GAC International Moving opens new office in Bangalore
George Joseph elected President, Ashish Pednekar Senior Vice-President for 2012-14
My key takeaways on this journey have been the relationships that I have nurtured, the knowledge that I have gleaned, the opportunities Ive had to ideate and to see those ideas put in action and to be an agent for progressive change
Broadening production-supply gap triggers surge in rubber imports
Organic textile exports to touch INR 1,500 cr. in FY13: Apeda
East coast ports cargo traffic set to grow
KoPT, ABG Haldia reach agreement on optimum utilisation of Haldia berths
Haryana planning cargo airport at Meham
Infra companies cut back on highway projects
INR turns weak after hitting 3-week high on fresh dollar demand
Australia publishes first national land freight strategy The Australian minister for infrastructure and transport has presented the first national land freight strategy for the period up to 2030. The long-term blueprint aims to establish...
New general manager for Vietnam Airlines Germany Nguyen Quoc Phuong became the new general manager of the affiliate of Vietnam Airlines in Germany in July 2012. He succeeded Nghiem Van Khanh who had held the post since 2006. Phuo...
Truck driving - an increasingly unattractive profession A study compiled by the German vehicle manufacturer ZF Friedrichshafen AG has discovered that the negative image of road haulage operations could actually slow down the growth of t...
Contargo Rhine-Main terminal moving from Mainz to Ginsheim-Gustavsburg The Contargo terminal in Mainz (Germany) has moved to Ginsheim-Gustavsburg, around 6 km away. The new container terminal covers an area of 16,000 sqm and has 160 m of quay wall and...
CMA CGM reports Q2/2012 increase in revenue and volumes The French shipping company CMA CGM reported that its Q2/2012 revenue rose by 12% year-on-year to USD 4.149 billion, reflecting a sharp acceleration in business growth. In all, 2.7...
ACG Air Cargo Germany increases fleet Air Cargo Germany, based in Hahn (Germany), will augment its B747-400 freighter fleet by two additional Jumbos. Both aircraft are extended range freighters (ERF) that are equipped ...
IRU NELTI-4 to be launched in the LAS region Phase 4 of the International Road Transport Union's New Eurasian Land Transport Initiative (NELTI-4), in partnership with the Islamic Development Bank (IDB) and the Arab Union of L...
Qatar Airways awards ULD and galley equipment maintenance contract to CHEP Aerospace Solutions Qatar Airways has appointed CHEP Aerospace Solutions to maintain and repair its worldwide fleet of unit load devices (ULDs) and galley cart equipment under a five-year contract. CH...
Cargolux intensifies its eCargo ambitions with CHAMP CHAMP Cargosystems has attracted the Luxembourg-based airfreight carrier Cargolux as a customer for its Traxon "cargoHUB" and "cargoWEB+" applications. These IT...
Logwin opens new facility in Bucharest The Grevenmacher (Luxembourg)-based logistics service provider Logwin reinforced its presence in Eastern Europe by opening a new branch office Bucharest (Romania) in July. The comp...
DB Schenker growing in Austria and Eastern Europe Despite the economic crisis and fewer goods to process, the German service provider DB Schenker reported strong growth last year in Austria and Europe's southeastern region, which ...
Damco moving headquarters to The Hague, Netherlands Damco, the logistics arm of the Danish container and bulk shipping giant Maersk, is moving its headquarters from Copenhagen to The Hague (Netherlands). The move, which should be co...
Panama appoints new chairman of Panama Canal Authority Jorge Quijano was sworn in as the head of the Panama Canal Authority (PCA) on 4 September. He has replaced Alberto Aleman Zubieta who held this position for 16 years. Quijano's car...
