19.08.2009
CHINA state-owned energy tanker and bulker owner China Merchants Energy Shipping saw a 74% fall to Yuan220m ($32.3m) in net profit in the first six months of the year as a result of the weakening global demand.
19.08.2009
MISC is planning to launch a new intra-Asian container service targeting the Halal shipping market.
13.08.2009
GERMAN container line Hapag-Lloyd reported operating losses of €192.1m ($274.1m) in the second quarter of 2009, compared with a €115.2m profit in the corresponding period of 2008, Hapag-Lloyd shareholder Tui announced today.
10.08.2009
Favourable exchange rates and rising sales lead MODEC to boost first half profit forecast.
07.08.2009
Japanese shipbuilder’s first quarter bottom line shoots up over 100% as it sticks by ambitious full-year target.
07.08.2009
Herbjorn Hansson’s Nordic American Tanker Shipping posts small Q2 loss but its figures trump estimates.
31.07.2009
Japan’s Meiji Shipping is staring at a drastically reduced annual net profit despite pos.
31.07.2009
GE Shipping’s Q1 profit slumps by two thirds with its dry-cargo earnings hit hardest.
17.07.2009
Brazilian authorities are kicking up a stink after 64 shipping containers packed with rubbish.
17.07.2009
Kobe Steel signals extent of shipbuilding downturn as it cuts production of main engine crankshafts.
16.07.2009
Rising costs will slice first half profit in half at Guangzhou Shipyard International.
16.07.2009
Firefighters take nearly four hours to extinguish fire in hold of Turkish cargoship at Istanbul.
09.07.2009
An appeals court in Chile suspended on Thursday an order by a mayor to close a BG Group LNG import terminal as its commissioning cargo arrived.
09.07.2009
Four workers have been killed at China’s Dayang Shipbuilding and two other workers were seriously injured in the incident.
02.07.2009
Improved showing from all of its units lifts second quarter profit by 92% at Oslo-listed Stolt-Nielsen.
25.06.2009
Wartsila chops 77 staff at its Ship Power unit in Finland as it presses on with EUR 30m cost cutting drive.
18.06.2009
Europe reports less maritime accidents in 2008 but tanker incidents are on the rise.
11.06.2009
Pirates lived like daemons, high on drugs and treated captured crew like animals, says Yenegoa Ocean captain.
04.06.2009
On June, 4th the St.-Petersburg representation of company Ridgebrook Ventures celebrates the Birthday. Throughout all existence of the company the large quantity of sea transportations worldwide, international and in the Russian automobile carriages, carriages package freights and oversized has been organised. Now Ridgebrook Ventures has proved, as dynamically developing company in the market of transportation services. As acknowledgement to that, the introduction of the company into Chamber of commerce and industry, the St.-Petersburg Union of Businessmen, sharing in annual international exhibitions «TransRussia», «BalticBuild» staff increase, considerable expansion of a circle of clients serves!
04.06.2009
Bulker spending reaches post crash high in May as China dethrones Greece as leading buyer.
28.05.2009
Union claims 800 of 2,400 workers at Indonesian yard could be made redundant.
21.05.2009
Philippines ports company goes to court over running of passenger terminal two at Batangas.
14.05.2009
Robert Brunck-led offshore operator’s first quarter profit drops as it misses analysts’ forecasts.
07.05.2009
Cosco says shipping and economy will not turn the corner any time soon as it reports 60% drop in first quarter profit.
30.04.2009
New York-listed offshore owner sees larger fleet boost its bottom line.
27.04.2009
Pirated tanker Stolt Strength en route to safety of Salalah after US Navy chips in bunkers.
15.04.2009
Tokyo MOU reports huge hike in detentions as market boom kept old ships on the water.
09.04.2009
Depressed trading conditions could see UK port group chop 15 Humber Estuary pilots.
02.04.2009
Niels Stolt-Nielsen says shipowner’s first quarter results reflect last year’s panic in the global credit markets as its profit dives.
26.03.2009
Declining bulker and boxship earnings and a host of write-downs lead Japanese shipping giant to slash profit forecast.
