Loïc Gay becomes managing director of DSV Air & Sea France Loïc Gay has been appointed managing director of DSV Air & Sea in France. He will be responsible for the country's eleven DSV affiliates. He began serving DB Schenker from 1998...
Russian Railways' network loads 1.064 billion t of freight Russian Railways reported that its network loaded 111.2 million t of freight in October 2012, 1.3% more than in the same month in 2011. According to the latest figures, the railway...
16,000 teu containership "CMA CGM Marco Polo" starts operations The French shipping group CMA CGM took delivery of the "CMA CGM Marco Polo", the world's largest containership, in Ningbo (China) on 7 November. The new 16,000 teu vessel...
Bigger fleet for forwarder Ansorge Ansorge, a German forwarding company based in Biessenhofen/Ostallgäu, has added 30 new trucks to its fleet. The new vehicles include 22 tractors and eight swap trailer vehicles fro...
PKP Cargo now an independent cargo carrier in Belgium PKP Cargo, the freight division of the Polish State Railways PKP, recently received a part B safety certificate from the Belgian authority responsible for rail transport. The permi...
Tasmania's largest road infrastructure project completed Tasmania's largest ever road infrastructure project has been opened to traffic with the official inauguration of the AUD 191 million (EUR 156.8 million) Brighton bypass, months ahe...
Afriqiyah Airways orders more A350s The Libyan carrier Afriqiyah Airways has expanded an existing order with Airbus for six A350-800s. The airline now wants larger A350-900 aircraft, which can carry 36 ULDs instead o...
First B787 delivered to Qatar Airways Qatar Airways became the first Middle Eastern operator of Boeing's B787 Dreamliner when the first of 30 such units the airline has on order was delivered one week ago. The aircraft...
GNV and Caronte set to cooperate The Italian ferry shipping line Grandi Navi Veloce (GNV), which is headquartered in the port of Genoa, is set to launch a daily service between Civitavecchia and Termini Imerese (b...
Sandra Tagand appointed head of air cargo at Schenker SA in France Sandra Tagand has been appointed head of air cargo at Schenker SA in France. She reports to Philippe de Crécy, Schenker SA's managing director. Her main mission will be to improve ...
Three appointments at Chapman Freeborn in Moscow The aircraft charter specialist Chapman Freeborn is reinforcing its position in the Russian market with two new senior managerial appointments. Alexey Zuev has been named commercia...
Loxxess and Tele Columbus step up collaboration The Tele Columbus group, one of Germany's leading cable network providers, and service provider Loxxess AG, which has developed a logistics solution for the new media at its locati...
DirecTV signs four-year contract renewal with Kuehne + Nagel DirecTV has awarded a new four-year contract to Kuehne + Nagel (K + N) to manage its US warehousing operations and inbound international transportation. DirecTV Inc is one of the w...
Project cargo network appoints Stella Group in northern Europe The Project Professionals Group (PPG), a project forwarding network, has selected the Stella Group to be its new project support member for Finland, the Baltics and Russia. PPG gen...
TNT Express announces conditional sale of airlines to ASL Aviation Group TNT Express NV has announced the conditional sale of 100% of the equity interest in TNT Airways SA, based in Belgium, and the Spain-based Pan Air Lineas Areas SA to ASL Aviation Gr...
