Turkey issuing fewer Carnet TIRs The number of Carnet TIRs that were issued in Turkey in December 2012 plunged by 19.64% compared to the same month in 2011. The number of transit permits dropped by 3.35%. The over...
Zurich airport with slight cargo increase in 2012 Zurich airport handled 35'849 t of freight in December 2012. This is 0.1% less than in the same month in 2011. The Swiss airport's freight volume for the whole of 2012 amounted to ...
Kazakhstan upgrades section of road from Europe to China The European Bank for Reconstruction and Development (EBRD) is providing USD 196.5 million to Kazakhstan for the reconstruction and upgrading of a 62 km section of the road connect...
More countries ground "Dreamliner" After the two Japanese operators ANA and JAL decided to ground their B787s for inspections, (see yesterday's ITJ Daily), the aviation authorities in the USA, India and Chile have n...
EBRD pledges more resources to support Ukrainian Railways The European Bank for Reconstruction and Development (EBRD) is loaning up to USD 62.5 million to the State Administration for Railway Transport of Ukraine (UZ) to finance the purch...
Swiss AAE and Dutch ERS Railways to operate quieter freight trains The Swiss AAE Group is the first European freight railcar leasing company to retrofit existing freight cars with new brake blocks to make freight trains quieter. The LL brake block...
Moduslink to welcome new president and CEO by end of January Moduslink Global Solutions has announced that John J. Boucher will become its president and CEO on 28 January 2013. He joins the US-based company from Symbotic LLC, a global provid...
Less traffic in Frankfurt, but optimism is returning Fraport AG, the operator of the Frankfurt airport (Germany), handled about 2.1 million t of air cargo in 2012, 6.7% less than in 2011. In December 2012, Frankfurt airport registere...
APL launches Germany-Poland feeder service APL, a unit of Singapore-based Neptune Orient Lines (NOL), is introducing a new dedicated and direct feeder service under the name of PEX, which will run once per week between Germ...
Dachser takes over Transunion in Spain Dachser, an international logistics service provider based in Germany, is set to expand it air and sea logistics business field that is comprised of 15 locations in five countries....
Agility named preferred logistics provider at ExCeL The logistics service provider Agility has been named "preferred logistics provider" at the ExCeL London International Exhibition and Convention Center. As part of the contract, Ag...
Merger of Waberer's Logistics and Szemerey Transport approved Hungary's competition authority has approved the Waberer's Logistics Ltd and Szemerey Transport Inc merger through the exchange of shares and stocks that took place at the end of 2...
Peter Schiffmann joins Alfons Köster & Co. GmbH Peter Schiffmann joined the Hamburg-based German company Alfons Köster & Co. GmbH Global Freight Logistics last November. He has now taken on responsibility for all overseas im...
IAG Cargo names new regional commercial managers IAG Cargo, the business that evolved from the merger of British Airways World Cargo and Iberia Cargo, has appointed of two new regional commercial managers to drive growth in the s...
NCL raises $447M CRUISE operator NCL has priced its IPO at $19per share after receiving strong investor support
German export freight index discussed GERMANY'S VHSS is discussing whether to introduce a freight index for European exports
Panama expansion delay confirmed JORGE Luis Quijano, the Panama Canal Authority's administrator, has reportedly confirmed that the waterway's expansion will open late
Ezion holds 'buy' rating UOB KAY Hian analysts today maintained 'buy' ratings for Ezion Holdings after it won a deal for a $116.8M lift-boat charter
Wuhan newbuilding seized WUHAN judges have ordered a new 6,250dwt chemical and products tanker to be seized at a small Chinese yard - whose boss is reportedly hiding from creditors
VLCC charterers prevail VLCC charterers are keeping the upper hand, as the tonnage overhang dampened hope that the Chinese New Year would lift rates
Naphtha arbitrage gains HIGHER naphtha prices in Asia than in Europe have created arbitrage opportunities for LR2 tankers in the Mediterranean
Capesizes rebound on Australian storm recovery CAPESIZE fixing gained pace late this week as Australian miners resumed chartering ships, having stayed away since Cyclone Narelle forced Cape Lambert and Dampier to shut over 10-11 January
Japan's orders drop 14% ORDERS at Japanese yards fell 14% year on year in 2012, according to the Japan Ship Exporters' Association
Indian Court Rejects Italy's Appeal in Ship Guard Trial Italy suffered a setback in its efforts to have the Indian Supreme Court strike down the prosecution of two Italian ship guards charged with the killing of Indian fishermen off the Kerala coast last February. Dismissing an appeal by Rome to quash the trial, the nation's highest court on Friday ordered...
