Illicit arms traders step up their use of containers Speed, efficiency and the anonymity granted by millions of boxes make containerised supply chains attractive to illicit traders
More must be done to investigate the availability of low-sulphur fuel IMO urged to accelerate study so changes can be made before regulatory deadlines
Sipri vessel categorisation Five categories of incidents outlined by Stockholm International Peace Research Institute
Africa Express Line looks ahead as reefership newbuilding remains at standstill Specialist operator seeks greater port efficiencies while considering longer-term options
MSC Flaminia under tow en route to Europe Ship's own firefighting system is reactivated as third tug heads to scene
Does shipping's energy efficiency drive have the fuel to continue? Huge new crude production plans could jeopardise the energy efficiency movement in shipping
Wider Panama Canal will benefit ship design and operational costs Wider ships will keep stability while increasing cargo capacity
Tokyo court backs Sanko receivership Move will offer protection from creditors
Scorpio Tankers secures bank loan extension to 2014 Experts see extra leeway as means for company to add to HMD newbuilding order
Germanischer Lloyd to cut staff Maritime division hit by slump in newbuildings as well as financial crisis
Biggest miners post record iron ore production Top four companies' output grows by 6.5% year on year
Sinopacific to build four PSVs for Nigerian owner Deal marks first time an African owner orders large-sized PSVs from a Chinese builder
Greek owners signal readiness to respond to flag's plight Restoration of ministry opens the way to detente, but bureaucracy and expense could remain barriers for some owners
China Shipping units CSD and CSCL join in fuel trading venture New company to be based in Singapore will manage bunker purchase and supply for its parents
Scrapping rates rise even as India wobbles Surge in activity finally pushes rates above $400 per ldt mark
Japanese yards win fewer orders for bulkers in January-June Industry data shows orders down 31.1% in tonnage terms
Pakistan targets LPG as vehicle fuel As nation ramps up fuel's use in automotive sector, shipping sniffs more cargoes ahead
Athens bound Dark suits from the troika are travelling back to Greece
Stand united Having helped protect Clarksons against a Russian lawsuit, Tim Harris finally reveals why he quit P&O in 2000
First Steamship pens handysize bulker at $22m Taiwanese dry bulk player buys vessel from Investeringsgruppen Danmark
UK boxship orders overtake Germany Germans account for just 15% of slots since 2008
India tax change to hit Indonesia's refined palm oil exports End to India's six-year freeze on base import price could double duty
Somali piracy threat receding, says NATO counter-piracy commander Vigilance still essential to wipe out problem
China Merchants issues first half profit warning Container manufacturing unit's performance will pinch results
Costa Concordia pre-trial hearing postponed until October Experts need more time to deal with 50 queries from prosecution
Titan Petrochemicals appeals against storage unit liquidation ruling Hong Kong-listed oil logistics firm seeks to rescue buyout deal with Guangdong Zhenrong Energy
Goldenport goes short on boxships and bulkers Listed owner leaves lion's share of fleet unfixed for 2013 in view of weak rates
Shipping shares fall US-listed shipping stocks were under pressure today amidst a broader market decline driven by Eurozone fears
Scorpio secures extension NYSE-listed products specialist Scorpio Tankers today announced a further extension of its term loan from Nordea, DNB and ABN AMRO
US drought imperils bulkers REDUCED barge carrying capacity on the Mississippi due to the severe US drought could soon affect bulker loadings, sources in the sector told Fairplay today
Dozens feared killed in ferry blast and blaze DOZENS of people are today feared dead after an explosion and subsequent fire gutted a ferry in the Nigerian city of Port Harcourt
China proposes varied inland shipping rules BEIJING today proposed new rules for ships on inland waterways - but keeping up with them might be a chore
Wallem and CSC Nanjing Tanker agree to JV WALLEM Shipmanagement today revealed a ship management joint venture it has formed in Singapore with China's Nanjing Tanker Corp
Kremlin loosens port grip THE KREMLIN has freed most Russian ports from its Federal Tariff Service's supervision of stevedoring and other cargo handling tariffs
Novatek's plans tiptoe round Gazprom NOVATEK, the junior Russian gas producer, is to export its natural gas to European and Asian markets without a challenging the export monopoly held by Gazprom
China Merchants to spend CHINA Merchants Holdings plans to invest with COSCO and others in a further expansion of Qingdao's port, according to the China Ports Association
Summer hits bulker S&P SUMMER holidays are hindering the bulker resale market, according brokers
Chelsea sells 11 tankers in takeover by PPP CHELSEA Shipping, a Philippines-based intercoastal tanker corporation, has sold almost its entire fleet of 11 small tankers to compatriot fuel retailer PPP part of a takeover
VINALINES doubles losses VINALINES has posted losses of 1.4 trillion dong ($56M) during the first half of this year, more than doubling losses of 660Bn dong ($26M) year on year
Tanker resale market stirs SALES OF Japanese-owned chemical tankers are bucking the quiet trend in the tanker resale market
Container rates dive again BOX RATES are continuing down again this week, with import demand in the OECD remaining soft
FMCSA Launches Crash Weighting Study The Federal Motor Carriers Safety Administration on Monday launched a promised review of crash weighting in its Compliance, Safety, Accountability...