Boxships are not alone in feeling the Asia-Europe squeeze Japan's car carrier trio face uncertain prospects as volumes fall
Load Line eyes handysize bulker order Three-year-old company firm ponders greener tonnage
Abu Dhabi port chief scores at Khalifa Football fan Douglas says 'the ball hit the net' as port opens on time and under budget
Northern sea route: looking at risks, costs and prospects Russia must take strides to make foreign operators feel confident about safety in the NSR while boosting competitiveness through lower transit costs
Eco-design versus optimisation The costs and impact of ecoships need proper assessment
The big decision facing owners When it comes to fleet expansion, shipowners face just three choices
Shipping debt-to-equity ratios still soaring EXCLUSIVE: Banks in line for $23bn loan losses
Bangladeshi breakers come back to market Busy week bucks slowdown in China
Diana Containerships aims for stable payout Boxship owner pledges to build 'a solid business' to survive tough market
Talks stall over refinancing Marenave fleet But long-term charters deliver profit to German shipping firm
A certain ratio Not every company reporting poor debt to equity ratios is on death watch
Coscon joins MSC in mid-December rates hike News comes as analysts report that carriers made November rates increase stick
Green, greener, greenest In today's world, commercial challenges are as real as environmental ones
Abu Dhabi Terminals transfers boxes out of Mina Zayed Shift to Khalifa Port is two months ahead of schedule
Grimaldi adds more ships to newbuilding order Italian ro-ro specialist to resume Tunisia service after settling protectionist dispute
Mother of all battles OSG faces major obstacles in its drive to emerge from bankruptcy
OSG Chapter 11 case gathers traction in Delaware NYSE shares delisted as company and creditors gear up for December 7 hearing
Maersk shifts investment focus away from shipping Andersen repositions group to target oil, drilling rigs and terminals
ABS switches six executives to foster professional development Gumpel promoted and Gallagher moves to New York to improve 'client interaction'
Gains in Asia/Europe box rates are regressing RATE GAINS on Asia/North Europe box routes are regressing, with analysts predicting that general rate increases for November will prove unsustainable
More KG feeders insolvent INSOLVENCIES of KG German feeder box ships soared over the past few days, as lenders lose patience with managers and investors
Japan orderbook falls 27% JAPAN'S yard orderbooks shrank by 27% year on year in October
Reefer reversal building? OPERATORS of reefer vessels are plucking up courage again as shippers of fresh produce reassess options in light of box rate rises, the Dutch research group Dynamar has reported
Brokers see older box tonnage lagging CHARTER rate differentials will increase between modern 'eco'-type box ships and older standard designs, according to a survey
Tallink 3Q profits soar 22% ESTONIAN ferry group Tallink has reported a 22% rise in 3Q profits to €49.6M ($63.2M), despite a 13% rise in fuel costs
Yangzijiang diversifies with 40% stake SINGAPORE-listed Chinese yard Yangzijiang Shipbuilding said it has continued its diversification beyond shipbuilding with a key stake in a new subsidiary
HHI's new orders drop 25% HYUNDAI HI of South Korea told Fairplay today its new orders for October 2012 dropped 25% against the same period last year, on continued weak demand
Jiangnan wins huge VLGC order CHINESE LPG importer Oriental Energy has confirmed to Fairplay that it has booked six 80,000m³ VLGCs at Jiangnan Shipyard - with options for up to 16 more ships
China to raise oil imports as economy stabilises CHINA is ready to expand oil imports as economic growth returns, tanker consultancy Poten & Partners has predicted
Panamaxes key bulker S&P PANAMAXES dominated the S&P market for bulkers last week, as the depressed freight market forced asset prices down to attractive levels
Oakland Port Maintenance Workers Call Strike Port maintenance workers in Oakland represented by the Service Employees International Union plan to strike Tuesday, protesting what they charge are unfair labor practices by the port authority during contract negotiations. The SEIU intends to hold a press conference at the end of the first shift on the docks Tuesday. If...
NYK Connects Its Largest Solar Energy Generating System to Power Grid NYK Trading Corporation's ribbon cutting ceremony. TOKYO - NYK Trading Corporation, an NYK Group company (head office: Tokyo; president: Motoo Igawa), has connected NYK's largest solar energy generating system to the community's power grid. The 500-kilowatt system, which is located at a warehouse owned by Yusen Logistics (Americas) Inc. in the U.S....
Rhenus Opens New Logistics Center in Germany European logistics provider Rhenus has opened its newly constructed 41,000-square-meter logistics center in Frankfurt, Germany. During the opening ceremony on Nov. 16, Michael Brockhaus, a Rhenus board member, handed over the symbolic key to Martin Lohmeier, the branch manager at the site. The multi-user warehouse has more than 21,000 square meters of...
WTO Launches Interactive Trade Data Tool The World Trade Organization today launched International Trade and Market Access, an interactive tool that presents WTO data on merchandise and commercial services trade, as well as selected market access indicators from the publication World Tariff Profiles. The tool can be accessed through the WTO's website and is presented in the...
Easy Vehicle Mover for Long Distances The Stringo 450 LD is designed to quickly and safely transport vehicles of up to three tonnes over long distances. The operator has full control over loading and faces forward while driving. The roll-over protection bar and a thick rubber plate protect the operator and vehicle in case of rapid...
