Alitalia extends new Fortaleza operation The Italian flag carrier Alitalia is launching a twice weekly Rome - Fortaleza (Brazil) service today (14 January) with B777-200ER equipment. Initially planned to end with the summ...
Boeing rolls out first B777 at increased production rate Boeing has rolled out the first B777 to be built at the increased production rate of 8.3 per month, or 100 airplanes per year. The airplane is a B777 freighter that will be deliver...
Two awards from China for Haropa ro-ro terminal For the first time, the China Automotive Logistics Association (Cala), the representative of all the Chinese logistics companies in that sector, has given two awards to the port of...
Mouse click for replacement trailer parts The Dutch company Broshuis BV, one of the biggest manufacturers of trailers for special, heavylift and container transport services, has just launched an electronic platform called...
P&O Ferrymasters extends Kleijn Transport link P&O Ferrymasters, one of Europe's leading logistics providers, has signed a trailer trucking agreement with the Dutch subcontractor Kleijn Transport to extend a relationship of...
Licences for new rail links in France The private rail service provider TX Logistik (TXL) has prolonged its licences for six important routes in France. The company is focussing on connections to the French industrial ...
New record for Eurotunnel During the peak traffic period between 14 December 2012 and 6 January 2013, Eurotunnel's Le Shuttle broke its previous volume record. Almost 200,000 passenger vehicles (including c...
Old and new manager of the port of Turku Christian Ramberg was appointed managing director of the Port of Turku Ltd (Finland), as of 1 January 2013. Prior to that Ramberg had been managing director of the public port of T...
Change of managing director at Globe Air Cargo Globe Air Cargo GmbH, an international GSA based in Germany, named Dirk Grüter as its new managing director, as from 1 January. Gr'ter transferred to his new post from UPS-SCS GmbH...
Qatar's "Dreamliner" landing in Zurich A Boeing B787 is landing at Zurich airport for the first time ever today (14 January). Qatar Airways now deploys this aircraft on the Zurich-Doha route. Switzerland's largest airpo...
New logistics centre near Dusseldorf for Group7 In August this year property developer Immogate AG will start to build a new logistics centre in Neuss Sued, near Dusseldorf (Germany) for Group7, a German service provider based i...
International Freight Transport Inc is new meber of XL Projects Fanwood NJ (USA)-based International Freight Transport Inc (IFT) has become the latest member of XL Projects (XLP) in the USA. IFT, which was established in 1986, has a wide range ...
GeoPost to pick up 40% stake in DTDC The French express logistics giant GeoPost Group is to acquire a strategic 40% stake in DTDC Courier & Cargo, India's second-largest express distribution company by revenue. Th...
DryShips sells Samsung suezmax tanker duo George Economou-led owner pays buyer $21m to lop $101m off newbuilding programme
Port firm's rising stars APM Terminals' Middle East and Africa chief outlines regional opportunities and risks
New class society established in Middle East to target local business Does Tasneef launch signal that shipping needs another class society?
MOL inches forwards in ballast-water treatment race Japanese shipping giant installs treatment system on second vessel ahead of looming deadline
Tsakos underlines continuing interest in container sector But Greek group says 'no deal' in response to reports it has acquired Schulte pair
Kinder invests in US Gulf tanker dock Domestic oil boom allows the country to export more diesel
US east and Gulf coast dockers and employers resume contract talks Breakdown in New York-New Jersey provides ominous backdrop
Chinese breakers pitch for tonnage Brokers report continued positive sentiment from all major demolition markets
Fall in Indonesia LNG exports raises tonne-mile demand Japan and South Korea seek cargoes from further afield
Bakri buys secondhand aframax Privately owned Saudi player targets short- and medium-haul trades
Maersk Tankers beefs up its management to tackle losses Maritime consultant hired to head global operations
Suezmax sale signals fresh low for tanker asset values Further falls are expected this year as overcapacity persists
UAE unveils class society Launch of Tasneef comes weeks after DNV and GL merger signals Middle East demand growth
CSSC Holdings predicts 2012 profit wipe-out Flagship unit of state conglomerate braced for flood of red ink after slump in demand
Mirow takes the top job at HSH Nordbank Kopper steps down early as chairman of world's largest shipping bank
Stand and deliver Tasneef has lofty ambitions, but it must prove itself in a tough and competitive segment
