JFE, IHI agree to merge their shipbuilding units JFE Holdings Inc, Japan's second-largest steelmaker, and IHI Corp have agreed to merge their shipbuilding units to create a builder to compete with South Korean and Chinese rivals.
French firms work on anti-pirate ship of future Blind them with light, drench them with water cannons or deafen them with sound blasts: these are some of the on-board anti-pirate features that figure in a project being developed in France.
Wrecked liner will be moved by end of the year: official The wreck of Italian cruise liner Costa Concordia will be moved from Giglio Island by the end of the year, the top rescue official said on Sunday.
Disruption due to Belgian port closures? Inchcape Shipping Services (ISS), a leading maritime services provider, advises that a nationwide strike in Belgium today (30 January 2012) is closing ports in the country, with kn...
Canadian Pacific signs new five year contract with Canadian Tire Canadian Pacific Railway Limited has signed an agreement with Canadian Tire Corporation Limited which extends to early 2017 and awards the railway with the vast majority of Canadia...
Study confirms economic impact of Anchorage airport The Alaska (USA)-based Anchorage Economic Development Corporation (AEDC), in conjunction with McDowell Group, recently completed an economic impact study requested by Ted Stevens A...
Schneider National extends contract with CSX Transportation Schneider National Inc, a premier provider of transportation, intermodal and logistics services in the USA, has signed a new, multiyear agreement with railroad CSX Transportation u...
Axel Marschall to head up sales division at DB Schenker Rail Axel Marschall will be assuming management responsibility for sales at the European DB Schenker Rail Group, and will become the member of the board of management of DB Schenker Rai...
USA earmarks nearly USD 1.6 billion for damaged roads and bridges The US Transport Department has allocated nearly USD 1.6 billion to states and territories across the nation to help cover the costs of repairing roads and bridges damaged by a var...
Volvo Trucks posts record market share in North America in 2011 Volvo Trucks recorded the North American heavy-duty truck industry's largest market share gain of the year in 2011, according to retail sales data compiled by WardsAuto Group. Volv...
Al Madina Logistics Services new WWPC member in Oman With immediate effect Al Madina Logistics Services in Muscat has been appointed as exclusive member for the WWPC in Oman. Al Madina is a provider of 3PL services and complete logi...
PPG expands member services in Middle East and South America The Project Professionals Group (PPG), a heavylift freight forwarding network, has appointed Inchcape Shipping Services as the new project support member for Qatar, Bahrain, Dubai...
Ceva Logistics to manage logistics for Intermas Nets Ceva Logistics, a leading global supply chain management company, has signed a five year contract with the world's leading manufacturer of extruded plastic nets, Intermas Nets SA. ...
Vienna container terminal increases box handling The WienCont container terminal in Vienna loaded or discharged a total of 441,615 teu in 2011. Compared with 2010 the container operator was able to increase the volume by 38%. (it...
MSC introduces congestion surcharge in Mombasa The Geneva (Switzerland)-based Mediterranean Shipping Company (MSC) will introduce a congestion surcharge of USD 150 in Mombasa (Kenya) due to continuing port delays. It will ...
PortGround meets highest international standards in terms of air cargo security PortGround GmbH, a subsidiary of Mitteldeutsche Airport Holding, which provides ground handling, freight and other services at Leipzig/Halle and Dresden airports (both Germany) was...
Largest ever aircraft acquisition in Europe Norwegian (NAS) ha...
