LA and Long Beach handle more boxes in June Two US ports report higher import and export volumes
Euronav losses surge fourfold Belgian tanker outfit makes case for sector consolidation as well as scrapping older tonnage and cancelling orders
ICS calls for extension of tramp pool guidelines Consortia 'provide stability to markets', says chamber
Stranded Moroccan seafarers are finally heading home But doubt persists about the future of Morocco's oldest ferry operator
Union activists arrested after helping stranded seafarers Plight of Comarit-Comanav raises sensitive issues
Exodus survives without Comarit As north African expats head home, a drop in numbers means there is sufficient capacity without companies' ferries
Cases focus on delayed discharging operations Two recent judgments deal with a freezing injunction and with the concept of laytime under an American Welsh Coal charter party
Maersk skips Asia-Europe sailings as peak season disappoints Lines press ahead with rate increases and tell shippers to prepare for more
Beazley offers first combined war risk and piracy product in Lloyd's Cover has limit of up to $75m
Bid to avert industrial action in US ports Retailers call for further negotiation with dockworkers to avoid strikes hitting economy
Chinese economic slowdown hits shipping As GDP growth in China decelerates, export patterns have started to shift
Norwegian oil strike would take out up to 18 aframax loadings a month Unions might still disrupt work at terminals
Chinese tanker owners fight for sovereign cover on Iran oil shipments EXCLUSIVE INFOGRAPHIC. Cosco calls for action amid mounting financial losses
Just what shipowners need: oil price manipulation Record high prices for bunker fuel may have an illegal cause
Boxship reliability stabilises at 81% Latest report also shows on-time door-to-door delivery of containers is continuing to improve
Box lines wait for answers about MSC Flaminia blast Three hurt in mid-Atlantic accident in hospital as Hanjin Ottawa arrives to aid salvage operation
Valemax fleet growth back on track as STX bulker returns to service Vale Beijing has finished repairs in South Korea and is en route to Brazil for loading
Hamburg seeks LNG fuel terminal Port authority says fuel would be useful for feeder services trading on Baltic Sea
Sovereign guarantees sidestep sanctions, but at what cost? The reliance of Japan, China and India on Iranian crude has presented all three countries with some difficult decisions
China should support Iranian sanctions Global security, not lost business opportunities, should count for China
Alaska in court bid to stay out of North American ECA Dire consequences feared for all maritime treaties signed by the US, but experts sceptical of Alaska chances
Shipowners fear record bunker prices are result of manipulation Concern sparked by report that traders are likely to have tried to distort the oil market
CIMC issues first-half profit warning China's top container supplier sees profit down at least 55% in January-June
China State Shipbuilding to raise yet more funds via bond sale State giant issues $940m of seven-year notes, but is still to launch a further bond programme within a month
Australian ports come under attack Productivity and profitability called into question in two separate reports
Melbourne posts a record 2.6m teu Results for 2011-2012 financial year show total trade up 9.1%, with container exports up 9.8% and box imports up 7.1%
China could follow Japan on Iran insurance COSCO's boss Wei Jiafu has pointedly said Beijing could follow Japan in providing sovereign insurance for ships carrying Iranian oil, IHS World Markets Energy reported today
Smelting China's iron ore import figures IRON ORE imports to China fell more quickly than expected in June, dropping 8.7% to 58.3M tonnes, a research group said today
OPEC output pause seen hurting VLCCs STRUGGLES in the VLCC sector would be compounded if OPEC heeds the IEA's call to trim output, an analyst has warned
Seanergy pulls offering plan SEANERGY has announced the withdrawal of Restis family plans to divest part of its stake in the company, and also confirmed the sale of an ageing Capesize for scrap
RCL plans feeder service RCL SAID today it plans its biggest feeder service on the Singapore/Laem Chabang/Singapore corridor
Idle box ship fleet seen expanding again LAID-UP and charter-free box ship tonnage is swelling again amid expectations of a lacklustre peak season, a data analysis group has reported
Navig8 starts LR1 pool TANKER pool Navig8 today confirmed to Fairplay that it has started an LR1 pool, in addition to its existing VLCC, Aframax, MR and chemical tanker pools
VLGCs need spot cargo spurt LNG RATES for VLGCs have hit a new 2012 high of $73.063 per tonne, but brokers cautioned today rates will drop if exporters fail to make more spot cargoes available
Russian terminal sale deal to Glencore reported GLENCORE is reportedly buying a new grain export terminal at Taman on the Russian Black Sea coast
Far East seen doubling box export lead FAR EAST exporters are expected to double their lead over European shippers in the West African box trades by the end of next year, according to a new study
LR2 rates reach 2012 high RATES to ship clean oil products on LR2 tankers on Gulf/Far East routes have reached a 2012 high of Worldscale 104
CSSC Jiangnan HI warns of 80% profits fall CHINA'S shipbuilder CSSC Jiangnan HI today warned its profits are in freefall
China Merchants Energy's profits drop 58.5% CHINA Merchants Energy Shipping today said its first-half net profits dropped 58.5% to 83M yuan ($13M) on the same period of 2011
2,500teu active ship sold at all-time low A NEW low has been reached in secondhand prices for 2,500teu box ships, in an apparent fire sale by a German owner
Colombia/Asia coal rises 363% COLOMBIA'S steam coal exports to Asia reached 3.76M tonnes in the first half this year, up 363% or 2.94M tonnes from 810,000 tonnes shipped during 1H2011, IHS McCloskey said
CSX Profit Up 1.2 Percent on Volume Drop, Flat Revenue CSX profit in the second quarter rose 1.2 percent year-over-year to $512 million, as improved operations helped offset a slight...