US retail goods imports forecast to hit 1.3m teu in January Shippers call for east and Gulf coast ports to be spared strike action
Charterparty not frustrated by repair costing over ship's value, court finds Game-changer for owners' risks in cases of severe damage to time-chartered vessels
CMB and Sovcomflot secure shipping bank loans Funds are still available to blue-chip firms despite lending drought
World's largest gas-powered ferry starts service Viking Grace will test bunker efficiency, refuelling during brief stop in Sweden
CSCL and Sinotrans launch joint China-Japan service Second shorthaul tie-up for China Shipping Container Lines follows alliance with Coscon
Investor to appeal against Rongsheng win in legal battle over losses Aegon Industrial Fund setback undermines China's rule of law, says lawyer
Jakarta judgment Supreme Court annuls moves by Indonesian ministry to block raw material exports
K Line to sell three post-panamax bulkers in leaseback deal Deal with Wisdom Marine improves Japanese giant's cashflow
Ezra reports 41% fall in profit Singapore-listed offshore services provider sees profit dip despite rapid expansion
Crew saved in Channel BRITISH lifeboats have rescued eight crewmen from a tug sinking in the Channel
Haren owners form shipping asset trust TWO MAJOR shipowners and a broker have formed a new ship asset trust
New project/breakbulk project service begun A NEW project shipping service focusing on the Europe/South America trade has started operating in the Netherlands
Russian civilian orderbook falls by 16% RUSSIAN shipyards said revenues were boosted last year by a threefold year on year jump in military builds, as orders for civilian ships fell 16%
Siem plans bonds SIEM OFFSHORE, the listed Norwegian offshore services shipowner, said it plans to offer six-year bonds on the krone market
US boxes take detour CONTAINER importers are rerouting US-bound boxes as the threat of an East Coast docker strike continued this week
Guohang Ocean lent $480M CHINA'S major costal shipper Guohang Ocean Shipping has signed an agreement with China Development Bank on financial co-operation, winning 3Bn yuan ($480M) in financing
RINA to partner new UAE class society NEWLY founded United Arab Emirates classification society Tasneef and Italy's RINA said today they have formed a partnership
Narelle claims second victim A SECOND ship has been sunk off Indonesia as Cyclone Narelle pounded the region
Arctic issues bullish bulletin on Frontline 2012 FRONTLINE 2012 is likely to gain from an eventual upturn in shipping markets, said Erik Nikolai Stavseth, shipping analyst at Arctic in Oslo
CSSC bosses accept 30% cuts in wages SENIOR executives with CSSC have taken a 30% cut in salaries as part of the group's efforts to meet Beijing's performance targets
Tianjin foreign trade rises 116% CHINA'S Tianjin Dongjiang bonded port has reported $5Bn in throughput for 2012, a rise of 116% from the previous year
Concern deepens on STX Finland's fate CONCERN is mounting over the fate of two cruise liner orders from a German company with STX Finland
Ezra profits cut in half SINGAPORE-listed offshore player Ezra Holdings said today profits for its first quarter ended 30 November 2012 dropped 49% to $6.8M
Box cargoes fell in November GLOBAL box cargoes fell further in November 2012, thwarting hope of cargo growth for the year
Hapag-Lloyd Announces New Baltic Feeder Service Hapag-Lloyd has launched the Poland Express Service, a new weekly fixed-day route to and from Gdynia, Poland, to Hamburg and Bremerhaven in Germany. The ocean carrier has also postponed its rate hike on trade from Canada and the U.S. to East Asia, the Indian subcontinent and the Middle East to Feb....
CMA CGM Announces Rate Hikes French ocean carrier CMA CGM today announced several rate hikes that will take effect in February and March. From the Arabian Gulf to North Europe, the Mediterranean, the Adriatic Sea and the Red Sea, the rate increase will be $200 per 20-foot container, effective Feb. 1. From North Europe and the Baltic...
Trade Slump Hits Indian Ports Container throughput at major ports in India dipped 1.5 percent in the first three quarters of fiscal 2012-13 from a year earlier as a slump in trade hurt traffic growth. The country's 12 major ports handled 5.76 million 20-foot-equivalent units in the nine months through December compared with 5.85 million TEUs...
Slump in China-India 2012 Trade Anticipated Final year figures are expected to show that trade between China and India suffered a major slump in 2012 despite a softening in political relations between the two countries that have previously clashed over borders. Bilateral trade between the world's two emerging economic giants is on target to fall by up...
