Le Havre handling more heavylift cargo Haropa, a new alliance of the French ports of Le Havre, Rouen and Paris, recently proved its heavylift credentials. The alliance's 300th heavylift consignment, stemming from Gron (...
Competition fines in France will open up rail market The UK's leading rail freight trade association, the Rail Freight Group (RFG), has welcomed the decision of the French competition authority to fine its country's national railway ...
17% drop in Volvo truck deliveries worldwide Volvo Trucks delivered a total of 3,835 lorries in Europe in November, 13% fewer than in the same month in 2011. Deliveries in Asia in November amounted to 1,132 HGVs, a 19% decrea...
IRU Indices: double dip recession for EU is confirmed despite warnings Following the recession in 2009, IRU road transport indices show that the GDP in the EU in 2012 contracted again (double dip) by 0.3%. In 2013, economic growth is expected to stagn...
Panalpina changes regional CEO Asia Pacific Stefan Karlen has been appointed regional CEO Asia Pacific of Basel (Switzerland)-based Panalpina with immediate effect. His predecessor Marco Gadola will be leaving the forwarding...
Hans van der Hart to leave Zeeland Seaport Hans van der Hart has decided to resign as CEO of the Dutch port authority Zeeland Seaports NV, with effect from 1 October 2013. He will continue to serve as a management advisor t...
European Parliament's transport committee in favour of whisper brakes The European Parliament's transport committee has agreed to promote the conversion of goods wagons' brakes to the quieter form (whisper brakes). The maximum support should be aroun...
Global sales at Röhlig under new guidance The German service provider Röhlig has appointed Niels Kjaer-Richardt as its new global sales director. As part of his role, the Dane will be responsible for R'hlig's global key ac...
CIT adds ten A350 XWB aircraft to portfolio CIT Group Inc, a global leader in transportation finance based in New York (USA), has placed a firm order for 10 A350-900s. This is the second time CIT has ordered A350 XWBs and br...
Boeing completes 2012 with record-setting performance The US airframe manufacturer Boeing booked 1,203 net commercial airplane orders in 2012, the second-largest number in company history. The company also delivered 601 airplanes, the...
LAX with two "Dreamliner" firsts Los Angeles airport (LAX) recently saw two new services operated with the new Boeing B787 Dreamliner: on 31 December 2012, LAN Airlines became the first carrier at LAX (California)...
Armin Schwolgin named honorary professor Professor Wang, the vice-president of Beijing Wuzi University, recently named Professor Armin F. Schwolgin as adjunct professor of his university. When presenting the charter, Wang...
DPD puts new parcel handling centre into service The parcel and express service provider DPD has phased in a new parcel-handling centre in Erftstadt, near Cologne (Germany). With effect from 27 December 2012, the new depot, which...
W. R. Zanes & Co acquires Feinstein & Norris The president and CEO of New Orleans LA (USA)-based W. R. Zanes & Co (Zanes), Diane Schexnayder, reported that her firm recently acquired Houston TX-based Feinstein & Norri...
Jenkinson Logistics transports Irish silos to Saudi Arabia Jenkinson Logistics, member of the Worldwide Project Consortium WWPC for Ireland, was recently contracted to ship large silos from Ireland to Saudi Arabia. Jenkinson obtained suita...
