Bremerhaven car terminal continues upwards trend The German car terminal operator BLG reported that it handled 520,000 vehicles in its auto terminal in Bremerhaven in Q1/2012, 7.2% more than in Q1/2011. In 2011, a total of 2.05 m...
Australia: first stage of Port Botany rail upgrade completed The upgrade and reconfiguration of the rail yard at Port Botany in Sidney has now been completed. It is part of an ambitious project which will transform the movement of freight ac...
Switzerland: major railway projects on schedule in 2011 According to Switzerland's Federal Office of Transport (FOT), the country's major railway projects remained on schedule in 2011, as they did in preceding years. The deadline and co...
Dunkirk: March results more promising The port of Dunkirk (France) reported favourable results for March (up 2% compared to March 2011), following a somewhat weak February. March 2012 saw the volume of general cargo ri...
24plus tops seven million consignment mark again The German general cargo alliance 24plus logistics network grew substantially in 2011, although the number of partners remained the same. For the first time since 2008, the allianc...
TNT now deploying electric vehicles in Paris Service provider TNT Express has started to deploy Peugeot electric vehicles in Paris. The company is trialling Renault Kangoo ZE vehicles with a range of up 130 km in the city. TN...
Hamburg airport sees less cargo in centennial year of existence Hamburg airport (Germany) reported that its centennial year 2011 was a financial success, resulting in a profit of EUR 49.2 million (2010: EUR 41.8 million). Airfreight development...
Swissport Cargo launches mobile track and trace service Air cargo handling provider Swissport International says it has become the first global independent handler to provide an advanced track-and-trace service for cargo customers and o...
Lufthansa Cargo Charter extends sales reach in the USA Almost a year ago Lufthansa Cargo Charter and Platinum Air Cargo signed a GSA deal, covering the US states of Texas, Louisiana and Oklahoma. Looking back onto a successful year th...
Maersk Shipping's legendary leader dies Maersk Mc-Kinney M'ller, the son of the Maersk shipping company's founder and the doyen of the world's largest shipping group, died yesterday at the age of 98. M'ller was at the he...
Aramex founder to retire as CEO in 2012 Aramex chief executive Fadi Ghandour is set to retire by the end of 2012. Hussein Hachem, who has been CEO of Aramex in the Middle East and Africa regions, will assume the task of ...
Kuehne + Nagel: margin pressure, cost increases and antitrust fine impact Q1 results The giant logistics corporation Kuehne + Nagel reported that, despite further volume growth, its Q1/2012 results were unsatisfactory due to cost increases, lower margins in the fo...
New director general for port of Paris The French council of ministers has chosen Alexis Rouque to be the new director general of the inland port of Paris, with immediate effect. Rouque, who has been a consultant in the...
J.B. Hunt reports record revenues and earnings in Q1/2012 J.B. Hunt Transport Services Inc has announced record Q1/2012 net earnings of USD 67.7 million (Q1/2011: USD 50 million). Total operating revenue for the current quarter was USD 1....
Scandlines hit by newbuilding delays DELAYS in the construction of two ferry newbuildings at Germany's P+S Werften have forced Baltic Sea ferry operator Scandlines to rejig its peak season schedule
Hamburg Süd sees flat rates GERMAN container line Hamburg Süd is bracing itself for another difficult year with moderate volume growth and flat freight rates in its core trades
Lauritzen plans 500-berth unit Lauritzen Offshore is seeking a joint venture partner to place an order for a 500 berth accommodation unit, says Ib Hansen, head of Lauritzen Offshore
CSSC yard reports modest profits ONE of the two listed subsidiaries of China's state-owned shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) today announced modest profits for 2011
Low speed market regains balance THE low speed marine diesel engine market has staged a substantial rebalancing act in recent months, says Ole Grone, senior vice president for sales at MAN Diesel & Turbo in Copenhagen
MPP vessel in sanctions row A GERMAN multipurpose vessel has been pulled from a voyage to Syria by its owner/manager in the Eastern Mediterranean due to fears over a sanction breach
Teekay drops down 13 tankers TEEKAY Corp will sell seven crude tankers and six product carriers to subsidiary Teekay Tankers in a transformative deal for both NYSE-listed companies
CSX Posts Record Earnings CSX boosted first quarter revenue 6 percent year-over-year to nearly $3 billion despite volume rising only 1 percent, exemplifying the...
FMC Seeks Public Comments on NVO Service Agreement Changes The Federal Maritime Commission is seeking public comment on possible changes to NVOCC service arrangements, which allow non-vessel-operating common carriers...
Virginia Container Volume Up 4.4 Percent The Port of Virginia handled 166,719 twenty-foot-equivalent units of containers in March, an increase of 4.4 percent from a year...
Retailers Press USTR on Footwear Tariffs The Retail Industry Leaders Association urged U.S. Trade Representative Ron Kirk to utilize the Trans-Pacific Partnership negotiations as a vehicle...
Indexed Freight Contracts on the Rise In the current volatile freight rate environment on the major east-west trade lanes, shippers and carriers are slowly beginning to...
Containerized Exports Jumped 9.6 Percent in February U.S. containerized exports in February rose 9.6 percent from a year earlier, driven by strong gains in paper and paperboard,...