Container Imports Rose 2.9 Percent in Second Quarter U.S. containerized imports rose 2.9 percent in the second quarter, led by year-over-year increases in furniture, auto parts, bananas and...
DHL Express Expands Propane Truck Fleet in US Starting in August, DHL Express will fuel 100 pickup and delivery vans in the U.S. with liquid propane autogas. ...
ODFL to Raise Base Rates 4.9 Percent Old Dominion Freight Line will raise its tariff base rates 4.9 percent Aug. 6, joining several less-than-truckload competitors that raised...
Savannah's 2012 Container Volume up 1.9 Percent The volume of containers handled by the Port of Savannah during fiscal 2011 ended June 30 grew by a relatively...
Japanese Ship Orders Fall 8.5 Percent Japanese export ship orders fell 8.5 percent in June from a year earlier to 499,370 gross tons, according to figures...
Burning MSC Ship Being Towed to Port Firefighters continue to battle a fire on the MSC Flaminia as the abandoned container ship is being towed from the...
Hong Kong Airport Cargo Volume Inches Up A second consecutive month of year-over-year growth in June saw Hong Kong International Airport stabilize first-half cargo throughput. The...
Korean 3PL Lands GM Logistics Contract Pantos Logistics has won a contract to provide international rail transportation services for a General Motors joint venture in Asia....
Cyclone Disrupts Hong Kong Port, Airport Operations Hong Kong and southern China face port and airport disruption today and Tuesday as typhoon Vicente hits land. The...
Genesee & Wyoming to Acquire RailAmerica for $1.4 Billion Genesee & Wyoming is buying RailAmerica in a $1.4 billion deal that would combine the two largest short-line and regional...
IMO Pressed to Speed Study of Low-Sulfur Fuel The International Chamber of Shipping, representing 36 national shipowner associations, has urged the International Maritime Organization to accelerate a study...
MSC to Impose Low Sulfur Surcharge on US Imports Mediterranean Shipping Co. will impose a new low sulfur surcharge on import shipments at all U/.S. ports on the East,...
Maersk to Hike India-West Africa Rates Maersk Line will seek a general rate increase on its services from India to West Africa, starting Sept. 1. ...
Ocean Carriers Flex Their Pricing Power It's not supposed to work like this. When cargo volumes soften, consumer confidence wanes and vessel capacity increases, ocean carriers...
Rail Shippers Want Captive Shipper Study Shippers aren't waiting for the Surface Transportation Board to address railroad customer pricing concerns and carriers' ability to make enough...
Are Rails Headed For Congress? The class-action price-fixing lawsuit looming over the United States' four largest railroads will likely rival the attention analysts give to...
Railroads Chugging Into Second Half Pessimists looking for signs of a poor U.S. economy for the rest of the year should look elsewhere than on...
Commentary: Sound Policy, Bad Rap on Re-brokering Q: We're a medium-sized brokerage that tries hard to select carriers carefully. In particular, both our contracts and our dispatch...
Army Base: Oakland's New Logistics Weapon West Coast ports have access to millions of square feet of warehouse and distribution space, but those hubs can be...
Logistics Challenges Olympic for UPS As the logistics provider for the upcoming London games, Big Brown faces an Olympic-size challenge When you're the official...
Yildirim Says Time Is Right to Invest in Shipping Is this the time to invest in the maritime business? Yildirim Group thinks so. That's especially true for terminal...
Commentary: Ocean Carriers' Ifs and Buts While watching the end of a ballgame one recent night, an announcer said, "If we just got the extra base...
Central Freight's Choice of Fuel a Natural For Central Freight Lines, natural gas was a natural choice as an alternative fuel. "We're a Texas carrier, so we...
Small Business Weighs In on CSA Rep. Steve Chabot boiled concerns about the complex Compliance, Safety, Accountability program down to a simple question: "If I'm at...
Commentary: Customs' New Clarity in Transfer Pricing On May 30, U.S. Customs and Border Protection published new guidelines concerning the treatment of post-entry valuation adjustments to related-party...
Transnet raises USD1 billion from bond issue South Africa's Transnet SOC has successfully priced a 10-year bond with an annual interest rate of 4% in the international markets, raising ZAR8.3(USD1) billion ...
CIMC suspends its shares Shares in China International Marine Containers (CIMC) remain suspended as the company prepares to make a significant announcement and/or conclude a transaction. ...
Spain heading for a sovereign bailout Markets were once again spooked today by fears that the Spanish government will be forced to go cap-in-hand to the EU/IMF for a full-blown national bailout, in ...
CMHI 'interested' in CMA CGM port stake, say reports China Merchants Holdings International (CMHI) is one of at least two Asian buyers reportedly interested in acquiring a large minority stake in CMA CGM's ports' ...
Khalifa Port to open early Abu Dhabi Ports Company (ADPC) has announced that its new Khalifa Port will officially open for business on September 1, 2012. This is about three months earlier ...
