Construction of 1,000 km express highways in India The Indian government has approved the construction of 1,000 km of express highways under phase VI of the country's national highways development project. The main criterion for th...
Kazakh Railways and InterRail start joint project The international rail forwarding group InterRail, headquartered in Switzerland, and Kazakh Railways have presented a concept for a more effective handling of the east-west and wes...
Sievert Handel Transporte investing in fleet rejuvenation Sievert Handel Transporte, based in Lengerich (Germany), is stepping up investment in its vehicle fleet. During the current year the company is adding more than 100 new tractors, s...
Cargo alliance Elvis concentrating on sales It has just come to our attention that logistics manager Rolf-Dieter Köster began to strengthen the team of employees at the Elvis headquarters in Alzenau (Germany) on 1 April 2012...
Volga-Dnepr Airlines and Chapman Freeborn deliver a boost to Congo's mining power generation A Volga-Dnepr Airlines' AN-124-100 freighter chartered by Chapman Freeborn has carried a 22 t multi-stage press coil to the Congo to help step up the modernisation of the country's...
First transit of unaccompanied trailers through the Channel Tunnel Europorte Channel, the cross-Channel railfreight operator, has launched a new unaccompanied trailer transport service between Antwerp (Belgium) and London. The new service which en...
Chairman of Eiffa board of directors elected The Egyptian International Freight Forwarders Association (Eiffa) has elected a new board of directors. Medhat El Kady became the new chairman of the board, succeeding General Maze...
Cuvillier to be junior transport minister in the French cabinet Frédéric Cuvillier has become the junior minister for transports and maritime economy in Prime Minister Ayrault's cabinet. He reports to the minister of ecology, sustainable develo...
Leimgruber delivers lifts for new trade fair centre The Swiss transport and logistics company Paul Leimgruber has landed a major contract from lift manufacturer Schindler Aufzüge. Under the terms of the deal Leimgruber will be respo...
Logisticor becomes Ziegler South Africa The Ziegler Group, headquartered in Brussels (Belgium), has announced a further development on the South African logistics landscape with the launch of Ziegler South Africa on 1 Ma...
Geodis Wilson expands cross border trucking operations to China Geodis Wilson, a leading freight management company, is expanding its trucking operations to include China by extending its existing routes through Singapore, Malaysia, Thailand, a...
Gateway Partners gives Virgin Atlantic Cargo a dedicated sales focus in Japan Western Associates Group, one of Japan's leading air cargo general sales agents, has established a new company, Gateway Partners Inc (GPI), to provide dedicated representation for ...
APL receives highest honour for marine environmental protection in the USA The global container carrier APL received the USA Coast Guard's highest award for excellence in marine environmental protection on 21 May. The world's seventh largest container car...
Safmarine welcomes new Wafmax vessel The "Safmarine Chachai", a new 4,500 teu, Safmarine-branded Wafmax containership, was delivered to the shipping company Safmarine on 21 May 2012. The environment-friendl...
TSA sets cargo screening deadline for international inbound passenger aircraft The USA's Transportation Security Administration (TSA) has set a deadline for passenger air carriers to conduct 100% cargo screening on international flights bou...
Short-notice toll hike blasted CUSTOMERS sharply criticised the Panama Canal Authority (ACP) during today's public hearing on proposed toll increases to ensue in July
Tankers nipped in the bud THE AVERAGE age for demolishing crude tankers has dropped to 21 years from 26, a level not seen since 1995, BIMCO said today
Interest expenses knock Golar LNG Partners A JUMP in interest expenses has dragged lower the 1Q12 net profits of Golar LNG Partners, despite a rise in operating results
Spanish builders pitch EC once again MADRID has submitted a new tax-lease scheme to the EC in hope of ending the export order dearth that is threatening to put many private shipbuilders out of business
VINALINES legal saga gets even stickier POLICE in Vietnam have issued an arrest warrant for Duong Chi Dung, former chairman of government-owned carrier VINALINES
STX France workers want new government's help A CROWD of STX France workers and sympathisers demonstrated in Saint Nazaire today to urge Paris to push for new orders desperately needed at the yard
Grain bulkers lose Atlantic 'escape route' BULKER owners are losing the option of ballasting to the Atlantic in hope of collecting South American grains, brokers said today
Hsu trashes yard investments COURAGE Marine's president had further bad news today for already-struggling Chinese shipbuilders: "Yards are not a profitable investment
Youngest box ship scrapped WEAKNESS in the charter market for sub-Panamax box ships has claimed its youngest victim
Athens-Seoul dual listings target shipping THE ATHENS Exchange and its South Korean counterpart have agreed to facilitate dual listings, with an eye on shipping and energy companies
Tug sinking report finds errors A SERIES of errors led to the death of a tug crewman in the River Thames, the UK's Maritime Accident Investigation Branch has determined
Awilco LNG's strong 1Q12 sparks full-year optimism AWILCO LNG of Norway said today strong demand is keeping the sector's outlook bright on strong demand
Sasebo profits plunge 84% JAPAN'S shipbuilder Sasebo HI said profits for the fiscal year that ended 31 March 2012 plunged 83.6% year on year to ¥734M ($9.2M)
Tankers seen hobbled by China SLOWING Chinese growth and recessionary pressures in Europe are likely to prevent a surge in crude tanker rates, a report from Poten & Partners has warned
APM Terminals Bids to Take Over Virginia Terminals APM Terminals made an unsolicited bid it estimated at between $3 billion and $4 billion to take over the operations...