VLCC tonne-mile demand rises despite Obama blow to US trade Carriers will take Atlantic basin cargoes from smaller tankers
China will still import LNG as it ponders shale gas extraction Country that boasts the world's largest reserves will continue to buy abroad for now
New LNG trade patterns emerge as Norway sends first cargo to Chile Trade highlights evolution of liquefied natural gas shipping
Northern Europe's missing link The Gulf of Bothnia plays an important transport role for Swedish and Finnish raw materials, but campaigners say it needs a 270 km rail line
Costs fuel concerns over freight returning to the roads Fears that cargo could shift across the bay of Bothnia to the Norwegian port of Narvik, which would fall outside the SECA regulations
Lack of funding and interest sank MarAd's double hull study Report on economic, environmental and operational feasibility of double-hulled ships 'was not cancelled, but was allowed to expire'
View on scrubbers is shortsighted at best Scrubbers can and will be able to offer compliance and will save money too
Demolition rises as deliveries continue Weak demand for smaller, less efficient tonnage will drive owners to scrap
Delos emerges as suitor for Omega after unsecured creditors launch fresh offensive Chapter 11 drama continues as Delos ponders bid
Allied Maritime faces likely court 'end-process' Hopes that Greek charterer could avoid bankruptcy dry up after putative rescue package collapses
CSAV weighs up two ship sizes Chilean line considers newbuild options
Pressure group halts Northern Vitality scrapping Vessel stays berthed at Wilhelmshaven for the time being
Private equity renews interest in German shipping Pricing gap between what private equity is offering and what banks are prepared to accept
Clean technology will cut owners' fuel bills Cheaper to remove pollutants at sea than to buy low sulphur fuel, says expert
DFDS cancels P+S newbuildings Bankrupt shipyard breached terms of its contracts, claims ferry operator
Multiple antitrust probes expose car carriers to repeat fines Regional competition authorities conduct separate inquiries
Heavy odds Everyone has an interest in more accurate box weight measurements
US drought not as bad as expected Department of Agriculture crop forecast beats analysts' expectations
A third of ships are exempt from safety and pollution rules Smaller vessels escape regulation, Equasis data shows
Diminishing summer ice offers greater use of Arctic waters Experts suggest there could be ice-free summers in the Arctic as early as 2030
Laskaridis completes second northern sea route passage Nuclear icebreaker accompanied reefer during one-week transit
Costa Concordia inquiry berates absence of emergency procedures Leaked pre-trial report slams captain for delaying evacuation for over an hour
Noatum seeks port acquisition opportunities Investor aims to build on its existing portfolio of Spanish container, car and breakbulk facilities
Keep on moving ILA brinkmanship will spread the pain
Check box weights in the terminal, says Bromma IMO to debate mandatory weighing of containers next week
Korean Register opens new Busan headquarters More than 400 guests at ceremony
Shanghai's throughput slides World's largest container port handled 2.6m teu in August, down 7% on year
NOL sends boxship for demolition Lines scrap smaller, older vessels to take delivery of more efficient ships
Change flag to avoid MLC problems STATES that have not ratified the Maritime Labour Convention 2006 (MLC) could cause problems for ships sailing under their flags, warned Natalie Shaw, employment affairs director at the International Chamber of Shipping (ICS)
Sekimizu: ratify ballast water convention now THE SHIPPING INDUSTRY should encourage flag states to ratify the Ballast Water Management Convention, IMO secretary general Koji Sekimizu told the International Chamber of Shipping's London conference yesterday
Polish/Croatian LNG cos ink deal POLAND'S Gaz System and Croatia's gas transmission system operator, Plinacro, have today signed a 'declaration of cooperation' that will link up two LNG terminals in the respective countries that will go into operation in the coming years
Piracy: complacency is the enemy THE fall in piracy incidents off Somalia should not be treated as an excuse to become complacent, successive speakers warned delegates at the International Chamber of Shipping's conference in London yesterday
Boyden initiates tanker coverage GLOBAL Hunter Securities analyst Natasha Boyden today debuted coverage of the tanker sector and predicted a possible rate revival in mid-2013
EC prepares "Blue Growth" plan MARITIME, coastal and cruise tourism has been singled out by the European Commission as an economic sector offering particular growth potential over the current decade to 2020
Forwarders expect greater activity FREIGHT forwarders in Europe expect shipping and intermodal activity to rebound in October after several lacklustre months, according to a survey by Danske Bank
DFDS dumps ro-ro newbuilds RESCUE prospects for Germany's insolvent P+S shipyards turned sour today on news of a contract withdrawal by one of its major customers
EU Sulphur Directive approved THE European Union's revised marine fuels sulphur directive can be expected to come into force in a matter of weeks, Fairplay was told today
Whistleblower awarded in magic pipe case A FILIPINO oiler was awarded $150,000 for providing evidence against Cleopatra Shipping Agency for illegally dumping bilge waste
Russian containers to outstrip GDP growth RUSSIA'S container business will continue to grow faster than the economy, with container terminals doing better financially than either oil, petroleum or grain export terminals, according to a report by a transportation analyst at Uralsib Bank in Moscow
St. Lawrence Seaway Traffic Rises 6.8 Percent Strong iron ore, cement and coal shipments boosted volume nearly 6.8 percent year-over-year on the St. Lawrence Seaway in August. ...
Strong Growth in US Agriculture Exports Forecast U.S. agricultural exports should remain strong for many years because of the growing demand for food in developing nations, but...