Sea trials prove Hantong design fuel efficiencies Straightforward improvements to ship design save over three tonnes of fuel a day
Safety culture in cruise industry to come under scrutiny There is a growing ambivalence towards application of the ISM code, says Skagerrak Foundation lead investigator Arne Sagen
Let western courts try suspected pirates Transfer the convicted to Indian Ocean prisons once capacity is in place
Cameron gets his hands dirty in Canada's oil conundrum EU set to label Canada's tar sands oil as officially 'dirty'
MOL scraps four tankers Japanese line opts for green recycling in India to reduce VLCC overcapacity
Newbuildings can make sense, says Gratsos Hellenic Chamber president scorns bankers for 'stupid' newbuilding views
Over-ordering fears grip product tanker sector Fredriksen reportedly the latest owner lured by new eco designs
Carnival considering whether it can afford to repair Costa Concordia IMO intends to conduct its own review into passenger safety
Eagle Valencia to earn $30,000 per day for next three months Owners land sound time charter deal
VLGC Middle East-Asia rate rises for tenth trading day in a row Further rate increases expected as tonnage is reduced
Tankers to scoop up Canada's tar sands oil exports 'A matter of time' before Canada turns to seaborne tar sands shipments, say analysts
British Marine defectors ordered to pay $500,000 damages High Court rules that trio tried to 'rip the heart' out of former employer's business
Belfast Harbour posts 7% rise in volumes Break bulk, dry bulk and ro-ro sectors drive growth
United action With huge numbers of VLCC and suezmax newbuildings set to enter service this year, the industry needs to pull together and reduce capacity
Netanyahu backs Red-Med rail link Project has yet to secure private-sector funds
January demolition levels up 19% on last year's volumes Indian breakers maintain lead with more than a third of total scrap purchases in 2012
'Stupid ship owners'must stop ordering 'stupid ships' Shipping is subject to Schumpeter's concept of creative destruction
General strike halts operations at Antwerp and Zeebrugge Nationwide walk-out leaves port owners feeling the pinch
Horizon Lines to pay $1.5m environmental fine Jones Act liner major will admit two counts of providing authorities with false vessel oil record-keeping entries
Nils Andersen off work until April AP Moller-Maersk chief executive needs more time to convalesce
Sudan releases tankers carrying the South's oil But both governments warn that disputes over oil revenues are far from over
Abu Dhabi opens ro-ro port Sir Baaani Yas will be a tourist hub
Eurotunnel's rise Channel Tunnel operator's full-year revenue figures for 2011 make for an interesting contrast to SeaFrance
India defies US sanctions against Iran Projected growth of 7% this year will drive Indian demand for crude oil
Magic pipe group sues US government over indefinite crew detentions Lawsuit brings legal wording under the microscope
Bunker bills and weak freight rates drive Hanjin into the red South Korea's largest box line posts $436.7m operating losses for 2011
Strike ends; SNCM to start service FRENCH Mediterranean ferry operator SNCM hopes to launch its planned new three-times-weekly service between the port of Toulon and the port of Bastia in Corsica on Wednesday
Concordia fallout escalates CARNIVAL Corporation today estimated that the Costa Concordia tragedy will cut FY12 profits by as much as $175M
Magica to replace Concordia COSTA Crociere is to replacing the ill-fated Costa Concordia with Costa Magica during the 2012 season
CLIA launches safety review THE Cruise Lines International Association has begun an expedited safety audit in the wake of the Costa Concordia tragedy
Castaing returns to STX LAURENT Castaing, port boss at Le Havre, has been appointed general manager of leading French shipbuilder STX France
Coal export terminals proposed A US Pacific Northwest river port approved plans to build two coal export terminals to be operated by Ambre Energy and Kinder Morgan
Horizon pleads guilty JONES Act carrier Horizon Lines will pay $1.5M to resolve previously announced oily water separator violations in the US-Hawaii box trade
MOL scrapping 5 tankers JAPAN'S top carrier MOL said today it would scrap four VLCCs and one Suezmax tanker by the end of March
Brace for bulker deliveries BULKER newbuilding deliveries are set to boom this month, with 135 newly delivered ships already in service, according to Sea-web data
Ship demolition completed on French beach THE demolition of TK Bremen, the general cargo ship that ran aground on a Brittany beach in the early hours of 16 December, has been completed
Seadrill brakes on Brazil SEADRILL said its plan to spin off and list its Brazilian unit on the Sao Paulo bourse will be delayed a few months
LNG terminal to be built at Gangavaram INDIA'S Petronet LNG has decided to site its third terminal at Gangavaram in Andhra Pradesh
Wilmar buys chemical tankers SINGAPORE-based palm oil grower Wilmar International has snapped up three chemical tankers
Precious disposes of ABG newbuilding PRECIOUS Shipping has sold another ABG Shipyard newbuilding to Singapore-based Global Bulk Carriers, and acquired a secondhand vessel
Paris picks STX France boss LAURENT Castaing, port boss at Le Havre, has been appointed general manager of leading French shipbuilder STX France
Toll Denies Teamsters' Charge it Underpays Drivers Toll Global Forwarding dismissed on Monday Teamsters union charges that the logistics company pays its employee drivers in Southern California...
