Safety procedures at Les Eplatures airfield (Switzerland) comply with Icao guidelines Safety procedures at Les Eplatures airfield (Switzerland) are compliant with the standards of the international civil aviation organisation (Icao). Switzerland's Federal Office of ...
New US Airways cargo contract for ECS Group in France US Airways has appointed EFIS Air, a subsidiary of the ECS Group, as its cargo general sales agent (GSA) in France. The new contract extends the working relationship between the tw...
Swissport International reports 10% revenue growth in 2012 Swissport International Ltd (Swissport), a provider of ground and cargo services to the aviation industry, reported total revenue of CHF 1.9 billion for 2012, a 10% increase compar...
Is the Bosphorus bridge to be closed completely for maintenance? Turkey's 40-year old Bogazici-Köpr'sü (or First Bosphorus Bridge) is in urgent need of renovation. Transport minister Binali Yildirim announced that maintenance work on the bridge ...
DB Schenker Rail to build new terminal DB Schenker Rail, Deutsche Bahn's freight haulage division, is set to build a new car terminal in Bremen. The facility will be in front of Daimler's plant. When finished, the 50,00...
World Courier orders UK's first Euro-6 new Volvo FH World Courier (UK) Ltd has placed an order for the first Euro-6 compliant Volvo truck in the UK. The vehicle, which is being supplied through Essex to Dorset-based Volvo dealer, MC...
South Caucasus Railway transports more freight in January In January 2013, the South Caucasus Railway cjsc transported just over 200,000 t of cargo, 4.8% more than foreseen for the first month of the year. In January, export goods carried...
Regional restructuring is first step for Kuehne + Nagel Kuehne + Nagel (K+N), the logistics giant based in Switzerland, is streamlining its organisation worldwide, as of 1 July. In Europe, K+N will merge its existing "Central Europ...
European Railway Award 2013 for AAE technical director The Community of European Railways (CER) and the Association of the European Railway Industries (UNIFE) presented the European Railway Award 2013 to Johannes Nicolin in Brussels. T...
Norbert Dentressangle opens new Spanish logistics centre The French transport and logistics service provider Norbert Dentressangle recently commenced operations at a new logistics platform located on a 22,000 sqm plot of land in Les Fran...
In Time Express Logistik: turnover shrank in 2012 In Time Express Logistik, a German courier and express service provider based in Hanover, presented satisfactory results for financial year 2012, despite a slight decline in busine...
DB Schenker: distribution centre in Kunshan starts operations for Kone Operations recently started at DB Schenker's new 47,000 sqm distribution centre for customer Kone, a leading provider of complete elevator and escalator solutions. After thirteen m...
Ports work together on cleaner fuels for shipping The shipping industry is showing an increased interest in using liquefied natural gas (LNG) as a fuel for vessels. It is generally expected that by 2015 a number of progressive shi...
Konecranes' equipment for Indonesia's first automated container yard Indonesia's state-owned terminal operator PT Pelabuhan III (Persero) has awarded the Finnish crane manufacturer Konecranes an order for ten ship-to-shore cranes, 20 automated stac...
Logistics veteran to open software market in USA New Age Software & Solutions, a firm specialising in IT solutions for freight forwarding that was founded in Dubai in 2003, is entering the North American market. Veteran logis...
CSAV completes restructuring CSAV has confirmed the end of its operational restructuring, while posting a loss for its latest quarter
CSCL may raise freight rates in March or April SHANGHAI-LISTED China Shipping Container Lines (CSCL) plans to raise freight rates in March and April, depending on cargo volume, the company stated last week
Bocimar adds more Handysizes at Samjin SOUTH Korean shipbuilder Samjin Shipbuilding Industries has confirmed to Fairplay that Belgian bulker specialist Bocimar has exercised options for another four 36,000dwt Handysize bulkers
'K' Line offloads Capesize 'K' LINE told Fairplay that it is in negotiations to sell its 1996-built Capesize Cape Awoba
RCL widens losses THAILAND'S RCL said today it incurred heavier losses in the full year 2012 due to continued overcapacity in container shipping
Maersk sells VLCC for conversion MAERSK has sold its 2000-built VLCC Maersk Eli, reportedly for FPSO conversion
Call to scrap Suez Canal toll hike THE ASIAN Shipowners Forum today called for the scrapping of Suez Canal toll hikes which will be imposed in May 2013
Maybulk posts 41% drop in 2012 profits MALAYSIAN Bulk Carriers posted a 41% drop in profits for full-year 2012 to 66.5M ringgit ($21.4M) due to continuing weakness in the drybulk and tanker markets
Shipbreaking prices fall in major markets PRICES of ships sold for demolition in major shipbreaking countries fell last week, said major cash buyer Global Marketing Systems
Vitol: Crude tankers 'severely challenged' OIL TRADER Vitol said the crude tanker market can expect another challenging year as more newbuildings join the global fleet
Global Merchandise Trade Shows 'Moderate Growth' Merchandise trade showed "moderate growth" in the major economies during the fourth quarter of 2012, according to the Organisation for Economic Co-operation and Development's International Trade Statistics report. Compared with the third quarter of 2012, the value of merchandise exports and imports for the G7 (U.S., U.K., France, Germany, Italy, Canada...
