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Click here for information on advertising in print or online. | | | | | | | | UASC places US$1.4B boxship contract
Dubai-based United Arab Shipping Company (UASC) is to invest US$1.4B in new ships, a move that will see it forge an even closer relationship with China Shipping Container Lines (CSCL) and at the same take control of the largest containerships in the world....
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Every picture tells a story?
Does this CGI of London Gateway tell us anything about the identity of the first Asia-Europe carrier?...
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Timor-Leste invites bids
Private sector bids are being solicited for a PPP to develop the Port of Tibar Bay...
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Peel Ports continues Liverpool upgrade
Peel Ports has awarded Farrans Construction in £9M contract to upgrade Gladstone Lock and the container terminal quay...
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Challenges for Thamesport?
This smaller part of Hutchison Ports (UK) Ltd is faced with a reduction in throughput...
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New Clean Truck proposals
New legislation is being introduced in Washington...
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CargoWise for CMA CGM Logistics
CMA CGM Logistics will adopt ediEnterprise through CargoWise's WiseCloud cloud technology...
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GAX calls Port Everglades
Hapag Lloyd's PHILADELPHIA EXPRESS recently made the first GAX call at the South Florida port...
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More auto business for Novorossiysk
Global Container Services has won two more customers for the supply chain services it operates via the Russian port of Novorossiysk...
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Naming Ceremony for EVER LIVING
Evergreen Group has held the naming ceremony for its first L-type vessel built by CSBC Corporation in Taiwan, the EVER LIVING...
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Hoist books major US DoD deal
The Illinois-based lift truck maufacturer has won a rolling contract of major proportions from the Defense Logistics Agency...
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Invitation for Expression of Interest
Public Private Partnership: Tibar Bay Port | | |
The Government of Timor-Leste, through the Ministry of Transport and Communications, is seeking to develop Tibar Bay Port and wishes to invite private sector participation to enter into a Public Private Partnership arrangement for the Project.
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G4S inks security pact with TMSA/TMPA
Morocco's Agence Speciale Tanger Mediterranee (TMSA) and Tanger Med Port Authority (TMPA) have signed a three year deal with G4S, the world's largest secur ity outsourcing group....
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Portek books more crane upgrade jobs
Singapore-based Portek International, part of Mitsui group, has reported several orders for port crane upgrades worth around US$5M in total....
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Growing interest in Sao Tome
Brazilian and Angolan companies have expressed an interest in bidding to develop a new deepwater container port on the island of Sao Tome in the Central African state of Sao Tome and Principe. The country's Prime Minister Gabriel Costa has revealed that several unnamed Angolan companies are interested in developing the project....
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New tracked Stormajor
Samson Materials Handling, part of Germany-based Aumund Group, has launched Stormajor BF40415, a tracked derivation of the popular rubber-tyred Stormajor principle for stockpiling, barge loading, ship loading and rail wagon loading. The new design is aimed at arduous applications on rough surfaces and can deliver a capacity of 625 m3/h for products with densities of up to 1.6t/m3....
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FLT tie-up in France
The Bozoni Auramo and Meyer brands of fork lift attachments are now under one roof in France. Italy-based Bolzoni group acquired Germany's Hans H Meyer Group in 2006, but it has taken time to work through the brands and dealerships and bring everything together. The French tie-up follows hard on the heels of the tie-up in Italy....
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Kalmar in SITA crane refurbishment deal
Kalmar, part of Cargotec, has won another order to retrofit and upgrade STS cranes, following on from recent awards in Argentina and the completion of a major crane height raise project at the MSC Home Terminal in Antwerp....
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Ortec launches new radiation monitor
US-based Advanced Measurement Technology Inc (AMETEK)'s Ortec Products Group has launched a new spectroscopic portal monitor designed for primary radiation screening in container, truck, rail and air cargo applications....
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Apapa prepares for RTGs
Five new eco-RTGs are scheduled for delivery to APM Terminals (APMT)'s Apapa terminal in Nigeria within the next month as part of the third phase of a US$135M upgrade programme....
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ICTSI to take legal action against BSP
Manila-headquartered terminal operating company International Container Terminal Services Inc (ICTSI) is to seek judicial arbitration over what it describes as an "extremely adversarial approach" from the new management at Batumi Sea Port (BSP) over its container, ferry and general cargo operations at the Georgian port....
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Green light for Santos terminal
Brasil Terminal Portuario (BTP), the new container and liquid bulk handling facility at the Brazilian Port of Santos, has finally received an operating licence from The Brazilian Institute of Environmental and Renewable Natural Resources (IBAMA)....
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Taranto dispute settled
The dispute over bulk handling rights that threatened the 300M plans to upgrade Taranto Container Terminal (TCT) for Hutchison and Evergreen appears to have been settled....