China to Lift Ban on Virginia Logs China will begin to lift its ban on imports of Virginia's hardwood and softwood logs under a six-month pilot project,...
ATA Asks Congress to Mandate CSA Changes The American Trucking Associations is stepping up its campaign to force changes in the Compliance, Safety, Accountability or CSA program,...
Maersk Line Ltd. Ship Repels Pirates The crew of a small U.S.-flag Maersk container ship repelled a pirate attack in the Gulf of Oman on Wednesday,...
Class 8 Truck Orders, Backlog Decline Net orders for new heavy-duty truck orders hit their lowest level since 2010 in April, continuing a decline that began...
Congress Assures Jones Act Carriers on Oil Reserve Transport Congress gave Jones Act carriers further assurance that they will ship oil from the U.S. oil reserves if needed, not...
Virginia Weighs APM Bid for VPA Terminals The state of Virginia is considering a proposal from APM Terminals to take over the operating rights of the Port...
Canada Ready to End CP Strike 'If Necessary' The Canadian government is ready to legislate the end of the Canadian Pacific Railway strike that began earlier today "if...
Trans-Pacific Spot Rates Hold Firm Eastbound trans-Pacific spot rates held steady this week for the fourth week in a row, indicating that carriers are maintaining...
YRC Names Ware President of LTL Carrier Holland Trucking giant YRC Worldwide chose a Scott D. Ware, a 27-year trucking veteran, to serve as president of its regional...
Automation Key to West Coast Ports' Long-Term Strategy, PMA Says Automation will provide the critical, long-term strategy for creating capacity and improving efficiency in cargo-handling at West Coast ports, according...
RailAmerica Says Company in Preliminary Sales Talks RailAmerica said it is in preliminary discussions with third parties regarding the potential sale of the short-line and regional railroad...
China Airlines Launches Freight Service to Luxemburg China Airlines has launched a new freighter service linking Asia and Europe via India and Southeast Asia. The twice-weekly...
Canadian Pacific Suspends Canadian Service After Strike Canadian Pacific Railway suspended Canadian service on Wednesday after union workers began a strike early in the day. CP...
Indonesia to Build Transshipment Terminal Near Batam Indonesia plans to build a major new container transshipment terminal designed to offer lines an alternative to Singapore and Tanjung...
Analyst: Weak European Demand Could Force Lines to Idle Ships Divergent demand growth rates between the trans-Pacific and Asia-Europe container shipping trades will emerge as the year progresses forcing carriers...
Cargolux Airlines Adds Manaus to Europe-Latin America Service Cargolux Airlines International has added an additional stop on its freighter service between Europe and Latin America. The Luxembourg-based,...
Green Reefers Calls It Quits Norway's Green Reefers, one of the largest operators of refrigerated cargo ships, is winding up its operations and selling its...
Japanese Exports to US Surge 42.9 Percent Japan's exports to the United States rose for the sixth consecutive month in April on a year-on-year basis, jumping 42.9...
APL and PIL to Launch New Far East-Red Sea Service APL and Pacific International Lines will launch a new a new joint service linking the Far East and Red Sea...
What shall we do with the drunken sailor? From time to time there are newspaper reports of an airline pilot being prevented by the authorities from boarding a plane on suspicion of being drunk: clearly ...
OOCL warns of CP rail box disruption OOCL is one of many carriers to flag-up to shippers the possibility that the Canadian Pacific Railway [CPR] will prohibit the acceptance of all container traffic ...
NYK clubs together with RCL for new China-ASEAN service NYK has joined forces with Regional Container Lines (RCL) to launch a joint service, the Thailand-Vietnam-Canton (TVC) sling that will replace its TVS sling with ...
Rail relief for Chennai At least that is the hope of shippers and liners utilising the heavily-congested Indian city port of Chennai as they await formal government approval for the addition ...
MSC in trouble with New Zealand shippers The New Zealand Shippers Council (NZSC) is unhappy over the way that MSC's schedules are being changed at short notice. It claims this is adversely affecting the ...
ATA predicts slower growth in Q2 The American Trucking Association's [ATA] 'barometer' for-hire truck tonnage index declined by a month-on-month 1.1% in April, suggesting that the US economy is ...
World Bank: East Asian markets at risk In its latest report the World Bank has warned that the economies of East Asia are increasingly 'vulnerable' to the eurozone crisis and that export markets could ...
Maersk adds ports to ME2 service Maersk Line has added extra ports to its Mediterranean-Middle East (ME2) service as it seeks to extend the link's coverage into the faster-growing eastern Mediterranean ...
