Southwest Cargo introduces new tracking tool Dallas TX (USA)-based Southwest Airlines Cargo has introduced Cargo Companion, a comprehensive asset tracking service that provides customers with complete visibility regarding the...
Maack, Krüger and Ihro win Elvis quality award At the end of 2011, the part-load service alliance Elvis Teilladungssystem GmbH introduced an electronic quality report system to evaluate operative processes among its members. Th...
Trial for new scrap haulage service in UK UK-based Freightliner Heavy Haul has carried out a trial scrap service from Network Rail's materials handling depot in Crewe to Sahaviriya Steel Industries UK (SSI). The tra...
New intermodal terminal open for business in South Australia Another important step has been taken towards improving South Australia's freight infrastructure with the expansion of the Bowmans intermodal terminal between Port Wakefield and Ba...
Ryder Europe takes over Euroway Group in UK Ryder Europe has acquired Euroway Group Ltd, a commercial truck leasing, maintenance and fleet management provider that operates a fleet of 1,419 commercial vehicles. Euroway is pr...
Evergreen to launch Yangon feeder service The Taiwan-based container shipping company Evergreen Line is set to commence a new Straits-Yangon (Myanmar) service (referred to as the SYS) from late August, exchanging space wit...
New integration and change manager for S2S IMI Group The S2S IMI Group has appointed Alvaro Casas-Cobaleda as integration and change manager for its logistics division. Casas-Cobaleda will be based in Jeddah (Saudi Arabia) and report...
Quintiq reorganizes finance and controlling department Quintiq, a provider of planning, scheduling and supply chain optimization software, has announced its new finance team. Mike Coluzzi, who has been named chief financial officer, wa...
Kuehne + Nagel opens a new warehouse facility in New Zealand The Schindellegi (Switzerland)-based service provider Kuehne + Nagel has opened a new warehouse facility in Auckland (New Zealand) to meet the growing demand for integrated logisti...
Ceva Logistics: turnover up, operating profit down The international logistics service provider and SCM specialist Ceva Logistics boosted its Q2/2012 turnover to EUR 1.808 billion, a 5.5% increase compared to the EUR 1.713 billion ...
Logwin takes on web shop logistics for Bench Logwin, an international logistics service provider based in Grevenmacher (Luxembourg), has stepped up its collaboration with Americana International Ltd, the exclusive distributor...
TBS International confirms sale of tweendecker pair But charter-ins still not priced right, says resurgent post-Chapter 11 firm
Port operator positions itself to tap African growth Bolloré Africa Logistics seeks new concessions as Panama Canal expands
German bank provisions point to further KG collapses Commerzbank, DVB and others prepare for the worst
Time for an EU Sosrep? The plight of MSC Flaminia raises the question of how to spare vessels in a critical condition from being forced to stay out at sea
Capacity crunch Maersk is right to worry about the influx of new ships
Know your enemy Lloyd's List channels the thoughts of a Puntland chief to try to outwit the pirates
StealthGas' second-quarter profits beat Wall Street estimates Chief executive Harry Vafias eyes further improvement in smaller LPG carrier rates
Capesize owners idle tonnage as rates near historic lows Older vessels being taken off the spot market but energy efficient ships are chartered out
Fednav strengthens hold over Great Lakes by ordering six ships Ice-class vessels are part of fleet rejuvenation trend in Canada
General Average Insurers count the cost of boxship casualty
European states discuss transit passage for MSC Flaminia Ireland denies owners made request for a place of refuge
UK flag jobs for British seafarers Government should act to ensure a trained and committed maritime workforce
Iraq cargoes offer suezmaxes a lifeline Mediterranean spot-market vessels ballast to Iraq to seize August export surge
Shipyards report lowest volumes ordered since 1999 Poor forward prospects contrast sharply with this year's record deliveries
Tilbury joint venture with Bilbao secures European aid Motorways of the Sea funding will help to shift 225 km of truck miles to short sea
Analysis: Beware the 2013 capacity crunch Lloyd's List Intelligence analysis flags uphill struggle for container lines
Yang Ming eyes leasing partner for ultra-large boxship deal Chartering a vessel would allow Taiwanese liner to face less financial pressure when joining the megaship club