DOT Freight Policy Council Seeks Industry Views Determining ways to measure the conditions and performance of a national freight work emerged as a top priority for the...
Maritime Unions Pledge Solidarity Two U.S. longshore unions, three of their affiliates, and the Marine Engineers' Beneficial Association have formed a new organization to...
Truckload Spot Market Volume Rose in August The volume of truckload freight offered on the spot market rose 1.1 percent in August from July and increased 8.4...
DP World Selling Antwerp Breakbulk Terminal Dubai's DP World is selling its breakbulk terminal in Antwerp to focus on its core container operations at the Belgian...
PSA International Ranked Top Container Terminal Again The global container terminal rankings, currently headed by Singapore's PSA International, face a major shake up amid renewed merger and...
August TEU Volume Is Savannah's Second-Highest The volume of containers handled by the Port of Savannah in August jumped 13.8 percent year-over-year to 270,610 20-foot-equivalent units,...
Shipowners Will Pay Premium for Eco-Ships, Analyst Says The latest engine and hull designs for container ships are so fuel-efficient and save so much money that shipowners are...
Hapag-Lloyd Adds Call to Mediterranean-Canada Service Hapag-Lloyd will upgrade its Mediterranean-Canada Service with an additional eastbound call at Lisbon, Portugal, starting in October. The new...
China looking for 'fast and stable growth' Chinese premier Wen Jiabao sought to rebut the gloomy statistics that suggest that the country is in for a hard economic landing when he spoke at the World Economic ...
Charter market for boxships expecting more pain There are a significant number of chartered boxships scheduled for renegotiation / redelivery within the next three months and with ocean carriers pruning back ...
Bunker prices near Q1 danger levels The price of bunker fuel has crept back up close to a level that was blamed - in equal measure with low freight rates - for the disastrous first quarter postings ...
Delmas stops some DRC bookings Delmas, which is the specialist arm of CMA CGM serving Africa, has stopped accepting cargo for some Democratic Republic of Congo [DRC] locations owing to severe ...
Marine fuel tax exemption in California to continue Ocean carriers who use California's ports will welcome the news that state Governor Jerry Brown has signed law legislation that will extend a partial sales tax ...
Consolidation on the horizon for intra-Asia trade Lars Jensen, ceo and partner of Copenhagen-based research and consultancy group SeaIntel Maritime Analysis believes that consolidation and larger ships are on the ...
Broker outlasts Allied Maritime A German firm that served as Allied Maritime's shipbroker for nearly three decades has survived the collapse of what had been its largest client.
Claimaints swarm Flaminia Lawsuits against the disabled MSC containership Flaminia are starting to stack up in the Southern District of New York.
More trouble for Rongsheng China Rongsheng Heavy Industries has been slapped with a law suit after it dropped a bid for engine marker Anhui Quanchai.
Billion dollar men Billions of dollars in private equity cash is lined up and ready to invest in the shipping sector, the industry's most famous newcomer says.
Save our shipyard! Union leaders at STX France have urged the government to take over the yard to safeguard jobs.
Iran turns to Labuan Iranian oil is being transhipped close to a well-known vessel lay-up spot in its latest effort to dodge US sanctions, Reuters claims.
Roose eyes cargo niche Four former Clyde & Co lawyers have formed a new London legal operation to target cargo insurance business.
Boyden tips bounceback A rebound in the depressed tanker market could be only 12 months away, Global Hunter Securities says.
India steps up security India is to deploy armed Central Industrial Security Force (CISF) personnel on its merchant ships to combat piracy - for a fee.
SCF cut by costs Sovcomflot's earnings dropped by just over a fifth in the first half despite revenue and operating numbers showing a slight improvement.
Seafarer electrocuted A Lebanese crew member has died after being electrocuted on an Abou Mehri Lines cruiseship off Cyprus.
DFDS pulls P+S duo Insolvent German shipyard P+S Werften has suffered a big blow after DFDS cancelled two contracts for ro-ro newbuildings.
Short and sweet A Chinese stimulus plan will not open the door for a spike in dry-cargo rates but it has created an opening for investors, a leading analyst says.
Torm tanker attacked Quick action by the captain of a Torm tanker has saved it from a hijacking by pirates off Nigeria.
Fugro out of EMGS Fugro has offloaded its entire holding in Oslo-listed seismic outfit Electromagnetic Geoservices (EMGS).
Too fast, too close Costa Concordia Captain Francesco Schettino took his doomed ship too close to the shore at too great a speed, according to a report submitted to an Italian court.
