sacci), conditions remain bullish with both the ...
German exports lead the way German exporters are defying the expectations of economists by posting month-on-month gains in overseas sales - albeit in markets outside of the ...
Wan Hai christens another vessel from its order
Tung succession in order at OOCL Andy Tung, currently the chief operating officer of Hong Kong-headquartered OOCL, is to become the liner company's new ceo on July 1, 2012. The move will safeguard ...
CMA CGM joins APL in third rate increase CMA CGM and APL have launched what appears to be a third round of swingeing rate increases in the tradelane from Asia to Northern Europe and the Mediterranean. ...
OOCL reshuffles ports on transpacific offering OOCL has made changes to its transpacific offerings: its Pacific Atlantic Express (PAX) which it runs alongside Grand Alliance partners Hapag Lloyd and NYK, will ...
H-L, MOL and ZIM adjust Europe/West Africa service The group comprising Hapag-Lloyd, Mitsui OSK Lines (MOL) and ZIM Line is taking steps to improve its service linking northern Europe and West Africa. The move will ...
PoA & MUNZ back around the table The Ports of Auckland [PoA] and the Maritime Union of New Zealand [MUNZ] began a two-day mediation process today after pulling back from the bitter productivity ...
Organisations recognised for efforts to reduce diesel emissions 'The demonstrated leadership and efforts put forth by the 2011 award winners will help bring cleaner air and healthier communities to our region.'
Prices lack direction in European bunker hubs Piraeus 'very congested'.
IFO prices firm in Fujairah Low bunker demand in Suez.
Tanker operator counts costs of North American ECA Heidmar estimates it will pay 'an extra $3.7 million each year' in bunker costs.
Russian refiner boosts production of marine fuel Volumes up by 63% in the first three months of 2012.
LNG pioneer signs long-term supply contract Gasnor says deal will allow it to meet' increasing demand' for LNG.
IEA: Crude market 'turning corner' Global stocks may have built by as much as one million barrels per day during the first quarter of 2012, says agency.
Fuel oil stocks drop as arbitrage plummets Singapore onshore inventories at lowest for eight weeks.
Bunker prices generally firm in Asian hubs Singapore players report average demand and good avails.
Petromedia boosts sales team with Asia Pacific appointment Marshall Phoon joins Petromedia from IHS Faiplay.
Singapore establishes joint industry project on LNG bunkering DNV managed Joint Industry Project includes a total of 21 industry partners.
WTSA announces fresh round of rate increases Rate increases as part of efforts to restore revenues.
Supplier 'first' to offer biodiesel to marine vessels in New York Metro Terminals to supply biodiesel and ULSD at Brooklyn, New York from May onwards.
EU to 'consolidate' changes to regulation on double-hull tankers Consolidation to ensure 'no mismatch' between the EU law and international set of rules in the area.
Fuel efficiency in shipping 'growing in importance' Broad focus among operators on 'right steaming', says Norden Chairman Mogens Hugo.
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