Scorpio exercises gas carrier options Tanker firm taps US hydrocarbon boom
Shippers urge Brussels to probe P3 alliance Global Shippers' Forum submits questions to competition directorate
Seatrade and Pacific Seaways in reefer joint venture Global Reefers will offer services from Chile, Peru and Colombia to global gateways
Coscol to post strong third-quarter results Non-operating gains support Shanghai-listed multipurpose vessel operator
Dockwise wins $30m Costa Concordia contract World's largest semi-submersible ship may lift wreck in one piece
Asia-Europe carriers set for fightback Spot rates slip towards breakeven point
HMM rights issue wins employees' backing South Korean carrier's staff commit to 3m shares
China Navigation returns to Chengxi for four more eco handysize carriers B.Delta37 designed ships will be deployed in a new Swire Shipping unit
Yusen Logistics sets ambitious growth target Logistics strategy to directly affect group profit and loss
STX O&S cancels four STX Pan Ocean ships Cancellation of four woodchip carriers due to failure to meet payment terms, shipyard says
Gloves off as London box ports battle for customers Tilbury and Thamesport feel the squeeze in flat market
Emsa close to handing down decision on Philippines ban EU safety agency winding up second audit of Philippines' ability to meet STCW standards
ITF forms group to lobby for African offshore workers' rights Official urges Nigeria to review its cabotage regulations and waiver system
Seaspan axes common and convertible share offerings Shipowner makes five-day U-turn, saying offering is not in shareholders' best interests
Too much regulation Shipping must respond to the IMO drive to tackle administrative burdens
Petronas inks $850m deal for four LNG carriers Order with additional four options goes to Hyundai Heavy Industries for 2016 delivery
Spanish decision on P&I jurisdiction opens door to third-party actions Recent case shows clubs may be wrong to rely on English law clauses in their rules
Former BIMCO chief calls for return to box shipping conferences Unity would restore much-needed balance, says Skaanild
HHI seals $850M PETRONAS deal HYUNDAI HI said today it had won an order worth $850M to build four LNG carriers for the Malaysian state oil company PETRONAS
BIMCO: reach for caution, not 'the sky' ECONOMIC recovery appears to be gathering momentum, but shipping should assess this good news in context with its lingering troubles, BIMCO warned today
Seaspan pulls the plug on planned offerings SEASPAN has said it will not proceed with its previously announced concurrent offerings of shares and convertible notes
STX O&S cancels four ships STX O&S said it has cancelled the order for four ships from sister firm STX Pan Ocean in line with the latter's payment defaults
China Navigation orders four bulkers SINGAPORE-headquartered China Navigation confirmed to Fairplay today that it was ordering four more Handysize bulkers
Bolloré told to pay up in port fight A FRENCH arbitration court has ordered logistics and transport group Bolloré to pay €2.1M ($2.7M) to rival NCT Necotrans, IHS Global Insight reported today
Shippers seek P3 briefing THE GLOBAL Shippers' Forum said today it needed more information before forming an opinion about the impact the proposed P3 alliance would have on box competition
Bulker arrested in China AN INDIAN bulker has been arrested in China in a dispute over charges
Changhang Phoenix-tied ships to be sold SHENZHEN-listed Changhang Phoenix said today that nine river bulkers owned by a subsidiary would be auctioned to repay loans
Suspected pirates warded off A SHIP'S armed guards today fought off a suspected pirate attack in the Indian Ocean, the US Navy said
Ocean Yield seeks shift on dividends OCEAN Yield's board is seeking approval for a plan to introduce quarterly dividends, shifting from twice-yearly payouts
Port Hedland/China iron ore cargoes rise 52% IRON ORE exports to China from Australia's Port Hedland aggregated 23M tonnes in September, up by 52% year on year, the port authority said
Three held in Melbourne drug smuggling TWO DOCKERS were among three people arrested this week on suspicion of smuggling drugs into Melbourne's port, Australian Federal Police said today
Chinese new orders rise by 147% CHINESE shipyards' new orders grew 147% year on year to 38.1M dwt in the first three-quarters of 2013, the industry & information technology ministry said today
Shippers Voice Concerns about P3 Network The Global Shippers' Forum, a coalition of global shipper groups, raised concerns over the proposed P3 Network alliance between Maersk Line, CMA CGM and Mediterranean Shipping Co. that is supposed to get underway in April of next year. "The question on every shipper's mind is 'what will be the impact on...
