First converted MD-82 freighter to join cargo airline The Alaskan (USA) company Everts Air Cargo, headquartered in Fairbanks but with its operational base in Anchorage, is the first customer to take delivery of an MD-82 converted to a...
New timber trailers for Swiss timber dealer Hiag Handel AG, a Swiss timber dealer, has purchased six new trailer bodies from GK Grünenfelder AG. Four of the bodies are two-axle models; the others are three axle-models and al...
Czech Airlines to resume long-haul flights next year After a three-year hiatus, Czech Airlines is again including its own long-haul flights in its schedule. On the basis of operative leasing, a wide-body Airbus A330 will join the air...
Volvo Group trucks in the US get 2014 greenhouse gas certification The USA's Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) have certified all the Volvo Group trucks in the USA, including the M...
C.H.Robinson's senior vice-president retires after 34 years The global logistics service provider C.H. Robinson Worldwide has reported that its senior vice-president (VP) Jim Butts is retiring on 31 December 2012. Butts, who has worked...
Konecranes delivers ten RTGs to Ports and Cargo Handling Services terminal in Lagos Konecranes has successfully delivered ten of its rubber tyred gantry (RTG) cranes to Ports and Cargo Handling Services (PCHS) Ltd in Lagos (Nigeria). PCHS, the port operations arm ...
Canada to strengthen railfreight services Canada's government has launched a Fair Rail Freight Service Act bill to give companies that ship goods by rail the right to a service agreement with railways. The bill will also c...
Russian Railways meets target figures Russian Railways met its target figures in November. The service provider's' freight turnover, including empty wagon runs of private and rented cars, rose by 1.4% and the average d...
Port of New Orleans reshuffles board of commissioners The Governor of the US state of Louisiana, Bobby Jindal, has appointed Michael W. Kearney to the port of New Orleans' board of commissioners. He will serve a five-year term of offi...
DB Schenker Logistics opens new logistics centre in UK Schenker Limited, the UK arm of the German global services provider DB Schenker Logistics, has formally opened its lnewest facility. Customers, board members, and employees celebra...
Bruno Blin to be president of Renault Trucks Commercial from 2013 Renault Trucks has named Bruno Blin as the next president of Renault Trucks Commercial. He succeeds Heinz-Jürgen Löw, who has left the company. Blin, who will take up his duties on...
Sievert Handel Transporte inaugurates new branch office in Heilbronn The Lengerich (Germany)-based transport and logistics service provider Sievert Handel Transporte GmbH is continuing its expansion course by opening a new branch office in Heilbronn...
Clubs reveal wide range of general rises for 2013 renewals Some have taken a creative approach to premiums, says PL Ferrari
Keep onboard maintenance records or count the cost, says insurer Badly maintained and fake lifting equipment jeopardises cover, London Club warns owners
Brazil gears up for ports growth Brasília's four-year drive seeks private investment to targets bottlenecks
Port investment to be spread across four regions Brazilian government could land $100bn revenue windfall from ports sector
Maersk pays retrofit costs for chartered-in boxships Liner giant takes the lead to fund fuel-efficiency technology on operated tonnage
Drill down to the detail Offshore specialists will see demand grow if they stay ahead of the value curve
Euro veritas Do class societies that combine consultancy and safety work present a conflict of interest?
Can a DNV and GL tie-up work? As the rumours refuse to go away, mooted deal raises more questions than it answers
Brazil backs port reforms with development bank finance Global operators welcome change despite analysts' doubts about level playing field
Baltic Sea aframax rates soar on demand for ice-class ships Earnings hit more than $22,000 per day
CNOOC unit may face $141m tax bill from Norway COSL Drilling Europe could be taxed for pre-takeover intra-group transactions
CSCL cements second series of box sales this quarter Carrier replenishes cash pile in a deal to stem full-year losses
UK maritime sector creates jobs despite recession Buoyant industry segments have bucked the economic downturn, study finds
The urge to merge Can Hapag-Lloyd and Hamburg Süd finally agree where previous talks have failed?