SHI plans $441m bond sale South Korean shipbuilding giant seeks to build working capital
P&I Club membership An exclusive and unique glimpse into the P&I sector
Shipbrokers sound warning over Kiel Canal blockages Failures of the locks at Brunsbüttel and Holtebau demonstrate poor state of the infrastructure
Iolcos dismisses reports of fresh panamax order Greek owner may return to the yards in future
Senators demand access to $8bn dredging fund Under-investment forcing ships to light-load in US waters, politicians claim
Hapag-Lloyd joins 13,200 teu club New arrival Hamburg Express named at Container Terminal Altenwerder
Ocean Rig lines up work for two newbuilding drillships Economou looks to bright future for rigs despite taking second-quarter hit
DryShips stays in the red as Ocean Rig disappoints Economou says drilling subsidiary is key to enduring rough seas for bulk shipping
Fednav orders six handysize bulkers at Oshima Japanese yard to deliver ships in 2015-2016
Maersk downgrades its global box trade forecasts Exclusive: Skou says line is equipped to cope with a downturn
LPG rates buoy StealthGas NASDAQ-listed StealthGas today reported a doubling of adjusted profits as it reaped higher charter rates for its LPG fleet
Vale spared worst in iron ore slump VALE SEEMS to have dodged the worst knock-ons from the global slump in iron ore demand, judging from transhipments at the Brazilian miner's Subic Bay hub
Höegh LNG and banks agree to loan deal NORWAY'S listed Höegh LNG said today it has received commitment letters from four banks for a $250M corporate facility
WWASA cuts Hyundai Glovis holding to 12.5% NORWAY'S Wilh. Wilhelmsen said today it has reduced its holding in global logistics group Hyundai Glovis by 2.5 percentage points to 12.5%
STX Pan Ocean losses seen for full-year STX PAN Ocean is likely to report losses for2012, with the BDI unlikely to rally within this year, a shipping analyst predicted today
Korean vehicle exports fall 10.4% SOUTH Korean vehicle exports to the eurozone have fallen 10.4% year on year, according to Seoul's economy ministry
Priamos embraces box P&I GREEK owner Priamos Maritime has paid $6.5M for Nord Reederei's 1997-built Nordeagle, broking sources told Fairplay today
LR1 rates fall again RISING Gulf tonnage availability has pushed down LR1 rates by 2.67 Worldscale points week on week
Economou warns on bulk trades GEORGE Economou-led DryShips today posted higher than expected losses driven by plummeting bulker rates
Public Won't Pay Portland Compensation to ICTSI, Wyatt says Portland Executive Port Director Bill Wyatt said the port will not use public money to compensate terminal operator ICTSI for...
Obama Releases $473 Million in Transport Funding to States The Obama administration on Friday made $473 million in funding originally allocated to earmark projects available to states. The...
Tropical Shipping to Hike US-Canada to Caribbean Rates Tropical Shipping plans to implement a general rate increase for shipments between the continental U.S., Canada, the U.S. Virgin Islands,...
Tonnage Climbs 8.2 Percent at Port of Hueneme Cargo tonnage at the Port of Hueneme, California, increased 8.2 percent to 1.3 million metric tons in the fiscal year...
Royal Mail, ZJS Express Launch Europe-China Service The U.K.'s Royal Mail's announced its GLS European parcel delivery unit has teamed up with China's ZJS Express to launch...
Can Trucking Solve Its Driver Problem? Derek Leathers is frustrated with those who don't believe there's a shortage of truck drivers in the U.S. "We were...
Trucking Payroll Still 7 Percent Below Peak In trucking, employment has only made a half-hearted recovery. The Journal of Commerce Trucking Employment Index rose in July to...
Commentary: Due Diligence to Protect Your Assets When the Los Angeles County Bar's Customs Law Committee met with the local U.S. Attorney in July, one point got...
Commentary: A Lesson to Be Learned From Airlines For only the second time in recent years, liner companies are managing vessel capacity in the major east-west trades effectively...
Singapore Airlines Launches First Weekly Freighter Service to South America Singapore Airlines Cargo on Friday launched its first weekly freighter service to South America: a flight to Brazil via Hong...
Hapag-Lloyd Names First 13,200-TEU Ship Hapag-Lloyd today named the "Hamburg Express," the first of 10 13,200 20-foot-equivalent units container ships, the largest in the German...