Kimberly-Clark's Sather Discusses Tightening Truckload Capacity (Video) Truckload capacity is getting tighter, says Kimberly-Clark's Rick Sather, and that poses challenges for the shipper as it tries to...
Report: USPS Could Save $100 Million Annually by Going Intermodal The ailing U.S. Postal Service could save roughly $100 million annually by shifting more mail shipments from the highways to...
Virginia Container Volume Rises for Fifth Month The volume of containers handled by the Port of Virginia rose by a strong 11.2 percent in June from the...
Survey Points to Higher Back-to-School Spending A survey by the International Council of Shopping Centers and Goldman Sachs indicates consumers will spend more on back-to-school shopping...
Pirate Attacks Dropped in First Half of 2012 The number of pirate attacks dropped by a third in the first half of 2012, led by a decline in...
Shipowners Urge Caution on Emissions Fees The International Chamber of Shipping said the maritime industry shouldn't have to pay more than its share of the cost...
Shipowners Press EU to Keep Vessel-Sharing Consortia The International Chamber of Shipping said it doesn't object to the expiration of guidelines for ship lines after Europe's abolition...
OOIDA Targets Driver Screening, Appeals Process The Owner-Operator Independent Drivers Association is suing the federal government over a pre-employment screening program it claims hurts a trucker's...
Intermodal, Auto Traffic Drive Up KCS Profit Double-digit increases in intermodal and automotive shipments helped drive Kansas City Southern profit up 83 percent year-over-year to $120 million...
India's Exports Down 5.4 Percent in June India's exports in June fell 5.4 percent year-over-year, shrinking for the second straight month as the global economic slowdown hurt...
PSA Invests in Automated Port Vehicles Global port giant PSA and the Port Authority of Singapore have allocated some $15.8 million to develop a new generation...
Retailers Urge ILA, USMX to Keep Ports Open The National Retail Federation urged the International Longshoremen's Association and its management counterpart to pledge to continue contract negotiations and...
Brazil Customs Slowdowns Intensify Brazilian customs officers stepped up their slowdowns this week, delaying commerce at Santos and other ports, as labor negotiations continued....
INTTRA, SeaIntel Unveil New Container Delivery Metrics Container lines and the cargo owners that ship products on their vessels are getting new tools to measure both performance...
DHL Eyes High-Tech Growth in Hong Kong Hong Kong's competitive position in high-tech logistics markets will get a major boost when new infrastructure linked to factories in...
Greek Shipowner Share of Container Fleet Grows Greek shipowners are gaining a larger share of the global container ship fleet, challenging German KG partnerships as the primary...
Container Traffic Rises at Long Beach June was the busiest month of the year so far at the Port of Long Beach, with the 555,359 20-foot...
Hapag-Lloyd to Raise India-US Rates Hapag-Lloyd will raise its rates on services from the Indian subcontinent to the U.S., starting Aug. 15. Rates on...
Shipowners not fussed over EU Antitrust guidelines Ocean carrier members of the International Chamber of Shipping (ICS) say they are not particularly concerned over the need for antitrust guidelines after 2013. ...
Ship attacks off West Africa increase While the latest figures published by the International Chamber of Commerce (ICC) International Maritime Bureau's (IMB) Piracy Reporting Centre showed a sharp drop ...
'Soft' Asia - USWC peak season predicted
New feeder service to Liverpool BG Freight Line plans to introduce a weekly feeder service between Rotterdam, Belfast and Liverpool on July 21, 2012. Departures from Rotterdam will be every Monday, ...
Deadline extended for Virginia port bids APM Terminals could be up against other contenders in its bid for a long term concession for the operation of the US East (USEC) port of Virginia after the state's ...
Shipowners note protest over IMF green tax assessment Shipowner members of the International Chamber of Shipping (ICS) are unhappy with a recent statement from the International Monetary Fund's (IMF) managing director ...