Coal Export Terminal Projects in Limbo in Australia Market intelligence provider Industrial Info Resources is currently tracking 13 active coal export terminal projects in Queensland, Australia, worth more than $33.1 million, and has reported that if all of these projects are approved and built over the next decade, an excess of 500 million metric tons would be added...
Construction Begins on Port Everglades' Intermodal Facility Groundbreaking for the new intermodal container transfer facility. Florida's Governor Rick Scott broke ground this week on Port Everglades' intermodal container transfer facility. Florida East Coast Railway's new 42.5-acre near-dock facility is intended to support the transfer of containerized cargo through the port to and from the FEC main line by mid-2014. The facility...
Hong Kong's Imports, Exports Rose in November Hong Kong's Census and Statistics Department reported the volume of exports of goods in November 2012 increased by 10.2 percent, and the volume of imports of goods rose by 7.6 percent, compared with the same month in 2011. In the first 11 months of 2012, the volume of goods exports fell...
CMA CGM Cuts Far East-North Europe Sailings CMA CGM has reduced some of its services into and out of China, in anticipation of reduced production during the Chinese Lunar New Year. On the Far East to North Europe trade, the container shipper has cancelled sailings on FAL 1, FAL 2, FAL 3, FAL 7 and FAL 10 during...
Asia Airfreight Terminal's Throughput Rises 11 Percent Asia Airfreight Terminal, an air cargo terminal based at the Hong Kong International Airport, reported tonnage throughput of 68,252 metric tons for December 2012, an increase of 11 percent from December 2011. Export cargo volume in December totaled 46,675 metric tons, rising 13 percent year-over-year, and import volume was 20,622 metric...
US Intermodal Traffic Rises 10.4 Percent In the week ending Jan. 12, U.S. intermodal volume rose 10.4 percent year-over-year to 252,896 trailers and containers, according to the Association of American Railroads. It was the first weekly increase in 2013. Intermodal plunged 14 percent year-over-year in the last week of 2012, and dropped 8 percent in the first...
US Customs, ICE Seized 22,848 Shipments of Counterfeit and Pirated Goods in 2012 U.S. Customs and Border Protection and U.S. Immigration and Customs Enforcement's Homeland Security Investigations seized 22,848 shipments of counterfeit and pirated goods in fiscal year 2012, as well as 697 websites involved in trafficking those goods, according to the Intellectual Property Rights Fiscal Year 2012 Seizure Statistics Report. The seized shipments...
Study Highlights Port of Mobile's Value to State Economy In fiscal year 2011, the cargo and vessel activity at the Port of Mobile contributed an estimated $22.3 billion in economic value to the state of Alabama, according to an economic impact study prepared by John C. Martin Associates, a maritime industry economic consulting firm. Of that value, $18.7 billion is...
Sanchez Talks Exports, Free Trade Under Secretary Francisco Sanchez says the National Export Initiative is on track to double U.S. exports by 2014, with a goal of creating billions of dollars in new exports and thousands of new jobs. New free trade agreements with Colombia, South Korea and Panama, which took effect in 2012, will...
SynchroNet Intermodal Services Names Chappell Sales Director Logistics provider SynchroNet Intermodal Services has hired Derrel E. Chappell as director of sales for North American domestic services. In this role, Chappell is responsible for developing and securing business from intermodal marketing company freight customers and other third-party U.S.-based freight customers. He will also focus on the marketing and sales...
Cargolux Elects Helminger Chairman Luxembourg-based Cargolux Airlines International's board of directors has elected Paul Helminger as its chairman. Alphonse Berns, Paul Mousel and Patrick Nickels were also appointed as directors to the board. Luxembourg's government re-acquired a 35 percent stake in the airline from Qatar Airways on Dec. 31, 2012....
