Gulf Air resumes flights to Iran and Iraq Bahrain's national carrier, Gulf Air, will resume its services to Iran and Iraq from today (20 September), following approval from the Bahrain government. Flights to Baghdad, Erbil...
Reshuffle at Lufthansa Cargo in Austria The German air transport provider Lufthansa took over Austrian Airlines' cargo division in July and installed new managers in August. Arnulf Schoeberl was selected as country manag...
Indian Railways carry 4.23% more freight Indian Railways carried 405.54 million t of revenue earning freight between April and August this year. This is an increase of 4.23%, or 16.45 million t more, compared to the 389.0...
ETCS signalling systems for new railway line in southern Algeria Estel RA, a joint venture of the Algerian national railway Société Nationale des Transports Ferroviaires (SNTF) and Siemens, has been awarded a contract to deliver signalling and t...
Port of Hamburg handles first gigaliner The HHLA container terminal Tollerort at the port of Hamburg (Germany) recently carried out a handling test on its first long and heavy vehicle (LHV). The gigaliner was operated by...
Karl Gross adds own former trainees to sales team Karl Gross Internationale Spedition GmbH has reinforced its sales team at its headquarters in Bremen (Germany) by recruiting two of its former trainees Stefan Kapitola and Henning ...
VIM upgrades connections to Adler/Sochi The Russian carrier VIM Airlines is launching weekly scheduled services between Adler/Sochi and the Tajik capital Dushanbe today (20 September). In addition the existing Moscow Dom...
Aden Port Authority to end DP World contract Aden Port Authority has begun talks with terminal operator DP World with a view to cancelling the latter's port management contract. This transaction is to be carried out in an ami...
Logwin opens own office in Rijeka The Grevenmacher (Luxembourg)-based service provider Logwin opened its own premises in the port city Rijeka (Croatia) on 1 August. Logwin mainly provides warehousing and customs cl...
DAF wins Irish Truck of the Year Award 2012 The DAF XF105 won the Irish Fleet Truck Award 2012 at the annual Export & Freight Transport and Logistics Awards in Belfast (Ireland). The jury praised DAF's top-of-the-range m...
Hunt & Palmer launch air cargo business The British air charter company Hunt & Palmer PLC has launched a new venture called Hunt & Palmer Cargo Charters Ltd. Operating from the group's head off...
Hoyer buys Turkish forwarder Aktifsped The Hamburg (Germany)-based logistics service provider Hoyer has acquired a majority shareholding in the Turkish forwarder Aktifsped. Aktifsped, a national and international road h...
Emons Spedition GmbH expanding Emons Spedition GmbH, a global forwarding company based in Cologne (Germany), is expanding. In order to better participate in the growing volume of international goods flows and tr...
Australian LNG lifted by Browse sale Completed sale comes amid concerns for Australian exports
China's oil demand will rebound in 2013, says expert Positive news for VLCCs as country widens its supply base
Middle-aged drillships spark Arctic safety concerns Vessels built in 1950s and 1960s are still in service
Red tape strangles east Africa's energy potential at birth Tanzania and Mozambique face major LNG export hurdles
Piracy threat also poses problems for East African energy Offshore vessels operating in region's gas boom could make tempting targets
Mozambique liquefaction plant awaits final decision next year Country's LNG to come to market in 2018
Iraq ramps up its crude exports New VLCC capacity at Khor al-Amaya brings timely boost as sanctions hit Iran
Scorpio Tankers adds tonnage Half a dozen charter-ins boost fleet to 26
Profits are possible in hull Lloyd's Joint Hull Committee chairman offers a more sanguine view of market prospects
Insurers risk irrelevance if they cannot deliver capital providers Zurich's Sean Dalton and Lee Meyrick talk exclusively to Lloyd's List about the key messages that have arisen from IUMI 2012
European port bosses hope to gauge Brussels' policy intentions Concession agreements will be top of conference agenda for Espo
Scorpio Tankers boosts its earnings through time charter deal MR tanker deal fixed for almost double the spot market rate
Chinese owners, yards and lenders must work together to survive Shipping needs 'new market order', Wei tells summit
Shell fixture highlights VLCC time charter demand Latest time charter fixture brings total to 24 this year
New York bankruptcy judge clears Wilbur Ross investment in Navigator Private equity mogul to buy stake from trustees of bankrupt Lehman brokerage
Tsantanis to succeed Ploughman at Seanergy Chief executive steps down as write-downs hit second-quarter results
