Cathay Pacific expands cargo presence in India Starting yesterday (17 May 2012), Hong Kong's Cathay Pacific Airways further expanded its presence in India with a new twice-weekly freighter service to Hyderabad, making it the fi...
Precision Air launches two new destinations and postpones two new services Today (18 May) Tanzania's Precision Air is starting a new thrice-weekly service to Lubumbashi (DR Congo) and the Zambian capital Lusaka. Another planned service to Lilongwe and Har...
US rail carload traffic continues to shrink The Association of American Railroads (AAR) reported that the number of US rail carloads amounted to 1,113,105 in April 2012, a decrease of 64,335 carloads or 5.5%, compared to Apr...
DSV Road: changes in the management The DSV group chose Peter Fog-Petersen as the new managing director of the Bremen (Germany)-based DSV Road GmbH, effective 1 May. His predecessor, Brian Ejsing, immediately shoulde...
Air Nigeria postpones Jo'burg service resumption Air Nigeria has postponed the service resumption on its Lagos - Johannesburg (South Africa) route. The thrice-weekly service was due to start from today (18 May) but has now been p...
CargoLine continued to grow in 2011 The general cargo alliance CargoLine boosted its consignment volumes and sales in business year 2011. By the end of the year the company had transported nearly 11.6 million shipmen...
Camion Transport wins eco performance award This year's Eco Performance award has been presented to the Swiss transport and logistics company Camion Transport AG and to the Turkish enterprise Ekol Logistics GmbH. The Eco Per...
Toll restructuring to combine vehicle distribution service with JV partner PrixCar Toll Global Logistics, a division of the Australia-based Toll Group, has announced a restructure that will combine its finished vehicle distribution service with automotive storage...
Italy says no more hazmat shipments on the railways Italy's state railway Trenitalia has just announced that, for safety reasons and with immediate effect, it cannot accept any railcars that contain hazardous goods and that have to ...
DB Schenker Logistics erects logistics centre for Kone near Shanghai The German service provider DB Schenker is erecting a 46,000 sqm logistics centre for its customer Kone in Kunshan, west of Shanghai (China). Kone is one of the global leaders in t...
Heavy move by Royal Cargo in the Philippines The projects and heavylift (PHL) team of Royal Cargo Combined Logistics Inc, member of the Worldwide Project Consortium (WWPC) for the Philippines, has once again set a milestone i...
Evergreen Line to launch West Africa Service with Hanjin and UASC Taiwan-based Evergreen Line will team up with Hanjin and UASC to launch the new West Africa service (WAF) at the end of May. From 30 May four ships of 2,800 ' ...
The port of Hamburg remains on growth curve in Q1/2012 The universal port of Hamburg (Germany) reported a total throughput of 32.6 million t (+ 3.8%) in Q1/2012. In the container handling sector, the port's predominant business, 2.2 mi...
USC weighs taking over bankrupt steel mill UNITED Shipbuilding, the government-owned corporation, and state bankers are considering taking over a bankrupt steel mill in the Russian Far East
Maersk to seek rate rise for Latin America MAERSK Line, the box unit of the Danish giant AP Møller-Maersk, told Fairplay today it plans to seek a rise in its Latin American cargo rates of up to 30% this year
MR orders rise tenfold ORDERING of MR product tankers has picked up tenfold in the first four months of 2012 year on year, which will further increase the sector's supply overhang, McQuilling Services has warned
Frangou sees fleets in play SHIPPING banks are now marketing full fleets at "reasonable" prices, according to Navios Holdings boss Angeliki Frangou
BLT garnishments approved A US JUDGE has allowed $55M in attachments targeting assets of Indonesia's Berlian Laju Tanker, Fairplay confirmed today
FESCO offered for sale SERGEI Generalov, controlling shareholder and dominant director of FESCO, has decided to sell the Russian dry-cargo group
Scandlines break-up mulled THE OWNERS of the Danish-German ferry company Scandlines were reported today to be considering breaking up the company
US bankruptcy lawyers rake in fees from shipping SHIPPING's five US Chapter 11 bankruptcy cases have generated more than $70M in professional fees to date, a Fairplay analysis has revealed
Sembcorp wins $103M in repair contracts SINGAPORE'S Sembcorp Marine said its Sembawang Shipyard has secured three contracts worth $103M
Supramax owners biting bullets BROKERS told Fairplay today Supramax owners expect to bite the bullet, as softening Indonesian coal prices are braking Pacific business
Penguin's profits drop 99% SINGAPORE shipbuilder Penguin International said net profits for the first quarter of 2012 fell 99% from that part of 2011, because of lower shipbuilding revenues
Consumer Technology Transforming Trucking Converging consumer and business technologies are changing the way motor carriers connect with truck drivers and customers at an increasingly...
