Afghan carrier to start domestic services Starting tomorrow (16 June), the privately owned Afghan carrier Safi Airways is launching domestic services. The airline will operate a daily Kabul-Herat link and a thrice-weekly K...
Transaero serving second airport in Kiev From today (15 June), Transaero is moving six of its 21 weekly Moscow Domodedovo ' Kiev Borispol services to Moscow Domodedovo - Kiev Zhulyany airport. The existing late-night Mosc...
System Alliance Europe honours partners At the recent 7th System Alliance Europe Partnership GbR assembly in Barcelona (Spain) 25 network partners received awards. Hellmann of Germany, Streck of Switzerland, Gebrüder We...
Switzerland eases the way for HGV traffic on north-south corridor Following the closure of the Gotthard railway line due to a rock slide, Switzerland's Federal Road Office (Fedro) has decided to introduce immediate measures to facilitate road hau...
PSA to sell up to 26% of its share in Chennai International Terminals PSA International Pte Ltd, the Singapore-based terminal operator, has gained approval from the Indian Shipping Ministry to sell up to 26% of its stake in the company's Chennai term...
daco systems augments management daco systems AG, a software solutions provider based in Pratteln, near Basel (Switzerland), augmented its management on 1 June. The newcomers are Cyrill Häner, who is responsible f...
ECO/UIC action plan 2012-2015 signed During the UIC Regional Assembly for the Middle East in Qatar, an action plan for cooperation on rail transit development for 2012-2015 was signed between the International Union o...
Freight hauliers team up after Gotthard railway line closure Following the closure of the Gotthard railway line due to a rock slide, service providers that offer railfreight transport via Switzerland have teamed up and now offer additional t...
Cargologic turns to new environmentally friendly electric vehicles Cargologic, Switzerland's leading provider of airfreight handling services, is modernizing its fleet by replacing its former diesel tractors at Zurich airport (Switzerland) with hi...
Raben opens new handling terminal in Hungary The German service provider Raben has announced that construction work on its new handling terminal in Dunaharaszti, near Budapest, was finished in May. The 4,104 sqm facility, whi...
DHL opens new distribution centre for life sciences and healthcare in Mumbai DHL Supply Chain, a leading provider of contract logistics solutions, has inaugurated a new distribution centre for the life sciences and healthcare industry in Mumbai (India). The...
Kuehne + Nagel launches new regional aerospace hub in Singapore Kuehne + Nagel, the giant logistics service provider based in Switzerland, has introduced a new regional hub solution in Singapore to enhance its dedicated spare parts logistics of...
APM Terminals names new CEO for the Region Europe APM Terminals has appointed Ben Vree, formerly CEO APM Terminals Rotterdam, to the position of chief executive officer of the Europe region, effective 13 June. Vree had previously ...
West African suezmaxes seek new trade patterns to survive Million-barrel vessels must 'adapt or die'
APM Terminals tests the limits on container handling Cranes ordered for Rotterdam's Maasvlakte II to be among largest and most productive built to date
Greenmodal goes for growth CMA CGM intermodal arm offers total transportation control
APMT unveils box handling set-up for Maasvlakte II AP Moller-Maersk ports arm orders cranes from Cargotec and Kuenz
Staying the right way up Titanic sank on an even keel, yet 100 years later we are designing cruiseships that will roll over if they are holed
'Piracy is never going to get resolved at sea' Documentary-maker Simon Reeve shocked at how little attention is paid to piracy
China yards target high-value orders Players set their sights on LNG and offshore contracts
Wood chips choose box ships Container lines swallow up more bulk cargoes
Shipping cashflows feel the squeeze S&P downgrades CMA CGM over liquidity concerns
Weak sugar harvest could kill Atlantic supramax trade Market threatened by decline in Brazil sugar exports and sluggish Pacific trade
OSX secures $1.3bn to develop Açu Shipbuilding Brazilian development bank BNDES and Caixa Econômica Federal join in 21-year loan
First-half 2012 brings record low for capesize trade Falling iron-ore shipments from Brazil to China blamed for downturn
Ransom payment taskforce to report back by autumn Nautilus accuses 14-nation group of 'pre-ordained ideas'
APM Terminals invests $673m in Ningbo terminal project AP Moller-Maersk's ports arm bets on Chinese port's rapid growth
UK debates revised rules on use of force against pirates Updated guidelines respond to calls for more clarity and detail
HHLA forecasts profits hike Port operator defies shareholders to raise board salaries by 59%
Dover to review responses to privatisation plan Revised proposal sent out for consultation
Sime Darby invests $443m in Chinese port Malaysia conglomerate upgrades Shangdong capacity
Auerbach buys ex-Beluga cargoship Bunk and Tebbe aim to control entire value chain
U-Ming sells capesize bulker Taiwanese operator may sell more old vessels in efforts to renew fleet
Asia-Europe and Pacific trades send mixed messages Box lines to press ahead with freight rate increases