Naviera Master Line to Launch Service via Port Manatee Aerial view of Port Manatee. Courtesy Manatee County Port Authority. Naviera Master Line de Venezuela, a division of Miami-based Master Line Shipping Company, has selected Port Manatee in Florida for a new container and breakbulk service to Caribbean, Central and South American locations. The service is scheduled to begin with a sailing...
ABF Global Supply Chain Services Expands to South America ABF Global Supply Chain Services, a subsidiary of Arkansas Best, has added Brazil, Chile, Argentina, Colombia, Peru and Uruguay to its ocean transport network, offering a single contact for full containerload and less-than-containerload services. The company already has an established presence in Europe, China, India and Southeast Asia, Carlos Martinez-Tomatis, ABF...
CSX Appoints Glassman VP of Operations Finance Jacksonville, Fla.-based rail and intermodal company CSX has appointed Andrew Glassman as vice president of operations finance. Glassman has served as assistant vice president of intermodal marketing since 2010. He joined CSX in 2004 as assistant vice president of financial planning and analysis. Before joining CSX, Glassman served as senior director of...
G6 conservative view leaves Asia - Europe loop mothballed In contrast to liner rival Maersk Line - which has reactivated its Asia - Europe AE-9 loop on the back of a bullish cargo prediction - the members of the G6 Alliance ...
CSCL goes back to black after containers sale and leaseback
US port talks press on Mediation talks to avert a US east coast container port shutdown from early February have 'made progress' and should bring both sides back to the negotiating table.An ...
OOCL and NYK receive and christen ULCS double The first pair of OOCL's 13,208 teu ultra large container ships of an order of 10 from Samsung Heavy Industries [SHI] were christened at the South Korean shipyard ...
CMA CGM blanks CNY week French liner CMA CGM has announced the cancellation of six Asia - Europe westbound voyages during the Chinese new year holiday period which commences on ...
Hong Kong's annual box volumes fall for the first time since 2009 Hong Kong's container throughput contracted for the first time since 2009 last year, making the port one of the worst-performing major transport hubs.According ...
HSH hits 'critical stage' HSH Nordbank (HSH) faces an uphill battle on the road to redemption and may need more aid to shore up its balance sheet, a leading ratings agency said Friday.
Economou: it wasn't me DryShips has torched reports suggesting affiliates of its chief executive are behind the recent acquisition of two suezmax newbuilding contracts.
Judgement day draws near Euronav could run out of cash by the third quarter of 2013 if the tanker market downturn continues, according to analysts at DNB Markets.
New yard for Caspian Turkmenistan is planning to build a new shipyard on the Caspian Sea coast.
Hoegh has enough Hoegh Autoliners' latest newbuilding swoop at Xiamen Shipbuilding should meet the company's needs over the next few years, its CEO says.
Storm hits tanker loading Freak weather could keep Novorossiysk Port shut and delay the loading of tankers until Monday.
Vestra adds one Ukraine's Kherson Shipyard has unveiled a dry cargoship order from domestic operator Vesta.
CMA CGM tinkers CMA CGM had made some adjustments to its Asian schedule ahead of an anticipated slump in demand over the Chinese New Year.
More Vinalines arrests Vietnamese police have held three more former executives of the state-owned Vinalines group over "abuse of power."
Hat-trick for Hoegh Hoegh Autoliners has booked a trio of car carrier newbuildings at its favourite Chinese shipyard with options for more on the table.
Wuchang grabs nine China's Wuchang Shipbuilding Industry has signed up to build nine patrol ships for the government.
NAT loses a leg Nordic American Tankers' dividend cut has been met with more scepticism on Wall Street.
Hubei Jiangyan wound up The assets of Chinese shipyard Hubei Jiangyan Shipbuilding will be sold off after the yard was closed down by a district court.
Crew going home Eight crew stuck on a detained, bug-infested tug in Canada will be flying home soon.
Cosco Pac pushes paper Cosco Pacific has firmed up plans for a fundraiser to expand its terminal and container leasing businesses.