Ocean Carrier Rate Revision Roundup for Oct. 11 Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in October and November. Asia-Europe Three carriers have planned rate increases for Nov. 1: Evergreen Line hopes to increase rates on all shipments between the Far East, including Japan, and the Indian subcontinent,...
ATA's Safety Management Council Announces 2013 Award Recipients ARLINGTON, Va. - American Trucking Associations' Safety Management Council announced its 2013 award winners at its Safety & Human Resources National Conference & Exhibition in Sparks, Nev. last week. The ATA President's Trophy recognizes the three companies whose fleets have been judged to have the best overall safety programs from the Truck & Industrial...
ConAgra Mills Honors Union Pacific Railroad with Appreciation Award Omaha, Neb., October 10, 2013 - Union Pacific Railroad received an appreciation award for its responsiveness and outstanding partnership with ConAgra Mills. "Earning this award from ConAgra Mills shows Union Pacific's commitment to building and maintaining strong relationships with customers, as well as to providing value and quality service," said Paul...
CSS revamps courses for logistics and administration ratings NEWPORT, R.I. - Training specialists from the Center for Service Support (CSS) and Naval Technical Training Center (NTTC) Meridian implemented the improved and modernized Yeoman (YN), Personnel Specialist (PS), Ship's Serviceman (SH) and Logistics Specialist (LS) courses Oct. 10.The updated course blends computer-based training with traditional classroom instruction to bring...
President, CEO of American Railcar Industries Resigns American Railcar Industries today announced that James Cowan, president and CEO of the hopper and tank railcar manufacturer, has resigned to "pursue other interests." ARI's board of directors has appointed Jeffrey s. Hollister as president and interim CEO of the company. Hollister has more than 23 years of experience in operations...
Construction of Florida East Coast Railway's New ICTF Moving Forward FEC's new rail facility at Port Everglades is set for completion in mid-2014.[/caption] Florida East Coast Railway's $53 million, 42.5-acre intermodal container transfer facility at Port Everglades is making progress and is expected to open in mid-2014. The near-dock facility, located on the Florida port's property, will be used to transfer...
FTR Says Positive Trucking Environment Will Peak This Fall FTR Associates' Trucking Conditions Index for August, published in the October 2013 Trucking Update, rose to a reading of 9.52, a full point improvement from the July reading. The gain, which indicates a continuing positive environment for truckers, moves the index to an expected peak this fall before conditions deteriorate, as...
Pacer Sees Surge in Transloading Cartons being scanned.Michael Stark sounds pleasantly surprised at 2013's second-half surge in transloading volume for import containers in Southern California. "We're hearing from some of our people that volume could be up as much as 20 percent over last year, and most of that growth is in the second half," said...
Galborg USA Enhances Florida-Africa Reefer Container Service The Lombardia was the first vessel to arrive at Jaxport as part of Galborg USA's new upgraded Florida-to-Africa reefer service.Galborg USA has upgraded its refrigerated container cargo service from Jacksonville, Fla., to ports in Namibia, South Africa and Mozambique, according to Jacksonville Port Authority. The carrier recently upgraded its vessel fleet...
Rising Costs Push Down LA-LB Market Share Intermodal rail at the Port of Los AngelesLos Angeles-Long Beach continues to dominate the U.S. import trade from Asia, but Southern California's market share of containerized imports has declined on average 0.8 percent per year since 2003, according to an industry consultant. "Overall, the Los Angeles-Long Beach market share of Pacific...
