Cargolux with today's special service to unusual Swiss airport Luxembourg-based Cargolux Airlines is operating a charter flight from Payerne airport (ICAO Code LSMP), located between Berne and Lausanne (both Switzerland) to the US west coast. ...
Initiative brings three key issues closer in-line with Ontario's regulations Quebec (Canada) made several regulation changes affecting the trucking industry that took effect on 14 February. Permits will no longer be required for: vehicles equipped with wide...
Armed robbers attack Swiss aircraft in Brussels Armed robbers stole diamonds worth EUR 37.5 million while the gems were being loaded onto a Helvetic Airways plane at Brussels airport (Belgium) on Monday evening, the news agency ...
Port of Bilbao set new container traffic record For yet one more year container traffic at the Spanish port of Bilbao reached a record high of 610,131 teu in 2012. A boost in container exports brought about this significant incr...
European Barge Union elects new president The board of directors of the European Barge Union (EBU) has elected Lubomir Fojtu, president of the Czech barge owners association, as its new president, and Didier Leandri, repre...
InRail offers new freight traffic service between Italy and Slovenia InRail, a private Italian railway company based in Udine that primarily focuses on transporting iron products, scrap-iron, steel, timber and coal, has started its first freight tra...
One rulebook for all truck drivers in Australia Historic reforms creating Australia's first national heavy vehicle regulator have been passed by the Queensland parliament The heavy vehicle regulator is a key part of the governme...
Port of Gothenburg expands rail transport system The Swedish port of Gothenburg plans to further expand its rail shuttle system. During 2012, five new routes were added and the proportion of freight transported by rail rose by 10...
Antwerp Breakbulk Agencies appoints agent in Netherlands Antwerp Breakbulk Agencies has selected GvanB Logistics Ltd. to act as its official booking agent in the Netherlands. The task encompasses bookings for the shipping lines represent...
Iberia celebrates arrival of new aircraft and bemoans labour dispute On 15 February, the Spanish airline Iberia took delivery of the first of the five Airbus A330s that will go into service this year. The delight ensuing from the arrival of the new ...
Ceva opens first centre of logistics excellence in Jacksonville SCM and logistics specialist Ceva Logistics has opened its first centre of logistics excellence in Jacksonville FL (USA). The facility demonstrates 'real world' logistics innovatio...
FedEx Express expands operations in Canada USA-based FedEx Express has expanded its operations in the Canadian Prairies, with a new state-of-the-art service centre in Saskatchewan. The new multi-million dollar facility in t...
SDV joins hand with Airworks India SDV has linked up with Airworks India, a prominent maintenance, repair and overhaul service provider, to manage all the latter firm's worldwide supply chain requirements to India. ...
A ship's Achilles' heel As ships get bigger and more complex, the potential threat of previously unknown flaws increases
Kidnappers demand $1.3m ransom for Armada Tuah 101 crew Pirates name their price for six seafarers snatched from service ship in Niger Delta
Montagu reviews Unifeeder options Review fuels sale speculation
Wellington, Legatum and Kensico buy into Scorpio Tankers Institutional investors pile into tanker company stock
Analysts flag improved performance from Maersk Parent company AP Moller-Maersk to reveal group's 2012 figures on Friday
Back in business Crude exports have now reached a level only slightly lower than before the revolution
Reluctant sellers spell a dearth of distressed sales, says Bodouroglou Box Ships posts new profit but expects to trim its dividend
Tough P&I renewal terms see brokers scramble for lowest premiums Reinsurance cost 'as significant a premium penalty' as club's specific renewal demands
Middle East VLCCs struggle despite healthy flow of cargoes Vessel glut prevents significant rate rises
Fools rush in to offshore business, Bourbon warns its rivals Exclusive: It might be lucrative, but offshore support is a very different market to shipping
West Africa high-risk area could expand as attacks spread Security experts urge insurers to include Togo and Ivory Coast in trouble zone
Sulphur rules need stronger enforcement Cardiff University calls for focus on bunker delivery notes and sniffer technology