Apex Maritime India Opens Office in Delhi NEW DELHI - Apex Maritime India Pvt. Ltd. is pleased to announce the opening of their office in New Delhi, India. Located in the capital city, the new office will help manage the growing demand to and from the India Subcontinent region. Office details below: Apex Maritime India Pvt. Ltd. ...
Hactl Stages Seventh International Forklift and Pallet Building Competition HONG KONG - Hong Kong Air Cargo Terminals Limited (Hactl) - the major air cargo handler at the world's largest cargo hub - has once again staged its annual International Forklift and Pallet Building Competition on 13 January 2013. This year's overall champion was Air Canada Cargo. The event - now...
US Diesel Prices Hit 20-Week Low U.S. diesel prices hit their lowest point in 20 weeks, falling 1.7 cents in the week ending Jan. 14. The average price, $3.894, is up four cents from the same period a year ago, according to the Energy Information Administration. Average diesel prices have fallen for the last seven weeks. Prices fell...
Port Newark Container Terminal Details Expansion Plan The Port Newark Container Terminal said it is investing $500 million to expand its capacity to handle the increase in vessel traffic it anticipates after the Panama Canal opens its new locks in 2105. The infrastructure investment includes the 80-acre expansion of its container yard, which is already underway. The terminal...
US Pork, Beef Exports Dipped in November The U.S. Meat Export Federation reported that U.S. beef and pork exports dipped slightly in November 2012. Pork exports in November declined 7.7 percent in volume and 5.4 percent in value compared with November 2011. However, November 2011 was the second best month in U.S. history, behind October 2012, for U.S....
Purolator International to Open Three Branches Purolator International today announced plans to add three new branches during the first quarter of 2013, bringing the logistics provider's total number of branches to 33. Offices are scheduled to open soon in Columbus, Ohio; Newark, N.J.; and Phoenix, Ariz. "Purolator International is focused on opening new locations across the U.S. in...
Roadrunner Transportation Systems to Expand Philadelphia Terminal Trucking and logistics company Roadrunner Transportation Systems today announced it will expand its less-than-truckload outbound service center in Philadelphia, which opened in June 2012. The center provides outbound service from southeastern Pennsylvania and southern New Jersey. The expansion will further increase Roadrunner's footprint in the Northeast. The company opened three other terminals...
USPS to Accelerate Cost-Cutting Reforms The United States Postal Service board of governors has directed USPS management to accelerate its restructuring of operations to further reduce costs in the face of financial challenges and the lack of comprehensive postal legislation from Congress. Specifically, the board approved restructuring initiatives and instructed USPS to revise its 2012 five-year...
Canadian Pacific Opens Saskatchewan Intermodal Facility Canadian Pacific today opened its new Regina Intermodal Facility, which replaces the now-closed Regina Intermodal Yard. The Canadian rail carrier is an anchor tenant of Saskatchewan's Global Transportation Hub in Regina. The gate hours of operation will be Monday to Friday from 5:30 a.m. to 8:30 p.m., and Saturday and Sunday from...
With UPS Deal Dead, What's Next for TNT? UPS's withdrawal of its $6.9 billion offer to buy TNT Express likely will lead to a "fire sale" of the Dutch shipping company's Asian and Latin American ground networks, health care supply-chain operations, and European road and parcel assets, a senior analyst for research firm Transport Intelligence said on Monday. "TNT is...
Little Change in Spot US Intermodal Rates U.S. domestic intermodal rates continued this week to show little movement, as the market after declining in the late fall seeks clarity on the strength of volumes headed further into the New Year. "Rates dropped and now are in a holding pattern until the market has a better idea as to...
Oral Arguments in ATA Clean-Trucks Challenge Likely in April The U.S. Supreme Court will move quickly to hear the American Trucking Associations' appeal of an appellate court's decision upholding certain provisions in the Port of Los Angeles clean-truck case, with oral arguments likely to take place in April and a decision to be reached by June. Curtis Whalen, executive director...
Livingston International Acquires MBLX North American customs broker Livingston International has acquired New Orleans-based MBLX and MBLX Resources, according to Peter Luit, Livingston's president and CEO. MBLX, a barge freight handling and forwarding business, is affiliated with M.G. Maher and Co., which was acquired by Livingston International in April 2012. MBLX will become a division of...