UASC eyes 18,000 teu boxships Kuwait-based line in preliminary talks with shipyards
Passing the buck Ten years on, the Prestige trial is more about money and blame than about finding answers
Maersk forecast to gain $300m from reefers rate increase Nordea predicts 30% success rate for move
Who pays and who wins with fuel-saving retrofits? Charterparty contracts under closer scrutiny as two-tier market emerges
Banks get behind retrofitting Lenders hit back at claims that they refuse to finance fuel-efficiency loans
Lloyd's Register approves LNG-fuelled bulk carrier design Clean Sky kamsarmax project moves gas-powered bulkers far beyond the concept stage
China's tanker quartet play out of tune Major owners are unlikely to co-operate on a VLCC pool or to avoid the headlines
Asia-Europe box volumes down 6% in November Latest CTS data confirms a dismal end to 2012
Chinese banks expected to streamline shipping act Adviser tips banks to follow example of CDB's new shipping centre
Capital Product takes Marinakis boxships in tanker swap Nasdaq-listed owner enters container market in exchange for two VLCCs
Who will snap up STX Pan Ocean? Speculation mounts over likely suitors for South Korea's largest dry bulk player
K Line seeks to build giant boxships Imabari Shipbuilding said to be in talks over five ultra-large vessels
US pledges to keep Mississippi open Shipper lobby warns again that closure will cost money, cargo and jobs
Boxed in Asking shipping lines to speed up would raise both harmful emissions and freight rates
Somali pirates get 10 years Yemeni court told of criminal conspiracy to hijack marine transportation
Rally in Asian box shipping shares looks set to lose steam Mounting overcapacity means volatile trend, say analysts
Banks flex their muscles as vessel values fall Moore Stephens predicts 'a firmer grip' on shipping this year
STX Dalian confirms Fredriksen order Shipyard new to large bulker construction signs letter of intent for capesize series
Shipbreakers make bullish start to new year Brokers report firm rates continuing last year's strength
Philippines woos Japan shipbuilders Government trade department approaches 10 yards as prospective investors
SeaIntel launches Africa box website Portal will provide status information on continent's top 50 container ports
Early days The shipping market has turmoil ahead despite the new year's positive signals
Proposed debtor-in-possession package involves its own cash, says OSG "Intercompany financing" upholds November 2012 statement about cash self-sufficiency
Banks seen poised for shipping action LENDERS will "take a firmer grip on shipping" this year, accounting firm Moore Stephens predicted today
CPP enters box sector CAPITAL Product Partners today said it has traded two crude tankers to its private sponsor in return for two box ships, marking a shift in strategy
Turkey extends Algerian LNG import deal TURKEY'S energy minister Taner Yildiz has renewed a contract under which Algeria will supply 4Bn m³ of LNG per year for another decade, IHS World Markets Energy reported today
Crew rescued off China THE CREW of Malaysia-flagged heavy load carrier PWP 1 have been rescued off Sanya city, China, after a fuel tank leaked and the vessel lost power
Doyle joins US panel US SENATE committee members have confirmed William Doyle to join the US Federal Maritime Commission
Cargo volumes slump at Tallinn's harbours A SLUMP in liquid commodities caused a 19.2% year on year nosedive in total cargo volumes in 2012 at the five Port of Tallinn harbours
Manila courts Japanese shipyard groups MANILA is inviting nine Japanese groups to set up shipbuilding and repair yards in the Philippines
'K' Line eyes 3Q profits 'K' LINE today predicted it will record profits in the quarter ended 31 December 2012, mainly because of revaluation of investment securities
Grappling for tonnage BREAKING sales have spiked in the New Year, with cash buyers competing for tonnage and owners exploiting the higher prices on offer
Taiwan-mainland direct shipping rises 400% DIRECT shipping of passengers across the Taiwan Strait jumped by about 400% in 2012, Taiwan's transport ministry said
Precious buys two Supramaxes PRECIOUS Shipping has bought two Supramaxes from India's Goodearth Maritime, as it continues to expand its fleet
HHI selling four stray TMT VLOCs HYUNDAI HI its subsidiary Hyundai Samho are discussing a sale of four VLOCs after Taiwan's TMT defaulted on payment
Maritime Symposium to Honor California State Lands Commission and Captain Richard B. McKenna The California Maritime Leadership Symposium (CMLS) organizing committee recently selected the California State Lands Commission as the 2013 Symposium Honoree of Merit and Captain Richard B. McKenna, Executive Director for the Marine Exchange of Southern California, as the recipient of the 3rd annual Gary L. Gregory Lifetime Achievement Award. The...
Comdata Expands Availability of Tailored Payment Solutions in Canada BRENTWOOD, Tenn. - Comdata Corporation, a leader in payment innovation, today announced the expansion of its payment solutions into Canada. With its fleet card and corporate card solutions, Comdata offers Canadian-based companies access to programs with universal acceptance and real-time controls, similar to those widely used throughout the United States...
Jaxport Joins Coalition for Responsible Transportation The Jacksonville Port Authority has joined the Coalition for Responsible Transportation to collaborate with cargo owners, trucking companies, ocean carriers and CRT's partner organizations, including Environmental Defense Fund and the Retail Industry Leaders Association, to identify and implement best practices to reduce port-related diesel emissions. "We see great value in CRT's...
US Diesel Prices Fall for Sixth Straight Week U.S. diesel prices fell for the sixth week straight in the week ending Jan. 7, slipping seven-tenths of a cent. The average cost per gallon, $3.911, is up 8.3 cents from the same period a year ago, according to the U.S. Energy Information Administration. The average U.S. diesel prices have been...