Crowley Launches LCL Service From Houston to Puerto Rico Crowley Maritime will launch a new weekly express less-than-containerload service from Houston to Puerto Rico in early February. The...
Customs Brokers Take Clean Truck Fee Complaints to FMC Cargo interests and customs brokers complained to the Federal Maritime Commission that trucking companies in Los Angeles-Long Beach are still...
Long-Haul Trucker YRC to Exit Next-Day Market YRC Worldwide is proposing changes to its long-haul freight network that will speed shipments and take long-haul carrier YRC out...
US Exports of Spirits in Sharp Growth Mode The U.S. liquor industry says big developments in international markets will boost shipments abroad this year after projected exports in...
DHS's Napolitano Promises More Trade Cooperation Homeland Security Secretary Janet Napolitano said Monday that security efforts will rely heavily on risk management and information sharing with...
Public Support Grows for New Detroit-Canada Bridge Public support for a new bridge between Canada and the U.S. at Detroit is growing, but a $6 million negative...
Eurotunnel Saw Double-Digit Growth in 2011 Eurotunnel, the operator of the subsea tunnel between France and the U.K., booked double-digit growth in rail freight and truck...
National Strike Brings Antwerp Port to Standstill The Port of Antwerp is at a standstill as dockers at Europe's third-largest container port participate in a nationwide 24-hour...
ABF Freight Parent Posts $6.8 Million Profit for 2011 Trucking operator Arkansas Best returned to profit in 2011, reporting a $6.8 million net profit for the full year, compared...
Greece's Piraeus Nearly Doubled Container Traffic in 2011 Container shipments at Piraeus nearly doubled in 2011 from the previous year as surging volume at a Cosco Pacific-controlled terminal...
Hanjin's 2011 Container Losses Hit $487 Million Hanjin Shipping, the first major carrier to report financial results for 2011, said its container operations lost $487 million last...
A.P. Moller-Maersk CEO Extends Medical Leave A.P. Moller-Maersk CEO Nils Smedegaard Andersen is extending his medical leave until the end of the first quarter following heart...
APL Raises India to Europe, Mediterranean Rates APL imposed a peak-season surcharge on westbound trade from India to Europe and the Mediterranean, starting Feb. 1. The...
APL Revenue Dropped on Higher Volume in Late 2011 APL in the last six weeks of 2011 shipped more containers year-over-year, but the carrier's annual revenue by container plunged...
Indonesian Government Scraps Jakarta Terminal Plan The Indonesian government's cancellation of a plan to build a container terminal in Jakarta is fueling fears that the country's...
Amazon's Supply Chain: Delivering Clicks and Bricks Amazon.com is the biggest thing to hit retailing since Wal-Mart went national. Like Wal-Mart, Amazon is leveraging its size and...
Sourcing's Home Run An alteration in trade throughout North and South America over the past few years suggests a growing trend toward "near-sourcing"...
Union Pacific Sees Domestic Revival Union Pacific Railroad's pricing leverage may have been strong last year, but it's due to get even stronger in 2012....
Banking on Logistics In Cincinnati, logistics is to business what five-way chili is to local cuisine. The Cincinnati area is home to hundreds...
Absolute Unpredictability Over the past several years, my wife and I have taken our main vacation time during a two- to three-week...
Global Trade, Out of Balance The World Bank's forecast for slowing growth in global trade is landing with a thud across most of the world,...
Insurance at a Lower Premium The grounding of the container ship Rena last October and of the cruise ship Costa Contadora this month is fueling...
