Choice widens for US shippers as box lines reshape service networks Cargo from Asia can be routed via Panama or Suez canals, or overland from west coast ports, to the heartlands
LA takes action to defend its Number One status Interim director Gary Lee Moore says $1bn investment programme proves commitment to the port
Long Beach prepares for cargo fight with $4.5bn upgrade programme Port goes toe-to-toe with rival Los Angeles as it attempts to put recent upheaval behind it
Maersk sells green virtues as it cuts operating costs Sustainability brings its own reward to cost-conscious carrier
Strong rupee boosts India's scrap rates Third containership breaks through the $500 per ldt barrier
Doubts cast over shipbuilder JES International's future Accounting group draws attention to liabilities that exceed assets by $68m
U-Ming reports 7% dip in 2013 profits Higher finance costs hit Taiwan dry bulk operator
G6 is a 'true alliance' says Lidinsky Interview clarifies why FMC commissioner voted for the G6 but against the P3 expansion
K Line expands in LNG carriers and offshore supply vessels Company bets on healthy energy shipping supply and demand
K Line expects flat growth in automotive shipments Changing car production patterns drive Japanese carrier to target ro-ro cargoes
Zim works to avoid halting its Asia-north Europe service Israeli container firm needs a new partner after shake-up ends its service ties to CSCL
One year on, Singapore LNG sets its sights on bigger things City state ponders expanding its import terminal capacity and building a second plant
Ship grounds off Hong Kong Hansa Constitution hits shore on west side of island after possible power loss
Alfa Laval to pay $2.2Bn for Frank Mohn Swedish engineering group Alfa Laval has agreed to acquire Norwegian submerged cargo marine pump specialist Frank Mohn for NOK 13Bn ($2.17Bn)
Maersk Line's green business expansion Maersk Line said today (7 April) that its CO2 emissions has been cut by 3.8M tonnes or 12% year-on-year, according to its Sustainability Progress Update report for 2013
Pacific Radiance in JV with Westsea Marine Singapore-based offshore oilfield services provider Pacific Radiance said today, 7 April, that its wholly-owned subsidiary, Crest Offshore Marine, has entered into a joint venture agreement with Australia's Westsea Marine
Box ship runs aground off Hong Kong A container ship ran aground off Hong Kong yesterday (6 April) amid rough waves caused by monsoon winds
Gothenburg's 21 year masterplan Swedish Port of Gothenburg's masterplan, covering the period up to 2035, was adopted by its board on 2 April
Dry bulk carriers and FFAs gain strength Valuations of second hand dry bulk carriers have extended their recent gains and older vessels are starting to find buyers too, analysts and broker sources say
Moffat takes BPA top job Port of Tyne's CEO, Andrew Moffat, has been appointed as chairman of the British Ports' Association (BPA)
Zhejiang Ouhua secure box ship order China's Zhejiang Ouhua shipyard has won an order to build four new 2500teu container ships
Fugro wins in the north Classed as of national importance by the Scottish government, the expansion of Aberdeen Harbour by the construction of a new facility in Nigg Bay will further support international trade
Saltchuk Resources buys Tropical Shipping Saltchuk Resources is consolidating the Caribbean container market with the purchase of Tropical Shipping from AGL Resources
Triple class society approval success for Wärtsilä The Finland-based marine power plant specialist Wärtsilä has won approval from three major Classification Societies for its Propulsion Condition Monitoring Service (PCMS) - the first company in the world to attain such overall recognition, the firm says
Report: US Imports to Rise in April Signaling an end to the winter doldrums and the beginning of a busy spring in the U.S. container trades, Global Port Tracker is forecasting that imports in April will increase 6.1 percent over April 2013. "With winter over, retailers are stocking up in anticipation of a busy spring and summer," said...
US Containerized Exports See Steepest Decline Since 2009 U.S. containerized exports through February 2014. Full-size image U.S. containerized exports tumbled 9.0 percent year-over-year in February to 923,493 TEUs, the lowest monthly volume in 32 months, according to preliminary figures from PIERS, the Data Division of JOC Group. This 9.0 percent drop was also the steepest year-over-year decline since August 2009. February...