YRC Freight Names Hawkins Senior VP of Sales, Marketing YRC Freight, a subsidiary of Kansas-based supply chain management company YRC Worldwide, today named Darren Hawkins senior vice president of sales and marketing, effective Jan. 14. He will report to Jeff Rogers, president of YRC Freight. Hawkins is returning to the company, where he previously had an 18-year career and served in a...
Shippers Invest $2.1 Billion in Plants Near Norfolk Southern Lines Shipping and transportation company Norfolk Southern Corp., owner of Class I railroad Norfolk Southern Railway, participated in the location of 64 new industries and the expansion of 30 existing industries along its rail lines in 2012. New plants and expansions announced in 2012 represented an investment of $2.1 billion by Norfolk...
Loss Reversal to Put 'K' Line in the Black Japanese carrier "K" Line has announced that it will report a profit in the third quarter of fiscal year 2013, ending March 31, after some investment securities were re-evaluated and a loss of 14.4 billion yen (about US$163.3 million) was reversed. The loss was recorded as market prices of the investment...
Emirates Shipping Line to Boost Intra-Asia Rates Emirates Shipping Line has announced general rate increases, effective Jan. 15. From the Far East and Southeast Asia to the Middle East, rates will increase by $300 per 20-foot-equivalent unit, and from the Far East and Southeast Asia to the Indian subcontinent, rates will rise by $150 per TEU. The container line...
South Africa's Port Elizabeth Adds Cranes to Expedite Cargo Port Elizabeth has received two cranes from IMPSA. Port Elizabeth in South Africa has received a delivery of two ship-to-shore cranes manufactured by IMPSA, which will be used to move 20-foot and 40-foot container units. The equipment was manufactured and assembled in Durban, South Africa, seven years ago and commissioned into service...
GT Nexus, TradeCard to Merge GT Nexus and TradeCard, two cloud-based technology companies specializing in supply chain management, today announced that the companies will merge. The merged company will be headquartered in Oakland, Calif. Sean Feeney, TradeCard chief executive, will be CEO of the merged company; Aaron Sasson, GT Nexus CEO, will be chairman of the...
Hong Kong Customs Seizes 779 Ivory Tusks Ivory tusks seized by Hong Kong Customs. Hong Kong Customs recently seized 779 ivory tusks, worth about HK$10.6 million (about US$1.4 million), from a 20-foot container shipped to Hong Kong from Kenya. Customs officers selected the container, declared to contain "architectural stones," for inspection, and used X-ray examination to discover the ivory...
German Container Terminal JadeWeser in Legal Dispute Germany's newest container terminal is involved in legal action over ship dues less than four months after it began operations in the port of Wilhelmshaven amid a downturn in traffic across the Northwest European waterfront. Eurogate, the operator of the JadeWeser terminal, is suing the port authority over the level of...
Capital Products Partners Enters Container Market Greek bulk shipowner Capital Products Partners has made its debut in the container market by swapping two oil tankers for a couple of container vessels. The Nasdaq-listed firm traded two 2010-built very-large crude carriers for 2006- and 2007-built 7,943 20-foot-equivalent unit container vessels owned by Capital Maritime & Trading, a private...
Consultant: Banks to Exert More Control Over Shipping Business development and shipping consulting company Moore Stephens International recently reported that banks will exert more control over the shipping industry in 2013, as vessel values fall further and the cost of regulatory compliance increases. "Like a commuter facing another increase in rail fares, and no extra money coming in, shipping...
EU's Holy Grail of Trade Talks European lawmakers, regulators and diplomats are anxiously waiting to see whether they will figure in President Obama's State of the Union address. Hopes are rising in Brussels that the U.S. administration, re-energized by its temporary "fiscal cliff" deal, will give the go-ahead in late January for substantive negotiations toward a landmark...
World's Largest Ship Calls at Jebel Ali DP World's Jebel Ali Port in the United Arab Emirates today celebrated the maiden visit of the world's largest container ship, CMA CGM Marco Polo, a 16,020 20-foot-equivalent unit mega liner vessel owned by French shipping line CMA CGM Group. DP World officials welcomed the ship, with Mohamed Al Muallem, senior...
Asia-Pacific Airlines Report Growth in Cargo Demand The Association of Asia Pacific Airlines' preliminary traffic figures for November 2012 showed that international air cargo demand, measured in freight metric ton kilometers, was 0.9 percent higher than in November 2011, a slight increase on the weaker trend in 2012. Combined with a 1.9 percent decline in offered freight capacity,...
