Pegasus introducing first of two new international services this week The Turkish carrier Pegasus Airlines is introducing two international routes this week. A six per week Istanbul Sabiha Gokcen - Tel Aviv (Israel) service is starting today (19 June...
APM Terminals orders 26 cranes for Maasvlakte II APM Terminals Rotterdam Maasvlakte II has selected 26 automated rail mounted gantry (ARMG) cranes and two rail cranes from the Austrian crane manufacturer Kuenz. The company said t...
Schneider National/CSX agreement broadens intermodal services in northwestern Ohio Schneider National Inc, a provider of truckload, intermodal and logistics services, has reached an agreement with CSX Transportation to broaden its services in northwestern Ohio (U...
Kögel and Wabco extend partnership The German trailer manufacturer Kögel and Wabco Holdings Inc, one of the leading global providers of technology and control systems for safety and efficiency in commercial vehicles...
EALA presents award to Asstra In its annual rating of Russia's logistics companies, the EuroAsian Logistics Association (EALA) presented the logistics service provider Asstra with the award in the category Logi...
Euroway UK signed new contract hire requirements with Domino's Euroway in the UK has just clinched a major two-year exclusive contract with Domino's Pizza Group plc for the supply of new and replacement vehicles for the latter's UK distributio...
Europorte und Alstom sign railfreight partnership agreement Europorte, the rail freight subsidiary of the Eurotunnel Group, and Alstom have signed a partnership agreement covering the maintenance of 17 Alstom manufactured Prima locomotives ...
May traffic increase in Hong Kong due to goods to/from Southeast Asia Cargo volumes at Hong Kong International airport (HKIA) grew by 1.1% to 333,000 t in May. This was the first positive year-on-year growth since March last year. The increase was pr...
DB Schenker Rail Polska changes management board DB Schenker Rail Polska has announced that Christian Schreyer, currently responsible for production and human resources, will become CEO of the company and successor to Hans-Georg ...
No third runway at Munich airport People living in Munich have voted against the development of a third runway at Germany's second-biggest airport, which is also one of the biggest in terms of cargo throughput. Aft...
Hoyer's turnover overshoots the EUR 1 billion mark Hoyer, an international transport and logistics service provider headquartered in Hamburg (Germany), reported that its 2011 turnover topped the EUR 1 billion mark for the first tim...
FedEx completes acquisition of Opek in Poland The US integrator FedEx Express has completed the acquisition of the Polish courier company Opek Sp. z o.o. (Opek) as the latest step in the company's growth strategy in Europe. Op...
Mattel trusting Geodis in Marseille Mattel, the world's largest toy products manufacturer, has awarded the French service provider Geodis the management of its logistics and distribution operations in southern Europe...
Spain's struggling yards see a ray of hope The closure of Union Naval Valencia is a blow to a sector that is already reeling, but Spanish shipbuilding still has reason for optimism
LMA urges London market to limit funds exposed to the euro crisis Brokers must collect premiums from countries that could exit the eurozone
The greening of the yuan looks to overseas trading New move towards offshore trading as direct exchange launches in Japan
Second Paragon handysize newbuilding starts duties for Cargill Two-year deal to generate $8.5m in revenues with charterer's option to extend at higher rate
Experts say rig-related services could violate US sanctions Lax enforcement thus far of Cisada is no marker for future
BV is still classing Iran offshore rigs despite 'reluctant' country exit EXCLUSIVE: French society claims to comply with Europe laws but is silent on US implications
Louis sells 54-year-old Emerald for $5m Group completes its second scrap sale at book value of the year
Aframax rates head south as market looks north Mediterranean set to lose its importance
Koch emerges as American Phoenix charterer EXCLUSIVE: New generation Jones Act product tanker set to debut this summer
European Commission's ship recycling proposal under scrutiny Debate in industry about whether further regulation on top of IMO convention will prompt EU owners to reflag
Alaed heads back to Russia after insurance ban stops it delivering arms to Syria Pulling P&I cover meant it could not stop en route
Hansa Mare slashes its fleet Ship management transfers see small boxships join Peter Döhle pool
Gloomy German owners foresee insolvencies and mergers Sentiment has worsened significantly over the last year, PwC survey finds
APMT to tackle carriers' opposition to Virginia port bid Hanjin and K Line oppose bid to operate Hampton Roads terminal
A chance to shine Why you should enter the Lloyd's List Global Awards
AAPA survey reveals $46bn US port infrastructure spend Private sector spend tops state investment
China taps into cruiseship building Beijing-based leisure service provider to invest $488m in what could be the first Chinese-made cruiseship