Scandlines' Earnings Slip on Flat Revenue Scandlines, the Danish-German ferry operator, posted a 5.5 percent decline in operating profit last year as increased freight volume was offset by lower passenger and auto traffic. The company, which is owned by U.K. private equity investor 3i, earned €172 million (about US$236.4 million) before interest, tax, depreciation and amortization, down...
Ports Gearing Up to Be LNG-Ready With container shipping barely out of the starting gate with liquid natural gas as a ship fuel, major ports around the world are anticipating a rapid ramp-up of LNG use in shipping and are angling to be prepared. "Major ports around the world are either planning for, or are anticipating, the...
TPM 2014 Sponsored Video: C.H. Robinson Stephane Rambaud, senior vice president at C.H. Robinson, discusses the integration of Phoenix International, which the logistics firm acquired in 2012, the company's consolidation services, and the challenges of volatility in the trans-Pacific trade....
Werner Enterprises CFO Receives Investor Relations Award OMAHA, Neb.--(BUSINESS WIRE)--Apr. 4, 2014-- Werner Enterprises (NASDAQ: WERN) Executive Vice President, Treasurer and Chief Financial Officer John Steele was awarded thebest investor relations by a CFO in the small-cap company category at the annual IR MagazineU.S. Awards March 27 in New York City. Steele has earned this prestigious distinction two times before, in 2011 and 2012. "It is...
Quality Carriers Expands Into Indianapolis TAMPA, Fla., April 4, 2014 (GLOBE NEWSWIRE) -- Quality Carriers, Inc. ("Quality Carriers"), the leading North American bulk chemical carrier, has expanded into the Indianapolis market. "Consistent with our previously announced strategy to expand our footprint, we are excited to announce our expansion into the Indianapolis market," stated Randy Strutz, President,...
American Worldwide Agencies Opens Houston Office, Hires Seasoned Branch Manager LONG BEACH, California - March 26, 2014 -- American Worldwide Agencies (AWA) is adding to its global network offreight forwarders and agents with a new office in Houston, the company announced today. The Houston office is part of AWA's global expansion plans and will handle the company's growing business in the region for project...
TIA's Great Ideas Conference Bolsters Networking Opportunities at 2014 Meeting Alexandria, VA - April 4, 2014 - Transportation Intermediaries Association will host their revamped Great Ideas Conference and Exposition, April 9-12, 2014 in Tucson, Arizona at the JW Marriott Tucson Starr Pass Resort & Spa with an emphasis on networking and sharing successful ideas with peers. TIA has reworked this...
More National Awards for Fresh Logistics A Midlands Temperature Controlled Logistics company has received another national award in recognition of its outstanding performance within Small to Medium Enterprise (SME) category. Fresh Logistics are specialised refrigerated couriers and a temperature controlled transport service, providing dual compartment multi temperature vehicles throughout the UK and Europe. Fresh Logistics has won...
Ex-Im Bank Signs Partnership with World Trade Center Charleston, Enhances Access to Financing WASHINGTON, D.C. - The Export-Import Bank of the United States (Ex-Im Bank) today announced its working partnership with Charleston Metro Chamber of Commerce and World Trade Center Charleston (WTCC) in South Carolina. The City/State Partnership program gives exporters enhanced access to information about financing that supports export sales and jobs. "Ex-Im Bank has much to...
SDV creates a subsidiary in Hungary and continues its development in Central Europe. SDV Hungary is created in partnership with Airmax its exclusive agent since 2007. The signature of this joint venture occurred in March 28, 2014 at the headquarters of SDV in Puteaux (France) with Mr. Herbert de Saint Simon, CEO SDV and Mr. Gabor Turu, CEO Airmax. «Beyond the development strategy of SDV...