Port Authority of Thailand chief resigns Corruption claims and union overtime ban put official under pressure
Sanko extends the deadline for reorganisation plan Japanese company has until end-July to come up with a proposal
Arctic engagement China seeks to join the debate about how to commercially develop the north
Ultra-large OOCL boxship is damaged during tests SHI takes the rap as 13,208 teu newbuilding is delayed until April
Knowing the ropes A holistic approach to maritime careers will benefit the whole industry
Charleston sees box throughput rise Port outpaced its rivals with double-digit growth last year
Evitt to head new V.Ships cell created through Costamare pact Former InterManager president 'jumped at' new role in Greece
General strike in India stymies ports ALL PORT movements halted today at Jawaharlal Nehru Port Trust, in line with the start of India's two-day general strike
'Gangster' rap for Canada A FRENCH environmental group has accused Canada of "gangster" behaviour for allowing a former Russian cruise ship to go adrift unmanned
Chongqing's throughput rises 24% m/m CHINA'S Chongqing ports had throughput of 10.94M tonnes in January, up 24% from December 2012
6 held in Guyana smuggling GUYANESE inspectors are today holding six suspects after seizing at least 312kg of cocaine hidden in 20 plastic bags in a container full of timber, IHS Global Insight reported today
EC approves privatisation changes for Brodosplit THE EC has authorised amendments to the restructuring and privatisation deal for Croatia's Brodosplit shipyard
Otto unit refused shield from creditors OTTO Marine said the Singapore High Court has refused to grant its subsidiary Reflect Geophysical protection from creditors
Strike grips Greece CABOTAGE ships and ferries were idled today by a general strike in Greece
Penguin's profits fall 49% SINGAPORE shipbuilder Penguin International today posted a 49% drop in profits for full-year 2012 to $4.9M
Dandong reveals box surge CHINA'S northeastern port of Dandong said it increased throughput by nearly 118% last month, compared with December 2012
China's exports to non-traditional markets surge CHINA'S export cargoees to non-traditional markets surged in 2012 against the backdrop of declining orders from old trade partners
Costco Teamsters Approve Three-Year Contract Costco Teamsters have approved a new three-year contract that includes a 9 percent wage increase over the term of the agreement. The annual pay increases over the three years of the contract will bring the hourly wage rate for clerks to $22.87. Additionally, clerks will receive bonuses of $3,750 to $4,000 every...
TransCore Canadian Freight Index Hits Record High in January TransCore's Link Logistics Canadian Freight Index showed load volumes in January increased 25 percent from December 2012 and 4 percent from January 2012, surpassing the record set for the month in January 2011 by 3 percent. Intra-Canada loads represented 24 percent of the total load volumes, and cross-border postings represented 71...
Survey: Canadian Business Leaders Optimistic for 2013 Canadian business leaders are optimistic about their financial prospects in 2013, despite economic uncertainty, according to a quarterly survey of Canadian businesses commissioned by UPS Canada and conducted by Leger Marketing. The survey found that three in five business leaders believe they will see more revenue in 2013 than they did...
Cathay Pacific Reports Jump in Cargo for Month Cathay Pacific Airways reported that Cathay Pacific and Dragonair combined carried 132,792 metric tons of cargo and mail in January, an increase of 14.2 percent year-over-year. The cargo and mail load factor in January rose 3.1 percentage points to 63 percent. Capacity, measured in available cargo per mail metric ton kilometers,...
U.S. Lines to Adjust Pacific Express 3 Service U.S. Lines will adjust its Pacific Express 3 service, effective March 12. The shipping company will add Ningbo to the rotation in China, prior to Shanghai; drop Xiamen as a direct call in China, which will be serviced via Hong Kong or Pusan for all U.S. East Coast destinations; and add...
Quest Navigation Prepares for Canada-Maine Ferry Service Quest Navigation has leased a ship in anticipation of restarting ferry service between Portland, Maine, and Yarmouth, Nova Scotia, and could, if awarded the contract, begin offering ferry service as early as this summer, according to Maine's Bangor Daily News. The Eliot, Maine-based company is one of only two companies that...