DB Schenker, Envirotainer Expand Reefer Services DB Schenker Logistics, together with air freight container provider Envirotainer, has expanded its range of temperature-controlled air freight services to Zurich and Basel, Switzerland; Indianapolis; Tokyo and Osaka, Japan; and Sydney and Melbourne, Australia. Services are geared specifically to customers in the pharmaceutical and chemical industries and increasingly to the market...
Kuehne + Nagel's CEO Lange to Step Down Kuehne + Nagel International's board of directors has announced that Reinhard Lange, CEO of the Kuehne + Nagel Group since 2009, will step down because of health reasons, effective May 7, 2013. Until the termination of his contract on Dec. 31, 2013, Lange will continue to support the group in a...
Maersk to Boost Rates on Several Routes on April 1 Maersk Line will increase rates on several trade routes, effective April 1. The ocean carrier will increase rates for dry containers in its trade between North Europe and the U.S.: From the U.S. to North Europe, and from North Europe to the U.S. East and Gulf Coast, the hike will be $200...
Despite Volume Growth, Kuehne + Nagel Earnings Decline Kuehne + Nagel's operating profit declined 5.8 percent 2012 from the previous year as slimmer margins, rising costs and an antitrust fine outweighed the impact of increased ocean, air and land transport volumes. The Swiss global logistics group earned 921 million Swiss francs ($976 million) before interest, tax, depreciation and amortization,...
Barcelona's Container Traffic Falls 12 Percent Spain's Port of Barcelona reported total container traffic in January was 126,835 20-foot-equivalent units, including 10,480 domestic TEUs and 116,356 foreign TEUs, a decline of 12 percent year-over-year. Unloaded traffic in January fell 6.5 percent year-over-year from 74,044 TEUs in 2012 to 69,201 TEUs in 2013. Loaded traffic slumped 17.7 percent...
China's Production Shifts Remodel Shipping Striking new statistics on the origin of Chinese exports reveal how the focus of Chinese manufacturing is gradually shifting away from the costly south and toward the north and west. The analysis by New York-based global investment banking and research firm Seabury shows year-over-year changes in production by province, adding a...
Cosco Announces March, April Rate Increases Cosco Container Lines will increase rates for all refrigerated shipments in its trade from the Far East to the Red Sea and Persian Gulf by $500 per unit, effective March 15. The shipping company will also hike rates for all shipments in its trade from the Far East to South Africa,...
From TPM: Maersk's Skou Optimistic on 2013 LONG BEACH, Calif. - Container ship lines can improve on last year's results if they continue to trim costs and control capacity, Maersk Line CEO Soren Skou said in the keynote speech to the JOC's 13th annual TPM Conference. Skou said global vessel capacity is expected to rise 10 to 11...
APL Hikes Some Asia Rates APL has announced several rate increases and bunker surcharges that will go into effect in March and April. The ocean carrier will increase rates on its trade from Mexico to Asia, Australia, the Middle East and West Asia, effective March 6. The hike will be $750 per 40-foot and 40-foot high-cube...
Cheng Lie Navigation to Launch China-Cambodia-Thailand Service Cheng Lie Navigation will launch the RBC2 service, a direct service from central China to Cambodia and Thailand. The RBC2 service will start from Bangkok on March 8, operating with the following rotation: Ningbo, China; Shanghai; Sihanoukville, Cambodia; Bangkok; Laem Chabang, Thailand; and back to Ningbo. The CMA CGM Group's intra-Asia specialist...
Containerships Opens Office in Ukraine Containerships' new office in Kiev, Ukraine.Containerships has opened a new office in Kiev, Ukraine. To serve the Ukrainian market, the shipping company is offering a weekly container service from Teesport, England, and Rotterdam, the Netherlands, via the ports of Klaipeda, Lithuania, and Riga, Latvia. From Klaipeda and Riga, deliveries to final...
CMA CGM Sets April Rate Hikes in Europe Trade CMA CGM will increase rates on its trade from North Europe, Scandinavia and the Mediterranean to Australia, starting April 1. The hike will be $250 per 20-foot container and $500 per 40-foot container for dry cargo. The French ocean carrier will also hike rates in its trade from North Europe to the...