Kerry Logistics Forms Joint Venture in Vietnam Kerry Logistics, through its affiliates and a local alliance, has secured a majority stake in Tin Thanh Express, further expanding its Vietnam network and creating a new joint venture company, Kerry TTC Express. The joint venture is strategically positioned for continued growth in Vietnam and will combine Kerry Logistics' global logistics...
Emirates Launches Fifth Dubai-Bangkok Service Dubai, United Arab Emirates-based airline Emirates has introduced a fifth daily service between Dubai and Bangkok. The new service will provide Thai exporters and their trade partners with an additional 105 metric tons of weekly capacity in each direction. It will also take Emirates SkyCargo's weekly cargo capacity each way to...
Geodis Wlson scoops Vietnam supply chain gong Leading global freight management company, Geodis Wilson - part of the French SNCF Group - collected its second consecutive 'best Third Party Logistics' ...
Shards of light at the end of the European box tunnel
Self-help for shipping lines MOL currently faces an extremely difficult business environment. Following its biggest loss ever in the previous fiscal year, the Japanese carrier is projecting ...
Banks to exert more muscle as vessel values fall London-based shipping accountants and consultants, Moore Stephens, says it expects banks will take a 'firmer grip' on shipping this year as vessel values continue ...
Bunker cost threat to liners The price of Rotterdam-sourced IFO380 was up another USD5.50 per tonne in this morning's trading to USD605. The cost of bunker fuel has risen by just over USD22 ...
Shippers benefit too from slow-steaming Ocean carriers have made it clear that slow-steaming is here to stay. Indeed, it is no surprise when you consider the fuel savings of running a 10,000 TEU container ...
NAFTA trade up 7.6% Surface trade between the US, and its NAFTA partners, Canada and Mexico, jumped by 7.6% in October 2012 compared to the same month of the previous year.US trade ...
OSG clarifies DIP deal Overseas Shipholding Group has no immediate plans of seeking debtor-in-possession financing from external sources, a spokesman told TradeWinds Monday.
Box buy bodes well But deal raises questions about relationship between CPP and its sponsor, analyst says.
Buttery bets on LPG Epic Shipping of Singapore has firmed up its merger with Pantheon in a transaction endorsed by some of the biggest names in shipping and finance.
BP confirms hand-off BP Shipping of the UK has confirmed reports that it is parting ways with two of its aframax tankers.
Unipec topples Shell Unipec's dominance of the VLCC market has seen it dethrone Shell as the world's top tanker charterer.
Navantia wields the axe Spanish shipbuilder Navantia has approved a management reshuffle to boost its viability.
Nordic to build icebreakers Nordic Yards has bagged a newbuilding order for a pair of ice-breaking rescue salvage vessels.
Murray's army gets going A "private army" backed by Glencore chairman Simon Murray is set to begin anti-piracy operations off Somalia in the next few months.
Cruiseship held in India The Kerala high court in India has arrested a domestic cruiseship due to unpaid bills.
SwissMarine bags cape SwissMarine has returned to the capesize period market to take on a Cosbulk vessel.
Arionas wins better rate Evangelos Marinakis-backed Capital Products Partners (CPP) has extended a charter deal at a better rate with sponsor Capital Maritime & Trading Corp (CMTC).
Miclyn exits Iran Miclyn Express Offshore has completed its exit from Iran after it pulled its final three vessels out of the country.
CPP's box swap Nasdaq-listed Capital Product Partners (CPP) has ventured into the box arena with a sale and purchase swap deal.
Longer, lower for DSX Diana Shipping has locked another of its bulkers into a period deal at below $10,000 daily.
Too drunk for test The captain of a Russian reefer was so drunk he was incapable of providing a breath test off Denmark on Sunday night.
DHT VL brace fixed DHT Holdings has found period work for two VLCCs it has just taken back from Overseas Shipholding Group.
Nam Cheong set fair Nam Cheong is set for another bumper year after selling a record number of vessels in 2012, according to OCBC Investment Research.
MRs make strong start Products tanker earnings have started the year on a bright note.
Aground again A Norwegian cargoship has grounded off Denmark for the third time in two years.
Maersk's rate hope Denmark's Maersk Line will bank extra revenue of $1bn if it can push through rate rises for reefer cargoes this year.