Smartwares(R) Outsources Business-to-Business (B2B) Messaging to Descartes AMERSFOORT, Netherlands, April 7, 2014 (GLOBE NEWSWIRE) -- DescartesSystems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in unitinglogistics-intensive businesses in commerce, announced that Smartwares,a leading consumer goods company offering design-oriented homeessentials, outsourced its business-to-business (B2B) communications toDescartes to help it reduce costs and support its acquisition-basedgrowth strategy. "Running optimally becomes more challenging...
C.H. Robinson's New Blog Focuses on Carrier Community EDEN PRAIRIE, MN (April 7, 2014) - Addressing the various challenges and complex conversations that are part of the trucking industry's changing landscape, C.H. Robinson has launched The Road, a blog that features topics, trends, and issues that impact daily life in the transportation industry. As the largest provider of truckload services in the world,...
CEVA obtains certificate of Business Excellence in Logistics and Transport in Spain Madrid, Spain, 7 April, 2014 - CEVA Logistics, one of the world's leading supply chain companies, has been recognized with the Sello-e of Business Excellence in Logistics and Transport, the new certification of Excellence in Logistics and Transport. Sello-e, promoted by its Regulatory Council composed of UNO (Business Logistic and Transport Organization), CEL...
Carriers Strive to Raise Rates in Face of 'Glum' Outlook Hapag-Lloyd was first carrier to announce the westbound May rate increases even as April 1 GRIs struggle to lift a market weighed down by overcapacity and weak demand. Effective May 8, the German carrier aims to raise rates on the Asia-North Europe and Asia-Mediterranean trades by $525 per 20-foot container and...
West Coast Trade Grows Along With Shipper Anxiety Los Angeles and Long Beach had the greatest market share among West Coast ports in 2013. Full-size chart The ports of Los Angeles and Long Beach handled 40.9 percent of all U.S. containerized imports in 2013, and 25.5 percent of U.S. exports. The sheer scale of container volume is putting shippers on...
Foreign Investment in ASEAN Founders Outpaces China Investment Foreign investment in the five founding members of ASEAN, the Association of Southeast Asian Nations, last year topped $128.4 billion, five times the 2001 level, Merrill Lynch economist Chua Hak Bin said in a report carried today by the South China Morning Post. By comparison, China attracted $117.6 billion, after investment...
Japanese Consortium Invests in Spanish Container Terminal Operator Valencia's Port Container TerminalA consortium of Japan's Mitsubishi Corp. and Kamigumi Co. has acquired a 25 percent stake in Spanish container terminal operator TCV Stevedoring Company S.A. (TCV), Mitsubishi said today. Mitsubishi and Kamigumi bought the TCV stake from Grup Maritim TCB, S.L. (GMTCB), a Spain-based global container terminal operator, through...
ILWU Contract to Chart Course for West Coast Ports As U.S. West Coast waterfront employers prepare to enter contract negotiations in May with the International Longshore and Warehouse Union, their message to the ILWU is clear: The new contract must keep West Coast ports competitive in the battle among North American ports for discretionary cargo. West Coast ports over the...
Bau abandons LB The world's largest shipbroker appears to have poached a pair of brokers from a small, Connecticut-based competitor under a broader bid to expand its presence in the dry-bulk market.
Captain sacked after clash A Washington State Ferries (WSF) captain involved in a collision with a sailing boat last year has been sacked.
ESL seals bulker finance ESL Shipping of Finland has tied up a bank loan to help fund a vessel acquisition announced in the New Year.
Goldstein steps up Royal Caribbean veteran Adam Goldstein has been promoted to president and chief operating officer at Royal Caribbean Cruises.
JES calms fears Chinese shipbuilder JES International has moved to calm fears over its ability to remain a going concern.
Saltchuk buys Tropical fleet Seattle group Saltchuk Resources has snapped up the 12-ship fleet of domestic owner Tropical Shipping.
New VLs at nine numbers Clarksons has placed a nine figure price tag on a VLCC newbuilding for the first time in two and a half years.
