Iata announces successful trials of electronic consignment security declaration The International Air Transport Association (Iata) announced that trials of electronic consignment security declaration (e-CSD) were conducted in the UK and the Netherlands in O...
Indian Southern Railway operating new freight trains India's Southern Railway has extended its transport services and started to operate freight trains on the Salem-Karur railway line in the state of Tamil Nadu. The track has been ...
Russian Railways orders new freight locomotives JSC Russian Railways (RZD), Sinara Group Ltd. and Siemens AG have signed a new locomotive delivery contract for RZD. Accordng to the pact, RZD has confirmed its intention to purc...
Roads carry 62% of total freight value in USA According to the US Department of Transportation's Bureau of Transportation Statistics (BTS) goods valued at more than USD 1.06 trillion crossed the US border in trade with Canada ...
New director operations for Rail Service in Moscow Fedor Andreev has become the operations director of Moscow-based RailService Management, an affiliate of InterRail. Andreev gained his wealth of container terminal experience while...
Examining speed limit for heavy goods vehicles on single carriageway roads UK's Department for Transport (DFT) is considering raising the speed limits for heavy goods vehicles (HGVs) over 7.5 t from 40mph to 45mph or 50 mph on single carriageways. ...
Agility names new road freight director Europe The global logistics service provider Agility recently appointed Claus Duval as road freight regional director for Europe. Duval will be responsible for leading the developm...
Rhenus opens new logistics centre in Frankfurt The German logistics corporation Rhenus has phased in a newly built logistics centre on a 41,000 sqm plot of land in Kinzig, near Frankfurt am Main (Germany). The multi-user wareho...
DB Schenker opens new facility in Australia DB Schenker recently established a new major logistics warehouse and operations centre in Sydney. The complex, known as the Erskine Park logistics centre, was officially opened in ...
APL Logistics acquires Carmichael International Service APL Logistics, the supply chain management unit of Singapore's NOL Group, has acquired the independent Los Angeles CA (USA)-based customs brokerage and trade compliance firm Carmic...
Tallink Grupp changes routes of "Silja Europa" and "Baltic Princess" AS Tallink Grupp, an Estonian/Finnish ship operator, has announced that the ferry ship "Baltic Princesss" will be deployed on the Turku-Stockholm route from 1 February ...
Asia-Pacific airports cargo rebound in September The September 2012 traffic data published by the regional section of the Airports Council International showed a continuous and steady growth in the Asia-Pacific region, recordin...
NYK shifts focus towards transport of oil and gas Japanese owner tells Lloyd's List where its priorities and opportunities lie
Kansai Electric and BP sign ground-breaking agreement First long-term deal not linked to oil price
The hand that guides China's yards As downturn hits state-owned giants, the government keeps them afloat
Why LNG shipping is in a tight spot Trade patterns and vessel demand have changed but operating patterns stay the same
Callimanopulos snaps up two bulkers New York-based owner returns to the dry bulk sector, buying Norden kamsarmaxes
Mediterranean box ports claim lower CO2 emissions for Asia-Europe trade Northern range ports' continued domination 'will increase emissions 199% in a decade'
Research flags sharp decline in reefership numbers by decade's end Competition from box majors sees dedicated tonnage scrapped and not replaced
P+S group yard seeks to complete two ferries for DFDS Construction is advanced, but guarantees need to be amended
Gods of carnage Where private equity funds swoop, blood will be spilled
Naptha product tankers scoop record earnings Charterers pay more than $25,000 per day to secure vessels in tight market
LNG shippers fear too-high Panama Canal tolls High tariffs could diminish returns from new US gas exports
More than 300 boxships are laid idle Lay-ups will gather pace as carriers adjust to lower demand
Roadways makes tracks for London Gateway Multimodal firm hails 'the future of logistics and shipping in the UK'
Irish maritime outlook remains challenging Stable third quarter leads to slight improvement but threats remain
UKMPG urges Brussels to rethink subsidies to continental ports Hammond says commission is wrong to revisit UK port services law
Private equity set for shipping investment But timing is everything after four years of poor shipping markets bring scant payback
Red tape, 'inappropriate' regulations and taxes penalise UK ports UK Major Ports urges government to speed up sale of Port of Dover