TransCore DAT Spot Market Index Jumps 17 Percent Spot market truckload freight jumped 17 percent year-over-year in April, climbing 3.5 percent from March, according to load matching company...
FAA to Reconsider Cargo Pilot Fatigue Rule The Federal Aviation Administration is reconsidering expanding fatigue rules to air cargo pilots, not just passenger plane pilots, after the...
Russia's Summa Close to $1 Billion Fesco Deal Russia's Summa trading and investment group is reported to be close to agreeing on a $1 billion deal to take...
House Watchdog: FMC 'May Be an Agency in Crisis' The chief House watchdog said the Federal Maritime Commission "may be an agency in crisis," raising concern in a letter...
Asia-Europe Spot Rates Slip Average spot rates in the westbound Asia-Europe trade fell 4 percent on May 17 from the week before, indicating the...
OOCL to Implement Europe-Asia Rate Hike OOCL will implement a further general rate increase on the North Europe to Asia trade on June 15. Applicable...
Maersk's Rates in Latin America Trade to Escalate Maersk Line plans to hike ocean freight rates on South American routes by up to 30 percent this year to...
PNW Ports Building on Reliability John Wolfe's staff at the Port of Tacoma regularly holds stakeholder meetings where it asks terminal operators, longshoremen, carrier representatives...
2012 Trans-Pacific Service Contracts Squeeze NVOs Non-vessel-operating common carriers generally have it good: Non- or light-asset based, agile in responding to customers' needs and often consistently...
Shipper-Carrier Saber Rattling Continues JOC reporters face a delicate balancing act in covering annual contract talks between ocean shippers and carriers. The container industry...
Manta port concession issued Autoridad Portuaria Manta (APM), the state-controlled body which runs the Ecuadorian port of Manta, has officially launched its tender for the future operation ...
Salalah rallies in Q1 12 Oman-based Salalah Port Services Company (SAOG), which owns/operates the port of Salalah, has registered a modest improvement in its container traffic volumes and ...
Pirates to be tried in the Seychelles The European naval counter-piracy task force [EU NAVFOR] has succeeded in persuading the Republic of the Seychelles to accept for prosecution 11 suspected Somali ...
Crowley Logistics enters St Kitts & Nevis Jacksonville-based Crowley Maritime Corp has expanded its range of value-added logistics services in the Caribbean basin to include St. Kitts and Nevis. The company ...
CI Awards 2012: beat the TUESDAY [May 22] cut-off
Russian's frightened by European bear market Although Russia's economy remains strong, recent political events there, combined with fears over Europe's ailing economy, appears to have sent many citizens back ...
Seaspan still sitting pretty The business model of New York-listed container ship owner, Seaspan, continued to protect it from the turbulence in the liner market place in the first quarter ...
Rena silver lining for Braemar and Maersk The balance sheets of a UK shipbroking and shipping services group and a Danish transport and energy conglomerate have been boosted by the misfortunes of an MSC-chartered ...
BLT targets renegade creditor Emotions run high on the heels of Texas tanker seizure as reignited $55m charter battle escalates.
Cheek to cheek with a Greek When stubble gets in the way at the ball, explosive LNG carriers, Greeks bearing gifts and a shipping guru who swapping a desk for a tractor.