MSC denies "slave" conditions MSC Cruises has denied it employs crew in "slave-like conditions" following accusations in Brazil.
Havyard holds again Havyard Group has again delayed the closing of its IPO.
Pac Rad makes Oz move Pacific Radiance is expanding into the Australian offshore support vessel market through a joint venture with local outfit Westsea Marine.
Drunk master fined A Russian cargoship captain has been fined in Sweden after a near-miss.
Oka lands another Russia's Okskaya Shipyard (Oka) has won a deal to build a new multipurpose vessel for Tuapse Commercial Seaport (TCS) in Russia.
Avance to bank more Avance Gas is set to have a larger than expected IPO war chest to power its pursuit of Dorian LPG and other takeover targets.
Crimean ferries busier Ferry crossings from Russia to Crimea have nearly trebled after the annexation of the former Ukrainian region.
EMGS draws new job Electromagnetic Geoservices ASA (EMGS) has secured a new contract for data acquisition in the North Sea.
$30m not well spent Euronav has taken another swipe at eco ships suggesting the benefits of a new suezmax can be replicated by retrofitting and efficient operations.
Nasdaq clears NOS The Nasdaq OMX group has completed its move into dry cargo and tanker freight derivatives.
MOL's Mexican mission Japan's Mitsui OSK Lines (MOL) has started a new car carrier service to capitalise on growing vehicle exports from Mexico.
GSI trading halted Share trading in Chinese shipbuilder Guangzhou Shipyard International (GSI) has been halted pending an announcement by its major shareholder.
U-Ming profit slides Taiwanese bulker owner U-Ming has seen earnings eroded by falling revenue in 2013.
Crewman lost off Latvia A seafarer is presumed dead after falling from a Russian cargoship off Latvia.
New Bentley deal for TK Teekay Shipping has netted a fresh deal with Xcite Energy to provide an FSO for a North Sea field.
Seamec secures work Indian owner Seamec has fixed one of its offshore support vessels (OSVs) to its parent Technip.
Libya opens up Two Libyan oil terminals have been reopened after the government struck a deal with separatist rebels.
Van Oord wins Indo job Van Oord has won a contract for dredging and maintenance work for the western access channel to the Indonesian port of Surabaya.
Mokster back in Spain Norwegian shipowner Simon Mokster has returned to Spain to order a second newbuilding platform supply vessel.
AdvanFort guards freed Thirty-three of the 35 AdvanFort crew and guards arrested in India in a dispute over weapons have finally been freed.
Aground off Hong Kong A German containership ran aground off Hong Kong on Sunday due to adverse weather conditions.
VPA finds tenant for Portsmouth terminal The Port of Virginia has found business for its idle Portsmouth Marine Terminal for the first time since it was closed in 2011. A portion of the terminal will serve for six months as a staging area for automobiles.
Port of Hueneme tests reefer ship plug-in power California's Port of Hueneme has conducted its first operational and safety vessel test of its recently installed grid-based shore-power system. The first vessel to test the new plug-in system was Hamburg Süd's Cap Pasley.
MOL to haul Mexican auto exports to U.S. ports
MOL to stop supplying chassis for store-door moves MOL (America) said it will stop supplying chassis for store-door moves (where a container is delivered to a consignee or shipper's place of business rather than a marine terminal) effective May 1.
Union Pacific to invest $9M in Iowa rail line
Great Lakes coal trade bogged by ice
Delta to upgrade wide-body fleet
WWL adds call at San Antonio, Chile
OIA Global expands in Brazil
U.S. steel exports weaken in February
Ex-Im Bank links with Charleston businesses The U.S. Export-Import Bank has established a partnership with Charleston Metro Chamber of Commerce and World Trade Center Charleston in South Carolina.
Ship runs aground in Hong Kong harbor
Saltchuk to buy Tropical Shipping Saltchuk Resources said it will acquire Tropical Shipping, a company that operates ships between the U.S. and Canada and the islands in the Caribbean and Bahamas, from AGL Resources, an Atlanta-based natural gas utility holding company.
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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