Bergen sells again Norway's Bergen Group has taken the next step in its ongoing restructuring by selling its shipyard in Halsnoy.
Tsakos makes it three Tsakos Shipping & Trading has scrapped its third containership in a little over a month, it is claimed.
Fundamentally speaking Martin Stopford was pulling no punches as he digested a disastrous 2012 for shipowners and cast his die for 2013.
Drug ship scrapped A Bulgarian cargoship involved in a drugs raid off Spain last year is being scrapped.
Fredriksen taking two A massive capesize order may not be the only dry-bulk investment in the pipeline for John Fredriksen.
UPM chops charters Finland's UPM Seaways is redelivering three chartered ro-ros to Godby Shipping as demand falls.
Petronas in AHTS strike Malaysia's Perdana Petroleum has won contracts to provide four anchor handlers for compatriot oil firm Petronas.
Solvtrans ups rate Norway's Solvtrans has renewed a wellboat charter at improved rates in Canada.
STX Pan Ocean sags STX Pan Ocean shares slammed into reverse Monday amid reports the sale of the company will be delayed.
Master in drowning threat Indian crew on a general cargoship docked in Dubai have threatened to "drown" the captain over unpaid wages, colleagues claimed.
21st slated for sale The restructuring programme of Korea's 21st Century Shipbuilding has been extended so that major creditor Korea Development Bank (KDB) can find a buyer.
Oz's bumper load Australian iron ore exports from Port Hedland shot up by nearly 20% to 26 million tonnes in December 2012 over volumes for the previous month.
Kulluk salvage begins Dutch salvager Smit has managed to attach the primary tow line on board the grounded rig Kulluk off Alaska's Sitkalidak Island.
Kulluk salvage begins Towline attached to grounded rig in Alaska.
Defense bill reauthorizes MSP program through 2025 President Obama last week signed the National Defense Authorization Act, which will reauthorize MSP, providing financial support to 60 ships to partially offset higher operating costs under the U.S. registry.
Air Force taps 12 carriers for $694 million contract The contract will commence Feb. 1 and run for one year, with options for four more one-year periods. The competitive acquisition comes with guarantees for each carrier of $2.5 million.
Industrial expansion to increase NS rail volume Norfolk Southern said it could benefit from more than 141,000 carloads of new rail traffic each year from 64 new industries it helped locate on its network and 30 industries it helped expand in 2012.
U.S. surface trade with Mexico, Canada growing
Belgium parcel firm buys Landmark Global
Kerry buys stake in Vietnam trucking, express provider
Senators question coal export royalty collection
Senate confirms Doyle to FMC
Best Overnite, Midwest Motor form alliance
Oracle releases transportation, compliance management updates The update gives users greater ability to access their systems via a mobile device, including shipment tendering and visibility using a configurable mobile Web app, said Derek Gittoes of Oracle.
Asian fuel oil market could see arbitrage arrivals fall European markets could come under pressure from delays in Russian exports.
Prices fall in Fujairah Bunker prices softer across most bunkering hubs.
Week starts soft in Europe Outlook mixed in Rotterdam.
Fuel oil demand uncertain as teapot refiners change tack Import quotas may be granted thereby changing demand patterns.
New address for supplier's Kaliningrad office 'Kaliningrad is the only non-freezing Russian port in the Baltic.'
Stricken oil rig refloated Once the vessel is declared seaworthy, it will be towed to shelter.
Confidence rising despite mounting problems 'Shipping will have to absorb the costs of more expensive fuel,' says Moore Stephens.
Hong Kong supplier wins government contract Two-year deal to supply government fleet.
Vizhinjam sets out ambitious plans Proposals would make port major regional player.
Demand for eco tankers 'a norm', says broker Demand for eco ships could continue to force down tanker second-hand prices, says Gibson.
Bunker prices across Asia end mixed Singapore's benchmark 380 cSt maintained last Friday's average of $627.50 pmt.
K-Line expects profit in Q3 Firm reverses losses due to 'revaluation of investment securities'.
Maersk: Make low sulphur fuel use manadatory in Hong Kong Government incentives for switching to cleaner fuels 'do not cover additional costs,' says Maersk executive.
NYK to further develop slow steaming ops Move forms part of its strategy to increase efficiencies and reduce costs.
WFS takes Greek shipowner to court Seeking claims of over $500,000 for bunkers supplied to the vessel M/V Rainbow.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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