Europe's ports and feeder operators feel the pinch from void sailings Lean pickings over Christmas as carriers cut capacity
Yemen gas pipeline attack disrupts loadings at Balhaf Supply threat looms as LNG plant tackles seventh act of sabotage
Competition watchdog outlines issues in sale of ferries to Eurotunnel Interested parties face January 4 deadline
Hapag-Lloyd and Hamburg Süd confirm merger talks Due diligence to start on a move that could create the world's fourth-largest box operator
US Army engineers blast rocks to avert Mississippi River shutdown Measures only delay up to 20,000 job cuts and billions of dollars in losses, say critics
Channel dominates UK shortsea market Capacity growth limited for other Europe, Scandinavia and Baltic connections
Singapore government becomes Ezion's strategic shareholder Offshore player to sell 14.3m new ordinary shares to state vehicle EDB Investments
Third Chinese yard enters the FPSO race Cosco Corp wins its first order to build a floating production, storage and offloading vessel from scratch
Diana sticks to portfolio charter policy Dry bulk owner denies reports of new acquisition
Hapag, Hamburg Süd discussing merger PRESSURE on box shipping margins and structural overcapacity might spark another mega-merger, as Hapag-Lloyd and Hamburg Süd of Germany confirmed merger talks today
China's new shipbuilding orders drop 44.8% CHINA'S new shipbuilding orders dropped 44.8% year on year from January to October, Beijing said
China deletes duty on metallurgical coke CHINA'S finance ministry has scrapped its 40% export duty on metallurgical coke
50 migrants rescued GREEK authorities said today they are holding 129 people in connection with smuggling attempted during the past week
IEA: coal nearing oil as leading energy source COAL WAS seen by the IEA today as nearly overtaking oil as the world's top energy source by 2017
Fall in S&P values seen finally slowing VALUES of second-hand vessels are continuing to fall, but the decline has slowed in the past 10 months, a shipping analyst said today
Ezion gains $16M infusion EZION Holdings, the Singapore-listed offshore player, said 14.3M of its new ordinary shares have been subscribed to by Singapore's EDB Investment
STX to sell stake in Dalian yard SOUTH Korea's STX confirmed to Fairplay today the group plans to sell some of its shares in STX Offshore & Shipbuilding's Dalian yard
Truck Tonnage Rose 3.7 Percent in November The American Trucking Associations today reported that its seasonally adjusted For-Hire Truck Tonnage Index increased 3.7 percent in November, following October's 3.7 percent drop. It was the first monthly gain since July. As a result, the index was 118.0 in November, versus 113.8 in October. Compared with November 2011, the index...
TSA Carriers Pin Hopes on January Rate Hikes Shipping lines in the eastbound Pacific announced large rate increases of $600 to $800 per 40-foot container in a desperate attempt to avoid a repeat of the money-losing service contracts they negotiated in 2012 with beneficial cargo owners. "This is a make or break period for trans-Pacific carriers," said Brian Conrad,...
ILA Talks at a Standstill Over Royalties Failure of the International Longshoremen's Association and United States Maritime Alliance to extend their contract negotiations raises the likelihood of a Maine-to-Texas dock strike at year-end. "I think we'll be on strike," ILA President Harold Daggett said after federally mediated negotiations broke off amid disagreements over carrier-paid container royalties that provide...
Russia's WTO Membership Doesn't Solve All Problems The floodgates have opened for U.S. investment in Russia. U.S. companies are moving quickly to carry out investment plans they made in anticipation of Russia's joining the World Trade Organization, but they are still finding it a challenging market. Although Russia joined the WTO in August, the last significant barrier to...
Sandy and Newtown: A New Perspective on Shipping's Woes It's been a year of mixed fortunes for the transportation and logistics industries. For ocean carriers, the year began bad before turning reasonably good in the third quarter, yielding optimism about the fourth. But with the "mini-strike" in Los Angeles-Long Beach and an ILA strike looming in less than two...
Tampa Port Board Approves Anderson as Director, CEO A. Paul Anderson, Tampa Port Authority's new port director and chief executive. The Tampa Port Authority's board of commissioners today voted unanimously to hire A. Paul Anderson as the authority's new port director and chief executive. Anderson succeeds Richard Wainio, who had served in the position since March 2005. Anderson was most recently...