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Pasajes to go under regional control?
The Basque autonomous government in Spain has called on the Financial Development Ministry in Madrid to allow it to take over the management of the Port of Pasaia (Pasajes)....
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New Zealand firm in Fiji joint venture
A joint venture between New Zealand's United Containers Ltd (UCNZL) and Fiji's Hong-Tiy family has opened a new container depot in the Pacific nation's capital, Suva, which is playing an increasing role as a hub port for regional and east-west mainline services....
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Brazil earmarks 50 concessions
Brazil's president Dilma Rousseff has released the names of the first 50 port terminals that could be constructed by the private sector using the new regulatory framework that came into force on 5 June. One of these is located at Guaruja, at the start of the access channel to the Port of Santos, which is being promoted by the Brazilian branch of the Italian multinational company Saipem....
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Himoinsa adds RTG gensets
Spain-based Himoinsa, which specialises in the manufacture and sale of power generation systems, recently supplied gensets for five rubber-tyred Paceco Transtainers built by Paceco Espana SA....
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Konecranes breakthrough in Oz
Konecranes has confirmed an order for four RMGs from Asciano's Pacific National (PN), Australia's largest private rail freight operator. The investment in these cranes is part of larger modernisation projects at PN's terminals in Sydney and Melbourne. The cranes will be delivered during 2014 and 2015, two of them to Sydney Freight Terminal (SFT) and two to Melbourne Freight Terminal (MFT)....
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Nooteboom delivers major order to ALE
UK-based, global heavy lift and transportation specialist ALE recently placed a multi-million euro order with Nooteboom Trailers for 16 vehicles for the transport of wind turbine parts. Almost all the (mostly 8-axle) extendible semi low-loaders and 4-axle Quatro extendible Telesteps have by now been delivered....
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LPS 600s in Gdansk
Two Liebherr LPS 600 rail portalmounted cranes for dedicated bulk handling have recently been delivered and installed at Port Polnocny Co Ltd (PPS), the Sea-Invest group company in the Port of Gdansk....
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Container weighing from Strainstall
UK-based Strainstall Marine states that its container weighing system (CWS) will soon be in use in the Port of Felixstowe and is being considered by other operators in Europe, Chile and North America. Available in numerous formats, a twistlock version of the CWS has already been installed on a straddle carrier spreader in Tilbury....
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Melbourne not for sale
In an announcement greeted with some scepticism in political and industry circles, new Victorian Ports Minister David Hodgett has declared that the state government has no intention of privatising the port of Melbourne....
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Calabar controversy
After at least eight years' delay, the Nigerian Ports Authority (NPA) revealed earlier this year that a contract to dredge the port of Calabar would be awarded by July. Calabar, which is located in the far south east of the country, was historically a very important port, but a combination of silting, underinvestment and the domination of the Lagos ports have seen it lose ground. As planned, the dredging project and a contract to maintain the harbour's access channels have now been awarded to Niger Global Engineering....
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Kombiverkehr expands in Rostock
Germany's Kombiverkehr, part of DB Schenker Rail and Europe's biggest UIRR company, has announced a major expansion programme in the German Baltic port of Rostock. Rostock Trimodal GmbH (RTM), in which Kombiverkehr has a 25.2% stake and Port of Rostock vehicles SHRU Beteiligungsfond GmbH and HERO 64.8% and 10% respectively, is increasing its "footprint" by 2-ha to 7-ha....
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Big spend planned in Saudi Arabia
Riyadh-headquartered Saudi Ports Authority (SPA) is planning to spend SAR3.4B (US$914M) on expanding the country's ports, with over 80% of the capital budget earmarked for Dammam where a second 1.8M TEU/year capacity terminal is under construction....
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- Edition: 1507
Headlines
 |
Contents Brazil fines four airlines for cargo cartel
Brazil's anti-trust regulator fined four airlines a total of US$125 million as part of an air-cargo cartel in the country, reported Dow Jones Newswires. Brazil's Administrative Council for Economic Defense, or Cade, imposed a $61.
Virgin Australia $87m in the red
Virgin Australia posted a US$87.6 million full-year net loss, blaming difficult economic conditions, strong competition and one-off costs related to its recently acquired Skywest business, reported Reuters.
Aeroports de Paris profit down 14% in first half
French state-owned airport operator Aeroports de Paris posted a 14 percent drop in first half net profit, hurt by financial charges, reported Dow Jones Newswires. Net profit in the six months ended June fell to US$166.44 million from $192.
DP World first half profit edges up 9.1%
DP World, the world's third-largest port operator, reported a 9.1 percent rise in attributable profit for the first half of the year, but warned of continued uncertainty and challenging market conditions in some regions, reported Reuters.