Bibby targets distressed assets for shipmanagement arm Liverpool group sees business opportunities in the downturn
Huge crowd expected for Jade-Weser-Port opening About 1,000 guests to witness unloading of the first containers
DP World pulls out of Aden Yemen accused Dubai ports giant of failing to meet the terms of its contract
IUMI 2012: Insurers serious about offshore markets must cover FPSOs Offshore risks are complex but interesting, says IUMI energy chairman
Valemax detente High-level talks between China and Brazil over the big-ship ban are welcome
Vietnam halts Vinalines transhipment port project Ministry of Transport seeks additional domestic and international investors
Comment: Entente cordiale? Brazil has sought to rebuild relations with China since Agnelli left Vale last year
Consolidating German owners is not easy, says Blue Star Challenges include vessel quality and clashing corporate cultures, says Klein
UK oilspill plan opens for consultation MCA invites interested parties to put forward their views
Increase financial liability for Arctic shipping, says UK Maximum of $20m compensation to those affected by spills from ships is not enough, says parliamentary report
NYK takes stake in Russia's Rolf Group Two global players ink deals to enter market after Moscow joined WTO last month
Ross takes Navigator control A New York bankruptcy judge has approved the Lehman Brothers estate's sale of its shares in LPG operator Navigator Holdings to Wilbur Ross, giving the famed vulture investor majority control
German shipping restructuring soars A SURVEY today has warned that the financial straits of German shipowners and KG one-ship companies are continuing to worsen
DNB: US shale surge to slash oil prices OIL PRICES will plunge in the coming years because shale gas development in the US will change tanker shipping dynamics, DNB Bank has warned
'K' Line lifts China travel caution JAPAN'S 'K' Line told Fairplay today it will lift its warnings to its officials bound for China, as territorial disputes are beginning to ease
Seanergy appoints restructuring advisers VICTOR Restis-controlled Seanergy today said it has replaced its CEO, hired restructuring advisers and revealed significant quarterly losses
PEMEX throws Spain a $380M yard lifeline PEMEX of Mexico has handed northwestern Spain's order-starved shipbuilding sector a $380M lifeline with two offshore orders
DPW sells non-container holdings in Antwerp DUBAI Ports World said today it has agreed to sell its 60% holdings in Antwerp's general cargo terminal operator DP World Breakbulk and the logistics company AProjects
Philippines training academy to appeal closure A TRAINING academy in central Philippines plans to appeal an order to close, Fairplay was told today
VLGC rate pressure warned VLGC RATES are likely to remain under downward pressure next month, the Oslo shipbroker Fearnley has warned
GCB sells tanker at $6M loss MALAYSIAN tanker operator Global Carriers Bhd said it has sold a 12,000dwt tanker at an expected extraordinary loss of 18.32M ringgit ($6M)
Cruising scores sulphur emissions victory ROYAL Caribbean has received approval for a sulphur averaging plan that could serve as a cost-effective template for industry compliance within the North American Emission Control Area
North American Intermodal Volume Rises U.S. intermodal shipments on major railroads in the week ending Sept. 15 rose 3.9 percent year-over-year and 14.8 percent from...
Ports Want Army Corps, HMT Reform in WRDA Port proponents on Thursday urged Congress to streamline the federal maritime project review process and boost spending by reforming the...
Retailers Welcome ILA Extension Retailers say they welcome the agreement by the International Longshormen's Associaiton and United States Maritime Alliance to extend negotiations for...
ILA, USMX Agree to 90-Day Extension The International Longshoremen's Association and United States Maritime Alliance agreed to a 90-day contract extension, averting a threatened Maine-to-Texas dock...
FMC Issues Guidance on Congestion Surcharges The Federal Maritime Commission has reminded the shipping industry that carriers must file notice of port congestion surcharges at least...
Truckload Slowdown Spreads Amid 'Soft' Demand The freight economy in the U.S. is slowing, and softer truckload shipment volumes and rising fuel costs are squeezing earnings...
Virginia Port Launches Labor Web Site The Virginia Port Authority and Virginia International Terminals have created a Web page providing operational information related to the possibility...
DP World Sells Stake in Troubled Yemen Container Terminal DP World has sold its 50 percent stake in the container terminal in Yemen's port of Aden just four years...