Port of Felixstowe Welcomes Cosco's 13,400-TEU Ship The Cosco England is Cosco's largest ship with a capacity of 13,400 20-foot-equivalent units.The 13,400-TEU Cosco England has made its maiden call at the United Kingdom's Port of Felixstowe. Registered in Hong Kong, the mega-ship is deployed on Cosco's NE1 Asia-to-Europe service. With a length of 366 meters (about 1,201 feet)...
Seaspan Cancels Secondary Stock Offering Seaspan canceled plans it had announced on Oct. 7 to sell additional common stock and convertible notes. The Hong Kong-based container ship lessor said the sale "would not be in the best interests of our shareholders." NYSE-listed Seaspan had planned to use the proceeds of the secondary offering for general corporate purposes,...
9,300-TEU Ship Is Largest at NY-NJ NYK Arcadia at berth at Global TerminalGlobal Terminal in Bayonne, N.J., this week handled a ship with capacity of 9,300 twenty-foot-equivalent units, reportedly the largest container ship to call at the Port of New York and New Jersey. The NYK Arcadia called Global as part of the G6 Alliance's CEC service....
DB Schenker to Open Logistics Hub in the Netherlands DB Schenker's new Tilburg logistics center will serve the health care sector beginning in November.In November, DB Schenker will open a new logistics center in Tilburg, the Netherlands, at the Katsbogten industrial estate, to serve the needs of customers in the health care sector. The 11,500 square meter (about 123,785 square...
Maher Says System Fixed, Hours Extended Maher Terminals will be open on the Columbus Day holiday and has frozen demurrage charges and extended free storage time for Thursday, when renewed computer problems stalled truck traffic. The terminal said late Thursday it had resolved "system related hardware issues" that interfered with truck processing through much of the day. Maher...
SC Ports awards $30,000 to nonprofits, schools Charleston, S.C. - The South Carolina Ports Authority has awarded $30,000 in undesignated funds to nonprofits and the Charleston County School District as part of its Community Giving program. The Community Giving program rewards nonprofits that impact maritime commerce, economic development, environmental awareness or community outreach, and this year's winners are engaged...
Leading Global Conglomerate to Deploy Amber Road's GTM Solution Acros all Worldwide Business Units EAST RUTHERFORD, NJ, October 10, 2013 - Amber Road, a leading provider of global trade management (GTM) solutions, announced today that GE (NYSE: GE) will use its Global Trade Management solution to centralize and automate trade functions worldwide across all of its business units. With annual revenues of $147 billion, operations in...
FFN Joins CargoWise in Productive Global Partnership Frontline Freight Network (FFN), a fast-growing family of independent NVOCCs, freight forwarders and logistic service providers, has joined in a global partnership with CargoWise to increase productivity and communication among its members. By joining CargoWise's WiseIndustry Partner program and implementing its cloud-based enterprise-class logistics software, ediEnterprise, FFN and its network members will benefit...
Feds sour over molasses Matson has received a subpoena from a federal grand jury over a molasses spill from Hawaii's only facility that exports the commodity in bulk.
Two tales, one hijacking As the Hollywood version of the Maersk Alabama hits theatres today, a courtroom battle over the ship's 2009 hijacking is set to begin in Mobile in less than two months.
Khanna's kitchen Despite rumours to the contrary, Pankaj Khanna does not plan on taking his new dry-bulk company public in the near term, he told TradeWinds this week.
Italian rescue mission Bankrupt Deiulemar Shipping may have found a saviour after Neapolitan owner Domenico Ievoli launched a bid for the company.
Hellenic cools purchase talk Greek owner Hellenic Carriers is distancing itself from the purchase of a second-hand panamax bulker.
Coscol still in red A profit in the third quarter was not enough to lift Cosco Shipping Co (Coscol) out of the red in the first nine months of 2012.
SCI axes more oldies Shipping Corporation of India (SCI) has sold two more elderly vessels as its fleet clear-out continues.
Bugbee's babes Scorpio Tankers has stretched its already market leading VLGC orderbook with the addition of a pair of vessels in South Korea.
Debt deal hits FRO stock Frontline has moved to clear $25m from its problematic bond debt with an equity swap in a move which has sent its share price spinning.