19.03.2009
DryShips secures $630m drilling deal with Petrobras in the Black Sea.
13.03.2009
Nordea slices North Sea AHTS rate estimates by a fifth due to newbuilding crunch and reduced E&P spending.
06.03.2009
US authorities are investigating why a tanker grounded near Galveston, Texas, even though it had pilot help and was within draft restrictions.
06.03.2009
Martin Midstream Partners reported revenue improvements in both its terminal and barge businesses, but headwinds in 2009 are leading the company to sell assets.
06.03.2009
Nigerian gunmen have hijacked four vessels in a key oil and gas porduction area and seized two people aboard a passenger ferry, reports say.
19.02.2009
Shipping Corp of India (SCI) has teamed up with Hull & Hatch Lines (H&H) of the UAE to launch a new Red Sea container service.
19.02.2009
The arrival of newbuildings and higher income from its offshore fleet pushed up fourth quarter profit at Hornbeck by over a third.
19.02.2009
HD Ferries has pulled its services linking the Channel Islands with France claiming the route is not viable.
17.02.2009
Singapore’s two container terminal operators have both reported near 20% slides in container throughput for January.
10.02.2009
Strengthening bulker freight rates continue to have a positive knock-on effect on secondhand vessel values.
10.02.2009
Heavy lift player Dockwise has sold two older vessels to focus on “premium cargoes” with its remaining fleet.
10.02.2009
A UK accident report has condemned the complacency and chaos on board the freight ro-ro Moondance (built 1978) as it grounded off Northern Ireland.
04.02.2009
Baltic ferry player Scandlines has watched passenger and vehicle numbers drop in 2008 as economic woes hit home in the second half.
04.02.2009
Two workers at Ghana’s Tema Shipyard have died after being electrocuted.
04.02.2009
Abbot Point, Australia’s most northerly coal port, has been put out of action by a severe storm.
04.02.2009
MOL is teaming up with two other shipowners and a Vietnamese company to develop a container terminal in the Cai Mep region of Vietnam.
19.01.2009
Shifting sentiment in the sector and expectations that rate drops will hurt Stolt’s fourth quarter earnings are behind the move, the bank says.
19.01.2009
The 79,000-dwt self-discharging bulker Edwin H Gott (built 1979) has suffered a three-foot crack in its hull after hitting a pier in the US.
19.01.2009
MISC Berhad has chopped an order for eight tankers at a South Korean shipyard in half.
19.01.2009
Pancoast Trading and Tankerska Plovidba are believed to be the owners behind the cancelled orders at China’s JES International Holdings.
14.01.2009
An Orient Steamship (Canada)-owned capesize with 28 deficiencies was one of four bulk-carriers to fall foul of inspectors in the UK in November.
14.01.2009
Giant Russian tanker owner Sovcomflot is planning to order a series of bunker vessels at the domestic Nevsky Shipyard.
14.01.2009
Singapore’s PSA International has seen a year-on-year increase of 7.3% in volumes, but has warned of tough times ahead.
10.12.2008
The Indian master and chief officer of the Hebei Spirit VLCC have been jailed for their part in South Korea’s biggest oil spill
10.12.2008
Fairstar has bagged a $4m boost in its overdraft to secure the additional finance it needs for the first half of 2009
10.12.2008
Troubled Norwegian cruise and ferry player Hurtigruten has received a NOK 79m ($11.20m) shot in the arm after a court victory over the state.
01.12.2008
Plans are afoot to turn Scottish naval shipyard Nigg into a major ferry builder.
01.12.2008
John Fredriksen’s Frontline is facing delays of up to five months on eight suezmax newbuildings on order at Rongsheng.
27.11.2008
PetroProd has sold two laid up tankers in a bid to clear its debt, its chief executive says.
27.11.2008
A new Saudi-owned ferry company will launch operations next year from Jeddah on the Red Sea.
11.11.2008
Likely newbuilding delays or cancellations due to difficulty in securing credit, however, could provide the stimulus for a recovery, the South Korean owner also contends.