Transportation Workers Welcome Hurricane Sandy Relief Bill Edward Wytkind, president of the Transportation Trades Department, AFL-CIO, today urged the U.S. Senate to pass the pending Hurricane Disaster Relief Appropriations Act to help regions affected by Hurricane Sandy recover and fortify infrastructure to minimize future risks. "Transit systems, rail lines, airports, air traffic control equipment, highways and seaports all...
Hong Kong Exports Down, Imports Up in October Hong Kong's Census and Statistics Department today reported that the volume of goods exports dropped 4.7 percent in October, although the volume of goods imports rose 1.4 percent from October 2011. The prices of exports of goods in October were up 2.2 percent year-over-year, and the prices of imports of goods...
Senior Editor Bill Cassidy Explains the JOC Truckload Capacity Index The quarterly JOC Truckload Capacity Index helps measure change in the availability of tractor-trailers at a group of large truckload carriers with more than $10 billion in combined revenue. In this JOC Trucking Update, Senior Editor Bill Cassidy describes how the index is put together and what it tells us...
Unisource Logistics Solutions Earns SmartWay Transport Partner Designation NORCROSS, Ga. - Unisource Logistics Solutions - a division of Unisource Worldwide, Inc. - announced today it has joined the U.S. Environmental Protection Agency (EPA) SmartWay Transport Partnership. Unisource also earned the SmartWay Transport Partner logo, Logistics category, a mark of excellence for companies demonstrating superior environmental performance for freight...
India, ASEAN Trade to Reach $100 Billion by 2015 At the second India-ASEAN Business Fair in New Delhi, Anand Sharma, Union Minister for Commerce, Industry & Textiles, expressed confidence that trade between India and the Association of Southeast Nations countries will reach $100 billion by 2015. "We would like to benefit from ASEAN experience in key sectors of economy, such...
C.R. England Names Company Drivers of the Month for November SALT LAKE CITY - C.R. England, a Salt Lake City-based global transportation provider, has recognized James Hamilton, Thomas Wendt and Luke Arris as Company Drivers of the Month for November 2012. They were selected for this honor from among more than 7,500 drivers nationwide in C.R. England's fleet. "It's an honor...
Serious Infrastructure Investment Revolutionlizing Customized Freight Delivery, Storage, and Inventory Management MORRISVILLE, N.C. - North Carolina's reliable logistics partner for customized freight delivery, storage and inventory management, Extreme Express Logistics, has successfully completed a significant upgrade to its technology infrastructure to enhance its ability to provide critical and expedited delivery, reverse logistics, warehousing and order fulfillment. As part of the upgrade,...
Hong Kong, Korea Customs Agree to Expand Partnership Hong Kong, Korea commissioners agree on closer cooperation. At the 30th Customs Cooperation Conference in Seoul, Korea, today, Clement Cheung, commissioner of Hong Kong Customs, and Joo Yung-sup, commissioner of the Korea Customs Service, agreed on closer cooperation between the two administrations in the future. "With the longstanding cooperation between the two...
LB Terminal Investment Gives CMA CGM Home in US LONG BEACH-The Dec. 12 announcement that CMA CGM is taking an equity stake in the Pier J terminal at the Port of Long Beach is a significant development for the world's third-largest container line as well as for the port. CMA CGM, with headquarters in Marseille, France, finally has a home...
Dennis Brand to Rejoin TITAN Salvage as Director of Global Commercial Operations Dennis Brand, TITAN Salvage's new director of global commercial operations. POMPANO BEACH, Fla. - Captain Dennis Brand will rejoin TITAN Salvage, Crowley Maritime Corporation's Pompano, Fla.-based, marine salvage and wreck removal company, as director of global commercial operations, reporting to company Managing Director Rich Habib on January 2, 2013. As a member...
Strike Looms As ILA-USMX Talks Break Off Contract negotiations between the International Longshoremen's Association and United States Maritime Alliance broke off today, raising the likelihood of a Maine-to-Texas dock strike at year-end. "I think we'll be on strike," ILA President Harold Daggett said. He spoke after the union and USMX, meeting with a federal mediator, failed to reach...