Creditors give relief to loss-making Zim
Debt-laden Israeli shipping company Zim said it has received support from its creditors as it continues to lose money during one of the worst and longest downturns to hit the industry, reported Reuters.
China Merchants posts interim profit rise
China Merchants Holdings (International) – which saw net profit jump 10.2 percent to US$250.
Cosco to sell more assets to stay in black
China Cosco is disposing of two more assets for US$599.23 million to its parent firm in a last-ditch attempt to avoid a third year of losses after posting an interim loss of $161.65 million.
Hyundai gets order for 10 mega ships
Hyundai Heavy Industries Co Ltd said it won a US$1.4 billion order to build 10 container ships for the United Arab Shipping Co (UASC), reported Reuters.
CMA CGM Q2 revenue down 2.4%
CMA CGM in the second quarter reported consolidated revenue amounted to US$4 billion, up 5.6 percent over the first quarter and down 2.4 percent year-on-year. The year-on-year decline reflected a 6.9 percent increase in volumes carried, to 2.
| | Ballard Pacific rides into Savannah
Ballard Pacific Resources, the primary distributor of Hyper Bicycles, has chosen the Port of Savannah as its gateway to the US southeast.
K + N delivery strike may see beer taps run dry
Deliveries of popular beers and soft drinks to about 30,000 venues could be "severely disrupted" after talks over working conditions and potential Job losses between Kuehne + Nagel and unionised workers ended without resolution, reported The Times.
CEVA opens healthcare hub in Miami
CEVA Logistics, a supply chain management company, has opened a fully compliant healthcare cold chain hub in Miami.
TNT appoints director for global networks
Effective November 1, Martin Sodergard will join TNT Express as group director of Global Networks. Martin Sodergard has extensive experience in international management in the aviation and logistics industries.
Turkey's TAV Airports posts record profits in first half
TAV Airports has posted record first half net profit of US$70.42 million, up seven percent year-on-year, on consolidated revenues of $753.39 million, up 17 percent, reported Mist News.
Emirates plans to double US destinations
Emirates Airline plans to more than double its network of US destinations in the next three to five years to a total of 15 US cities, up from seven currently, a company official said, reported Reuters.
Qantas long-haul revamp turns loss into profit
Qantas Airways swung to a modest annual profit after Australia's biggest airline squeezed costs at its long-haul unit and received compensation from Boeing Co for a series of late plane deliveries, reported Dow Jones Newswires.
Air New Zealand net profit doubles
Air New Zealand continues to outperform it peers, reporting its best net profit since before the global financial crisis, reported Dow Jones Newswires. The carrier's net profit more than doubled to US$146 million in the last financial year, from $55.
Aer Lingus judgment is a set–up, says Ryanair boss
Ryanair boss Michael O'Leary said his airline was the victim of a "set–up" after the UK Competition Commission ruled it must reduce its stake in rival Aer Lingus to below five percent, reported The Daily Telegraph.
Bombardier plans $3.4b joint venture with Russia
Bombardier has unveiled a series of tentative agreements to build and sell its Q400 turboprop in Russia, as the Montreal manufacturer continues to push for inroads into the hard-to-crack country and other emerging markets, reported National Post.
Judge blocks LAN eviction from airport hangar
Chilean Latam Airlines Group won a battle against the Argentine government after a judge blocked an order for the company's LAN Argentina unit to vacate its hangar in the central Buenos Aires airport, reported Dow Jones Newswires.
China Shipping posts $206m loss in first half
China Shipping Container Lines (CSCL) reported a first-half net loss of US$206 million, based on Chinese accounting standards, compared with a net loss of $208.94 million in the year-earlier period as it battled oversupply and weak international trade.
Felixstowe port plans to extend berth
Felixstowe, the UK's biggest container port in terms of capacity, plans to extend one of its berths so it can handle two of the new generation of extra-large container ship at the same time, the latest indication of growing competition among British
Shanghai port first half profit up 13%
Shanghai International Port (Group) Co saw its first-half net profit rise 13 percent year-on-year, driven by higher port-handling volume and investment gains, reported Dow Jones Newswires.
Hyundai Heavy set for $1.4b ship sale
South Korea's Hyundai Heavy Industries is close to winning an order worth about US$1.4 billion to build 10 huge container ships for the United Arab Shipping Company (UASC), a source close to the matter said, reported Reuters.
DHL expands Indonesian footprint
DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, is expanding its operations in Indonesia with the opening of two additional offices to help further serve the six new economic corridors under development by Indonesia.
Greyhound to offer door-to-door service
Beginning September 3, Greyhound Package Express, the company's expedited shipping division, will offer door-to-door service within the 48 contiguous United States.