Evergreen order Sometimes, a public U-turn is the boldest and best policy
LNG hopes blasted Exporters desperately need a Plan B if Japan restarts its reactors
Los Angeles and Long Beach hike fees Increase covers cost of night and weekend shifts, say terminal operators
Los Angeles reports strong box growth for May and April But Long Beach posts drop in throughput
OOCL appoints new chief operating officer Hong Kong-based containership operator fills position vacated by Andy Tung's promotion
STX OSV signs letter of intent to build platform supply vessel Offshore specialist rides buoyant Norwegian demand
Russian Register pledges to maintain ice-class expertise IACS affiliate is open to collaborative deals
Pins, needles and Greek vote GREEK shipowners are on tenterhooks today as the country heats up for the 17 June national elections
Even more target Sanko CLAIMS targeting Japan's Sanko Steamship are piling up in both Maryland and Florida, with the bulker Sanko Mineral still waylaid in Baltimore
Ship blast rocks Rock A LOUD ship explosion today in Gibraltar alarmed the port but reportedly caused no casualties, spills or fire
India seeks more Saudi oil AS OPEC decided to keep its production ceiling unchanged, despite complaints about a thickening oil glut, India sought more crude shipments from Saudi Arabia, IHS World Markets Energy reported today
Universal to be listed in Oslo GEDEN Holdings of Turkey intends to list its Universal Maritime tanker unit in Oslo, the Oslo Stock Exchange said today
BW faces years of red ink HIGH DEBT leverage and weak interest coverage are likely to lead to two unprofitable years for BW Group, a ratings agency predicted today
Panamax rates supported AN INFLUX of South American grain cargoes in midweek supported to Panamax bulker rates, especially on Far East-bound routes
Supramax recovery seen as brief A FREEFALL for Supramax bulker rates in the Pacific has been stemmed by owners' resistance, but brokers said today the reprieve is likely to be temporary
Moody's raps SCF SOVCOMFLOT has been gauged to be "weakly positioned" by a rating agency, sending the trading price of SCF's $800M bonds down 1.6%
LNG market tightens again RISING LNG demand and flat supply indicate that the market will tighten through 2015, IHS CERA has predicted
STX OSV's outlook brightens ANALYSTS today raised their estimates for STX OSV's orders this year for new vessels
LR2 rate rise to 8-month high BROKERS told Fairplay today higher tonne-mile demand has helped to lift LR2 rates to eight-month highs
Ebel sees KG placing comeback THE KG ship finance model will rebound once charter and freight markets regain balance, according to a key Hamburg shipowner
VLCC charterers pounce VLCC ACTIVITY was forecast to pick up as charterers start to fix ships for their July programmes, while spot rates hit 2012 lows, brokers said today
Demolitions help box sector BREAKERS received more than 60 box ships aggregating 109,200teu in the first five months of the year, an encouraging sign for the container shipping market, BIMCO said today
Michigan, Canada Plan Second Detroit Bridge Michigan and Canada have agreed to build a privately financed bridge between Detroit and Windsor, Ontario, two miles upstream from...
ILWU Dispute Hits Port of Portland A dispute between the International Longshore and Warehouse Union and an electricians' union over a handful of refrigerated container jobs...
US Freight Shipments in April Up 0.2 Percent From March U.S. freight shipments rose 0.2 percent in April from a month earlier and 2.3 percent year-over-year, suggesting the slowdown of...
Frankfurt Airport Cargo Slumps 10.3 Percent Frankfurt airport's freight traffic slumped 10.3 percent in May from a year ago as Europe's second largest cargo hub continued...
Panama Canal to Protect Watershed Forests The Panama Canal Authority is moving to cut carbon emissions in the environmentally sensitive watershed zone around the canal by...
Closing of Streamlite Could Benefit FedEx, UPS The closing down of Streamlite, a parcel consolidator, on Thursday could provide more business to UPS and particularly FedEx, according...
Rosalyn Wilson Discusses State of Logistics Report (Video) The 23rd annual State of Logistics report estimates U.S. logistics costs rose to 8.5 percent of U.S. GDP last year...
APM Terminals Takes Stake in China Port Project APM Terminals has taken a 25 percent stake in a project to expand capacity at Ningbo, China's third-largest container port...
Volume Drops for Cathay Pacific Cathay Pacific Airways saw a double-digit drop in cargo and mail tonnage shipments last month. Combined figures for Cathay...
MASkargo Pays $6 Million Fine in Price-Fixing Case Malaysia Airlines and its cargo division MASkargo have agreed to pay a multimillion-dollar penalty for their role in fixing prices...
Sime Darby to Invest Millions in Chinese Port Malaysian conglomerate Sime Darby will invest RM1.4 billion ($144 million) in its Chinese port operations over the next three years....
MSC Adds Asia-US Bunker Surcharges Mediterranean Shipping Co. said it will implement a new bunker adjustment factor on all container shipments from the Far East...
APL Adds Peak-Season Surcharge on India-US Trade Singapore-based container carrier APL imposed a peak-season surcharge on cargo shipped from India to the U.S., effective June 15. ...