Three Labor Disputes Threaten Portland Port The Port of Portland, Ore., is in the eye of a storm that could result in job actions from three different labor disputes shutting down some or all of its marine terminals. Of most immediate concern is a contract impasse between 25 marine security officers and the port authority. The security...
Strikes Set to Hit New Zealand Ferry Service Two unions, the Aviation and Marine Engineers Association and the Merchant Services Guild, have issued strike notices to Interislander, the road and rail ferry service across New Zealand's Cook Strait, owned and operated by state-owned rail operator KiwiRail. The notices follow several months of negotiations, according to Thomas Davis, Interislander's general...
Port of Tallinn Signs Agreement With Chinese Export Development Corporation Estonia's Port of Tallinn and the China National Corporation for Overseas Economic Cooperation recently signed an agreement to support use of the port's industrial parks by Chinese exporters. The cooperation deal was signed in Tallinn by Ain Kaljurand, the port's chairman of the board, and Ma Zhiwu, CCOEC's president. CCOEC will use...
Election Gives Trucking Industry Some Regulatory Certainty, But Questions Remain Another four years of the Obama administration ensures little will change regarding the pipeline of trucking regulation, and despite some carriers and shippers' protests, the certainty helps shippers and carriers, a truck regulation expert said Monday. Carriers and shippers also know they will have to take into account new costs fueled by...
Logistics Hiring Gap Growing Toward 200,000 Workers, Study Suggests Trucking may have its driver shortage and the airlines a pilot shortage, but those problems are only part of a larger supply chain labor challenge. About 270,200 logistics jobs will be created each year in the U.S. between 2012 and 2018, according to a study from the Georgia Center of Innovation...
Trucking Still Stable, But Capacity Slightly Tight, Says FTR Associates Nashville, Ind.-based transportation forecaster FTR Associates reported that its Shippers Condition Index in September was basically flat compared with August, indicating stable but slightly tight truck capacity. Shippers should expect to see a gradual deterioration in shipping conditions at the end of 2012 and throughout 2013 because of slowly increasing freight...
AASHTO Names Executive Director Frederick G. "Bud" Wright, AASHTO's new executive director. The board of directors of the American Association of State Highway and Transportation Officials today voted to approve Frederick G. "Bud" Wright as executive director. Wright is the organization's seventh executive director, succeeding John Horsley, who is retiring on Feb. 1, 2013. He has almost...
Worldwide Express Names Marketing VP Dallas-based package and freight shipping firm Worldwide Express today named Amy Milligan as vice president of marketing and business analytics. In the role, Milligan will lead business analysis initiatives, including translating organizational visions and strategies into measurable marketing goals. Milligan, who brings more than 15 years of experience to her new position,...
Transloading on the Rise ANAHEIM, Calif. - The transloading of cargo from marine containers into 53-foot domestic equipment near seaports ebbs and flows based on macroeconomic developments. However, the long-term trend is definitely upward, as retailers use the strategy to manage the inventory in their supply chains. Cambridge Systematics recently completed a study of transloading...
Existing Home Sales Rise in US Sales of existing homes in the U.S. in October rose 2.1 percent from September and jumped 10.9 percent year-over-year. October existing home sales, which include single-family homes, townhouses, condos and co-ops, rose to a seasonally adjusted annual rate of 4.79 million....
IATA Announces Successful Trials of Electronic Consignment Security Declaration The International Air Transport Association today announced successful trials of the Electronic Consignment Security Declaration, which meets regulatory demands for evidence that security measures have been applied to air cargo and mail. The e-CSD details how, when and by whom a consignment of cargo or mail has been secured, standardizing the...
Governor Seeks Extra $50 Million for Savannah Harbor Project Georgia Gov. Nathan Deal announced at the Georgia Ports Authority board meeting today that he will seek an extra $50 million to fund the Savannah Harbor Expansion Project, as part of his fiscal 2014 budget plan. If approved, the proposal will increase state funding for the dredging project to $231.1 million. The...
Clipper Heads New Vessel Pool Clipper Projects, the Danish project cargo and heavy lift operator, has established a pool of multipurpose ships with Swiss and German ship owners and managers. The new pool, including Zurich-based Enzian Ship Management and Germany's Freese Shipping, will initially comprise fourteen multipurpose ships of 15,000 to 20,000 deadweight tons. The pool will...