Sub-panamaxes bring hope for boxship rates Orders are minimal but emerging markets will return to growth this year
Finland to source heavy fuel oil for desulphurisation project Port of Hamina Kotka looking to supply up to 1.2m tons 0.1% sulphur fuel
Maersk Line goes ahead with Asia-Europe peak-season surcharge EXCLUSIVE: Danish line stands firm as rivals bide their time
Pacific Basin posts $190m loss on ro-ro fleet Dysfunctional European market smashes Hong Kong dry bulk specialist's diversification strategy
Strong growth forecast for north European box ports Ocean Shipping Consultants sees gateway demand growing 41%-59% over 2011-2020
Regulator gives Philippines six more months to improve education standards 'Pass or fail' audit will take place at year-end or early 2013
Pirates threaten east Africa offshore vessels Slow, expensive tonnage becomes a target as security tightens elsewhere
East African development could attract potential pirate targets As security in the Horn of Africa tightens, pirates seek new pastures
Summa cuts deal for controlling stake in Fesco Russian trading and investment group is also in talks to buy 3.7% stake in the transport and logistics company from the EBRD
Crude's Asian feedstock future THE naphtha-biased orientation of Asian crackers means the crude byproduct is likely to remain a major feedstock in the region, IHS Purvin & Gertz's Asia LPG seminar heard today
Germany funds P+S Werften rescue GERMAN authorities agreed today to provide up to €152.4M ($192.3M) in loan guarantees to rescue east German yard P+S Werften
China boost for LPG trade CHINA'S upcoming propane dehydrogenation plants will revive its LPG imports, IHS Purvin & Gertz's Asia LPG seminar heard today
Indian owners end Iran oil liftings SHIPPING Corp of India (SCI) and GE Shipping have stopped taking orders for July for carrying crude from Iran as European sanctions begin to take effect from 1 July
TWIC relief for US mariners THE OBAMA administration has eased the rules for renewing TWIC cards for US mariners and terminal workers
Global LPG supply being ramped up GLOBAL liquefied petroleum gas supply is being ramped-up, fuelled by ongoing natural gas production, IHS Purvin & Gertz's Asia LPG seminar heard today
German owners expect shakeup SENTIMENT among German shipowners and managers is going from bad to worse this year, with investments and hopes of a recovery pushed back further, according to a survey released in Hamburg today
Alternative finance finds favour ALTERNATIVE sources to bank financing have gained importance in shipping in the recent past and the trend is likely to gather momentum in the future, a shipping analyst says
Subsea 7 wins $95M contract SUBSEA 7, the London based seabed to surface engineering group that is listed in Oslo, says it has won a $95M contract involving an offshore development in the UK Central North Sea
ReCAAP reports improvement ONE incident of piracy and six armed robberies occurred in Asia last month, a "marked improvement" compared with the same period of 2010 and 2011, said the ReCAAP Information Sharing Centre in its just-published review covering May
German coal imports to drop IMPORTERS of steam and coking coal in Germany, Europe's largest economy, expect shipping volumes to decline this year
Golar LNG votes to delist AN EGM in Golar LNG, the listed company in the centre of John Fredriksen's LNG business, has approved the board's proposal to delist the shares in the company from Oslo Stock Exchange
Forum Participants Say Shippers Lack Understanding of Indexed Contracts Long-term container-shipping contracts based on various freight indexes are gaining ground, but their progress is being slowed by a lack...
European Shippers' Council Opposes Mandatory Container Weighing The European Shippers' Council criticized a maritime industry proposal that containers be weighed before loading on ships as "a false...
Port of Jacksonville to Handle Disney Merchandise Shipments MOL's TraPac Container Terminal at the Port of Jacksonville is set to handle shipments of most of the merchandise imported...
JOC Economist Lowers Forecast For Container Traffic Sluggish economic growth, a weak jobs market and flagging consumer confidence have led Journal of Commerce Economist Mario O. Moreno...
For-Hire Truck Tonnage Slips 0.7 Percent in May For-hire truck tonnage fell 0.7 percent in May from April but grew at a slightly brisker pace on a year-over-year...
Panama Canal Completes Building First Pacific Lock Section The contracting group that is building the new set of locks at the Panama Canal completed the first monolith of...
YRC Freight Cuts One Day Off Hundreds of Major Routes YRC Freight said it has cut at least one day of delivery time on hundreds of its North American supply...
FedEx Curbs Air Capacity, Expects Slower Global Demand FedEx plans to retire older plans and take delivery of fewer new aircraft as the parcel giant expects global economic...
London Heathrow Cargo Volume Drops 3.8 Percent London Heathrow airport handled 3.8 percent less cargo in May than a year ago and is bracing for further declines...
Insurer Withdraws Coverage for Ship Carrying Cargo to Syria U.K. marine insurer Standard Club has withdrawn coverage for a Russian cargo vessel said to be transporting attack helicopters and...