11.11.2008
A Great Eastern (GE) Shipping bulker had to call on the help of the Indian Navy to foil a suspected pirates attack in the Gulf of Aden on Tuesday
30.10.2008
Japanese tanker owner Kyoei Tanker has raised its annual profit forecast as revenues improve
30.10.2008
Baltic ferry owner Scandlines is pulling its ro-ro service from Denmark to Klaipeda in Lithuania due to falling demand and rising costs.
29.10.2008
Norway’s Havila Shipping has bought an anchor handling tug supply (AHTS) newbuilding from PACC Offshore
Oslo-listed Havila says it will pay $22m for the 10,000-bph unit on order at a Malaysian shipyard.
14.10.2008
Soaring expenses and higher finance costs set Norway’s IM Skaugen back in the third quarter as net profit slumped 60%.
14.10.2008
Carnival is cutting fuel surcharges on six of its brands for all cruises from 2010, but it is also set to increase prices on those very same voyages.
14.10.2008
The shipowner was hoping to reorganise, but now admits it is not an option.
06.10.2008
The owner and manager of the 43,500-dwt chemical carrier Nautilus (built 1998) are to be prosecuted by the United States over the alleged discharge of oily water from the vessel through a nine month period.
06.10.2008
The warning from BNP Paribas comes as newbuilding contracts sank by over 60% in September.
19.09.2008
Korean shipbuilder Hyundai Heavy Industries (HHI) has been downgraded by the HSBC bank as an indirect result of the global financial crisis.
19.09.2008
Aries Maritime Transport has reported increased quarterly profits thanks to the sale of three vessels, but revenues took a hit from utilisation rates.
19.09.2008
Russian tanker giant Sovcomflot has posted its best ever profit in the first six months in strong freight markets.
19.09.2008
Uni-Asia Finance Corp has purchased a handysize bulker newbuilding resale from China for $30m.
02.09.2008
The 4,250-teu New Delhi Express, which is operated by Hapag-Lloyd, grounded early on Saturday afternoon outside Karachi port.
02.09.2008
Two hijackings in ten days have led MISC to call time on its vessels transiting the Gulf of Aden.
02.09.2008
A P&O cross-Channel ferry has been taken out of service after it was damaged in an incident in Calais at the weekend.
27.08.2008
CMA CGM has signed a fifty-year concession agreement to build and operate a container terminal in the Port of Tianjin, North China.
27.08.2008
UPS Freight has improved transit times on more than 1,200 traffic lanes originating in the US Midwest, Northeast and Mid-Atlantic.
27.08.2008
CMA CGM has signed a fifty-year concession agreement to build and operate a container terminal in the Port of Tianjin, North China.
27.08.2008
UPS Freight has improved transit times on more than 1,200 traffic lanes originating in the US Midwest, Northeast and Mid-Atlantic.
24.08.2008
Dalian Port plans to build an oil terminal with designed capacity of 300,000 metric tons with PetroChina.
24.08.2008
Maersk Line will combine three Asia-Australia services into one single pendulum loop.
18.08.2008
More than 70% of potential savings and service enhancements in a supply chain come from the re-engineering and integration of logistics processes, writes Philip Wylie, COO of Barloworld Logistics' freight forwarding division.
12.08.2008
Hanjin Shipping christens its new 4,300 TEU vessel; UASC names its latest 6,919 TEU ship.
12.08.2008
Seko Synergy has launched a new company in Johannesburg and Durban to support exporters and importers in South Africa.
11.08.2008
AirBridgeCargo Airlines has appointed Airnautic France as its cargo general sales agent in France.
11.08.2008
THE future of cash-strapped Chinese container line Shandong Yantai International Marine Shipping has been thrown into question after takeover talks appear to have broken down.
11.08.2008
TAIWANESE shipmaker CSBC Corp is on its way to clinching a $300m bulk vessel order from Taiwan Power Co, and is in talks with Yang Ming Marine Transport on a new order for six container vessels.