CMA CGM Offers Intermodal Reefer Hubs in Europe CMA CGM's intermodal and logistics service centers in Hamburg, Germany, and Antwerp, Belgium, have developed new dedicated refrigerated hubs in North Europe. The hubs include Venlo in the Netherlands; Duisburg, Germersheim, Ludwigshafen/Mannheim, Stuttgart, Köln, Frankfurt-Mainz and Weil in Germany; Strasbourg in France; and Basel in Switzerland. These hubs offer pre-trip inspections, repairs,...
Throughput Grows 6 Percent at Port of Mumbai India's Port of Mumbai boosted throughput by 6 percent year-over-year in the first 11 months of fiscal 2012-13, the port authority said in a statement Monday. Total tonnage from April 2012 to February 2013 reached 53 million tons, up from 50.2 million tons in the same period in fiscal 2011-12. Inbound...
From TPM: Maersk Unveils Customer Goals LONG BEACH, Calif. - Maersk Line announced eight customer service targets that CEO Soren Skou said reflect customers' needs for improvements in basic tasks ranging from accurate documentation to answering phone calls promptly. Discussions with more than 1,000 customers showed they want better execution of fundamentals, not invention of "the iPad...
France Ratifies Maritime Labour Convention, 2006 France has ratified the Maritime Labour Convention, 2006, making it the 35th International Labour Office member state and the 13th European Union member state to ratify the convention, which sets out decent working and living conditions for seafarers, while creating conditions of fair competition for shipowners. France has ratified nearly all...
London Gateway Gets First Giant Gantry Cranes The London Gateway container terminal has received the first three of 24 giant gantry cranes from China as it prepares to handle its first container ship in the final quarter of 2013. The 2,000-ton cranes, the first in the U.K. to be able to lift four containers at once, arrived at...
Kuehne+Nagel shake-up follows a year of hard knocks Global logistics group Kuehne + Nagel has seen its full-year 2012 results hit by declining profit margins, cost increases and an anti-trust fine ...
Solverminds inks deal with Gothong Southern Chennai-headquartered container shipping specialist software solution company Solverminds' Malaysian subsidiary SVM Solutions & Technologies has signed ...
European exporters to Asia beware OOCL is one of many carriers to announce a spring rate hike on the backhaul north Europe to Asia trade lane; but will the liners also revisit the strategy of 2012 ...
CSAV reports Q4 operating profit Chilean container shipping line Compania Sud Americana de Vapores continued its successful turnaround in the fourth quarter of last year, posting an operating income ...
Southampton dredging programme approved The Port of Southampton has received approval for an extensive dredging programme that will enable it to handle the next generation of container vessels.The work ...
Maersk snubs Panama Canal with shift to Suez Maersk Line has dealt a serious blow to the Panama Canal by shifting its Asia-US east coast service to a Suez Canal routing in a move that will absorb tonnage and ...
Lay-ups offer relief Maersk Tankers has moved forward with a plan to place a pair of VLCCs in lay-up but its peers are unlikely to follow suit, according to a researcher at Charles Weber.
Hold the applause The terms of a time charter extension between Diana Containerships of Greece and AP Moller-Maersk has been met by a lukewarm reception on Wall Street.
Cargill keeps options open More acquisitions may be on the horizon for Cargill after inking a letter of intent to construct a series of capesize bulkers at China's Shanghai Waigaoqiao Shipbuilding (SWS).
Ready to rumble OW Bunker has moved a step closer to cementing its position as a leader in US Gulf after chartering a second supply vessel to support an expansion campaign that began less than a year ago.
GLNG plots spin-off Golar LNG Limited is on the fringe of launching a spin-off that will focus on the pursuit of floating LNG (FLNG) projects.
Batista 'humbled' Eike Batista's quest to be the richest man in the world has officially been derailed, according to Forbes.
DCIX lands extension Diana Containerships has secured a time charter extension for a panamax fixed to AP Moller-Maersk of Denmark at a lower rate.
Boa slashes orders Boa Offshore has chopped a newbuilding order in half following a lengthy fight to finance the vessels.
Minoan yard unearthed Greek scientists have dug up an ancient shipyard on Crete, which is believed to be the first big vessel construction site of the ancient Minoan civilisation.
Uljanik wins quartet Croatia's Uljanik Shipyard has won a tender to build four new ro-ros for domestic owner Jadrolinija.
Moment of impact Dramatic footage from a nearby vessel has shown how a small cargoship was forced aside by a big Turkish bulker off Singapore.
STX PO downs SGX rank STX Pan Ocean is downgrading its stock listing in Singapore.
Cutting the bull Analyst Macquarie has downplayed the recovery in Maersk Line profits, predicting a drop in vessel utilisation until 2015.