U-Ming orders two post-panamax bulkers from Japan Taiwan firm continues counter-cyclical expansion with booking at Oshima
Japan's shipowners face squeeze on home-grown funding Tokyo's risk-averse banks favour credit-worthy westerners
Prestige decision defended MADRID'S former shipping chief told a court today he would have been imprisoned with Prestige's captain if he had sent the tanker to a coastal shelter rather than back to sea
Japan vehicle cargoes to China fall 82% JAPAN'S vehicle exports to China fell by 82% year on year in October, IHS Automotive reported today
Russia grain export estimate grows by 55% RUSSIA'S agricultural ministry has raised its prediction on grain export totals for this year by 55%
HMM greatly widens its losses HYUNDAI Merchant Marine told Fairplay today 3Q losses were more than nine times greater than those of a year ago, mostly because of higher operating costs
Knightsbridge sells VLCC KNIGHTSBRIDGE Tankers has sold its third VLCC in two months
China class society also shuns Iran CHINA'S classification society was reported today to have joined the other dozen top international class groups in halting verification of Iranian ships
GO reports 3Q12 losses GOLDEN Ocean, the listed drybulk group in John Fredriksen's shipping empire, has reported 3Q12 losses on the back of an impairment charge against the value of its vessels
Bumi Armada's 3Q disappoints analysts MALAYSIAN offshore vessel specialist Bumi Armada said it might fare better with OSVs this year, but it has not won any FPSO contracts in 2012
COSCON seeks rate rise COSCON will seek a rate rise on routes from the Far East to the Gulf, Red Sea and the Indian subcontinent
Odfjell bonds raise $121M ODFJELL, Norway's listed chemical carrier and tank terminals group, said today it has raised 700M kroner ($121M) with two bond issues
Net bulker deliveries touch two-year low STEADY demolitions have caused a two-year low of 22 ships in the net drybulk fleet
Sanko's woes hit Pareto SANKO Steamship's financial woes have affected a bareboat charter arrangement of 10 anchor-handling tug supply vessels with Norwegian finance house Pareto
Keppel keeps 'outperform' rating from CIMB KEPPEL has retained its 'outperform' rating from CIMB Securities, as it stands to win S$4Bn ($3.3Bn) non-PETROBRAS orders
Coal, grain fuel Panamaxes PANAMAX rates have surged in recent days as more ships are fixed to haul coal and grain cargoes to the Far East
Yusen Logistics Drops Antitrust Appeal TOKYO - Yusen Logistics will not appeal an antitrust ruling by the Tokyo High Court to the Supreme Court, the Japanese freight forwarder said Thursday. The announcement came two weeks after the Tokyo High Court upheld an antitrust decision by the Japan Fair Trade Commission against the company. "After close examination and...
Gefco Breaks Into Asian Wine Market Automotive logistics specialist Gefco is targeting the lucrative and fast-growing Asian wine logistics market. Asian demand for imported wine surged 122 percent between 2006 and 2011 and by 1,040 percent to China, according to International Wine and Spirit Research. Gefco, which recently participated for the first time in the 2012 Hong Kong...
Freightliner runs first Shortliner UK intermodal rail freight operator Freightliner has taken delivery of new wagons to launch its Shortliner services. The fleet of twin platform 'Shortliner' ...
Idled box tonnage exceeds 300 According to the weekly report from Lloyd's List Intelligence [LLI] the number of inactive container ships current stands at 308 vessels for 546,780 TEU, but that ...
Roadways makes tracks for London Gateway Roadways Container Logistics has signed on to run services to London Gateway that will reduce road miles for thousands of shippers when the new UK port opens in ...
Chinese exports to soar to emerging markets That is the prediction of analysts at HSBC, but its export market focus is changing from the downturn-plagued European Union and the sluggish US, to intra-Asia, ...
Japan's exports fall again Exports from the world's third-largest economy declined for the fifth consecutive month in October dented by a year-on-year 20% fall in shipments to the EU and ...
CMA CGM close to final agreement with bank creditors CMA CGM is close to reaching a restructuring plan with its creditors that will finally end years of negotiations between the French line and its bankers over some ...
New Filipino yard The Philippines has approved plans for a new shiprepair yard in Navotas City.
Deilmann plots bond sale German shipowner Peter Deilmann Reederei is eyeing a new debt sale to bolster its finances.
CCS drops Iran China Classification Society (CCS) has become the last of the 13 major ship certifiers to stop working with Iran.