05.08.2008
By Mike Grinter in Hong Kong
05.08.2008
NYK Logistics (UK) was presented with a total of fourteen Quality Management certificates: nine sites have been accredited to the ISO 9001 Quality Management standard and five to the ISO 14001 Environmental Management standard.
04.08.2008
Kuehne + Nagel has strengthened its foothold in Saudi Arabia by becoming the first global logistics provider to operate a wholly owned subsidiary in the Kingdom.
04.08.2008
Asia Asia News General Freight Road Sea
29.07.2008
DSME's union said it should be consulted at each stage of the sale.
29.07.2008
SAMUDERA Shipping Line is upbeat about the container shipping market and said it will continue to add to its fleet.
24.07.2008
NEPTUNE Orient Lines has for the first time officially confirmed its interest in acquiring Hapag Lloyd.
24.07.2008
SHANGHAI International Port Group is seeking to invest in Taicang port in eastern China to extend its reach further along the Yangtze River.
21.07.2008
WEI Jia Fu, the charismatic chairman of Singapore-listed Cosco Corp will step down from his post on Tuesday due to his engagement as president of China Ocean Shipping (Group) and chairman of China Cosco Holdings.
21.07.2008
IT WILL be up to the DP World board to decide at the end of the year if the company is to present its investors with a dividend to ease the pain of its weakened share price, chief executive Mohammed Sharaf told Lloyd’s List in Sydney yesterday.
18.07.2008
CHINA’S Jiangsu New Yangzi Shipbuilding Co has won orders worth more than $120m in total for two post-panamax vessels from electricity group Guangdong Yudean Group.
18.07.2008
THE stricken bulker Atlantic Eagle has been towed closer to the coast of Western Australia, the Australian Maritime Safety Authority and state Department for Planning and Infrastructure reported today.
17.07.2008
Captain Jasprit Chawla, left, and Syan Chetan could face at least another year in South Korea.
17.07.2008
Intertanko is urging its members not to take bunkers outside port limits in Singapore.
16.07.2008
THE Italian government is considering a proposal for a major new research and development project for the sea, covering a broad range of areas from maritime transport to sustainable fishing to coastal protection.
16.07.2008
DELAYS in deliveries of raw materials to Japan’s leading shipyards are growing worse, a local survey revealed yesterday.
15.07.2008
DISCREPANCIES of up to $12,300 per day for the same rate assessments of key tanker routes have emerged between the Baltic Exchange and major derivatives broker Imarex.
15.07.2008
SKY-high fuel prices and falling rates will force container lines into off-hiring vessels, according to Neptune Orient Lines chief executive Ron Widdows.
14.07.2008
POSCO, South Korea’s largest steel mill, said Monday its second-quarter operating profit soared by 51.2% to Won1.89trn ($1.89bn), adding to its war chest for its bid for a stake in Daewoo Shipbuilding and Marine Engineering.
11.07.2008
MORE than one-third of the piracy incidents reported worldwide in the first six months of this year took place in Somalia and Nigeria.
11.07.2008
SINGAPORE’S de facto central bank has fined the former financial controller of Cosco Corporation Singapore S$320,000 ($235,300) for insider trading.
09.07.2008
THE European Commission has ended its marathon six-year investigation into the legality of state aid given by successive French governments to Mediterranean ferry operator SNCM, clearing the French state on all counts.
09.07.2008
THE crew of a Gibraltar-flagged ship hijacked by pirates off Somalia were praised for their "courage and fortitude" yesterday, as news emerged that their 41-day ordeal had come to an end.
03.07.2008
MARITIME Capital Shipping’s planned initial public offering in Singapore has become the latest victim of uncertain global financial markets.
03.07.2008
A NEW series of 16 containerships ordered for Maersk Line will have a record amount refrigerated cargo capacity.
02.07.2008
CMA CGM chairman Jacques Saade has become the first shipowner to publicly voice concern about container shipping prospects, warning that the liner sector can expect to suffer from the effects of economic slowdown for the next 18 months at least.
02.07.2008
THE Asian Shippers’ Council has blasted an emergency bunker surcharge imposed by eight container lines in the Taiwan – Hong Kong/South China trade as setting a “dangerous precedent”.