PSCCHC dredging for ULCS Port Said Container and Cargo Handling Co [PSCCHC], the state-controlled operator of the container terminal in West Port Said, has announced a public tender to ...
La Spezia and Genoa continue to fight it out La Spezia and Genoa continued to battle it out for Italy's hinterland cargo in the first six months of the year, with Contship Italia's La Spezia Container Terminal ...
Zuma wants better balance in Africa/China trade relations South Africa's president has issued a stark warning on the African continent's trade with China, saying that the imbalanced nature of current cargo exchanges in ...
MSC Flaminia: damage considerable The salvage team boarding party on the stricken MSC Flaminia has reported 'considerable damage' to the ship and its cargo, although the superstructure, ...
Uljanik eyes ro-pax order The government of Turkmenistan is close to sealing a ro-pax order at Uljanik Shipyard in Croatia.
FSL stays red First Ship Lease Trust reported a deeper second quarter loss after redrawing a series of charter deals.
Scorpio confirms deal New York listed Scorpio Tankers confirms it has done a deal with lenders to extend a credit facility for eight months.
ITC stretches BP charter John Fredriksen's Independent Tankers Corporation (ITC) has won another charter extension from BP for two of its VLCCs.
Atlantic goes to Spain Norwegian offshore owner orders two fast supply vessels underpinned by Total and Shell contracts.
Sanko wins court approval Sanko Steamship today won approval from the Tokyo district court for its application to go into receivership and rebuild the company under Japan's corporate reorganisation law.
Scandlines duo clash Two Scandlines ferries have been involved in a slow-speed collision in Germany.
Solvang sells and leases Norway's Solvang Shipping has freed cash by selling and chartering back a 1999-built LPG carrier.
Keppel lifts tally Keppel Shipyard has picked up a trio of conversion jobs worth over $80m.
Japan holds 24 ships A Cosco bulker and a Transpetro tanker were among 24 vessels detained by Japanese port state inspectors during June.
Bergen adds more Bergen Group has won extra work for the two cruise ferries it is building for Fjord Line.
Biostar in trouble again A Norwegian cargoship has grounded again, two months after being saved from sinking due to water ingress.
Concordia hearing delayed The first court hearing into the Costa Concordia tragedy has been postponed until 15 October.
Don't save the whales! Sri Lanka is refusing to shift an international shipping lane to protect whales.
Skagit "seaworthy" A Canadian broker has said the Tanzanian ferry that sank last week was seaworthy when it was sold last year.
Shreyas succeeds India's Shreyas Shipping & Logistics has made it back into profit for the first quarter as revenue rose.
Scorpio extends credit New York-listed Scorpio Tankers has extended the undrawn portion of its main credit facility until the first quarter of 2014.
Vinalines sees red Vietnamese state-owned shipping conglomerate Vietnam National Shipping Lines (Vinalines) said it suffered a VND1.439 trillion ($69.2 million) loss in the first half of 2012.
Nigerians target new taxes towards shipping Authorities in Abuja are seeking to implement a new environmental levy on ships operating in Nigerian waters.
Rio Tete kicks off Transpetro of Brazil has set the ball rolling at Brazil's new Rio Tete shipyard with an order for 20 coastal ethanol tankers, brokers report this week.
'Revolution' in the engine room at DFDS Crew 'extremely focused on saving fuel by testing new and creative ideas' and competition for bunker prize 'will be fierce'.
IFO prices drop double digits in Fujairah Downward drift grips Middle east and African ports but Cape Town prices stay buoyant.
Bunker prices sharply down in Rotterdam Rotterdam prices lead the way as prices fall across European ports.
Sri Lanka 'next big thing', says Ueda Sri Lanka on track to join Singapore as major maritime and bunkering centre.
Sanko gets nod to restructure Debt-laden Japanese shipping company secures court protection.
ExxonMobil Marine Lubricants expands capacity in Shanghai Now making bulk deliveries with the first double-hulled marine lubricants barge to operate in the busy port.
Cruise lines want to see ECA flexibility Cruising in Pacific North could be curtailed by bunker shortages and higher prices.
ICS continues push for accelerated fuel availability study New proposal submitted to IMO highlighting supply and cost risks to the shipping industry.
Week starts with lower bunker prices Demand slightly above average in Hong Kong as buyers take advantage of falling prices.
Owner of arrested vessel withdraws motion Vessel arrested by O.W. Bunker Malta in the US over non-payment of bunkers.
Iran military plays down Gulf threat Iranian sabre rattling goes quiet as military says action on sea lane unlikely.
KPC eyes higher bonded marine fuel oil sales KPC has 'taken upon itself' to improve the quality of its fuel oil products, says Director of Fuel Oil Sales.
Chinese shipping firms to set up Singapore bunker venture CSCL and CSDC's directors have unanimously voted for the formation of CSG Petroleum.
Investor maintains interest in Titan Despite court order to liquidate StorageCo and appointment of liquidators.
Severe tropical storm suspends Hong Kong's bunkering ops Operations suspended after the Hong Kong Observatory hoisted strong wind signal no. 3 Monday morning.
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