NVOs Pay the Price for Peak-Season Surcharges Ocean carriers' failure to fully implement planned peak-season surcharges on the trans-Pacific trades in May has created a two-tier market,...
Report: Long-Term Prospects for North Europe Container Trades Are Strong Long-term prospects for the northern European container trades are "strong" despite short-term macro-economic uncertainty in the eurozone, according to a...
Oman Air Posts Record Cargo Tonnage Middle Eastern carrier Oman Air saw its cargo tonnage rise 33 percent in the first five months of 2012, on...
Hapag-Lloyd to Hike Rates on Asia Services Hapag-Lloyd plans to implement a new round of general rate increases on its East Asia services that will take effect...
South Carolina ports prepare for Panama Canal widening with 'aggressive' investment South Carolina Ports Authority (SCPA) is gearing up for the 2014 widening of the Panama Canal (PC) after it announced that the 'most aggressive' investment plan ...
AS&E to supply Abu Dhabi Customs with security equipment Billerica (MA)-based American Science and Engineering (AS&E), a supplier of innovative X-ray detection solutions, is to provide Abu Dhabi Customs with two ...
ICS criticises Chile's shipping reform stance The Chilean Government is the latest to propose radical changes to its maritime regulatory environment and in so doing end anti-trust immunity to shipping conferences. ...
Indian economy slowing There is some evidence that the soar away success story of India's economy has hit a wall. Indeed, following the announcement last week of a nine-year low growth ...
Manchester Ship Canal service improved Peel Ports has improved its all water service between Liverpool and Manchester (UK). The barge has been replaced by a 160TEU coaster (M/V Monica, in photo), ...
Dynamic coalition push proposal for weighing of all containers A strong coalition of governments, industry and labour unions have co-sponsored a formal proposal that all loaded containers be weighed and certificated before ...
Rena: salvors stood down
G20: leaders urge eurozone action Global leaders meeting at a G20 summit in the Mexican resort of Los Cabos, have urged the eurozone to 'take all necessary measures' to overcome its debt crisis ...
Hapag/Hamburg switch Med-PNW call to Tacoma Hapag-Lloyd plans to switch a call on its MPS service between the Mediterranean and the west coast of North America from Seattle to Tacoma, Wash. The German line operates the service alongside compatriot line Hamburg Sud.
NYK increases second India loop 56% The ocean carrier NYK has raised capacity on another of its weekly Asia to Indian west coast loops. This time it is its HLS service, on which it is increasing the size of the vessels to 2,742 TEUs.
U.S. Xpress names Bowman sales VP
Zebra expands marine terminal automation
Pittsburgh port adds waterway Wi-Fi
Summa takes controlling stake in FESCO Russia's FESCO Transportation Group said Tuesday Industrial Investors Group and Summa Group have signed a sale-purchase agreement (SPA), under which Summa will take a controlling interest in Far Eastern Shipping PLC.
Shipco starts Atlanta-Gothenburg LCL service
Maritime groups press for container weighing
Marseilles targets China volumes
Obama invites Mexico to TPP talks With Mexico joining the Trans-Pacific Partnership negotiations, it's expected to significantly expand the potential scope of the far-ranging agreement between nations in North America, South America, Asia, and Oceania.
Washington Notebook: Michigan gets infrastructure handout from Canada
Fujairah prices drop further Average IFO prices down by $10 to $15 pmt.
Prices fall sharply in European hubs Double digit price falls seen in Rotterdam and Gibraltar.
Fresh blow for biofuel prospects Biofuels will continue to be 'far more expensive that petroleum-based products.'
Bunkering in a Bureaucracy Opportunities exist in maritime India, where a risk averse approach has avoided some of the excesses of the current credit and financial crises.
Scrubber installed on one of world's largest cruise ships 'Small size and low weight got our attention,' says Royal Caribbean Cruises.
Plans for Baltic desulphurisation plant Unit could take 2% sulphur fuel oil and transform it to ECA compliant low sulphur bunker product.
Bunker prices plunge across key Asian ports Prices fall in line with weaker crude oil prices, traders say.
Lower fuel prices to 'benefit' Carnival Carnival's earnings per share to increase on lower bunker prices, says investment bank.
Netherlands to 'accelerate' introduction of LNG bunkering Groups collaborate under the 'National LNG Platform' to coordinate LNG initiatives.
P&I club issues reminder on North American ECA Vessels sailing within US waters covered by the ECA 'must comply' with the new requirements when they come into force on August 1, 2012.
Bunker deliveries resume as typhoon leaves Hong Kong Typhoon may affect bunker deliveries at other East Asian ports.
Grindrod makes strategic acquisition Acquires 75.5% stake in Botswana-based fuel logistics firm.
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