01.07.2008
SHANGHAI-LISTED Guangzhou Shipyard is looking to buy Wenchong Shipyard from its parent China State Shipbuilding Corp.
01.07.2008
BRAZILIAN shipyard Eisa has signed a memorandum of understanding with the state government of Maranhao to develop a R$350m ($218.1m) facility close to the port of Itaqui.
01.07.2008
THE Philippines authorities have found deficiencies with seven other passenger vessels belonging to Sulpicio Lines.
26.06.2008
TRANSPACIFIC lines held a top level meeting with shippers this week as the two sides grapple with a rapid shift in US trade flows that is creating a new set of logistics headaches.
26.06.2008
THE world’s largest shipbroking and shipping services group, Clarkson, has settled the claims brought by Russian shipping companies Sovcomflot and Novoship, at the cost of a “further and final” provision of ?13m ($25.8m).
26.06.2008
GERMAN shipping and tourism group Tui wants to retain ownership of the Hapag-Lloyd brand name after selling its container transport division.
25.06.2008
AP Moller-Maersk has signed an agreement with Hyundai Heavy Industries for the delivery of eighteen 4,500 TEU container vessels in 2011 and 2012.
25.06.2008
TNT's Express Freight, Economy Freight and Freight Plus are now available in Singapore, Malaysia, Thailand and Indonesia, and will be introduced in other markets by the end of the third quarter 2008.
24.06.2008
MASTERBULK, the forestry shipping specialist owned by the Westfal-Larsen family, is eyeing opportunities in the wider dry bulk markets as longstanding Norwegian joint-venture Star Shipping splits.
24.06.2008
PHILIPPINES president Gloria Arroyo has ordered a review of Coast Guard procedures as up to 800 are missing after the ferry Princess of the Stars capsized in a typhoon.
24.06.2008
THE master and chief officer of the Hebei Spirit, the very large crude carrier involved in South Korea’s worst oil spill, have been cleared of all charges related to the collision with a crane barge last December.
17.06.2008
PHILIPPINES tanker-owner Herma Shipping and Transport is investing $55m in tanker newbuildings and double-hull conversions at its own shipyard.
17.06.2008
ENCO Shipping & Trading has agreed to acquire six drybulk newbuildings from Lambert Navigation, Northville Navigation, Providence Navigation and Prime Bulk Navigation for an aggregate purchase price of $530m.
17.06.2008
MARITIME Capital Shipping aims to nearly double its fleet of handysize dry bulk vessels by end of 2009 on the back of its forthcoming initial public offering in Singapore.
16.06.2008
THE ports and docks federation of France’s CGT union confederation has called on its members to stage a two-day strike on Tuesday and Wednesday to coincide with the presentation of the government’s port reform bill to the National Assembly.
16.06.2008
CONTAINER lines likely to be hit by the fall-out from another mega merger are already drawing up contingency plans.
16.06.2008
SOUTH Korea’s busiest port is feeling the strain as a national truckers strike moves into its second week. Local reports have indicated that container yards at Busan North Port are more than 85% full compared to a more usual 72% of capacity.
11.06.2008
CAPESIZE freight rates could hit $300,000 a day with the market only starting to level out in 2010, according to Tata NYK Shipping.
11.06.2008
CHINA Shipping Container Lines’ offshoot, CSCL (HK), has signed contracts worth $559.8m with Chinese shipyard Shanghai Jiangnan Changxing Heavy Industry for eight 4,250 teu boxships.
10.06.2008
HIGH oil prices are set to stay, driven by an imbalance in demand and supply, warned top oil industry executives and politicians.
10.06.2008
SOUTH Korea’s Hyundai Mipo Dockyard said today that it had received an order for four 37,000 dwt handysize bulk carriers worth a total Won163bn (US$159m).
10.06.2008
A BLAZE on supply vessel under repair at Kreuz Shipbuilding in Singapore left one dead and 14 injured.