ICTSI to invest more in Rijeka International Container Terminal Services (ICTSI) has outlined plans to spend another HRK133 (USD22.5) million this year on Adriatic Gate Container Terminal (AGCT) ...
World City refuses to fold Cruise industry's 'white elephant' says billion-dollar project is still alive despite decades of setbacks and Title XI rejection.
Pool pledge drive bears fruit Heidmar says new participants prove pools offer an attractive destination for owners seeking relief from tanker market turmoil.
Peter G in the driver's seat Incumbent chairman, CEO and CFO of General Maritime Corp avoid the axe as backer Oaktree Capital installs 'new' regime.
ULTR loses Wall Street ally Felipe Menendez-led owner dealt another blow as FBR Capital cuts research coverage despite encouraging endorsement.
False alarm for Maersk vessel Fears of 20-skiff pirate hit on AP Moller ship off the coast of Iran prove wide of the mark.
AMP swallows OSL Holdings Hong Kong bulker operators merge under AMP name, with major shareholder Mark Young remaining in CEO role.
SSC revs up earnings Lion City-listed car carrier owner's bigger fleet drives up net earnings.
Dolphin's seismic sales soar Oslo-listed operator reports revenue hike but higher costs keep it in the red.
Minsheng files for IPO Chinese container line plotting share sale in Shanghai to raise money for new vessels.
Chinese handbrake for tankers Falling oil demand in China will slow down rate recovery, RS Platou Markets says.
Carnival in dialysis drama Cruise line says sorry for booting disabled woman off ship after mix-up involving misplaced blood-cleaning machine.
Viking makes losing start TransAtlantic-owned offshore owner posts first quarter deficit due to weak North Sea spot market.
Eitzen Chem cuts cash burn Oslo-listed owner posts smaller than expected loss as revenue climbs and costs shrink.
NEWSFLASH: APM Terminals makes bid to operate Port of Virginia APM Terminals, a subsidiary of the A.P. Moller-Maersk group, said Wednesday that it has made an offer to operate all Virginia Port Authority (VPA) facilities in Hampton Roads and inland.
NY-NJ port says tenant owes $2.8 million The port authority is giving Foreign Auto Preparation Service (FAPS), the largest auto processor in the port, eight days to meet its financial obligations. FAPS operates on 119 acres and serves about 13 auto manufacturers.
Teamsters strike at CP Workers began a strike against the Canadian Pacific Railway after midnight Wednesday, idling the company's freight trains. Teamsters Canada Rail Conference represents 4,800 conductors, yardmen, locomotive engineers and rail traffic controllers.
Boxship scrapping hits record pace "The total capacity scrapped this year is expected to exceed 200,000 TEUs, making this the second highest year of scrapping behind the record-breaking 379,000 TEUs scrapped in 2009," Alphaliner said.
Freight payment firm launched
Washington Notebook: Panama Canal report's credibility issues
APL, PIL start Far East-Red Sea service Eight ships of about 6,000-TEU capacity will be deployed in the joint service with a rotation of Shanghai, Ningbo, Xiamen, Chiwan, Nansha, Singapore, Djibouti, Aden, Jeddah, Sukhna, Aqaba, Djibouti, Singapore, Nansha, and Shanghai.
BP Marine confirms third Panama Canal bunker barge Company expects barge to begin trading within the next two to four weeks once final permit issues have been resolved.
Insurance ban for ships carrying Iranian product could be lifted EU officials say they want to avoid any 'undesired impact'.
What premium do you expect for LSFO in major US ports?
Investigation into 'hazardous' fuel blending in Rotterdam Study showed some ocean-going vessels were being bunkered by fuel oil contaminated with hazardous waste materials.
Prices falling in Fujairah Good demand in Middle East hub.
Bunker market softens in Rotterdam Some prices climbing in Mediterranean markets.
Fuel oil arbitrage will be 'heavy in June' Traders say Singapore market will be 'finely balanced'.
EPA 'apoplectic' over cruise industry sulphur proposals 'Flexibility' for cruise industry could mean emissions 'ten times' greater than would achieved by following ECA regulations.
LNG suppliers 'yet to be convinced' the bunker role exists Shipowners need to know that LNG will be made available 'at attractive price levels and the right locations', says new study.
Bunker prices soft in Asian ports Supplies of bunkers not an issue.
Sinopec Zhoushan April bunker sales up Firm sells 250,000 mt of bunkers in April, up 20,000 mt from previous month.
New Chinese oil storage facility could start operations in June Tank farm will reserve most storage capacity for gasoline, gasoil and fuel oil.
Fifty Chinese fishing vessels switching to use LNG as fuel Fishing vessels expected to use 20% lesser fuel during operations after the conversion.
Industry players urged to know their counterparts A deal going badly in the current operating environment 'can kill a company dead', says Managing Director of Ocean Intelligence.
Fujairah studies feasibility of LNG bunkering The port hopes to become a regional LNG bunkering hub in the future, says Harbour Master.
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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