Shipping Rate, Surcharge Update for Week of Aug. 13-17 German container carrier Hamburg Sud will raise its rates on trades from the Indian subcontinent and the Middle East to...
US Poultry, Egg Exports Set Half-Year Record Led by sharp increases in shipments to Mexico, Russia, and other key markets, U.S. poultry meat exports for the first...
Boskalis Revenue, Order Book at All-Time Highs Boskalis Westminster's first half profit dipped 10 percent from a year ago to 102.5 million euros ($126 million), but the...
International Cargo Volumes Rise for ANA, JAL Japan's All Nippon Airways Co. (ANA) said that its international cargo volume grew for the fifth consecutive month in June...
Hapag takes control of its first 13,200TEU ship A new era beckons for Hapag-Lloyd and its customers as Germany's largest liner shipping company starts to phase in its new generation super-post-panamax ships of ...
ICTSI raises its stake in PICT International Container Terminals Services Inc (ICTSI), the Manila-based operator of container/general cargo-handling facilities, has upped its stake in Karachi's ...
Maersk to halt reefer box purchases Maersk Line is to halt its reefer box buying programme and will not add to this part of its equipment pool in 2013. The decision has been made because of what the ...
Hamburg Sud christens final ship in series
COSCON go for the GRI burn COSCO Container Lines has announced a raft of general rate increases and rate restorations across its portfolio of liner services as it seeks to keep up the momentum ...
LA's imports on the rise as LB's sink for July Combined loaded imports for the ports of Los Angeles (LA) and Long Beach (LB) declined by 4.5% year-on-year for the month of July; but separately LB suffered a ...
India's PM promises easier investment for foreign companies During his Independence Day speech to the 1.2 billion populated nation on Wednesday, Indian prime minister, Manmohan Singh pledged to take urgent steps to boost ...
Finger on the trigger StealthGas is finally closing in on the second stage of its fleet renewal drive, according to chief executive Harry Vafias.
Stealth spots tasty trend Appetite for period deals on the up as charterers seek protection from rising LPG rates.
Stealth spots tasty trend StealthGas is starting to encounter a growing number of blue chip counterparties that are interested in penning long-term LPG charter contracts.
Moody's revises outlook Moody's Investor Service took a red pen to its ratings outlook for Seacor Holdings Friday amid concerns about persistently weak earnings and higher debt load.
Dividend debate drags on Another equity analyst has joined the debate about Nordic American Tankers and the preservation of its present quarterly dividend.
TTA to bulk up A second quarter loss has not dampened Thoresen Thai Agencies' appetite for new bulkers.
Viking Line loss grows First-half deficit bigger for ferry group, with no improvement on the cards.
Stealth sheds the red Stealthgas turned in a second-quarter profit Friday despite a modest decline in voyage revenues.
DryShips dances two-step DryShips may have misses Wall Street's earnings marker but the company's second quarter report was not dominated by bad news.
Limarko goes all in Lithuania's Limarko has placed all its remaining vessels into the Hamburg-based Alpha Reefer Transport Pool.
Breeze beached in Chile A Philippines bulker has been battered by big waves after grounding on a Chilean beach.
WW well set after sale Wilh Wilhelmsen's $170m cheque from the sale of a slice of Glovis shares has given it more than enough fire power to fund its newbuilding ambitions, analysts say.
Tallink on the up Estonian ro-ro group Tallink has increased second quarter earnings after ditching an unprofitable route.
Not jolly for Roger Reederei Erwin Strahlmann vessel busted in the UK after 26 problems are pulled up.
Fire hits tanker A disabled French chemical tanker has been towed into Marseille after crew managed to extinguish a fire on board.
Hoegh seals FSRU loan Norwegian owner Hoegh LNG has clinched a $250m loan to finance its second LNG storage newbuilding in Korea.
Bargain VLs for Big John? TradeWinds digests the digits making the headlines this week.
Russian Register targeted A US pressure group has called on the Russian Maritime Register of Shipping to stop classing vessels linked to Iran.
Haisheng's horror half Chinese tanker and bulker owner falls to loss as result declines 560%.
"Stricken" boat steams off The crew of a Maersk boxship have been left shocked as a supposedly stricken boat sailed back to Indonesia after transferring 62 asylum seekers.