07.06.2008
CONTAINER lines will have one final attempt next month to collectively stop the slide in Asia-Europe freight rates before the conference system is disbanded.
06.06.2008
THOUSANDS of import containers piling up at terminals in Ho Chi Minh City are causing severe congestion and delays at Vietnam’s main gateway port.
26.05.2008
UPS is moving its intra-Asia air hub from the Philippines to Shenzhen, and has launched flights to and from Nagoya, Japan.
14.05.2008
CHINA Cosco Holdings has shown its faith in the container shipping market after it exercised options at Jiangsu New Yangzi Shipbuilding for four 4,250 teu boxships costing about $280m.
14.05.2008
Singapore-listed NOL reported a first quarter net profit of $121m up 183% year-on-year. Revenues for the first quarter stood at $2.4bn a jump of 27% compared to the previous year.
05.05.2008
Qantas Freight Enterprises has signed an agreement to purchase national trucking business Jets Transport Express, which specialises in interstate airfreight movements.
05.05.2008
PD Ports and Tesco have announced plans to develop a new import centre at Teesport in the North East of England.
05.05.2008
SEEMINGLY undistracted by controversially leading DryShips into a massive diversification in the offshore sector, George Economou has confirmed a new round of acquisitions and disposals at the Nasdaq listed bulker company.
05.05.2008
KOTUG Le Havre subsidiary SNRH is to seek an emergency injunction to block the suspension of its operating licence by the port of Le Havre authority, claiming that the French authorities had caved in to union pressure.
29.04.2008
Lufthansa Cargo, AiRUnion and Krasnojarsk Airport have signed a Memorandum of Understanding covering a strategic co-operation.
29.04.2008
WHEN Lloyd’s List called in on John Ochs recently, the managing director of APM Terminals Pacific had some gleaming new silverware in his office.
29.04.2008
Marseilles port: At least 14 ships had to be turned away.
24.04.2008
HAMBURG shipowners and operators are increasingly forced to hire fresh blood from other training and college sectors than the ‘shipping clerk’ apprenticeship schemes that form the backbone of industry recruitment in Germany.
24.04.2008
TAIWANESE container giant Evergreen appears to have fallen foul of the credit squeeze amid reports that plans to deploy a series of 12,400 teu ships are coming apart.
24.04.2008
EFFORTS to improve the profitability of container services from northern Europe to Asia are being ramped up after an apparently successful start to last year’s campaign to reject low-paying cargo.
18.04.2008
THE Netherlands projected huge power through maritime trade but also celebrated it in subtle forms.
18.04.2008
Maersk Line has formed a vessel sharing agreement with Malaysias MISC.
18.04.2008
TransCore will add StarTrak’s ReeferTrak RT-6000 to the portfolio of satellite communication products offered to North American carriers. Customers will access the full ReeferTrak service directly through StarTrak’s wireless network.
18.04.2008
Shipping Pool Investors Inc (SPII) has entered into a definitive agreement to purchase a 49% stake in Heidmar.
07.04.2008
RECENTLY-listed ports giant DP World posted a 52% growth in post-tax profit last year as it emerged unscathed from US economic slowdown and the dollar’s decline.
02.04.2008
Menzies Aviation wins Delta Air Lines Cargo contract at London Heathrow; Cargo B appoints GSSAs for the UK & Ireland; Culina wins a major contract with Cadbury; five more companies sign up for SkyBitz’ asset tracking.
02.04.2008
TransCore recently installed and commissioned new earth station equipment to support the addition of a second satellite communications channel by its regional partner, Skygistics, a South African company that specialises in wireless systems to track, monitor and control trucks and other mobile assets throughout Africa.
02.04.2008
ProLogis is to build its UK industrial space according to BREEAM environmental standards, and has pre-leased distribution space in China to Jinji Total Logistics; AMB Property Corp has leased space in a development at Narita International Airport in Tokyo to Nippon Express and Crocs Asia, and has acquired a development site at NY/NJ seaport.
28.03.2008
Yellow Transportation, in co-operation with YRC Logistics Global, is offering expedited ocean service for guaranteed on-time delivery of LCL shipments moving from China to the US.
