Brunswick Rail signs partnership agreement with Novokuznetsk railcar-building enterprise Brunswick Rail, one of Russia's leading railcar operating lessors, has formed a strategic partnership with the Novokuznetsk Car-Building Enterprise (NCBE). Under the agreement, NCB...
Geodis Wilson Kelsterbach gets new branch manager Geodis Wilson has selected Georg Stassen to manage its Kelsterbach (Germany) branch that was established two years ago. At an earlier stage in his career, Stassen was regional mana...
Krone sets up a branch office in Budapest Hannes Nachtelberger is to manage trailer maker Krone's new branch office in Budapest. The facility, which offers a wide range of services, will manage sales in Hungary, as well as...
Geto wants to step up initiatives for trans-Siberian traffic At its recent annual general meeting, the association of European trans-Siberian operators and forwarders (Geto) announced that it wants to attract increasing amounts of cargo to t...
Krone Trailers has expanded in Ireland Krone Trailers UK now offers a direct sales service to operators in Ireland. The full complement of Krone trailers, which is now available direct from the UK sales team, includes t...
Mahindra Navistar celebrates its 5,000th truck roll-out from Chakan India's Mahindra Navistar Automotives Limited (MNAL) has announced the roll-out of its 5,000th truck from its state-of-the-art plant at Chakan near Pune/Maharashtra. The company r...
Iata urges Icao solution on economic measures for climate change The International Air Transport Association (Iata) reiterated its call for a comprehensive global solution on aviation emissions to be negotiated through the International Civil Av...
Amsterdam port appoints agent in India During Amsterdam's recent trade mission to India, the Dutch city's port signed an agreement with the Samsara Group, a major shipping agent with 54 offices in India. Samsara has bee...
Grimaldi Group doubling its Brindisi-Igoumenitsa-Patras service The Naples (Italy)-based Grimaldi Group is set to deploy a second vessel on its service between southern Italy and Greece, as from 2 July. The additional ship, which will boost the...
Supermaritime to build new breakbulk terminal in Zeeland The Dutch group Supermaritime is to build a breakbulk terminal in the Scaldiahaven in Vlissingen. The new terminal will become operational in the autumn and offer a 375 m qua...
Cargo aircraft loss in Latin America According to the Aviation Safety Network, a Swearingen SA227AC Metro III cargo plane went missing over Rio de la Plata during a flight from Montevideo-Carrasco airport (MVD) to Bu...
Boeing delivers first direct-order airplane to Avolon US plane maker Boeing and Avolon recently celebrated the first direct-order airplane delivery to the Dublin-based leasing company. Avolon took delivery of the first of twelve next-...
Spedlogswiss: Kurrus presiding for another year Spedlogswiss (the association of Swiss forwarding and logistics companies) recently held its 92nd annual general meeting (AGM) at the Swiss museum of transport in Lucerne. During ...
Militzer & Mü'nch signs up new strategic partner in USA Eurasia, North Africa and now stepping up business in North America - Militzer & Mü'nch, the international transport logistics service provider based in St Gallen (Switzerland),...
Mainfreight opens new air and sea branch in Le Havre Yesterday (11 June 2012), the New Zealand-based logistics group Mainfreight phased in a new branch office in Le Havre (France). The new air and sea branch has started with import g...
Maritime analysis offered SWEDEN'S biggest shipping consultant has set up a new independent business.1179049.timg
FreeSeas defaults on a second newbuilding NASDAQ-listed FreeSeas today confirmed it has defaulted on its second newbuilding and secured loan amendments from Credit Suisse
China's an exception on US Iran sanctions THE US has exempted seven more countries from its sanctions on Iranian oil purchases, with China the only major importer susceptible to possible penalties at the end of the month
Shipping groups await Tokyo move on Iran JAPAN'S MOL and 'K' Line told Fairplay today they are waiting for clear-cut word from Tokyo on Iranian crude imports
VLCC sector fundamentals remain fragile WHILE VLCC earnings are today in positive territory, fragile fundamentals continue to challenge the sector
German owners want pay subsides resumed SUBSIDIES for wages of crew and trainees on German-flagged vessels should be resumed quickly to prevent more reflaggings, VDR has warned
US PierPass fees to increase annually THE TRAFFIC mitigation fee charged at Los Angeles/Long Beach will increaseby 2.5% to cover expenses of the PierPass off-peak programme and be adjusted annually thereafter
Eurotunnel ferries could sail by August EUROTUNNEL told Fairplay today its newly acquired former SeaFrance vessels could be sailing in the Dover Strait as early as August
Two arrested in Mauritius TWO EX-officials with the Mauritius Ports Authority were reportedly arrested today and questioned in the Boskalis dredging bribery case
60,000 Greek shipping jobs imperiled GREEK shipowners who remitted more than $175Bn in untaxed earnings to Athens over the past decade have reportedly threatened to relocate their businesses if a new government scraps shipping's fiscal exemption
VLGC earnings exceed $50,000/day FALLING bunker prices have resulted in owners of VLGCs making at least $50,000 per day, about one-fifth more than in April
Pressure seen for SCF's cashflow SOVCOMFLOT has issued first-quarter operating results showing that the government-owned tanker group's revenues and earnings rose on a year ago, but also that cashflow is under pressure
Palm oil supply tightens PALM OIL supply could tighten in the lead-up to Ramadan in July and the end of the fasting period in August, UOB Kay Hian Securities has warned
Restraint urged as MR tanker orders rise UK BROKER EA Gibson has urged restraint in medium-range products tanker investments, as rising optimism has resulted in more contracting
South Korea, Japan to buy more LNG COMPANIES in Japan and South Korea have firmed up more LNG from their usual suppliers, said Erik Nikolai Stavseth, shipping analyst at Arctic in Oslo
Virginia Container Volume Jumps 12.6 Percent The volume of containers handled by the Port of Virginia in May jumped by 12.6 percent to 178,584 20-foot-equivalent units...