Global Sourcing: Elusive Profits, Expensive Mistakes The Pitfalls of Overseas Sourcing: Recognizing and Managing the Real-time CostThis white paper exposes hidden pitfalls that organizations encounter when they move sourcing and supply operations overseas. It will also present a discussion of "next generation" global cost control methodologies and systems....
St. Lawrence Seaway Tonnage Rose 4 Percent in 2012 The St. Lawrence Seaway Management Corporation today reported that tonnage during the 2012 navigation season was 38.9 million metric tons, rising 4 percent from 2011's 37.5 million metric tons. Traffic exceeded the company's original forecast by 300,000 metric tons primarily because of a late season surge in grain traffic. Canadian grain...
Giumarra International Berry Picks Port of Savannah Giumarra International Berry has begun moving blueberries from Chile through the Port of Savannah, Ga., to better serve Atlanta and other Southeastern markets. The first shipment of South American blueberries arrived on Jan. 8. Shipments of conventional and organic blueberries will arrive in Savannah through late March or early April. Giumarra, which...
Chinese exports smash forecasts Exports from China rocketed by 14.1% year-on-year in November beating analyst predications by a massive 10%. It added to the positive sentiment following the recent ...
CSCL and Sinotrans launch joint China-Japan service
MSC to kick-start Tampa boxes The Floridian port of Tampa - hitherto better known for its processing of bulk, bulk liquid and scrap commodities - has been casting an envious eye across the state ...
G6 co-op extends to USEC The Grand Alliance partners, Hapag-Lloyd, NYK and OOCL are to extend their G6 Alliance co-operation with the New World Alliance members, APL, HMM and MOL by combining ...
Shippers face carrier crackdown over cargo safety breaches Shippers risk having their cargo rejected by global container lines as carriers take a far more robust approach to customers that flout safety standards.One prominent ...
Excel slides Shares of Excel Maritime Carriers lost momentum Monday amid concerns surrounding ongoing efforts to overhaul debt.
Suezmax sendoff sets stage A deal that saw DryShips pay $21m to part with a pair of newbuilding contracts has been met by mixed reactions on Wall Street.
DNB adapts to 'new reality' A leading Nordic lender is overhauling its organisational structure in response to the dramatic evolution of the global banking industry.
Scrap scrape snowballs One of the most recognizable names in the demolition game has been dragged into court on the back of an arbitration battle with Frontenac International of Switzerland.
Queen trial begins The criminal trial of a former BC Ferries crewman gets underway in Canada this week, nearly seven years after the Queen of the North sank with the death of two passengers.
DryShips pays to sell DryShips has sliced more than $100m from its capital expenditure requirements after paying to have two suezmax newbuildings taken off its hands.
ORIG seals drill deal George Economou's Ocean Rig has firmed up a six-month contract for one of its semisubmersible drilling rigs.
SCI sheds handysize Shipping Corporation of India has offloaded its oldest bulk carrier.
Gefo takes three Gefo Gesellschaft has turned to Turkey for a trio of small tankers, it is claimed.
Bakri linked to aframax Bakri Navigation of Saudi Arabia has reportedly snapped up another tanker from Japanese sellers.
P+S ready for ro-ros Insolvent German shipbuilder P+S Werften has resurrected its cancelled DFDS ro-ro order, the yard's administrator said on Monday.
Powell joins Maersk Tankers Maersk Tankers has hired former BP and Glencore man Michael Powell as global head of operations.
Siem plots bond raid Siem Offshore is laying the ground work for a raid on the Norwegian bond market.
German Dry Docks born Germany's MWB Motorenwerke Bremerhaven and Rickmers Lloyd Dockbetrieb are joining forces on shiprepair operations.
Oldendorff still top Oldendorff Carriers retained its title as the largest charterer of bulkers last year, Clarksons data shows.
Marivia hit with $1m fine Nigeria's government has slapped a $1m fine on a German boxship accused of bringing in two containers of toxic waste.
Ezra bags $160m deals Ezra Holdings has revealed a slew of new contracts as it reported a big drop in its first quarter earnings.
Rina partners Tasneef Italy's Rina will support the development of a new classification society set up in the UAE.
'Follow the money' Shipbuilders are losing up to 10% on orders taken in from John Fredriksen's new baby Frontline 2012, Arctic Securities says.
Filipino crew poisoned Three seafarers have been airlifted from a cargoship in Denmark after suffering severe gas poisoning.
Orna crew go free Somali pirates have freed the last three Syrian men kept as hostages after the hijacking of the UAE bulker Orna.