NCL banks $447m Norwegian Cruise Line (NCL) has beaten its own cash target in its US IPO by selling shares above its marketed price range.
SHI set for NAT pair TradeWinds digests the digits making the headlines this week.
DESSC scores more in Brazil Deep Sea Supply's shift to Brazil is gaining momentum with the announcement that two more anchor handling tug supply vessels are being mobilised to its favoured market.
CSCL eyes turnaround China Shipping Container Lines (CSCL) says it expects to return to profit in 2012 in what is another positive sign for the liner sector.
Yard gap to widen The gap between the major Korean shipbuilders and their smaller rivals has been tipped to widen.
A tiresome business We take a look at what was said in the market over the past week.
SCA seeks boxships Swedish paper producer SCA Transforest is looking to charter containerships in a deal worth $108m per year.
MEO books AHTS double Uniwise Offshore, a tie-up between Unithai Group and Miclyn Express Offshore, have ordered two anchor handler newbuildings.
Shanghai growth slows Shanghai has retained its title as the world's busiest container port, but its long term growth rate has slowed significantly.
Pennsylvania man sentenced for illegal exports Timothy Gormley told Commerce Department investigators he was "too busy" to obtain the necessary export licenses, and claimed he was overwhelmed at work. "That was his only excuse," the department said.
Fed sees uncertainty throughout the country
Dachser keeps rolling with Spanish 3PL acquisition The Transunion acquisition fits in with Dachser's Global 2.0 strategy, which has the end goal of expansion to 49 countries and 220 offices by 2017. This will be met via a mix of mergers, joint ventures and organic expansion.
Port Everglades breaks ground on new rail terminal Florida East Coast Railway CEO Jim Hertwig said the terminal will allow his railroad "to efficiently and effectively deliver superior transportation service between South Florida and the southeastern United States."
Annual Operation Deep Freeze underway
U.S. finds Vietnamese hangers subsidized
Naviera Master Line to start Port Manatee service Naviera Master Line said the fortnightly service, starting March 8, will carry container and breakbulk cargoes between Port Manatee, Fla., and destinations in Colombia, Panama, Venezuela and Trinidad.
OOCL takes delivery of first 2 megaships
Maersk slows WAF1
ILA talking again about New York issues Three days of bargaining on a new contract by the union and its employers wound up on Thursday, with the U.S. Federal Mediation and Conciliation Service Director George H. Cohen saying the two sides had "made progress" in their effort to negotiate a master contract.
Texas institute develops navigation app for Houston channel
Maersk slows Asia-W. Africa loop again
CargoWise ties up distribution deal in Eastern Europe
Bunker prices in Americas mostly firm as week ends Demand was quiet on the US Gulf, according to a local trader.
Weekly global market update A weekly price round up of bunkering hubs from around the world.
Coast Guard to host LNG forum in Seattle Coast Guard and industry representatives will discuss current and forthcoming technologies specific to the use of LNG as fuel.
Post-merger management shake up at Bomin Bunkering player adds managing director.
Brightoil share values dip Shares fall 11% after latest profit warning.
Fujairah prices stay firm South African bunker prices soft at week's end.
Security expert: Fuel oil cargoes target in West Africa Phenomenon very different to Somali-instigated attacks.
Tight avails in Rotterdam With congestion seen at loading installations.
Iranian product 'can be used for bunkering' EU clarifies exemptions to its ban on the purchase or transport of Iranian oil.
Hope in US port strike talks Talks continue ahead of February 6 deadline.
Deployment of LNG bunkering vessel delayed In the meantime, LNG-fuelled ferry to be supplied by truck.
Operator places more orders for fuel efficient tankers Vessels could generate fuel savings of between $3,000 and $5,000 a day.
Asian bunker prices end week higher Bunker prices up in Singapore and Hong Kong.
Oil trader leaves BP Singapore Move said to have no impact on BP Singapore's bunker fuel business.
Hyundai to increase domestic bunker sales 380 cSt HSFO will be purchased from Singapore.
Asia might have its first ECA soon News of a possible Pearl River Delta ECA was well-received.
Chevron's Hawaiian refinery under pressure Energy expert says company's Campbell Industrial Park refinery is likely to close within a few years.
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