Eimskip steps up listing plan Restructured Icelandic container line targets fourth quarter for IPO on Nasdaq OMX.
Essar back to black Diversified Indian owner leaves red ink behind as long-term charters boost shipping revenue.
Kyoei on comeback trail Japanese VLCC owner expects small gain to next March, turning around loss in previous year.
NOCC back for more Oslo-listed owner selling another chunk of shares in follow up placement.
Ferry collapses crane Three port workers injured in Poland as Stena Spirit hits gantry at Gdynia.
What did captain see? Jury to decide whether Gaurav Prem's master knew that plastic pipes were being dumped off Alabama.
Evolving CBP creates opportunities for contractors The agency is inviting technology, equipment, and services vendors to its headquarters next week for a briefing on the changing operational environment and strategy as it moves beyond its traditional mission.
Maersk extends FEW3 to China
Maersk switches Mombasa loop to Dar es Salaam The carrier has switched from calling Mombasa in favor of a new call at Dar es Salaam and slowed down its Mombasa Express service between the Middle East and East Africa, increasing roundtrip voyage time from 28 days to 35 days.
Commentary: McLean, containerization get cartoon
Reports: Vietnamese shipping execs detained
IMO develops rules for armed guards on ships
Gartner: Supply chain software a $7.7 billion market This marks the second year of double-digit growth for the SCM software market and was driven by an increasing number of supply chain investments.
Zim, Grand end Asia-Med slot agreements
NIST's 10 IT supply chain security recommendations
APL drops slots on Maersk's TA4
Maersk raises rates on South America routes
Crowley's LCL service to St. Kitts and Nevis
Source Consulting offers new TMS
WFS increases Scandinavia presence
U.S. to hike tariffs on Chinese solar panel imports The U.S. Commerce Department announced an affirmative preliminary determination in the antidumping duty investigation of solar panel imports from China.
PrestaShop, Shipwire team on inventory management
House misses sugar in Farm Bill hearings
Tompkins: China's e-commerce wrestles with modernization
Bunker prices end week lower Trading was busy on the US Gulf, according to suppliers.
Western Ferries' new vessels offer greater efficiency Will have 20% more capacity, a higher speed and improved environmental and fuel efficiency.
Oil 'unlikely' to go much below $100 per barrel Prices need to stay high to protect 'marginal barrels' and oil producers' state budgets, Total Chief Economist tells conference.
BP: Oil still dominant transport fuel in 2030 Sees increasing use of alternative fuels, oil demand picture to see major changes.
Double-digit falls for Rotterdam bunker prices Very tight avails of LS grade in Rotterdam.
Bunker prices still falling in Fujairah 'Anaemic' demand in Suez.
Study backs 'cold ironing' for cruise ships Shoreside power is the 'most cost effective way' of reducing emissions, according to Canadian case study.
Ferry operator sees 22% jump in bunker bills Irish Continental Group reports $4.3 million increase in bunker costs for the first four months of the year.
Maersk to put up freight rates by as much as 30% Fuel prices have tripled in the last five years while shipping rates have fallen by 10%, says company's chief executive for Latin America.
Q1 was one of shipping company's 'most challenging periods' Bunker costs limited potential for repositioning ships to more profitable markets.
Week ends with more sharp falls in Asian bunker markets Supplies of bunker fuels fine at key Asian ports on Friday, according to traders.
Shipowner orders 'popular' fuel saving OSV Rolls-Royce UT 755 LC design features reduced fuel consumption, low noise and vibration level and good supply capacity.
Genmar 'successfully' completes reorganisation plan Firm has reduced its outstanding debt by approximately $600 million.
Singapore-listed firm plan 'sizeable' bunker tanker fleet Singapore may face a shortage of bunker tankers in the future, says market player.
Chinese shipyard clinches deal for six fuel efficient bulkers Six 39,500 dwt vessels will feature a Deltamarin design to reduce fuel consumption and exhaust emissions.
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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