Tribute for Concordia dead Survivors of the Costa Concordia disaster returned to the scene of the accident to mark the one-year anniversary this weekend.
Korean orders slashed South Korea's shipyards bagged 45.7% fewer ship orders in 2012, but remained on top of the pile in terms of market share.
CSSC warns on profit China CSSC Holdings has warned that its full year net profit is likely to plunge by up to 100% year-on-year due to the market downturn.
BW buys at Samsung Helmut Sohmen has finally entered the FSRU sector after placing an order at Samsung Heavy Industries.
CSSC warns on profit China CSSC Holdings has warned that its full year net profit is likely to plunge by up to 100% year-on-year due to the market downturn.
Excel sale less Attractive Excel Maritime Carriers has admitted to the sale of one of its oldest ships at the same time as confirming some slack on troublesome loans.
ABG plots new yard India's ABG Shipyard is planning a new plant in Gujarat at a cost of INR 5bn ($92m).
Crew saved from tug Eight crew members have been rescued from a tug off the UK coast after it was holed by the ship it was towing.
Crew die as tanker sinks Three seafarers have been killed and others are stranded on lifeboats after a tanker sank off Indonesia.
K Line sells trio K Line has agreed a sale-and-lease back deal with Taiwan's Wisdom Marine for three 82,000-dwt kamsarmax bulkers.
Aussie ports re-open Rio Tinto has resume loading iron ore at its ports in Western Australia following the passage of Tropical Cyclone Narelle.
Transocean in play? Billionaire investor Carl Icahn has emerged as a major shareholder in Transocean, the world's largest drilling rig contractor.
Cargill boosts profits Cargill continues to see an improvement in its business performance with a four-fold increase in second quarter profits.
ILA strike may lead to a cargo spike Retailers are expected to ship heavier cargo quantities through the nation's ports in January to beat a strike by longshoremen at East and Gulf coast ports on Feb. 6, if a contract isn't reached.
FAA looking into Boeing 787s The review, which is a joint undertaking between the Federal Aviation Administration and Boeing, will also examine how the electrical and mechanical systems interact.
U.S., Peru tighten stance against illegal timber trade
European Commission blocks UPS-TNT merger A case team from the European Commission has informed officials from UPS and TNT Express that it's rejecting a proposed $6.3 billion merger between the two integrators.
VPA reports second highest box volume in history The Virginia Port Authority said its terminals handled 2.1 million TEUs of containerized cargo in 2012, 9.8 percent more than in 2011. The TEU count was just 22,479 units shy of Hampton Road's biggest volume year in 2007.
NY/NJ auto terminal gets capital injection, new lease FAPS, Inc., the leading terminal for import and export of automobiles in the Port of New York and New Jersey, said on Friday it had completed a recapitalization with investment firm Seacoast Capital.
Prices off track in Fujairah While markets softened in South Africa.
Prices in Europe open on soft note Sharp falls seen in Piraeus.
Storage terminal will almost double in size by mid-2014 Malaysia's Tanjung Bin terminal stores crude oil, light and middle distillates and fuel oil.
December bunker sales at 'five-month high' 'I think the drop in prices might have helped,' says Singapore player.
Shipping lines switching to low sulphur fuel 'quietly' Backing emission reductions schemes in Hong Kong could leave shipping companies facing 'tremendous pressure' to use low sulphur product elsewhere.
Company waiting for new ECA rules before expanding fleet 'Right now we are not quite on an even footing,' says Baltic fast ferry operator.
Bunker prices in Asia continue downward trend Singapore benchmark 380 cSt bunker fuel down $3 to close at $633 pmt.
Chemoil restructures Singapore team Most of the fuels team let go this Monday in 'second phase' of process.
Chemoil sees less than 1% of sulphur 'off-specs' Efforts to control supply chain to make sure LSFO is below 1.00% sulphur has paid off, but remains a challenge.
Oil, diesel spilled along US West Coast Spills reported from two sinking vessels.
Ships overtake power plants in sulphur emissions HK politician says pollution problem won't be adequately addressed by the Fair Wind Charter.
Kochi refinery project gains environmental clearance BPCL intends to increase refinery capacity to upgrade low-value refinery residue streams.
VLCC earnings slump for eleventh session Bunker prices in Singapore climbed to their highest level since October.
PetroChina unit to start internal bunker business The Shandong-based unit will start the business in Dongying city.
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