LA-LB Ports Face Chassis Issues If the ports of Los Angeles and Long Beach experience congestion during the peak-shipping season this fall, it won't be...
Online Sales Trigger Speculative Real Estate Development Third-party logistics providers and shippers aren't waiting for a full economic recovery to take stock of their warehousing and distribution...
Re-Tweeting Value Vs. Cost The container shipping news of the week, from the Tweet Deck of Peter Tirschwell, who follows up with commentary and...
Logistics' Tough Climb The late Bob Delaney, who created the annual State of Logistics report, liked to describe its comparison of business logistics...
APM T invests in China's Ningbo port APM Terminals (APM T) and the Ningbo Port Group have signed a collaboration agreement that will result in the two companies operating berths in the Chinese port's ...
Vree takes up European helm for APM T APM Terminals (APM T) has appointed Ben Vree as ceo of its European operations. He is based in the Rotterdam office of the company where prior to his promotion ...
Germans warn Greeks on eve of election Germany, the eurozone's largest economy, has repeated warnings to the Greek electorate of the consequences of effectively rejecting its bail-out terms by voting ...
Hamburg Sud and partners upgrade Asia-WCSA service In order to better reconfigure their jointly-provided Asia-Mexico-west coast South America service for the peak shipping season, CCNI, China Shipping Container ...
CAI in expansive mood The New York listed CAI International, which specialises in renting out intermodal and container equipment is to expand its railcar leasing business. Meanwhile, ...
Mixed May fortunes for LB and LA Contrasting fortunes exist at the neighbouring US West Coast ports of Long Beach (LB) and Los Angeles (LA) as at the former container volumes plummeted year-on-year ...
Hapag-Lloyd further distances itself from TUI Hapag-Lloyd has taken a further step to distance itself from parent Group TUI by replacing TUI's chairman Dr Michael Frenzel with its own man, Dr Jurgen Weber (in ...
US imports to jump for June says Global Port Tracker Imports to the US are on the rebound for the next few months according to the monthly Global Port Tracker report by the National Retail Federation (NRF) and Hackett ...
CSAV borrows more Financially troubled CSAV has raised a further USD90 million from German bank DVB to complete the financing of the last two of its seven 8,000TEU vessels ordered ...
MSC push the GRI boat out, but postpone PSS With yet another 13,000TEU ULCS delivered to the Geneva-based liner last week to be deployed on its Asia - Europe 'Lion' service - replacing an 11,600TEU-type - ...
Actiw lands deal for automated container loading system
Florida increases transportation funding
S&P downgrades CMA CGM
CMA CGM, France's distinctive global line
Container fortunes differ for L.A., Long Beach in May Port of LA sees record volume for May, primarily due to rise in empties associated with container repositioning back to Asia, while Long Beach volume drops 7 percent as it waits for new services to boost throughput
APM Terminals will invest in Ningbo terminal Maersk's terminal operating arm takes 25 percent stake in three berths at one of China's fastest growing ports, one of four ports in Asia Maersk Line uses for as a hub for its Daily Maersk product
Americas region records late-week price rally Prices in North America end week on a positive note.
Tepsel to supply bunkers in Colombian market Company will supply bunkers to the Northern Coast of Colombia.
COSCO still confident on 2012 growth 'Bunker prices are hitting all shipping lines. They are above our expectation,' says Chief Executive.
Middle East hub sees bunker prices rise Other ports see prices fall.
Bunker prices firming in Rotterdam on Friday Rotterdam IFO avails remain tight.
Japanese refiner 'considering' supplying LSFO Two other suppliers, however, say they have no plans to offer low sulphur product to the marine market.
Brightoil's US head of operations resigns Vince Matassa had joined Brightoil in August 2010.
'New interest' in operating UK refinery as a terminal UK government says there will be no state aid for Coryton.
'Bunker problem' bulker likely to be scrapped South African court says vessel can be put up for auction.
Week ends with bunker prices firming at major Asian ports Supplies of bunker fuels fine.
Singapore port authority terminates bunker supplier's licences Winbuild Petrofin no longer allowed to supply bunkers after it was found to have breached the licences' terms and conditions.
Moody's lowers BW Group's ratings Amid an 'unfavourable' outlook on its profitability partly due to rising bunker costs.
Wrist subsidiary grows 'significant' market share Wrist Ship Supply's focus in 2011 has been on integrating its acquisitions, says managing director.
Japan's bonded bunker sales slightly up in April Japan sold 340,000 mt of bunker fuels in April, according to METI.
Offshore shipbuilding firm gets 'eco' ship order Norwegian firm looking to expand its fleet with environmentally friendly ships for operations in the North Sea, says STX OSV.
Spanish port to explore use of LNG as bunkers Port Authority of Vigo in two-year framework agreement to study LNG bunker use.
Chilean shipping line eyes fuel efficient ships Plans to increase its owned fleet to 50%, from 9% at the start of 2011, with 'larger and more efficient vessels'.
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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