Evergreen to route more ships to Mombasa Taiwan's largest liner shipping company is to increase its sailings to/from the port of Mombasa and expand its presence in the country according to its president ...
MSC Flaminia: Smit tugs to assess damage
China: economic hardship may continue for some time That was the message from China's Prime Minister, Wen Jiabao at the weekend in a statement in which he described the nation's challenges as 'serious and complex'.To ...
Boxship raided off W Africa Container vessel's crew taken hostage in robbery off Conakry, Guinea.
Sister helps MSC Flaminia A second NSB boxship and a firefighting tug have now reached the burning MSC Flaminia.
Seanergy confirms cape sale Restis-controlled Seanergy Maritime Holdings has sold a capesize bulker for scrap for less than previously reported.
Palmer bars OAPs Australian tycoon Clive Palmer has unveiled plans for his new Titanic replica cruiseship - but will bar pensioners from its casino.
Iino offloads Duke Japanese owner Iino Kaiun Kaisha has found an Indonesian buyer for its oldest chemical carrier.
PGS looking stronger Norwegian shipowner Petroleum Geo-Services (PGS) is forecasting an improved second quarter profit as revenue rises.
Hantong hauls in duo China's Hantong Shipyard has been linked to a new panamax order from Korea's HI Investments.
Pipavav pockets cash Gujarat Pipavav Port has completed a private placement that paves the way for it to expand the facility.
NCSP forges ahead Russia's Novorossiysk Commercial Sea Port (NCSP) has boosted first-half volumes under new ownership.
Bulker seized in pay row An Albanian bulker has been arrested in China as the cargo owner seeks to unload its iron ore.
DHT completes split Svein Moxnes Harfjeld-led tanker owner finalises its delayed 12 for 1 reverse stock split.
DHT completes split DHT Holdings has completed its 12-for-1 reverse split of its common stock
Containership aground A German feedership has run aground off Belize, but did not hit a nearby reef as initially feared.
ENVC sale soon Portugal's government wants rid of troubled shipbuilder by September.
Sumitomo not worried Sumitomo Heavy Industries is still in the hunt for new orders.
Los Angeles gets busier The Port of Los Angeles has posted a modest rise in its box throughput for the first half of 2012.
Friendly Fire An Indian fisherman was killed and three others injured after the fishing launch they were working on board strayed too close to the US navy replenishment vessel USNS Rappahannock (built 1995). The incident took place on Monday close to the port of Jebel Ali.
Golar fully exercised Golar LNG Partners raised $195.7 million in a fully subscribed public offering that closed yesterday.
New report compares liner, container delivery reliability
Alaska seeks to block low-sulfur fuel reg In a lawsuit filed Friday in the U.S. District Court for the District of Alaska, the state seeks an injunction keeping the EPA and Coast Guard from their plans to begin enforcing the North American Emissions Control Area (ECA) on Aug. 1.
Ambassador Bridge reopens after bomb scare Authorities have reopened the Ambassador Bridge after the busiest international commercial truck crossing in North America was shut down Monday evening for five hours because of a bomb scare.
Washington Notebook: Designer drugs seized at UPS hub
Security forces keep Somali pirates at bay The number of attacks by Somali pirates on vessels from the Red Sea to the Indian Ocean declined in the first half of the year to 69 from 163 during the same period in 2011, the IMB said.
Retailers: Keep ports open with or without contract The National Retail Federation asked the the ILA and dockworker employer representative to commit themselves to continuing talks and normal port operations on the U.S. East and Gulf coasts even if they do not reach agreement by Sept. 30.
Rotterdam Q2 bunker sales shrink further Latest figures show 13.7% year-on-year decline and 2.2% fall compared to overall Q1 sales.
Report stokes oil market manipulation fears Survey of oil trader practice highlights distortion 'window of opportunity'.
Market gains in Fujairah Fujairah displays highest surge in Middle East.
Market firm across Europe Upward trend clearly visible across European ports.
Avoiding ECAs 'rarely cost effective or practical' Online tool helps calculate distance sailed inside ECAs so operators can estimate extra fuel cost.
IMF chief criticised for comments on Green Climate Fund ICS Chairman points out complexities surrounding MBMs for shipping and says sector's contribution must be proportionate to share of global CO2 emissions.
New fuel efficiency tool from AWT Uses ship data to monitor fuel use and estimate cost.
Asian bunker prices surge Prices rise across all key ports on Tuesday, Bunkerworld data shows.
Parker buys oil testing kit manufacturer Kittiwake's niche presence to become part of bigger company.
New barge for Algerian supplier 2,500 mt capacity vessel suitable to service big tonnage vessels.
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