RaetsMarine sold to Amlin One of the top players in the fixed premium protection and indemnity market is changing hands for up to $65m.
DSF pushes up profit Danish Ship Finance (DSF) has posted better earnings for 2012, but loan impairments rose.
Ezion to see LNG spark A plan to revive a mothballed marine supply base in Australia is likely to provide a further shot in the arm for Ezion Holdings, analysts say.
Stopford's buyers' guide Clarksons research supremo and dairy farmer Martin Stopford has offered a guiding hand for red-blooded shipowners looking to nail the timing of their trough investments.
Bulker death probed The crew of a Belgian bulker has been questioned in Canada after a colleague died at sea.
Greeks pen capes Newly-formed shipbuilding heavyweight Japan Marine United is said to have secured orders for four capesize bulkers.
K-sure eyes Yamal action Korea Trade Insurance Corporation (K-sure) is in talks to provide funding for Russia's big new Yamal LNG project.
MISC gains on resistance Shares in Malaysian shipowner MISC edged up today as minority shareholders continue to hold out for a better takeover offer from Petronas.
Better finish for CSAV Chile's CSAV has spent another year in the red despite carding positive numbers for the second half of 2012.
Shipping boss killed Russian police have launched a murder inquiry after the head of bunker shipping company ECOtek was shot dead.
Cosco confident China's Cosco group should make a return to profit this year, according to deputy chief Ma Zehua.
Wisby adds another six Sweden's Wisby Tankers has returned to Croatia's 3 Maj shipyard for six more newbuildings.
Vopak ends year lower Dutch terminals group Vopak has suffered an 18% decline in full-year net profits to EUR 321.5m ($420m).
Traf seals new funds Commodity trader Trafigura has lined up fresh financial firepower after securing $4.2bn in new financing involving fifty banks.
"Severely challenged" Vitol, the world's largest oil trader, has given a grim assessment of current prospects for the crude tanker sector.
K+N CEO to depart amid weak earnings Kuehne + Nagel International AG has accepted the resignation of CEO Reinhard Lange for health reasons, effective May 7. The company's net profit for 2012 fell 18.6 percent from 2011 to 493 million Swiss francs ($522.6 million).
MSC stake in Long Beach could affect Oakland TEUs
CSAV in the black for second half of 2012 The Chilean liner carrier said Monday it made an operating profit of $8.4 million in the fourth quarter of 2012, a huge improvement on the $158.1 million the line lost in the same quarter in 2011.
February cargo numbers down at Delta
Norbert Dentressangle opens Vietnam office
Global air cargo stabilizing IATA reported North American airlines experienced a 0.6-percent uptick in demand on a 1 percent capacity decline. A demand growth in Europe of 1.2 percent was wiped out by a 2.4-percent increase in capacity.
German air freight declined in 2012
Ryder restarts dedicated truck business
Cargill processes first e-bill of lading The agribusiness used the electronic process to underlie a shipment of grain from Houston to Veracruz, Mexico. The transfer of documents took 19 minutes, the company said in a statement to Reuters.
NIT League says rail reform could save shippers $900 million
Oryx Energies announces new appointment Evrard will lead oil trading activities and planned expansion of speciality services, which include a specialised bunkering service.
Bunker prices open the week mixed in Fujairah Prices soft in South Africa.
Congestion likely in Rotterdam Bunker prices slide across Europe.
Further bunkering growth anticipated at Sohar Provision of pipeline deliveries under consideration in connection with upcoming establishment of bunker fuel storage.
Braemar eyes emerging LNG bunker market Firm's consultancy arm to put its LNG knowledge to market.
Emulsion fuel developer 'on cusp' of entering bunker market 'There is some way to go, but Quadrise is cautiously confident.'
Maersk canal switch to cut costs Asia-US service to go via Suez Canal.
Global bunker fleet: Problems remain IBIA chairman says there are still places where investment in modern tonnage is needed.
KPI Bridge Oil appoints senior trader Araki Takanobu will be KPI's new senior trader for the Singapore office.
Shipping director killed Victim headed Russian river company transporting oil products.
Asian bunker prices start week soft In Singapore, prices of benchmark 380 cSt bunker fuel fell $6.50 from Friday's level.
Major shareholder of Titan reiterates commitment to 'restructure' Investor and Titan are 'proactively considering alternative funding and restructuring proposals'.
Ports form working group for LNG-fuelled vessels The group will develop 'guidelines on safe procedures for LNG bunkering operations'.
Shipping firms support change in Bangladeshi bunkering policy Demand made for private bunker suppliers at Bangladeshi ports.
Investment bank maintains 'buy' rating of Aegean Aegean's balance sheet 'underestimated', says Dahlman Rose.
China fuel oil imports continue falling in February Year-on-year imports dropped by about 14%.
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