28.03.2008
Agility is expanding its network in the Eastern European markets. On April 1st, Agility Austria will commence operations in Salzburg, with a second office opening in Vienna later in the month.
28.03.2008
The GAC Group has announced the amicable acquisition of 100% of UK-based shipping and logistics group, OBC, effective March 31.
17.03.2008
Yesterday, Alitalia's board unanimously accepted Air France-KLM's bid to acquire the airline in a deal valued at €138 million.
17.03.2008
A 100% increase in the cost of stowaway incidents in the past ten years means that stowaways cost the international shipping industry more than $20 million per year.
17.03.2008
The ability of cargo ships to literally “sail” opens a new chapter in the history of commercial shipping, said Capt Lutz Heldt on his return from the nearly two-month maiden voyage of the multi-purpose heavy-lift project carrier, Beluga SkySails.
17.03.2008
OOCL Texas named at Yangshan Deepwater Port, Shanghai
03.03.2008
FELIXSTOWE was shovelling up the pieces on Monday after two box cranes collapsed into mangled metal after a vessel delivering three new gantry container cranes to the UK port broke free of its moorings in high winds at the weekend.
03.03.2008
The industry rumour mill is at it again, with reports that 3i is considering selling off ABX Logistics for around €600 million, substantially more than it paid eighteen months ago when it bought the company from SNCB for a reported €80 million.
27.02.2008
Far East Transport Group and the Finnish Railways have organised to ship containers by rail from Kotka in Finland to Far East Trasnport’s own container terminal in Tuchkovo in the Moscow region.
18.02.2008
OOCL Honored For Community Partnerships in Long Beach
18.02.2008
ProLogis will develop more than 262,000 sq.ft of warehouse space to NHS supplier, Teva UK, in ProLogis at Glasshoughton, a new industrial building planned for development near Leeds in northern England.
15.02.2008
Global freight transportation management company, Active On-Demand, has been selected by Ford Motor Co as one of several firms recently named to the automotive company’s preferred supplier’s list.
15.02.2008
One side-effect of the world of modern logistics is that Germany's national postal service can hardly afford to use trains to move packages these days.
14.02.2008
The International Brotherhood of Teamsters has ratified new labour contracts with YRC Worldwide and ABF Freight, and a National Master Freight Agreement.
14.02.2008
Most shippers negotiating rates with shipping lines would not trust a price index created from data supplied by the lines themselves.
14.02.2008
Freight Systems announces strategic management changes; UTi Worldwide appoints a new chairman; CEVA expands contract logistics business development team.
14.02.2008
According to a notice dated February 5th on the Bombay Stock Exchange website, PSA India has agreed to buy into two of ABG Infralogistics’ container terminals.
14.02.2008
Acceptances for Toll’s takeover offer of BALtrans Holdings has now exceeded 95% of the issued share capital, resulting in Toll achieving a the right to compulsorily acquire all remaining BALtrans shares and fully integrate BALtrans with its existing operations.
13.02.2008
Mitsui OSK Lines has established a new agency called Trans Russia Agency Japan Co, in a joint venture with the Far Eastern Shipping Company (FESCO) and Azuma Shipping Co.
13.02.2008
The International Brotherhood of Teamsters has ratified new labour contracts with YRC Worldwide and ABF Freight, and a National Master Freight Agreement.
12.02.2008
By Marcus Hand in Singapore
12.02.2008
Mitsui OSK Lines has established a new agency called Trans Russia Agency Japan Co, in a joint venture with the Far Eastern Shipping Company (FESCO) and Azuma Shipping Co.
11.02.2008
Empties are needed in Santos for the strong northbound trade to northern Europe and the US.
11.02.2008
The coal will be shipped to Guangzhou.
11.02.2008
A motorised roller for prow sails produced in Forlì wins first prize.
11.02.2008
Deep-draught vessel transits in the lower Mississippi River remain severely curtailed following the sinking on Saturday of a salt barge.