October Cargo Shipments Set Seaway Record The St. Lawrence Seaway today cargo shipments in October were 4.4 million metric tons, up 9.8 percent from October 2011. For the shipping season period to date, March 22 to Oct. 31, cargo shipments totaled 29.5 million metric tons, an increased of 1.4 percent compared with the same period in 2011. In...
NY-NJ Truckers May Seek State Action Frustrated by post-hurricane delays, New York-New Jersey port truckers say they may seek state legislation to prohibit marine terminals from charging detention and demurrage when congestion prevents prompt pickups and deliveries. "We're discussing it with our members, our attorneys, and politicians," said Jeff Bader, president of the Association of Bi-State Motor...
Khalifa does the business Abu Dhabi's main port operator has moved 90% of its container business to the emirate's huge new Khalifa Port just two months after the opening of the facility.Abu ...
COSCON join MSC in mid-December GRI Chinese state-owned ocean carrier COSCON has followed the lead of MSC in asking for a general rate increase effective December 15 on the downturn-plagued Asia - ...
TSA postpone GRI Members of the Transpacific Stabilization Agreement said in a statement that their intended December 1 rate rise of USD400 per 40ft container for west coast destinations ...
EU Chinese crockery tax... 'disingenuous rubbish' At least that is the view of the director general of the British Retail Consortium, Stephen Robertson, who is up in arms at the imposition by the EU of an immediate ...
APM Terminals pushes ahead with Badagry The Hague-based APM Terminals is pushing ahead with an ambitious project to build and operate a new deep sea port in Nigeria that will both serve as a new maritime ...
Seanergy confirms sales Bulker owner cuts capesize exposure as Restis clan rides to the rescue yet again.
Lukoil locks in MR The trading arm of a Russian oil giant appears to have fixed a medium-range (MR) product tanker for up to three years.
CIT crusade takes shape CIT will consider acquiring chunks of loan portfolios from banks that are looking to reduce exposure to shipping under a campaign to re-establish its reputation as a leader in bluewater finance.
Murmansk cutting losses Russia's Murmansk Shipping has reduced its nine-month deficit, but revenue was down.
Divi pledge sparks Diana A promise of a sustained dividend payout helped to push up shares in Diana Containerships today.
DRYS isn't OSG Deutsche Bank doesn't believe DryShips will be forced to file for bankruptcy in the near term but fears the risk of Chapter 11 could become an issue in the years to come.
Economou in the hot seat Wells Fargo Securities downgraded shares of DryShips Monday amid concerns surrounding $420m worth of unfunded newbuilding commitments.
Glencore back in action Glencore has entered the panamax period market to hire a Taiwan Navigation vessel.
Mitsubishi sells again Germany's Oldendorff Carriers has been linked to the sale of another panamax bulker by Mitsubishi Ore Transport (MOT).
CSCL's boxes of cash Hong Kong-listed CSCL is raising $112m from the sale and leaseback of 140,000 containers.
DCIX hits the mark Diana Containerships sees Q3 profit measure up against Wall Street forecasts.
Frontline will need boost Arctic Securities has taken a red pen to its VLCC rate forecast for the next two years.
OOCL faces French trial OOCL is to be prosecuted in France over the 2003 death of executive Courtenay Allan.
Mokster's Statoil success Simon Mokster Shipping has secured two more years employment for a platform supply vessel with Statoil.
Drill goes horribly wrong A probe has begun in Estonia after 20 crew were injured testing an escape chute from a ro-ro.
Who will survive? VLCC owners battling a "100-year storm" should expect rates to get worse with supply and demand to remain out of sync for at least two more years, DVB says.
Research ship stranded A CMA CGM research ship is stuck in the southern Indian Ocean after it struck a shoal.
Hanjin's boxship rush Korea's Hanjin Heavy Industries & Construction has confirmed a new contract to build boxships worth KRW 177.4bn ($163.2m).
Jiangsu wins tug quartet Xiamen International Port Co has signed up for four new tugs at a domestic shipyard.
Harry shuns bandwagon Greek owner Harry Vafias will not be climbing on the eco product tanker bandwagon any time soon.
Cosco in paper push China Cosco Holdings is plotting a visit to the bond market to help pay for investments outside of its homeland.