Did GOGL cull correctly? Golden Ocean has placed the wrong newbuilding contracts into the shredder, Danske Bank says.
Icon eyes IPO Newly merged Malaysian offshore vessel owner Icon Offshore is aiming for a listing in Kuala Lumpur by 2014 at the latest.
Sisa launches Israel run Turkey's Sisa Shipping Lines has started a new ro-ro link to Haifa in Israel.
Crew in auction threat A group of 12 Georgian seafarers say they will sell their abandoned tanker in Panama if they are not paid.
Maersk to delay giants? Maersk Line could set back the arrival of some of its giant 18,000-teu newbuildings, a leading analyst says.
Knightsbridge sells VL John Fredriksen's Knightsbridge Tankers has edged towards the VLCC market exit door after confirming the sale of one of its tankers.
Damen bags crew trio Damen has received an order for three crew transfer vessels.
GasLog eyes bond plot Peter Livanos' GasLog has been scoping out the Norwegian and US bond markets as a potential source for cash.
Divi lights GasLog fire GasLog shares shot up yesterday amid the promise of hefty future dividend payments.
No need to panic Investors in Neptune Orient Lines (NOL) should not be scared off by AP Moller Maersk's decision to focus more on businesses other than shipping, an analyst has said.
Sleepy master in mix-up A sleepy master has been blamed for a ferry delay in the US after kipping on the wrong Washington State Ferries (WSF) ship.
Sasebo in retrofit first Sasebo Heavy Industries says it has become the first shipyard to retrofit a ballast water treatment system (BWTS) on a capesize bulker.
Values hurt GOGL profit Impairments on vessel values pushed Golden Ocean into the red in the third quarter.
Two out of three ain't bad John Fredriksen's Golden Ocean has canned two out of the three newbuildings it secured a lower price for this summer.
Vietnam calls in cabotage Vietnam will temporarily ban overseas boxships from 2013 in a bid to boost domestic operators.
Subsea 7 makes order splash Oslo-listed Subsea 7 is heading to Hyundai Heavy Industries (HHI) for a new dive support vessel (DSV).
Odfjell sells out Tanker owner's bond issue raises $123m to boost finances following nine-month loss.
U-Ming orders bulker duo U-Ming of Taiwan has joined the eco revolution with a deal for two new kamsarmaxes in Japan.
Japan LNG imports up Japan's liquefied natural gas (LNG) imports rose by 8.3% last month to 6.7mt, Ministry of Finance (MOF) data has shown.
BIMCO picks Singapore BIMCO has added Singapore as an arbitration venue for dispute resolution alongside London and New York.
Maersk drop John jack-up Maersk has said it won't extend its charter of a jack-up drilling rig owned by John Fredriksen-controlled Northern Offshore.
Hanjin boxship refloated A Hanjin Shipping containership has been refloated off British Colombia in Canada after running aground.
China steel output up 6% China was one of the few nations in Asia to report a year-on-year growth in crude steel production last month.
Bunker prices steady in Fujairah While suppliers report tight avails.
No clear direction for Rotterdam prices Mixed price picture seen across European hubs.
'Fuel-efficient' tanker delivered to Greek owner Ship has an electronic main engine and larger diameter propeller.
Different lube types required post-2015, says engine maker High BN best when using scrubbers but lower number better suited to 0.10% sulphur material.
Eight fuel oil brokers hired for Singapore venture Starfuels to open Singapore brokering desk next month.
Castrol's slow steaming solution finds favour in industry MAN Diesel & Turbo supportive of company's views on single solution mid-range lubes.
Fuel oil stocks at highest level since July Strong arbitrage and weak demand bring supply glut.
IFO prices stable to soft Demand mostly weak across key Asian ports on Thursday.
Pakistani bunker supplier announces staff movement Experienced bunker trader rejoins the company.
Emission regulations 'badly required' in Hong Kong Policy think tank welcomes recommendations for HKSAR government to step up efforts to cut emissions.
TEN narrows losses as bunker costs fall by a third 'We think the worst is behind us , says CFO.
Brightoil confirms bunker CEO departure Announces a 'strategic reform' of its international fuel oil trading and bunkering business.
'Very limited' expertise available for LNG bunkering Particularly in the eastern part of the world, says managing director of Singapore-based bunker firm.
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