Rotterdam Box Traffic Slips 4 Percent Rotterdam's container traffic declined 4 percent in the first quarter of 2012 from a year earlier to 2.8 million 20-foot...
Hamburg Sud Revenue Climbed 7 Percent in 2011 Hamburg Sud's revenue grew 7 percent in 2011 from a year ago to $6.64 billion, driven mainly by a 9...
Drewry, CargoSmart to Launch New Container Metrics Drewry Research and CargoSmart are joining forces to publish a wider range of key performance indicators aimed at helping importers...
Hapag-Lloyd to Raise East Asia Rates Hapag-Lloyd will impose a new round of general rate increases on its East Asia services, starting May 15. The...
CEVA Adds Intra-Asia LTL Services Netherlands-based logistics provider CEVA is extending its Asian cross-border road freight services to include less-than-truckload services. The new...
US Demand to Drive China Exports, Economist Forecasts China's export sector has not turned recessionary and will recover later this year on the back of strong U.S. demand,...
Intermodal South America breaks one-day record A record one-day attendance at the Sao Paulo, Brazil-hosted Intermodal South America fair and exhibition last week was also the scene of some lively debates and ...
Sidler: forwarders' share to rise
Global Liner Shipping Conference: bunker costs and rate volatility main challenges Soaring bunker costs, increasing rate volatility and new environmental regulations are the main challenges for the container shipping industry - and crucial in ...
MISC completes liner exit Malaysian shipowner, MISC Bhd. has advanced its departure from liner trades by two months with the imminent termination of its last intra-Asia services, thus completing a ...
Alliance forces Evergreen's hand towards ULCS behemoths Despite Evergreen founder and chairman, Chang Yung-fa's oft-remarked reservations about the utility of mega containerships, the Taiwan carrier has made an about ...
Bareli: no news?
Schedule reliability continues to improve Global ocean carrier schedule reliability improved from 78% in February to 79% in March based on containers arriving within a day of schedule, according to SeaIntel ...
TT Club income depressed by 'catastrophic' incidents The TT Club, a mutual insurer of transport equipment and logistics risk, has posted a substantial drop in profits for its 2011 fiscal year after what Charles Fenton, ...
NAT admits sagging values Herbjorn Hansson-led listing tells US regulators 19 of its 20 ships aren't currently worth their carrying price.
Euronav tanks on earnings Belgian owner let down by tankers again, with TI-based VLCCs earning $24,000 per day in first quarter.
Boskalis bags Ichthys deal Dutch dredger scores $260m contract for work on giant Aussie LNG project.
Debut cruise cut short Newly refurbished Saga vessel hit by engine trouble in Spain during maiden voyage.
NSCSA confirms bulk order Saudi tanker owner branches out with order for five bulk carriers.
Solstad enters Bibby charter Oslo-listed company signs bareboat deal with Bibby Offshore with option to buy.
Action over Ozge clash Wife of missing trawler skipper files complaint in French court following alleged collision of boat with Turkish tanker.
Skaugen inches back to black Oslo-listed chemical tanker owner returns to positive territory despite Middle East uncertainty.
CSC Phoenix heads for loss Chinese owner says it was hurt by rising fuel price and low bulker rates in the first quarter.
Time to buy Yangzijiang Analyst says investors should get a slice of Chinese yard before its share price rebounds.
Cosco eyeing state help? Hong Kong-listed group denies decision has been made on whether to apply to Chinese finance ministry for $1.6bn cash injection.
STX into Canada Korean yard group to offer technical help to Seaspan Vancouver as it prepares for massive state orders.
Chinese eye 3 Maj Croatian government in talks with Jiangsu investment fund over disposal of loss-making yard.
TGP turns to Oslo for funds New York-listed company swells the ranks tapping Norwegian bond market.
Prices continue to fall across the board Average demand and healthy avails in Hamburg.
Obama in bid to crack down on oil market manipulation Report suggests speculators trading in crude oil inflate oil prices by as much as 40%.
Prices mixed in Middle East Good bunker demand reported in Suez.
O.W. Bunker launches Marine Lubricants Division New division will be headquartered in Piraeus with further offices to open globally over the coming months.
Repsol share price hit by YPF takeover Spain threatens economic retaliation against Argentina.
Commodity trader seeking $470 million credit facility Major Swiss-based fuel oil trader said to have hired banks to help arrange a $470 million revolving credit facility.
Evergreen to charter fuel efficient 'mega-ships' Lower operating costs will 'significantly enhance Evergreen's competitiveness'.
Asia bunker price drop prompts buying Strong demand as prices soften.
Saudi tanker firm posts 168% increase in Q1 profit Implements slow steaming and route adjustments to curb the 23% increase in bunker costs, says CEO of NSCSA.
Chinese bunker supplier's profit declines 47% in 2011 Andatee reports lower-than-expected profit on 'significant' decrease in demand in Q4.
Environmental regulations spurring research, innovation Design envelope 'pushed in every direction' amid greater demand for ship efficiency, says BIMCO's Watchkeeper.
Tanker market 'yet' to make upward turn High freight rates could provide incentive to activate additional tonnage by raising sailing speeds.
LNG starts to challenge traditional bunker fuel in China Local shipping group set to modify ships to use a hybrid of LNG and gasoil.
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