Gulf Intermodal Services Announces Management Promotions Linda Johnson.Jim Gillis.Saul Ramirez.Gulf Intermodal Services has promoted Linda Johnson to regional vice president of the New Orleans office, Jim Gillis to regional vice president of the Houston office and Saul Ramirez to safety and recruiting supervisor of the Houston office. Prior to this position, Johnson held various roles at the...
New Century Transportation Names Olszewski President New Century Transportation has named Mark Olszewski its new president. Olszewski will oversee the New Jersey-based trucking company's management and operations, in addition to the design and implementation of revenue growth strategies. He has more than 25 years of related experience in the transportation industry, beginning his career with less-than-truckload carrier Roadway Express...
Annual Review & Outlook 2013: Shanghai Shipping Exchange I expect three major events in shipping this year: The volatile shipping market could stabilize during a transition year for future resurrection. Neither carriers nor shippers are happy with the fluctuation of rates in 2012, and neither side wins in such a market. A less volatile but more energized market could...
Annual Review & Outlook 2013: Shanghai International Shipping Institute The shipping market in 2013 may hardly see a fundamental rollover of its current downturn, but the industry will definitely experience a transition that will feature a reshuffling of shipping companies and innovations in their operation and management. A noticeable event is Maersk Line's attempt to employ Triple E containerships...
Annual Review & Outlook 2013: Safmarine North America I anticipate our industry will see several changes and forms of evolution this year as all sectors try to find a solid foundation for sustained success. One of the most important developments I suspect we'll witness will be one of increased internal focus by relevant stakeholders, and that won't necessarily...
Annual Review & Outlook 2013: Ports America The economic environment remains challenging and volatile. We must use this time to leverage stakeholder management across the supply chain with an emphasis on increased public-private partnerships and strengthened cooperation. Vital capital investments toward structural enhancements and upgrades in infrastructure, along with additional equipment purchases already have demonstrated value in such...
Annual Review & Outlook 2013: Port of Tampa 2013 promises to bring considerable uncertainty, as well as opportunity for the shipping and ports sector. While the U.S. economy appears to be on a slow path toward recovery from the Great Recession, Europe and Asia face challenges such that the long-term global trade outlook is for more tempered growth...
Fuel Surcharges Drive US Intermodal Prices Up U.S. intermodal rates rose slightly last week across multiple lanes, according to weekly data on all-inclusive 53-foot door-to-door spot pricing quoted by railroads and provided by the 3PL IDS. This increase was largely due to the continued rise in fuel surcharges, IDS said. All-in 53-Foot Door-to-Door Spot Intermodal RatesWest to East...
Port Metro Vancouver's 2012 Container Traffic Hit All-Time High Port Metro Vancouver in British Columbia handled a record 2.7 million 20-foot-equivalent units in 2012, rising 8 percent year-over-year. The port also moved 124 million metric tons of cargo in 2012, rising 1 percent from 2011. The gain was mainly driven by growth in Asian economies and continuing strength in the...
Teamsters Gain Support Among American Airlines Mechanics American Airlines mechanics and related workers have reached a majority of cards signed for Teamster representation at many locations, according to the Teamsters Airline Division and the Teamsters Aviation Mechanics Coalition. The Teamster Union is nearing majority support throughout the system and is one step closer to filing for an election...
MIQ Logistics Opens Service Center in New Orleans MIQ Logistics has opened a new service center in the Lakeway Business Center in New Orleans. The facility, which specializes in import and export services, is positioned between the Louis Armstrong New Orleans International Airport and the Port of New Orleans. The Overland Park, Kan.-based logistics company has also hired Tony Ponder...
Maersk Line: profits up in Q4? That seems to be the consensus of opinion of analysts ahead of A P Moller-Maersk's full-year results on Friday for its flagship liner business.William Foggon of ...
Peak season: to be or not to be? As the dragon made way for the Year of the Snake the jury was still out on the prospects for a traditional peak season in the Asia - Europe trade lane. Indeed, ...