Peugeot Selling 75 Percent Stake in Gefco Logistics French auto maker PSA Peugeot-Citroen is selling a 75 percent stake in its Gefco logistics unit to Russian Railways for...
Japanese Exports to US Surge 10.3 Percent Japan's exports to the U.S. rose for the 10th consecutive month in August on a year-over-year basis, soaring 10.3 percent...
Massport Director Mike Leone to Retire Mike Leone, director of the Massachusetts Port Authority, plans to retire at the end of September after 14 years on...
Charleston Adopts Load Center Strategy Planning to build the load center port of the future requires a strategic vision that emphasizes construction of large marine...
Maersk to Launch India-Mediterranean Service Maersk Line plans to launch a container service, called the ME4, linking India, the Middle East and the Mediterranean, effective...
'K' Line to Lift China Travel Warning 'K' Line will end its recommendation to employees that they forgo travel to China during the current Chinese protests over...
Trans-Pacific Spot Rates Jump Before Possible ILA Strike Trans-Pacific spot rates jumped 8.6 percent this week from last week as U.S. importers scrambled to find space on vessels...
ILA, USMX Return to the Table Negotiators for the International Longshoremen's Association and United States Maritime Alliance met Wednesday in Newark, N.J., and planned to return Thursday for...
Ngqura sets new records South Africa's newest container port is continuing to set records with Ngqura Container Terminal (NCT) in the eastern Cape province having had its best month yet ...
DP World divests of its Yemen interests After months of speculation, DP World has announced that it has withdrawn from the Yemeni port of Aden and divested of all of its interests in Dubai and Aden Ports ...
MSC and Maersk get together between Med and ECSA Maersk Line's weekly Rumba service and MSC's Spain schedule between the Mediterranean and East Coast of South America are to be merged into one common service. ...
US cargo costs to jump unless port investment gap filled Unless an investment gap of nearly USD16 billion for the update of the US' ports and inland waterways is filled, the prices for transporting goods will rise and ...
Japanese trade down again in August With the bilateral USD300 billion per annum trade with China at risk over the islands spat with its neighbour, the news from Japan just gets worse: its ...
Drewry launches new equity research service
MSC Flaminia: fire investigation continues Recently described as a 'chemical' container ship in some elements of the mainstream press the partly burnt-out MSC Flaminia remains alongside at its Jade-Weser-Port, ...
Purfresh appoints additional Latin American agents US-based Purfresh, which uses ozone to control atmospheric conditions inside containers, thus allowing perishable products to be shipped effectively, has appointed ...
Halifax port strikes MoU with Panama Canal Authority The Port of Halifax is preparing for the widening of the Panama Canal by striking a memorandum of understanding with the Panama Canal Authority (ACP) - and claims ...
Postmortem Recent fixtures tied to Transocean and other US-quoted offshore contractors suggest that day rates for ultra-deepwater drilling units may have plateaued, according to analysts at Dahlman Rose.
US ports strike averted, for now Employers and longshoremen unions on the US East Coast and Gulf Coast have come to a temporary agreement that averts a strike for at least the next three months.
Phoenix duo exits AI Phoenix Energy Navigation of Greece has added a pair of coated carriers to Heidmar's aframax and long-range-two (LR2) pool, Sigma Tankers.
Scorpio's growth spurt Scorpio Tankers' fleet expansion campaign continued this week as it firmed up deals to charter-in five products carriers.
SHIP calls in hired guns Dale Ploughman is stepping down as the chief executive of Seanergy Maritime Holdings after hiring a pair of financial advisors to aid in a restructuring.
PB boosts buying power Pacific Basin Shipping has turned to the bond market to swell its already impressive war chest.
Rich owners in short supply New York may be a popular hangout for shipping money men but very few with links to the maritime industry can be found among America's richest people, according to the latest list from Forbes.
Rem ponders bond bid Rem Offshore is the latest Norwegian shipowner to ponder a trip to the bond market.
Sick in Sydney About 21 passengers and crew have developed a gastrointestinal illness on a Holland America cruiseship off Canada.
Bibby wants more Bibby Line Group is pushing to become a major force in the third-party shipmanagememnt sector as the downturn creates fresh opportunities with both owners and banks.
"I'm Jack Sparrow!" A drunk and hallucinating UK woman has ended up in jail after stealing a ferry and yelling at police: "I'm Jack Sparrow!"