ILA, USMX to Resume Labor Negotiations The International Longshoremen's Association and United States Maritime Alliance are scheduled to resume negotiations when the ILA's wage scale committee...
Global Port Tracker Forecasts Strong Peak Season Imports Containerized imports will increase gradually during the summer months and are projected to rise sharply in September and October, according...
JOC Container Shipping Conference 2012 This year's JOC Container Shipping Conference took place in Shanghai, China, in early June, bringing in hundreds of attendees representing...
PierPass Traffic Mitigation Fee to Rise 2.5 Percent Terminal operators in Los Angeles-Long Beach on Aug. 1 will increase the PierPass traffic mitigation fee 2.5 percent, or $1.50...
Carrier Revenues Lag China Containerized Freight Index Ocean carrier revenues have failed to keep pace with the 50 percent surge in the China Containerized Freight Index since...
St. Lawrence Seaway Volume Rose 5 Percent in May North American steel and construction demand, along with international iron ore and coal traffic, boosted volume on the St. Lawrence...
Teamsters to Focus on Wages in Early Talks With UPS An early start to negotiations with UPS will allow the Teamsters union to focus on discussions over job security, wages,...
Lufthansa Cargo Volume Slumps 12.3 Percent Germany's Lufthansa Cargo carried 12.3 percent less freight in May than a year ago as Europe's largest scheduled cargo carrier...
APMT Places Second Crane Order for Rotterdam Expansion APM Terminals ordered eight Kalmar post-Panamax ship-to-shore cranes and two Kalmar barge quay cranes for expansion of its Maasvlakte II...
Manitoulin Group Expands in Western Canada Manitoulin Global Forwarding, an international freight forwarder is expanding in western Canada, acquiring Can-Tran International of Leduc, Alberta. Can-Tran...
Eurotunnel Enters Shipping Business Eurotunnel, operator of the undersea rail tunnel between France and the U.K., is making its debut in the shipping business...
Maersk Line Names New CFO Maersk Line said it promoted Jakob Stausholm, currently chief of strategy & transformation, to take on additional responsibilities as chief...
CSAV to Hike India-Europe Rates Chilean container carrier CSAV will impose a general rate increase on westbound trade from India to Europe and the Mediterranean....
Italian imports fall 9% There is more worrying news for Asia - Europe plying ocean carriers approaching the make-or-break peak season period with evidence of yet another key European economy ...
Schedule integrity equals on-time box delivery?
Bunker costs back down After briefly rallying yesterday on the coat tails of Spanish bail-out temporarily buoyed stocks, bunker prices lost ground again today falling by USD9 per tonne ...
CT introduces ecoFORWARD technology Carrier Transicold (CT), which is a leading designer and manufacturer of machinery and systems for reefer containers and trailers has launched new units and generator ...
'Cranes of the future' for APM T's new Rotterdam terminal APM Terminals has placed an order with the Austrian-based company Kuenz for 26 automated rail-mounted gantry cranes and two rail cranes for its new terminal being ...
Maersk Line CFO quits A member of Maersk Line CEO, Soren Skou's new executive management team, CFO, Peter Ronnest Andersen, will leave the group next week to be replaced by the hitherto ...
Bromma sells 2,000th electric spreader Stockholm-based Bromma has reached a milestone with its all-electric spreader, selling its 2,000th unit since its launch a decade ago; and confirming the phenomenal ...