Havila seals double Havila Shipping has penned fresh charters for a pair of offshore support vessels.
Logindo eyes IPO Indonesia's Logindo Samudramakmur (Logindo) will spend $150m on new offshore ships as it plots an IPO.
Baltija backed Lithuania's court of appeal has backed the lifting of the freeze on Western Baltija Shipbuilding's (WBS) assets.
Flex success for Fredriksen John Fredriksen's investment in Flex LNG has the shipping magnate sitting pretty whatever the outcome of the company's strategic review which was announced today, it is claimed.
Dry ships wanted We take a look at what was said in the market over the past week.
CHO goes to court CH Offshore has kickstarted legal proceedings against subsidiaries of Venezuelan national oil company PDVSA to claw back unpaid charter fees on a pair of anchor handling tug supply vessels.
Ernst Munk back in game Danish ferry operator Ernst Munk is trying to get back into shipping with bids for new ro-ro routes.
NS in cape sale NS United of Japan has cashed in a capesize bulker in a deal which offers further evidence of climbing prices in the sector.
MOL venture bags finance A joint venture including Mitsui OSK Lines (MOL) has secured financing for a pair of LNG carriers.
Anyone fancy a generator? Washington State Ferries (WSF) has put nine new generators up for auction after messing up an equipment order.
Cargoship licence pulled A Philippines cargoship has had its safety certificate revoked after a grounding incident near Cebu.
Economou in cape crusade Greek owner George Economou was the name on everybody's lips in newbuilding circles this week.
NS United ups forecast Soaring bulker rates will help push NS United to a much bigger than expected first half profit.
Zodiac fills STX gap TradeWinds digests the digits making the headlines this week.
Vinashin's bond boost Vietnam is offering $626m of government-backed bonds to help state shipbuilder Vinashin's recovery.
Haisheng more hopeful China Shipping Haisheng expects to return to profit in the first nine months after asset disposals.
STX PO failed to pay Korea's STX Offshore & Shipbuilding (STX O&S) has revealed it cancelled four cargoships ordered by sister company STX Pan Ocean due to unpaid instalments.
Chilled in Chile Reefer giant Seatrade is teaming up with Chile's Pacific Seaways for South American business.
CNCo back at Chengxi China Navigation Co (CNCo) has returned to China's Chengxi Shipyard to order four more handysize bulkers.
Indo incidents surge Indonesia has seen a surge in robbery attempts in the first week of October with reports of at least one incident per day.
Hyundai seals LNG order Hyundai Heavy Industries has confirmed an order for up to eight LNG carriers from Malaysian state-owned oil major Petronas.
Seaspan pulls offerings Seaspan Corp has withdrawn its plans to tap the US capital markets to fund its latest expansion plans. w
Strike vote looms for ABF employees The International Brotherhood of Teamsters Tuesday sent out strike ballots to employees of the Central Region Local Cartage supplement of less-than-truckload carrier ABF. Votes are expected to be counted on Oct. 29.
WLS: Asia-Europe 3Q slot increase matches cutback in Pacific
APM Terminals signs Moin, Costa Rica contract
Shippers seek additional information about P3 "Shippers are rightly worried about the potential of the P3 to eliminate effective competition in the world's main liner trades," said Chris Welsh, head of the Global Shippers' Forum. "We therefore need an in-depth assessment of the P3."
UPS adds new Mexican LCL service
DAT: Truck spot rates down 5.3% in September
FedEx building Memphis cold-chain facility The express carrier broke ground on an 88,000-square-foot temperature-controlled facility at its world hub. The building is expected to open by the fall of 2014 and will also serve as a heavy-weight pick-up and delivery operation.
GE to integrate global compliance with Amber Road "Its diverse range of products, the number of countries sourced from and exported to, as well as its significant international shipping volumes, all make GE's global trade requirements some of the most complex," Amber Road said.
Swissport enters Scandinavian market
CEVA signs deal with Michelin in Spain
CSX eyes next National Gateway milestone in late 2015
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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