Odfjell eyeing bonds Odfjell may be about to re-enter the bond market for the second time this year, according to reports circulating in Asia.
Golden grabs bond slice Golden Ocean has laid down $5.9m to purchase a large chunk of a convertible bond due to mature later this year.
Cruise numbers jump The number of cruiseship passengers worldwide soared by 10% in 2011, according to new industry figures.
One to go for MISC MISC looks to have offloaded the last but one its fleet of sixteen containerships, according to brokers.
Whistleblower gets half Greece's Cleopatra Shipping Agency has been fined $300,000 after admitting dumping oil from a bulker off the US.
Japan rising New bulker orders are proving key to Japanese shipyards as they look likely to over-take Chinese rivals.
Iraq deal for Boskalis Boskalis joint venture Smit Lamnalco has secured an offshore project in Iraqi waters potentially worth over $200m.
Indian port goes online India's deep sea port of Krishnapatnam is poised to receive its first regular container service this month.
NOL scraps boxship Neptune Orient Lines (NOL) has scrapped an elderly containership in advance of the delivery of the first in a series of newbuildings.
Air China starts cargo flights to Amsterdam The new Boeing 747-400 services will initially operate five times weekly from Shanghai, via Chengdu or Chonqing. The flights return via Tianjin. The airline has slots for up to 10 flights per week from Amsterdam.
MarAd ends plan for double-hull tanker study The agency has withdrawn a solicitation for a study on the "safety, economic and environmental issues of vessels with double hulls" due to a "lack of available funding and interest," a spokesman said.
iPhone 5 expected to soak up air freight capacity
Companies reveal plan for energy-efficient barge The EcoLiner could haul bulk commodities or containers and its developers said "we expect this new concept to appeal to shippers of consumables particularly, oil companies and logistic operators keen to get their cargo off the roads."
Port of Virginia gains TEUs in August
MSC joins up U.S. East Coast-WCSA loops
Ti, Hanover Fox boost logistics recruitment
Le Groupe La Poste acquires ORIUM The combined e-commerce logistics firms will offer a network of 18 European distribution centers, access to the Reflex warehouse management system, a European contact center, and extensive transport services.
Chinese demand supports Asian fuel oil market 'As always the Chinese buyer is extremely price sensitive, if we had a slightly softer flat price we would have seen a quicker take up, so buyer and seller are still haggling over the price point.'
Fuel leak in Alaska confirmed Spokesman confirmed that a temporary seal had been put on the fracture and a small quantity of fuel was still leaking, but being contained on the barge deck.
Prices lack direction in Fujairah Tight avails in Fujairah.
IFO prices soften in Rotterdam Customs officials strike in Piraeus.
New strike at Trinidad refinery Production disrupted for second time in just over a week as workers stage walk out.
Japanese refiner reassures bunker players Supplies of marine fuel will not be cut by refinery closure.
Ballast water: 'An issue the shipping industry cannot escape' 'The success of the shipping industry should not be achieved by threatening the very element that sustains it,' says IMO secretary-general.
Sovcomflot's profits fall Bunker prices, weak demand and newbuilding deliveries all blamed for lacklustre performance.
Fuel oil stocks at five-week high Chinese fishing fleets resume demand for distillate marine fuel.
Operations inside ECAs could double by 2020 Potential new ECAs would have a big impact on ships' global operational profile.
Novorossiysk bunker player posts 36% lower profit NCSP's bottom line affected by foreign exchange losses.
IFO prices show little movement in major Asian ports Supplies of bunker fuels 'fine' at key Asian ports on Thursday.
Dan-Bunkering hires trader for Beijing office Dena Kong joins the company with effect from August 13.
BP Marine looks at ECA options Predicts 'vast majority of ships' will choose MGO for ECA operations in 2015.
SEEMP - A new strategy to reduce bunker bills Introduction of SEEMP into operating procedures could mean significant savings across entire fleets.
Polar sea routes have capacity to reshape world trade Academic says that the impact of the polar sea routes will be significant.
Singapore bunker sales at six-month low Higher bunker prices and lower vessel arrivals impact sales in August.
Tankers 'storing Iranian product' off East Malaysia Titan says it was told the cargoes were from India.
Costlier ECO newbuilds 'commercially viable' Fuel savings make ECO tankers a viable investment, says Bimco.
Malaysia starts 'aggressive plan' to attract oil firms Country aims to triple Johor-based storage.
Bunker spill cleanup in Singapore nears end No oil patches observed in the affected waters on Wednesday afternoon, says MPA.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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