Kenya targets Somali port city Prime Minister Raila Odinga solicits aid from EU Navfor as nation gears up for 'final onslaught' against Islamic militants.
All eyes on Oman Market monitoring Malaysian utility deal as sultanate's appetite for liquefied gas investments takes centre stage.
Yinson clinches upgrade Malaysian investment bank endorses shares of Kuala Lumpur-listed offshore owner following $737m FPSO deal.
Posidonia revisited Equity analyst explores politics, real estate, asset values, thirsty 'old ladies' and ouzo on the heels of Athens exhibition.
Strictly business Novoship corruption trial hears Yuri Nikitin quizzed on why he would introduce Venezuelan rival Wilmer Ruperti to Russian cargo owners.
BWO bags Statoil deal Oslo-listed FPSO player pens five-year contract to operate Norwegian oil firm's newly acquired unit in Brazil.
FREE newbuilds cancelled Yangzijiang cans bulker brace after Nasdaq-listed owner fails to post final cheque for $50m pair.
Kim Eng backs Ezion Another analyst gives the Singapore-listed offshore owner the thumbs up.
Damen builds in Cape Town Dutch shipyard group's South African plant wins tug and cutter deal from Transnet.
Restis calm on tax change Greek owner shrugs off fears regarding a potential tax hike for shipping companies in his homeland.
Yuanlin helps the aged Yangzijiang shipyard chief gives away his $750m shareholding to foundation for Chinese senior citizens.
One hurt in davit collapse Steel boat-launching structure topples over cruiseferry in Finnish port of Kotka.
Trio blessed with buy tags Share price reversals at Teekay Tankers, Tsakos Energy Navigation and GasLog draw upgrades from DNB Markets.
Kreuz nets big subsea catch Singapore listed outfit reels in $142m deals for South East Asian work.
Desgagnes wins guarantee Croatian government steps in to ensure delivery of boxship/ferry from bankrupt Kraljevica shipyard.
Brittany to chop sailings French operator facing up to tough competition by reducing crossings and cutting staff benefits.
Maersk-Rickmers loads cargo in Milwaukee Maersk-Rickmers U.S. Flag Project Carrier said its heavylift ship Maersk Illinois was the first U.S.-flag ship to load cargo for an overseas destination in Milwaukee in more than 30 years. The cargo of rope shovels is destined to Siberia.
Washington Notebook: Commerce secretary takes medical leave
FMC's Dye calls for U.S.-Canada regulatory harmonization
JustEnough, enVista partner on planning
Maersk Line CFO to leave
LA/Long Beach ports traffic mitigation fee up 2.5% Effective July 1, the fee will be increased from $60 to $61.50 per 20-foot container and from $120 to $123 per 40-foot container, said the West Coast Marine Terminal Operators Agreement (WCMTOA).
G6 carriers switch Le Havre call
Asia-West India WIN loop raises capacity 30% The ocean carrier NYK, along with partners Hanjin Shipping and Evergreen Line, have raised capacity on their weekly Asia-Indian subcontinent WIN loop by increasing the size of the vessels.
Performance Team transloads in Charleston The third-party logistics provider officially opened its new container transloading facility at the South Carolina port to shuttle cargo from ocean containers to truck trailers for distribution throughout the Southeast.
Fujairah market sees prices soften South African markets see prices rise.
North European bunker prices resume fall Prices in Southern Europe lack direction.
Salvage work begins close to Singapore bunker anchorage A safety boat is being deployed to advise all craft to keep clear of the working area.
Alaska bunker spill smaller than feared Vessel remains surrounded by booms.
Singapore moves to cut imports of Iranian product Breaching Western sanctions could hit Singapore's financial system.
Bunker spill 'could have been much worse' Gibraltar mobilises port's Oil Spill Contingency Plan.
Potential fuel savings from software products 'astronomical' ABB to unveil 'full suite' of fuel saving software products that can slash fuel consumption by 20%.
MPA advisory may help prevent bunker surveyor 'boycotts' DNVPS welcomes increased transparency to 'prevent hiccups in the process'.
Asian bunker prices weakening once again Supplies of bunkers at key Asian ports fine on Tuesday.
German shipowner fined for leaking fuel off South Africa Crack in heavy fuel oil tank caused leakage during bilge discharge, says Reederei NSB.
South Korea to develop Green Ship verification standards Anticipates demand for testing and certification services.
'Alarming frequency' of bunkers with high cat fines Excel Maritime subsidiary says it sees cat fines of above 60 ppm 'three out of ten times' in its daily operations, says spokesman.
INTERTANKO issues reminder on North American ECA Association 'strongly' advises operators to plan in advance.
Matson lowers fuel surcharge Bunker fuel prices 'have moderated recently', according to company official.
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