Golden charters PSV Golden Energy Offshore has agreed to charter a PSV newbuilding delivering that is due out of a Norwegian shipyard early next year.
Pizza sparks ferry scrap Two Britons have been seriously injured in two separate fights on a P&O ferry.
Subsea 7 makes more Oslo-listed offshore shipowner Subsea 7 is aiming for more Petrobras work after boosting third quarter profit.
Sentinel sells AHTS Sentinel Marine, the offshore vessel operator, has sold the second of its three anchor handlers on order in China.
STX wins car carriers STX Offshore & Shipbuilding of Korea has announced a deal to build up to four new pure car and truck carriers (PCTCs).
Shipping on hold AP Moller-Maersk will not invest significantly in shipping over the next five years and instead focus on its offshore and port sectors.
Norden sells again Danish shipowner Norden is said to have sold off more modern tonnage as it looks to focus on eco-designed tonnage.
US boxes defy Sandy US inbound container volumes are set to increase in November, despite the interruptions caused by Hurricane Sandy.
Prosafe makes it two Prosafe have converted a letter of intent for an accommodation semi-submersible into a firm contract at SembCorp Marine.
Rig fire claims two One man men is confirmed dead and another is missing following an explosion on an oil platform in the US on Friday.
Maersk's CEO says company will reduce container investment Nils Andersen, CEO of the A.P. Moller-Maersk Group, told the Financial Times that the company will invest more heavily in its oil, drilling, and ports businesses, and not as much in its container business Maersk Line.
ILA's Daggett vows fight on container royalties The union's president has broken weeks of silence during contract negotiations to state that employers "want to grab more money away from the ILA and its members by placing a cap on container royalty."
TSA delays December rate hike by 2 weeks
Maersk/CMA CGM Med loop slows, adds Beirut
Diana reports profit, adds 10th ship to fleet
European shippers see fallout from sulfur regs The European Shippers Council (ESC) expressed concern Monday about potential harm to several industries from new limits on the sulfur content of fuel used by ships in the Baltic and North seas and English Channel.
St. Lawrence Seaway sees uptick in cargo
Analysis: Freight industry to suffer if nation goes over fiscal cliff
Industry urges Senate PNTR approval for Russia The U.S. House on Friday approved the 2012 Russia and Moldova Jackson-Vanik Repeal Act legislation, which if approved by the Senate and signed by the president would establish permanent normal trade relations (PNTR) with Russia.
Bunker prices climbing in Fujairah Good avails in South Africa.
Bunker prices strart the week firm in Rotterdam Low sulphur residual product tumble in Piraeus.
Bunker stem sizes up in 2011 Data used for IMO sulphur monitoring show increase in stem sizes, but shrinking overall HFO volumes tested.
IMO reviewing structure of committees Proposes to rename the Sub-Committee on Bulk Liquids and Gases (BLG) to the Sub-Committee on the Environment.
DME opens office in Singapore Exchange is considering launching a fuel oil contract.
Slow-steaming close to shore cuts emissions, US study finds The new study highlights significant falls in ship emissions from slower speeds.
'Medium speed' ferries focus on fuel consumption Incat research project looks at cutting 'fast ferry' speeds to less than 30 knots.
Argentina asks UN to free navy ship Plea made to UN maritime court in Germany.
'Bunker Prize' motivates best practice at DFDS 'Finding further fuel savings has become part of everyday culture on all ships,' company says.
Russian refinery to cut fuel oil output Central Russian refinery will have 'residual processing plant' on stream by 2015.
Fears for UK-Europe ferry route post-2015 Higher fuel costs could see ferry operators cutting back services.
Modern ships sold as 'eco' focus sharpens Norden has sold two recently built ships.
Week opens with higher bunker prices Bunker prices higher while demand mixed at key Asian ports on Monday.
WFS a 'superior' marine fuel counterparty, says CEO Company sees 'very small impact' in terms of write offs from the marine fuel segment.
Shipowner seeks to repair vessel arrested for unpaid bunkers It is in the 'interests of all claimants' that the repair of the Ratan Fidelity is permitted, says Ratanpur Shipping Lines.
NAT moves 'aggressively' to reduce energy consumption In the midst of testing 'inexpensive' fuel saving measures, it says.
Safe LNG bunkering operations in Singapore 'feasible' 'No apparent obstacles' in implementing operating models, joint industry project concludes.
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