ILA-USMX Labor Negotiations Timeline Negotiations between the International Longshoremen's Association and waterfront employers representated by United States Maritime Alliance have been tense from the start last spring. When the two sides agreed to extend the current contract by 90 days, some sense of stability returned to East and Gulf Coast ports. But with major...
India Establishes Board to Craft Air Cargo Policies India's Ministry of Civil Aviation has established the Air Cargo Logistic Promotion Board, an inter-ministerial group, to lay down a policy framework to govern air cargo operations in the country. The board's establishment was recommended by the Ministry of Civil Aviation's working group on the air cargo and express service industry. India's...
Maersk to Implement Surcharge in Event of ILA Strike Maersk Line recently announced that it will implement a congestion surcharge in the event of an International Longshoremen's Association strike at East and Gulf coast ports, which would begin Dec. 29, when their contract is set to expire. If there is a strike, effective Dec. 29, 2012, the container shipping company...
Liners in late fight back A mid-December general rate increase of USD600 per TEU on the troubled Asia to Europe tradelane appears to be sticking and was reflected in last Friday's Shanghai ...
Lines face boxship shortages Container lines could face a shortage of small and medium-sized ships in the years ahead that will hinder trade development in some parts of the world, unless ordering ...
Hapag-Lloyd and Hamburg Sud in merger talks Germany's two premier ocean carriers are in merger talks to create the fourth largest container line in the world.The executive boards of ...
Scrooge Christmas for ports and feeders European ports and feeder operators are beginning to feel the pinch from a raft of voided sailings by liners operating on the over capacity-plagued Asia to Europe ...
Hanjin to raise Asia-Europe rates from mid-January Hanjin Shipping, South Korea's largest container shipping line, is to increase its Asia-Europe rates by USD350 per TEU from January 13 in its latest rate restoration ...
US box imports hit a fresh low Hurricane Sandy and west coast port strikes led to US containerised imports falling by 12.8% from October to November this year, marking a new monthly inbound volume ...
Will merger move the needle? News that two of the biggest names in the containership trade are discussing a potential merger has caught the attention of industry observers across the globe.
Bocimar's bankroll Compagnie Maritime Belge (CMB) was breathing a little easier Tuesday after securing a $300m credit facility backed by DNB Bank and Nordea Bank Norge.
Wilmar pens double? Wilmar has been tipped as the buyer of a pair of product tanker newbuildings at Hyundai Vinashin.
Rook crewman rescued An injured seafarer has been airlifted from a Greek bulker by the Canadian coast guard.
JR in rescue deal JR Shipping Group has secured a refinancing package with HSH Nordbank which gives the owner some breathing space in a difficult market.
Why is Teekay named Teekay? Shipping 'litmus' test helps market insiders separate the wheat from the chaff.
Research ship released A Russian research ship held in India for two years was heading home on Tuesday.
Goldenport sheds again Goldenport Holdings has scrapped a containership that it recently put into lay-up.
Boyden's Stealth buy Global Hunter Securities has launched coverage of Harry Vafias' StealthGas with a buy tag on the company.
Cosco orders falling short Cosco Corp (Singapore) is coming up short of full year expectations despite its latest deal to build an FPSO.
Atlantska cut to sell Austria's Erste Group Research is predicting another year of struggle in 2013 for Croatian bulker owner Atlantska Plovidba.
DVB spies LNG dip Increasing newbuilding deliveries will take a toll on the LNG market during the next couple of years, DVB says.
Bumi seals Indian finance A Bumi Armada-led joint venture has secured a key financing package for a floating production storage and offloading (FPSO) unit contracted to an Indian customer.
INSA in cash plea India's shipowners are pressing the government to sanction tax-free bonds to fund fleet renewal.
Atlantic strengthens Norway's Atlantic Offshore has raised between NOK 80m ($14.28m) and NOK 100m from a share sale.
Hapag-Sud? German container lines Hapag-Lloyd and Hamburg Sud are considering a merger, they announced this morning.