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- Edition: 1506
Headlines
Contents UK orders Ryanair to cut Aer Lingus stake
Britain's competition watchdog has ordered Ryanair to cut its stake in smaller Irish rival Aer Lingus to five percent from 30 percent, saying the current arrangement had the potential to substantially reduce competition, reported Reuters.
US asks for March trial in airline merger challenge
The US Justice Department asked a federal court to set a March 3 trial date to hear arguments over whether it should stop a planned merger between US Airways and American Airlines, reported Reuters.
Russian show kicks off with Superjet deals
Russia's first civil plane since the fall of the Soviet Union bagged a clutch of deals with mainly domestic buyers on the first day of an air show near Moscow, as the country battles to revive its aircraft industry amid stiff foreign competition,
Air China capitalises on foreign travel
Air China is poised to emerge as the best performer among China's big carriers in a slow first half of the year, benefiting from a rapid expansion to foreign destinations that now account for 40 percent of its revenue, reported Reuters.
Earnings drop a setback for Singamas
The recovery that Singamas Container had projected for the second half of this year may not come until 2015 as slow trade and falling profits of shipping lines hurt demand and pushed the group's net profit down 28 per cent to US$27.
Cosco Pacific profit
triples in first half
Cosco Pacific, the largest port operator on the mainland, said it was on track to increase throughput 10 percent this year and acquire other firms, after its first-half net profit more than tripled.
Argentine airport workers to strike over hangar issue
Latam Airlines Group received wide support from Argentina's airport personnel and cabin crews who have called for a nationwide strike on Thursday to protest the government evicting the company's LAN Argentina unit from a hangar at the central Buenos
ANA to buy 49% of Myanmar carrier
Japan's ANA will take a 49 percent stake in Myanmar carrier Asian Wings Airways as part of a strategy to expand overseas by investing in airline related businesses, an industry source familiar with the agreement said, reported Reuters.
Turkish Airlines Q2 profit falls 29%
Turkish Airlines posted a net profit of US$72 million in the second quarter, down 29 percent from a year earlier. The Turkish flag carrier's results also showed second-quarter sales jumped 20 percent from a year earlier to $2.3 billion.
| | Slow travel demand hits
China Southern results
China Southern Airlines kicked off the reporting season for Chinese airlines with worse-than-expected first-half results, a sign of turbulence for the country's carriers as the slowing economy curtails travel demand.
Cambodia's new terminal may not deliver
Shallow draft, lack of rail connectivity, uneasy relations with Vietnam, and the general slowdown may leave LM 17, Cambodia's new US$28 million container terminal near Phnom Penh, is up the strait, reported The Hindu.
India's Shipping Corpn to hike freight rates
Shipping Corporation of India will increase the container freight rates on the India-Europe sector by US$300 for 20-feet containers from September 1, reported The Hindu.
Malaysia's Kuantan expansion to boost trade
Malaysian bilateral trade and investment with China will soon be given a shot in the arm with the expansion of Kuantan Port and as it adopts the Eastern Gateway name, reported Business Times.
TNT mulls sale of Dutch fashion unit
TNT Express has decided to explore sale opportunities for the Dutch operations of its specialist fashion supply chain business TNT Fashion.
Damco names regional CEO for Latin America
Damco has appointed Samuel Israel as regional CEO for the Latin America region.
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- Edition: 1505
Headlines
Contents China luring foreign
pilots with big salaries
China is snapping up the world's supply of senior pilots with the offer of huge salaries, contributing to a global shortage and creating headwinds for Asia's fast-expanding airlines.
AMR urges court to back restructuring despite suit
American Airlines and its creditors' committee urged a bankruptcy judge to approve the airline's restructuring plan despite an anti-trust challenge from the Department of Justice, reported Reuters.
Etihad may take stake in Alitalia
Italian airline Alitalia is in talks with Etihad Airways on a commercial deal that may even lead to the Abu Dhabi-based carrier taking a stake in the money-losing Italian company, daily il Sole 24 Ore reported.
Japan mulls buying into two ports losing out to Busan
The Japanese transport ministry is considering taking equity stakes to step up its control on the operators of the country's two container ports in the Tokyo and Osaka regions in the face of strong competition from South Korea's Busan Port, sources
Indonesian airlines focus on cargo
Despite the fact that Indonesia is currently shadowed by the weakening value of the rupiah, the air cargo sector is projected to continue growing this year because demand for fast moving consumer goods distribution keeps increasing annually, reported The
Toll offshoot drops Virgin contract as losses mount
Toll Holdings' airport services offshoot has ditched a large contract with Virgin Australia after suffering "significant losses" on the deal, which involved baggage handling and passenger check-in services, reported The Sydney Morning Herald.
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