Kemal Kuru refloated A Turkish cargoship has been freed by tugs after running aground in the Dardenelles strait.
Dosco order still an idea A giant VLCC newbuilding order from Dalian Ocean Shipping Co (Dosco) appears to be some way off.
DP World sells again Dubai ports group DP World has offloaded $61m of non-core operations in Belgium.
Blue Star eyes newbuilds Germany's Blue Star Holding is drawing up plans to order new containerships.
Lauritzen returns favour Three months after losing its dry-cargo president to Norden, J Lauritzen has raided the Danish owner to fill the vacancy.
Bidders eye Rocha Up to 40 companies have expressed interest in building Uruguay's new deepwater container port.
Vinalines work halted The Vietnamese government has lost patience with Vinalines' delayed project to build a new container terminal in Van Phong.
Malaysia thwarts pirates Malaysian authorities have foiled a group of pirates as they tried to sell bunker fuel from a hijacked Singaporean tanker.
Crew saved as ship burns The Japanese coast guard has evacuated 12 crew from a burning Chinese cargoship off Sasebo.
Pemex inks double Mexican state oil company Pemex has ordered two flotels in Spain.
RIG ties up newbuild Transocean has secured a three-year charter for an ultra-deepwater (UDW) drillship newbuilding under construction in South Korea.
FreeSeas gets more time FreeSeas has restructured two ship finance loans with Deutsche Bank which will see repayments made substantially easier for the shipowner.
Eurasia wins extension Eurasia Drilling Co (EDC) has secured three years more work in the Caspian Sea for one of its jack-up drilling rigs.
NY/NJ port authority getting 'on the right track' The Port Authority of New York and New Jersey is implementing changes to "rid itself of years of inefficiency," and faces "enormous" challenges and opportunities over the next decade, according to a report by Navigant Consulting.
Back to the drawing board at Nhava Sheva Earlier this week, officials at the Jawaharlal Nehru Port Authority officially threw out a winning bid from PSA International and domestic partner ABG Ports for a 30-year concession to build and operate the terminal.
OCZ beset by supply chain problems
NY/NJ port authority resists handing over report
'K' Line to resume China travel soon The Japanese line confirmed to American Shipper that it recommended staff "forgo business trips for the time being," but said "there is an option for staff to take a business trip to China depending on the need."
NYK acquires majority of Russian logistics firm NYK said ROLF's current managers will lead the new joint venture divisions and work in cooperation with NYK representatives. Alexander Larin, who is now chief executive officer of ROLF's logistics business, will remain CEO of the joint company.
Newsflash: ILA, USMX agree to 90-day contract extension The International Longshoremen's Association and U.S. Maritime Alliance have agreed to extend their collective bargaining agreement, which was due to expire at the end of this month by 90 days, until Dec. 29.
Wicresoft, SPS Commerce target North Asia
Stifel European forwarder index sags for 5th month
NS, FedEx signal slowing economy
Maersk to split Middle East/Med/ECSA loop
Shipco starts 2 new China-U.S. LCL services
Virginia port to provide ILA news
Barloworld expands in Persian Gulf, Africa
Virtualized Logistics' workshops to manage suppliers
Key bunker grade sees fall of $25.50 in Fujairah Falling market sees Fujairah suppliers 'holding back product'.
Markets fall sharply across Europe Lower prices trigger 'very, very strong demand' in Gibraltar.
Dispute escalates to attack on Gibraltar's key industries Bunker sector embroiled in row over fishing rights.
Pirate attack close to Singapore waters Malaysian Maritime Enforcement Agency says pirates were 'selling fuel below market price.'
Fuel arbitrage volumes remain high Stocks in Singapore at six-week high.
Dredging will open the way for 'fuel efficient' ships New Zealand's high court says project to clear channel for larger ships can go ahead.
Prices plunge in Asian bunker hubs Supplies of bunker fuels were fine at key Asian ports on Thursday.
Brightoil charters out second newbuild VLCC Brightoil Gravity time chartered to US Energy firm at $20,000 per day.
Hong Kong study supports regional ECA 'Excess deaths' would be cut by 91% if emissions regulations were in place.
ABB introduces vertically integrated fuel saving system Marine advisory and automation system able to 'dramatically reduce' fuel consumption of vessels, it says.
Titan's wind-up petition hearing adjourned, again Hearing of Saturn Petrochemical Holdings Limited adjourned to November 16.
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