08.02.2008
SEOUL 05 February – Two crew have died and another is missing from the cargo ship 88 Keum Young following a collision with the tug Sunkwang near Jakyakdo, Inchon yesterday.
08.02.2008
ROTTERDAM 5 February – After a three-day struggle with salvors, the grounded heavy-lift carrier Zhen Hua 10 finally surrendered last night.
08.02.2008
UPS reported that Q4 revenue improved 6.1%, to reach US$13.4 billion, driven by a double-digit increase in international export volume, growth and firm pricing in the US package business and market-leading shipment gains at UPS Freight.
08.02.2008
FedEx Kinko's will open its new location in South Bend yesterday.
08.02.2008
Liverpool’s biggest commercial landlord, Downing, has secured a blue-chip letting for the first of its newly-refurbished suites at the Port of Liverpool Building.
25.12.2007
In January-March 2007, Seaport of St. Petersburg handled 2747 thou tons
(+21%), the port’s Direction on Internal and External Communications
reports.
29.08.2007
NYK Logistics has launched a rail freight service between Southampton and inland freight terminals at Tamworth (BIFT) and Daventry (DIRFT), helping customers to avoid port and road congestion.
29.08.2007
Rand Logistics subsidiary, Lower Lakes Towing, has acquired two conventional bulk carriers from the Voyageur group of companies for C$25 million (approx. US$23.7m). The subsidiary has also entered into a contract of affreightment with Voyageur for the exclusive use of a third vessel and secured an option to acquire this vessel for C$5 million.
28.08.2007
Kawasaki Kisen Kaisha (K-Line) will launch a new container service between Asia and the Black Sea, in partnership with Yang Ming, China Shipping and ZIM.
28.08.2007
Safmarine will launch a second direct weekly shipping service between West Africa and Asia - the Far East West Africa 2 (FEW 2) service – to boost the growing trade between the two regions.
28.08.2007
Evergreen Marine (Taiwan) and Wan Hai Lines will co-operate to enhance their already extensive intra-Asia networks with the launch of the Japan-Thailand Express (NSE/NS6) service.
27.08.2007
World Courier has extended its network in China to 36 major cities, enabling the company to offer cold chain transport services for biological specimens, investigational drugs and supplies to every clinical trial location currently approved by the Chinese State Food & Drug Administration.
24.08.2007
On August 20 FESCO Transport Group (RTS: FESH/FESHG) and Commercial Port of Vladivostok (RTS: VMTP) held a joint press conference, where parties announced the final agreement to enter into the transaction, after which FESCO will own 100% of M-Port Ltd, the entity which in turn owns 95.2% shares in OJSC “Commercial Port of Vladivostok”.
24.08.2007
DHL and OOCL have reported trade disruptions in Bangladesh, India, Mexico and the Caribbean.
21.08.2007
As a result of FESCO Transport Group’s recent acquisition of ESF Euroservices, a Baltic feedership operator with service between continental Europe and Russia, FESCO North America will now offer weekly containerised service to Western Russia from various ports and points in North America.
17.08.2007
Hutchison Port Holdings (HPH) and joint venture partner Saigon Investment Construction & Commerce (SICC) have announced that construction work for Saigon International Terminals Vietnam (SITV) has begun.
16.08.2007
Trade Tech has developed a cost effective online application to meet the new 24-Hour Rule Advance Manifest System (AMS) for Mexico, which, effective September 1st, requires manifests be filed electronically 24 hours prior to cargo loading for Mexican Customs Authorities. The application is currently the only alternative to filing directly through the web site of the Asociación Mexicana de Agentes Navieros AC (AMANAC).
14.08.2007
Odfjell and Dalian Port (PDA) Co., Ltd., a Hong Kong public listed company on the one side, and Caofeidian Industry Zone (CFDIZ) on the other side, have signed an agreement for the development of a world class tank terminal for oil and chemical products, including chemical gases. Odfjell and Dalian Port will form a joint venture company to design, build and operate this new tank terminal, which will be located within the CFDIZ, the largest reclaiming of port land in the history of China totalling impressive 310 square kilometers.