Greenland grounding A German containership has been holed above the waterline after running aground off Greenland.
Leaving it late? We take a look at what was said in the market over the past week.
Bumi Armada profits up Bumi Armada has seen second quarter profits jump over 50% from a year ago thanks to lower operating costs.
MSC Flaminia heads west Reederei NSB has moved the damaged containership MSC Flaminia further west in a bid to avoid deteriorating weather conditions.
Damen wins floatel job Damen Shipyards Group has won a contract to convert a former jack-up rig into a floating accommodation unit.
Drillships boost DryShips DryShips has slumped to a loss, but it could have been worse had it not been for its drillship operations.
A fresh look for TradeWinds Shipping's number one newspaper unveils exciting new design.
Marco tankers change hands Credit Agricole's campaign to find a buyer for three tankers tied to the bankruptcy of Marco Polo Seatrade appears to be drawing to a close, TradeWinds has learned.
Retail giants partner on mobile initiative NRF, in partnership with its member companies, has launched an Integrated Mobile Initiative (IMI), which it bills as a first-of-its-kind initiative to act as a single source of information around challenges and opportunities with mobile retailing.
Trade Technologies opens in Canada
SEC to issue anti-corruption, 'conflict mineral' rules The agency is expected to announce rules on Aug. 22. The provisions are part of the sweeping Dodd-Frank financial reform legislation.
Hapag takes delivery of first megaship The liner carrier held a naming ceremony Friday for its largest ever vessel, the 13,200-TEU Hamburg Express, the first of a series of 10 vessels ordered in December 2010 to be deployed on the Asia-Europe trade.
MSC stops Iran service
Panalpina offers improved temperature monitoring
Singapore Air starts all-cargo flight to Sao Paulo The carrier's cargo division on Friday launched its first scheduled freighter service to South America, connecting Singapore, Hong Kong, Dallas-Fort Worth International Airport and Sao Paulo, Brazil.
Shipping companies warned about new Iran sanctions
Global bunker prices rise for second consecutive week Global bunkering hubs prices continue to climb.
Bunker fuel prices uncertain as week ends Trading was average on the US Gulf, according to a local bunker player.
Response to Marine Oil Spills Publication released New edition provides comprehensive review of problems posed by marine oil spills and discusses all response measures.
Staatsolie closed on Monday Employees will be taking calls and emails on the holiday.
Risler Bunkering closed for holiday Business will resume as normal from August 21.
Rena clean up estimated to cost $50 million Documents show estimated total costs of the clean-up have soared well above the initial allocation of $25 million.
Bunker's Oil Trinidad & Tobago granted marketing licence Any fuel purchased by Bunkers Oil Trinidad and Tobago Ltd must initially be purchased from state-owned Petrotrin.
Scrubbers could become 'standard' Difficult to see how global refining industry 'could cope' otherwise.
Fujairah prices stay soft as week closes Fujairah stays soft while prices move up across South African ports.
Market softens in north west European ports Marine fuel prices at Rotterdam begin to soften although gas oil holds firm.
Tolson leaves Noble The future direction of Noble's bunkering business is unclear.
Engine room 'revolution' pays off at DFDS 32 vessels participated in the company's second quarter 'Bunker Prize' competition.
Chinese authorites seek damages for bunker spill 'We will see whether a settlement can be reached, otherwise the case will go to court,' says Shanghai official.
Credit concerns sharpen as downturn deepens 'We are much more attuned to credit issues than ever before,' says bunker MD.
Prices end week mostly lower Demand largely average at key Asian ports.
Bunkering operations resume in Hong Kong Rough sea conditions still expected, according to local traders.
Programme cuts Ultrapetrol's fuel expenses Savings will enhance earning margins in the future, it says.
Titan proposal has 'significant flaws', says investor Proposed plan will not resolve its 'manifest insolvency', says Warburg Pincus's subsidiary.
Bulk shipping market facing 'multiple challenges' Shipping segment will remain 'a drag' on DryShips result unless freight market recovers, says CEO.
Bulk carrier owner denies liability of unpaid bunkers Trogir Maritime claims that it was not a party to the purchase agreement with O.W. Bunker.
Bunker demand 'on rough seas' for past decade Ongoing economic crisis and financial constraints adding to woes of bunkering and shipping businesses.
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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