Carrier Rate Hopes Are Eastbound Eastbound trans-Pacific container shipping volume is likely to increase in the low single digits this year, and that will present...
Excellence in Imports Entering the Port of Chicago, one pharmaceuticals importer felt as if it were in the movie "Groundhog Day." The shipper...
Mending A Broken Border The growth of U.S.-Mexico trade is doing nothing to clear the gridlock at the border. The movement of...
E-commerce Taxes Retail Competitors It's long been said the only certainties in life are death and taxes - but not if you buy online....
SSA Mexico implements 'Forecast by Tideworks' SSA Mexico (SSAM) which operates the largest container terminal in Mexico's west coast port of Manzanillo, has installed Tideworks Technology's new customer service ...
Rena: complex salvage continues In its daily update, Maritime New Zealand [MNZ] has advised that the McDermott heavy lift helicopter is being readied for container removal operations to retrieve ...
Shipping reps fear Green Climate Fund will inflict massive costs on industry Shipping representatives have expressed fears the sector will be unfairly impacted by the newly launched Green Climate Fund (GCF) - with concerns mooted that the ...
Slumping rates and oil hikes dump Hanjin into the red South Korea-headquartered Hanjin Shipping plunged dramatically into the red in 2011 following a hike in oil prices and plummeting freight rates. Hanjin's overall ...
The Swiss dilemma Switzerland's largest retailer Migros has started experimenting with Italian ports again. Speaking at the Swiss Shippers' Council's annual conference in Interlaken ...
India: we will not cut back on Iranian oil imports That was the response from India's finance minister, Pranab Mukherjee, yesterday to questions from reporters in Chicago; despite pressure from the US-led campaign ...
Belgium general strike shutters ports Europe's third-biggest port, Antwerp, was at a virtual standstill today as Belgium's unions called the country's first general strike since 1993, to protest at ...
US GDP picks up pace in Q4, but economy 'needs all the help it can get' The American economy grew at its fastest pace in almost 18 months, expanding by 2.8% in the final three months of last year, according to provisional figures released ...
Mixed price movements in Fujairah market Middle East prices lack direction.
Black carbon definition proposed to IMO meeting Submission also gives advise on measurement methods to help work on reducing impact of BC emissions from shipping in the Arctic.
Call for 0.10% sulphur limit to be delayed Cruise ships and passenger ferries should be given more time to prepare.
Rotterdam market softens 'Quiet market' in north European hub.
Troubled tanker operator could struggle to procure fuel Broker says bunker suppliers are 'starting to avoid BLT.'
Losses widen for South Korea's largest container carrier 'Hike in oil prices' and uncertainty in major economies mean difficult year ahead.
LNG cost implications unclear 'We still have to sort out the commercial side of things,' says naval architect.
IMO endorses advise on Bunkers Convention, CLC certificates Vessels over 1,000 gt advised to get bunkers convention certificate in addition to CLC certificate, says INTERTANKO.
Harsh weather postpones debunkering of Costa Concordia Smit Salvage to complete preparations and commence fuel removal ops when weather permits.
IFO prices falling in Asia as week starts Mixed demand at key Asian bunker hubs on Monday.
Bonded bunker volumes in Kochi to increase Kochi has 'operational advantages.'
Sri Lankan oil ministry to cancel six bunker permits Only four bunker licensees 'had performed services properly,' the ministry said.
Aegean ratings downgraded Investment research firm lowers Aegean's rating to 'underperform.'
Japanese technology firm unveils concept ship design Vessel able to achieve fuel savings of more than 40% and significantly reduce harmful emissions.
Ceylon Petroleum in talks to re-enter bunkering Discussions underway between CPC and Ministry of Petroleum & Petroleum Resources Development.
Bunker removal operations begin on bulker More than 1,000 mt of heavy fuel oil and a 'small quantity' of MDO on board the stranded vessel, says NYK Line.
US bunker supplier posts higher 2011 earnings Helped by increased margins and sales volumes in its bunker and heavy fuels businesses.
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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