Idled box fleet grabs bigger fish According to the latest report from Lloyd's List Intelligence [LLI] the number of containerships in hot or cold lay-up now reads 319 units for ...
Charleston sees box throughput rise in January Container volumes at US east coast port Charleston rose to 121,000 teu in January 2013, a 7.7% increase over the same month last year.For the first seven months ...
Bids for Unifeeder? Just months after it acquired rival operator Feederlink , European shortsea, feeder and logistics group Unifeeder's owners Montagu Private Equity and senior management ...
Shipping crisis threatens German banking system, Bundesbank warns German shipping is in 'deep crisis' and financiers' three-digit-billion-dollar exposure to the sector represents 'a significant regional and sectoral risk' for ...
US trucks on a roll The American Trucking Associations' [ATA] For-Hire Truck Tonnage Index advanced by a further 2.9% in January after an adjusted jump of 2.4% in December. ...
Delos targets Omega trio Delos Shipping of the US appears to be closing in on the acquisition of Omega Navigation's stake in three products tankers.
Rem's profit plunges Age Remoy's Rem Offshore has blamed the weak North Sea spot market for a slump in fourth quarter earnings.
Lomas wants action Bulker owners association Intercargo has called for a quick investigation into the fatal sinking of Harita Bauxite off the Philippines on Saturday.
BW pays Pemex BW Group has paid Mexican oil company Pemex $13.6m in arbitration costs in a row over the price of an FPSO.
German ship sales treble Troubled German shipping funds sold three times as many ships in 2012 as in the previous year.
Diana signs with Glencore Diana Shipping has tied up a charter deal with Glencore for a kamsarmax bulker recently picked up at auction.
Fornaes buys another Danish shipbreaking yard Fornaes has snapped up another elderly vessel for demolition.
DeepOcean in Statoil coup DeepOcean's long-standing relationship with Norwegian oil powerhouse Statoil has reaped dividends after the pair entered into a mammoth long-term offshore services contract.
DCIX to cut dividend? Diana Containerships will scale back its dividend this year, two leading Wall Street analysts warn.
Crewman injured by wave Bermudan authorities are on standby to evacuate an Odfjell crewman hit by a large wave.
Sanko buys more time Troubled Japanese owner Sanko Steamship has been given five more months to finalise its reorganisation plan.
Finnish strike threat Finland's icebreakers could be kept in port next month as the country's ship officers association protests against redundancies.
Billung gets serious Golden Ocean boss says talks over acquisitions have ramped up a notch.
Unifeeder for sale? Maersk Line has been linked to a takeover move for Danish shortsea and logistics operator Unifeeder which has been put up for sale by its private equity owner, reports say.
Fortuna master fined The Russian captain of the cargoship Fortuna has been fined in Denmark for not reporting its grounding quickly enough.
Nanaimo restructures Canada's Nanaimo Shipyard is undergoing a financial restructuring to make itself viable once more.
Aker Philly bounces back Work on a two-vessel order for ExxonMobil helped tip Kjell Inge Rokke's Aker Philadelphia Shipyard back to profit in the fourth quarter.
Hostage count mounts Nigerian pirates now have 10 foreign seafarers in captivity after details of the latest West African attack emerged on Wednesday.
Time to buy Nam Cheong Investors should pounce on shares in Singapore-listed Nam Cheong before the company announces record results, according to analysts.
Eurotunnel hits back France's Eurotunnel will contest UK anti-trust findings that its purchase of three former SeaFrance ferries could push up cross-Channel prices.
Bonheur profit shrinks Red ink from its shipping, cruise and renewable energy activities dragged down fourth quarter profit at Fred Olsen holding company Bonheur.
Bahri fixes merger funding National Shipping Company of Saudi Arabia (Bahri) has clinched bridge financing worth SAR 31.8bn ($848m) to fund its merger with Vela.
Korea's 10-year low The combined order backlog of nine major Korean shipyards is at its lowest level for 10 years.
PE buys Cosalt Offshore A European private equity and venture capital firm has agreed to buy Cosalt Offshore from its struggling parent company.