HHI workers kidnapped Gunmen have kidnapped six Hyundai Heavy Industries (HHI) workers in Nigeria.
Chowgule eyes newbuilds India's Chowgule group is ready to expand its bulker fleet with newbuildings.
KLC up for grabs Korea Line Corp is on the hunt for a new owner almost two years after it filed for bankruptcy, reports say.
TGS takes newbuilding Norway's TGS has signed up a Dolphin Geophysical seismic survey newbuilding for European work.
Cargoship abandoned A North Korean cargoship has been abandoned by its crew after losing power off Chongjin.
Lurssen buys P+S yard German shipbuilding group Lurssen is taking over the insolvent Peene-Werft yard owned by P+S Werften.
Singapore backs Ezion An offshoot of the Singapore government has become the latest investor in high-flying Ezion Holdings.
Sevan behind Cosco order Sevan Marine has emerged as the party behind the FPSO newbuilding ordered at Cosco Shipyard on Monday.
Rickmers orders duo Rickmers-Linie has returned to China to order two 20,000-dwt multi-purpose vessel newbuildings.
Brand back at Titan Captain Dennis Brand is set to return to Titan Salvage as its new director of global commercial operations.
NEWSFLASH: ILA, USMX break off talks The East and Gulf coast dockworkers' union says it's still willing to keep talking with management to secure a contract, but warned "unless we hear back from them we will be on strike on Dec. 29."
Grain Terminals reject ILWU offer Several grain terminals in the Pacific Northwest trying to negotiate a new contract with workers said Monday evening that they were rejecting the most recent offer from the International Longshore and Warehouse Union.
J.P. Morgan teams with Maher on Virginia port bid The Maher-J.P. Morgan team is going up against APM Terminals, which started the privatization process last spring by making a offer valued at $3.1 billion to $3.9 billion to take over port operations for 48 years.
Divergent November fortunes at SoCal ports Container traffic at the Southern California ports of Los Angeles and Long Beach collectively fell 1.7 percent in November, due in part to a strike at 10 of 14 terminals in the two ports during the last week of the month.
Holiday express shipping breaks records
Analysts bullish on domestic air industry Dahlman Rose & Co. has switched its outlook on the domestic airline industry from cautious to bullish, citing higher passenger revenues, possible lower fuel prices and a stability gleaned from domestic airline consolidation.
MSC announces Far East-U.S./Canada rate hike
Allen takes top spot at ARI Fleet UK
NationaLease offers fuel-efficiency tips
U.S. steel exports up in October
U.S. screening regime going smoothly, Hactl says
Descartes pushes Cargo-XML adoption in air cargo industry
CargoSmart integrates with Japan's advanced filing regs
Data2Logistics moves into new Florida headquarters
German liners Hapag-Lloyd, Hamburg Süd discuss merger The leading German container shipping companies Hapag-Lloyd and Hamburg Süd said this morning that they are discussing a possible merger.
Washington Notebook: U.S., Canada issue progress report on cross-border efficiency
Prices flat in Fujairah But South African ports see firmer values in the market.
Prices steady in Rotterdam While shortages supported prices in Piraeus.
Bomin hires two traders Both bunker traders will work from Bomin's headquarters.
Gunvor buys second Petroplus refinery Move recognises 'value of Ingolstadt assets'.
Tallinn expecting growth on fuel oil cargoes' return Port estimates 20% growth for next year.
Slow-steaming widespread in liner trades, poll finds Faster speeds have become history.
Bunker prices mostly lower IFO prices in Tokyo Bay, however, continue to hold up.
Creditors file Chapter 11 petition against BLT Chapter 11 action 'unfortunate and untimely distraction' for the company which is in the midst of restructuring.
Dan-Bunkering builds up American base More hires in the pipeline, company says.
US Coast Guard responds to oil spill in eastern waterway Spill came from a barge that belongs to Boston Marine Transport.
Titan mulls next court move Chinese intermediary court rejects request to transfer legal proceedings to a higher court.
Andatee breaches listing rules Its stock price and the market value of its publicly held shares were below listing's requirements.
WFS inks $137 million acquisition Acquisition will expand its existing payment processing business, it says.
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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