PACD ties up $1bn loan Pacific Drilling has signed a $1 billion senior secured credit facility agreement to plug a gap in the funding of its newbuildings.
Teekay adds tug trio Teekay Shipping Australia has secured three more high powered tugs for its operations in Port Hedland.
OOCL newbuild damaged An OOCL containership newbuilding has been damaged while under construction at Samsung Heavy industries.
Endeavour back in action Northern Offshore has secured a short term charter contract for its jack-up drilling rig Energy Endeavour.
Judgment day draws near Equity analysts are starting to take a closer look at the Teekay family of companies in anticipation of fourth-quarter earnings reports that are due out later this week.
Inner circle still intact Stephen Kaplan will continue to serve as a close advisor to shipping mogul Peter Georgiopoulos after relinquishing a seat on Genco Shipping & Trading's board of directors late last week.
Diamond heist has 'significant impact' on Brink's The Antwerp World Diamond Centre has put the value of the goods - both rough and polished stones - at $50 million. Brink's employees were loading the plane at Brussels Airport in Belgium when the robbers struck.
Ship financing in 'troubled waters,' banker says Andreas Dombret, board member at Deutsche Bundesbank, said in a speech in Hamburg Monday that "the financing of shipping undoubtedly represents a substantial regional and sectoral risk in the banking industry."
Maersk hiking transpacific rates April 1
Truck tonnage soars in January
MIQ Logistics enters New Orleans
Draymen as port employees called bad idea Rep. Roger Freeman, the prime sponsor of the bill, H.B. 1719, said "there are injustices in the Port of Seattle and trucking business" and was introducing the bill to help underpaid drayage drivers who are independent contractors.
AMI takes on India
DHL signs maintenance agreement
Transplace, CombineNet keep procurement platform
Semiconductor maker uses Amber Road for screening
E-invoicing on the rise
Irish forwarder signs up with CargoWise
India to get new air regulatory agency The Indian government is eyeing the creation of a nine-member Civil Aviation Authority, which would set aviation standards and oversee air safety, regulation and licensing. It will replace the Directorate General of Civil Aviation.
Fuel price risk goes beyond mainstream shipping sphere Single-tonne contract allows organisations to tailor hedging strategies to match exposure and trade smaller clip sizes, as and when risk arises.
Teekay evaluating potential LNG bunkering sites Teekay's LNG bunkering plans could potentially lead to a facility in Vancouver and Seattle.
Wartsila to host webinar focused on LNG 'Invested in correctly, LNG can deliver advantages such as lower operating costs, fewer exhaust emissions, greater fuel flexibility and a fast return on investment.'
Canadian refinery 'could close' East coast plant produces a range of products, including bunker fuel.
IFO prices firm in Fujairah South African market records fall in prices.
Mid-week bunker prices soften in Europe Weak demand in Gibraltar.
'No doubt' that more companies will go down in 2013 Entities owned by German KG houses may be 'the biggest black hole' among companies that cannot service debts.
Player outlines pricing structure for LNG LNG bunker fuel should be benchmarked against conventional alternatives.
Korea Line's debt talks fall through Korea Line said to have accumulated debts of more than $942 million.
Fuel oil trains delayed by winter weather Cargoes are heading to the Russian ports of Nakhodka and Slavyanka.
Odfjell in the red for 2012 The company made a net loss of $111 million in 2012, down from a net profit of $269 million in 2011.
Singapore bunker sales at 'eight-month high' MPA releases new data on low sulphur sales.
Asian bunker prices a mixed bag midweek WTI futures displayed gains in electronic trading.
Chemical tanker owners ordering bigger ships Shipping analyst says average sizes for new chemical tankers to be above 38,000 dwt.
Thai vessel crew arrested for oil smuggling Vessel owner had provided untaxed fuel oil.
US Senate clears the way for investment in alternative fuels Senate scraps rule that limited Pentagon's scope to invest in alternative energy.
Singapore-listed firm's profit plunges 82% But revenue was up 6.5% on ship repair, chartering and bunkering activities.
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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